HOTLAND HOLDINGS Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	6,796	3,726	2,860	3,340	3,161	2,181
Cash & Short-Term Investments	6,796	3,726	2,860	3,340	3,161	2,181
Cash Growth	71.31%	30.28%	-14.37%	5.66%	44.93%	-4.51%
Accounts Receivable	1,840	2,657	2,336	2,180	2,377	2,567
Other Receivables	-	-	1	1	-	49
Receivables	1,840	2,657	2,337	2,181	2,377	2,616
Inventory	3,172	2,914	2,806	2,635	2,516	2,628
Other Current Assets	2,502	2,629	2,077	1,488	1,346	825
Total Current Assets	14,310	11,926	10,080	9,644	9,400	8,250
Property, Plant & Equipment	11,056	9,321	7,841	7,172	6,891	5,700
Long-Term Investments	5,977	5,252	4,629	4,134	3,724	2,868
Goodwill	1,585	1,072	632	718	804	423
Other Intangible Assets	102	48	89	78	110	157
Long-Term Deferred Tax Assets	-	876	419	308	375	758
Other Long-Term Assets	1	1	1	1	1	2
Total Assets	33,031	28,519	23,713	22,063	21,313	18,166
Accounts Payable	2,311	2,526	1,770	1,461	1,337	1,072
Accrued Expenses	428	1,347	1,052	984	771	764
Short-Term Debt	2,701	1,916	2,010	207	1,015	1,324
Current Portion of Long-Term Debt	1,855	1,268	1,292	1,462	1,503	1,121
Current Portion of Leases	-	355	317	-	-	-
Current Income Taxes Payable	1,533	2,353	2,126	1,969	2,406	1,469
Other Current Liabilities	2,085	662	495	642	811	603
Total Current Liabilities	10,913	10,427	9,062	6,725	7,843	6,353
Long-Term Debt	7,862	3,583	2,148	3,201	2,867	3,853
Long-Term Leases	-	487	386	-	-	-
Pension & Post-Retirement Benefits	93	102	89	82	72	67
Long-Term Deferred Tax Liabilities	-	-	-	-	58	61
Other Long-Term Liabilities	1,995	1,378	1,272	1,376	1,348	1,298
Total Liabilities	20,863	15,977	12,957	11,384	12,188	11,632
Common Stock	3,313	3,313	3,313	3,313	3,301	3,296
Additional Paid-In Capital	3,184	3,184	3,180	3,201	3,190	3,184
Retained Earnings	5,323	5,333	3,696	2,827	1,619	-459
Treasury Stock	-758	-758	-786	-	-	-
Comprehensive Income & Other	313	765	881	854	566	84
Total Common Equity	11,375	11,837	10,284	10,195	8,676	6,105
Minority Interest	793	705	472	484	449	429
Shareholders' Equity	12,168	12,542	10,756	10,679	9,125	6,534
Total Liabilities & Equity	33,031	28,519	23,713	22,063	21,313	18,166
Total Debt	12,418	7,609	6,153	4,870	5,385	6,298
Net Cash (Debt)	-5,622	-3,883	-3,293	-1,530	-2,224	-4,117
Net Cash Per Share	-264.42	-182.68	-152.25	-70.89	-102.72	-191.34
Filing Date Shares Outstanding	21.26	21.26	21.25	21.66	21.56	21.53
Total Common Shares Outstanding	21.26	21.26	21.25	21.66	21.56	21.52
Working Capital	3,397	1,499	1,018	2,919	1,557	1,897
Book Value Per Share	535.00	556.73	484.01	470.78	402.41	283.69
Tangible Book Value	9,688	10,717	9,563	9,399	7,762	5,525
Tangible Book Value Per Share	455.65	504.05	450.08	434.03	360.02	256.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.