HOTLAND HOLDINGS Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6,687	4,805	3,726	2,860	3,340	3,161
Cash & Short-Term Investments	6,687	4,805	3,726	2,860	3,340	3,161
Cash Growth	38.77%	28.96%	30.28%	-14.37%	5.66%	44.93%
Accounts Receivable	2,033	2,685	2,657	2,336	2,180	2,377
Other Receivables	-	37	-	1	1	-
Receivables	2,033	2,722	2,657	2,337	2,181	2,377
Inventory	3,403	3,349	2,914	2,806	2,635	2,516
Other Current Assets	2,926	3,054	2,629	2,077	1,488	1,346
Total Current Assets	15,049	13,930	11,926	10,080	9,644	9,400
Property, Plant & Equipment	12,485	11,750	9,321	7,841	7,172	6,891
Long-Term Investments	-	4,764	5,252	4,629	4,134	3,724
Goodwill	1,483	1,534	1,072	632	718	804
Other Intangible Assets	103.06	107	48	89	78	110
Long-Term Deferred Tax Assets	-	1,349	876	419	308	375
Other Long-Term Assets	6,475	2	1	1	1	1
Total Assets	35,595	33,457	28,519	23,713	22,063	21,313
Accounts Payable	2,549	2,847	2,526	1,770	1,461	1,337
Accrued Expenses	427.78	1,529	1,347	1,052	984	771
Short-Term Debt	2,122	1,541	1,916	2,010	207	1,015
Current Portion of Long-Term Debt	2,103	1,880	1,268	1,292	1,462	1,503
Current Portion of Leases	-	279	355	317	-	-
Current Income Taxes Payable	531.04	2,584	2,353	2,126	1,969	2,406
Other Current Liabilities	4,622	744	662	495	642	811
Total Current Liabilities	12,354	11,404	10,427	9,062	6,725	7,843
Long-Term Debt	8,600	7,639	3,583	2,148	3,201	2,867
Long-Term Leases	-	436	487	386	-	-
Pension & Post-Retirement Benefits	131	126	102	89	82	72
Long-Term Deferred Tax Liabilities	-	4	-	-	-	58
Other Long-Term Liabilities	2,219	1,662	1,378	1,272	1,376	1,348
Total Liabilities	23,305	21,271	15,977	12,957	11,384	12,188
Common Stock	3,313	3,313	3,313	3,313	3,313	3,301
Additional Paid-In Capital	3,184	3,184	3,184	3,180	3,201	3,190
Retained Earnings	5,706	5,462	5,333	3,696	2,827	1,619
Treasury Stock	-758.48	-758	-758	-786	-	-
Comprehensive Income & Other	23.87	138	765	881	854	566
Total Common Equity	11,469	11,339	11,837	10,284	10,195	8,676
Minority Interest	820.79	847	705	472	484	449
Shareholders' Equity	12,290	12,186	12,542	10,756	10,679	9,125
Total Liabilities & Equity	35,595	33,457	28,519	23,713	22,063	21,313
Total Debt	12,825	11,775	7,609	6,153	4,870	5,385
Net Cash (Debt)	-6,138	-6,970	-3,883	-3,293	-1,530	-2,224
Net Cash Per Share	-288.68	-327.82	-182.68	-152.25	-70.89	-102.72
Filing Date Shares Outstanding	21.26	21.26	21.26	21.25	21.66	21.56
Total Common Shares Outstanding	21.26	21.26	21.26	21.25	21.66	21.56
Working Capital	2,694	2,526	1,499	1,018	2,919	1,557
Book Value Per Share	539.42	533.31	556.73	484.01	470.78	402.41
Tangible Book Value	9,883	9,698	10,717	9,563	9,399	7,762
Tangible Book Value Per Share	464.84	456.12	504.05	450.08	434.03	360.02