GRANDES Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,008	1,608	1,170	1,644	703
Cash & Short-Term Investments	1,008	1,608	1,170	1,644	703
Cash Growth	-37.31%	37.44%	-28.83%	133.85%	-15.30%
Receivables	50	45	76	107	6
Inventory	3,858	2,729	2,710	2,440	2,964
Other Current Assets	358	22	23	66	16
Total Current Assets	5,274	4,404	3,979	4,257	3,689
Property, Plant & Equipment	87	17	6	7	11
Long-Term Investments	40	41	38	50	64
Goodwill	78	-	-	-	3
Other Intangible Assets	2	2	3	5	8
Long-Term Deferred Tax Assets	46	39	36	50	-
Other Long-Term Assets	1	1	2	1	-
Total Assets	5,548	4,525	4,087	4,395	3,775
Accounts Payable	197	230	270	279	106
Short-Term Debt	477	150	160	-	-
Current Portion of Long-Term Debt	172	81	105	138	129
Current Income Taxes Payable	32	179	73	52	56
Current Unearned Revenue	173	76	220	248	-
Other Current Liabilities	110	123	174	258	99
Total Current Liabilities	1,161	839	1,002	975	390
Long-Term Debt	1,595	807	949	1,401	1,465
Pension & Post-Retirement Benefits	32	30	34	36	-
Other Long-Term Liabilities	74	78	40	51	4
Total Liabilities	2,862	1,754	2,025	2,463	1,859
Common Stock	462	462	268	268	268
Additional Paid-In Capital	514	514	258	258	258
Retained Earnings	1,709	1,794	1,595	1,466	1,449
Treasury Stock	-	-	-61	-61	-61
Comprehensive Income & Other	1	1	2	1	2
Shareholders' Equity	2,686	2,771	2,062	1,932	1,916
Total Liabilities & Equity	5,548	4,525	4,087	4,395	3,775
Total Debt	2,244	1,038	1,214	1,539	1,594
Net Cash (Debt)	-1,236	570	-44	105	-891
Net Cash Per Share	-301.46	157.67	-12.57	30.00	-247.42
Filing Date Shares Outstanding	4.1	4.1	3.5	3.5	3.5
Total Common Shares Outstanding	4.1	4.1	3.5	3.5	3.5
Working Capital	4,113	3,565	2,977	3,282	3,299
Book Value Per Share	655.12	675.85	589.14	551.99	547.42
Tangible Book Value	2,606	2,769	2,059	1,927	1,905
Tangible Book Value Per Share	635.60	675.36	588.28	550.57	544.28
Order Backlog	-	646.97	1,272	2,309	0.8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.