Hottolink 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	2,431	3,301	3,495	3,596	2,598
Cash & Short-Term Investments	2,431	3,301	3,495	3,596	2,598
Cash Growth	-26.36%	-5.55%	-2.81%	38.41%	25.69%
Accounts Receivable	505	494	672	376	618
Other Receivables	97	59	-	283	-
Receivables	602	553	672	659	618
Inventory	-	-	-	-	139
Prepaid Expenses	-	46	40	42	62
Other Current Assets	175	6	33	12	27
Total Current Assets	3,208	3,906	4,240	4,309	3,444
Property, Plant & Equipment	304	359	430	500	537
Long-Term Investments	1,457	1,628	1,458	1,689	1,176
Goodwill	228	1,142	1,615	1,298	1,530
Other Intangible Assets	798	834	745	673	625
Other Long-Term Assets	1	2	2	2	2
Total Assets	5,996	7,871	8,490	8,471	7,314
Accounts Payable	493	425	574	488	584
Accrued Expenses	-	147	131	159	205
Short-Term Debt	183	-	-	-	-
Current Portion of Long-Term Debt	-	147	132	107	34
Current Portion of Leases	49	49	80	69	85
Current Income Taxes Payable	3	55	81	32	178
Other Current Liabilities	213	22	21	38	37
Total Current Liabilities	941	845	1,019	893	1,123
Long-Term Debt	507	492	639	772	1,062
Long-Term Leases	239	289	330	405	424
Long-Term Deferred Tax Liabilities	261	375	344	441	461
Other Long-Term Liabilities	15	15	22	13	113
Total Liabilities	1,963	2,016	2,354	2,524	3,183
Common Stock	100	2,438	2,438	2,427	2,427
Additional Paid-In Capital	5,255	2,963	2,963	2,952	2,952
Retained Earnings	-1,571	260	804	577	-1,240
Treasury Stock	-193	-140	-140	-140	-140
Comprehensive Income & Other	442	334	71	131	-132
Total Common Equity	4,033	5,855	6,136	5,947	3,867
Minority Interest	-	-	-	-	264
Shareholders' Equity	4,033	5,855	6,136	5,947	4,131
Total Liabilities & Equity	5,996	7,871	8,490	8,471	7,314
Total Debt	978	977	1,181	1,353	1,605
Net Cash (Debt)	1,453	2,324	2,314	2,243	993
Net Cash Growth	-37.48%	0.43%	3.16%	125.88%	89.50%
Net Cash Per Share	92.65	148.16	147.67	143.44	63.62
Filing Date Shares Outstanding	15.67	15.69	15.69	15.59	15.57
Total Common Shares Outstanding	15.67	15.69	15.69	15.57	15.57
Working Capital	2,267	3,061	3,221	3,416	2,321
Book Value Per Share	257.36	373.27	391.19	381.84	248.29
Tangible Book Value	3,007	3,879	3,776	3,976	1,712
Tangible Book Value Per Share	191.89	247.30	240.73	255.29	109.92

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