Hottolink 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	2,306	2,431	3,301	3,495	3,596	2,598
Cash & Short-Term Investments	2,306	2,431	3,301	3,495	3,596	2,598
Cash Growth	-24.76%	-26.36%	-5.55%	-2.81%	38.41%	25.69%
Accounts Receivable	460	505	494	672	376	618
Other Receivables	111	150	59	-	283	-
Receivables	571	655	553	672	659	618
Inventory	-	-	-	-	-	139
Prepaid Expenses	-	70	46	40	42	62
Other Current Assets	83	52	6	33	12	27
Total Current Assets	2,960	3,208	3,906	4,240	4,309	3,444
Property, Plant & Equipment	294	304	359	430	500	537
Long-Term Investments	1,338	1,457	1,628	1,458	1,689	1,176
Goodwill	228	228	1,142	1,615	1,298	1,530
Other Intangible Assets	921	798	834	745	673	625
Other Long-Term Assets	3	1	2	2	2	2
Total Assets	5,744	5,996	7,871	8,490	8,471	7,314
Accounts Payable	416	493	425	574	488	584
Accrued Expenses	-	144	147	131	159	205
Short-Term Debt	180	-	-	-	-	-
Current Portion of Long-Term Debt	-	183	147	132	107	34
Current Portion of Leases	49	49	49	80	69	85
Current Income Taxes Payable	3	53	55	81	32	178
Other Current Liabilities	193	19	22	21	38	37
Total Current Liabilities	841	941	845	1,019	893	1,123
Long-Term Debt	462	507	492	639	772	1,062
Long-Term Leases	227	239	289	330	405	424
Long-Term Deferred Tax Liabilities	269	261	375	344	441	461
Other Long-Term Liabilities	13	15	15	22	13	113
Total Liabilities	1,812	1,963	2,016	2,354	2,524	3,183
Common Stock	100	100	2,438	2,438	2,427	2,427
Additional Paid-In Capital	5,208	5,255	2,963	2,963	2,952	2,952
Retained Earnings	-1,617	-1,571	260	804	577	-1,240
Treasury Stock	-241	-193	-140	-140	-140	-140
Comprehensive Income & Other	482	442	334	71	131	-132
Total Common Equity	3,932	4,033	5,855	6,136	5,947	3,867
Minority Interest	-	-	-	-	-	264
Shareholders' Equity	3,932	4,033	5,855	6,136	5,947	4,131
Total Liabilities & Equity	5,744	5,996	7,871	8,490	8,471	7,314
Total Debt	918	978	977	1,181	1,353	1,605
Net Cash (Debt)	1,388	1,453	2,324	2,314	2,243	993
Net Cash Growth	-35.11%	-37.48%	0.43%	3.16%	125.88%	89.50%
Net Cash Per Share	88.96	92.65	148.16	147.67	143.44	63.62
Filing Date Shares Outstanding	15.37	15.31	15.69	15.69	15.59	15.57
Total Common Shares Outstanding	15.37	15.48	15.69	15.69	15.57	15.57
Working Capital	2,119	2,267	3,061	3,221	3,416	2,321
Book Value Per Share	255.89	260.49	373.27	391.19	381.84	248.29
Tangible Book Value	2,783	3,007	3,879	3,776	3,976	1,712
Tangible Book Value Per Share	181.12	194.22	247.30	240.73	255.29	109.92