SHANON Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022
Cash & Equivalents	1,009	1,028	763	400	264
Cash & Short-Term Investments	1,009	1,028	763	400	264
Cash Growth	-1.80%	34.73%	90.75%	51.52%	-46.23%
Receivables	223.01	175	443	491	357
Inventory	21.09	33	26	50	29
Prepaid Expenses	133.74	-	141	111	102
Other Current Assets	13.15	124	3	56	18
Total Current Assets	1,400	1,360	1,376	1,108	770
Property, Plant & Equipment	90.97	94	27	42	51
Long-Term Investments	0.47	98	330	229	223
Goodwill	80.75	67	79	209	230
Other Intangible Assets	329.33	318	321	400	511
Long-Term Deferred Tax Assets	1.13	-	25	25	48
Long-Term Deferred Charges	0.43	-	9	9	4
Other Long-Term Assets	94.82	2	2	2	3
Total Assets	1,998	1,939	2,169	2,024	1,840
Accounts Payable	24.11	31	60	119	128
Accrued Expenses	236.77	91	59	56	68
Short-Term Debt	-	-	-	-	50
Current Portion of Long-Term Debt	62.48	62	153	197	175
Current Income Taxes Payable	32.69	29	105	126	122
Other Current Liabilities	621.39	758	609	550	493
Total Current Liabilities	977.43	971	986	1,048	1,036
Long-Term Debt	34.66	38	1,235	936	519
Other Long-Term Liabilities	0	2	1	3	1
Total Liabilities	1,012	1,011	2,222	1,987	1,556
Common Stock	1,084	1,084	550	548	449
Additional Paid-In Capital	729.44	729	195	193	94
Retained Earnings	-840.64	-896	-812	-711	-265
Treasury Stock	-0.49	-	-	-	-
Comprehensive Income & Other	13.62	11	14	7	6
Shareholders' Equity	986.29	928	-53	37	284
Total Liabilities & Equity	1,998	1,939	2,169	2,024	1,840
Total Debt	97.13	100	1,388	1,133	744
Net Cash (Debt)	912.36	928	-625	-733	-480
Net Cash Growth	-1.69%	-	-	-	-
Net Cash Per Share	170.87	177.05	-196.62	-239.61	-163.69
Filing Date Shares Outstanding	5.93	5.93	3.18	3.17	2.93
Total Common Shares Outstanding	5.93	5.93	3.18	3.17	2.93
Working Capital	423.06	389	390	60	-266
Book Value Per Share	166.44	156.60	-16.66	11.66	96.79
Tangible Book Value	576.22	543	-453	-572	-457
Tangible Book Value Per Share	97.24	91.63	-142.43	-180.23	-155.75
Buildings	75.63	-	-	-	-
Machinery	50.31	-	-	-	-

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