Innovacell Ratios and Metrics

Market cap in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Debt / Equity Ratio	-8.24	-8.24	-2.12	-2.03
Net Debt / Equity Ratio	-1.74	-1.74	-1.12	-1.40
Net Debt / EBITDA Ratio	-0.50	-0.50	-	-
Net Debt / FCF Ratio	-0.54	-0.54	-	-
Quick Ratio	10.09	10.09	4.31	1.81
Current Ratio	10.41	10.41	4.53	2.61
Return on Assets (ROA)	-35.19%	-35.19%	-44.67%	-
Return on Capital Employed (ROCE)	-47.90%	-47.90%	-80.60%	-111.00%
Buyback Yield / Dilution	-	-19.90%	-0.73%	-

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