DRAFT Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,001	2,147	1,787	1,534	2,176	1,232
Cash & Short-Term Investments	1,001	2,147	1,787	1,534	2,176	1,232
Cash Growth	-54.29%	20.14%	16.49%	-29.50%	76.62%	-35.83%
Receivables	1,244	1,653	3,690	2,179	1,903	1,112
Inventory	1,146	216	177	138	131	211
Other Current Assets	351	153	220	407	98	56
Total Current Assets	3,742	4,169	5,874	4,258	4,308	2,611
Property, Plant & Equipment	2,004	1,655	908	617	910	865
Long-Term Investments	434	423	423	534	268	157
Goodwill	32	80	145	210	274	-
Other Intangible Assets	61	58	64	67	21	19
Long-Term Deferred Tax Assets	356	71	49	37	58	36
Other Long-Term Assets	2	2	2	1	1	2
Total Assets	6,631	6,458	7,465	5,724	5,840	3,690
Accounts Payable	744	562	1,578	1,159	1,281	567
Accrued Expenses	60	-	-	-	42	34
Short-Term Debt	1,300	287	650	550	50	-
Current Portion of Long-Term Debt	175	296	336	123	141	282
Current Income Taxes Payable	6	314	390	441	340	18
Other Current Liabilities	554	411	225	174	416	141
Total Current Liabilities	2,839	1,870	3,179	2,447	2,270	1,042
Long-Term Debt	110	219	515	283	555	696
Other Long-Term Liabilities	390	300	297	2	8	6
Total Liabilities	3,339	2,389	3,991	2,732	2,833	1,744
Common Stock	818	807	807	807	807	548
Additional Paid-In Capital	798	787	787	787	787	528
Retained Earnings	1,645	2,425	1,839	1,373	1,402	865
Comprehensive Income & Other	31	50	41	25	11	5
Shareholders' Equity	3,292	4,069	3,474	2,992	3,007	1,946
Total Liabilities & Equity	6,631	6,458	7,465	5,724	5,840	3,690
Total Debt	1,585	802	1,501	956	746	978
Net Cash (Debt)	-584	1,345	286	578	1,430	254
Net Cash Growth	-	370.28%	-50.52%	-59.58%	462.99%	-68.83%
Net Cash Per Share	-58.12	133.42	28.38	57.35	153.47	28.54
Filing Date Shares Outstanding	10.09	10.04	10.04	10.04	10.04	9.25
Total Common Shares Outstanding	10.09	10.04	10.04	10.04	10.04	9.25
Working Capital	903	2,299	2,695	1,811	2,038	1,569
Book Value Per Share	326.31	405.13	345.90	298.01	299.60	210.36
Tangible Book Value	3,199	3,931	3,265	2,715	2,712	1,927
Tangible Book Value Per Share	317.09	391.39	325.09	270.42	270.21	208.30
Order Backlog	-	928.07	2,642	275.37	928.07	-

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