Hoshizaki 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	158,355	177,089	239,035	254,530	226,065	240,723
Cash & Short-Term Investments	158,355	177,089	239,035	254,530	226,065	240,723
Cash Growth	-26.54%	-25.91%	-6.09%	12.59%	-6.09%	10.82%
Receivables	89,750	74,463	68,787	51,477	45,294	30,888
Inventory	83,478	80,933	69,164	52,263	51,825	35,555
Other Current Assets	12,223	9,828	13,321	5,875	5,056	3,479
Total Current Assets	343,806	342,313	390,307	364,145	328,240	310,645
Property, Plant & Equipment	95,373	91,630	80,498	53,034	47,900	43,174
Long-Term Investments	43,513	28,469	22,679	19,100	17,271	11,956
Goodwill	76,099	76,352	24,160	9,382	15,752	-
Other Intangible Assets	24,694	24,725	15,986	8,975	2,094	2,766
Long-Term Deferred Tax Assets	-	12,155	10,314	10,723	10,968	9,927
Other Long-Term Assets	2	2	-	2	2	1
Total Assets	583,487	575,646	543,944	465,361	422,227	378,469
Accounts Payable	40,025	36,255	36,252	30,308	32,714	26,070
Accrued Expenses	8,313	4,994	-	-	-	-
Short-Term Debt	7,054	6,390	-	-	-	-
Current Income Taxes Payable	6,539	5,787	6,750	5,952	4,066	6,502
Other Current Liabilities	81,285	82,172	85,588	68,378	66,207	61,876
Total Current Liabilities	143,216	135,598	128,590	104,638	102,987	94,448
Pension & Post-Retirement Benefits	4,457	6,877	18,732	21,666	21,786	20,241
Long-Term Deferred Tax Liabilities	-	13,349	8,723	-	-	-
Other Long-Term Liabilities	20,110	5,909	5,222	6,121	4,828	3,918
Total Liabilities	167,783	161,733	161,267	132,425	129,601	118,607
Common Stock	8,138	8,138	8,138	8,098	8,070	8,052
Additional Paid-In Capital	14,559	14,559	14,660	14,620	14,593	14,574
Retained Earnings	319,879	317,873	295,561	274,766	252,508	239,958
Treasury Stock	-25,100	-18,527	-14,514	-8	-8	-6
Comprehensive Income & Other	75,879	70,564	60,078	31,021	14,163	-4,751
Total Common Equity	393,355	392,607	363,923	328,497	289,326	257,827
Minority Interest	22,349	21,306	18,754	4,439	3,300	2,035
Shareholders' Equity	415,704	413,913	382,677	332,936	292,626	259,862
Total Liabilities & Equity	583,487	575,646	543,944	465,361	422,227	378,469
Total Debt	7,054	6,390	-	-	-	-
Net Cash (Debt)	151,301	170,699	239,035	254,530	226,065	240,723
Net Cash Growth	-29.81%	-28.59%	-6.09%	12.59%	-6.09%	10.82%
Net Cash Per Share	1070.18	1206.61	1662.29	1756.98	1560.60	1661.90
Filing Date Shares Outstanding	141.2	141.31	141.33	144.87	144.86	144.85
Total Common Shares Outstanding	141.2	141.6	142.26	144.87	144.86	144.85
Working Capital	200,590	206,715	261,717	259,507	225,253	216,197
Book Value Per Share	2785.76	2772.72	2558.12	2267.49	1997.27	1779.92
Tangible Book Value	292,562	291,530	323,777	310,140	271,480	255,061
Tangible Book Value Per Share	2071.94	2058.88	2275.92	2140.78	1874.07	1760.83

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