Wintest 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	188	90	361	278	219	925
Cash & Short-Term Investments	188	90	361	278	219	925
Cash Growth	-2.59%	-75.07%	29.86%	26.94%	-76.32%	-29.92%
Accounts Receivable	119	88	108	42	36	507
Other Receivables	21	26	5	13	45	21
Receivables	140	114	113	55	81	528
Inventory	743	948	1,457	1,518	1,483	860
Other Current Assets	18	19	18	26	87	72
Total Current Assets	1,089	1,171	1,949	1,877	1,870	2,385
Long-Term Investments	23	23	24	24	25	24
Other Intangible Assets	-	-	-	-	-	1
Other Long-Term Assets	-	1	-	1	1	1
Total Assets	1,112	1,195	1,973	1,902	1,896	2,411
Accounts Payable	146	100	12	21	82	88
Short-Term Debt	-	100	-	157	-	-
Current Portion of Long-Term Debt	32	32	32	32	13	7
Current Income Taxes Payable	68	93	66	85	50	63
Other Current Liabilities	38	51	54	78	56	73
Total Current Liabilities	284	376	164	373	201	231
Long-Term Debt	80	104	136	169	96	37
Long-Term Leases	6	7	-	-	-	4
Other Long-Term Liabilities	17	10	9	8	10	8
Total Liabilities	387	497	309	550	307	280
Common Stock	2,029	1,674	1,627	1,210	1,000	2,954
Additional Paid-In Capital	2,316	1,960	1,913	1,497	1,286	3,061
Retained Earnings	-3,773	-3,129	-2,023	-1,468	-775	-3,875
Comprehensive Income & Other	153	193	147	113	78	-9
Shareholders' Equity	725	698	1,664	1,352	1,589	2,131
Total Liabilities & Equity	1,112	1,195	1,973	1,902	1,896	2,411
Total Debt	118	243	168	358	109	48
Net Cash (Debt)	70	-153	193	-80	110	877
Net Cash Growth	-	-	-	-	-87.46%	-30.89%
Net Cash Per Share	1.38	-3.50	4.82	-2.32	3.33	26.56
Filing Date Shares Outstanding	53.64	52.6	43.64	37.03	33.13	33.02
Total Common Shares Outstanding	53.64	45.06	43.64	36.07	33.04	33.02
Working Capital	805	795	1,785	1,504	1,669	2,154
Book Value Per Share	13.52	15.49	38.13	37.48	48.09	64.53
Tangible Book Value	725	698	1,664	1,352	1,589	2,130
Tangible Book Value Per Share	13.52	15.49	38.13	37.48	48.09	64.50
Order Backlog	-	560.5	768.1	840.23	692.48	-

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