1. Provide a Liquidity Ratio Analysis based on the current ratio.

2. Provide a Profitability Ratio Analysis based on the ROA, ROE, Overseas Sales Ratio, Cost of Sales to Net Sales and Gross Profit to net Sales.

Sega Sammy Holdings, Inc. Earnings Information 2017 2018 2019 2020 Earnings Information Net sales 366.939 323.664 331,648 366.594 millions of yen millions of yen. Overseas sales 41,546 55.671 53.745 75.351 Cost of sales millions of yen 231.261 202.930 211.199 230.092 Gross profit millions of yen 135.678 120.734 120.449 136.502 Selling, general and administrative millions of yen 106,150 103.013 107,369 108.859 expenses Operating income millions of yen 29,527 17,720 13,079 27,643 Ordinary income millions of yen 28,542 14.578 7,495 25,276 Profit attributable to owners of parent millions of yen 27,607 8.930 2,642 13,775 Ratios Overseas sa es ratio % 11.3 17.2 16.2 20.6 Cost of sales to net sales % 63.0 62.7 63.7 62.8 Gross profit to net sales % 37.0 37.3 36.3 37.2 SGA expenses to net sales % 28.7 31.8 32.4 27.7 Operating income margin % 8.0 5.5 3.9 7.5 Ordinary income to ret sales % 7.8 4.5 2.3 6.9 % 7.5 28 0.8 3.8 Profit attributable to owners of parent to net sales Balance Sheets Information 2017 2018 2019 2020 Total assets 521,599 473.467 464,654 458,268 Net assets 311,497 310.456 305.337 296.858 millions of yen millions of yen millions of yen millions of yen Current assets 324,115 272,331 260,462 268,976 197,483 201,136 204,191 187,292 millions of yen 112,567 84,452 87,542 86,147 Noncurrent assets Current liaoilities Noncurrent iabilities Interest bearing debt millions of yen 97,534 78,558 71,774 75,263 millions of yen 102,855 87,000 76,100 75,300 millions of yen 307,764 307,951 302,648 294,102 Shareholders' equity. Ratios Equity ratio % 59.0 65.0 65.1 64,2 ROA % 5.2 1.8 0.6 3.0 ROE % 7.2 2.9 0.9 4.6 Debt ratio % 68.3 52.9 52.6 54.9 Fixed assets rato % 64.2 63.7 67.5 64.4 Current ratio 328.3 297.5 312.2 % times 287.9 0.3 D/E ratio 0.3 0.3 0.3 1. Interest-bearina debt-Loans pavable. Bonds Davable 2. Ratios - ROA is calculated by using Ordinary income / Total assets until 2015 and "Profit attributable to owners of parent / Total assets from 2016 onwards. 2021 277.748 87.289 176.973 100.775 94,221 6,553 1.715 1,274 31,4 63.7 36.3 33.9 2.4 0.6 0.5 2021 421,599 291.256 276,295 145.304 59.777 70.566 52,000 290.759 69.0 0.3 0.4 44.8 50.0 462.2 0.2