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. 2017 2018 2019 2020 2021 millions of yer millions of yer millions of yen millions of yer millions of yen millions of yen millions of yen millions of yen 366.939 41.546 231.261 35,678 06.155 323.664 55.671 202.930 120.734 103,013 337,548 53.745 271,199 120.449 107,369 366,594 75.351 230.092 136,502 108,859 Earnings Information Earnings Information Net sales Overseas sa es Cost of sales Gross profit Seling, general and adminstrative expenses Operating income Ordinary income Profit atributable to owners of parent Ratios Overseas sa es ratio Cost of sales to net sales Gross profit oret sales SGA experses to net sales Operating income margin Ordinary ircome to retsales Profit attributable to owners of parent to net sales 277.748 87.289 176.973 100.775 94.221 29,527 28,542 27,697 17.720 14.578 8.930 13,079 7,495 2,642 27,643 25,276 13,775 6,553 1.715 1.274 % % % 11.3 63.0 37.0 28.7 8.5 7.B 7.5 17.2 62.7 37.3 31.8 5.5 4.5 2.8 16.2 63.7 36.3 32.4 3.2 2.3 0.8 20.6 62.8 37.2 29.7 7.5 6.7 3.8 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 Balance Sheets Information 2017 2018 2019 2020 Total assets millions of yen 521.599 473,467 454,554 458,268 Net assets millions of yer 311.497 310.456 305,337 296.858 Current assets millions of yen 324,115 272.331 260,462 268,976 Noncurrent assets millions of yen 97,433 201.136 204,191 187,292 Current liabilities millions of yen 112,567 84,452 87,542 86,147 Noncurrent iabilities millions of yen 97,534 78,558 7,774 75,263 Interest bearing debt millions of yen 02,855 87.000 76,100 75,300 Shareholders equity millions of yen 307.764 307.951 302,648 294,152 Ratios Equity ratio % 59.0 65.0 65.1 64.2 ROA % 5.2 1.8 0.6 3.5 ROE % 7.2 2.9 0.7 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 % 287.9 328.3 297.5 312.2 D/E ratio times 0.3 0.3 0.3 0.3 1. Interest-beanno debt - Loons povable. Bonds povable 2. Ratios - ROA is calculates by using "Ordinary income / Total assets until 2015 and "Profit attributable to owners of parent / Total assets from 2916 onwards. 69.0 0.3 0.4 44.8 50.0 462.2 0.2