Nagano Keiki Co., Ltd. · TSE:7715
Nagano Keiki — Q2 FY03/2026 Earnings Presentation
45 slides from Nagano Keiki's earnings presentation, Nov 27, 2025
Slide 1: Company Overview and Q2 FY 03/2026 Earning Results
Company Overview and Q2 FY 03/2026 Earning Results ( April 1, 2025-September 30, 2025 ) TSE Prime Market : 7715 November 27, 2025
Slide 2: Key Takeaways
Key Takeaways ○In the pressure gauge business, demand from the industrial machinery and process industries remained solid. Although net sales decreased by 10.4% year on year, the operating margin decline was limited to 4.1%. Q2 FY 03/2026 〇In the pressure sensor business, capital investment demand—p
Slide 3: Q2 FY 03/2026 Results
Q2 FY 03/2026 Results FY 03/2026 Forecast (Change) Progress on the Mid-term Business Plan and Future Initiatives Copyright ©NAGANO KEIKI CO.,LTD. All Rights Reserved. 3
Slide 4: Consolidated Operating Results for Q2 FY03/2026
Consolidated Operating Results for Q2 FY03/2026 Q2 FY 03/2025 Q2 FY 0 3 / 2 0 2 6 YoY change Results Re su lts （Millions of Yen） （2024.4.1-2024.9.30） （ 2 0 2 5 .4 .1 - 2 0 2 5 .9 .3 0 ） Amount % Net sales 35,631 32,401 (3,229) (9.1%) 3,994 3,251 (742) (18.6%) Operating profit 11.2% 10.0% (1.2%) ー 4,
Slide 5: Quarterly Performance Trends (Q1 FY03/2022–Q2 FY03/2026)
Quarterly Performance Trends（Q1 FY03/2022～Q2 FY03/2026） (Millions of yen) Net sales Operating profit Q1 Q2 Q3 Q4 Operating profit to net sales Q1 Q2 Q3 Q4 11.0% 69,544 10.5% 67,935 10.0% *１ 7,653 7,150 60,543 15,520 18,937 54,952 1,267 2,085 7.8% 14,064 14,553 6.5% 18,047 14,975 4,725 2,143 1,573 16
Slide 6: Operating Profit Analysis
Operating Profit Analysis Gross profit SG＆A 4,500 decreased by 1340 Decreased by 597 3,994 In tandem with the decline in net 4,000 sales, cost of goods sold also decreased. However, there was an 3,500 impact from rising prices of 245 3,251 materials and raw inputs. 314 37 3,000 1,888 [Personnel Expe
Slide 7: Performance by Segment
Performance by Segment Net sales Q2 FY 03/2025 Results Q2 FY 03/2026 Results YoY change (Millions of yen) Amount %※ Amount %※ Amount % Pressure gauge 19,162 53.8% 17,175 53.0% (1,987) (10.4%) Pressure sensor 11,106 31.2% 9,762 30.1% (1,343) (12.1%) Measurement & control equipment 1,849 5.2% 1,834 5.
Slide 8: Sales by Industry
Sales by Industry Q2 FY 03/2025 Results Q2 FY 03/2026 Results YoY change （Millions of yen） Amount % Amount % Amount % Pressure Gauge Industrial & Processes 10,245 53.5% 9,758 56.8% (487) (4.8%) FA Pneumatic 4,628 24.2% 3,817 22.2% (811) (17.5%) HVAC 1,090 5.7% 1,049 6.1% (41) (3.8%) Semiconductor 2,
Slide 9: Performance by Segment: Pressure Gauge
Performance by Segment : Pressure Gauge Gauge Sensor Measurement Die-cast Q2 FY03/2025 Q2 FY0 3 / 2 0 2 6 YoY change Results Re su lts （Millions of yen） （2024.4.1-2024.9.30） （ 2 0 2 5 .4 .1 - 2 0 2 5 .9 .3 0 ） Amount % Net sales 19,162 17,175 (1,987) (10.4%) Operating profit 1,642 1,575 (67) (4.1%)
Slide 10: Performance by Segment: Pressure Gauge
Performance by Segment : Pressure Gauge Gauge Sensor Measurement Die-cast (Millions of yen) Net sales (Millions of yen) Operating profit Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Operating profit to net sales 9.2% *１ 7.9% 10,496 7,552 714 6,342 6.0% 6,939 7,321 9,418 4.9% 270 576 8,935 4.2% 6,624 738 10,169 428 8,952
Slide 11: Performance by Segment: Pressure Sensor
Performance by Segment : Pressure Sensor Gauge Sensor Measurement Die-cast Q2 FY03/2025 Q2 FY0 3 / 2 0 2 6 YoY change Results Re su lts （Millions of yen） （2024.4.1-2024.9.30） （ 2 0 2 5 .4 .1 - 2 0 2 5 .9 .3 0 ） Amount % Net sales 11,106 9,762 (1,343) (12.1%) Operating profit 2,418 1,429 (989) (40.9%
Slide 12: Performance by Segment: Pressure Sensor
Performance by Segment : Pressure Sensor Gauge Sensor Measurement Die-cast (Millions of yen) Net sales (Millions of yen) Operating profit Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Operating profit to net sales 821 20.2% 5,068 19.8% 997 5,367 4,735 4,694 13.6% 1,283 14.6% *１ 5,819 915 4,892 5,057 4,491 9.6% 944 6,153
Slide 13: Performance by Segment: Measurement & Control Equipment
Performance by Segment : Measurement & Control Equipment Gauge Sensor Measurement Die-cast Q2 FY03/2025 Q2 FY0 3 / 2 0 2 6 YoY change Results Re su lts （Millions of yen） （2024.4.1-2024.9.30） （ 2 0 2 5 .4 .1 - 2 0 2 5 .9 .3 0 ） Amount % Net sales 1,849 1,834 (14) (0.8%) Operating profit (19) 82 101 ―
Slide 14: Performance by Segment: Measurement & Control Equipment
Performance by Segment : Measurement & Control Equipment Gauge Sensor Measurement Die-cast Net sales (Millions of yen) Operating profit (Millions of yen) Q1 Q2 Q3 Q4 Operating profit to net sales Q1 Q2 Q3 Q4 10.6% 10.6% 8.6% 7.4% 1,421 228 213 1,332 1,168 1,255 144 4.5% *１ 1,202 99 275 1,102 130 69
Slide 15: Performance by Segment: Die-cast
Performance by Segment : Die-cast Gauge Sensor Measurement Die-cast Q2 FY03/2025 Q2 FY0 3 / 2 0 2 6 YoY change Results Re su lts （Millions of yen） （2024.4.1-2024.9.30） （ 2 0 2 5 .4 .1 - 2 0 2 5 .9 .3 0 ） Amount % Net sales 2,518 2,677 159 6.3% Operating profit (103) 101 205 ー Higher sales and profit
Slide 16: Performance by Segment: Die-cast
Performance by Segment : Die-cast Gauge Sensor Measurement Die-cast (Millions of yen) Net sales (Millions of yen) Operating profit Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Operating profit to net sales 3.8% *１ 13 9 2.1% 1,285 1,384 2.0% 1.8% 56 113 63 1,203 91 1,045 6 64 45 1,321 1,354 24 -5 1,148 -27 -57 1,069 -6 -
Slide 17: Orders Received and Backlog
Orders Received and Backlog Backlog Orders Sales Backlog YoY change in backlog As of March As of September （Millions of yen） 31,2025 2025.4-2025.9 2024.4-2025.3 30,2025 Amount % Pressure Gauge 6,481 16,744 17,175 6,050 (431) (6.7%) Pressure Sensor 4,555 9,020 9,762 3,813 (742) (16.3%) Measurement＆Co
Slide 18: Consolidated Sales by Region
Consolidated Sales by Region （Millions of yen） Japan US Asia Europe Other Total Other Europe 3.2% Q2 FY03/2025 14,922 9,798 6,690 2,558 1,660 35,631 8.5% Q2 FY03/2026 14,280 9,526 4,804 2,743 1,046 32,401 Asia Amount (641) (271) (1,886) 184 (614) (3,230) 14.8% Japan % (4.3%) (2.8%) (28.2%) 7.2% (37.
Slide 19: Consolidated balance sheet
Consolidated balance sheet FY03/2025 Q2 FY03/2026 From As of March 31, 2025 As of September 30, 2025 ＋1,260 Results Results FY03/2025 Total assets ¥74,406 Million Million yen Total assets ¥75,666 Million (Millions of yen) Amount % Amount % Amount Current assets 43,791 58.9% 44,310 58.6% 518 Current
Slide 20: FY 03/2026 Forecast (Change)
Q2 FY 03/2026 Results FY 03/2026 Forecast (Change) Progress on the Mid-term Business Plan and Future Initiatives Copyright ©NAGANO KEIKI CO.,LTD. All Rights Reserved. 20
Slide 21: Consolidated Performance Forecast for FY03/2026
Consolidated Performance Forecast for FY03/2026 FY03/2025 FY0 3 / 2 0 2 6 YoY change Results Fore c ast （Millions of yen） （2024.4.1-2025.3.31） （ 2 0 2 5 .4 .1 - 2 0 2 6 .3 .3 1 ） Amount % Net sales 69,544 67,100 (2,444) (3.5%) 7,653 6,800 (853) (11.1%) Operating profit 11.0% 10.1% (0.9%) ー 7,575 6,9
Slide 22: Forecast by segment (Compared with the initial forecast・YoY change)
Forecast by segment （Compared with the initial forecast・YoY change） Net sales Operating Profit Compared with the Compared with the initial forecast YoY change initial forecast YoY change Initial Current FY03/2025 Initial Current FY03/2025 Amount Amount Amount Amount forecast forecast Results forecas
Slide 23: Sales Forecast by Industry
Sales Forecast by Industry FY 03/2025 Results FY 03/2026 Forecast YoY change （Millions of yen） Amount % Amount % Amount % Pressure Gauge Industrial & Processes 19,821 53.6% 19,478 55.7% (343) (1.7%) FA Pneumatic 8,656 23.4% 7,933 22.7% (723) (8.4%) HVAC 2,184 5.9% 2,101 6.0% (83) (3.8%) Semiconducto
Slide 24: Forecast for Capital Expenditures, Depreciation and R&D
Forecast for Capital Expenditures, Depreciation and R&D Capital Expenditures/Depreciation R&D (Millions of yen) (Millions of yen) 3,500 2,000 Capital Depreciation R%D expenditures 3,041 3,000 2,888 1,586 2,740 1,500 1,428 1,357 1,366 1,338 2,500 2,312 2,091 2,000 1,972 2,037 1,000 1,500 1,785 1,788
Slide 25: Progress on the Mid-term Business Plan and Future Initiatives
Q2 FY 03/2026 Results FY 03/2026 Forecast (Change) Progress on the Mid-term Business Plan and Future Initiatives Copyright ©NAGANO KEIKI CO.,LTD. All Rights Reserved. 25
Slide 26: Trend of Actual Sales Against the Medium-Term Management Plan
Trend of Actual Sales Against the Medium-Term Management Plan Previous Medium-Term Management Plan Current Medium-Term Management Plan (Millions of yen) (2020–2022) (2023–2025) 80,000 ¥67.9 ¥69.2 ¥67.1 70,000 Billion Billion Billion ¥60.5 ¥54.9 Billion 60,000 Billion 50,000 ¥44.8 Billion 40,000 ¥67.
Slide 27: Q2 FY03/2026 Performance Results (vs. Plan)
Fiscal Year ending March 2026, Second Quarter Performance Results (vs. Plan) Progress is in line with the consolidated second-quarter earnings forecast. ¥32,400 million Net sales 100.0% ¥32,401 million ¥3,000 million Operating profit 108.4% ¥3,251 million ¥3,100 million 102.2% Ordinary profit ¥3,169
Slide 28: Dividend Trends
Dividend Trends ●The interim dividend per share has been increased by ¥2 from the previous Dividends/Payout ratio Increased Dividend forecast, totaling ¥26 per share (a ¥2 increase compared to the previous fiscal year). ●Following the increase in the interim dividend, the annual dividend per share i
Slide 29: Regarding the Acquisition of Treasury Shares (Completion of Acquisition)
Regarding the Acquisition of Treasury Shares (Completion of Acquisition) 1．Details of the Board Resolution Adopted on August 26, 2025 (1) Class of shares to be acquired: Common shares of the Company (2) Total number of shares to be acquired: Up to 600,000 shares (Equivalent to 3.1% of the total numb
Slide 30: Strengthening the Competitiveness of Existing Businesses (Pressure Sensor Business)
Strengthening the Competitiveness of Existing Businesses (Pressure Sensor Business) We are reinforcing our organizational framework to expand pressure sensor production capacity. Operations at the Diaphragm Processing Building commenced in September 2025. Production processes previously dispersed at
Slide 31: Development of a Hull Structural Response Monitoring System
Development of a Hull Structural Response Monitoring System Our system has been selected for the Arctic research vessel “Mirai II”. Our superior optical measurement technology supports the safety and future of navigation in ice-covered seas. By integrating FBG sensors, refined through infrastructure
Slide 32: Strengthening Competitiveness of Existing Businesses (Measurement and Control Equipment)
Strengthening Competitiveness of Existing Businesses (Measurement and Control Equipment Division) By integrating the pressure technologies we have cultivated—centered on our leak testing systems—we will further reinforce initiatives that underpin “safety and security” across the automotive, electron
Slide 33: Formulation of the Next Medium-Term Management Plan
Formulation of the Next Medium-Term Management Plan [Final Fiscal Year] Medium-Term Management Plan Phases 1 & 2 Phase 2 Four growth strategies — Performance Outlook: Fiscal Year 2025 — FY03/2023～ 1. Strengthening competitiveness Net sales: ¥67.1 billion Operating profit: 10.1% FY03/2025 of existing
Slide 34: Strengthening of the Management Foundation (New Production Building)
Strengthening of the Management Foundation (New “Production Building” Establishment Project) We will proactively execute strategic capital investments, such as the introduction of state-of-the-art production equipment and the construction of a new production building. Pressure Gauge Business Pressur
Slide 35: Thank you for your attention
Thank you for your attention 【Contact information for inquiries about this document】 NAGANO KEIKI CO., LTD. Corporate Strategy Dept. MAIL keiei-kikaku@naganokeiki.co.jp Corporate website https://www.naganokeiki.co.jp/ IR Information https://www.naganokeiki.co.jp/ir/ Copyright ©NAGANO KEIKI CO.,LTD.
Slide 36: Appendix
Appendix Copyright ©NAGANO KEIKI CO.,LTD. All Rights Reserved. 36
Slide 37: Pressure Gauge Business Segment
Pressure Gauge Business Segment Gauge Sensor Measurement Die-cast Founded in 1896, specializing in the development, manufacture, and sale of pressure gauges from low to ultra-high pressure. Holding over 60% of the domestic market share in terms of sales. Pressure Gauge FY 03/2025 5MPa~700MPa Busines
Slide 38: Pressure Gauge Business Segment: Industrial Processes and FA
Pressure Gauge Business Segment Gauge Sensor Measurement Die-cast ■Introduction to the Pressure Gauge Industry Performance Trends by Industry Industry Main Products Usage Examples Usage Descriptions (Sales Results) 【millions of yen】 ● Compressor ●In chemical plants and complexes, various liquids and
Slide 39: Pressure Gauge Business Segment: HVAC and Electronics
Pressure Gauge Business Segment Gauge Sensor Measurement Die-cast ■Introduction to the Pressure Gauge Industry Performance Trends by Industry Industry Main Products Usage Examples Usage Descriptions (Sales Results) 【millions of yen】 ● Ensuring appropriate air flow measurement within ducts is deemed
Slide 40: Pressure sensor business Segment
Pressure sensor business Segment Gauge Sensor Measurement Die-cast Since 1983, have started the development, manufacturing, and sales of pressure sensors. They convert measurement values into electrical signals, shifting from traditional measurement to control! Pressure Sensor FY 03/2025 Business 0.
Slide 41: Pressure sensor business Segment: Process & New Energy
Pressure sensor business Segment Gauge Sensor Measurement Die-cast ■Introduction to the Pressure Sensor Industry Performance Trends by Industry Industry Main Products Usage Examples Usage Descriptions (Sales Results) 【millions of yen】 Hydrogen is often transported and stored under high pressure, and
Slide 42: Pressure sensor business Segment: Semiconductor and Automotive
Pressure sensor business Segment Gauge Sensor Measurement Die-cast ■Introduction to the Pressure Sensor Industry Performance Trends by Industry Industry Main Products Usage Examples Usage Descriptions (Sales Results) 【millions of yen】 Pressure sensors in semiconductor manufacturing ●Etching 4,113 3,
Slide 43: Measurement & Control Equipment Business Segment
Measurement & Control Equipment Business Segment Gauge Sensor Measurement Die-cast Develop in-house equipment for generating precise pressure and commercialize applied products (including devices). Measurement Main Product & Control Equipment Business Introduction What is a Measurement Main Products
Slide 44: Die-cast Business Segment
Die-cast Business Segment Gauge Sensor Measurement Die-cast Design, development, and sales of aluminum die-cast products from molds. Die-cast Main Product Business Introduction What is a die-cast? Main Products Usage Examples Usage Descriptions Supply products to various fields including automotive-
Slide 45: Cautionary Note
Cautionary Note The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available and on certain assumptions deemed reasonable. Therefore, the Company does not guarantee the achievement of forecasts and other forward-looking state