Asante, Inc. · TSE:6073
Asante — H1 FY2026 Earnings Presentation
53 slides from Asante's earnings presentation, Nov 12, 2026
Slide 1: Financial Results for the Second Quarter (Interim Period) Ended September 30, 2026
Financial Results for the Second Quarter (Interim Period) Ended September 30, 2026 November 12, 2026 Asante Incorporated Securities Code 6073
Slide 2: Contents
Contents １ Summary of Financial Results for FY2026 1H ・・・ 2 2 Details of Financial Results for FY2026 1H ・・・ 8 3 Progress on the Medium-Term Management Plan and Future Initiatives ・・・ 17 4 Capital Policy and Shareholder Returns ・・・ 22 Appendix ・・・ 27 1
Slide 3: Summary of Financial Results for FY2026 1H
１ Summary of Financial Results for FY2026 1H 2
Slide 4: Interim Executive Summary
Interim Executive Summary By advancing structural reforms and growth investments, 1H results exceeded forecasts. Progress is being made in establishing the foundations for growth to achieve the Mid-Term Management Plan Net sales decreased YoY due to structural reforms but were 2% above plan Oper
Slide 5: Consolidated Net Sales and Operating Income
Consolidated Net Sales and Operating Income While advancing structural reforms, net sales reached 102.0% of plan, and operating profit reached 175.1% of plan Net Sales （Billion Yen） Operating Income （Billion Yen） YoY Change -0.38 YoY Change (95.1%) -0.17 Variance vs. Plan (77.8%) +0.14 Variance vs.
Slide 6: Operating Days / Net Sales per Operating Day
Operating Days / Net Sales per Operating Day Operating days decreased by 12%, while net sales per operating day rose by 8.2%, exceeding the sales plan （Billion Yen） The impact of structural reform Net Sales per Operating Day 7.93 -0.87 ＋8.2% ＋0.48 7.54 Operating Days Variance vs. ～ ～ -18days（-12%） P
Slide 7: Number of Operating and Technical Staff
Number of Operating and Technical Staff Steady expansion of the talent base through stronger hiring and improved retention Number of Operating Number of Operating Number of Technical and Technical Staff （full-time） Staff （full-time） Employees (full-time) 360 350 350 at End of 1H 220 230 185 580
Slide 8: Applications for Inspection
Applications for Inspection Applications for inspection rose 12%, and CPA* improved by 23%, boosting both the volume and efficiency of acquiring applications Web Newspaper TV CM Advertising Inserts Applications for inspection, 1H 8,400 ●● YoY Cost per Application (CPA) +900 FY2025 1H 62,000Yen YoY
Slide 9: Details of Financial Results for FY2026 1H
2 Details of Financial Results for FY2026 1H 88
Slide 10: Financial Results
Financial Results Driven by sales exceeding plan and improved marketing efficiency, results exceeded plan at every profit level （Billion Yen） Forecast FY2026 1H YoY (Announced on May 12, 2026) Composition Change in Achievement Results Ratio Change Ratio Change Ratio Net sales 7.54 - -0.38 -4.9% 0.14
Slide 11: Net Sales by Service
Net Sales by Service （Billion Yen） FY2026 1H YoY Composition Results Ratio Change Change in Ratio Net sales 7.54 - -0.38 -4.9% Termite control 3.67 48.7% -0.02 -0.7% Anti-humidity measures 1.50 20.0% -0.20 -11.7% Anti-earthquake measures 1.26 16.8% -0.34 -21.3% Others 1.10 14.6% 0.18 19.8% of which
Slide 12: Number of Employees, Sales per Employee
Number of Employees, Sales per Employee Headcount steadily increased; The addition of technical staff strengthened the construction capabilities Adding sales staff and accelerating their onboarding to drive future revenue growth YoY FY2026 1H Results Change in Change Ratio Average number of employee
Slide 13: Analysis of Increase / Decrease in Operating Income
Analysis of Increase / Decrease in Operating Income Profits fell due to a decline in sales resulting from structural reforms and an increase in labor costs caused by a rise in the number of technical staff. However, improved marketing efficiency and expense control boosted profits, partially narrowi
Slide 14: Profit and Loss, Cost of Sales and SG&A Expenses
Profit and Loss, Cost of Sales and SG&A Expenses （Billion Yen） YoY FY2026 1H Change Change in Ratio Net sales 7.54 -0.38 -4.9% Cost of sales 2.35 0.00 0.2% Material costs 0.93 -0.06 -6.9% Labor costs 0.78 0.06 8.6% Other cost of sales 0.63 0.01 1.7% Gross profit 5.19 -0.39 -7.0% SG&A expenses 4.55 -
Slide 15: Revision of the Full-year Forecasts
Revision of the Full-year Forecasts Following the outperformance of plans in the 1H, the operating profit forecast has been revised upwards from 0.2 to 0.45 billion yen Growth investments will continue in the 2H Forecast for the Full Year Key Points of the Revised Forecast (Announced on Nov. 5, 2026
Slide 16: Balance Sheet
Balance Sheet （Billion Yen) End of End of YoY Main Factors for Changes FY2025 FY2026 1H Change Current Assets 9.22 9.41 0.19 Cash and deposits 1.9 Non-current Assets 4.74 4.71 -0.03 Deferred assets 0.00 0.00 -0.00 Total Assets 13.97 14.13 0.16 Current Liabilities 1.95 2.02 0.06 Accrued income taxes
Slide 17: Cash Flow Statement
Cash Flow Statement （Billion Yen） FY2025 FY2026 Main Factors 1H 1H Cash Flows from Net income before income taxes 0.64 Operating Activities 0.40 0.49 Payments of income taxes -0.13 Cash Flows from Investing Activities -0.06 -0.05 Free Cash Flows 0.33 0.43 Cash Flows from Financing Activities -0.23 -
Slide 18: Progress on the Mid-Term Management Plan and Future Initiatives
3 Progress on the Mid-Term Management Plan and Future Initiatives 17
Slide 19: Medium-term Management Plan
Medium-term Management Plan Progress in building the growth foundation across customer touchpoints, talent, and productivity is steadily advancing the shift to a growth trajectory from FY2027 A 3-year period to rebuild the growth foundation through structural reforms and growth investments Structura
Slide 20: Five Priority Strategies
Five Priority Strategies 1 Reinforcement of Sales Promotion Basis and Structure 2 Enhancing Productivity 3 Expansion of Services from the Customer's Perspective 4 Development and Utilization of Human Capital 5 Contributing to Solving Social Issues through Our Business Activities 19
Slide 21: Key Initiatives in 2H and Beyond
Key Initiatives in 2H and Beyond Strengthening Marketing Expanding Business Partners Accelerate awareness and applications for Expand partnerships with companies and termite control and PCO services through organizations across a wide range of industries combined digital and offline advertising to s
Slide 22: Key Initiatives in 2H and Beyond
Key Initiatives in 2H and Beyond Expanding Sales of Other Initiatives Highly Heat Insulate Construction Promoting sales of underfloor, ceiling, and window Expanding the Use of Development of a Data insulation, capturing rising interest in high-performance Digital Maps Utilization Infrastructure hous
Slide 23: Capital Policy and Shareholder Returns
4 Capital Policy and Shareholder Returns 22
Slide 24: Initiatives to Enhance Corporate Value
Initiatives to Enhance Corporate Value Achieve enhanced corporate value over the medium to long term through improved profitability, a solid financial base, and stable shareholder returns Capital Medium- to Confidence Profitability Improvement Profitability from the Stable Shareholder Returns Improv
Slide 25: Current View & Action Policy of Cost of Capital
Current View & Action Policy of Cost of Capital Enhancing corporate value and aiming for ROE of 10% or more in the medium to long term Current View FY2021 FY2022 FY2023 FY2024 FY2025 Cost of Equity Estimated at around 4-5% (Based on CAPM) ROE 5.0% 7.5% 4.6% 6.4% 2.8% PBR (Times) 1.4 1.5 1.6 1.6 1.6
Slide 26: Dividend Forecast
Dividend Forecast Unchanged dividends in accordance with the basic dividend policy of “maintaining stable dividends” FY2026 Dividend Forecast 62 yen per share for the full year （31 yen for Interim dividend and 31 yen for year-end） Year-end dividend paid per share （Unit：Yen） Payout ratio 62 62 62 62
Slide 27: Shareholder Benefits
Shareholder Benefits Introducing additional benefits for the services deepens understanding of the business, while a continued-holding requirement encourages long-term shareholding. Holding Period Promote business understanding and brand Enhancement of Benefits awareness through the use of our servi
Slide 28: Appendix
Appendix 27
Slide 29: Corporate Philosophy・Vision
Overview Corporate Philosophy・Vision P ro te c ti n g P e o pl e , H o u s e s a n d F o re s ts Corporate by F o s te ri n g o u r o w n P e o pl e a n d T e c h n o l og y Philosophy We provide safety, security, and comfort to our customers through termite control and measures against earthquakes
Slide 30: Overview
Overview Overview Name Asante Incorporated Number of 1,013 (Consolidated) (End of FY2025) Employees Trading TSE Prime Market (Securities Code 6073) Net Sales 14.3 billion yen(Consolidated) （FY2025） Market • Heartful Home Co., Ltd. 33-15, Shinjuku 1-Chome, Shinjuku-ku, Head Office Group (Consolidated
Slide 31: 82 locations in 29 prefectures
Overview Marketing Area 82 locations in 29 prefectures C o v e r i n g a p p r o x i m a t e l y 70% o f 1 detached wooden houses in Japan Heartful Home Co., Ltd. Outside the Inside the Marketing Area Marketing Area Niigata Branch Approx. 7 million Approx. 19 million Nagano Branch wooden houses wood
Slide 32: Company History
Overview Company History 1970 1979 1990 1996 2010 2014 2022 St ar t ed business Est ablishe d Listed on Tokyo Entered into Started CS Introduced Listed on Tokyo as Sanyo cooperation Mikkabi agreement with (Customer bedbug detection Stock Exchange Stock Exchange Sanit at ion in C om pr ehensive Fujie
Slide 33: Business Contents
Overview Business Contents Termite Prevention and extermination 1 o f termites Control Anti-humidity P r e v e n t i o n o f rot, mold and 2 Measures termites Anti- R e p a i r o f t h e ba s i c c o n c re te 3 earthquake R e i n f o r c e m e n t f o r t h e w o o d j u n c ti o n Measures Maintai
Slide 34: Sustainability Initiatives
Sustainability Sustainability Initiatives Basic policy Based on our Corporate Philosophy of “Protecting People, Houses and Forests by Fostering our own People and Technology“ we are committed to addressing various social challenges through our business activities and contributing to the realization
Slide 35: Market Trends
Industry Market Trends Growth Potential and Opportunities for Market Share Expansion in the Termite Control Industry Number of TC industry workers Sales of termite control Industry-leading firm (Termite control & Anti-humidity measures) Approx. 3,000 companies industry- Industry-wide sales of TC
Slide 36: Supportive Housing Policies and a Large Stock of Residential Properties
Industry Supportive Housing Policies and a Large Stock of Residential Properties Trends in the Number of Wooden Housing Policies Houses (Nationwide) Promotion of extending the life of existing houses and （1,000 units） formation of high-quality housing stock based on the Housing Life Master Plan 26,3
Slide 37: Number of New Housing Starts and Intentions Regarding Wooden Houses
Industry Number of New Housing Starts and Intentions Regarding Wooden Houses Stable number of new housing starts and strong preference for wooden detached houses Changes in ratio of wooden house Intentions regarding wooden houses for the number of new housing starts Ratio of wooden houses to Q What
Slide 38: Business Model
Business Model Business Model Strong Contact with Customers and Direct Selling to Meet customer Needs Uncovering latent demand through face-to-face sales, Identification of customer needs for after-sales maintenance Staff engaging in new sales Head office Technical staff Confirmation of contract Doo
Slide 39: Well-established Basis of Operation
Business Model Well-established Basis of Operation Sales Channels through Wide-ranging alliance with JA Corporate/Organization partners Service for Cooperative Platformservice members Welfare Welfare organizations of organizations of the government and public Contractor private companies offices Hom
Slide 40: Management Resources Possessed by the Group
Business Model Management Resources Possessed by the Group 7 internal management resources Strength to be further developed and utilized Well-established Basis of Operation / Direct Contact with Customers After-sales Service System through Direct Selling High-quality Services and Superiority of Indu
Slide 41: Education system mainly through the training centers
Education Education system mainly through the training centers Achieving high quality construction level and sufficient training system Comprehensive Training Center Data on Human Resources Education 〈FY2025〉 Mikkabi Comprehensive Training Center (Shizuoka) • Number of instructors at the training
Slide 42: Thorough Compliance System
Compliance Thorough Compliance System The Compliance Headquarters oversees the entire company from a cross-sectional perspective Company Structure Auditing ✚ • Formulated its own "Asante Compliance Program“ by the Improving • Establishment of Internal Reporting Desk Board of customer Commitment to C
Slide 43: Distribution of Termites
Termites Distribution of Termites Distribution of termites Habitat Japanese subterranean termite Area Discovery Western dry-wood termite Site Formosan subterranean termite/ Region of Japanese subterranean termite Coexistence Reference: The Japan Termite Control Association, “Fundamental Knowledge on
Slide 44: Types of Termites
Termites Types of Termites Major termite species that damage houses in Japan Japanese subterranean termite Formosan subterranean termite Western dry-wood termite （ invasive species） Worker Soldier Worker Soldier Worker Grainy Droppings The most common termite species in Japan, Found along the wa
Slide 45: Swarm
Termites Swarm What is a swarm? • Termites, after maturing, become winged and swarm from their nests for reproduction on humid days following rain from April to June. • Many people realize they have a termite infestation when they see large numbers of winged termites, leading to frequent inquiries.
Slide 46: Risk of Termites damage
Termites Risk of Termites damage Statistical Survey from Statistical Survey on Termite Damage the Great Hanshin-Awaji Earthquake Approximately 1 in 3 houses is • Over 90% of houses with termite damage or decay were completely destroyed. affected by termite damage. • Approximately 4 times higher than
Slide 47: Public Relations and Sponsorship
Public Relations Public Relations and Sponsor-ship Termite Warning Sponsorship TV CM • Announcing during the • Signed a sponsorship deal • Broadcast every year from April to June, swarming season. with Kawasaki Frontale. mainly in the marketing area. • First-Time Initiative in • Exterminate pests in
Slide 48: Detection Dog Team “Kunkuns”
Public Relations Detection Dog Team “Kunkuns” Termite detection dogs Training Scene They “smell” to find termite. So, Sara Alice non-destructive investigation is possible. Active in the survey of houses and cultural properties. Lots of termite detection dogs are working abroad. Bedbug detectio
Slide 49: Detection Dog Team “Kunkuns”
Public Relations Detection Dog Team “Kunkuns” Main Activities What is a bedbug ? Inspection Participation in events Bedbugs are blood-sucking insects. Adults are about 5–8 mm in length, and nymphs are around 1–2 mm. During the day, they hide in gaps in bedding, electronics, and other narrow spac
Slide 50: Wood Culture Inheritance Project
Public Relations Wood Culture Inheritance Project Preserve historic wooden Preserve the culture of buildings enjoying the four seasons Building on over 50 years of expertise, we help preserve shrines, temples, cultural properties, and famous cherry blossom sites—regional treasures and key tourism as
Slide 51: Wood Culture Inheritance Project
Public Relations Wood Culture Inheritance Project Preservation of shrines, temples, and wooden cultural properties through termite control and rodent and other pest management Protection of famous cherry blossom sites by eradicating the red-necked longhorn beetle, which damages cherry trees Shin
Slide 52: Naming Rights
Public Relations Naming Rights ASANTE Sakitama Kofun ASANTE SPORTS PARK Sakura Park From April 2025, the nickname of Kanagawa Prefectural From October 2026, the nickname of Sakitama Kofun Park in Sports Center in Fujisawa City, Kanagawa, has been Gyoda City, Saitama, has been changed to "ASANTE
Slide 53: Notes on Future Forecasts
Protecting People, Houses and Forests by Fostering our own People and Technology Notes on Future Forecasts This document is only to provide information to investors, and is not for the purpose of soliciting purchases or sales. References to future forecasts in this document are based on goals and pr