Slide 1: FY Ending Nov. 2025 Full-Year Consolidated Financial Results Briefing & Medium-Term Management Plan
ＴＭＨ Inc. FY Ending Nov. 2025 Full-Year Consolidated Financial Results Briefing & Medium-Term Management Plan Tokyo Stock Exchange Growth Market / Fukuoka Stock Exchange Q-Board: 280A Prepared on January 14, 2026 Note : This document has been translated from the Japanese original for reference purpos
Slide 2: To Our Shareholders
To Our Shareholders Mr. Taisuke Enami, President & CEO The semiconductor market is experiencing remarkable growth, driven by technological innovations such as advancements in AI, quantum computing, and the Internet of Things (IoT). The market size is projected to reach one trillion dollars by 2030,
Slide 3: Agenda
AGENDA 01 Executive Summary ・FY Ending Nov. 2025 Highlights ・Medium-Term Management Plan Summary 02 Business Overview 03 Market Environment 04 Competitive Advantages 05 Growth Strategy 06 Risks and Mitigation Measures Appendix 3 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 4: FY2025 Consolidated Financial Highlights
FY2025 Consolidated Financial Highlights Revenue and profit were in line with the plan, measured against the upper end of the guidance range. Net sales increased 43% year on year. Owing to a substantial increase in equipment sales, performance exceeded the high-end scenario of our plan.Net sales inc
Slide 5: Key Business Updates: Korea subsidiary and distributorship
Key Business Updates for the Fiscal Year Strengthening Global Sourcing Capabilities and Technical Expertise. ①Korea subsidiary: business expansion ②Secured distributorship rights for a major Summary Korean equipment manufacturer. Summary ◼ Established First Subsidiary in Pyeongtaek, ◼ We have entere
Slide 6: Key Business Updates: Expansion of LAYLA platform
Key Business Updates for the Fiscal Year Expansion of the LAYLA platform’s scope ③Growth of the LAYLA platform Expansion of People & Information Platform Capabilities Summary We will enhance the LAYLA platform to deliver greater added value. ◼ LAYLA-HR（December 2024） • A semiconductor-industry-focus
Slide 7: Key Management Indicators
Key Management Indicators (Consolidated basis from FY2025) By achieving both rapid growth and profitability, we have established a solid foundation to move into the next phase of step-change growth. Achieved net profit for the third consecutive fiscal year. Operating profit increased for the second
Slide 8: Business KPIs
Business KPIs As revenue expanded, revenue-related metrics improved significantly. While order backlog decreased year on year, multiple tender projects are scheduled with a view to FY2026 and beyond.We expect to further build up projects contributing to current-year results and drive continued growt
Slide 9: Full-Year Consolidated Results Summary vs. Prior Year and Forecast
FY Ending Nov. 2025 Full-Year Consolidated Results Summary: vs. Prior Year Actual / Initial Forecast Net sales grew 43.4% YoY in FY2025, reflecting rapid expansion. Operating profit also exceeded the prior year, supporting continued steady growth. Both net sales and profits increased significantly,
Slide 10: Profit Structure and Variance Analysis
Profit Structure and Variance Analysis Despite a lower gross margin, top-line growth initiatives drove share gains and delivered a 10% YoY increase in operating profit. Net sales and cost of sales are weighted toward the equipment sales business, while SG&A mainly consists of personnel expenses and
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Advances received are expected to be recognized as revenue in the future; therefore, the adjusted equity ratio improved compared with the prior year. (Unit: Million yen) Assets Liabilities and Net Assets Cash and deposits: In FY2024, increased due to advances Advances Rece
Slide 12: Agenda
AGENDA 01 Executive Summary ・FY Ending Nov. 2025 Highlights ・Medium-Term Management Plan Summary 02 Business Overview 03 Market Environment 04 Competitive Advantages 05 Growth Strategy 06 Risks and Mitigation Measures Appendix 12 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 13: Our Vision for the Future Semiconductor Manufacturing Supply Chain
Our Vision for the Future Semiconductor Manufacturing Supply Chain A shift toward a model that prioritizes a highly efficient supply chain built on a “circular” business premise. ◼ In a society with increasing uncertainty—such as resource depletion and geopolitical conflicts and fragmentation—circul
Slide 14: Mid- to Long-Term Target: Vision 1000
Mid- to Long-Term Target: Vision 1000 We aim to grow into a company with net sales of approximately JPY 100 billion over the mid to long term. TMH will evolve from providing equipment lifecycle support focused on after-sales service into a “Semiconductor Manufacturing Integrator” that delivers end-t
Slide 15: Vision 1000 Roadmap
Vision 1000 Roadmap From an after-sales service company to a “Semiconductor Manufacturing Integrator” — the roadmap to JPY 100 billion in net sales. We will accelerate organic growth while pursuing initiatives for inorganic growth to achieve Vision 1000. ~FY ended Nov. 2025 FY ended Nov. 2026~2028 F
Slide 16: Mid- to Long-Term Growth Outlook (Net Sales)
Mid- to Long-Term Growth Outlook (Net Sales) Expand our portfolio through the agency business and M&A, and aim to grow net sales to JPY 100 billion over the mid to long term. ◼ Over the mid to long term, we will add the agency business and whitespace M&A as growth drivers to accelerate further growt
Slide 17: Mid- to Long-Term Growth Outlook (Operating Profit)
Mid- to Long-Term Growth Outlook (Operating Profit) Through growth in high-margin businesses and an evolution of our earnings structure, we aim to achieve operating profit of JPY 15.0bn. ◼ We will add the equipment agency business and whitespace M&A as growth drivers to accelerate further growth. ◼
Slide 18: FY2026 Plan and Mid-Term Plan
FY2026 Plan and Mid-Term Plan We will secure profit growth in FY2026 and aim for a step-change expansion to operating profit of over JPY 1.7bn by FY2028. ◼ Due to uncertainties in equipment sales services, we expect revenue to decline in FY2026; however, we forecast higher profit driven by high-marg
Slide 19: Business Policy for FY2026: SEIZE THE FUTURE '26
Business Policy for FY2026 Execute in parallel: harvest through share gains and sow for new businesses—capturing the market and creating the future at the same time. SEIZE THE FUTURE ‘26 With “SEIZE THE FUTURE” as our FY2026 theme, we will pursue both share gains and new businesses—capturing near-te
Slide 20: Positioning of FY2026 from a Mid- to Long-Term Perspective
Positioning of FY2026 from a Mid- to Long-Term Perspective FY2026 is a“run-up period toward the next growth stage.” While responding to short-term market fluctuations, we will make strategic investments with a view to mid- to long-term expansion. medium to long FY2026 term Equipment sales business c
Slide 21: Agenda
AGENDA 01 Executive Summary ・FY Ending Nov. 2025 Highlights ・Medium-Term Management Plan Summary 02 Business Overview 03 Market Environment 04 Competitive Advantages 05 Growth Strategy 06 Risks and Mitigation Measures Appendix 21 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 22: Our Philosophy
Our Philosophy MISSION Create a prosperous society through advanced technologies. TMH is derived from the initials of “Technology Makes Happiness.” VISION Continuously deliver the highest value. Document Tracker 22 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 23: Corporate Profile
Corporate Profile Company Name TMH Inc. Network: 5 sites in Japan President & CEO Taisuke Enami and South Korea 3-14-6 Shimogorikita, Oita City, Oita Head Office TMH KOREA Inc. Prefecture, Japan Established March 9, 2012 N u m b e r o f 45 (as of the end of November 2025) E m p l o y e e s Tohoku Sa
Slide 24: Management Team
Management Team Our management team consists of experts in semiconductors and supply chains, formed to address the shortage of specialists in semiconductor manufacturing equipment. 榎並大輔 Taisuke Enami 香月賢一 Kenichi Katsuki President & CEO COO After graduating from Waseda University, he joined Toshiba
Slide 25: History
History LAYLA platform has continued to grow since its establishment due to expansion of equipment sales business. 2025 SEMICON.TODAY release Established TMH KOREA Inc., the group's first local subsidiary in South Korea. 2024 Listed on Tokyo Stock Exchange Growth Market/Fukuoka Stock Exchange Q-Boar
Slide 26: Company Introduction
Company Introduction A leading company providing diverse support for the operation of semiconductor fabs within the semiconductor industry. A leading company dedicated to solving the diverse social challenges confronting the semiconductor industry. Business area Value Provided Features Extension of
Slide 27: Why Our Company Is Needed
Why Our Company Is Needed Aging semiconductor fabs are burdened with a wide range of supply chain issues. Procurement Challenges ◼ Many semiconductor factories in Japan are facing aging and obsolescence issues, with a high dependency on legacy manufacturing equipment. This has made it increasingly d
Slide 28: Business Overview – Semiconductor Manufacturing Field Solutions
Business Overview – Semiconductor Manufacturing Field Solutions - We provide total solutions to support the stable operation of semiconductor manufacturing facilities. Providing Total Solution Services for Semiconductor Manufacturing Facilities １ Provision of Parts Sales and Repair Services via Cros
Slide 29: Business Flow
Business Flow By integrating the EC platform with engineering, we support the sustainable operation of semiconductor fabs. ◼ Collaborating with engineering companies and suppliers worldwide, we provide a broad range of solutions to address customer challenges, including parts repair and sales, yield
Slide 30: Customers
Customers Leveraging strong sourcing capabilities via our cross-border e-commerce site, we are expanding direct transactions with domestic semiconductor manufacturers. ◼ We have opened direct trading accounts with nearly all semiconductor manufacturers in Japan. ◼ Among our customers, semiconductor
Slide 31: The Value Provided by LAYLA
The Value Provided by LAYLA A Platform That Visualizes Global Real-Time Inventory ◼ We provide a platform that enables visibility into actual inventory—something that was difficult to achieve with conventional procurement methods—streamlining the procurement of semiconductor manufacturing equipment.
Slide 32: Business Flow: Equipment Buying and Selling Process
Business flow: Equipment buying and selling process Our company has the disassembly work know-how that is a prerequisite for equipment buying and selling, which accelerates sales. ◼ In-house the disassembly process, which is the most important step in equipment sales. Achieving fast and reliable tra
Slide 33: Agenda
AGENDA 01 Executive Summary ・FY Ending Nov. 2025 Highlights ・Medium-Term Management Plan Summary 02 Business Overview 03 Market Environment 04 Competitive Advantages 05 Growth Strategy 06 Risks and Mitigation Measures Appendix 33 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 34: Global Semiconductor Market Size
Global semiconductor market size Further increase in market potential exceeding the 150 trillion yen forecast will support our growth strategy. ◼ The global semiconductor market is driven by investments related to AI demand,Expected to rapidly expand to 150 trillion yen ($1 trillion) by 2029 .In the
Slide 35: Strong Demand for Legacy Semiconductors
Strong demand for legacy semiconductors Due to the shortage of semiconductors, the production capacity of 200mm factories will rapidly grow, and legacy semiconductors are the mainstay of even cutting-edge companies. Number of 200mm wafer fabs and production capacity TSMC's sales composition by proce
Slide 36: Importance of Old Semiconductor Manufacturing Equipment
Importance of old semiconductor manufacturing equipment in the global market Demand is high not only for "cutting-edge equipment" but also for "old equipment" that can be adapted to a variety of uses. ◼ While investment in cutting-edge factories is active, demand for older semiconductors remains hig
Slide 37: Target Market
Target Market Expand the target to the 20 trillion yen "entire equipment market" through agency business and M&A. ◼ The target markets for the existing business are the used semiconductor equipment market and the parts and repair service market within the semiconductor market. ◼ With the start of se
Slide 38: Labor Shortage in the Semiconductor Industry
Current situation of domestic semiconductor factories Labor shortage in the semiconductor industry The semiconductor industry is experiencing a serious labor shortage. ◼ Although the number of human resources in semiconductor-related industries is on the rise,There is already a shortage of human res
Slide 39: Agenda
AGENDA 01 Executive Summary ・FY Ending Nov. 2025 Highlights ・Medium-Term Management Plan Summary 02 Business Overview 03 Market Environment 04 Competitive Advantages 05 Growth Strategy 06 Risks and Mitigation Measures Appendix 39 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 40: Our Value Sources
Our value sources Achieve value creation through manufacturing support based on ① platform capabilities and ② engineering capabilities. Traditional supply chain challenges Value provided by TMH platform power Cross-border EC: Securing procurement Shortage of parts for aging equipment ◼ Equipment/par
Slide 41: Manufacturing Support through Accumulation of Technical and Knowledge Expertise
Accumulation of Technical and Knowledge Expertise By addressing the diverse challenges faced by semiconductor fabs, we have become an indispensable partner for our customers. ◼ By engaging with a wide range of projects through solving challenges faced by semiconductor fabs, we continuously enhance o
Slide 42: Platform Power: LAYLA
Platform power LAYLA will become an indispensable platform for the semiconductor industry ◼ LAYLA-EC continues to expand globally as a platform that solves parts procurement, etc., which has become a serious issue for semiconductor factories. ◼ In Japan, semiconductor factories Over 50% have install
Slide 43: Engineering Power
Engineering power A team of experts recognized globally ◼ We have a large staff of professionals in the semiconductor field. Additionally, the company has members who are proficient in the languages of major countries in the semiconductor field and are familiar with local business customs. ◼ Demonst
Slide 44: Positioning Map
Positioning Map Establishing a unique positioning and creating a market as a niche top player. Positioning of Competitors and Our Company Barriers to Entry Platform (Information Capability) 01 vs Leasing Company、Trading Company • Information strength leveraging digital services based on the platform
Slide 45: Agenda
AGENDA 01 Executive Summary ・FY Ending Nov. 2025 Highlights ・Medium-Term Management Plan Summary 02 Business Overview 03 Market Environment 04 Competitive Advantages 05 Growth Strategy 06 Risks and Mitigation Measures Appendix 45 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 46: Vision 1000 Roadmap
Vision 1000 Roadmap From an after-sales service company to a “Semiconductor Manufacturing Integrator” — the roadmap to JPY 100 billion in net sales We will accelerate organic growth while pursuing initiatives for inorganic growth to achieve Vision 1000. ~FY ended Nov. 2025 FY ended Nov. 2026~2028 FY
Slide 47: Equipment Agency Business
① Establishment of a highly profitable business cycle through equipment agency business engineer capabilities Leveraging our engineering capabilities, we started an agency business for major semiconductor equipment manufacturers. Taking advantage of our strengths, Aim for growth through high profits
Slide 48: White Space M&A: Execution Process and Capabilities
② White space M&A M&A execution process and capabilities Establish in-house specialized team and actively promote M&A implementation ◼ We have secured M&A capabilities and have prepared specialized teams for each M&A process. M&A execution process and established in-house capabilities common guideli
Slide 49: White Space M&A: Candidate Sourcing and Filtering
② White space M&A M&A candidate sourcing/filtering system Utilize expertise to advance M&A to an advantage ◼ At TMH, we have built a system that enables us to carry out M&A in-house from the stage of narrowing down candidates, and proactively and advantageously execute M&A from sourcing to pre-deal
Slide 50: White Space M&A: Strategy Positioning and Policy
② White space M&A M&A strategy positioning and policy Focus on developing white space and maximize synergies with existing businesses ◼ Increase the speed of “white space” development through M&A,Evolving into a “semiconductor manufacturing integrator” for semiconductor factoriesdo ◼ We have already
Slide 51: Platform Expansion: TMH's Growth and Strategy
③ Platform expansion: TMH's growth and strategy In addition to LAYLA-EC's "things," expand the platform centered on people and information to support the growth of the semiconductor industry. The future of the platform Platformization of “people,” “things,” and “information” in semiconductor manufac
Slide 52: Platform Expansion: Growth Potential
③ Platform expansion: Growth potential In addition to expanding the stable revenue base, we anticipate development into a new revenue portfolio and synergies with existing businesses. ②LAYLA-HR “People” ①LAYLA-EC “Things” ③SEMICON.TODAY “Information” Multi-layered growth engine, moving Expansion of
Slide 53: Accelerate Global Expansion: Overseas Potential
④ Accelerate global expansion Expand business sales channels ~Medium- to long-term plan Overseas expansion~Use the know-how of total solutions for equipment life extension to expand overseas and expand sales. Expanding the know-how cultivated through domestic total solutions overseas Aiming for brea
Slide 54: Accelerate Global Expansion: Progress of Overseas Expansion
④ Accelerate global expansion Expansion of business sales channels ~Mid- to long-term plan Progress of overseas expansion ~Make overseas expansion centered on South Korea, India, and China the growth driver and solidify the business as a pillar. Korea set as first overseas subsidiary base India Mark
Slide 55: Promoting New Businesses: Engineering Expansion and Extending the Platform
Promoting new businesses ~ Our vision for growth ~ Continuing to invest in growth as a company that continues to innovate and solve problems related to semiconductor manufacturing. Engineering expansion Extending the platform Semiconduct Failure or human predictive resources PF diagnosis Equipment/p
Slide 56: Measures to Achieve Medium-Term Margin Targets
Measures to achieve medium-term margin targets Aim for sales (total amount of merchandise) of over 18 billion yen and operating income of over 1.7 billion yen by expanding markets and services. Sales (gross amount in circulation)Over 18 billion yen Operating profitOver 1.7 billion yen Aim 2028 A Str
Slide 57: Agenda
AGENDA 01 Executive Summary ・FY Ending Nov. 2025 Highlights ・Medium-Term Management Plan Summary 02 Business Overview 03 Market Environment 04 Competitive Advantages 05 Growth Strategy 06 Risks and Mitigation Measures Appendix 57 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 58: Business Risks and Countermeasures
Business risks and countermeasures item Overview of business risks, etc. possibility degree of influence Manifestati on period Countermeasures About the Semiconductors are used in a variety of products, and Medium Medium Short- We have established a system in which the Risk macroeconomic demand fluc
Slide 59: Disclaimer
Disclaimer Disclaimer This material also refers to future prospects based on current plans, estimates, projections, or forecasts regarding industry trends and business content of our company. These forward-looking statements involve various risks and uncertainties. Known and as yet unknown risks, un
Slide 60: Regarding the Handling of This Material
Regarding the handling of this material This material was prepared by our company solely for the purpose of providing corporate information, etc. of TMH Co., Ltd. (hereinafter referred to as "our company"), and is not intended to solicit investment in our securities. The information contained in thi
Slide 61: Appendix
Appendix 61 ©2025 TMH Inc. All Rights Reserved. Confidential
Slide 62: Assumptions for FY2026 Performance Forecast
Assumptions for FY2026 performance forecast (Unit: Million yen) Earnings forecast premise amount Sales 6,112 -Equipment 4,104 • Equipment sales services are estimated based on the current backlog of Sales orders and sales plans. -Parts Sales & 2,008 • Parts sales and repair services are estimated ba