Tbk Co., Ltd. · TSE:7277
Tbk — Q2 FY2026 Earnings Presentation
25 slides from Tbk's earnings presentation, Dec 15, 2025
Slide 1: Financial Results Briefing, Second Quarter FY Ended March 31, 2026
FINANCIAL RESULTS BRIEFING （ Second Quarter of the Fiscal Years Ended March 31, 2026 ） December 15, 2025 TBK Co., Ltd. （Stock Code：7277） 1
Slide 2: Agenda
Agenda Ⅰ. Financial Results for the Second Quarter of the Fiscal Years Ended March 31, 2026 Ⅱ. Forecast for the Fiscal Year Ended March 31, 2026 Ⅲ. Progress of the 16th Mid-Term Business Plan 【Speakers】 CEO：Kaoru Ogata General Manager of Business Strategy Division： Keisuke Shinozaki 2
Slide 3: Financial Results for the Second Quarter of the Fiscal Year Ended March 31, 2026
Ⅰ. Financial Results for the Second Quarter of the Fiscal Years Ended March 31, 2026 3
Slide 4: Summary of consolidated statements of income
（1） Summary of consolidated statements of income (Unit：100 million yen) （ Reference ） FY2024 1H FY2025 1H Changes FY2023 1H Net Sales 268.0 258.5 ▲9.5 ▲3.5% 277.3 Operating Income 0.6 0.2% 4.7 1.8% 4.1 ー 2.1 0.8% Ordinary Income ▲2.1 ▲0.8% 4.6 1.8% 6.7 ー 3.5 1.3% Net Income ▲12.4 ▲4.6% 2.7 1.1% 15.1
Slide 5: Net sales and operating profit by region
（2） Net sales and operating profit by region (Unit：100 million yen) （Reference） FY2024 1H FY2025 1H Changes FY2023 1H Operating Net Sales Operating Income Net Sales Operating Income Net Sales Income Net Sales Operating Income Japan 136.9 ▲1.5 ▲1.1% 153.5 1.4 0.9% 16.6 2.9 145.4 ▲0.5 ▲0.3% Asia 84.0
Slide 6: Net sales by product
（3） Net sales by product (Unit：100 million yen) （Reference） FY2024 1H FY2025 1H Changes FY2023 1H Asia/China Asia/China Asia/China Asia/China Japan /North Japan /North Japan /North Japan /North America America America America Brakes 65.5 25.4 77.9 23.6 12.4 ▲1.8 73.2 31.7 Pumps 50.8 72.0 54.3 35.8 3
Slide 7: Fluctuation factors in consolidated ordinary profit
（4） Fluctuation factors in consolidated ordinary profit (Unit：100 million yen) ・Implemented profitability measures, primarily focused on the domestic market. ・Impact of higher personnel, maintenance, and quality costs. ・Increase in domestic sales, ・Mainly in Thailand, the ratio of including the impa
Slide 8: Consolidated quarterly net sales and ordinary profit trends
（5）Consolidated quarterly net sales and ordinary profit trends (Unit：100 million yen) Net Sales FY2025 FY2024 FY2023 Operating Profit 8
Slide 9: Summary of consolidated statements of cash flow
（6） Summary of consolidated statements of cash flow (Unit：100 million yen) FY2024 FY2025 Changes 1H 1H Cash flow from operating activities 19 19 0 Cash flow from investing activities ▲11 2 13 Free cash flow 8 21 13 Cash flow from financing activities ▲7 ▲13 ▲6 Cash and cash equivalents 43 49 6 Inves
Slide 10: Summary of consolidated balance sheets
（7） Summary of consolidated balance sheets (Unit：100 million yen) FY2024 FY2025 1H Changes Cash & Deposits ＋8 Inventories ▲3 Current Assets 264.0 268.0 4.0 Non Current Assets 267.2 256.7 ▲10.5 Buildings & Structures ▲6 Machinery , Equipment & Vehicles ▲ 3 Total Assets 531.2 524.7 ▲6.5 Investments in
Slide 11: Trends in total assets/net assets/equity ratio
（8） Trends in total assets/net assets/equity ratio (Unit：100 million yen) 11
Slide 12: Forecast for the Fiscal Year Ended March 31, 2026
Ⅱ. Forecast for the Fiscal Year Ended March 31, 2026 12
Slide 13: Forecast of consolidated financial results for the year ended March 31, 2026
（1）Forecast of consolidated financial results for the year ended March 31, 2026 （Initial forecast remains unchanged） Unit：100 million yen （Reference） FY2025 FY2024 Changes FY2023 (Forecast) Net Sales 544.2 520.0 ▲24.2 ▲4.4% 566.5 Operating Income 9.4 1.7% 11.0 2.1% 1.6 ー 9.0 1.6% Ordinary Income 3.1
Slide 14: Net sales and operating profit by region (forecast)
（2） Net sales and operating profit by region （Initial forecast remains unchanged） Unit：100 million yen （Reference） FY2025 FY2024 Changes FY2023 (Forecast) Operating Net Sales Operating Income Net Sales Operating Income Net Sales Income Net Sales Operating Income Japan 287.0 1.5 0.5% 300.0 2.5 0.8% 1
Slide 15: Progress of the 16th Mid-Term Business Plan
Ⅲ. Progress of the 16 Mid-Term Business Plan th 15
Slide 16: Our Vision for the TBK Group in 2030
Our Vision for the TBK Group in 2030 Driving Dynamic Value Creation in an Era of Change TBK’s mission Corporate “To produce customer-oriented products while contributing to the well-being Commitment of society.” What TBK aims to be Management Vision “The TBK Group will aim to continue to be a corpor
Slide 17: New Mid-Term Business Plan (FY2025-2027) Basic Policies
New Mid-Term Business Plan (FY2025-2027) Basic Policies We Are One TBK Revenue • We will work together as a united group to be an ⚫ Further enhance proprietary technologies organization that is constantly changing, to create Strengthen core technologies and ⚫ Strengthen cost competitiveness corporat
Slide 18: New Mid-Term Business Plan (FY2025-2027) Goals
New Mid-Term Business Plan (FY2025-2027) Goals Financial indicators Non-financial indicators Evaluation ESG Materiality Evaluation indicators FY2027 goals FY2027 goals management indicators -30% ・Total CO2 emissions Operating profit rate 3-5% (compared to FY2013) Environment Contribute to society an
Slide 19: Initiatives in Response to the 16th Medium-Term Management Plan Policy (Part ①)
Initiatives in Response to the 16th Medium-Term Management Plan Policy (Part ①) Exhibited at the Automotive Engineering Exposition At the exhibition, we unveiled a concept of brake products equipped with dust collection devices that contribute to environmental conservation. By reducing weight, we ac
Slide 20: Initiatives in Response to the 16th Medium-Term Management Plan Policy (Part ②)
Initiatives in Response to the 16th Medium-Term Management Plan Policy (Part ②) Introduction of Automation Equipment TBKK (Thailand) Co., Ltd., our Thailand base, has introduced automation equipment to its machining and casting lines, achieving optimized workforce allocation and improved quality. In
Slide 21: Initiatives in Response to the 16th Medium-Term Management Plan Policy (Part ③)
Initiatives in Response to the 16th Medium-Term Management Plan Policy (Part ③) Traceability System TBK India Private Ltd., our India-based branch, has improved its traceability system and strengthened quality control, earning the trust of our customers. Traceability System for the India Plant. DX (
Slide 22: Initiatives: solar panel installation in Thailand and White Logistics
Initiatives in response to the 16th Medium-Term Management Plan and efforts toward Completion of solar panel installation work in Thailand (Phase 3) TBKK (Thailand) Co., Ltd., based in Thailand, completed the Phase 3 installation of a solar power system utilizing a PPA (Power Purchase Agreement) in
Slide 23: Capital and Business Alliance with Brakes India
Capital and Business Alliance with Brakes India • On November 21, 2025, the Board of Directors resolved to enter into a capital and business alliance agreement with Brakes India Private Limited (BIPL) and issue new shares through a third-party allotment to BIPL. Ｘ Objectives of the Alliance ➢ Expand
Slide 24: Capital and Business Alliance with Brakes India: Challenges
Capital and Business Alliance with Brakes India Challenge to become a system supplier BIPL Overview Gaining a position as a system supplier, encompassing electrification and automation products. Proposal of high value-added business Both companies will complement each other’s technological capabilit
Slide 25: Disclaimer
DISCLAIMER ・ The plans, prospects and strategies for the future described in this booklet are provided based on the information currently available and those may have contained risks and uncertainties. ・ Please note that actual results may change largely depending on various important factors. 25