Slide 1: Financial Results Highlights FY12/2025 Q2
Financial Results Highlights FY12/2025 Q2 Aug 7, 2025 Roland Corporation 『BOSS Effects Pedals』 Plug-in software
Slide 2: Executive Summary
Executive Summary ⚫ H1 Sales and Profit decreased YoY (but excluding FX impact, both Sales and Profit increased, and in line with internal plans) ⚫ While tariff impact will fully kick in going forward, we do not anticipate any material impact on our operations or financial performance ⚫ ”Offense" an
Slide 3: Agenda
1 FY12/2025 Q2 Results 2 Impact of U.S. Tariff Policy（Update） 3 FY12/2025 Forecast 4 Supplemental Information
Slide 4: FY12/2025 Q2 Results
1 FY12/2025 Q2 Results 2 Impact of U.S. Tariff Policy（Update） 3 FY12/2025 Forecast 4 Supplemental Information
Slide 5: Q2 Financial Results Highlights
FY12/2025 Q2 Financial Results Highlights Sales • Excluding FX impact, YoY+0.9% • Generally, in line with internal plans 45.8bn • To date, we have not observed reduction in demand attributable to (YoY ： -1.9%) current tariff policies Operating Profit • Excluding FX impact, YoY +7.1% 3.8bn • Generall
Slide 6: Consolidated Financial Results
FY12/2025 Q2 Financial Results Consolidated Financial Results ⚫ Excluding FX impact, profit margin improved FY12/2024 First Half1 FY12/2025 First Half2 (JPY mn) Actual % of Sales Actual % of Sales YoY Sales 46,705 100.0% 45,806 100.0% -1.9% wo/Fx Gross Profit 20,183 43.2% 19,756 43.1% 44.4% -2.1% SG
Slide 7: Sales by Category
FY12/2025 Q2 Financial Results Sales by Category ⚫ Keyboards, Creation-related, Video & Pro Audio continued to show solid performance ⚫ In Perc. & Wind instruments, electronic drums, which account for 2/3 of sales, performed solid, but shortages occurred in acoustic drums. Shortage of acoustic drums
Slide 8: Sales by Region
FY12/2025 Q2 Financial Results Sales by Region ⚫ In the US, price increases have already been executed, and we are fine-tuning pricing in real time to reflect sell-through trends ⚫ In Europe, intensified competition among dealers has resulted in several dealer insolvencies, and we expect this disrup
Slide 9: Consolidated Operating Profit
FY12/2025 Q2 Financial Results Consolidated Operating Profit Changes (vs Previous year) Factors (vs Previous year) Sales Volume change (JPY bn) Selling Price / Cost ratio change SG&A change FX impact • Sales Volume Cost increase due to tariffs ✓ Although performance varied across regions and product
Slide 10: Topics: Major new products and services announced in the 2nd quarter
FY12/2025 Q2 Financial Results Topics: Major new products and services announced in the 2nd quarter Creation-related equipment & services Roland Cloud 『BOSS Effects Pedals』 ⚫ Our iconic BOSS compact pedals - more than 140 models and over 19 million units shipped since their 1977 debut - have now bee
Slide 11: Topics: Major new products and services announced in the 2nd quarter
FY12/2025 Q2 Financial Results Topics: Major new products and services announced in the 2nd quarter Percussion & Wind Instruments Others Electronic Hand Percussion Obtained SBT certification for greenhouse gas reduction targets 『 Mood Pan 』 Recognized by the international environmental organization
Slide 12: Impact of U.S. Tariff Policy (Update)
1 FY12/2025 Q2 Results 2 Impact of U.S. Tariff Policy（Update） 3 FY12/2025 Forecast 4 Supplemental Information
Slide 13: Our Perceptions of U.S. Tariff Policy
Impact of U.S. Tariff Policy（Update） Our Perceptions of U.S. Tariff Policy ⚫ The US is the world's largest market for musical instruments. Many imports and sales come from East and Southeast Asia. ⚫ Additional tariffs in the region have exceeded expectations; passing these costs on through price inc
Slide 14: Scope of Direct Impact of U.S. Additional Tariff Policies on Roland
Impact of U.S. Tariff Policy（Update） Scope of Direct Impact of U.S. Additional Tariff Policies on Roland（Update） Production locations and additional tariffs for products sold in the US （Announced on 8/1,2025） US sales of total sales: US Sales Additional ~30%1 Production Main Imported Items ratio1 Ta
Slide 15: Main actions regarding U.S. tariff policy
Impact of U.S. Tariff Policy（Update） Main actions regarding U.S. tariff policy ⚫ We assume that U.S. tariff policy will remain in place into the next fiscal year and beyond ⚫ For now, we will continue both “offense” and “defense” initiatives centered on the following four priorities Action Progress
Slide 16: FY12/2025 Forecast
1 FY12/2025 Q2 Results 2 Impact of U.S. Tariff Policy（Update） 3 FY12/2025 Forecast 4 Supplemental Information
Slide 17: Full-year earnings forecast
FY12/2025 Forecast Full-year earnings forecast ⚫ The additional tariff rate has worsened relative to our previous assumptions. ⚫ However, we believe we can still land within our forecast range, so we are maintaining the earnings outlook revised and announced on May 13, 2025. ⚫ We plan to switch from
Slide 18: Illustration of the OP impact of U.S. tariff policy
FY12/2025 Forecast Reference: Illustration of the OP impact of U.S. tariff policy and the effect of our countermeasures Assumptions 1. The assumed tariff rate on page 17 will continue after August 1. 2. Current demand conditions continue FY2025 forecast Operating Profit Y 8.1bn ～ Y10.1bn Tariff impa
Slide 19: No change in dividend forecast
FY12/2025 Forecast No change in dividend forecast ⚫ The interim dividend will be paid as planned at JPY85 per share ⚫ The year-end dividend will be paid as originally planned - JPY85 per share - provided no financial concerns arise ＜Policy＞ The Company’s shareholder return policy is to make sustaina
Slide 20: Supplemental Information
1 FY12/2025 Q2 Results 2 Impact of U.S. Tariff Policy（Update） 3 FY12/2025 Forecast 4 Supplemental Information
Slide 21: Consolidated Financial Results (April-June period, 3 months)
Supplemental information Consolidated Financial Results（April-June period, 3 months) FY12/2024 Q2 3M1 FY12/2025 Q2 3M2 (JPY mn) Actual % of Sales Actual % of Sales YoY Sales 24,621 100.0% 23,263 100.0% -5.5% wo/Fx wo/Fx Gross Profit 10,790 43.8% 10,196 43.8% 45.3% -5.5% +3.4% SG＆A 7,926 32.2% 7,814
Slide 22: Sales by Category (April-June period, 3 months)
Supplemental information Sales by Category （April-June period, 3 months) (JPY mn) Keyboards Perc. & Wind Guitar-related Creation-related Video & Pro Audio Others Total -5.9% -4.2% -8.8% -0.2% -0.5% -11.8% -5.5% YoY1 (-0.8%) (+2.0%) (-3.5%) (+6.0%) (+4.9%) (-7.4%) (+0.1%) 7,259 6,952 6,483 6,338 5,96
Slide 23: Sales by Region (April-June period, 3 months)
Supplemental information Sales by Category （April-June period, 3 months) (JPY mn) Japan North America Europe China Others Total -2.0% -7.8% -4.0% -7.5% -3.8% -5.5% YoY1 (-2.0%) (-0.6%) (-1.6%) (-0.5%) (+6.2%) (+0.1%) 9,059 8,352 7,004 6,721 3,920 3,770 2,329 2,282 2,307 2,135 2024Q2 2025Q2 2024Q2 20
Slide 24: Key Consolidated Financials
Supplemental information Key Consolidated Financials (JPY mn) FY2024 FY2025 (JPY mn) As of Dec. As of June Q2 Q2 31, 2024 30, 2025 Net sales 46,705 45,806 Cash and deposits 14,478 19,027 Gross profit 20,183 19,756 Notes and accounts receivable - trade 12,538 10,640 Selling, general and Inventories 2
Slide 25: Forward-looking statements
This material contains information that constitutes “forward-looking statements” of Roland Corporation. Statements other than those related to past or present facts are all statements that constitute forward-looking statements. Such forward-looking statements are based on our assumptions and decisio