Nagase & Co., Ltd. · TSE:8012
Nagase & — Q3 FY2026 Earnings Presentation
34 slides from Nagase &'s earnings presentation, Feb 10, 2026
Slide 1: 2026年3月期 第3四半期 決算説明会資料
2025 OH RAR RE RANSH Gesa—k:8012) 20262A5H BR A\NAGASE Delivering next. (HHH SEKAI KEP CUT—Vavy) RERUN AHO RKCOMUET. CITKSLCSHMUUELET. BIB+FHORSICOSKUC, HHSC ECUEEZET.
Slide 2: Notes on this presentation
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Slide 3: Contents
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Slide 4: Consolidated results summary
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Slide 5: Consolidated results: operating profit analysis
PREM Al SoC KS Fl at > RAISE TAI 1 FOF BERE PTA TAT Y IADRELMNA DEO PRIDE M (MILD) ICKY HS > BONEN COPrinovaT )L—-POBRHF ICM A, TU—-I Ft, PLP CO$GABEE IAA DICH L, SRE MEALSE Ly RN ee By BIA eatoe Lier at a) BI TC_L KAZE HHI RIAR (fF9) 1,500 1,400 Git 1,388 800 Zot , BH 1,312 j 750 z0Hb Bt 735 13 735
Slide 6: Functional Materials segment results
Re VAIXUb asc Fl et 2 HALL RR > RIL FT - LILY PEARED. CEUT 1 PREERMO BBE UAA SORA HEB LIRILU > Based RELICS SPrinovaT )l—PORGERO DEPTH LI 1 —YORBERSIMA, BF- IRIE -(CSISTHALTILTYIAZ OBELDRAS BO ARTHBMNS IC KUT TAOS > LATXVERTIAECUT 1, REM ORY LEA, BF- LAUDE, FRB OMER (FEMIL 7 XD MBERIC T SHEA) Se VAX
Slide 7: Processing Chemicals segment results
RK VIXVEA BRAM 2 ALLER > RIL RUEE RO AIC A SRA PM SAREE at LS ORICA UN SAO iat > BossttPrinovaT )L—TF Cass 2 ERICH EU BS | Se (1 318) O REPPNutritionBROM AGH MA, FHI 1 —9 OR BEORAM—BRT LECESICLY, ME OKADIBE > EO SHE | AUS ROA C FS BEG TE MIO RAC EY ike (QUBEROBAIC t SRA NAD: 2024-57 SA 493 Sf FS (2h
Slide 8: Segment results by business
mH CIXUE BI ERE > FOERPARSEICLL PORRIC KY, iat + SARA OMAR RA BRAORBRDICLURD + HAM AO RAAT aon > Betas toc LMM MOML EIT, eit (fe) GEER) alias LSlaan] SRE ibe HALE RIED 4Q RRS . HA 380 1,570 73% & JONG AD LEAR OTR aA 408 : TET OBMLERA CIA AWAOWE ia A 6.1% / 2.1% > TAFT TVR OV I—Ya VOR = %; (ESRNENTAS
Slide 9: Segment results by business
mouaE COIXVUbRR DLA > FERPA EICLA PORBMIC KY HRS + OAS EH: BFA ORB IC LUE OMSTONAY LIEEOO, FOS PbS YIREMBSBECCIC LY, ABS + FHARIV-IYID LARA LAA TO seca > BePlasl dre LAA MLECOO, MASO-REBRAIBMLECE SIC LU BIL (ara) EAH] [i] MRRIEL eS RUV-FOWPA IER 24 EA 2,080 74% & ZO-IWLISYEA-+—-OFEMAOBE HRA , 2,106
Slide 10: Segment results by business
GF - Ike CIXVAER BF LRIDE— > FOLATE POMRIC KY BRE + SEARO ARSE + FARTLTYIANBEL MAO ARTS, E/ V1 RSI TOMASI CHEB LED, AIS —/\— RS AIT OCHS LL. BO + Pac TechAIL-FOIINNVECD PREM BLONV EDT SEY —ER DHS > EESePIZSISM SAREE at LLECOO, FLAIR OMME SIF, BRE (sara) GEAR) FEHR SE Exyero | sata es ILJhOLI7 ABB 4a
Slide 11: Segment results by business
[ =eUT+ CIXUMER ECUT 4 > FOERPARSEICLL PORRIC KY, iat + FLAIR ONDE 5H SB ORRTCIAIL + A BEMCAIRORBERM - HREM AO ARTI > Bea Src LABOR) EIT iat (FS) CEZHBFR) sc) BRARGBL eae EEUT AYU I—YVaV ABB 2: eT TS msi > EYCBERH -ABROWUR VE — ITE aA 321 1,320 >» ACK TUR SORTA) —2ie Mee SEE A 5.0% A2.0% A 3.1% A3.1
Slide 12: Segment results by business
ey 3 3 . CAIXUE Bi FRE > FELABAIESILIEICIA FORBEHIC 1), sas + HRS SERS ORSINI + FAI 1 —9 MERI OARSTAENOL eC CIO, BTEC SU ARS DC + Prinova7)L—-FICSIFS Ramet O ART SIMMS KY HSN + BeAlalssc LMA ROWMICMA, FAI 1 —FICSIt SRAM O—BBIR TP, PrinovaT V—FORMEACHEESIC A) HB RE (66°) GE70 HER) PRA 7) SSH eR SADRA
Slide 13: Electronics & Mobility segment results
ESREFSARR —-TARTATVIAZ- > SOLBAIZSISEICLA PORBBIC KY, Hee + RHEL RAS REO BRST, E/ 1-1 JAERI DESI CHEB LIED, AID —/\— AST DERI L, BD + DAR UY AMBHSARTER EDLY LIEECOO, FAMERS IC EY ARCS > Berlatld, HARRRSO-REBRAMLECOO, so LFIROMBMMIC KY) Heat K202554F 1 Att CHER BRET AI 1—-SD SBE (fF) EES EHAREL ee RE
Slide 14: Life & Healthcare segment results
ERRIESSHRMR -THARI1—-9- > FoLMFSSISEICLL PORRIC KY) Bet + RORMOMTTILAY LECOO, RSIS A FRO KRS + Bima OMRTIS, MRR Sb HSU BAIT ICHEBL. BM > Beret, RUATLANSAICHS RMB BMLECOO, Fo LH FIBOMM MIC KY, HBS > ONAFHAME IL, AZAR O ABR T ICRU aD GRRE: BORACAY PIO) X2025F4A 1 ANCIAL TAT YIAZAN RR ERBREBE (fF) WBUE
Slide 15: Prinova segment results
FBRIEFSHR —Prinovayp—-T- > Fo LMFASISEICLLPOMAIC KY) Bet + RRRMOMRTI SRBC KY NO + Bex ltSolutionsBReERDCFOYIbS y IAMS, BE > BeAlatld, AUB 2 CO AHICET ELAR BSNS (191 318) ORE, Nutrition BOMBA CHE £S-REBRO RY SICKEY et (fgF3) a We mee 7XUbE FLATS 2488 530 514 2,532 63% ava 537 488 1,996 SRE A 1.2% 5.2
Slide 16: Prinova Nutrition business
PrinovaZJL—TZF NutritionB¥#¥onuwn Nutrition BOI Ee USDBA BHCC A SMe 1 6.0 4.0 | “AB RHORIAIE 2.0 | RE/SIS1F1-Y OSH oo TY [Lf] 1 1 i: : _A -BUETHOREL/ Ait RAOURER 2.0 4.0 | | 6.0 AIZMMIBBEOEES ARES BT -8.0 ied USD#8E: -10.0 -12.0 24Q1 24Q2 24Q3 24Q4 25Q1 25Q2 2503 25Q4 BbhyPS1VOUSICMIFEMUMAERT UBL UG
Slide 17: Balance sheet
its B fat RK > SACHEMHOPIP RR, FHLIAPT/AT AYIZOMMSCHEY, BAF AREA (FQ) 2025%3AK — 2025%12AK ena 5,601 5,654 53 RERURE) 663 435 A227 Gert) 3,112 3,336 223 Ge tea) 1,662 1,703 41 eae 2,480 2,950 469 SACHEM PO PRE +157. tHeITPIIAF 1 YIR+103 S75 RES) 720 863 142 8,081 8,604 523 er 2,695 3,082 387 BMX OA1
Slide 18: Cash flow
BRtvyy1-IO—-Htes > FRIECFISSACHEMH OPI PBR, FALITPI/AT 1 YIZOWME SICK 43 28 AORM > MECFAMRRBORTCHEY Ae OK—A, ACHRORSHLUMARORINBICKY 10 TAOS > T)-TARRE BUA, MRIRAA—BTYLECEDS, REROREASUlL2 3 8FAO RD 202458 30H BRAM LSF~yYIa-IO— 214 (Fist a OHA OF) 322 (Alt: BARA) 135 (GBRAAOIER) All (Ett) A132 RAAMICL
Slide 19: FY2025 consolidated forecast
202578 RR RBL(ASSU) > D-KBBEU AA ldPrinovaT))—POBGERIC SIT S ARES CE HEC KSI AZ bAIRMAS <i > ESRB URAL MO EVER OLE ARURINC LY BABS - RAEEB OAR TEAR SCH > HRABEEU RATATAT YIAZDOAIS—\—FEHAIT SELMA BABAR TCDS, APRRIC KU HR OATS DBA CHSEO O. AMA OARTER IL —I—F v4 FAD PU CARRELL E CRF > RHEROMMICAS RRA R
Slide 20: FY2025 forecast by segment
2025FE CIXVb AIR RIEL (RES) PRREIEH SESAME oe RICHES SSE OD, -MEBAOR MIC LY ete PILES, HORTONS SRY TSM, FOS AHS yIREMBEHSCEIC KY, Wat BF LAE —d, ARAMA OMB ARTICMA,. FHL TAF YIADAL—\— BASALT OBE NAS AAR ED | CHEB LU, SBE ECUT 11k, —MOEVE MEO LEA BUAD IC EY BAER RERERB in OARTOD RASC HES L, eet SraREI
Slide 21: FY2025 forecast by segment
202578 ERRiafatORmABL(ASSL) > FHRTILTYIR: >» FHRI1—-49: > PrinovaZJb—TF: FLIP SIL, BNET RES EO ARTIED', AI —/\— AIT OBES SICK) IER BSR FasL, Fo LAOS SIF HRS ToLMAlaIL, ARRAS LOS MRO Merce alc AU IBAS BEF L TELA OMMICMA, ON AHAB OBC AY 18k FRAO — BBR TC PES BSE 491 11) ToL FIL, Raa ARTCC FSC CICMA, S
Slide 22: Shareholder returns
PRE TCIA 2025 FRO 1S BCS el SHARC @ SAPO 5SOFMS 5 PBB, AiG SFL, BARS SAO Sf OONS Pak (1 6H eEEC RL) 20247 RCS SS. 2025F RICH CEM THER OO%OAHICRBSL BCS = 2 00 ARIA 20262 AlC3 018 AO BOERS Rak (HA: 202672A ~202643REFE) vvuvy (BAR) (%) 40,000 — 4m ACG = ABET 105.4 110.0 Mie OOWAH —Hfo mmm nnn 100.0 35,
Slide 23: Reference links
https://www.nagase.co.jp/ir/library/pdf/factbooks/20250804-1.pdf https://www.nagase.co.jp/ir/ https://www.nagase.co.jp/contact/
Slide 24: ACE 2.0
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Slide 25: Medium-term management plan
NAGASEDS 2 TX Vb EAU AS< BIR 25S RICH SMe LOH Haonr ; SAARI RRAORRIAT. SODEABRISARIS RIRRRIRD, Stk 2A lee UcimbtIsL S lec canines SS | Bia Litas & . owas : eee PAR ORABICLY ALBEREBEIC TBS we AIBSWARSEOD IP, AVTR-PCHRE ORBLE AIS MRSEILERND, 2VIh- POHL BENT HERO RE = BK fare CURBS AERC SU RUMBLES HES
Slide 26: Quarterly results by segment
soi soe Fl at SRA a POF RATETS (fF) SSSUEHA Be ares rhe EE 2,373 2,424 2,443 7,240 9,640 75% AuRB 2,392 2,417 2,370 2,269 7,180 9,449 eS A 0.8% 0.3% 3.1% 0.8% 2.0% so Leerlas | SiR 443 465 479 1,388 1,830 76% BURA 437 442 432 420 1,312 1,733 Bes 1.3% 5.3% 11.0% 5.9% 5.6% <FlaeE> AHA 18.7% 19.2% 19.6
Slide 27: Topics
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Slide 28: Topics
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Slide 29: Topics: Aplinova
Ness ORE I-RABO RA PFIVIWVICHISI-E BRAC Aplinova t= BK ~FO-NIVTIAICSIFS RSF VA) BEOUKA~ AplinovalcDWT ay BROBN th: DIV CUNO BOR WB: TUS IA OLA ROR, BRIE ZO KIERO REL CREATE a ei OR alate - MLO Ase - Sats #L mio: Att, Th MRIS — tt RBM: 79K al GES 24-1 4 | es Prinovalck SS #RAES V 20307 BOs: Lerlasi2
Slide 30: Topics: Sachem
MRE OBE FE 3B (4) BRO ERAAAH ~SACHEM#HOPIPSE~ > SACHEM #O?7D 7 itigicC StS ASA SMES mB 101M $ CHG, 20256AICTIV—-PAY (PLBHILS 2 PO HAD 5 ) > TMAHX2ILCD ES SRETS ALOR MECN, BARROEUR: BER RERFOVLATSAILOMRAG EES > 2030 AIC oe LHF a4 OAS Bist Ke HERP DSYRNAILT 14 AT OBES LE CES NS BUBRT hOXF IVP ERI BER
Slide 31: Topics: Functional Processing Chemicals
IZ OBE is FIIFALV ADORE ~tHeItPF/AT1AYIA~ > NERD PVA ORE RBS ERM, FARITPTIAT AYIRZEULT, 2025 TAIT I—-FAY > DUR, SM RABRS LUT OMIT IU ILI ARN OMA, BUSHLESS > 2030FtRICoc LH Flas4 OAS Bit Hae SES PTR PATTI ABB OR LE (BPD SCID TERE ba URAL AY, V1 REDO ER 400 . “BSR -hIs ERY, fa . ROA OFFER 15), ELIE) O
Slide 32: FY2025 topics
PRRLORS 2025FEOF+rvvy1aroO7—VYay Fe BUFRRELUTI—-PABEOMRICKY, RRS CPE IRITOMA SH ie FyyyatTy BEAS > RRRAKORRS > TIV-TFAFPYVAVRD XAVHCALORRROGA BAF RAOREA > FEAT THERE DAT AEA EBC A\NAGASE | Delivering next. =38CF 265~ RIE 300/61 4104879 560f84 350f8A9 Copyright © 2026 NAGASE & CO., LTD. zpyvar dk REE
Slide 33: Prinova overview
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Slide 34: Investment results 2021-2024
fetio) 2021 ~ 20245 EOEERGEVYVIIV: PUREE (884489) zypvyaty 20215 20225 202348 202458 4neRH FyyVIA-PIR 2021 2022 2023 20245H Ane REt apie eseCr* 525 363 476 515 1,879 fey Scestaye 124 139 178 270 713 BER RARATASIC ASIA 92 96 71 35 296 DX: ARMRSAORS 71 68 78 69 288 BRBAORD - - 330 — 330 S&eaowM 631 20