Slide 1: Summary of financial results for FY2025/12 and presentation of Medium-Term Management Plan 2028
Summary of financial results for FY2025/12 and presentation of Medium-Term Management Plan 2028 February 2026 YAMABIKO CORPORATION 1
Slide 2: Index
INDEX 1. Financial Results for FY25/12 ３ 2. Review of Implementation of Medium-Term Management Plan 2025 9 3. Financial Forecasts for FY26/12 13 4. Medium-Term Management Plan 2028 Policy and Business Strategy 17 5. APPENDIX 28 ©YAMABIKO CORPORATION. All rights reserved. 2
Slide 3: Financial Results for FY25/12
Financial Results 1 for FY25/12 January 1, 2025 – December 31, 2025 ©YAMABIKO CORPORATION. All rights reserved. 3
Slide 4: Financial Results Compared with Previous Fiscal Year
Financial Results Compared with Previous Fiscal Year ⚫ Net Sales increased, supported by a recovery in OPE* sales, including robotic mowers, in the European market, Net Sales Operating Profit while in the North American market, engine products for Profit attributable to owners of parent home improve
Slide 5: Summary for Results by Segment
Summery for Results by Segment Net Sales Operating Profit Segment Changes Segment Changes FY24/12 FY25/12 FY24/12 FY25/12 (Millions of yen) (%) (Millions of yen) (%) Total 164,838 174,020 +5.6 Total 19,637 19,722 +0.4 OPE 121,418 131,989 +8.7 OPE 27,668 28,204 +1.9 Industrial Industrial Machinery 16
Slide 6: Sales Volume by Segment / Region
Sales Volume by Segment / Region (Hundred millions of yen) Outdoor Power Equipment Industrial Machinery Agricultural Machinery 1,500 1,319 300 300 34 Europe 3 Europe 3 1,214 246 250 Other Overseas 18 Other Overseas 13 1 241 0 1,200 35 179 250 130 200 200 78 62 900 166 155 150 150 600 906 955 45 45 1
Slide 7: Changes in Consolidated Net Sales and Consolidated Operating Profit
Changes in Consolidated Net Sales and Consolidated Operating Profit Net Sales Operating Profit (Hundred millions of yen) (Hundred millions of yen) Decline in Industrial Agricultural Increased Exchange gross profit OPE Machinery Machinery Others net sales rate factors margin Increased SG&A +105 -10 -
Slide 8: Transition of Quarterly Financial Performance
Transition of Quarterly Financial Performance (Hundred millions of yen) FY2023/12 FY2024/12 FY2025/12 500 456.0 475.0 437.8 440.2 450 412.9 408.0 407.4 388.6 376.6 376.8 387.0 400 335.7 350 300 250 Net Sales 200 150 100 50 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q (Hundred millions of yen) 80.0 67.9 70.
Slide 9: Review of Implementation of Medium-Term Management Plan 25
Review of Implementation of 2 Medium-Term Management Plan 2025 ©YAMABIKO CORPORATION. All rights reserved. 9
Slide 10: Review of Implementation of Medium-Term Management Plan 2025
Review of Implementation of Medium-Term Management Plan 2025 Positioning the Medium-Term Management Plan 2025 as a period of “Transform” for achieving sustainable growth, our Group worked as a cohesive unit to quickly move forward with structural reforms and strategic investments. 2020–2022 2023–202
Slide 11: Results against Numerical Targets
Results against Numerical Targets Successfully Achieved All Numerical Targets of Medium-Term Management Plan 2025 Net Sales Operating Margin ROE FY25/12 target ✓ Target achieved FY25/12 target ✓ Target achieved FY25/12 target ✓ Target achieved 170.0 bn yen 174.0 bn yen 7% 11.3% 10% 12.7% vs. Target:
Slide 12: Initiatives under Medium-Term Management Plan 2025
Initiatives under Medium-Term Management Plan 2025 ◼ Multi-Solution Development of OPE ◼ Strengthening Overseas Industrial Machinery Business To address market electrification, we launched a full lineup of battery- ECHO Incorporated acquired a light tower business to expand its North powered product
Slide 13: Financial Forecasts for FY26/12
Financial Forecasts 3 for FY26/12 ©YAMABIKO CORPORATION. All rights reserved. 13
Slide 14: Summary of Financial Forecasts for FY2026/12
Summary of Financial Forecasts for FY2026/12 ⚫ In addition to achieving growth in the OPE and Industrial Machinery in the North American market, we will scale up our European operations. ⚫ In terms of profitability, although an increase in expenses is expected due to expanded investments in human ca
Slide 15: Projected Increase / Decrease of Consolidated Net Sales by Segment in FY2026/12
(Projected) Increase / Decrease of Consolidated Net Sales by Segment in FY2026/12 (JPY Basis) Outdoor Power Equipment (Hundred millions of yen) Industrial Agricultural In the North American market, which continues to grow Machinery Machinery Others steadily, sales are projected to progress favorably
Slide 16: Projected Increase / Decrease of Consolidated Operating Profit in FY2026/12
(Projected) Increase / Decrease of Consolidated Operating Profit in FY2026/12 (Hundred millions of yen) Improved Net sales factors Exchange gross Increased Increased rate profit SG&A margin Profit is expected to increase due to an increase in actual net sales factors expenses net sales excluding the
Slide 17: Medium-Term Management Plan 2028 Policy and Business Strategy
Medium-Term Management Plan 4 2028 Policy and Business Strategy ©YAMABIKO CORPORATION. All rights reserved. 17
Slide 18: Yamabiko's Reason for Existing
Yamabiko’s Reason for Existing Create the bridge that bonds people and nature with the future At the Yamabiko Group, we will earn trust from society and people, provide them with a positive impression, and raise their hopes with our world-leading environmental technologies, our innovative, safe, and
Slide 19: Position of Medium-Term Management Plan 2028
Position of Medium-Term Management Plan 2028 Transform into a “company that consistently creates new value for outdoor worksites” by making continuous efforts to solve challenges, such as reduction of environmental impact, improvement of safety, and labor shortages. Vision Medium-Term Management Pla
Slide 20: Numerical Targets of Medium-Term Management Plan 2028
Numerical Targets of Medium-Term Management Plan 2028 Aim to achieve net sales of 210 billion yen, operating margin of 13% or above, and ROE of 14% or above in FY2028. ◼ Numerical targets (Hundred millions of yen) FY2025 FY2026 FY2028 Actual Results Forecast Plan Consolidated 2,100 1,740 1,850 net s
Slide 21: Regional and Segment Portfolio Strategy under Medium-Term Management Plan 2028
Regional and Segment Portfolio Strategy under Medium-Term Management Plan 2028 Establishing a Three-Pillar Structure (The Americas, Europe, and Japan) with Europe as the Growth Driver Other Overseas 2,500 (Hundred millions of yen) 2,100 Japan 1,740 110 48 510 444 The Americas 1,240 1,063 240 Europe
Slide 22: Business Strategy under Medium-Term Management Plan 2028
Business Strategy under Medium-Term Management Plan 2028 Achieve sustainable growth by securing stable revenue through deepening our existing businesses and investing generated resources in growth domains. i. Sales expansion ii. Profitability improvement iii. Strengthening of management base Deepeni
Slide 23: OPE Market Overview
OPE Market Overview OPE market size by region*1 North American market composition by power source*2 The OPE market continues expanding, driven by the largest market, While progress in electrification seems to have slowed, North America, as well as by Europe and Asia. demand for engine products remai
Slide 24: Sales Expansion
Sales Expansion Increase sales of OPE and industrial machinery products in North America, the world’s largest OPE market, and in Europe, our most important market. North American market European market ➢ North America being the world’s largest OPE market and the most important market for Yamabiko ➢
Slide 25: Cash Allocation
Cash Allocation Appropriately allocate generated cash to growth investment and shareholder returns during the Medium-Term Management Plan 2028 period. ■Strategic Growth Investment • M&A and investment: • investment associated with scaling up overseas operations • investment related to new businesses
Slide 26: Shareholder Return Policy
Management that is Conscious of Cost of Capital and Stock Price, and Shareholder Return Policy With the sustained achievement of ROE exceeding cost of equity (COE) held as the top management issue, strike a balance between growth investment and shareholder returns based on our capital policy to incr
Slide 27: Capital Investment / R&D Expenses / Depreciation
Capital Investment / R&D Expenses / Depreciation (Hundred millions of yen) Capital Investment R&D Expenses Medium-term plan 65 67 70 64 63 56 59 Actual results 60 80 50 75 40 70 30 65 65 62 61 20 60 10 55 53 0 50 FY23/12 FY24/12 FY25/12 FY26/12 FY27/12 FY28/12 50 (plan) 45 40 Depreciation 40 35 70 3
Slide 28: APPENDIX
APPENDIX ©YAMABIKO CORPORATION. All rights reserved. 28
Slide 29: Corporate Profile
Corporate Profile Corporate Name YAMABIKO CORPORATION Established December 1, 2008 Headquarters 7-2 Suehirocho 1-chome, Ohme, Tokyo, Japan Net Sales JPN ¥ 174,020 mil （Consolidated sales as of December 2025） Capital JPN ¥6,000 mil Fiscal Term December 31 Consolidated 14*（6 in Japan & 8 overseas/as o
Slide 30: YAMABIKO History
YAMABIKO History Developed Japan's first backpack trimmers and speed sprayers in addition to the world's first handheld blowers Following the tightening of emission regulations and industrial restructuring in the 2000s, two companies with long histories and strong track records merged in 2008. HOME
Slide 31: Net Sales Trend & Sales by Segment
Net Sales Trend & Sales by Segment (hundred millions of yen) Trends in consolidated sales and operating profit (hundred millions of yen) 1,800 220 196 197 200 1,600 Sales Operating profit 180 142 160 1,400 140 120 1,200 96 93 86 1,740 100 76 1,648 67 1,561 1,514 62 62 62 1,423 80 1,000 50 56 1,320 1
Slide 32: Segment: Outdoor Power Equipment
Segment : Outdoor Power Equipment The Americas 72.4% Product development capabilities that meet market needs Sales Composition by OPE Europe 13.6% Developing products with high work efficiency for Segment and Region FY2025/12 75.8% Japan 11.3% professional users, regardless of the power source Other
Slide 33: Segment: Agricultural Machinery
Segment：Agricultural Machinery Japan 73.9% Technological strengths Sales Composition by Agricultural Segment and Region The FY2025/12 machinery 13.9% Americas 25.9% Realizing smart agriculture by combining ICT with Other Overseas 0.2% accumulated weed and pest control technology Air blast technology
Slide 34: Segment: Industrial Machinery
Segment：Industrial Machinery Japan 60.0% Technological Strength Sales Composition by Industrial The Americas 29.2% Segment and Region machiney Other FY2025/12 9.0% Overseas 8.3% Generator Europe 2.5% design Production and sales of construction, technology earthmoving, ironsmith machines Inherited &
Slide 35: Production in Japan
Production in Japan Plant Production Dept. (Morioka) Subsidiaries Production of outdoor power equipment (machining, painting, assembling, etc.) Production of pest control equipment (metal works, painting, assembling, etc) ※ Engine for Large-scale pest control equipment is outsourced. Production Dept
Slide 36: Overseas Production
Overseas Production YAMABIKO Europe SA Crary Industries, Inc. (WAVRE, Belgium ） ( North Dakota, U.S.A ) Manufacturing and Sales of robotic Production of chippers/shredders & lawnmowers agricultural machinery KPI Kwik Products, Inc. ( Arizona, U.S.A. ) Production of trimmer/brushcutter accessories &
Slide 37: Sales Structure
Sales Structure Europe, Middle East ,Africa Japan, Asia, Oceania The Americas ECHO Incorporated Group YAMABIKO JAPAN YAMABIKO Europe SA Outdoor Power Equipment Industrial Machinery Agricultural Machinery *Sales in Asia, Middle East and Oceania are handled by YAMABIKO's head office. ©YAMABIKO CORPORA
Slide 38: YAMABIKO JAPAN Co., Ltd
Sales subsidiaries YAMABIKO JAPAN Co., Ltd Sales offices in the Japanese market Corporate Name YAMABIKO JAPAN Co., Ltd Diversified sales channels and complete sales Established June, 2017 structure for 3 segments and 3 brands Headquarters Ohme, Tokyo, Japan Sales base 6 sales department and 38 offic
Slide 39: ECHO, Incorporated
Sales subsidiaries ECHO brand has been in the Americas for 50 years Corporate Name ECHO, Incorporated Manufacturing and sales base for OPE, industrial Established November, 1972 machinery and large agricultural machinery Headquarters Illinois, U.S.A Subsidiary 2 The largest sales company in the Yama
Slide 40: YAMABIKO EUROPE SA
Sales subsidiaries YAMABIKO EUROPE SA OPE sales and robot R&D base in Europe Corporate Name YAMABIKO EUROPE SA Become a wholly owned subsidiary in 2021 Established March, 2002 Promote European sales strategy to expand sales Headquarters WAVRE, Belgium Expansion from Belgium to all of Europe Sales of
Slide 41: Major Sales Channels
Major Sales Channels Sales Channel Overseas Market Customers North America ECHO HOME DEPOT Incorporated Distributors Central & South Group Landscapers America （Subsidiary） Distributors Homeowners Yamabiko Corporation Europe YAMABIKO Europe Forest Distributors Dealers (Subsidiary) workers China & Sou
Slide 42: Japanese and Overseas Customers
Japanese and Overseas Customers Domestic Customers Overseas Customers Farmers Landscapers Homeowners Construction workers Forestry workers Forestry workers Construction workers ©YAMABIKO CORPORATION. All rights reserved. 42
Slide 43: Yamabiko Corporation
This presentation has business plans which incorporate estimates made at the time of preparation. Such plans and estimated figures of future results are established by Yamabiko Corporation in accordance with currently available facts, data, and information. Various elements may affect actual busines