Financial Results for the Second Quarter Ended September 30, 2025 (20251105financial summary)

November 5, 2025

Listed Company Name ALSOK CO., LTD. TSE Stock Market

Semi-annual securities report submission date: November 5, 2025 Scheduled cash dividend payment start date: December 3, 2025 Preparation of supplementary briefing materials on financial results: Yes

Holding of results briefing: Yes (For institutional investors and analysts)

(Millions of yen, rounded down to the nearest million)

1. Consolidated Financial Results for the Second Quarter Ended September 30, 2025 (April 1, 2025 - September 30, 2025)

   1. Consolidated operating results (total) (Percentages indicate increase or decrease from the same period of the preceding fiscal year)

      	Net sales		Operating income		Ordinary income		Profit attributable to owners of parent
      	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      Six months ended September 30, 2025	291,337	10.7	22,520	47.6	23,889	43.5	14,607	48.3
      September 30, 2024	263,280	6.9	15,258	(11.9)	16,648	(11.9)	9,852	(14.4)

      Note: Comprehensive income Six months ended September 30, 2025	¥16,891 millions	86.0%
      Six months ended September 30, 2024	¥9,080 millions	(39.0%)

      	Net income per share	Diluted earnings per share
      	Yen	Yen
      Six months ended
      September 30, 2025	30.10	-
      September 30, 2024	19.96	-

   2. Consolidated financial position

   	Total assets	Net assets	Equity ratio	Net assets per share
   	Millions of yen	Millions of yen	%	Yen
   Six months ended September 30, 2025	580,772	388,232	60.1	717.77
   Fiscal year ended March 31, 2025	572,402	376,000	59.1	697.96

   Reference: Equity capital	Six months ended September 30, 2025	¥348,825 millions
   2. Dividends	Fiscal year ended March 31, 2025	¥338,433 millions

   	Annual dividends per share
   	End of 1Q	End of 2Q	End of 3Q	Year-end	Total
   	Yen	Yen	Yen	Yen	Yen
   Fiscal year ended March 31, 2025	-	12.40	-	13.40	25.80
   March 31, 2026	-	14.60
   Fiscal year ending March 31, 2026 (Forecast)			-	14.60	29.20

   Detail of year-end dividend as of March 31, 2025: Ordinary dividend ¥12.40 Commemorative dividend ¥1.00 Note 1: Correction of most recently published forecasted dividends: Yes

   Note 2: Regarding the revisions to the interim and year-end dividend forecasts, please refer to "Notice Concerning Upward Revisions to Annual Financial Results Forecasts, Interim Dividend (Increase) and Revised Year-end Dividend Forecast (Increase)" announced today.

   3. Forecast for Consolidated Financial Results for the Fiscal Year Ending March 31, 2026 (April 1, 2025 - March 31, 2026)

   (Percentages indicate year-on-year changes)

   	Net sales		Operating income		Ordinary income		Profit attributable to owners of parent		Net income per share
   Annual	Millions of yen 598,000	% 8.4	Millions of yen 48,500	% 20.6	Millions of yen 51,500	% 19.5	Millions of yen 32,900	% 21.4	Yen 67.74

   Note 1: Correction of most recently published forecasted financial results: Yes

   Note 2: Regarding the revision of the full-year earnings forecast, please refer to "Notice Concerning Upward Revisions to Annual Financial Results Forecasts, Interim Dividend (Increase) and Revised Year-end Dividend Forecast (Increase)" announced today.

   This forecast is based on information currently available to the Company and on certain assumptions that the Company considers reasonable. It is not intended as a guarantee of achievement. Actual results may differ significantly due to various factors.

   * Notes

   1. Changes in consolidated subsidiaries (changes in scope of consolidation): Yes Added: 1 (company name) Consolidated subsidiary ALSOK MIYAZAKI CO., LTD.

      Removed: 2 (company name) Consolidated subsidiary ALSOK KANTO DELIVERY CO., LTD. and

      ALSOK LIFE SUPPORT CO., LTD.

   2. Application of specific accounting processing for creation of the consolidated financial results: Yes

   3. Changes in accounting policies, changes in accounting estimates, and restatement

      ① Changes in accounting policies arising from revision of accounting standards: No

      ② Changes arising from other factors: No

      ③ Changes arising from accounting estimate: No

      ④ Restatement: No

   4. Number of shares outstanding (ordinary shares)

   As of September 30, 2025	510,200,210 shares	As of March 31, 2025	510,200,210 shares
   As of September 30, 2025	24,215,212 shares	As of March 31, 2025	25,313,325 shares
   Six months ended September 30, 2025	485,349,210 shares	Six months ended September 30, 2024	493,518,935 shares

   ① Number of shares issued (including treasury stock)

   ② Number of shares of treasury stock

   ③Average number of shares throughout the fiscal year

   * This summary of financial results falls outside the scope of review of certified public accountants and accounting auditors. (Change of Company Name)

   On July 16, 2025, we changed our company name from "SOHGO SECURITY SERVICES CO., LTD." to "ALSOK CO., LTD."

2. Consolidated Financial Statements and Significant Notes
   1. Consolidated Balance Sheets

      (Millions of yen)

      
      
      

      As of March 31, 2025 As of September 30, 2025

      Assets

      Current assets
      Cash and deposits	68,669	70,677
      Cash for transportation security services	81,557	79,750
      Notes and accounts receivable - trade, and contract assets	69,716	67,142
      Securities	449	845
      Raw materials and supplies	14,111	15,257
      Costs on uncompleted construction contracts	32	84
      Advances paid	5,640	6,071
      Other	16,722	18,397
      Allowance for doubtful accounts	(178)	(179)
      Total current assets	256,722	258,047
      Non-current assets
      Property, plant and equipment	122,418	125,691
      Intangible assets
      Goodwill	29,873	29,668
      Other	8,832	9,169
      Total intangible assets	38,705	38,838
      Investments and other assets
      Investment securities	62,312	65,083
      Net defined benefit asset	59,698	61,113
      Other	33,471	32,922
      Allowance for doubtful accounts	(928)	(924)
      Total investments and other assets	154,555	158,194
      Total non-current assets	315,679	322,724
      Total assets	572,402	580,772
      Liabilities
      Current liabilities
      Notes and accounts payable - trade	30,121	24,306
      Short-term borrowings	13,217	12,235
      Income taxes payable	8,111	8,719
      Provisions	2,687	3,050
      Other	54,753	55,979
      Total current liabilities	108,892	104,290
      Non-current liabilities
      Bonds payable	-	100
      Long-term loans payable	1,327	1,144
      Net defined benefit liability	39,534	40,104
      Provisions	1,975	2,049
      Asset retirement obligations	844	849
      Other	43,826	44,000
      Total non-current liabilities	87,509	88,249
      Total liabilities	196,401	192,539

      
      
      

      Net assets
      Shareholders' equity
      Capital stock	18,675	18,675
      Capital surplus	34,214	34,366
      Retained earnings	278,283	286,391
      Treasury stock	(21,074)	(20,154)
      Total shareholders' equity	310,098	319,279
      Accumulated other comprehensive income
      Valuation difference on available-for-sale securities	11,269	13,586
      Revaluation reserve for land	(3,435)	(3,435)
      Foreign currency translation adjustment	1,343	850
      Remeasurements of defined benefit plans	19,157	18,544
      Total accumulated other comprehensive income	28,335	29,545
      Non-controlling interests	37,566	39,407
      Total net assets	376,000	388,232
      Total liabilities and net assets	572,402	580,772

      (Millions of yen) As of March 31, 2025 As of September 30, 2025

   2. Consolidated Statements of Income and Consolidated Statements of Comprehensive Income

(Consolidated Statements of Income) (Consolidated Cumulative Period of 2Q)

(Millions of yen)

Six months ended September 30, 2024

Six months ended September 30, 2025

(Consolidated Statements of Comprehensive Income) (Consolidated Cumulative Period of 2Q)

(Millions of yen)

Six months ended September 30, 2024

Six months ended September 30, 2025

Comprehensive income attributable to owners of parent

8,273 15,818

Comprehensive income attributable to non-controlling

interests

807

1,072

(Millions of yen)

Six months ended September 30, 2024

Six months ended September 30, 2025

Cash flows from investing activities

Payments in long-term deposits (119) －

Decrease (increase) in time deposits (239) (1,491)

Purchase of property, plant and equipment (7,273) (9,310)

Proceeds from withdrawal of long-term deposits － 7

Purchase of intangible assets (969) (2,443)

Proceeds from sales of property, plant and equipment 408 13

Proceeds from sales of investment securities 329 412

Purchase of investment securities (387) (447)

Proceeds from purchase of shares of subsidiaries

resulting in change in scope of consolidations

4,588

1,492

Payments for acquisition of businesses (3) (1,585)

Decrease (increase) in short-term loans receivable (3) 0

Proceeds from sale of shares of subsidiaries and associates

- 130

Proceeds from collection of long-term loans receivable 32 39

Payments of long-term loans receivable (20) (42)

Other (882) 1,768

Proceeds from refund of leasehold and guarantee deposits

74 23

Cash flows from financing activities

Net cash provided by (used in) investing activities (4,464) (11,433)

Proceeds from long-term borrowings 120 110

Net increase (decrease) in short-term borrowings 2,580 1,116

Proceeds from issuance of bonds － 100

Repayments of long-term borrowings (434) (440)

Purchase of treasury stock (15,000) －

Redemption of bonds － (200)

Dividends paid (7,511) (6,499)

Repayments of lease liabilities (3,000) (3,107)

Purchase of shares of subsidiaries not resulting in

change in scope of consolidation

(1,393)

(220)

Dividends paid to non-controlling interests (705) (650)

Effect of exchange rate change on cash and cash

equivalents

61

(97)

Net cash provided by (used in) financing activities (25,345) (9,790)

Cash and cash equivalents at beginning of period 69,162 60,018

Net increase (decrease) in cash and cash equivalents (9,934) 330

Cash and cash equivalents at end of period 59,228 60,348

[Segment Information]

Ⅰ Consolidated Cumulative Period of 2Q of Preceding Fiscal Year (From April 1, 2024 to September 30, 2024)

1 Information on the amount of net sales and income (loss) and disaggregation of revenue by reportable segment

(Millions of yen)

Note 1.¥ (4,887) million adjustment to income by reportable segment represents common expenses that cannot be allocated to any specific reportable segment. These expenses are primarily general and administrative expenses not associated with any specific reportable segment.

2. Income by reportable segment is adjusted for the operating income per the consolidated statements of income.

2. Information on Impairment Loss and Goodwill in Non-current Assets by Reportable Segment (Significant Impairment Losses Pertaining to Non-current Assets)

There were no impairment losses attributed to reportable segments. The Company generated an impairment loss of ¥0 million not attributed to reportable segments, consisting mainly of ¥0 million on land.

(Significant Changes in Goodwill Amount)

Not applicable

(Significant Gain on Bargain Purchase)

During the interim consolidated accounting period, the gain on bargain purchase of ¥835 million was recorded due to the inclusion in the scope of consolidation of Nihon Guard Co., Ltd. This gain is not allocated to any specific reportable segments.

ⅠI Current consolidated Period of 2Q (From April 1, 2025 to September 30, 2025)

1. Information on the amount of net sales and income (loss) and disaggregation of revenue by reportable segment

   (Millions of yen)

   	Reportable segments					Adjustment (Note 1)	Amount recorded in the consolidated statement of income (Note 2)
   	Security Services	Facility Management Services etc.	Long-Term Care Services	Overseas Services	Total
   Net sales
   Contract revenue	187,994	22,086	27,360	13,044	250,485	-	250,485
   Construction revenue	3,484	12,733	8	23	16,248	-	16,248
   Sales revenue	18,393	5,556	41	612	24,602	-	24,602
   Revenue from contracts with customers	209,871	40,376	27,409	13,679	291,337	-	291,337
   Sales to external customers	209,871	40,376	27,409	13,679	291,337	-	291,337
   Intersegment sales and transfers	217	209	3	-	430	(430)	-
   Total	210,088	40,585	27,413	13,679	291,767	(430)	291,337
   Income (loss) by reportable segment	22,532	4,516	1,280	(427)	27,902	(5,382)	22,520
   Depreciation and amortization	8,288	778	1,117	106	10,290	10	10,300
   Amortization of goodwill	371	132	1,019	128	1,652	-	1,652

   Note 1. ¥ (5,382) million adjustment to income by reportable segment represents common expenses that cannot be allocated to any specific reportable segment. These expenses are primarily general and administrative expenses not associated with any specific reportable segment.

2. Income by reportable segment is adjusted for the operating income per the consolidated statements of income.

2. Information on Impairment Loss and Goodwill in Non-current Assets by Reportable Segment (Significant Impairment Losses Pertaining to Non-current Assets)

There were no impairment losses attributed to reportable segments. The Company generated an impairment loss of ¥0 million not attributed to reportable segments, consisting mainly of ¥0 million on land.

(Significant Changes in Goodwill Amount)

During the interim consolidated accounting period, the Company executed an absorption-type company split in which FUJITSU HOME & OFFICE SERVICES LIMITED was the splitting company and ALSOK Facilities Co., Ltd., a consolidated subsidiary of the Company, was the successor company. In addition, the Company transferred businesses from FUJITSU HOKUSHIN CONSTRUCTION LIMITED and FUJITSU TOCHIGI CONSTRUCTION LIMITED to ALSOK

Facilities Co., Ltd. as the transferee company. As a result of these transactions, there was a significant increase in goodwill, amounting to ¥1,550 million. The goodwill arising from these transactions has not been allocated to any reportable segment. (Significant Gain on Bargain Purchase)

Not applicable