Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2026

Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Consolidated Financial Results

for the Third Quarter of the Fiscal Year Ending March 31, 2026 (Based on Japanese GAAP)

February 6, 2026

Company name: Azbil Corporation

Stock exchange listing: Tokyo Stock Exchange Prime market (Code 6845) URL: https://www.azbil.com/

Representative: Kiyohiro Yamamoto

Director, President and Group Chief Executive Officer

Contact: Kazuhisa Yamazaki

General Manager, Accounting Department, Group Management Headquarters

Phone: +81-3-6810-1009

Scheduled date to commence dividend payments: － Preparation of supplementary materials on financial results: Yes Holding of financial results meeting: No

(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the nine months ended December 31, 2025 (from April 1, 2025 to December 31, 2025)

   1. Consolidated financial results (cumulative) Percentages indicate year-on-year changes

      	Net sales		Operating income		Ordinary income		Net income attributable to owners of parent
      Nine months ended December 31, 2025 Nine months ended December 31, 2024	Millions of yen 208,055 217,907	% (4.5) 6.1	Millions of yen 29,226 26,800	% 9.1 15.5	Millions of yen 30,717 28,042	% 9.5 14.4	Millions of yen 22,678 28,695	% (21.0) 49.7

      Note: Comprehensive income Nine months ended December 31, 2025 30,250 million yen 2.7%

      Nine months ended December 31, 2024 29,452 million yen 20.1%

      	Net income per share	Diluted net income per share
      	Yen	Yen
      Nine months ended December 31, 2025	44.51	-
      Nine months ended December 31, 2024	54.42	-

      Note: Azbil Corporation ("the Company") implemented a 4-for-1 common stock split effective on October 1, 2024. "Net income per share" has been calculated as if the stock split had been implemented at the beginning of the previous fiscal year.

   2. Consolidated financial position

      	Total assets	Net assets	Shareholders' equity ratio
      	Millions of yen	Millions of yen	%
      As of December 31, 2025	303,899	239,252	77.8
      As of March 31, 2025	315,072	240,517	75.3

      Reference: Shareholders' equity As of December 31, 2025 236,284 million yen

      As of March 31, 2025 237,205 million yen

2. Dividends

   	Dividend per share
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Fiscal year-end	Total
   Year ended March 31, 2025 Year ending March 31, 2026	Yen - -	Yen 44.00 13.00	Yen - -	Yen 13.00	Yen -
   Year ending March 31, 2026 (forecast)				13.00	26.00

   Note: Revisions to the dividend forecast most recently announced: No

   The total annual dividend for the year ended March 31, 2025 is left blank, shown as a "－". This is due to the following reasons. The Company implemented a 4-for-1 common stock split effective on October 1, 2024. As regards dividend per share for the year ended March 31, 2025, the 2nd quarter-end dividend is applied to shares held prior to the stock split, while the fiscal year-end dividend is applied to shares held after the stock split. If the stock split were taken into account, the total annual dividend for the year ended March 31, 2025 would be 24.00 yen per share.

3. Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

Percentages indicate year-on-year changes

Note: Revisions to the consolidated financial results forecast most recently announced: No

The Company completed repurchasing its own stock and readopted a Trust-Type Employee Shareholding Incentive Plan, pursuant to the resolution of the Board of Directors meeting held on May 13, 2025. Also, the Company canceled treasury shares on May 30, 2025. The impact of these matters as of December 31, 2025 has been taken into account for "Net income per share" in the forecast of consolidated financial results. For details, please see "Notes regarding significant change in shareholders' equity" in "2. Consolidated quarterly financial statements and related notes (3) Notes to the consolidated quarterly financial statements" on page 16 of the accompanying document.

• Notes

  1. Significant changes in the scope of consolidation during the nine months ended December 31, 2025: Newly included: one company (Azbil Information Technology Center (Dalian) Co., Ltd.)

     Yes

  2. Application of special accounting methods for preparing consolidated quarterly financial statements: No

  3. Changes in accounting policies, changes in accounting estimates, and retrospective restatements

     1. Changes in accounting policies accompanying revision of accounting standards, etc.: No

     2. Changes in accounting policies other than (a) above: No

     3. Changes in accounting estimates: No

     4. Retrospective restatements: No

  4. Number of issued shares (common stock)

     1. Total number of issued shares at the end of the period (including treasury shares)

        As of December 31, 2025

        541,372,736 shares

        As of March 31, 2025

        560,672,736 shares

     2. Number of treasury shares at the end of the period

        As of December 31, 2025

        33,630,225 shares

        As of March 31, 2025

        43,892,273 shares

     3. Average number of shares during the period (cumulative from the beginning of the fiscal year)

Notes: 1. The Company implemented a 4-for-1 common stock split effective on October 1, 2024. The total number of issued shares, the number of treasury shares and the average number of shares during the period have been calculated as if the stock split had been implemented at the beginning of the previous fiscal year.

2. The Company has introduced an employee stock ownership plan, a Trust-Type Employee Shareholding Incentive Plan and a stock compensation plan. The number of treasury shares at the end of the period includes the Company's stock held by trust accounts of these plans (10,107,580 shares as of December 31, 2025; 11,908,397 shares as of March 31, 2025). Also, the Company's stock held by these trust accounts is included in treasury shares that are deducted in the calculation of the average number of shares during the period (13,152,142 shares for the nine months

ended December 31, 2025; 9,988,115 shares for the nine months ended December 31, 2024).

Contents

1. Overview of financial results and others 2

   1. Overview of financial results 3

   2. Overview of financial position 8

   3. Forecast of consolidated financial results 9

2. Consolidated quarterly financial statements and related notes 11

   1. Consolidated quarterly balance sheets 11

   2. Consolidated quarterly statements of income and consolidated quarterly

      statements of comprehensive income 13

      Consolidated quarterly statements of income 13

      Consolidated quarterly statements of comprehensive income 14

   3. Notes to the consolidated quarterly financial statements 15

Notes regarding going concern assumptions 15

Notes on consolidated quarterly statements of cash flows 15

Notes regarding significant change in shareholders' equity 16

Notes on segment information 17

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Based on the Group philosophy of "human-centered automation", the azbil Group strives-through business expansion-to contribute "in series" to the achievement of a sustainable society. In this way we aim to continuously improve enterprise value, endeavoring to realize the well-being of society as well as group employees, while building relationships of trust with all stakeholders.

Consequently, we have set long-term targets Note 1 for FY2030, aiming to achieve net sales of

420.0 billion yen, operating income of 65.0 billion yen, an operating margin of 15.5%, and an ROE of 15%. To achieve these long-term targets, the medium-term plan (FY2025-FY2027) Note 2 sets the following as targets for FY2027, the final year of the plan: net sales of 340.0 billion yen, operating income of 51.0 billion yen, an operating margin of 15.0%, and an ROE of 14.0%.

With a view to attaining our long-term targets for FY2030, this medium-term plan represents our commitment to Evolution and Co-creation aimed at contributing "in series" to the achievement of a sustainable society. Faced with global geopolitical risks, the impact of U.S. reciprocal tariffs, inflation and other challenges, we anticipate that considerable uncertainty will continue to affect the business environment. Nevertheless, while working to enhance profitability in our core businesses-based on the strong relationships built up over many years with our extensive customer base (factories, plants, commercial buildings, lifeline utilities, etc.)-we see fresh business opportunities in solving social issues that arise from new technological innovations, such as in semiconductors, and from changes in the social environment, such as initiatives to achieve carbon neutrality. By focusing on these growth businesses, we aim to achieve future business expansion.

In addition, by developing new customers in our growth businesses and providing them with a steady supply of products and services, we will expand the customer base in our core businesses and, moreover, we will realize growth by providing these customers with solutions to the new issues facing them. In this way, the azbil Group characteristically creates a business cycle in which growth leads to strengthening the core business which in turn generates more growth. We will actively invest in strengthening our human capital, enhancing product competitiveness, and advancing DX in order to consolidate and enhance this unique business model. Specifically, we are engaged in securing and training human resources that align with our business strategy, developing highly competitive products as well as DX-related products and services that satisfy customer needs, enhancing operational efficiency and profitability through the application of DX to in-house operations, and strengthening our global production system.

Moreover, we are continuing to ensure management that is conscious of the cost of capital, restructuring and optimizing our business portfolio, and at the same time implementing sustainability management. We have identified materiality as ten material issues across five areas, and we have established the essential goals of the azbil Group for the SDGs as well as the goal of discharging the fundamental obligations that a company must fulfill in order to continue to exist in society. We are advancing initiatives to achieve these goals.

Building on the results achieved under the previous medium-term plan, we will endeavor to realize the well-being of society as well as group employees through business expansion, by making contributions that lead "in series" to a sustainable society, based on the themes of Evolution and Co-creation.

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