Notice of Differences Between Consolidated Financial Results Forecasts and Actual Results for the Six Months Ended September 30, 2025, Revision to ～

To whom it may concern:

November 12, 2025

Company name: Carlit Co., Ltd. (URL: https://www.carlithd.co.jp)

Representative: Hirofumi Kaneko, Representative Director and President (Securities code: 4275; Prime Market of the Tokyo Stock Exchange) Inquiries: Akira Yamamoto, General Manager of Finance Department

(TEL: +81-3-6893-7075)

Notice of Differences Between Consolidated Financial Results Forecasts and Actual Results for the Six Months Ended September 30, 2025, Revision to Full-Year Consolidated Financial Results Forecasts and Revision to Dividend Forecasts

Carlit Co., Ltd. (hereafter "the Company") hereby announces that there were differences between the consolidated financial results forecasts for the six months ended September 30, 2025 that were announced on May 15, 2025 and the actual results that were announced today. The details are as follows. The Company additionally announces that it has revised full-year consolidated financial results forecasts for the fiscal year ending March 31, 2026 and the dividend forecasts.

1. Differences Between the Consolidated Financial Results Forecasts and the Actual Results for the Six Months Ended September 30, 2025 (from April 1, 2025 to September 30, 2025)

2. Reason for the Differences

   In addition to the solid demand in the domestic market, our sales efforts, such as the reflection of fair prices, and cost reductions in general and administrative expenses and other related expenses, have led to solid performances in the Chemical Products segment's Explosives, Electronic materials, and Ceramics, as well as in the Metal Working segment and in the Engineering Services segment. Accordingly, the actual results have exceeded the initial forecasts.

   	Net sales	Operating profit	Ordinary profit	Profit attributable to owners of parent	Basic earnings per share
   Previous forecasts (A)	Millions of yen	Millions of yen	Millions of yen	Millions of yen	Yen
   	39,000	3,100	3,350	2,700	117.04
   Revised forecasts (B)	38,000	3,500	3,700	2,850	125.25
   Changes (B - A)	(1,000)	400	350	150	-
   Changes (%)	(2.6)	12.9	10.5	5.6	-
   (Reference) Results of the fiscal year ended March 31, 2025	36,914	3,046	3,320	2,570	109. 07

3. Revision to Full-Year Consolidated Financial Results Forecasts for the Fiscal Year Ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

4. Reason for the Revision

   For the fiscal year ending March 31, 2026, after taking into account the actual results for the six months ended September 30, 2025, and considering the second half of the fiscal year is expected to progress smoothly in line with the initial plan, it is anticipated that operating profit will cover for the shortfall in sales and that the financial results will exceed the initial forecast. After taking into account the above matters, the Company has revised its financial results forecasts for net sales, operating profit, ordinary profit and profit attributable to owners of

   parent.

5. Revision to Dividend Forecasts

   Record date	Annual dividends per share
   	2nd quarter-end	Fiscal year-end	Total
   Previous forecasts (announced on May 15, 2025)	Yen	Yen	Yen
   	0.00	36.00	36.00
   Revised forecasts	-	38.00	38.00
   Results for the current fiscal year	0.00	-	-
   Results for the fiscal year ended March 31, 2025	0.00	36.00	36.00

6. Reason for the Revision to Dividend Forecasts

The Company sets out in its Group financial policy to provide appropriate shareholder returns based on an optimal capital structure, with a target dividend payout ratio of 30% or more.

As for the forecast of the year-end dividend for the current fiscal year, in light of the upward revision to profit attributable to owners of parent stated above, the Company plans to set the ordinary dividend at ¥38.00 per share, which is an increase of ¥2.0 per share from the initial forecast.

(Note) The forecast figures shown above are prepared based on information available to the Company as of the announcement date of this material. Due to various future factors, actual financial results may differ from the forecast figures.