Results for the Fiscal Year Ending March 31, 2026 and Mid-Term Management Plan - Outline picture as pdf PDF

(Million yen)

FY25/3 Q4

FY26/3 Q4

QoQ

FY25/3 Q3

YoY

Amount

Amount

Amount

Pct. change

Amount

Amount

Pct. change

Net sales

77,287

70,665

6,622

109.4%

72,025

5,262

107.3%

Cost of sales

57,874

49,541

8,332

116.8%

55,146

2,727

104.9%

Gross profit

19,413

21,123

-1,709

91.9%

16,878

2,534

115.0%

SG&A expenses

13,691

13,616

74

100.6%

12,485

1,206

109.7%

Operating profit

5,721

7,506

-1,784

76.2%

4,393

1,328

130.2%

Ordinary profit

6,426

6,713

-286

95.7%

5,041

1,385

127.5%

Profit (loss) attributable to

non controlling interests

871

773

97

112.6%

591

280

147.4%

Profit attributable to owners of parent

4,740

3,837

903

123.5%

3,080

1,660

153.9%

Depreciation and amortization

7,490

6,685

805

112.0%

6,376

1,114

117.5%

Exchange rate

(average during the period)

USD

149.78

147.78

152.24

RMB

20.87

20.48

21.12

Performance

• FY26/3 net sales ¥288.9B, OP ¥27.6B, profit attributable to owners of the parent ¥14.9B.

  Profit growth was constrained due to increased inventory write-downs at new factories and other factors.

• FY26/12 full-year forecast: net sales ¥350.0B, OP ¥38.0B, profit attributable to owners of the parent ¥23.0B.

Trends

• As AI-driven semiconductor investment and production continue to gain momentum, progress has been made in addressing

  Ex-China production needs of U.S. SPE customers, with strong inquiries and capacity expansion requests from customers.

• Increased investment and production in Chinese SPE are driving growing inquiries for metal OEM, ceramics, and other products, as advance customer engagement.

• In thermo-electric modules, inquiries for optical communication module applications remain robust.

CapEx

• The customer qualification and ramp-up at the Kulim, Malaysia factory are progressing smoothly. The second factory (ceramics, quartz, and metal OEM) is scheduled to commence operations in 2026. Given strong demand and further capacity expansion requests from customers, additional expansion is under consideration.

• A new Beijing factory (parts cleaning, metal OEM, and ceramics) is being established to strengthen customer engagement.

Shareholder Returns

• Plan to carry out share buybacks of up to ¥25.0B over the period from FY26/12 through FY28/12.

• For FY26/12, an increased dividend is planned, with a full-year dividend of ¥200 per share (ordinary dividend: ¥150, special

dividend: ¥50).

is document has been translated from the Japanese original. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. opyright © 2026 Ferrotec Corporation All Rights Reserved.

3

(Million yen)

FY26/3 Full-Year

FY26/12 Full-Year

Actual

Forecast

YoY(Ref.)

Net sales

288,933

350,000

121.1%

Operating profit

27,561

38,000

137.9%

Ordinary profit

26,063

36,000

138.1%

Profit attributable to owners of parent

14,886

23,000

154.5%

CapEx*

54,598

65,000

119.1%

Depreciation and amortization

27,426

32,172

117.3%

EBITDA

54,988

70,172

127.6%

Exchange rate

(average during the period)

USD

149.8

150.0

RMB

20.87

21.00

*CapEx = Total acquisition cost of property, plant, and equipment and intangible assets

FY26/3

FY26/12

FY27/12

FY28/12

（Million yen）

Actual

Forecast

Plan

Plan

Performance

Net sales

288,933

350,000

400,000

450,000

Operating profit

27,561

38,000

48,000

57,000

OP margin

9.5%

10.9%

12.0%

12.7%

Profit

14,886

23,000

30,000

38,000

Capital efficiency

ROE

6.0%

11.0%

ROIC*1

3.2%

7.0%

Financial

Equity Ratio

37.6%

40.0%

40.0%

40.0%

CapEx.

54,598

65,000

55,000

40,000

Returns

DPS*2（Annual）

148.0円

200.0円

Adopting DOE (Dividend on Equity, based on consolidated shareholders' equity*2), with a minimum floor of 3.5%. Flexible share buybacks will be considered, targeting a total shareholder return payout ratio of 50%.

is document has been translated

*1. Net profit attributable to owners of parent / (Interest-bearing debt + Net assets), excluding share subscription rights and non-controlling interests from net assets.

*2. Consolidated shareholders' equity = Share capital + Capital surplus + Retained earnings - Treasury shares. DOE = Total dividends paid ÷ Consolidated shareholders' equity.

from the Japanese original. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

6

opyright © 2026 Ferrotec Corporation All Rights Reserved.

Business Growth

• Expand production in Malaysia and other locations to address Ex-China manufacturing needs of Japanese, U.S., and European customers, while strengthening customer engagement in China to drive growth, as demand for semiconductor-related products continues to grow.

• With a particular focus on AI and data center-related businesses, pursue growth by expanding semiconductor-related, electronic devices, and automotive-related businesses.

Improving Profitability & Production Efficiency

• Increase profitability through production and efficiency improvements at the Malaysia (Kulim, Johor Bahru) factories.

• Drive group-wide cost management and reduction through PDCA cycles.

• Pursue improved production efficiency and enhanced competitiveness through digitalization, automation, and AI adoption.

• Advance and strengthen the development of new products and technologies, maintaining rigorous quality control under the principle that "Quality is Everything."

Strengthening Human Capital & Corporate Culture

• Recognize corporate culture as the foundation of the Company, and continue to promote the guiding principles of "Respect for customers, respect for employees, value for diligence and integrity, steadfast action, and pursuit of innovation."

• Prioritize human capital as a key management strategy, driving recruitment and development of talent.

Financial Strategy &

Shareholder Returns

• To strengthen shareholder returns, adopt DOE with a minimum floor of 3.5%, flexibly consider share buybacks taking into account financial conditions and other factors, and aim for a total return ratio of 50% - unchanged.

• Plan to divest group assets of ¥50.0B over the period from FY26/3 through FY27/12.

• Plan to carry out share buybacks of up to ¥25.0B over the period from FY26/12 through FY28/12.

document has been translated from the Japanese original. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

yright © 2026 Ferrotec Corporation All Rights Reserved.

• CapEx*

33,919

14,297

33,827

56,977

75,226

51,777

54,598

65,000

55,000

40,000

vs. Previous Plan

-

-

-

-

-

-10,400

+20,000

+25,000

-

-

• D&A

7,600

9,155

8,085

12,618

16,398

23,672

27,426

32,172

36,684

39,671

Thermo-Electric Modules, Vacuum Feedthrough, Quarts, Ceramics, Si Parts, Metal OEM, Blades, Si Wafer

Metal OEM, Quarts, Ceramics

EB-Gun

Power Semi Substrates, Si Wafer, Parts Cleaning

Vacuum Feedthrough, Ferrofluid

Si Parts

Crucible, Semiconductor Ingots, Si Parts

Ceramics

Parts Cleaning, Reclaim Wafer, SiC Wafer

Thermo-Electric Modules

CVD-SiC

Power Semi Substrates, Quarts

Quarts

Thermo-Electric Modules

Quarts, Thermo-Electric Modules, Metal OEM

United States

Parts Cleaning

Thermistor Sensor, Semiconductor Wafer

Thermo-Electric Modules

Vacuum Feedthrough, Ferrofluid

Parts Cleaning

Vacuum Coating System

Dailian

Parts Cleaning

Parts Cleaning

Vacuum Feedthrough, Components

Parts Cleaning