Furukawa Electric : Financial Summary for the Fiscal Year Ended March 31, 2026

[Japanese Accounting Standards] (Consolidated)

May 12, 2026

(Figures are rounded down to the nearest one million yen.)

1. ‌Consolidated earnings for the fiscal year ended March 31, 2026 (April 1, 2025 through March 31, 2026)

   1. Consolidated business results (Figures in percentages denote the year-on-year change)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      	Million yen	％	Million yen	％	Million yen	％	Million yen	％
      Ended March 31, 2026	1,307,560	8.8	63,856	35.8	75,858	56.4	72,514	117.4
      Ended March 31, 2025	1,201,762	13.7	47,032	321.0	48,506	372.4	33,357	412.5

      (Note) Comprehensive income:

      Ended March 31, 2026: 85,389 million yen [53.8%] Ended March 31, 2025: 55,517 million yen [58.7%]

      	Basic earnings per share	Diluted earnings per share	Return on equity	Ordinary profit margin on total assets	Operating profit margin on sales
      	Yen	Yen	%	%	%
      Ended March 31, 2026	1,030.17	-	19.1	7.4	4.9
      Ended March 31, 2025	473.36	-	10.0	4.9	3.9

      (Reference) Share of profit (loss) of entities accounted for using equity method:

      Ended March 31, 2026: 16,535 million yen Ended March 31, 2025: 10,602 million yen

      (Note) In the fiscal year ended March 31, 2026, a determination was made on the provisional accounting treatment concerning business combination, and the details of the determined provisional accounting treatment have been reflected in the figures for the fiscal year ended March 31, 2025.

   2. Consolidated financial status

      	Total assets	Net assets	Equity capital ratio	Net assets per share
      	Million yen	Million yen	％	Yen
      Ended March 31, 2026	1,066,372	435,231	39.1	5,928.21
      Ended March 31, 2025	988,052	373,766	34.6	4,844.82

      (Reference) Equity capital:

      Ended March 31, 2026: 417,048 million yen Ended March 31, 2025: 341,430 million yen

      (Note) In the fiscal year ended March 31, 2026, a determination was made on the provisional accounting treatment concerning business combination, and the details of the determined provisional accounting treatment have been reflected in the figures for the fiscal year ended March 31, 2025.

   3. ‌Consolidated cash flows

   	Net cash provided by (used in) operating activities	Net cash provided by (used in) investing activities	Net cash provided by (used in) financing activities	Cash and cash equivalents at end of period
   	Million yen	Million yen	Million yen	Million yen
   Ended March 31, 2026	28,116	(47,137)	19,930	70,474
   Ended March 31, 2025	59,833	(7,235)	(44,150)	66,092

2. ‌Dividends

   	Dividend per share					Total cash dividends (yearly)	Dividends payout ratio (consolidated)	Net assets dividend ratio (consolidated)
   	End of 1st quarter	End of 2nd quarter	End of 3rd quarter	End of year	Total
   	Yen	Yen	Yen	Yen	Yen	Million yen	%	%
   Ended March 31, 2025	-	0.00	-	120.00	120.00	8,473	25.4	2.5
   Ended March 31, 2026	-	0.00	-	210.00	210.00	14,829	20.4	3.9
   Ending March 31, 2027 (forecast)	-	11.00	-	11.00	22.00		18.9

   1. For details, refer to the "Notice Regarding Differences between FY2025 Consolidated Results Forecast and Actual Results, Dividend from Surplus, and Revision of Shareholder Return Policy" announced on May 12, 2026.

   2. Given the planned 10-for-1 stock split of common shares effective July 1, 2026, the annual dividend per share for the fiscal year ending March 31, 2027 (forecast) is presented on a post-split basis. For reference, the pre-split equivalent is JPY 220. For details, refer to the "Notice Regarding the Stock Split and Partial Amendments to the Articles of Incorporation following the Stock Split" announced on May 12, 2026.

3. ‌Financial forecasts of consolidated operating results for fiscal year ending March 31, 2027 (April 1, 2026 to March 31, 2027)

(Figures in percentages denote the year-on-year change for full-year results and the year-on-year change compared with the corresponding quarter of the previous fiscal year for quarterly results.)

‌(Note) Given the plan to conduct a 10-for-1 stock split of common shares effective July 1, 2026, basic earnings per share in the (full-year) forecast for the fiscal year ending March 31, 2027 is stated taking into account the number of shares after the stock split. For reference, if the impact of the stock split is not taken into account, the forecast of basic earnings per share for the 1st half (cumulative) of the fiscal year ending March 31, 2027 would be JPY 355.37 and that for the full-year would be JPY 1,165.60.

‌* Noted items

(Note) The number of treasury shares at the end of the term and the number of treasury shares deducted in calculating the average number of shares during the year include the Company's stock held in the trust account relating to Board Benefit Trust (BBT).

(Reference) Summary of non-consolidated financial results

1. Non-consolidated earnings for the fiscal year 2025 ended March 31, 2026 (April 1, 2025 through March 31, 2026)

1. Non-consolidated business results (Figures in percentages denote the year-on-year change)

   	Net sales		Operating profit		Ordinary profit		Net profit
   	Million yen	%	Million yen	%	Million yen	%	Million yen	%
   Ended March 31, 2026	386,945	9.5	5,601	270.0	29,195	123.7	60,932	88.1
   Ended March 31, 2025	353,520	19.1	1,513	-	13,048	-	32,390	-

   	Basic earnings per share	Diluted earnings per share
   	Yen	Yen
   Ended March 31, 2026	865.41	-
   Ended March 31, 2025	459.52	-

2. Non-consolidated financial status

   	Total assets	Net assets	Equity capital ratio	Net assets per share
   	Million yen	Million yen	%	Yen
   Ended March 31, 2026	732,871	296,546	40.5	4,214.20
   Ended March 31, 2025	642,568	239,517	37.3	3,397.80

   (Reference) Equity capital:

   Ended March 31, 2026: 296,546 million yen Ended March 31, 2025: 239,517 million yen

   • This financial summary is not subject to auditing procedures.

   • Explanation about the proper use of financial forecasts and other special remarks

The above forecasts have been prepared based on information available at the time of the announcement and assumptions at the time of the announcement associated with uncertain factors that may affect the Company's performance in the future. Actual results may differ materially from the forecasts presented in this document, depending on various factors in the future.

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