Summary of Consolidated Financial Statements for the Three Months Ended March…

[Note : This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.]

May 14, 2026

Company name HORIBA, Ltd. Listed stock exchanges: Tokyo

Listing code 6856 URL: https://www.horiba.com/int/

Representative Masayuki Adachi, President TEL: (81)75-313-8121 Contact Toyota Uenaka, Department Manager, Finance and Accounting Dept.

Scheduled date to commence dividend payments: －

Preparation of supplementary material on financial results: Yes

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

(Figures have been rounded down to the nearest million yen)

1. Consolidated Results for the Three Months Ended March 31, 2026 (January 1, 2026 - March 31, 2026)

   1. Consolidated Operating Results (Percentages represent changes from the corresponding in the previous year)

      	Net Sales		Operating Income		Ordinary Income		Net Income Attributable to HORIBA, Ltd.'s Shareholders
      Three Months Ended 3/31/26 Three Months Ended 3/31/25	Millions of yen 84,529 71,877	% 17.6 2.3	Millions of yen 12,480 11,755	% 6.2 17.4	Millions of yen 12,733 11,629	% 9.5 14.4	Millions of yen 8,656 8,113	% 6.7 15.4

      (Note) Comprehensive income: FY2026Q1 11,569 million yen ( －%) FY2025Q1 (927) million yen (－%)

      	Net Income Attributable to HORIBA, Ltd.'s Shareholders per Share	Net Income Attributable to HORIBA, Ltd.'s Shareholders per Share (Diluted)
      	Yen	Yen
      Three Months Ended 3/31/26	206.13	205.14
      Three Months Ended 3/31/25	193.39	192.40

   2. Consolidated Financial Position

   	Total Assets	Net Assets	Shareholders' Equity Ratio
   	Millions of yen	Millions of yen	%
   As of 3/31/26	511,991	344,670	67.2
   As of 12/31/25	518,279	348,640	67.1

   (Reference) Net assets excluding subscription rights to shares and non-controlling interests: As of 3/31/26 344,008 million yen As of 12/31/25 347,981 million yen

2. Dividends

   	Dividend per Share
   	First Quarter	Second Quarter	Third Quarter	Year End	Total
   FY 12/2025 FY 12/2026	Yen - -	Yen 80.00	Yen -	Yen 370.00	Yen 450.00
   FY 12/2026 (Forecast)		150.00	-	340.00	490.00

   (Note) Changes in the latest dividend forecasts released: None

3. Consolidated Forecasts for the Year Ending December 31, 2026 (January 1, 2026 - December 31, 2026)

(Percentages represent changes from the same period in the previous year)

(Note) Changes in the latest business forecasts released: Yes

1. Significant changes in the scope of consolidation during the period: Yes

   Newly included: 2 companies (Pristine Deeptech Private Limited [India] , HORIBA Australia Pty Ltd [Australia])

2. Application of the accounting method specific to quarterly consolidated financial statements: Yes

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

   1. Changes in accounting policies associated with revision of accounting standards: None

   2. Changes in accounting policies arising from other than the above: None

   3. Changes in accounting estimates: None

   4. Retrospective restatement: None

4. Number of shares outstanding (common stock)

   March 31, 2026	42,233,252	December 31, 2025	42,233,252
   March 31, 2026	237,367	December 31, 2025	237,318
   Jan. - Mar., 2026	41,995,893	Jan. - Mar., 2025	41,952,499

   1. Shares issued (including treasury stock)

   2. Treasury stock

   3. Average number of outstanding shares

Note 1. Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

Note 2. Appropriate use of business forecasts and other important information

The forecasts of dividend amount and business performance contained in this report have been made based on certain future assumptions, outlooks, and plans which are available at the HORIBA Group as of May 14, 2026.

However, due to risks and various uncertain factors such as future business operation policies, changes in the economic environment in Japan and overseas, fluctuation of currency rates, it is possible that actual performance would vary considerably from the forecasts.

1. Consolidated Balance Sheets

   Amount: Millions of yen

   	FY2025 (As of December 31, 2025)	FY2026 First Quarter (As of March 31, 2026)
   Assets Current Assets: Cash and bank deposits Notes and accounts receivable - trade, and contract assets Marketable securities Merchandise and finished goods Work in process Raw materials and supplies Other current assets Allowance for doubtful accounts Total Current Assets Fixed Assets: Property, Plant and Equipment: Buildings and structures, net Machinery, equipment and vehicles, net Land Construction in progress Other property, plant and equipment, net Total Property, Plant and Equipment Intangibles: Goodwill Software Leasehold interests in land Other intangibles Total Intangibles Investments and Other Non-Current Assets: Investment securities Retirement benefit asset Deferred tax assets Other investments and other assets Allowance for doubtful accounts Total Investments and Other Non-Current Assets Total Fixed Assets Total Assets	162,339	150,862
   	82,192	79,595
   	2,228	2,061
   	31,652	31,924
   	24,325	26,383
   	38,765	37,938
   	12,306	12,733
   	(1,580)	(1,656)
   	352,229	339,843
   	62,833	75,447
   	19,491	20,210
   	22,333	22,296
   	21,734	13,178
   	5,753	5,876
   	132,147	137,008
   	1,984	1,870
   	861	993
   	1,419	1,432
   	2,179	2,117
   	6,445	6,413
   	17,126	18,206
   	2,855	2,892
   	5,975	6,123
   	1,553	1,554
   	(53)	(50)
   	27,457	28,725
   	166,050	172,147
   	518,279	511,991

   Amount: Millions of yen

   	FY2025 (As of December 31, 2025)	FY2026 First Quarter (As of March 31, 2026)
   Liabilities Current Liabilities: Trade notes and accounts payable Short-term loans payable Current portion of bonds Accounts payable - other Accrued income taxes Contract liabilities Accrued bonuses to employees Accrued bonuses to directors and corporate auditors Reserve for product warranty Provision for business restructuring Provision for environmental measures Other current liabilities Total Current Liabilities Non-Current Liabilities: Corporate bonds Long-term loans payable Provision for environmental measures Deferred tax liabilities Retirement benefit liability Other non-current liabilities Total Non-Current Liabilities Total Liabilities Net Assets Shareholders' Equity Common stock Capital surplus Retained earnings Treasury stock Total Shareholders' Equity Accumulated Other Comprehensive Income Net unrealized holding gains or losses on securities Foreign currency translation adjustments Remeasurements of defined benefit plans Total Accumulated Other Comprehensive Income Subscription Rights to Shares Non-Controlling Interests Total Net Assets Total Liabilities and Net Assets	19,595 12,189 15,000 25,755 5,554 23,575 3,438 -3,643 1,219 320 7,686	21,473 8,980 15,000 22,661 5,082 24,267 4,528 216 3,576 1,205 320 8,191
   	117,978	115,503
   	15,000 24,294 44 866 2,366 9,088	15,000 23,989 44 1,049 2,514 9,218
   	51,660	51,816
   	169,639	167,320
   	12,011 18,624 267,469 (2,402)	12,011 18,624 260,587 (2,403)
   	295,703	288,820
   	8,622 42,725 930	9,359 44,930 898
   	52,278	55,188
   	621 37	621 40
   	348,640	344,670
   	518,279	511,991

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

Amount: Millions of yen

HORIBA, Ltd. (Consolidated)