Consolidated Financial Results for the Six Months Ended September 30, 2025（PDF：284KB）

October 28, 2025

Company name: INES Corporation Listing: Tokyo Stock Exchange Securities code: 9742

URL: https://www.ines.co.jp/en/

Representative: Shuji Hattori, President and Representative Director

Contacts: Satoshi Numazaki, General Manager, Corporate Staff Division Tel: +81-3-6775-4401

Scheduled date to file semi-annual securities report: November 12, 2025 Scheduled date to commence dividend payments: December 5, 2025 Preparation of supplementary material on financial results: Yes

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

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the six months ended September 30, 2025 (April 1, 2025 to September 30, 2025)
   1. Consolidated operating results (cumulative) (Figures in percentages denote year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Six months ended September 30, 2025 September 30, 2024	Millions of yen 16,486 18,631	% (11.5) (5.0)	Millions of yen (920) 876	% - 2.4	Millions of yen (801) 898	% - 0.9	Millions of yen (601) 537	% -13.5

      Note: Comprehensive income	For the six months ended September 30, 2025:	¥(455) million	[-%]
      	For the six months ended September 30, 2024:	¥557 million	[(9.0)%]

      	Profit per share	Fully diluted profit per share
      Six months ended September 30, 2025 September 30, 2024	Yen (28.92) 25.83	Yen - -

   2. Consolidated financial position

   	Total assets	Net assets	Equity ratio
   As of September 30, 2025 March 31, 2025	Millions of yen 50,669 56,727	Millions of yen 38,134 39,192	% 75.3 69.1

   Reference: Shareholders' equity

   As of September 30, 2025: ¥38,134 million As of March 31, 2025: ¥39,192 million

2. Dividends

   	Dividends per share
   	End of Q1	End of Q2	End of Q3	Fiscal year end	Annual
   	Yen - -	Yen	Yen -	Yen	Yen
   Fiscal year ended March 31, 2025		25.00		30.00	55.00
   Fiscal year ending March 31, 2026		25.00
   Fiscal year ending March 31, 2026 (Forecast)			-	30.00	55.00

   Note: Revisions to the forecast of cash dividends most recently announced: Yes

   The Company has decided to pay a second quarter-end dividend of ¥25 for the fiscal year ending March 31, 2026 (forecast). In addition, the annual dividend forecast, including the year-end dividend, was revised to ¥55. For details, please refer to the "Notice Concerning Revision of Earnings Forecasts, Determination of Dividends of Surplus (Interim Dividend) and Revision of Year-End Dividend Forecast" released today (October 28, 2025).

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

(Figures in percentages denote year-on-year changes.)

Note: Revisions to the earnings forecasts most recently announced: Yes

For details on the revisions to the consolidated earnings forecasts, please refer to the "Notice Concerning Revision of Earnings Forecasts, Determination of Dividends of Surplus (Interim Dividend) and Revision of Year-End Dividend Forecast" released today (October 28, 2025).

1. Significant changes in the scope of consolidation during the period: No

2. Adoption of accounting treatment specific to the preparation of semi-annual consolidated financial statements: Yes

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

   1. Changes in accounting policies associated with the revision of accounting standards, etc.: No

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

   3. Changes in accounting estimates: No

   4. Restatement: No

4. Number of issued shares (common shares)

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

      As of September 30, 2025	20,900,000 shares
      As of March 31, 2025	20,900,000 shares

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

      As of September 30, 2025	86,907 shares
      As of March 31, 2025	99,687 shares

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

• Semi-annual consolidated financial statements are placed outside the scope of reviews performed by certified public accountants or audit corporations.

• Explanation regarding the proper use of results forecasts and other important notes (Disclaimer regarding forward-looking statements)

Forward-looking statements such as results forecasts provided in this document are prepared based on currently available information and assumptions that are deemed reasonable, but the Company does not intend to guarantee their achievement. Actual results may differ significantly from the above forecasts for various reasons.

INES Corporation (9742)

Assets

(Millions of yen) As of March 31, 2025 As of September 30, 2025

Current assets

INES Corporation (9742)

Liabilities

(Millions of yen) As of March 31, 2025 As of September 30, 2025

Current liabilities

Non-current liabilities