Consolidated Financial Results for the Fiscal Year Ended March 31, 2026

April 30, 2026

Company name: Itochu Enex Co., Ltd.

Listing: Tokyo Stock Exchange

Stock code: 8133

URL: https://www.itcenex.com/english/

Representative: Nobuyuki Tabata, Representative Director, President

Contact: Shigemi Kishibe, General Manager, Finance & General Accounting Department Tel: +81-3-4233-8008

Scheduled date of ordinary general meeting of shareholders: June 17, 2026

Scheduled date to commence dividend payments: June 18, 2026

Scheduled date to file annual securities report: June 16, 2026 Preparation of supplementary results briefing material on financial results: Yes

Holding of financial results presentation meeting: Yes (for institutional

investors and analysts)

(Millions of yen with fractional amounts rounded, unless otherwise noted)

1. Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

   1. Consolidated operating results (Percentages indicate year-on-year changes.)

      	Revenue		Profit from operating activities		Profit before tax		Net profit		Net profit attributable to Itochu Enex's shareholders		Comprehensive income
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	851,235	(7.9)	24,146	(10.2)	26,015	(7.7)	18,343	(9.4)	16,058	(6.1)	19,090	(1.7)
      March 31, 2025	924,481	(4.0)	26,896	14.0	28,173	14.1	20,245	19.1	17,102	23.2	19,424	5.0

      	Basic earnings per share attributable to Itochu Enex's shareholders	Diluted earnings per share attributable to Itochu Enex's shareholders	Return on equity obtained as the net profit attributable to Itochu Enex's shareholders to total shareholders' equity	Ratio of profit before tax to total assets	Ratio of profit from operating activities to revenue
      Fiscal year ended March 31, 2026 March 31, 2025	Yen 142.28 151.63	Yen - -	% 9.1 10.2	% 5.8 6.4	% 2.8 2.9

      Reference: Share of profit (loss) of investments accounted for by the equity method For the fiscal year ended March 31, 2026: ¥2,392 million

      For the fiscal year ended March 31, 2025: ¥1,779 million

   2. Consolidated financial position

      	Total assets	Total equity	Total shareholders' equity	Ratio of shareholders' equity to total assets	Shareholders' equity per share
      As of March 31, 2026 March 31, 2025	Millions of yen 452,690 442,150	Millions of yen 210,535 202,747	Millions of yen 181,772 172,285	% 40.2 39.0	Yen 1,609.83 1,527.64

   3. Consolidated cash flows

   	Net cash flows from (used in) operating activities	Net cash flows from (used in) investing activities	Net cash flows from (used in) financing activities	Cash and cash equivalents at end of the period
   Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 45,071 31,709	Millions of yen (14,922) (28,334)	Millions of yen (22,188) (19,431)	Millions of yen 21,924 13,931

2. Cash dividends

   	Annual cash dividends per share					Total cash dividends (Total)	Dividend payout ratio (Consolidated)	Ratio of total amount of dividends to total shareholders' equity (Consolidated)
   	First quarter- end	Second quarter-end	Third quarter- end	Fiscal year-end	Total
   Fiscal year ended March 31, 2025 March 31, 2026	Yen - -	Yen 28.00 31.00	Yen - -	Yen 34.00 35.00	Yen 62.00 66.00	Millions of yen 7,005 7,457	% 40.9 46.4	% 4.2 4.2
   Fiscal year ending March 31, 2027 (Forecast)	-	34.00	-	34.00	68.00		46.5

   Note: The Company has revised its year-end dividend per share for the fiscal year ended March 31, 2026 from ¥31 to ¥35.

   For more information, refer to "Notice of Dividend of Surplus" announced today (April 30, 2026).

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)

   (Percentages indicate year-on-year changes.)

   	Profit from operating activities		Profit before tax		Net profit attributable to Itochu Enex's shareholders		Basic earnings per share attributable to Itochu Enex's shareholders
   Fiscal year ending March 31, 2027	Millions of yen 24,500	% 1.5	Millions of yen 26,500	% (1.9)	Millions of yen 16,500	% 2.8	Yen 146.13

   Note: The Company's performance is evaluated on a fiscal year basis. Accordingly, consolidated earnings forecasts for the first six months of fiscal year are not prepared.

   • Notes

     1. Significant changes in the scope of consolidation during the period: None

     2. Changes in accounting policies and changes in accounting estimates

        1. Changes in accounting policies required by IFRSs: None

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

        3. Changes in accounting estimates: None

     3. Number of issued shares (common stock)

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

           As of March 31, 2026	116,881,106 shares
           As of March 31, 2025	116,881,106 shares

        2. Number of treasury stock at end of period

           As of March 31, 2026	3,967,230 shares
           As of March 31, 2025	4,102,791 shares

        3. Average number of outstanding shares during period

           Fiscal year ended March 31, 2026	112,861,797 shares
           Fiscal year ended March 31, 2025	112,788,337 shares

   • Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.

   • Proper use of earnings forecasts, and other special notes (Caution regarding forward-looking statements and others)

The forecasts and other forward-looking statements in this report are based on information currently

available to the Company and on certain assumptions deemed to be reasonable by the Company. Actual business and other results may significantly differ from these forecasts due to various factors.

Please refer to "1. Overview of Operating Results and Others, (1) Overview of Operating Results for the Fiscal Year Ended March 31, 2026" on page 2 of the attached materials for matters relating to earnings forecasts.

1. Overview of Operating Results and Others 2

   1. Overview of Operating Results for the Fiscal Year Ended March 31, 2026 2

   2. Overview of Financial Position for the Fiscal Year Ended March 31, 2026 6
   3. Profit Distribution Policy and Dividends for the Fiscal Years Ended March 31, 2026 and Ending March 31, 2027 8
2. Changes in major affiliates and subsidiaries 9
3. Basic Concepts Underlying Selection of Accounting Standards 9
4. Consolidated Financial Statements and Significant Notes Thereto 10
   1. Consolidated Statement of Financial Position 10
   2. Consolidated Statement of Comprehensive Income 12
   3. Consolidated Statement of Changes in Equity 14
   4. Consolidated Statement of Cash Flows 15
   5. Notes to Consolidated Financial Statements 17

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1. ‌Overview of Operating Results for the Fiscal Year Ended March 31, 2026

   1. Results of operations

      During the fiscal year ended March 31, 2026 (April 1, 2025 to March 31, 2026), the Japanese economy experienced rising interest rates due to gradual rate hikes by the Bank of Japan and

      intensified fluctuations in the foreign exchange market. In addition, a complex interaction of various factors, such as significant fluctuations in crude oil prices caused by the impact of geopolitical risks including the situation in the Middle East, and volatility in Japan's stock markets has contributed to persistent uncertainty regarding the overall economic outlook.

      The operating results for the fiscal year ended March 31, 2026 are as follows.

      (Millions of yen)

      	Fiscal year ended March 31, 2025	Fiscal year ended March 31, 2026	Change
      Revenue	924,481	851,235	(73,246)
      Profit from operating activities	26,896	24,146	(2,750)
      Net profit attributable to Itochu Enex's shareholders	17,102	16,058	(1,044)

      Revenue was ¥851,235 million (down 7.9% year on year).

      Profit from operating activities was ¥24,146 million (down 10.2% year on year). Net profit

      attributable to Itochu Enex's shareholders was ¥16,058 million (down 6.1% year on year). This was mainly due to a reactionary effect of the one-time profit recorded from the strong performance of

      supply and demand operations of the Industrial Business Division and the solar power plant in the Power & Utility Division during the previous fiscal year, as well as lower new and used car sales volumes and a decrease in gross profit per vehicle in the Car-Life Division. The planned net profit attributable to Itochu Enex's shareholders has been achieved.

   2. Results of operations by segment

Results of operations by segment are as follows.

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