Summary of Non-Consolidated Financial Results for the Nine months ended December 31, 2025 (Based on Japanese GAAP)

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Company name: JAPAN PURE CHEMICAL CO.,LTD.

January 26, 2026

Stock exchange listing:

Tokyo

Stock code: 4973 URL https://www.netjpc.com

Representative: Representative Director and President Tomoyuki Kojima

Inquiries: Senior Director, General Manager of Corporate

Planning Division and Finance Division

Motoki Watanabe TEL 03-3550-1048

Schedule date of dividend payment commencement: －

Preparation of supplementary material on financial results: Yes

Holding of financial results meeting: No

(Amounts less than one million yen are rounded down)

1. 3rd Quarter Results for the Fiscal Year Ending March 31, 2026 (April 1, 2025 to December 31, 2025)

   1. Operating results(cumulative total) (Percentage figures represent changes from the same period of the previous year.)

      	Net sales		Operating profit		Ordinary profit		Net profit
      Nine months ended December 31, 2025 Nine months ended December 31, 2024	Million yen 12,267 10,061	ï¼… 21.9 15.4	Million yen 437 417	ï¼… 4.8 46.4	Million yen 620 563	ï¼… 10.1 17.6	Million yen 1,434 1,331	ï¼… 7.7 259.1

      	Earnings per share	Diluted earnings per share
      	Yen	Yen
      Nine months ended December 31, 2025	248.10	246.17
      Nine months ended December 31, 2024	230.83	228.80

   2. Financial position

   	Total assets	Net assets	Equity ratio	Net assets per share
   	Million yen	Million yen	%	Yen
   Nine months ended December 31, 2025	19,715	16,659	84.1	2,863.72
   Nine months ended December 31, 2024	15,856	13,594	85.2	2,338.53

   (Reference) Shareholders' equity Nine months ended December 31, 2025 16,570 Million yen

   Year ended March 31, 2025 13,508 Million yen

2. Cash dividends

   	Annual dividend
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen
   Fiscal Year ended March 31, 2025	-	63.00	-	63.00	126.00
   Fiscal Year ending March 31, 2026	-	63.00
   Fiscal Year ending March 31, 2026 (Forecast)			-	137.00	200.00

   (Note) Revision of dividend forecast from the latest announcement: Yes

3. Forecast for the fiscal year ending March 31, 2026 (April 1, 2025 - March 31, 2026)

   	Net sales		Operating profit		Ordinary profit		Net Profit		Earnings per share
   Full year	Million yen 17,500	% 25.0	Million yen 540	% 5.9	Million yen 730	% 9.0	Million yen 1,750	% 20.7	Yen 302.43

   (Percentage figures are changes from the previous year)

   (Note) Any revisions from the most recently announced earnings forecast: Yes Notes

   1. Adoption of accounting methods specific to the preparation of quarterly financial statements: No

   2. Changes in accounting policies, changes in accounting estimates, and restatements of prior period financial statements

      Changes in accounting policies due to revisions to accounting standards and other regulations: No Changes in accounting policies due to other reasons: No

      Changes in accounting estimates: No

      Restatement of prior period financial statements: No

      6,067,200 Shares

      As of December

      outstanding at the end of the period 31, 2025

      (a) Number of shares issued and

      (including Treasury Shares)

      (b) Number of Treasury Shares at end As of December

      of the period

      31, 2025

      280,739 Shares

      (c) Average number of shares during the Nine months

      period (cumulative interim period) ended December

      5,781,876 Shares

      31, 2025

      As of Mar

      31, 2025

      As of Mar 31, 2025

      Nine months ended December 31, 2024

      
      
      

   3. Number of shares issued and outstanding (Common Stock)

Review of the accompanying interim financial statements by a certified public accountant or auditing firm: No Explanation of appropriate use of earnings forecasts and other special notes:

- The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Actual results may differ significantly due to various factors.

The supplementary financial results presentation materials are available on our website.

1. Qualitative Information on Quarterly Financial Statements

   1. Overview of Operating Results for the current quarter

      The summary of business performance for the third quarter is as follows.

      In the electronic components industry, demand related to AI servers and data centers continued to perform steadily, supported by the expansion of infrastructure demand for artificial intelligence. Demand for personal computers showed a steady recovery; however, demand for other consumer electronics, such as smartphones, as well as for industrial equipment including factory automation (FA) machinery, recovered only moderately. In the automotive electronics segment, demand was underpinned by the wider adoption of advanced driver assistance systems (ADAS) and connected vehicle functions. Nevertheless, growth in demand remained limited due to the impact of U.S. tariff measures and the review of electric vehicle policies in the United States and Europe.

      For our Company, sales of plating chemicals for printed circuit boards and semiconductor substrates remained strong in applications for semiconductor packages, modules, and memory devices, driven by robust demand related to generative AI. Sales for personal computer-related applications remained solid, while demand for smartphone-related applications continued to recover but lacked strong momentum.

      Sales of plating chemicals for connectors showed a moderate recovery in applications for smartphones and industrial equipment; however, demand in automotive applications remained sluggish. Sales of plating chemicals for lead frames were solid in consumer-related applications, while demand in automotive applications showed signs of stagnation due to continued inventory adjustments.

      As a result, net sales amounted to 12,267 million yen (up 21.9% year-on-year), operating profit amounted to 437 million yen (up 4.8% year-on-year), ordinary profit amounted to 620 million yen (up 10.1% year-on-year), and net profit amounted to 1,434 million yen (up 7.7% year-on-year).

      Net sales by application were as follows: 5,994 million yen for printed circuit boards and semiconductor substrates, 1,697 million yen for connectors and micro switches, 4,313 million yen for lead frames, and 262 million yen for other applications.

   2. Summary of Financial Position

      1. Description of financial position

         (Unit: Million yen)

         	March 31, 2025	December
         		31, 2025	Increase/Decrease	Main reasons for increase/decrease
         Current assets	9,544	10,066	522	Accounts Receivable +712, Merchandise and finished goods +220, Cash and deposits (449), Other +39
         Fixed assets	6,312	9,649	3,336	Investment securities +3,333
         Total assets	15,856	19,715	3,858	-
         Current liabilities	784	493	(291)	Income taxes payable (324), Other +33
         Non-current liabilities	1,477	2,562	1,085	Deferred tax liabilities +1,085
         Total liabilities	2,261	3,056	794	-
         Total net assets	13,594	16,659	3,064	Net unrealized gains (losses) on investment securities +2,324, Retained earnings +706
         Total liabilities and net assets	15,856	19,715	3,858	-

         Net assets amounted to 16,659 million yen, an increase of 3,064 million yen from the end of the previous fiscal year.

         This increase was mainly attributable to a rise in valuation differences on investment securities, reflecting an increase in their market value, while the Company continued to sell such securities.

   3. Overview of earnings forecasts and other forward-looking information

      Based on recent performance trends and other factors, the Company has revised its earnings forecast and dividend forecast for the fiscal year ending March 31, 2026.

      For details, please refer to the "Notice of Revisions of Full-Year Earnings Forecasts" and the "Notice Regarding Revised Year-end Dividend Forecast (Increase)," both separately announced today (January 26, 2026).

   4. Basic Policy on Profit Distribution and Dividends for the Current Fiscal Years

      The Company's basic policy on profit distribution is to flexibly return profits to shareholders in accordance with earnings conditions while securing internal reserves necessary for future business development, strengthening of the management base, and investment for growth.

      In addition to the dividend payout ratio, the Company has introduced a dividend on equity ratio (DOE) with a minimum limit of 5% starting with the year-end dividend for the fiscal year ending June 30, 2024, in order to proactively provide a certain level of shareholder return that is not greatly influenced by the Company's immediate performance as a prime market listed company, while maintaining a balance between capital efficiency and financial soundness for the purpose of achieving long-term growth.

      In addition to these policies, taking into account the progress of the sale of shares that has been proceeding in accordance with the "(Update on Disclosed Matter) Notice Regarding Recording of Gain on Sale of Investment Securities (Extraordinary Income) " announced on October 24, 2025, and in line with the shareholder return policy set forth in the financial policy under the Medium-Term Management Plan FY2025-2027, the Company has revised its year-end dividend forecast to ¥137 per share, an increase of ¥74 per share, and its annual dividend forecast to ¥200 per share.

      As a result, the annual dividend for the current fiscal year is planned to be 200 yen per share.

      There is no change to the shareholder return policy set forth in the Medium-Term Management Plan (including a minimum dividend payout ratio based on DOE of 5%). Going forward, the Company will continue to implement flexible shareholder returns in line with the plan, in conjunction with the ongoing reduction of strategic shareholdings.

   5. Policy on Specified Investment Shares

In terms of business strategy and business relationships with business partners, the Company holds shares only of companies that would provide feedback on our product development and problem-solving. The Company has set a policy to reduce such strategic shareholdings to less than 20% of net assets.

The appropriateness of these holdings is regularly reviewed through discussions at the CX Progress Committee, which includes both members of the Board of Directors and external experts-as well as at Board meetings, and shares that do not meet the above conditions are subject to sale in line with this policy.

*Sales during the relevant quarter

1. Financial Statements and Notes

   1. Non-consolidated Balance Sheet

Previous fiscal year (March 31, 2025)

(Unit: Thousand yen)

Current fiscal year (December 31, 2025)

Assets