Japan Steel Works : Business Results for the Fiscal Year 2024 (Ended March 31, 2025)

May 20, 2025

Note

The performance forecasts and other forward-looking statements included in this material are based on the information that was available to The Japan Steel Works, Ltd. (the "Company") and certain assumptions deemed to be reasonable at the time this material was prepared, and the actual results may differ significantly from these forecasts due to a variety of reasons.

INDEX

PART Ⅰ

Results for FY2024

05 Status of Orders Received, Sales and Profits 06 Analysis on Changes in Operating Profit

1. Results by Segment

2. Industrial Machinery Products Business 09 Material and Engineering Business

PART Ⅱ

Forecasts for FY2025

1. Impact of the U.S. Tariff Policy

2. Forecasts for Orders Received, Sales and Profits

3. Analysis on Changes in Operating Profit

4. Forecasts by Segments

5. Industrial Machinery Products Business

6. Material and Engineering Business

7. Changes in Order Backlog and Forecasts

8. Status of Capital Investment and Depreciation,

   Cash Flows, Financial Position, and R&D Expenses

9. Dividend Policy of JGP2028 and the Results

PART Ⅲ

Progress of the Medium-term Management Plan JGP2028 and Business Overview

1. Medium-term Management Plan JGP2028 -Progress of the 4 Basic Policies

2. Basic Policy① Sustainable Improvement of Value of Existing Businesses -Increase production capacity through capital investment and maintain and improve in-house production

3. Basic Policy① Sustainable Improvement of Value of Existing Businesses -Promote global expansion

4. Industrial Machinery Products Business -Market sentiment for the main products

5. Material and Engineering Business -Market sentiment for the main products

6. Plastic Production and Processing Machinery -Accelerate growth through focused investments and expand the service business

7. Electron Devices -Laser application equipment

8. Defense Equipment

9. Defense Equipment -Prepare production system responding to the increasing demand

10. Thermal and Nuclear Power Products -Invest in the renewal of aging core equipment and meet the growing demand of power generation equipment

11. Resolution of the Policy on an Absorption-Type Merger of Japan Steel Works M&E, Inc.

Reference Materials:

Composition of the Business Segments and Main Products / Trends

in Sales and Profit / Trends in Major Assets and Cash Flows

/Corporate philosophy, starting with purpose

Status of Orders Received, Sales and Profits

Orders received and net sales decreased, while profit increased YoY

(Unit: Billion Yen)