Consolidated Financial Results for the Nine Months Ended August 31, 2025

Note: This document has been translated from 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.

October 10, 2025

Company name: NIKKE（THE JAPAN WOOL TEXTILE CO., LTD.）

Listing: Tokyo Stock Exchange Securities code: 3201

URL: https://www.nikke.co.jp

Representative: Yutaka Nagaoka President and Chief Executive Officer

Inquiries: Yasushi Ishida General Manager, Finance and Accounting Department, Telephone: +81-6-6205-6635

Scheduled date to commence dividend payments: -

Preparation of supplementary material on financial results: None Holding of financial results briefing: None

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

1. Consolidated financial results for the nine months ended August 31, 2025 (from December 1, 2024 to August 31, 2025)
   1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Nine months ended August 31, 2025 August 31, 2024	Millions of yen 87,092 80,658	% 8.0 (0.2)	Millions of yen 7,670 7,794	% (1.6) 15.7	Millions of yen 8,614 8,299	% 3.8 13.8	Millions of yen 5,552 6,702	% (17.2) 37.1

      Note: Comprehensive income	For the nine months ended August 31, 2025:	¥	8,485 million [	(4.2) %]
      	For the nine months ended August 31, 2024:	¥	8,856 million [	7.9%]

      	Basic earnings per share	Diluted earnings per share
      Nine months ended	Yen	Yen
      August 31, 2025	80.49	-
      August 31, 2024	97.21	-

   2. Consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of August 31, 2025 November 30, 2024	Millions of yen 183,116 179,935	Millions of yen 128,950 123,730	% 70.1 68.2	Yen 1,860.71 1,780.73

   Reference: Equity

   As of August 31, 2025:	¥	128,395 million
   As of November 30, 2024:	¥	122,799 million

2. Cash dividends

   	Annual dividends per share
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen
   Fiscal year ended November 30, 2024	-	16.00	-	24.00	40.00
   Fiscal year ending November 30, 2025	-	17.00	-
   Fiscal year ending November 30, 2025 (Forecast)				25.00	42.00

   Note: Revisions to the forecast of cash dividends most recently announced: None

   Note: Breakdown of the third quarter dividend for the fiscal year ending November 30, 2025 : Commemorative dividend - yen

   Special dividend - yen

3. Consolidated financial result forecasts for the fiscal year ending November 30, 2025 (from December 1, 2024 to November 30, 2025)

(Percentages indicate year-on-year changes.)

1. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None

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

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: Yes

   2. Changes in accounting policies due to other reasons: None

   3. Changes in accounting estimates: None

   4. Restatement: None

3. Number of issued shares (common shares)

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

      As of August 31, 2025	76,278,858 shares
      As of November 30, 2024	76,278,858 shares

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

      As of August 31, 2025	7,275,329 shares
      As of November 30, 2024	7,318,656 shares

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

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

• Proper use of earnings forecasts, and other special matters

The performance forecasts presented in this document are based on information available as of the date of its release. Actual

results may differ from these forecasts due to various future factors.For the assumptions underlying the forecasts and important notes regarding their use, please refer to page 4 of the attached materials: "1. Overview of Operating Results, etc. (3) Explanation of Consolidated Earnings Forecasts and Other Forward-Looking Information."