Kobayashi Pharmaceutical: FY2026（January 1, 2026 - December 31, 2026）1Q Financial Statement Summary

May 8, 2026

Company name: Kobayashi Pharmaceutical Co., Ltd. Listing: Tokyo Stock Exchange

Securities code: 4967

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

Representative: Norikazu Toyoda, President & CEO

Inquiries: Yumi Nakagawa, Executive Officer, General Manager, Financial Department Telephone: +81-6-6222-0142

Scheduled date to commence dividend payments: -

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 three months ended March 31, 2026 (from January 1, 2026 to March 31, 2026)
   1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	33,665	3.2	1,350	(46.7)	1,671	(30.4)	1,036	(36.2)
      March 31, 2025	32,607	(10.6)	2,535	(49.6)	2,401	(56.0)	1,624	66.5

      Note: Comprehensive income For the three months ended March 31, 2026:	¥2,357 million	[-%]
      For the three months ended March 31, 2025:	¥(2,052) million	[-%]

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      March 31, 2026	13.95	-
      March 31, 2025	21.86	-

      Note: Diluted earnings per share for the consolidated fiscal year under review is omitted since there were no potential ordinary shares with a dilutive effect.

   2. Consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio
   As of	Millions of yen	Millions of yen	%
   March 31, 2026	254,864	208,926	81.7
   December 31, 2025	275,329	211,008	76.3

   Reference: Equity

   As of March 31, 2026: ¥208,101 million

   As of December 31, 2025: ¥210,206 million

2. Cash dividends

   	Annual dividends per share
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   Fiscal year ended December 31, 2025 Fiscal year ending December 31, 2026	Yen - -	Yen 44.00	Yen -	Yen 60.00	Yen 104.00
   Fiscal year ending December 31, 2026 (Forecast)		45.00		61.00	106.00

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

3. Forecast of consolidated financial results for the fiscal year ending December 31, 2026 (from January 1, 2026 to December 31, 2026)

(Percentages indicate year-on-year changes.)

Note: Revisions to the earnings forecasts most recently announced: None

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

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

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

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

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

   3. Changes in accounting estimates: None

   4. Restatement: None

4. Number of issued shares (common shares)

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

      As of March 31, 2026	78,050,000 shares
      As of December 31, 2025	78,050,000 shares

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

      As of March 31, 2026	3,711,236 shares
      As of December 31, 2025	3,711,236 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 forward-looking statements, including forecasts of financial results, contained in these materials are based on information available to the Company and on certain assumptions deemed to be reasonable. Actual financial results may differ from the results anticipated in the statements due to various factors.

(Method of accessing supplementary material on financial results)

The Company plans to hold a financial results briefing for institutional investors and analysts on Friday, May 8, 2026. The financial results briefing materials to be distributed at this briefing will be posted on the Company's website on the day of the event.

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Notes on segment information, etc.)

1. The three months of the previous fiscal year (January 1, 2025 to March 31, 2025)

   Information on sales and the amount of profit or loss for each reported segment, as well as revenue breakdown information

   (Millions of yen)
   	Reportable segments			Other (Note) 1	Total	Adjustment amount (Note) 2	Quarterly Consolidated Statements of Income (Note)3
   	Domestic Business	International Business	Total
   Net sales
   Japan	22,771	-	22,771	127	22,898	-	22,898
   United States	-	4,837	4,837	-	4,837	-	4,837
   China	-	1,992	1,992	-	1,992	-	1,992
   Southeast Asia	-	2,038	2,038	-	2,038	-	2,038
   Other	-	839	839	-	839	-	839
   Revenue generated from customer contracts	22,771	9,708	32,480	127	32,607	-	32,607
   Revenues from external customers	22,771	9,708	32,480	127	32,607	-	32,607
   Transactions with other segments	766	382	1,148	1,298	2,447	(2,447)	-
   Total	23,537	10,091	33,629	1,425	35,054	(2,447)	32,607
   Segment Profit	2,541	0	2,541	36	2,578	(42)	2,535

   Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes transportation, manufacturing and sales of synthetic resin containers, real estate management, advertising planning and production, etc.

   1. The adjustment amount of (42) million yen in segment profit is the elimination of inter-segment transactions.

   2. Segment profit is adjusted to operating income in the quarterly consolidated statements of income.

2. The three months of the current fiscal year (January 1, 2026 to March 31, 2026)

   Information on sales and the amount of profit or loss for each reported segment, as well as revenue breakdown information

   (Millions of yen)
   	Reportable segments			Other (Note) 1	Total	Adjustment amount (Note) 2	Quarterly Consolidated Statements of Income (Note)3
   	Domestic Business	International Business	Total
   Net sales
   Japan	23,288	-	23,288	173	23,462	-	23,462
   United States	-	4,404	4,404	-	4,404	-	4,404
   China	-	2,662	2,662	-	2,662	-	2,662
   Southeast Asia	-	2,013	2,013	-	2,013	-	2,013
   Other	-	1,123	1,123	-	1,123	-	1,123
   Revenue generated from customer contracts	23,288	10,203	33,491	173	33,665	-	33,665
   Revenues from external customers	23,288	10,203	33,491	173	33,665	-	33,665
   Transactions with other segments	1,148	355	1,504	1,470	2,974	(2,974)	-
   Total	24,437	10,558	34,996	1,643	36,639	(2,974)	33,665
   Segment profit (loss)	1,684	(338)	1,346	95	1,441	(91)	1,350

   Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes transportation, manufacturing and sales of synthetic resin containers, real estate management, advertising planning and production, etc.

   1. Segment profit or loss adjustment amount of (91) million yen is the elimination of inter-segment transactions.

   2. Segment profit or loss is adjusted to operating income in the quarterly consolidated statements of income.