Consolidated Financial Results for Fiscal Year Ended March 31, 2025 (Under Japanese GAAP)

May 9, 2025

Company name: Konoike Transport Co., Ltd. Listing: Tokyo Stock Exchange Securities code: 9025

URL: https://www.konoike.net/

Representative: Tadahiko Konoike, Representative Director, Chairman, President and Chief Executive Officer Inquiries: Yoshihito Nakanishi, Executive Officer, Executive General Manager, Finance/Accounting

Division

Telephone: +81-6-6227-4600

Scheduled date of annual general meeting of shareholders: June 24, 2025 Scheduled date to file Annual Securities Report: June 23, 2025

Scheduled date to commence dividend payments: June 25, 2025 Preparation of supplementary material on financial results: Yes

Holding of financial results meeting: Yes (for institutional investors and analysts)

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

1. Consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)
   1. Consolidated operating results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended March 31, 2025 March 31, 2024	Millions of yen 344,987 315,029	% 9.5 1.0	Millions of yen 21,385 16,634	% 28.6 25.6	Millions of yen 21,295 17,034	% 25.0 19.3	Millions of yen 14,050 11,349	% 23.8 36.7

      Note: Comprehensive income	Fiscal year ended March 31, 2025:	¥17,734 million	[20.8%]
      	Fiscal year ended March 31, 2024:	¥14,676 million	[18.8%]

      	Basic earnings per share	Diluted earnings per share	Profit attributable to owners of parent/equity	Ordinary profit/total assets	Operating profit/net sales
      Fiscal year ended March 31, 2025 March 31, 2024	Yen 264.81 214.05	Yen - -	% 10.0 8.9	% 7.5 6.3	% 6.2 5.3

      Reference: Share of profit (loss) of entities accounted for using equity method Fiscal year ended March 31, 2025 ¥(155) million Fiscal year ended March 31, 2024 ¥(261) million

   2. Consolidated financial position

      	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
      As of March 31, 2025 March 31, 2024	Millions of yen 289,702 277,056	Millions of yen 150,424 136,081	% 50.7 48.1	Yen 2,765.56 2,512.72

      Reference: Equity

      As of March 31, 2025: ¥146,776 million As of March 31, 2024: ¥133,266 million

   3. Consolidated cash flows

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
   Fiscal year ended March 31, 2025 March 31, 2024	Millions of yen 23,468 17,687	Millions of yen (16,960) (7,839)	Millions of yen (12,885) (9,896)	Millions of yen 62,704 68,114

2. Status of dividends

   	Annual dividends per share					Total cash dividends (Total)	Dividend payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen 3,447 5,094	%	%
   Fiscal year ended March 31, 2024	-	24.00	-	41.00	65.00		30.4	2.7
   Fiscal year ended March 31, 2025	-	35.00	-	61.00	96.00		36.3	3.6
   Fiscal year ending March 31, 2026 (Forecast)	-	55.00	-	55.00	110.00		40.3

3. Forecast of financial results for the year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

1. Significant changes in the scope of consolidation during the fiscal year ended March 31, 2025: Yes

   Newly included: 2 companies (Konoike Kanepackage Holding Co., Ltd. and Ferro Scrap Nigam Limited) Excluded: - companies (Company name)

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

   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

      Note: For details, please refer to the section of "(5) Notes to consolidated financial statements, (Notes on changes in accounting policies)" of "3. Consolidated financial statements and significant notes thereto" on page 14 of the attached materials.

3. 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, 2025	56,952,442 shares
      As of March 31, 2024	56,952,442 shares

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

      As of March 31, 2025	3,879,603 shares
      As of March 31, 2024	3,915,506 shares

   3. Average number of shares outstanding during the period

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

   	Net sales		Operating profit		Ordinary profit		Profit
   Fiscal year ended March 31, 2025 March 31, 2024	Millions of yen 225,134 213,775	% 5.3 0.6	Millions of yen 10,163 9,865	% 3.0 1.6	Millions of yen 11,536 11,400	% 1.2 1.2	Millions of yen 9,369 8,256	% 13.5 11.2

   	Basic earnings per share	Diluted earnings per share
   Fiscal year ended	Yen	Yen
   March 31, 2025	176.57	-
   March 31, 2024	155.73	-

2. Non-consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of	Millions of yen 235,534 235,412	Millions of yen 100,180 95,229	%	Yen
   March 31, 2025			42.5	1,887.61
   March 31, 2024			40.5	1,795.53

   Reference: Equity

   As of March 31, 2025 ¥100,180 million

   As of March 31, 2024 ¥95,229 million

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

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

     • 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. Any statements herein do not constitute assurances regarding actual results by the Company. Actual business and other results may differ substantially due to various factors. For the suppositions that form the assumptions for the forecast of financial results and cautions concerning the use thereof, please refer to the section of "(2) Future outlook" of "1. Overview of operating results and others" on page 3 of the attached materials.

       (Acquisition method of supplementary material on financial results and contents of financial results meeting)

     • The Company plans to hold an online briefing session for institutional investors and analysts on Wednesday, May 21, 2025. The supplementary material on financial results will be posted to the Company's website on the same day.

   • Table of contents of attached materials

   Index

   1. Overview of operating results and others 2

      1. Overview of operating results during the fiscal year under review 2

      2. Future outlook 3

      3. Overview of financial position during the fiscal year under review 3

      4. Overview of cash flows during the fiscal year under review 4

      5. Basic policy for profit allocation, and dividends for the current and the next fiscal year 5

   2. Basic approach to the selection of accounting standards 5

   3. Consolidated financial statements and significant notes thereto 6

      1. Consolidated balance sheets 6

      2. Consolidated statements of income and comprehensive income 8

         Consolidated statements of income 8

         Consolidated statements of comprehensive income 9

      3. Consolidated statement of changes in equity 10

      4. Consolidated statements of cash flows 12

      5. Notes to consolidated financial statements 14

         (Notes on premise of going concern) 14

         (Notes on changes in accounting policies) 14

         (Notes to segment information, etc.) 15

         (Notes to per share information). 17

         (Notes on significant subsequent events) 17

   4. Non-consolidated financial statements 18

      1. Balance sheets 18

      2. Statements of income 20

      3. Statements of changes in equity 21

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