Financial Results for the Year Ended March 31, 2026

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.

Consolidated Financial Results

for the Fiscal Year Ended March 31, 2026 (under IFRS)

May. 13, 2026

Company name : KYB Corporation

Stock listing : Tokyo Stock Exchange (Prime Market)

Securities code 7242

URL : https://www.kyb.co.jp/en/

Representative :Masahiro Kawase, Representative Director, President Chief Executive Officer (CEO) Inquiries :Norimichi Fukuda, General Manager, Public Relations & Investor Relations Dept. Telephone : +81 3- 3435- 3580

Scheduled date of annual general meeting of shareholders: :June 24, 2026 Scheduled date to commence dividend payments: :June 25, 2026

Scheduled date to file annual securities report: :June 23, 2026 Preparation of supplementary material on financial results :Yes

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

(All amounts are rounded to the nearest million yen, unless otherwise noted)

1. Consolidated financial results for the fiscal year ended March 31, 2026 ( from April 1, 2025 to March 31, 2026 )

   1. Consolidated financial results (Percentages indicate the year-on-year changes)

      	Net sales		Segment profit		Operating profit		Profit before taxes
      Year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026 March 31, 2025	481,529 438,316	9.9 (1.0)	29,385 19,825	48.2 (5.4)	34,932 22,671	54.1 1.1	34,928 21,989	58.8 2.9
      	Profit for the year		Profit attributable to owners of the parent		Comprehensive income for the year		Basic earnings per share
      Year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
      March 31, 2026 March 31, 2025	30,642 16,596	84.6 (4.1)	29,036 14,899	94.9 (5.8)	49,295 22,364	120.4 (51.0)	631.99 281.13
      	Diluted earnings per share		Ratio of profit attributable to owners of the parent		Ratio of profit before income taxes to total assets		Ratio of operating profit to sales
      Year ended	Yen		%		%		%
      March 31, 2026 March 31, 2025	631.79 281.08		12.2 6.7		7.3 4.7		7.3 5.2

      Reference: Share of profit in investments accounted for using the equity method:

      Fiscal year ended March 31, 2026:

      ¥2,784million

      Fiscal year ended March 31, 2025:

      ¥2,342million

      (Note1) Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales.

      (Note2) The Company carried out a two-for-one stock split of shares of common stock on December 3, 2024.Basic and diluted earnings per share are calculated on the assumption that the stock split was carried out at the beginning of the previous consolidated fiscal year.

   2. Consolidated financial position

      	Total assets	Total equity	Equity attributable to owners of the parent	Ratio of equity attributable to owners of the parent to total assets	Equity attributable to owners of the parent per share
      As of	Millions of yen	Millions of yen	Millions of yen	%	Yen
      March 31, 2026 March 31, 2025	493,726 463,112	259,904 235,023	249,785 225,537	50.6 48.7	5,491.63 4,442.77

      (Note) The Company carried out a two-for-one stock split of shares of common stock on December 3, 2024.Equity attributable to owners of the parent per share is calculated on the assumption that the stock split was carried out at the beginning of the previous consolidated fiscal year.

   3. Consolidated cash flows

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at the end of year
   Year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
   March 31, 2026 March 31, 2025	19,506 43,847	(6,616) (34,133)	(12,320) (9,099)	50,176 47,428

2. Cash dividends

   	Annual cash dividends per share
   	End of first quarter	End of second quarter	End of third quarter	Year-end	Total
   Year ended	Yen	Yen	Yen	Yen	Yen
   March 31, 2025 March 31, 2026	- -	100.00 75.00	- -	60.00 81.00	- 156.00
   March 31, 2027 (forecast)	-	81.00	-	27.00	-
   	Total cash dividends (Annual)	Payout ratio (Consolidated)	Ratio of dividends to equity attributable to owners of the parent (consolidated)
   	Millions of yen	%	%
   March 31, 2025	5,378	39.1	2.6
   March 31, 2026	6,844	24.7	3.1
   March 31, 2027 (forecast)		41.3

   (Note1) The above "Status of Dividends" refers to dividends on common shares. Please refer to "Dividends for Class Shares" below for information regarding dividends on class shares, which are unlisted and have different rights from common shares.

   (Note2) The Company carried out a two-for-one stock split of shares of common stock on December 3, 2024. The interim dividend for the fiscal year ending March 2025 is presented based on the actual amount prior to the effect of the stock split, and the

   total annual dividend is stated as "-". On a post-split basis, the annual dividend for the fiscal year ending March 2025 will be ¥110.00 per share. (Note3) As announced in the "Share Split and Subsequent Partial Amendment to Articles of Incorporation" on April 8, 2026,

   the Company plans to carry out a three-for-one stock split of shares of common stock effective on October 1, 2026.

   The forecast year-end dividend per share for the fiscal year ending March 2027 is stated on a post-split basis, and the

   total annual dividend is stated as "-". If the stock split is not reflected, the forecast year-end dividend and annual dividend for the fiscal year ending March 2027 will be ¥81.00 and ¥162.00 per share, respectively.

3. Forecasts for the fiscal year ending March 31, 2027 ( April 1, 2026 to March 31, 2027 )

   (Percentages indicate the year-on-year changes)

   	Net sales		Segment profit		Operating profit		Profit before taxes
   Full year	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
   	489,500	1.7	20,000	(31.9)	24,000	(31.3)	22,000	(37.0)
   	Profit for the period		Profit attributable to owners of the parent		Basic earnings per share
   Full year	Millions of yen	%	Millions of yen	%	Yen
   	17,000	(44.5)	16,000	(44.9)	130.65

   (Note1) Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales. (Note2) Basic earnings per share are calculated reflecting the impact of the stock split effective on October 1, 2026.

   Basic earnings per share before reflecting the impact of the stock split were ¥391.95.

   * Notes

   1. Significant changes in the scope of consolidation during the period: Yes

      Newly included: 4 company (Company name : Chita Kogyo Co., Ltd.and its two subsidiaries, and KYB India Private Limited ) Excluded: -

   2. Changes in accounting policies and changes in accounting estimates

      1. Changes in accounting policies required by IFRS: None

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

      3. Changes in accounting estimates: None

   3. Number of issued shares (ordinary shares)

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

         As of March 31, 2026	50,468,662 shares
         As of March 31, 2025	50,468,662 shares

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

         As of March 31, 2026	7,299,011 shares
         As of March 31, 2025	2,565,266 shares

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

(Note) The Company carried out a two-for-one stock split of shares of common stock on December 3, 2024.The number of issued shares of

common stock has been calculated on the assumption that the stock split was carried out at the beginning of the previous consolidated fiscal year.

[Reference] Overview of non-consolidated financial results

1. Non-consolidated financial results for the fiscal year ended March 31, 2026 ( from April 1, 2025 to March 31, 2026 )

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

   	Net sales		Operating profit		Ordinary profit		Profit for the year
   Year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
   March 31, 2026 March 31, 2025	239,768 224,184	7.0 (7.2)	7,221 6,257	15.4 (22.2)	19,440 15,369	26.5 (34.4)	21,619 23,345	(7.4) (10.5)
   	Basic earnings per share		Diluted earnings per share
   Year ended	Yen		Yen
   March 31, 2026 March 31, 2025	461.04 451.20		460.89 451.11

   (Note) The Company carried out a two-for-one stock split of shares of common stock on December 3, 2024.Basic and diluted earnings per share are calculated on the assumption that the stock split was carried out at the beginning of the previous consolidated fiscal year.

2. Non-consolidated financial position

Reference: Share of profit in investments accounted for using the equity method:

Fiscal year ended March 31, 2026:

¥134,187million

Fiscal year ended March 31, 2025:

¥136,731million

(Note) The Company carried out a two-for-one stock split of shares of common stock on December 3, 2024.

Net assets per share are calculated on the assumption that the stock split was carried out at the beginning of the previous fiscal year.

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

• Proper use of earnings forecasts, and other special matters (Notes on future assumptions)

This report contains forward-looking statements based on information available to the Company as of the date hereof and assumptions which it believes are reasonable. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially, therefore do not represent any guarantees of future performance.

(Reference) Dividends for Class Shares

Dividends per share related to Class Shares with different rights from those of common shares are as follows.

(Note) As stated in the "Notice Regarding Acquisition and Cancellation of Class A Preferred Shares"

announced on April 8, 2026, all issued Class A Shares (125 shares) are scheduled to be acquired and cancelled on June 29, 2026. Accordingly, no dividend whose reference date is attributed during FY2026 is planned.

Consolidated Statements of Financial Position

KYB Corporation and its Consolidated Subsidiaries

(Unit: Millions of yen)