〔Summary〕 Consolidated Financial Results for the First Three Months of the Fiscal Year Ending March 31, 2026

July 31, 2025

Company name: MEISEI INDUSTRIAL CO., LTD.

Listing: Tokyo Stock Exchange, Prime Securities code: 1976

URL: https://www.meisei-kogyo.co.jp/en/ Representative: Tetsuji Yanase, Representative Director, President

Inquiries: Atsuo Tanaka, Executive Officer, General Manager of Finance Division TEL: +81-6-6447-0275

Scheduled date to commence dividend payments: －

Preparation of supplementary material on financial results: None Holding of financial results presentation meeting: None

(Note: Millions of yen with fractional amounts discarded, unless otherwise noted)

1. Consolidated Financial Results for the First Three Months of the Fiscal Year Ending March 31, 2026 (from April 1, 2025 to June 30, 2025)

   1. Consolidated operating results

      (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended June 30, 2025 June 30, 2024	Millions of yen 13,840 14,812	% (6.6) 18.2	Millions of yen 1,099 1,526	% (28.0) 87.9	Millions of yen 1,287 1,822	% (29.3) 85.2	Millions of yen 802 1,271	% (36.9) 58.0

      Note: Comprehensive income

      Three months ended June 30, 2025: ¥624 million [(75.9%)]

      Three months ended June 30, 2024: ¥2,591 million [149.0%]

      	Net income per share	Diluted net income per share
      Three months ended	Yen	Yen
      June 30, 2025	16.85	—
      June 30, 2024	26.05	—

   2. Consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of June 30, 2025 March 31, 2025	Millions of yen 84,535 88,583	Millions of yen 67,918 69,206	% 79.6 77.4	Yen 1,414.47 1,440.69

   Reference: Shareholders’ equity

   As of June 30, 2025: ¥67,322 million

   As of March 31, 2025: ¥68,570 million

2. Cash Dividends

   	Cash dividends per share
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Annual
   Fiscal year ended/ending March 31, 2025 March 31, 2026	Yen – –	Yen 21.00	Yen –	Yen 39.00	Yen 60.00
   March 31, 2026 (Forecast)		20.00	–	40.00	60.00

   Notes: Revisions to the cash dividend forecasts most recently announced: None

3. Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

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

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

2. Application of special accounting for preparing quarterly consolidated financial statements: None

3. Changes in accounting policies, changes in accounting estimates and restatements of prior period financial statements after error corrections

   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. Restatements of prior period financial statements after error corrections: None

4. Number of issued shares (common shares)

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

      As of June 30, 2025	55,117,218 shares
      As of March 31, 2025	55,117,218 shares

   2. Number of treasury shares at end of period

      As of June 30, 2025	7,521,887 shares
      As of March 31, 2025	7,251,865 shares

   3. Average number of outstanding shares during period

Note: The figures stated for the number of treasury shares at end of period include shares of the Company that are held by a trust established to distribute shares to officers (Officers’ Share Distribution Trust). The calculation used to calculate the average number of outstanding shares during period excludes treasury shares, which include shares of the Company held by the Officers’ Share Distribution Trust.

• Review of the attached quarterly consolidated financial statements by a certified public accountant or auditing firm: None

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

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. These statements do not purport to be a promise by the Company to realize such statements. Actual business and other results may differ substantially due to various factors.

1. Quarterly Consolidated Balance Sheets

   (Millions of yen)

   As of March 31, 2025 As of June 30, 2025

   Assets

   Current assets

   Cash and deposits	33,258	33,395
   Notes receivable, accounts receivable
   from completed construction contracts	25,697	20,888
   and other
   Securities	399	399
   Costs on construction contracts in progress	647	882
   Merchandise and finished goods	461	379
   Raw materials and supplies	144	195
   Other	633	811
   Allowance for doubtful accounts	(4)	(4)
   Total current assets	61,236	56,948
   Non-current assets
   Property, plant and equipment
   Buildings and structures	12,246	12,301
   Machinery and vehicles	6,280	6,343
   Land	10,986	10,986
   Other	2,803	2,772
   Accumulated depreciation	(14,103)	(14,236)
   Total property, plant and equipment	18,214	18,168
   Intangible assets	188	177
   Investments and other assets
   Investment securities	6,297	6,405
   Investment property	1,638	1,627
   Retirement benefit asset	467	466
   Deferred tax assets	41	44
   Other	545	743
   Allowance for doubtful accounts	(46)	(45)
   Total investments and other assets	8,944	9,241
   Total non-current assets	27,347	27,587
   Total assets	88,583	84,535

   (Millions of yen) As of March 31, 2025 As of June 30, 2025

   Liabilities

   Current liabilities

   Deferred tax liabilities 3,025 3,012

Provision for share awards for directors (and other officers)

65 70

1. Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income

Three months ended June 30, 2024

(Millions of yen)

Three months ended June 30, 2025

Net sales of completed construction contracts 14,812 13,840

Cost of sales of completed construction

contracts

11,991 11,294

Three months ended June 30, 2024

(Millions of yen)

Three months ended June 30, 2025

Profit 1,300 812

Valuation difference on available-for-sale securities

1,119

123

Other comprehensive income

Foreign currency translation adjustment 178 (305)

Remeasurements of defined benefit plans, net of tax

(7)

(5)

Total other comprehensive income 1,290 (188)

owners of parent controlling interests