2Q FY2025 Consolidated Financial Results Presentation with Script (for the six months ended September 30, 2025)

Mitsubishi HC Capital Inc.

November 14, 2025

2Q FY2025 Consolidated Financial Results Presentation

(for the six months ended September 30, 2025)

Greetings, everyone. This is Taiju Hisai, President & CEO.

Thank you very much for taking your time to join our financial results briefing today.

In addition to those in attendance here at the briefing venue, many people are also participating live online. We appreciate your interest in our company.

I would like to open today's briefing by presenting to you the highlights of the 2Q FY2025 Consolidated Financial Results Presentation.

Next, Director and Managing Executive Officer Haruhiko Sato will explain the financial results for the term and our financial forecast for FY2025. Then, I will share our initiatives to enhance corporate value over the medium- to long-term.

Finally, we will take questions from the audience, so please feel free to ask.

Without further ado, let's turn to the Highlights on page 2 of the 2Q FY2025 Consolidated Financial Results Presentation.

Legal disclaimer

Definitions of terms and figures used in this presentation

• This presentation contains forward-looking statements regarding estimations, forecasts, targets, and plans in relation to the results of operations, financial conditions, and other overall management of Mitsubishi HC Capital Inc. and/or its group companies.

• These forward-looking statements are inherently subject to a number of risks and uncertainties that could cause the actual results, performance, achievements, financial position, and other figures to differ materially from the information expressed or implied by these forward-looking statements, which is based on assumptions and beliefs in light of information currently available to the management of Mitsubishi HC Capital Inc. at the time of publication. Accordingly, due to various risks and uncertainties, the statements are not a guarantee of future performance or developments. We may not be successful in implementing our business strategies, and management may fail to achieve its targets for a wide range of possible reasons.

• The figures in this presentation represent cumulative consolidated totals for the current fiscal year up to the end of the subject quarter, unless specifically labelled as "Quarter(s)" or "by quarter." The figures are rounded down and may therefore not add up to total amounts. We undertake no obligation to update or correct any forward-looking statements after the date of this presentation. The information set forth in this presentation is subject to change without notice.

• This presentation is not intended to solicit, offer, or sell investments in any jurisdiction and should not be the sole basis for making investmentand other decisions. The reader is cautioned not to place undue reliance on forward-looking statements.

• We assume no liability for any damage resulting from the use of this presentation.

• This presentation is created in Japanese and translated into English. The Japanese text is the original and the English text is for reference purposes. If there is any conflictor inconsistency between these two texts, the Japanese text shall prevail.

• MHC: Mitsubishi HC Capital

• MHCUK: Mitsubishi HC Capital UK (European leasing and finance company)

• MHCA: Mitsubishi HC Capital America (North American leasing and finance company)

• EE: European Energy (renewable and next-generation energy company)

• JSA: Jackson Square Aviation (aircraft leasing company)

• elfc: Engine Lease Finance (aircraft engine leasing company)

• CAI: CAI International (marine container leasing company)

• FY: Fiscal year starting April 1 of the year and ending March 31 of the next year unless otherwise specified

• mn, bn: Million, billion

• Asset-related gain/loss:

  The sum of gain/loss on sales and impairment losses, etc. (including valuation gains/losses) of owned assets based on gross profit in the Customer Solutions, Environment& Energy, Aviation, Logistics, and Real Estate segments

• Income gain: Gross profit other than asset-related gain/loss + non-operating income/loss (do not include gains on bad debts recovered)

• Net income: (Quarterly/Annual) net income attributable to owners of the parent

  Net income

  • PNW: PNW Railcars (railcar leasing company)

  • ROA:

    (total assets at the end of previous FY + total assets at the end of this FY) / 2

    • ROE: Net income (equity at the end of previous FY + equity at the end of this FY) / 2

    • Segment assets:

Operating assets + equity-method investments + goodwill + investment securities, etc. 1

¥88.7bn

¥160.0bn

(+43.9%)

Net income increased by ¥27.0 billion YoY mainly due to large gains on sales of multiple assets in the Real Estate segment, an absence of large credit costs and impairment losses recorded in 2Q FY2024 in the Environment & Energy segment, and positive effects of changes in the fiscal periods of the consolidated subsidiaries of the Aviation and Logistics segments.

Highlights

The full-year forecast remains unchanged, as 2Q FY2025 net income was broadly in line with expectations, reaching 55.5% of the full-year forecast, supported by profit increase from fiscal period changes at consolidated subsidiaries which were already factored into the forecast.

The interim dividend was raised by ¥2 YoY to ¥22 as initially forecasted.

2

For 2Q FY2025, net income increased by ¥27.0 billion YoY to ¥88.7 billion, reaching 55.5% of the forecast supported by profit increase from fiscal period changes of consolidated subsidiaries, which had already been factored in. As the results were generally in line with our expectations, the full-year forecast remains unchanged.

The interim dividend was raised by ¥2 YoY to ¥22 as initially forecasted.

Now, I would like to hand over to Mr. Sato.

(Please go to page 3 for the next script.)

‌3

01｜2Q FY2025 consolidated financial results 02｜Segment updates

03｜FY2025 consolidated financial forecast

04｜Medium- to long-term corporate value enhancement initiatives

05｜Reference information

Index

This is Haruhiko Sato, Managing Executive Officer.

I would like to discuss the main points of "01. 2Q FY2025 consolidated financial results," "02. Segment updates", and "03. FY2025 consolidated financial forecast."

Please take a look at page 5. I will go over the financial results for 2Q FY2025.