3Q FY2025 Consolidated Financial Results Presentation with Script (for the nine months ended December 31, 2025)

Mitsubishi HC Capital Inc.

February13, 2026

3Q FY2025 Consolidated Financial Results Presentation (for the nine months ended December 31, 2025)

Greetings, everyone. We will now begin the Mitsubishi HC Capital 3Q FY2025 Consolidated Financial Results briefing.

I am Haruhiko Sato, Chief Financial Officer.

Thank you very much for taking your time to join us today.

I hope today's briefing will help deepen your understanding of our financial results and current

business conditions.

I will begin by explaining the Consolidated Financial Results Presentation that was disclosed on February 13.

After the presentation, I will be happy to take your questions. Without further ado, please turn to the Highlights on page 2.

Legal disclaimer

• 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 investment and 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 conflict or 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)

• JII: Japan Infrastructure Initiative (absorbed by MHC in April 2023)

• JSA: Jackson Square Aviation (aircraft leasing company)

• elfc: Engine Lease Finance (aircraft engine 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

  • CAI: CAI International (marine container leasing company)

  • ROA:

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

  • PNW: PNW Railcars (railcar leasing company)

  • 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

Highlights

¥134.9bn

¥160.0bn

(+55.1%)

Net income increased by ¥47.9 billion YoY mainly driven by the strong performance of the Real Estate and Aviation segments, a drastic decline in credit costs of the Global Customer Business segment* (Americas), and the positive impact of consolidated subsidiaries' fiscal period changes.

Net income reached 84.4% of the full-year forecast, reflecting a positive impact from consolidated subsidiaries' fiscal period changes that had been factored into the forecast. However, the full-year forecast remains unchanged as some segments expect higher expenses in 4Q.

* The Global Business segment was renamed to the Global Customer Business segment from 1Q FY2025.

2

In 3Q, net income increased by ¥47.9 billion YoY to ¥134.9 billion, driven by the strong performance of the Real Estate and Aviation segments, a significant decline in credit costs in the Americas business of the Global Customer Business segment, and the positive impact of consolidated subsidiaries' fiscal period changes.

Credit costs in the Americas business declined by ¥12.0 billion YoY on a pre-tax basis, exceeding our initial expectations.

As we have already explained the positive impact of fiscal period changes in 1Q/2Q briefings, I will not go into detail today. Please refer to page 8 for further information.

Net income reached 84.4% of the full-year forecast, reflecting the positive impact of fiscal period changes that had already been factored into the forecast. However, the full-year forecast remains unchanged, as we expect higher expenses in 4Q, including business restructuring costs in the Global Customer Business segment.

Next, please turn to page 5.

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04｜Reference information

03｜FY2025 consolidated financial forecast

02｜Segment updates

01｜3Q FY2025 consolidated financialresults

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