Consolidated Financial Results for the Three Months Ended June 30, 2025

Consolidated Financial Results

for the Three Months Ended June 30, 2025 [Japanese GAAP]

August 8, 2025

Company name: MITSUI MATSUSHIMA HOLDINGS CO., LTD.

Listing: Tokyo Stock Exchange, Fukuoka Stock Exchange Securities code: 1518

URL: https://www.mitsui-matsushima.co.jp/

Representative: Taishi Yoshioka Representative Director and President

Inquiries: Satoru Eikawa Executive Officer, General Manager of Accounting Department Telephone: +81-92（771）2171

Scheduled date to commence dividend payments: -

Preparation of supplementary material on financial results: Yes Holding of financial results briefing: None

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

1. Consolidated Financial Results for the Three Months Ended June 30, 2025 (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 15,374 13,536	% 13.6 (40.6)	Millions of yen 2,622 1,460	% 79.6 (85.2)	Millions of yen 2,774 1,752	% 58.3 (83.0)	Millions of yen 2,863 1,370	% 109.0 (80.7)

      (Note) Comprehensive income:	Three months ended June 30, 2025:	¥	2,826 million	[	14.7%]
      	Three months ended June 30, 2024:	¥	2,465 million	[	(61.1) %]

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      June 30, 2025	256.08	-
      June 30, 2024	115.60	-

   2. Consolidated Financial Position

   	Total assets	Net assets	Capital adequacy ratio
   As of June 30, 2025 March 31, 2025	Millions of yen 118,606 117,627	Millions of yen 67,232 65,481	% 56.6 55.5

   (Reference) Equity: As of June 30, 2025:	¥	67,085 million
   As of March 31, 2025:	¥	65,336 million

2. Dividends

   	Annual dividends
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Year-end	Total
   Fiscal year ended March 31, 2025 Fiscal year ending March 31, 2026	Yen - -	Yen 50.00	Yen -	Yen 80.00	Yen 130.00
   Fiscal year ending March 31, 2026 (Forecast)		115.00	-	115.00	230.00

   (Note) Revision to the forecast for dividends announced most recently: None

   (Note) The Company plans to carry out a 5-for-1 stock split of its common shares, with an effective date of October 1, 2025.

   The year-end dividend per share for the fiscal year ending March 31, 2026 (Forecast) is stated as the amount without considering the stock split. The year-end dividend per share for the fiscal year ending March 31, 2026 (Forecast) considering the stock split would be 23.00 yen per share.

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2026(April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

(Note) Revision to the financial results forecast announced most recently: None

(Note) The Company plans to carry out a 5-for-1 stock split of its common shares, with an effective date of October 1, 2025. Basic earnings per share is stated as the amount without considering the stock split. Basic earnings per share considering the stock split would be 103.43 yen per share.

1. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None

2. Changes in accounting policies, changes in accounting estimates, and restatement

   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. Restatement: None

3. Number of issued shares (common shares)

   1. Total number of issued shares at the end of the period (including treasury shares): June 30, 2025: 13,064,400 shares

      March 31, 2025: 13,064,400 shares

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

      June 30, 2025: 1,893,452 shares

      March 31, 2025: 1,848,701 shares

   3. Average number of shares outstanding during the period:

Three months ended June 30, 2025: 11,182,149 shares

Three months ended June 30, 2024: 11,852,911 shares

(Note) The number of treasury stocks to be deducted for calculating the number of treasury stocks at the end of the period

includes the Company's stocks held by the Board Benefit Trust (BBT) (1Q FY2025: 198,000 shares; FY2024: 198,000 shares).

The number of treasury stocks to be deducted for calculating the average number of shares during the period (cumulative total) includes the Company's stocks held by the BBT (1Q FY2025: 198,000 shares; 1Q FY2024: 130,850 shares)

• Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

• Proper use of earnings forecasts, and other special matters

The forward-looking statements concerning future performance included in this report are based on the information available at the time of this report and certain assumptions we deemed reasonable. Therefore, actual results may differ significantly from theseforward-looking statements due to various factors. For notes regarding the conditions that serve as assumptions for the

earningsforecast and the use of the earnings forecast, please refer to "(3) Explanation Regarding the Consolidated Earnings Forecast and Other Information on Future Projections" on page 4 of the appended material.