Nichicon : May 9, 2025 Consolidated Financial Results for the Fiscal Year Ended March 31, 2025(Under Japanese GAAP)

(Yen amounts are rounded down to millions, unless otherwise

noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025)

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

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2025	175,751	(3.2)	5,203	(41.6)	7,511	(34.2)	5,877	(28.8)
      March 31, 2024	181,643	(1.7)	8,904	(29.8)	11,407	(25.3)	8,253	5.6

      Note:Comprehensive For the fiscal

      Million

      For the fiscal

      Million

      income

      year ended March 31, 2025

      4,040

      s of yen

      ((72.4)%)

      year ended March 31, 2024

      14,767

      s of yen

      (69.7%)

      	Basic earnings per share	Diluted earnings per share	Rate of return on equity	Ordinary profit to total assets ratio	Operating profit to net sales ratio
      Fiscal year ended	Yen	Yen	%	%	%
      March 31, 2025	86.04	-	5.3	3.8	3.0
      March 31, 2024	120.64	108.98	7.9	5.7	4.9

      Reference:Investment profit (loss) on equity method

      For the fiscal year ended March 31, 2025

      Million 476

      s of yen

      For the fiscal year ended March 31, 2024

      Million 177

      s of yen

   2. Consolidated financial position

      	Total assets	Net assets	Capital adequacy ratio	Net assets per share
      As of	Millions of yen	Millions of yen	%	Yen
      March 31, 2025	192,582	113,814	57.3	1,644.33
      March 31, 2024	206,937	113,839	53.6	1,620.98

      Reference:Owner's equity

      As of March 31,

      2025

      110,43 Million

      2

      s of yen

      As of March 31,

      2024

      110,90 Million

      0

      s of yen

   3. Consolidated cash flows

      	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and equivalents, end of period
      Fiscal year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
      March 31, 2025	18,346	(8,361)	(14,319)	25,519
      March 31, 2024	16,321	(12,734)	(571)	29,387

2. Cash dividends

   	Dividend per share					Total dividend paid	Payout ratio (consolidated)	Ratio of total amount of dividends to net assets (consolidated)
   	First quarter	Second quarter	Third quarter	Year end	Annual
   	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
   Fiscal year ended March 31, 2024	-	16.00	-	17.00	33.00	2,257	27.4	2.2
   Fiscal year ended March 31, 2025	-	17.00	-	18.00	35.00	2,371	40.7	2.1
   Fiscal year ending March 31, 2026 (Forecast)	-	18.00	-	18.00	36.00		40.3

3. Consolidated financial forecast for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)