Consolidated Financial Results for the Nine Months Ended December 31,2025 (Under Japanese GAAP)

January 30, 2026

Company name: ＮＩＣＨＩＨＡＣＯＲＰＯＲＡＴＩＯＮ

Listing: Tokyo Stock Exchange / Nagoya Stock Exchange

Securities code: 7943

URL: https://www.nichiha.co.jp

Representative: Narumitsu Yoshioka, President and Representative Director Inquiries: Kazushi Tonoi, Director,Senior Executive Officer Telephone: +81-52-220-5111

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 nine months ended December 31, 2025 (from April 1, 2025 to December 31, 2025)
   1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Nine months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      December 31, 2025	109,295	(2.5)	6,274	12.3	6,740	8.3	4,547	20.7
      December 31, 2024	112,155	4.0	5,585	(27.2)	6,223	(26.5)	3,767	(33.0)

      Note: Comprehensive income For the nine months ended December 31, 2025:	¥2,621 million	[(22.1)%]
      For the nine months ended December 31, 2024:	¥3,363 million	[(71.2)%]

      	Basic earnings per share	Diluted earnings per share
      Nine months ended	Yen	Yen
      December 31, 2025	135.59	135.30
      December 31, 2024	108.82	108.59

   2. Consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of	Millions of yen	Millions of yen	%	Yen
   December 31, 2025	170,706	120,515	70.8	3,640.76
   March 31, 2025	177,455	124,157	70.2	3,659.66

   Reference: Equity

   As of December 31, 2025: ¥120,887 million

   As of March 31, 2025: ¥124,518 million

2. Cash dividends

   	Annual dividends per share
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen
   Fiscal year ended March 31, 2025	-	57.00	-	57.00	114.00
   Fiscal year ending March 31, 2026	-	57.00	-
   Fiscal year ending March 31, 2026 (Forecast)				57.00	114.00

   Note: Revisions to the forecast of cash dividends most recently announced: None

3. Forecast of consolidated financial results 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 the scope of consolidation during the period: None

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

3. 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

4. Number of issued shares (common shares)

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

      As of December 31, 2025	34,487,164 shares
      As of March 31, 2025	37,324,264 shares

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

      As of December 31, 2025	1,283,313 shares
      As of March 31, 2025	3,299,644 shares

   3. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

• 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

(Cautions on forward-looking statements, etc.)

The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors. For the conditions on which earnings forecasts are predicated and other matters related to earnings forecasts, please refer to Appendix P.3 "1. Qualitative Information on the Financial Results for the this quarter (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."

(Millions of yen)

(Millions of yen)

(Notes on segment information, etc.) Segment Information

1. The nine months of the previous fiscal year (April 1, 2024 to December 31, 2024)

   1. Information on sales and the amount of profit or loss for each reported segment

      (Millions of yen)

      	Reportable segments	Others (Note 1)	Total	Adjustment amount (Note 2)	Quarterly Consolidated Income and Statement of Comprehensive Income (Note 3)
      	Exterior building materials business
      Sales Revenues from external customers Transactions with other segments	105,002 770	7,152 1,473	112,155 2,243	-(2,243)	112,155 -
      Total	105,773	8,625	114,398	(2,243)	112,155
      Segment profit (loss)	7,617	79	7,696	(2,111)	5,585

      Note: 1. The "Other" category refers to business segments that are not included in the reporting segments and includes the fiberboard business, construction business, FP business, and other businesses.

   2. Adjustments for segment profits or losses include (2,136) million yen in corporate expenses and 25 million yen in adjustments that have not been allocated to each reporting segment. Company-wide expenses are mainly expenses related to the Company's general affairs and other administrative divisions that are not attributable to the reporting segment.

   3. Segment profit or loss is adjusted for operating income in the quarterly consolidated income and comprehensive income statement.

      2. Information on impairment losses or goodwill on fixed assets by reporting segment Not applicable.

2. The nine months of the current fiscal year (April 1, 2025 to December 31, 2025)

   1. Information on sales and the amount of profit or loss for each reported segment

      (Millions of yen)

      	Reportable segments	Others (Note 1)	Total	Adjustment amount (Note 2)	Quarterly Consolidated Income and Statement of Comprehensive Income (Note 3)
      	Exterior building materials business
      Sales Revenues from external customers Transactions with other segments	102,040 868	7,255 1,474	109,295 2,343	-(2,343)	109,295 -
      Total	102,908	8,729	111,638	(2,343)	109,295
      Segment profit (loss)	8,189	138	8,328	(2,053)	6,274

      Note: 1. The "Other" category refers to business segments that are not included in the reporting segments and includes the fiberboard business, construction business, FP business, and other businesses.

   2. Adjustments for segment profits or losses include (2,079) million yen in corporate expenses and 25 million yen in adjustments that have not been allocated to each reporting segment. Company-wide expenses are mainly expenses related to the Company's general affairs and other administrative divisions that are not attributable to the reporting segment.

   3. Segment profit or loss is adjusted for operating income in the quarterly consolidated income and comprehensive income statement.

2. Information on impairment losses or goodwill on fixed assets by reporting segment Not applicable.