NIKKON : ［Summary］Consolidated Financial Results for the Three Months Ended June 30, 2025(Under Japanese GAAP)

August 8, 2025

Company name: NIKKON Holdings Co., Ltd. Listing: Tokyo Stock Exchange

Securities code: 9072

URL: https://www.nikkon-hd.co.jp

Representative: Masakatsu Kuroiwa, President and Representative Director

Inquiries: Yasunori Matsuda, Representative Director and Managing Executive Officer Telephone: +81-3-3541-5330

Scheduled date to commence dividend payments: -

Preparation of supplementary material on financial results: None

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 (from April 1, 2025 to June 30, 2025)
   1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      June 30, 2025	65,826	13.6	5,015	(0.9)	5,545	(15.2)	2,699	(39.3)
      June 30, 2024	57,968	8.4	5,058	(2.2)	6,536	8.5	4,450	10.1

      Note: Comprehensive income For the three months ended June 30, 2025:	¥2,321 million	[(19.4)%]
      For the three months ended June 30, 2024:	¥2,880 million	[(68.2)%]

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      June 30, 2025	22.33	20.47
      June 30, 2024	35.28	35.22

      Note: The Company has conducted a stock split at the ratio of two shares to one share as of October 1, 2024. "Basic earnings per share" and "diluted earnings per share" are calculated on the assumption that the said share split was conducted at the beginning of the previous fiscal year.

   2. Consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio
   As of	Millions of yen	Millions of yen	%
   June 30, 2025	434,282	248,664	55.5
   March 31, 2025	428,759	249,679	56.4

   Reference: Equity

   As of June 30, 2025: ¥241,053 million

   As of March 31, 2025: ¥241,627 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	-	54.00	-	27.00	-
   Fiscal year ending March 31, 2026	-
   Fiscal year ending March 31, 2026 (Forecast)		37.00		37.00	74.00

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

   Note: The Company has conducted a stock split at the ratio of two shares to one share as of October 1, 2024. Dividends for the second quarter of the fiscal year ending March 31, 2025 are the actual amount of dividends before the split. The total annual dividends for the fiscal year ending March 31, 2025 are listed as "-" because they cannot be simply combined due to the implementation of the stock split. The year-end dividend per share for the fiscal year ending March 31, 2025, which does not take into account the stock split, will be 54 yen per share, and the annual dividend per share will be 108 yen.

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: Yes

   Note: For details, see Quarterly Financial Results Appendix 8 "2. See Quarterly Consolidated Financial Statements and Key Notes (3) Notes on Quarterly Consolidated Financial Statements (Notes on Accounting Procedures Specific to the Preparation of Quarterly Consolidated Financial Statements).

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 June 30, 2025	126,479,784 shares
      As of March 31, 2025	126,479,784 shares

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

      As of June 30, 2025	5,594,372 shares
      As of March 31, 2025	5,594,372 shares

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

Note: The Company has conducted a stock split at the ratio of two shares to one share as of October 1, 2024. Assuming that the stock split occurred at the beginning of the previous fiscal year, the number of shares outstanding at the end of the period, the number of treasury shares at the end of the fiscal year, and the average number of shares during the period are calculated. The number of treasury shares at the end of the fiscal year and the number of treasury shares deducted for the calculation of the number of treasury

shares during the period include the Company's treasury stock (98,400 shares at the end of the fiscal year ending March 31, 2025 and 98,400 shares in the first quarter of the fiscal year ending March 31, 2026) held by the trust for which the directors are the beneficiaries.

• Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:nothing

• Proper use of earnings forecasts, and other special matters

The forward-looking statements, including forecasts of financial results, contained in these materials are based on information available to the Company and on certain assumptions deemed to be reasonable. Actual financial results may differ from the results anticipated in the statements due to various factors.

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Notes on segment information, etc.) Segment Information

1. the three months of the previous fiscal year (April 1, 2024 to June 30, 2024)

   1. Information on sales and the amount of profit or loss for each reported segment, as well as information on the breakdown of revenues

      (in millions of yen)
      	Reportable segments					Other (Note)	Total
      	Transportation segment	Warehouse segment	Packaging segment	Test segment	Total
      Sales
      automobile	8,502	2,486	6,747	5,596	23,333	139	23,472
      Automotive Parts	5,911	2,820	2,834	142	11,708	301	12,010
      housing	3,945	871	1,975	-	6,792	35	6,828
      Agricultural Machinery	1,156	463	265	9	1,895	20	1,916
      Food & Beverage	445	635	206	-	1,287	3	1,290
      Newspapers & Publications	1,185	-	-	-	1,185	-	1,185
      Other	5,306	2,616	2,073	4	10,000	823	10,824
      Revenue generated from customer contracts	26,454	9,893	14,103	5,752	56,204	1,324	57,528
      Other Earnings	-	158	-	-	158	282	440
      Revenues from external customers	26,454	10,052	14,103	5,752	56,362	1,606	57,968
      Transactions with other segments	96	72	142	2	313	616	929
      Total	26,550	10,124	14,245	5,754	56,676	2,222	58,898
      Segment Profit	937	2,002	1,148	804	4,892	154	5,046

      Note: The "Other" category refers to business segments that are not included in the reporting segments, and includes customs clearance and automobile repair businesses.

   2. The difference between the total amount of profit or loss of the reported segment and the amount recorded in the quarterly consolidated statements of income and the main details of the difference (matters related to adjustment of differences)

      (in millions of yen)

      benefit	amount of money
      Total Reporting Segments	4,892
      Benefits of the "Other" category	154
      Other Adjustments (Note)	11
      Operating Income in Quarterly Consolidated Statements of Income	5,058

      Note Other adjustments are the differences that occur when you delete commercial and non-business transactions.

   3. Information on impairment losses or goodwill on fixed assets by reporting segment (Significant fluctuations in the amount of goodwill)

      In the "Transportation Business" segment, the acquisition of an interest in Supreme Auto Transport, LLC. is included in the scope of consolidation. The increase in goodwill as a result of this event amounted to 14,092 million yen in the three months of the current fiscal year. The amount of goodwill is calculated based on provisional accounting because the allocation of acquisition costs of Supreme Auto Transport, LLC. has not been completed at the end of the three months of the current fiscal year.

2. the three months of the current fiscal year (April 1, 2025 to June 30, 2025)

   1. Information on sales and the amount of profit or loss for each reported segment, as well as information on the breakdown of revenues

      (in millions of yen)
      	Reportable segments					Other (Note)	Total
      	Transportation segment	Warehouse segment	Packaging segment	Test segment	Total
      Sales
      automobile	11,291	2,817	6,521	5,705	26,336	1,084	27,420
      Automotive Parts	6,202	2,817	2,748	152	11,921	1,417	13,338
      housing	4,090	854	2,002	-	6,947	453	7,401
      Agricultural Machinery	1,296	444	258	1	2,001	25	2,026
      Food & Beverage	496	544	223	-	1,264	54	1,318
      Newspapers & Publications	1,110	0	20	-	1,131	-	1,131
      Other	5,861	2,869	2,185	3	10,919	1,516	12,436
      Revenue generated from customer contracts	30,349	10,348	13,960	5,863	60,521	4,552	65,074
      Other Earnings	-	167	-	-	167	584	751
      Revenues from external customers	30,349	10,515	13,960	5,863	60,689	5,137	65,826
      Transactions with other segments	66	75	121	3	267	651	919
      Total	30,416	10,590	14,082	5,867	60,956	5,788	66,745
      Segment profit (loss)	1,827	2,117	950	749	5,644	(648)	4,996

      Note: The "Other" category refers to business segments that are not included in the reporting segments, and includes customs clearance and the manufacturing and sales of packaging materials.

   2. The difference between the total amount of profit or loss of the reported segment and the amount recorded in the quarterly consolidated statements of income and the main details of the difference (matters related to adjustment of differences)

      (in millions of yen)

      benefit

      amount of money

      Total Reporting Segments	5,644
      Benefits of the "Other" category	648
      Other Adjustments (Note)	18
      Operating Income in Quarterly Consolidated Statements of Income	5,015

      Note Other adjustments are the differences that occur when you delete commercial and non-business transactions.

   3. Information on impairment losses or goodwill on fixed assets by reporting segment It is omitted because it is not important.