Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 (May.13, 2025)

May 13, 2025

Company name: Nippon Chemi-Con Corporation Listing: Tokyo Stock Exchange

Securities code: 6997

URL: https://www.chemi-con.co.jp/

Representative: Kenichi Konno, Representative Director and President Inquiries: Osamu Ishii, Director

Telephone: +81-3-5436-7711

Scheduled date of annual general meeting of shareholders: June 27, 2025 Scheduled date to commence dividend payments: -

Scheduled date to file annual securities report: June 26, 2025

Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (for institutional investors and securities analysts)

(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)

   Note: Comprehensive income For the fiscal year ended March 31, 2025:	¥3,260 million	[-%]
   For the fiscal year ended March 31, 2024:	¥(13,667) million	[-%]

   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	122,684	(18.6)	3,740	(60.3)	1,568	(80.2)	37	-
      March 31, 2024	150,740	(6.9)	9,422	(27.2)	7,913	(28.0)	(21,291)	-

      	Basic earnings per share	Diluted earnings per share	Return on equity	Ratio of ordinary profit to total assets	Ratio of operating profit to net sales
      Fiscal year ended	Yen	Yen	%	%	%
      March 31, 2025	1.75	0.95	0.1	0.9	3.0
      March 31, 2024	(1,029.15)	-	(41.2)	4.7	6.3

      Reference: Share of profit (loss) of entities accounted for using equity method

      For the fiscal year ended March 31, 2025: ¥833 million

      For the fiscal year ended March 31, 2024: ¥508 million

   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
      March 31, 2025	162,702	56,667	34.5	1,902.11
      March 31, 2024	172,921	53,610	30.7	1,776.97

      Reference: Equity

      As of March 31, 2025: ¥56,118 million

      As of March 31, 2024: ¥53,097 million

   3. Consolidated cash flows

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
   Fiscal year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
   March 31, 2025	(493)	(9,754)	(11,931)	23,864
   March 31, 2024	(12,959)	(4,817)	35,421	45,295

2. Cash dividends

   	Annual dividends per share					Total cash dividends (Total)	Payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
   Fiscal year ended March 31, 2024	-	0.00	-	0.00	0.00	-	-	-
   Fiscal year ended March 31, 2025	-	0.00	-	0.00	0.00	-	-	-
   Fiscal year ending March 31, 2026 (Forecast)		0.00		20.00	20.00		9.7

   Note: The above "Cash dividends" refers to dividends on common shares. Please refer to "Cash dividends on class shares" below for the status of dividends on class shares (unlisted) that have different rights from those of common shares issued by the Company.

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.)

1. Significant changes in the scope of consolidation during the period: 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: Yes

   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)

      As of March 31, 2025	21,939,933 shares
      As of March 31, 2024	21,939,933 shares

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

      As of March 31, 2025	611,758 shares
      As of March 31, 2024	581,744 shares

   3. Average number of shares outstanding during the period

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

   	Net sales		Operating profit		Ordinary profit		Profit
   Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
   March 31, 2025	113,397	(8.1)	2,612	(50.5)	477	(92.6)	(821)	-
   March 31, 2024	123,330	(13.9)	5,282	(20.5)	6,413	(3.5)	(20,700)	-

   	Basic earnings per share	Diluted earnings per share
   Fiscal year ended	Yen	Yen
   March 31, 2025	(37.51)	-
   March 31, 2024	(990.74)	-

2. Non-consolidated financial position

Reference: Equity

As of March 31, 2025: ¥24,376 million

As of March 31, 2024: ¥25,344 million

• Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.

• Proper use of earnings forecasts, and other special matters

Earnings forecasts are forecasts reasonably judged by the Company based on information available at the time of preparation of this document, and actual results may vary in the future due to various factors. For matters related to the above earnings forecasts, please refer to "1. Please refer to "Summary of Business Results (4) Future Outlook".

Status of Dividends on Class Shares

The breakdown of dividends per share for common shares and shares with different rights is as follows.

Note: The number of Class A shares issued above is 10,000 shares. In addition, the source of dividends for the fiscal year ending March 31, 2025 is capital surplus. For details, please refer to "Breakdown of dividends using capital surplus as the source of dividends" below.

Breakdown of dividends using capital surplus as the source of dividends

The breakdown of dividends at the end of the fiscal year ending March 31, 2025 using capital surplus as a source of dividends is as follows.

Note: Percentage decrease in net assets: 0.149