Nippon Chemi-con CorporationTSE: 6997

Summary of Consolidated Financial Results for the Six Months Ended September 30, 2025(November 6, 2025)

· Issued by Nippon Chemi-Con Corporation

DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

November 6, 2025

Consolidated Financial Results for the Six Months Ended September 30, 2025 (Under Japanese GAAP)

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

Securities code: 6997

URL: https://www.chemi-con.co.jp/ Representative: Kenichi Konno, President Inquiries: Osamu Ishii, Director

Telephone: +81-3-5436-7711

Scheduled date to file semi-annual securities report: November 7, 2025

Scheduled date to commence dividend payments: -

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 six months ended September 30, 2025 (from April 1, 2025 to September 30, 2025)
    1. Consolidated operating results (Percentages indicate year-on-year changes.)

      Net sales

      Operating profit

      Ordinary profit

      Profit attributable to owners of parent

      Six months ended

      Millions of yen

      %

      Millions of yen

      %

      Millions of yen

      %

      Millions of yen

      %

      September 30, 2025

      64,246

      7.2

      956

      (48.3)

      779

      161.2

      269

      244.9

      September 30, 2024

      59,914

      (25.4)

      1,850

      (63.9)

      298

      (94.4)

      78

      -

      Note: Comprehensive income For the six months ended September 30, 2025:

      ¥(918) million

      [-%]

      For the six months ended September 30, 2024:

      ¥1,049 million

      [-%]

      Basic earnings per share

      Diluted earnings per share

      Six months ended

      Yen

      Yen

      September 30, 2025

      12.63

      6.99

      September 30, 2024

      3.66

      2.37

    2. Consolidated financial position

    Total assets

    Net assets

    Equity-to-asset ratio

    As of

    Millions of yen

    Millions of yen

    %

    September 30, 2025

    161,570

    55,184

    33.8

    March 31, 2025

    162,702

    56,667

    34.5

    Reference: Equity

    As of September 30, 2025: ¥54,615 million

    As of March 31, 2025: ¥56,118 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

    -

    0.00

    -

    0.00

    0.00

    Fiscal year ending March 31, 2026

    -

    0.00

    Fiscal year ending

    March 31, 2026 (Forecast)

    20.00

    20.00

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

    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.)

Net sales

Operating profit

Ordinary profit

Profit attributable to owners of parent

Basic earnings per share

Fiscal year ending March 31, 2026

Millions of yen

137,000

%

11.7

Millions of yen

4,000

%

6.9

Millions of yen

2,500

%

59.4

Millions of yen

1,500

%

-

Yen

68.78

Note: Revisions to the earnings forecasts most recently announced: Yes

* Notes
  1. Significant changes in the scope of consolidation during the period: None

  2. Adoption of accounting treatment specific to the preparation of semi-annual 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 September 30, 2025

      22,440,854 shares

      As of March 31, 2025

      21,939,933 shares

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

      As of September 30, 2025

      612,295 shares

      As of March 31, 2025

      611,758 shares

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

Six months ended September 30, 2025

21,366,286 shares

Six months ended September 30, 2024

21,357,740 shares

  • Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit firm.

  • 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.

Status of Dividends on Class Shares

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

Annual Dividends

End of the first quarter

End of the second quarter

End of the third quarter

end of term

sum

Class A Shares

The fiscal year ending March 31, 2025

Yen

-

Yen

-

Yen

-

Yen

55,000.00

Yen

55,000.00

The fiscal year ending March 31, 2026

-

-

The fiscal year ending March 31, 2026 (Forecast)

-

55,000.00

55,000.00

Note: The number of Class A shares issued above is 10,000 shares.

Semi-annual consolidated balance sheet

(Millions of yen)

As of March 31, 2025 As of September 30, 2025

Assets

Current assets

Cash and deposits

23,870

20,077

Electronically recorded monetary claims and accounts receivable-trade

23,716

26,569

Merchandise and finished goods

12,807

13,075

Work in process

14,105

13,421

Raw materials and supplies

6,169

6,243

Other

6,004

5,631

Allowance for doubtful accounts

(53)

(57)

Total current assets

86,620

84,962

Non-current assets

Property, plant and equipment

Buildings and structures, net

15,153

14,822

Machinery, equipment and vehicles, net

16,081

16,350

Tools, furniture and fixtures, net

2,823

2,655

Land

6,954

6,973

Leased assets, net

338

733

Right-of-use assets, net

2,785

3,102

Construction in progress

4,194

4,222

Total property, plant and equipment

48,330

48,860

Intangible assets

2,308

2,319

Investments and other assets

Investment securities

15,007

15,199

Retirement benefit asset

6,649

6,807

Deferred tax assets

1,668

1,501

Other

2,135

1,937

Allowance for doubtful accounts

(18)

(16)

Total investments and other assets

25,443

25,428

Total non-current assets

76,082

76,608

Total assets

162,702

161,570

(Millions of yen)

As of March 31, 2025

As of September 30, 2025

Liabilities

Current liabilities

Notes and accounts payable - trade

7,335

7,226

Short-term borrowings

36,736

38,232

Accounts payable - other

5,089

4,614

Income taxes payable

648

603

Provision for bonuses

1,109

1,597

Other

9,711

10,970

Total current liabilities

60,631

63,244

Non-current liabilities

Long-term borrowings

38,100

35,250

Retirement benefit liability

2,813

2,978

Other

4,489

4,913

Total non-current liabilities

45,403

43,142

Total liabilities

106,034

106,386

Net assets

Shareholders' equity

Share capital

5,452

5,452

Capital surplus

57,343

56,793

Retained earnings

(26,681)

(26,425)

Treasury shares

(961)

(961)

Total shareholders' equity

35,153

34,858

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

(121)

13

Foreign currency translation adjustment

12,599

11,507

Remeasurements of defined benefit plans

8,486

8,235

Total accumulated other comprehensive income

20,965

19,757

Non-controlling interests

548

568

Total net assets

56,667

55,184

Total liabilities and net assets

162,702

161,570

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