Quarterly Financial Summary First Quarter FY2025

Date: July 28, 2025

Company Representative: Hideo Takasaki, President

Contact Person: Yasuhiro Iseyama, Senior Executive Vice President, Director of Corporate Accounting & Finance Division Phone: +81-6-7632-2101

Estimated starting date of dividend paying: -Preparation of supplementary explanatory materials: Yes

Holding of quarterly earnings release conference: Yes (for investment analysts and institutional investors)

(All monetary values noted herein are rounded down to the nearest million yen)

1. Consolidated financial results for the three months ended June 30, 2025

   1. Operating results (% of change from same period in the previous year)

      	Revenue		Operating profit		Profit before income taxes		Net profit		Net profit attributable to owners of the parent company		Total comprehensive income
      For the three months ended June 30, 2025 For the three months ended June 30, 2024	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      	246,192 249,310	(1.3) 19.6	42,645 50,696	(15.9) 126.2	43,307 50,599	(14.4) 128.2	31,322 36,145	(13.3) 137.9	31,303 36,128	(13.4) 138.2	27,978 70,883	(60.5) 44.2

      	Basic earnings per share	Diluted earnings per share
      	Yen	Yen
      For the three months ended June 30, 2025	45.68	45.66
      For the three months ended June 30, 2024	51.45	51.43

      (Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above basic and diluted earnings per share for the three months ended June 30, 2024 and 2025 are based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

   2. Financial position

      	Total assets	Total equity	Equity attributable to owners of the parent company	Ratio of equity attributable to owners of the parent company to total assets
      	Millions of yen	Millions of yen	Millions of yen	%
      As of June 30, 2025	1,282,300	1,021,479	1,020,450	79.6
      As of March 31, 2025	1,321,920	1,045,114	1,044,083	79.0

2. Dividends

   	Dividends per share
   	1Q	2Q	3Q	Year-end	Annual
   March, 2025 March, 2026	Yen - -	Yen 140.00	Yen -	Yen 28.00	Yen -
   (Forecast) March, 2026		30.00	-	30.00	60.00

   (Note) 1. Revision of dividend forecast in the current quarter: No

   2. The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above year-end dividend per share for the fiscal year ended March 31, 2025 is based on a number of shares taking into account the stock split. The total annual dividend per share for the fiscal year ended March 31, 2025 is not presented because the total of the interim dividend and the year-end dividend cannot be calculated due to effect of the stock split. With taking the stock split into account, the interim dividend per share for the fiscal year ended March 31, 2025 would be 28 yen and the total annual dividend per share for the fiscal year ended March 31, 2025 would be 56 yen.

3. Forecast for fiscal year ending March 31, 2026

(% of change from same period in the previous year)

(Note) Revision of consolidated forecast in the current quarter: Yes

The consolidated forecasts for the cumulative second quarter ending September 30, 2025, which were announced on Summary of Consolidated Financial Statements dated April 25, 2025, have been revised.

• Others

  1. Significant changes in the scope of consolidation during the period: No

  2. Changes in accounting policies applied and changes in accounting estimates

     1. Changes in accounting policies required by IFRS: No

     2. Changes in accounting policies other than the above: No

     3. Changes in accounting estimates: No

  3. Number of issued shares (Common stock)

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

        As of June 30, 2025: 706,760,750 As of March 31, 2025: 706,760,750

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

        As of June 30, 2025: 24,326,250 As of March 31, 2025: 11,826,050

     3. Average number of issued shares during the period (cumulative from the beginning of the period)

        April-June 2025: 685,323,967 April-June 2024: 702,160,583

        (Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above "Number of issued shares at the end of the period", "Number of treasury shares at the end of the period" and "Average number of issued shares during the period" are based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

• Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: Yes (voluntary)

• Explanations for adequate utilization of the forecast and other special matters

The forward-looking statements shown in this report, including the forecast, are prepared based on information available to the Company and on certain assumptions deemed reasonable as of the issuing date of the report. Consequently, the statements herein do not constitute promises regarding actual results by the Company. Actual results may differ materially from forecasted figures due to various unknown factors. For conditions regarding this forecast and precaution for use, please refer to "1. Overview of operating results, etc. (3) Explanation of forecasts and other projections" on page 5 of the Attachment to this summary of consolidated financial results.

(Attached Documents) Index

1. Overview of operating results, etc. 2

   1. Overview of operating results during the period 2

   2. Overview of financial position during the period. 5

   3. Explanation of forecasts and other projections. 5

2. Quarterly Consolidated Financial Statements and Key Notes. 6

   1. Quarterly consolidated statement of financial position. 6

   2. Quarterly consolidated statement of profit or loss and quarterly consolidated statement of comprehensive income. 8

   3. Quarterly consolidated statement of changes in equity. 10

   4. Quarterly consolidated statement of cash flows. 11

   5. Notes on quarterly consolidated financial statements. 12

(Notes on going concern assumption). 12

(Notes on quarterly consolidated financial statements) 12

(Segment information). 13

(Notes on dividends). 15

(Equity and other equity items). 15

(Revenue). 16

(Per share information). 18

(Significant subsequent events). 18

1. Overview of operating results, etc

   1. Overview of operating results during the period

      During the first quarter of the fiscal year ending March 31, 2026 (April 1, 2025 through June 30, 2025), the economic environment was marked by heightened uncertainty, driven by a series of tariff measures imposed by U.S. President Trump, which disrupted the economies and trade policies of countries around the world. Additionally, rising geopolitical risks in the Middle East further intensified concerns about the future outlook. In the United States, although there was a temporary pre-tariff surge in automobile demand, overall growth rate of personal consumption slowed. Meanwhile, the Federal Reserve Board (FRB) closely monitored the impact of tariffs on the economy and decided to keep interest rates unchanged. In Europe, the central bank lowered interest rates against a backdrop of declining inflation rate, leading to a gradual economic recovery. In China, personal consumption saw a modest rebound as the government implemented a trade-in program to promote the replacement of consumer goods. In addition, a pre-tariff surge in demand in Asian countries led to an increase in exports of raw materials and components. In Japan, inbound consumption remained strong, and spending in service sectors such as dining out supported overall personal consumption. However, uncertainty surrounding the future impact of President Trump's tariff policies led to restrained and delayed capital investment in the manufacturing sector, raising concerns of a potential economic slowdown. In the foreign exchange market, the yen appreciated against the U.S. dollar compared with the same period of the previous year.

      Under these circumstances, in the key markets of Nitto Group (the "Group"), accelerated production activity was observed in automobiles, IT devices, and high-end smartphones during the grace period prior to the implementation of additional U.S. tariffs, resulting in increased demand for our products. On the other hand, the yen's exchange rate against the U.S. dollar for the first quarter ended June 30, 2025, was 145.7 yen to the dollar, a 5.8% appreciation of the yen compared with the same period of the previous year, and the effect of the stronger yen decreased operating profit by 6.8 billion yen.

      As a result of the above, revenue decreased by 1.3% from the same period of the previous year (changes hereafter are given in comparison with the same period of the previous year) to 246,192 million yen. Operating profit decreased by 15.9% to 42,645 million yen, profit before income taxes decreased by 14.4% to 43,307 million yen, net profit decreased by 13.3% to 31,322 million yen, and net profit attributable to owners of the parent company decreased by 13.4% to 31,303 million yen.

      Summary of results by segment

      ① Industrial Tape

      In Functional Base Products, revenue increased from the same period of the previous year. Demand for assembly materials used in high-end smartphones increased due to the expansion of models adopting battery bonding electrical release tape. In addition, demand for process materials used in the production of semiconductor memories and ceramic capacitors increased. Revenue for automotive materials decreased due to the decline in the number of automotive unit production by Japanese manufacturers in China.

      As a result of the above, revenue increased by 0.5% to 85,780 million yen and operating profit decreased by 12.3% to 9,871 million yen.

      ② Optronics

      In Information Fine Materials, revenue did not reach the level of the same period of the previous year. Demand for optical films increased due to the accelerated production of high-end laptop PCs and tablets. On the other hand, revenue decreased due to the strategic withdrawal from optical films for LCD smartphones and price reductions resulting from material rationalization of process protection films.

      In Circuit Materials, revenue increased from the same period of the previous year. Demand for high-precision circuits increased due to the accelerated production of high-end smartphones. Demand for Circuit Integrated Suspension (CIS) used in Hard Disk Drives (HDDs) with higher capacity for data centers remained strong driven by the spread of generative AI.

      As a result of the above, revenue decreased by 3.8% to 130,541 million yen and operating profit decreased by 19.4% to 36,755 million yen.

      ③ Human Life

      In Life Science, revenue increased from the same period of the previous year. Demand for oligonucleotide contract manufacturing and nucleic acid synthesis materials (NittoPhaseTM) used within the manufacturing process increased. Additionally, for the large-scale project expected to be commercialized in the future, preparations are underway to begin production from the second quarter of the current fiscal year.

      In nucleic acid drug discovery, Phase 1 clinical trial of intractable cancer drug was completed in the first quarter of the previous fiscal year and the Group continues to work toward out-licensing its pipeline.

      In Membrane (high-polymer separation membrane), revenue increased from the same period of the previous year. Demand for Zero Liquid Discharge (ZLD) contributing to the complete reduction of industrial wastewater and effluent increased due to the tightening of environmental regulations relating to wastewater in India and China.

      In Personal Care Materials, revenue increased from the same period of the previous year. The Group promoted our new products in hygiene materials for diapers and environmentally friendly products using biodegradable technologies.

      As a result of the above, revenue increased by 2.9% to 32,476 million yen and operating loss amounted to 1,630 million yen. (operating loss of 3,140 million yen was reported in the same period of the previous year)

      ④ Others

      Please note that this segment includes new products that have not generated sufficient revenue yet. The Group is concentrating our management resources on themes that are candidates for PlanetFlags/HumanFlags in areas of next generation semiconductors, environmental solutions, and digital health, with the aim of commercializing them as early as possible.

      As a result of the above, revenue increased by 170.8% to 3 million yen and operating loss amounted to 1,700 million yen. (operating loss of 1,756 million yen was reported in the same period of the previous year)

      (Reference) Segment Information (Millions of yen)

      For the three months ended June 30, 2024

      For the three months ended June 30, 2025

      Industrial Tape

      Optronics

      Human Life

      Others Adjustment Total

      Revenue Revenue Y-o-Y (%)

      Revenue 85,339 85,780 100.5

      Operating profit 11,260 9,871 87.7

      Information Fine Materials 105,382 99,528 94.4

      Circuit Materials 30,381 31,013 102.1

      Total 135,763 130,541 96.2

      Operating profit 45,609 36,755 80.6

      Life Science 10,173 10,428 102.5

      Membrane 8,256 8,596 104.1

      Personal Care Materials 13,141 13,450 102.4

      Total 31,571 32,476 102.9

      Operating profit (3,140) (1,630) -

      Revenue 1 3 270.8

      Operating profit (1,756) (1,700) -

      Revenue (3,364) (2,609) -

      Operating profit (1,277) (650) -

      Revenue 249,310 246,192 98.7

      Operating profit 50,696 42,645 84.1

      (Note) As a result of changes in the management structure for the three months ended June 30, 2025, some changes have been made to reporting segments. Such changes have been reflected in the figures for the three months ended June 30, 2024.

   2. Overview of financial position during the period

      The Group's financial position at the end of the first quarter of the fiscal year ending March 31, 2026 was as follows.

      Compared with the end of the fiscal year ended March 31, 2025, total assets decreased by 39,619 million yen to 1,282,300 million yen and total liabilities decreased by 15,985 million yen to 260,821 million yen. Total equity decreased by 23,634 million yen to 1,021,479 million yen. This was mainly due to a 11,845 million yen increase in retained earnings, a 32,198 million yen increase in treasury shares and a 3,279 million yen increase in other components of equity from the end of the fiscal year ended March 31, 2025. As a result, the ratio of equity attributable to owners of the parent company to total assets changed from 79.0% at the end of the fiscal year ended March 31, 2025 to 79.6% at the end of the first quarter of the fiscal year ending March 31, 2026.

      The main changes in assets were a decrease in cash and cash equivalents of 72,387 million yen, an increase in trade and other receivables of 6,519 million yen, an increase in inventories of 4,004 million yen, an increase in other financial assets of 3,418 million yen, an increase in other current assets of 7,663 million yen, an increase in property, plant and equipment of 5,819 million yen, an increase in goodwill of 2,000 million yen, an increase in financial assets of 2,939 million yen, an increase in other noncurrent assets of 2,130 million yen. In terms of liabilities, trade and other payables increased by 7,516 million yen, income tax payables decreased by 12,518 million yen, other current financial liabilities decreased by 8,936 million yen.

   3. Explanation of forecasts and other projections

      As accelerated production activity was observed in automobiles, IT devices, and high-end smartphones in anticipation of the implementation of additional U.S. tariffs, resulting in increased demand for our products, the consolidated forecasts for the cumulative second quarter ending September 30, 2025, have been revised. However, the consolidated forecasts for the full fiscal year ending March 31, 2026, remains unchanged from the initial announcement due to ongoing economic uncertainties. We will promptly disclose any revisions to the forecasts as necessary, taking into account future performance trends.

      Revision of consolidated forecasts for the six months ending September 30, 2025 (April 1, 2025 through September 30, 2025)

      	Revenue	Operating profit	Profit before income taxes	Net profit	Net profit attributable to owners of the parent company	Basic earnings per share
      Previous forecast (A)	Millions of yen 492,000	Millions of yen 86,000	Millions of yen 86,000	Millions of yen 63,000	Millions of yen 63,000	Yen 90.66
      Revised forecast (B)	500,000	90,000	90,000	66,000	66,000	96.30
      Difference (B) - (A)	8,000	4,000	4,000	3,000	3,000	-
      Rate of change (%)	1.6	4.7	4.7	4.8	4.8	-
      (Reference) Consolidated financial results for the six months ended September 30, 2024	521,723	109,267	108,932	80,009	79,975	113.92

      (Note) The above results and forecasts are forward-looking statements determined by the Company based on currently available information that may include risks and uncertainties. Please be aware that actual results may vary significantly due to various factors.

2. Quarterly Consolidated Financial Statements and Key Notes

   1. Quarterly consolidated statement of financial position

      Assets

      Current assets

      (Millions of yen)

      As of March 31, 2025 As of June 30, 2025

      Cash and cash equivalents	363,344		290,957
      Trade and other receivables	210,418		216,937
      Inventories	142,932		146,937
      Other financial assets	7,732		11,151
      Other current assets	25,781		33,444
      Total current assets	750,209		699,427
      Noncurrent assets
      Property, plant and equipment	417,636		423,456
      Right-of-use assets	19,058		18,621
      Goodwill	57,167		59,167
      Intangible assets	17,026		16,391
      Investments accounted for using equity method	7,319		6,391
      Financial assets	11,096		14,036
      Deferred tax assets	17,873		18,144
      Other noncurrent assets	24,533		26,663
      Total noncurrent assets	571,711		582,873
      Total assets	1,321,920		1,282,300

      Liabilities and Equity Liabilities

      Current liabilities

      (Millions of yen)

      As of March 31, 2025 As of June 30, 2025

      Trade and other payables	100,508		108,024
      Borrowings	455		468
      Income tax payables	28,183		15,665
      Other financial liabilities	36,102		27,166
      Other current liabilities	56,485		55,513
      Total current liabilities	221,735		206,838
      Noncurrent liabilities
      Other financial liabilities	20,160		19,260
      Defined benefit liabilities	28,991		29,131
      Deferred tax liabilities	3,856		3,471
      Other noncurrent liabilities	2,062		2,119
      Total noncurrent liabilities	55,070		53,982
      Total liabilities	276,806		260,821

      Equity

      Equity attributable to owners of the parent company

      Share capital	26,783	26,783
      Capital surplus	49,934	49,934
      Retained earnings	890,040	901,885
      Treasury shares	(31,799)	(63,997)
      Other components of equity	109,124	105,844
      Total equity attributable to owners of the parent company	1,044,083	1,020,450
      Noncontrolling interests	1,031		1,029
      Total equity	1,045,114		1,021,479
      Total liabilities and equity	1,321,920		1,282,300

   2. Quarterly consolidated statement of profit or loss and Quarterly consolidated statement of comprehensive income (Quarterly consolidated statement of profit or loss)

      (Millions of yen)

      For the three months ended For the three months ended

      	June 30, 2024		June 30, 2025
      Revenue	249,310		246,192
      Cost of sales	150,849		153,671
      Gross profit	98,460		92,521
      Selling, general and administrative expenses	37,194		37,079
      Research and development expenses	11,123		11,245
      Other income	2,806		2,118
      Other expenses	2,251		3,669
      Operating profit	50,696		42,645
      Finance income	728		1,058
      Finance expenses	709		429
      Share of profit of investments accounted for using the equity method	(115)		32
      Profit before income taxes	50,599		43,307
      Income tax expenses	14,454		11,985
      Net profit	36,145		31,322
      Net profit attributable to:
      Owners of the parent company	36,128		31,303
      Noncontrolling interests	17		18
      Total	36,145		31,322
      Earnings per share attributable to owners of the parent company
      Basic earnings per share (Yen)	51.45	45.68
      Diluted earnings per share (Yen)	51.43	45.66

      (Quarterly consolidated statement of comprehensive income)

      (Millions of yen)

      For the three months ended June 30, 2024

      For the three months ended June 30, 2025

      Net profit 36,145 31,322

      Other comprehensive income

      Items that will not be reclassified to profit or loss

      Net changes on financial assets measured at fair value

      through other comprehensive income Items that may be reclassified to profit or loss

      Exchange differences on translation of foreign operations

      (6) (0)

      34,539 (3,331)

      Net changes in fair value of cash flow hedges (0) (0)

      Share of other comprehensive income of investments

      accounted for using equity method

      204 (12)

      Total other comprehensive income	34,737		(3,344)
      Total comprehensive income	70,883		27,978
      Total comprehensive income attributable to: Owners of the parent company	70,862		27,960
      Noncontrolling interests	20		17
      Total	70,883		27,978

   3. Quarterly consolidated statement of changes in equity For the three months ended June 30, 2024

Equity attributable to owners of the parent company

(Millions of yen)

For the three months ended June 30, 2025

Equity attributable to owners of the parent company

(Millions of yen)

Cash flows from investing activities

Purchase of property, plant and equipment and intangible assets

(22,662) (31,622)

(5) Notes on quarterly consolidated financial statements

(Notes on going concern assumption) Not applicable.

(Notes on quarterly consolidated financial statements)

1. Reporting entity

   Nitto Denko Corporation (the "Company") is a corporation domiciled in Japan. The quarterly consolidated financial statements above comprise the Company and its subsidiaries (the "Group") and the Group's affiliates. The Group is engaged mainly in the "Industrial Tape business," the "Optronics business," the "Human Life business," and "Others" (related businesses with a broad range of products). See "Segment information," for details.

2. Basis of preparation

   1. Accounting standards compliance

      The Group's quarterly consolidated financial statements, which meet the requirements of a "specified company complying with any designated international accounting standards" defined in Article 1-2 of the Regulation on Consolidated Financial Statements, have been prepared in accordance with IAS 34 as prescribed in Article 312 of the Regulation on Consolidated Financial Statements. The quarterly consolidated financial statements should be read in conjunction with the Group's consolidated financial statements for the fiscal year ended March 31, 2025, since the quarterly consolidated financial statements do not include all the information required in the annual consolidated financial statements.

   2. Presentation currency and units

      The quarterly consolidated financial statements are presented in Japanese yen and figures less than a million yen are rounded down to the nearest million yen.

   3. Significant accounting estimates and judgments

      When preparing the quarterly consolidated financial statements, management makes judgments, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may vary from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis, and the effect of revised accounting estimates is recognized in the current and future accounting periods.

      The quarterly consolidated financial statements are prepared based on the same judgments, estimations and assumptions as those applied and described in the Group's consolidated financial statements for the fiscal year ended March 31, 2025.

   4. Approval of the quarterly consolidated financial statements

      The quarterly consolidated financial statements were approved by Hideo Takasaki, President, and Yasuhiro Iseyama, CFO on July 28, 2025.

3. Material accounting policies

Material accounting policies implemented in the quarterly consolidated financial statements are the same as the accounting policies implemented in the Group's consolidated financial statements for the fiscal year ended March 31, 2025.

(Segment information)

1. Outline of reportable segments

   Reportable segments of the Group are determined as segments whose separate financial information is available among the constituent units of the Group and which are regularly used by the Board of Directors, the chief operating decision maker, to determine the allocation of management resources and to evaluate their business results.

   The Group has divisions by product, and each division develops comprehensive domestic and overseas strategies for its products and conducts business activities.

   The Group's segments are based on three product divisions, and its three reportable segments are the Industrial Tape segment the Optronics segment and the Human Life segment. Each reportable segment is grouped into one operating segment based on similarities in products, markets, and other aspects.

   Operating segment	Major products or business
   Industrial Tape	Functional Base Products (bonding and joining products, protective materials, processing materials, automotive products, etc.)
   Optronics	Information Fine Materials (optical films, etc.), Circuits Materials (CIS (Circuit Integrated Suspension), high-precision circuits, etc.)
   Human Life	Life Science (oligonucleotide contract manufacturing business, nucleic acid synthesis materials, nucleic acid drug discovery, medical products, etc.), Membrane (high-polymer separation membrane), Personal Care Materials (functional film for hygienic materials, etc.)
   Others	New Business, Other Products

   Intersegment revenue is based on prevailing market prices. Major products for each segment

2. Information regarding revenue, profit or loss by segments

   Segment information regarding the Group's reportable segments is as follows.

   For the three months ended June 30, 2024

   Reportable segments

   Industrial Optronics Human Life Total Tape

   (Millions of yen)

   Figures in Others Total Adjustment consolidated

   statement of

   profit or loss

   Revenue from external	84,544	134,546	29,943	249,034	1	249,036	274	249,310
   customers Intersegment revenue	795	1,216	1,627	3,639	-	3,639	(3,639)	-
   Total segment revenue	85,339	135,763	31,571	252,674	1	252,675	(3,364)	249,310
   Operating profit (loss)	11,260	45,609	(3,140)	53,730	(1,756)	51,973	(1,277)	50,696
   Finance income								728
   Finance expenses Share of profit of investments accounted for								(709) (115)
   using the equity method
   Profit before income taxes								50,599

   (Note) 1. Others is an operating segment that is not included in the reportable segments and consists of New Business.

   1. Adjustment of operating profit (loss) amounted to (1,277) million yen includes other incomes (losses) not allocated to each operating segment.

   2. As a result of changes in the management structure for the three months ended June 30, 2025, some changes have been made to reporting segments. Such changes have been reflected in the figures for the three months ended June 30, 2024.

For the three months ended June 30, 2025

Reportable segments

(Millions of yen)

Figures in

(Note) 1. Others is an operating segment that is not included in the reportable segments and consists of New Business.

2. Adjustment of operating profit (loss) amounted to (650) million yen includes other incomes (losses) not allocated to each operating segment.

(Notes on dividends)

For the three months ended June 30, 2024

For the three months ended June 30, 2025

(Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above dividends per share as of a record date before September 30, 2024 is based on the actual amount of dividends before the stock split.

(Equity and other equity items) (Repurchase of treasury shares)

Pursuant to the resolution at the Board of Directors meeting on January 27, 2025, the Company has acquired its treasury shares.

According to this repurchase, treasury shares increased by 12,500 thousand and 32,198 million yen in the first quarter of the fiscal year ending March 31, 2026.

(Revenue)

As described in (Segment information), the Group has three reportable segments which are the Industrial Tape segment the Optronics segment and the Human Life segment. The relationship between the disaggregated revenues and the revenues from external customers in each reportable segment is as follows.

For the three months ended June 30, 2024

(Millions of yen)

As a result of changes in the management structure for the three months ended June 30, 2025, some changes have been made to reporting segments. Such changes have been reflected in the figures for the three months ended June 30, 2024.

Revenue by region is based on the location of each base, and the main countries and regions included in the classification other than Japan are as follows.

Americas: United States, Mexico, Brazil

Europe: Belgium, France, Germany, Sweden, Turkey

Asia/Oceania: China, Korea, Taiwan, Singapore, Malaysia, Hong Kong, Thailand, Vietnam

For the three months ended June 30, 2025

(Millions of yen)

Revenue by region is based on the location of each base, and the main countries and regions included in the classification other than Japan are as follows.

Americas: United States, Mexico, Brazil

Europe: Belgium, France, Germany, Sweden, Turkey

Asia/Oceania: China, Korea, Taiwan, Singapore, Malaysia, Hong Kong, Thailand, Vietnam

(Per share information)

Basic earnings per share, diluted earnings per share and basis for calculations are as follows.

For the three months ended June 30, 2024

For the three months ended June 30, 2025

1. Basic earnings per share 51.45 yen 45.68 yen Basis for calculation

   Net profit attributable to owners

   of the parent company (Millions of yen)

   Average number of common shares (Thousands of shares)

   36,128 31,303

   702,160 685,323

2. Diluted earnings per share 51.43 yen 45.66 yen

Basis for calculation Increase in the number of

(Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above basic and diluted earnings per share for the three months ended June 30, 2024 and 2025 are based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

(Significant subsequent events) Not applicable.