(Summary)Summary of Consolidated Financial Results for the Year Ended March 31, 2026 (Based on Japanese GAAP)

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.

May 8, 2026

Company name: SATOSHOJI CORPORATION Listing: Tokyo Stock Exchange

Securities code: 8065

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

Representative: Tetsuo Nozawa, Representative Director, President Inquiries: Akihito Okeda, General Manager of Financial Dept. Telephone: +81-3-5218-5312

Scheduled date of annual general meeting of shareholders: June 24, 2026 Scheduled date to commence dividend payments: June 25, 2026

Scheduled date to file annual securities report: June 19, 2026

Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (On-demand video streaming format)

(Yen amounts are rounded down to millions, unless otherwise noted.)

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, 2026 292,191 2.7 7,673 12.6 8,162 13.5 6,568 9.2

March 31, 2025 284,552 3.9 6,817 5.2 7,191 (1.4) 6,015 (7.1)

Note: Comprehensive income For the fiscal year ended March 31, 2026: ¥10,865 million [112.8%] For the fiscal year ended March 31, 2025: ¥5,105 million [(52.3)%]

Diluted earnings per Ratio of ordinary profit to Ratio of operating profit Basic earnings per share share Return on equity total assets to net sales

Fiscal year ended Yen Yen % % %

March 31, 2026 314.18 310.19 9.1 4.6 2.6

March 31, 2025 285.90 281.19 9.0 4.2 2.4

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

For the fiscal year ended March 31, 2026: ¥44 million

For the fiscal year ended March 31, 2025: ¥55 million

Total assets Net assets Equity-to-asset ratio Net assets per share

As of Millions of yen Millions of yen % Yen

March 31, 2026 181,208 76,945 42.3 3,700.93

March 31, 2025 171,143 68,454 39.8 3,247.11

Reference: Equity

As of March 31, 2026: ¥76,642 million

As of March 31, 2025: ¥68,143 million

Cash flows from operating Cash flows from investing Cash flows from financing Cash and cash equivalents at end activities activities activities of period

Fiscal year ended Millions of yen Millions of yen Millions of yen Millions of yen

March 31, 2026 1,386 (1,373) 1,774 5,977

March 31, 2025 2,139 (3,001) 1,293 3,912

Annual dividends per share Ratio of dividends

Total cash Payout ratio

First quarter- Second quarter- Third quarter- Fiscal Total dividends (Total) (Consolidated) to net assets

end end end year-end (Consolidated)

Yen Yen Yen Yen Yen Millions of yen % %

Fiscal year ended

March 31, 2025 - 34.00 - 42.00 76.00 1,599 26.6 2.4

Fiscal year ended - 38.00 - 44.00 82.00 1,711 26.1 2.4

March 31, 2026

Fiscal year ending

March 31, 2027 42.00 45.00 87.00 27.6

(Forecast)

Note: Revisions from the most recently published dividend forecasts: Yes

For the revision of the dividend forecast, please refer to the "Notice Concerning Revision (Increase) of Year-End Dividend Forecast" released today (May 8, 2026).

(Percentages indicate year-on-year changes.)

Profit attributable to

Net sales Operating profit Ordinary profit owners of parent Basic earnings per share

Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen

Six months ending

September 30, 2026 150,000 5.4 3,800 17.7 4,050 15.0 3,000 2.4 143.49

Fiscal year ending

March 31, 2027 305,000 4.4 8,300 8.2 8,600 5.4 6,600 0.5 315.67

(1) Significant changes in the scope of consolidation during the period: None

(2) Changes in accounting policies, changes in accounting estimates, and restatement

(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None

(ii) Changes in accounting policies due to other reasons: None

(iii) Changes in accounting estimates: None

(iv) Restatement: None

(3) Number of issued shares (common shares)

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

As of March 31, 2026 21,799,050 shares

As of March 31, 2025 21,799,050 shares

(ii) Number of treasury shares at the end of the period

As of March 31, 2026 1,090,009 shares

As of March 31, 2025 813,079 shares

(iii) Average number of shares outstanding during the period

Fiscal year ended March 31, 2026 20,907,947 shares

Fiscal year ended March 31, 2025 21,041,166 shares

Fiscal year ended Millions of yen % Millions of yen % Millions of yen %

March 31, 2026 240,764 (0.2) 5,240 (2.5) 4,364 (9.8)

March 31, 2025 241,136 2.0 5,375 (6.3) 4,836 (10.1)

Basic earnings per share Diluted earnings per share

Fiscal year ended Yen Yen

March 31, 2026 208.73 206.08

March 31, 2025 229.85 226.06

Total assets Net assets Equity-to-asset ratio Net assets per share

As of Millions of yen Millions of yen % Yen

March 31, 2026 154,697 62,021 39.9 2,981.28

March 31, 2025 151,579 56,617 37.2 2,683.87

Reference: Equity

As of March 31, 2026: ¥61,739 million

As of March 31, 2025: ¥56,323 million

(Percentages indicate year-on-year changes.)

Net sales Ordinary profit Profit Basic earnings per share

Millions of yen % Millions of yen % Millions of yen % Yen

Six months ending

September 30, 2026 122,000 1.5 2,500 (1.8) 1,800 (17.0) 86.09

Fiscal year ending

March 31, 2027 252,000 4.7 5,200 (0.8) 4,000 (8.3) 191.31

* 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

Forward-looking statements, such as earnings forecasts, contained in this material are based on information available to the Company and are found to be reasonable.

It is based on a certain premise that we refuse, and it is not intended to be a promise by the Company to realize it. In addition, actual business performance, etc. may vary due to a variety of factors. Conditions on which earnings forecasts are premised and when using earnings forecasts

For precautions, please refer to the attached document page 3 "1. Please refer to "Summary of Business Results (4) Future Outlook". (How to obtain supplementary explanatory materials for financial results)

Supplementary financial results materials will be posted on TDnet and the Company's website (https://www.satoshoji.co.jp/ja/ir.html) on May 14, 2026.

(Millions of yen)

Assets

Current assets

Cash and deposits 3,912 5,977

Notes receivable - trade 3,110 1,186

Electronically recorded monetary claims - operating 27,133 26,723

Accounts receivable - trade 54,952 59,703

Merchandise and finished goods 29,453 30,178

Other 7,321 5,688

Allowance for doubtful accounts (287) (287)

Total current assets 125,596 129,171

Non-current assets

Property, plant and equipment

Buildings and structures 17,485 19,656

Accumulated depreciation (10,493) (11,064)

Buildings and structures, net 6,991 8,591

Machinery, equipment and vehicles 8,307 8,460

Accumulated depreciation (6,367) (6,695)

Machinery, equipment and vehicles, net 1,939 1,764

Land 14,320 14,374

Construction in progress 996 230

Other 1,219 1,312

Accumulated depreciation (880) (992)

Other, net 339 320

Total property, plant and equipment 24,587 25,281

Intangible assets 208 191

Investments and other assets

Investment securities 17,927 22,849

Deferred tax assets 96 101

Retirement benefit asset 1,165 1,508

Other 1,676 2,176

Allowance for doubtful accounts (114) (71)

Total investments and other assets 20,751 26,564

Total non-current assets 45,547 52,037

Total assets 171,143 181,208

(Millions of yen)

Liabilities

Current liabilities

Accounts payable - trade 49,605 49,367

Electronically recorded obligations - operating 9,137 5,440

Short-term borrowings 26,061 35,194

Income taxes payable 1,537 1,350

Contract liabilities 1,550 1,257

Provision for bonuses 1,903 1,961

Other 2,462 2,514

Total current liabilities 92,257 97,086

Non-current liabilities

Long-term borrowings 6,141 1,306

Deferred tax liabilities 3,767 5,282

Retirement benefit liability 217 245

Provision for retirement benefits for directors (and other officers) 60 19

Other 244 321

Total non-current liabilities 10,431 7,176

Total liabilities 102,688 104,262

Net assets Shareholders' equity

Share capital 1,321 1,321

Capital surplus 732 695

Retained earnings 56,376 61,263

Treasury shares (1,006) (1,650)

Total shareholders' equity 57,423 61,629

Accumulated other comprehensive income

Valuation difference on available-for-sale securities 8,599 12,029

Deferred gains or losses on hedges (6) 5

Foreign currency translation adjustment 2,126 2,978

Total accumulated other comprehensive income 10,720 15,013

Share acquisition rights 293 282

Non-controlling interests 17 20

Total net assets 68,454 76,945

Total liabilities and net assets 171,143 181,208

(Millions of yen)

Net sales 284,552 292,191

Cost of sales 261,780 268,220

Gross profit 22,771 23,971

Selling, general and administrative expenses 15,954 16,298

Operating profit 6,817 7,673

Non-operating income

Interest income 30 31

Dividend income 641 678

Rental income 102 122

Purchase discounts 42 49

Share of profit of entities accounted for using equity method 55 44

Foreign exchange gains - 12

Other 81 92

Total non-operating income 954 1,031

Non-operating expenses

Interest expenses 402 420

Loss on sale of trade receivables 4 1

Rental expenses 62 70

Foreign exchange losses 20 -

Other 90 49

Total non-operating expenses 579 542

Ordinary profit 7,191 8,162

Extraordinary income

Gain on sale of non-current assets 478 3

Gain on sale of investment securities 872 740

Other 6 -

Total extraordinary income 1,356 743

Extraordinary losses

Loss on sale and retirement of non-current assets 5 82

Loss on sale of investment securities 6 4

Loss on valuation of investment securities 3 -

Loss on sale of shares of subsidiaries 68 -

Impairment losses 61 -

Total extraordinary losses 145 86

Profit before income taxes 8,402 8,819

Income taxes - current 2,548 2,353

Income taxes - deferred (163) (105)

Total income taxes 2,384 2,248

Profit 6,018 6,570

Profit attributable to non-controlling interests 2 1

Profit attributable to owners of parent 6,015 6,568

(Millions of yen)

Profit 6,018 6,570

Other comprehensive income

Valuation difference on available-for-sale securities (1,321) 3,429

Deferred gains or losses on hedges (6) 11

Foreign currency translation adjustment 404 823

Share of other comprehensive income of entities accounted for using equity

method 11 30

Total other comprehensive income (912) 4,294

Comprehensive income 5,105 10,865

Comprehensive income attributable to

Comprehensive income attributable to owners of parent 5,102 10,862

Comprehensive income attributable to non-controlling interests 3 3

(Millions of yen)

Shareholders' equity

Total Share capital Capital surplus Retained Treasury shares shareholders'

earnings equity

Balance at beginning of period 1,321 818 51,919 (872) 53,186 Changes during period

Dividends of surplus (1,580) (1,580)

Profit attributable to owners of

parent 6,015 6,015

Purchase of treasury shares (323) (323)

Disposal of treasury shares (70) 189 118

Change in scope of

consolidation (16) 20 4

Other 2 2

Net changes in items other than shareholders' equity

Total changes during period - (86) 4,457 (133) 4,236

Balance at end of period 1,321 732 56,376 (1,006) 57,423

Accumulated other comprehensive income

Total Share

Valuation Deferred gains Foreign accumulated acquisition Non-controlling Total net assets difference on or losses on currency other rights interests

available-for- hedges translation comprehensive

sale securities adjustment income

Balance at beginning of period 9,920 0 1,711 11,632 369 14 65,202 Changes during period

Dividends of surplus (1,580)

Profit attributable to owners of

parent 6,015

Purchase of treasury shares (323)

Disposal of treasury shares 118

Change in scope of

consolidation 1 1 5

Other 2

Net changes in items other

than shareholders' equity (1,321) (6) 415 (913) (75) 3 (985)

Total changes during period (1,320) (6) 415 (912) (75) 3 3,251

Balance at end of period 8,599 (6) 2,126 10,720 293 17 68,454

(Millions of yen)

Shareholders' equity

Total Share capital Capital surplus Retained Treasury shares shareholders'

earnings equity

Balance at beginning of period 1,321 732 56,376 (1,006) 57,423 Changes during period

Dividends of surplus (1,682) (1,682)

Profit attributable to owners of

parent 6,568 6,568

Purchase of treasury shares (735) (735)

Disposal of treasury shares (36) 91 54

Change in scope of consolidation

Other

Net changes in items other than shareholders' equity

Total changes during period - (36) 4,886 (644) 4,205

Balance at end of period 1,321 695 61,263 (1,650) 61,629

Accumulated other comprehensive income

Total Share

Valuation Deferred gains Foreign accumulated acquisition Non-controlling Total net assets difference on or losses on currency other rights interests

available-for- hedges translation comprehensive

sale securities adjustment income

Balance at beginning of period 8,599 (6) 2,126 10,720 293 17 68,454 Changes during period

Dividends of surplus (1,682)

Profit attributable to owners of

parent 6,568

Purchase of treasury shares (735)

Disposal of treasury shares 54

Change in scope of

consolidation -

Other -

Net changes in items other

than shareholders' equity 3,429 11 851 4,293 (11) 3 4,285

Total changes during period 3,429 11 851 4,293 (11) 3 8,490

Balance at end of period 12,029 5 2,978 15,013 282 20 76,945

(Millions of yen)

Cash flows from operating activities

Profit before income taxes 8,402 8,819

Depreciation 1,151 1,391

Increase (decrease) in allowance for doubtful accounts 20 (42)

Increase (decrease) in provision for retirement benefits for directors (and

other officers) 1 (40)

Decrease (increase) in retirement benefit asset (85) (343)

Increase (decrease) in retirement benefit liability 15 23

Interest and dividend income (671) (709)

Interest expenses 402 420

Share of loss (profit) of entities accounted for using equity method (55) (44)

Loss (gain) on sale of investment securities (865) (735)

Loss (gain) on sale and retirement of property, plant and equipment (473) 78

Loss (gain) on sale of shares of subsidiaries and associates 68 -

Decrease (increase) in trade receivables 7,692 (1,681)

Decrease (increase) in inventories 429 (311)

Increase (decrease) in trade payables (10,802) (4,416)

Other, net (1,168) 1,218

Subtotal 4,064 3,625

Interest and dividends received 672 711

Interest paid (406) (402)

Income taxes paid (2,191) (2,548)

Net cash provided by (used in) operating activities 2,139 1,386 Cash flows from investing activities

Purchase of property, plant and equipment (4,303) (2,288)

Proceeds from sale of property, plant and equipment 582 1

Purchase of intangible assets (37) (36)

Proceeds from sale of intangible assets - 0

Purchase of investment securities (286) (121)

Proceeds from sale of investment securities 1,266 1,050

Purchase of shares of subsidiaries and associates (444) -

Purchase of shares of subsidiaries (34) -

Proceeds from sale of shares of subsidiaries 42 -

Loan advances (228) (44)

Proceeds from collection of loans receivable 372 113

Other, net 71 (48)

Net cash provided by (used in) investing activities (3,001) (1,373) Cash flows from financing activities

Net increase (decrease) in short-term borrowings 7,645 8,614

Repayments of long-term borrowings (4,645) (4,511)

Purchase of treasury shares (323) (735)

Dividends paid (1,583) (1,682)

Other, net 200 90

Net cash provided by (used in) financing activities 1,293 1,774

Effect of exchange rate change on cash and cash equivalents 49 277

Net increase (decrease) in cash and cash equivalents 480 2,065

Cash and cash equivalents at beginning of period 3,115 3,912

Increase (decrease) in cash and cash equivalents resulting from change in

scope of consolidation 315 -

Cash and cash equivalents at end of period 3,912 5,977

(Notes on segment information, etc.)

Segment Information

1. Overview of Reporting Segments

The Group's reporting segments are those of the constituent units of the Group for which separate financial information is available and are subject to periodic review by the Board of Directors in order to determine the allocation of management resources and evaluate business performance.

The Group organizes its organization based on the products it handles, and grasps the plans and results of each organization.

Accordingly, the Group has identified six reporting segments for each product it handles: the Steel Business, the Nonferrous Metals Business, the Electronics Business, the Life Sales Business, the Machinery and Tools Business, and the Business Development Business.

The Steel segment sells ordinary steel, specialty steel, and construction materials and equipment.

The Non-Ferrous Metals segment sells aluminum, zinc, metal-silicon, copper alloys and other non-ferrous products.

The Electronics segment sells laminate materials for printed wiring boards and auxiliary materials related to manufacturing.

The "Life Sales Business" includes metal tableware and cutlery, precious metals and accessories, business supplies such as tableware and kitchen utensils, novelty goods for corporate sales promotions, personal karaoke, etc., as well as the Scandinavian Danish tableware brand "DANSK" and Japan's leading industrial designer and cultural meritorious "Sori Yanagi" We sell products designed by him.

The Machinery & Tools segment sells machine tools and various equipment and equipment, imported machinery, cutting tools, grinding wheels, etc., as well as proposes comprehensive factory automation.

In the Business Development Business, we work with manufacturers with unique technologies to develop and propose environmentally friendly products that take into account the latest technologies demanded by the times and the preservation of the global environment.

2. Method of calculating the amount of sales, profits or losses, assets, liabilities and other items for each reporting segment

The method of accounting for the reported business segments is in accordance with the accounting policy adopted to prepare consolidated financial statements.

3. Information on the amount of sales, profits or losses, assets, liabilities, and other items for each reporting segment. The previous fiscal year (April 1, 2024 to March 31, 2025)

(in millions of yen)

Adjustment Amount recorded in Iron and steel Non-ferrous Electronic Life Sales Machinery Business Total amount consolidated

Metals and Tools Development (Note 1) financial statements

(Note 2) (Note 3)

Sales

Revenues from external customers 177,897 41,954 43,633 9,744 6,889 4,433 284,552 - 284,552 Transactions with other segments - - - - - - - - -Total 177,897 41,954 43,633 9,744 6,889 4,433 284,552 - 284,552

Segment Profit 3,365 404 2,235 430 227 154 6,817 - 6,817

Segment Assets 103,099 16,480 22,702 3,902 2,702 1,732 150,619 20,524 171,143

Other items

Depreciation and amortization (Note

4) 888 101 95 18 5 6 1,116 34 1,151

Increase in property, plant and

equipment and intangible assets 3,985 3 310 9 1 0 4,310 30 4,341

(Note 5)

Note: 1. The amount of adjustment is as follows.

(1) Adjusted segment assets of ¥20,524 million are assets not attributable to the reporting segment.

(2) The adjustment for depreciation and amortization of ¥34 million relates to assets not attributable to the reporting segment.

(3) The adjustment amount of 30 million yen for the increase in property, plant and equipment and intangible assets relates to assets not attributable to the reporting segment.

2. Segment profit is consistent with operating income in the consolidated statements of income.

3. Segment assets are in line with total assets on the consolidated balance sheet.

4. Depreciation includes amortization of long-term prepaid expenses.

5. The increase in property, plant and equipment and intangible assets includes an increase in long-term upfront expenses.

6. Information on impairment losses or goodwill on fixed assets in the reporting segment (Significant impairment loss on fixed assets)

In the Steel Business segment, impairment loss on fixed assets was 27 million yen.

In the adjustment item, an impairment loss of 34 million yen was recorded on fixed assets not attributable to the reporting segment.

The current fiscal year (April 1, 2025 to March 31, 2026)

(in millions of yen)

Amount recorded in

Iron and Non-ferrous Machinery Business Adjustment Consolidated steel Metals Electronic Life Sales and Tools Development Total amount financial statements

(Note 1) (Note 2) (Note 3)

Sales

Revenues from external customers 175,823 40,657 52,689 11,498 6,254 5,267 292,191 - 292,191 Transactions with other segments - - - - - - - - -Total 175,823 40,657 52,689 11,498 6,254 5,267 292,191 - 292,191

Segment Profit 3,095 577 3,218 634 (4) 151 7,673 - 7,673

Segment Assets 98,675 16,220 30,653 4,159 2,655 2,127 154,491 26,716 181,208

Other items

Depreciation and amortization (Note

4) 1,081 123 137 20 5 8 1,377 13 1,391

Increase in property, plant and

equipment and intangible assets 1,648 3 638 13 0 0 2,304 20 2,324

(Note 5)

Note: 1. The amount of adjustment is as follows.

(1) Adjusted segment assets of ¥26,716 million include company-wide assets that have not been allocated to each reporting segment. Adjusted segment assets are investment securities and assets related to the management division.

(2) The 13 million yen adjustment for depreciation and amortization is for assets not attributable to the reporting segment.

(3) The adjustment of 20 million yen for the increase in property, plant and equipment and intangible assets relates to assets not attributable to the reporting segment.

2. Segment profit is consistent with operating income in the consolidated statements of income.

3. Segment assets are in line with total assets on the consolidated balance sheet.

4. Depreciation includes amortization of long-term prepaid expenses.

5. The increase in property, plant and equipment and intangible assets includes an increase in long-term upfront expenses.