Seikagaku CorporationTSE: 4548

Seikagaku Announces Differences between Full-Year Financial Forecasts

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Note: 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 13, 2026 SEIKAGAKU CORPORATION

(Securities Code: TSE 4548)

Seikagaku Announces Differences between Full-Year Financial Forecasts

Seikagaku Corporation (Tokyo, Japan; "Seikagaku") announced today that differences arose between the full-year financial forecasts for the fiscal year ended March 31, 2026 (fiscal 2025) announced on February 6, 2026 and the actual results announced today, as detailed below.

  1. Differences between the full-year financial forecasts for fiscal 2025 and actual results (April 1, 2025 to March 31, 2026).
    1. Differences between the full-year consolidated financial forecasts and actual results.

      (Millions of yen)

      Net sales

      Operating income

      Ordinary income

      Net income attributable to owners of

      parent

      Net income per share (Yen)

      Previous forecast (A)

      36,400

      (1,100)

      1,050

      900

      16.48

      Actual result (B)

      36,645

      (660)

      1,679

      1,473

      26.99

      Increase or decrease (B-A)

      245

      439

      629

      573

      -

      Change (%)

      0.7

      -

      60.0

      63.7

      -

      Reference: Results for fiscal 2024

      39,374

      1,333

      1,933

      1,214

      22.25

    2. Differences between the full-year non-consolidated financial forecasts and actual results.

    (Millions of yen)

    Net sales

    Operating income

    Ordinary income

    Net income

    Net income per share

    (Yen)

    Previous forecast (A)

    23,550

    (2,350)

    0

    250

    4.58

    Actual result (B)

    23,596

    (1,924)

    589

    737

    13.50

    Increase or decrease (B-A)

    46

    425

    589

    487

    -

    Change (%)

    0.2

    -

    -

    194.9

    -

    Reference: Results for fiscal 2024

    26,620

    440

    1,302

    922

    16.90

  2. Reasons for the variance

While net sales for both consolidated and non-consolidated results were in line with forecasts, each profit figures exceeded the previously announced forecasts, primarily due to R&D expenses coming in lower than expected and an increase in foreign exchange gains resulting from the continued weakening of the yen.

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