Consolidated Results for First Half of FY2025

SHIMA SEIKI MFG., LTD.

November 2025

Contents

1. Summary of Operating Results for Second Quarter of FY2025 ・・・・３P
2. Forecast〔Consolidated〕 ・・・・16P
3. Supplementary material ・・・・18P

Summary of Operating Results for Second Quarter of FY 2025

Exchange rate at the end of the period (Upper level)

Average exchange rate used for translation of sales (Lower level)

Highlights

Operational Review

【 Flat knitting machines 】

・Asia

In Bangladesh, orders received were on a recovery trend because of the end of the confusion caused by the large antigovernment demonstration in July 2024, and sales volume of N.SVR® and N.SSR® with high production efficiency increased from the previous period.

In the Chinese market, prospects remained uncertain because of the delayed recovery, but demand for the replacement of facilities from major customers in Hong Kong remained solid, which led to an increase in net sales.

・European and Middle Eastern markets

In the Italian market where customers are good at the development of high-value added products, there were signs of a recovery mainly in luxury brands and their suppliers, and the sales volume of both WHOLEGARMENT® flat knitting machines and molding machines increased.

【 Design systems 】

・The number of license contracts for APEXFiz®, a subscription service of the SDS®-ONE APEX software, increased mainly from fashion-related educational institutions in Japan and overseas.

Additionally, sales of SDS®-ONE APEX grew because of a sales increase in flat knitting machines.

・Sales volume decreased for the P-CAM® computerized cutting machine.

【Globe knitting machines】

・Net sales decreased because capital spending by overseas major users remained weak.

Sales Composition by Segment 〔Consolidated〕（FY2025 2Q）

Other

¥3,009 million

（16.6％）

Flat Knitting Machines

Glove and Sock

Knitting Machines

¥249 million

（1.4％）

Total

18,092

million yen

Design System

¥13,482 million

（74.5%）

¥1,351 million

（7.5%）

( ) is the sales composition ratio.

Sales and Operating Income Composition by Segment

（FY2025 2Q）

(million yen)

Flat Knitting Machines Segment

WHOLEGARMENT® Flat Knitting Machine

・SWG®-XR and MACH2®XS sterically knitting the whole wear

・Realizing environment-friendly manufacturing

・SWG®-N2 covering small-type merchandise such as manufacturing of small fashion goods and masks

Computerized Flat Knitting Machine

・Making wear by knitting the fabric for each part, sewing and linking

・SRY®, N.SIR®, N.SVR®SP and N.SVR® adding value to knitting fabric

・N.SSR® used to manufacture the volume zone for Asia

The ratio of WHOLEGARMENT® net sales stood at around 19% (27% in the same period last year)

Developments in net sales of flat knitting machines and ratio of WHOLEGARMENT®

（million yen）

30,000

25,000

20,000

15,000

10,000

5,000

0

60%

10,477

12,899

14,158

9,971

13,482

50%

40%

30%

20%

10%

0%

FY2021 2Q

FY2022 2Q

FY2023 2Q

FY2024 2Q

FY2025 2Q

」

3D Design system SDS®-ONE APEX4

・Installing software specializing in the programming of knitting machines and pattern CAD, as well as textile design, including flat knitting, fabric, print, and circular knitting and simulation

Design systems Segment

Design Software

「APEXFiz®

・Subscription software of

Design System

・The software can be downloaded to PCs and makes it possible to create

designs anytime and anywhere.

P-CAM® Cutting Machines

・Providing the automated cutting machine, as well as the spreading, labeling, and pick-up equipment, to save manpower in the processes before and after fabric cutting. Penetration is sought into a variety of industries that include apparel, automobiles, and industrial materials as Shima Cutting Solutions.

The ratio of P-CAM® to net sales increased to approximately 49%. (52% in the same period last year)

Design System Segment Ratio of P-CAM®

（2,m0il0lio0n yen）

1,310

1,371

1,351

1,599 1,711

1,500

80%

60%

1,000 40%

500 20%

0

FY2021 2Q

FY2022 2Q

FY2023 2Q

FY2024 2Q

0%

FY2025 2Q

Sales by Region 〔Consolidated〕 （FY2025 2Q）

Europe

4.0

billion yen (23%)

1.0

billion yen (5%)

9.3

billion yen (51%)

Japan

2.9

billion yen (16%)

Other areas

0.8

billion yen (5%)

Middle East

Total 18

billion yen

( ) is the composition ratio.