Sinfonia Technology Co., Ltd.TSE: 6507

Financial Results for 1st Quarter FY2025

· Issued by Sinfonia Technology Co., Ltd.

Note: This document has been translated from 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.

August 8, 2025

Summary of Financial Statements for the Three Months Ended June 30, 2025 (Japanese GAAP) (Consolidated)

Name of listed company: SINFONIA TECHNOLOGY CO., LTD. Exchange for listed company: Tokyo Stock Exchange

Securities Code: 6507

URL: https://hibiki.sinfo-t.jp/eng/index_a.htm Representative Shinichi Hirano, Representative Director and President

(Rounded down to the nearest million yen)

  1. Consolidated financial results for the three months ended June 30, 2025 (April 1, 2025 to June 30, 2025)

    1. Consolidated operating results (cumulative) (Percentage (%) indicates the rate of year-over-year increase or decrease)

      Net sales

      Operating profit

      Ordinary profit

      Profit attributable to owners of parent

      Three months ended

      Millions of yen

      %

      Millions of yen

      %

      Millions of yen

      %

      Millions of yen

      %

      June 30, 2025

      23,002

      7.3

      2,253

      17.0

      2,493

      (1.4)

      1,654

      (8.1)

      June 30, 2024

      21,440

      11.8

      1,926

      213.2

      2,528

      148.3

      1,800

      153.4

      Note: Comprehensive income

      Three months ended June 30, 2025

      ¥2,065 million

      51.9%

      Three months ended June 30, 2024

      ¥1,359 million

      (37.8)%

      Profit per share

      Diluted profit per share

      Three months ended

      Yen

      Yen

      June 30, 2025

      58.66

      -

      June 30, 2024

      63.86

      -

    2. Consolidated financial position

      Total assets

      Net assets

      Equity capital ratio

      As of

      Millions of yen

      Millions of yen

      %

      June 30, 2025

      133,359

      79,027

      59.3

      March 31, 2025

      136,467

      80,129

      58.7

      (Reference) Equity capital

      As of June 30, 2025 ¥ 79,027 million

      As of March 31, 2025 ¥ 80,129 million

  2. Cash dividends

    Annual dividends per share

    End of first quarter

    End of second quarter

    End of third quarter

    End of period

    Total

    Yen

    Yen

    Yen

    Yen

    Yen

    Fiscal year ended March 2025

    -

    0.00

    -

    115.00

    115.00

    Fiscal year ending March 2026

    -

    Fiscal year ending March 2026 (Forecast)

    0.00

    -

    120.00

    120.00

    Note: Revisions to the most recently announced dividend forecast: No

  3. Consolidated operating results forecast for fiscal year ending March 2026(April 1, 2025 to March 31, 2026)

    (Percentage (%) indicates the rate of year-over-year increase or decrease)

    Net sales

    Operating profit

    Ordinary profit

    Profit attributable to owners of parent

    Profit per share

    Full year

    Millions of yen

    %

    Millions of yen

    %

    Millions of yen

    %

    Millions of yen

    %

    Yen

    125,000

    4.9

    16,500

    4.9

    16,500

    3.5

    11,300

    (6.6)

    400.61

    Note: Revisions to the most recently announced consolidated operating results forecast: No

    *Notes

    1. Significant changes in the scope of consolidation during the period: Yes One company newly consolidated: SINFONIA TECHNOLOGY (AMERICA) INC.

      Exclusion: None

    2. Application of special accounting methods for preparing quarterly consolidated financial statements: No

    3. Changes in accounting policies, changes in accounting estimates, and/or restatements

      1. Changes in accounting policies associated with any amendments in accounting standards, etc. No

      2. Other changes in accounting policies: No

      3. Changes in accounting estimates: No

      4. Restatements: No

    4. Number of issued shares (common shares)

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

    As of June 30, 2025

    29,789,122

    shares

    As of March 31, 2025

    29,789,122

    shares

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

    As of June 30, 2025

    1,577,010

    shares

    As of March 31, 2025

    1,576,839

    shares

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

    Three months ended June 30, 2025

    28,212,222

    shares

    Three months ended June 30, 2024

    28,194,451

    shares

    Note: Number of treasury shares at the end of the period includes Sinfonia Technology's shares held by the Board Benefit Trust (BBT) (148,900 shares in three months ended June 2025 and 148,900 shares in fiscal year ended March 2025). Sinfonia Technology's shares held by the Board Benefit Trust (BBT) are included in the treasury shares deducted in the calculation of the average number of shares during the period (148,900 shares in three months ended June 2025 and 167,500 shares in three months ended June 2024).

    *Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an auditing firm: None

    *Explanation of proper use of financial results forecast and other special notes

    The financial results forecast is based on information available as of the date of the announcement of this document. The actual results may differ from this forecast due to different future factors.

    Quarterly consolidated financial statements Quarterly consolidated balance sheets

    (Unit: Millions of yen)

    As of March 31, 2025

    As of June 30, 2025

    Assets

    Current assets

    Cash and deposits

    10,221

    8,993

    Notes and accounts receivable - trade, and contract assets

    41,139

    28,508

    Merchandise and finished goods

    2,581

    4,251

    Work in process

    10,862

    14,991

    Raw materials and supplies

    11,617

    11,921

    Other

    716

    1,190

    Allowance for doubtful accounts

    (88)

    (80)

    Total current assets

    77,049

    69,774

    Non-current assets

    Property, plant and equipment

    Buildings and structures, net

    15,308

    15,133

    Land

    15,263

    15,205

    Other, net

    6,507

    10,007

    Total property, plant and equipment

    37,079

    40,347

    Intangible assets

    945

    913

    Investments and other assets

    Investment securities

    14,086

    15,017

    Other

    7,373

    7,373

    Allowance for doubtful accounts

    (67)

    (67)

    Total investments and other assets

    21,392

    22,324

    Total non-current assets

    59,417

    63,584

    Total assets

    136,467

    133,359

    (Unit: Millions of yen)

    As of March 31, 2025

    As of June 30, 2025

    Liabilities

    Current liabilities

    Notes and accounts payable - trade

    16,302

    14,775

    Short-term borrowings

    770

    1,970

    Current portion of long-term borrowings

    3,296

    3,185

    Income taxes payable

    3,936

    428

    Provision for product warranties

    472

    442

    Provision for loss on orders received

    296

    239

    Other

    13,221

    15,323

    Total current liabilities

    38,296

    36,365

    Non-current liabilities

    Long-term borrowings

    10,869

    9,905

    Provision for share awards for directors

    (and other officers)

    213

    232

    Retirement benefit liability

    2,396

    2,366

    Other

    4,561

    5,462

    Total non-current liabilities

    18,040

    17,966

    Total liabilities

    56,337

    54,332

    Net assets

    Shareholders' equity

    Share capital

    10,156

    10,156

    Capital surplus

    452

    452

    Retained earnings

    55,733

    54,222

    Treasury shares

    (1,940)

    (1,941)

    Total shareholders' equity

    64,403

    62,889

    Accumulated other comprehensive income

    Valuation difference on available-for-sale securities

    7,471

    8,216

    Revaluation reserve for land

    3,863

    3,863

    Foreign currency translation adjustment

    1,573

    1,328

    Remeasurements of defined benefit plans

    2,819

    2,728

    Total accumulated other comprehensive income

    15,726

    16,137

    Total net assets

    80,129

    79,027

    Total liabilities and net assets

    136,467

    133,359

    Quarterly consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative) Quarterly consolidated statements of income (cumulative)

    (Unit: Millions

    of yen)

    Three months en

    June 30, 202

    ded Three months en

    4 June 30, 2025

    ded

    Net sales

    21,440

    23,002

    Cost of sales

    15,663

    16,466

    Gross profit

    5,776

    6,535

    Selling, general and administrative expenses

    3,850

    4,282

    Operating profit (loss)

    1,926

    2,253

    Non-operating income

    Interest and dividend income

    466

    216

    Other

    217

    94

    Total non-operating income

    683

    311

    Non-operating expenses

    Interest expenses

    38

    33

    Other

    43

    37

    Total non-operating expenses

    81

    70

    Ordinary profit (loss)

    2,528

    2,493

    Profit (loss) before income taxes

    2,528

    2,493

    Income taxes

    728

    838

    Profit (loss)

    1,800

    1,654

    Profit (loss) attributable to owners of parent

    1,800

    1,654

    Quarterly consolidated statements of comprehensive income (cumulative)

    (Unit: Milli

    ons of yen)

    Three months

    June 30, 20

    ended Three months

    24 June 30, 2

    ended

    025

    Profit (loss)

    1,800

    1,654

    Other comprehensive income

    Valuation difference on available-for-sale securities

    (421)

    745

    Deferred gains or losses on hedges

    (13)

    -

    Foreign currency translation adjustment

    128

    (244)

    Remeasurements of defined benefit plans, net of tax

    (134)

    (90)

    Total other comprehensive income

    (440)

    410

    Comprehensive income

    1,359

    2,065

    Comprehensive income attributable to

    Comprehensive income attributable to owners of parent

    1,359

    2,065

    Comprehensive income attributable to non-controlling

    interests

    -

    -

    Supplementary Information of the Financial Results for the Three Months Ended June 30, 2025 [Fiscal 2025] (Consolidated)

    August 8, 2025 SINFONIA TECHNOLOGY CO., LTD.

    1. Summary of operating results (Unit: Millions of yen)

      Three months ended June 30, 2024

      Three months ended June 30, 2025

      YOY

      increase/decrease

      (A)

      (B)

      (B) - (A)

      Increase/Decrease rate

      Net sales

      21,440

      23,002

      1,561

      7.3%

      (%)

      9.0%

      9.8%

      0.8pt

      Operating profit

      1,926

      2,253

      326

      17.0%

      (%)

      11.8%

      10.8%

      (1.0)pt

      Ordinary profit

      2,528

      2,493

      (35)

      (1.4)%

      (%)

      8.4%

      7.2%

      (1.2)pt

      Profit attributable to owners of parent

      1,800

      1,654

      (145)

      (8.1)%

    2. Information by segment
      1. Net sales and operating profit (Unit: Millions of yen)

        Three Months ended June 30, 2024

        Three Months ended June 30, 2025

        YOY

        increase/decrease

        (A)

        (B)

        (B) - (A)

        Increase/Decrease rate

        Clean Transport System

        Net sales

        4,761

        5,861

        1,100

        23.1%

        Operating profit

        745

        1,163

        418

        56.1%

        Motion Equipment

        Net sales

        8,642

        8,987

        344

        4.0%

        Operating profit

        779

        787

        7

        1.0 %

        Power Electronics Equipment

        Net sales

        3,825

        3,445

        (380)

        (9.9)%

        Operating profit

        86

        127

        40

        47.2%

        Engineering& Service

        Net sales

        4,211

        4,708

        496

        11.8%

        Operating profit

        298

        229

        (69)

        (23.2)%

        Adjustment amount

        Net sales

        -

        -

        -

        -

        Operating profit

        16

        (54)

        (71)

        -

        Total

        Net sales

        21,440

        23,002

        1,561

        7.3%

        Operating profit

        1,926

        2,253

        326

        17.0%

      2. Orders received (Unit: Millions of yen)

        Three Months ended June 30, 2024

        Three Months ended June 30, 2025

        YOY

        increase/decrease

        (A)

        (B)

        (B) - (A)

        Increase/Decrease rate

        Clean Transport System

        5,507

        4,922

        (584)

        (10.6)%

        Motion Equipment

        16,193

        16,279

        86

        0.5%

        Power Electronics Equipment

        5,536

        4,685

        (851)

        (15.4)%

        Engineering&Service

        7,872

        10,357

        2,484

        31.6%

        Total

        35,110

        36,244

        1,134

        3.2%

      3. Balance of orders received (Unit: Millions of yen)

      As of June 30, 2024

      As of June 30, 2025

      YOY

      increase/decrease

      (A)

      (B)

      (B) - (A)

      Increase/Decrease rate

      Clean Transport System

      6,628

      6,336

      (291)

      (4.4)%

      Motion Equipment

      48,542

      71,429

      22,887

      47.1%

      Power Electronics Equipment

      33,440

      33,573

      132

      0.4%

      Engineering&Service

      15,120

      16,832

      1,711

      11.3%

      Total

      103,732

      128,171

      24,439

      23.6%

    3. Overseas net sales (Unit: Millions of yen)

      Three Months ended June 30, 2024

      Three Months ended June 30, 2025

      YOY

      increase/decrease

      (A)

      (B)

      (B) - (A)

      Increase/Decrease rate

      Overseas net sales

      7,192

      8,809

      1,616

      22.5%

      Overseas net sales ratio (%)

      33.5%

      38.3%

      4.8pt

    4. Capital expenditures, depreciation, and research and development expenses (Unit: Millions of yen)

Three Months ended June 30, 2024

Three Months ended June 30, 2025

YOY

increase/decrease

(A)

(B)

(B) - (A)

Increase/Decrease rate

Capital expenditures

626

4,026

3,399

542.5%

Depreciation

757

738

(18)

(2.5)%

Research and development expenses

780

893

113

14.5%

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