FY2025 3Q Financial Results Material

February 10, 2026

The following statements are an English translation of the original Japanese document.

(All financial information has been prepared in accordance with accounting principles generally accepted in Japan.) Name of company… Taikisha Ltd.

Stock Exchange…… Tokyo Stock Exchange

Code 1979

Representative…… Masashi Osada, President and Representative Director

Contact Seiji Takeshita, Managing Corporate Officer, Administrative Management Headquarters Chief

Executive TEL (03)5338 - 5052

URL……………… https://www.taikisha.co.jp/

(Round down to one million yen)

1. Consolidated operating results (Cumulative) (% indicates increase ratio over previous year)

   	Sales		Operating	income	Ordinary income		Profit attributable to owners of parent
   Nine months ended December 31, 2025 December 31, 2024	million yen 202,229 184,766	% 9.5 (10.0)	million yen 15,329 9,926	% 54.4 (18.1)	million yen 16,584 11,421	% 45.2 (14.1)	million yen 11,089 8,186	% 35.5 (20.0)

   (Note) Comprehensive income	Nine months ended December 31, 2025	15,701 million yen	104.6 %
   	Nine months ended December 31, 2024	7,672 million yen	(53.6) %

   	Profit attributable to owners of parent per share	Profit attributable to owners of parent per share (Diluted)
   Nine months ended	yen	yen
   December 31, 2025	173.82	-
   December 31, 2024	125.66	-

   (Note) The Company conducted a 2-for-1 share split of shares of common share, with an effective date of April 1, 2025. "Profit attributable to owners of parent per share" is calculated assuming that the share split was executed at the beginning of the previous consolidated fiscal year.

   (Note) Shareholders' Equity	As of December 31, 2025	152,661 million yen
   2. Dividends	As of March 31, 2025	148,053 million yen

2. Consolidated financial position

(Note) Revisions to forecast of dividends : None

The Company conducted a 2-for-1 share split of shares of common share, with an effective date of April 1, 2025. The amounts shown for the fiscal year ended March 31, 2025 are the actual amount of dividends paid before the share split. The amounts shown for the fiscal year ending March 31, 2026 (forecast) are the figures after the share split.

1. Consolidated Earnings Forecast for Fiscal Year Ending March 31, 2026 (April 1, 2025 through March 31, 2026)

   (% indicates increase ratio over previous year)

   	Sales	Operating income	Ordinary income	Profit attributable to owners of parent	Profit attributable to owners of parent per share
   Full year	million yen % 286,700 3.8	million yen % 21,300 18.5	million yen % 23,000 15.4	million yen % 14,400 30.6	yen 225.70

   (Note) Revisions to forecast of earnings : Yes

2. Others

(4) Number of shares issued (common shares)

1. Number of shares issued at end of period (including treasury shares) As of December 31, 2025 67,164,018 shares

   As of March 31, 2025 67,164,018 shares

2. Number of treasury shares at end of period

   As of December 31, 2025 4,164,419 shares

   As of March 31, 2025 2,311,280 shares

3. Average number of shares during the period

Nine months ended December 31, 2025 63,800,127 shares

Nine months ended December 31, 2024 65,143,663 shares

(Note) 1 The Company conducted a 2-for-1 share split of shares of common share, with an effective date of April 1, 2025. "Number of shares issued (common shares)" is calculated assuming that the share split was executed at the beginning of the previous consolidated fiscal year.

2 The Company has introduced the "Board Benefit Trust (BBT)" as its performance-linked and share-based compensation plan and its own shares remaining in the Trust are included as treasury shares. The number of treasury shares owned by the trust as of December 31, 2025 and as of March 31, 2025 are 294,300 and 298,800, respectively. The average number of treasury shares owned by the trust for nine months ended December 31, 2025 and for nine months ended December 31, 2024 are 296,100 and 298,880, respectively.

※ Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants or auditing firms : Yes (optional)

※ Explanation about the proper use of consolidated forecasts and other notes

Data and forward-looking statements disclosed herein are based on current information as of today, and may change depending upon various factors. The data and assumptions do not mean guaranteeing accomplishment of goals and projections, and may be changed at any time without notice. Consequently, the Company ask you to use this information at your discretion based upon your own judgment and information you may obtain through other sources. The company will not be liable for any damages that result from the use of this information.

1 Consolidated Financial Statements

1. Consolidated Balance Sheets

   Assets

   Current assets

   Millions of yen As of March 31, 2025 As of December 31,

   2025

   Cash and deposits 47,556 63,684

   Notes receivable, accounts receivable from completed construction contracts and other Costs on uncompleted construction contracts	151,900 2,437	128,180 3,047
   Raw materials and supplies	1,011	1,148
   Other	9,270	21,712
   Allowance for doubtful accounts	(1,240)	(1,225)
   Total current assets	210,935	216,548
   Non-current assets
   Property, plant and equipment	13,742	13,872
   Intangible assets Goodwill	715	753
   Other	1,232	1,193
   Total intangible assets	1,947	1,946
   Investments and other assets Investment securities	26,324	31,838
   Deferred tax assets	832	1,510
   Net defined benefit asset	11,792	13,008
   Other	2,975	3,428
   Allowance for doubtful accounts	(101)	(318)
   Total investments and other assets	41,822	49,466
   Total non-current assets	57,513	65,285
   Total assets	268,448	281,833

   Liabilities

   Current liabilities

   Notes payable, accounts payable for construction contracts and other	49,590	40,954
   Short-term loans payable	13,200	20,426
   Income taxes payable	1,892	1,732
   Advances received on uncompleted construction contracts	19,668	20,107
   Provision for bonuses	-	5,535
   Provision for warranties for completed construction	689	596
   Provision for loss on construction contracts	356	49
   Provision for directors' bonuses	172	108
   Other	15,461	16,240
   Total current liabilities	101,030	105,752
   Non-current liabilities
   Long-term loans payable	116	45
   Deferred tax liabilities	8,306	10,840
   Provision for directors' retirement benefits	42	50
   Provision for share awards	54	59
   Provision for share awards for directors	439	548
   Net defined benefit liability	1,473	1,677
   Provision for loss on closing of factory	-	1,059
   Other	498	569
   Total non-current liabilities	10,931	14,851
   Total liabilities	111,962	120,603

   Net assets Shareholders' equity

   Millions of yen

   As of March 31, 2025 As of December 31,

   2025

   Capital stock	6,455	6,455
   Capital surplus	3,772	3,818
   Retained earnings	118,270	124,088
   Treasury shares	(4,969)	(9,962)
   Total shareholders' equity	123,528	124,399
   Accumulated other comprehensive income
   Valuation difference on available-for-sale securities	11,688	15,928
   Deferred gains or losses on hedges	(5)	36
   Foreign currency translation adjustment	10,383	9,470
   Accumulated remeasurements of defined benefit plans	2,458	2,826
   Total accumulated other comprehensive income	24,524	28,261
   Non-controlling interests	8,433	8,568
   Total net assets	156,486	161,230
   Total liabilities and net assets	268,448	281,833

2. Consolidated Income Statements and Consolidated Statements of Comprehensive Income

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