Taiyo Yuden Co., Ltd.TSE: 6976

Announcement Regarding Recognition of Non-operating Income (Foreign Exchange Gains) and Forecast Revision of Consolidated Results

· Issued by Taiyo Yuden 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.

February 6, 2026

To whom it may concern:

Company name: TAIYO YUDEN CO., LTD. Securities code: 6976

Listing: Tokyo Stock Exchange (Prime Market)

Representative: Katsuya Sase, Representative Director, President and Chief Executive Officer Inquiries: Rieko Kimoto, General Manager, Public Relations Department

Telephone: +81-3-6757-8315

URL: http://www.yuden.co.jp/en/

Announcement Regarding Recognition of Non-operating Income (Foreign Exchange Gains) and Forecast Revision of Consolidated Results

TAIYO YUDEN CO., LTD. ("the Company") recognized non-operating income (foreign exchange gains) for the nine-month period ended December 31, 2025 (April 1, 2025 to December 31, 2025). The Company also announced that it has revised the full-year consolidated financial results forecast for the fiscal year ending March 31, 2026 (April 1, 2025 to March 31, 2026) published on November 6, 2025. The details are as follows.

  1. Explanation on the Recognition of Non-operating Income (Foreign Exchange Gains)

    During the six-month period ended September 30, 2025 (April 1, 2025 to September 30, 2025), the Company recorded foreign exchange losses of ¥851 million in non-operating expenses. However, due to the impact of recent foreign exchange rate fluctuations, the Company recorded foreign exchange gains of ¥5,030 million in non-operating income during the three-month period ended December 31, 2025 (October 1, 2025 to December 31,

    2025).

    As a result, during the nine-month period ended December 31, 2025, the Company recorded foreign exchange gains of ¥4,179 million in non-operating income.

    The above amount states the foreign exchange gains due to the impact of foreign exchange rates as of December 31, 2025, and the amount will change depending on future foreign exchange rate conditions.

  2. Forecast Revision of Consolidated Results

    1. For the Year Ending March 31, 2026 (April 1, 2025 - March 31, 2026)

      Unit: Millions of yen

      Net sales

      Operating profit

      Ordinary profit

      Profit attributable to owners of

      parent

      Basic earnings per share

      Previous forecast (A)

      347,500

      18,000

      15,000

      9,000

      71.97 yen

      Revised forecast (B)

      354,000

      21,000

      22,000

      13,000

      103.96 yen

      Net change (B-A)

      6,500

      3,000

      7,000

      4,000

      Net change

      1.9%

      16.7%

      46.7%

      44.4%

      (Reference) Fiscal year ended March 31, 2025

      341,438

      10,459

      10,517

      2,328

      18.67 yen

    2. Rationale

Based on the financial results for the nine-month period ended December 31, 2025, future demand forecasts, trend of foreign exchange rate fluctuations, and other factors, the Company has revised the full-year financial results forecasts for the fiscal year ending March 31, 2026 published on November 6.

In the fourth quarter, sales of products for use in IT infrastructure/industrial equipment are expected to increase despite a seasonal slump in demand compared to the third quarter, mainly for products for use in communication equipment.

The forecast is based on an average foreign currency exchange rate for the fourth quarter of US$1: ¥155.

Disclaimer Concerning Forecasts of Results:

The aforementioned forecasts of results are based on information available as of the date of this news release. As a result, information included in this document may include uncertain factors, and actual results may differ materially from forecasts due to a variety of factors.

Company analysis

Earlier from Taiyo Yuden

All Taiyo Yuden news releases