Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Under Japanese GAAP)

May 8, 2026

Company name: TAIYO YUDEN CO., LTD. Listing: Tokyo Stock Exchange Securities code: 6976

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

Representative: Katsuya Sase, Representative Director, President and Chief Executive Officer

Inquiries: Tomomitsu Fukuda, Director, Senior Executive Operating Officer, Chief of Management Planning Headquarters

Telephone: +81-3-6757-8310

Scheduled date of annual general meeting of shareholders: June 26, 2026 Scheduled date to commence dividend payments: June 29, 2026 Scheduled date to file annual securities report: June 23, 2026 Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (for institutional investors and investment analysts)

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
   1. Consolidated operating results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 355,341 341,438	% 4.1 5.8	Millions of yen 19,996 10,459	% 91.2 15.2	Millions of yen 24,129 10,517	% 129.4 (23.6)	Millions of yen 14,806 2,328	% 535.9 (72.0)

      Note: Comprehensive income	For the fiscal year ended March 31, 2026:	¥36,464 million	[-%]
      	For the fiscal year ended March 31, 2025:	¥218 million	[(99.0)%]

      	Basic earnings per share	Diluted earnings per share	Return on equity	Ratio of ordinary profit to total assets	Ratio of operating profit to net sales
      Fiscal year ended	Yen	Yen	%	%	%
      March 31, 2026	118.49	107.55	4.5	4.1	5.6
      March 31, 2025	18.67	16.13	0.7	1.8	3.1

      Reference: Share of profit (loss) of entities accounted for using equity method For the fiscal year ended March 31, 2026: ¥- million

      For the fiscal year ended March 31, 2025: ¥- million

   2. Consolidated financial position

      	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
      As of March 31, 2026 March 31, 2025	Millions of yen 615,536 573,188	Millions of yen 344,412 319,171	% 56.0 55.6	Yen 2,754.19 2,552.94

      Reference: Equity

      As of March 31, 2026: ¥344,412 million As of March 31, 2025: ¥318,436 million

   3. Consolidated cash flows

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
   Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 58,117 33,941	Millions of yen (25,695) (63,527)	Millions of yen (6,828) 3,048	Millions of yen 98,073 67,543

2. Cash dividends

   	Annual dividends per share					Total cash dividends (Total)	Payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen - -	Yen	Yen - -	Yen	Yen	Millions of yen 11,225 11,240	%	%
   Fiscal year ended March 31, 2025		45.00		45.00	90.00		482.1	3.5
   Fiscal year ended March 31, 2026		45.00		45.00	90.00		76.0	3.4
   Fiscal year ending March 31, 2027 (Forecast)	-	45.00	-	45.00	90.00		62.5

   Dividend on Equity (DOE) As of March 31, 2026: 3.8%

   As of March 31, 2025: 3.8%

3. Forecasts of operating results for the period from April 1, 2026 to March 31, 2027

(Percentages indicate changes from same period in the previous fiscal year.)

1. Significant changes in the scope of consolidation during the period: None Newly included: -

   Excluded: -

2. Changes in accounting policies, changes in accounting estimates, and restatement

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

   2. Changes in accounting policies due to other reasons: None

   3. Changes in accounting estimates: None

   4. Restatement: None

3. Number of issued shares (common shares)

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

      As of March 31, 2026	130,218,481 shares
      As of March 31, 2025	130,218,481 shares

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

      As of March 31, 2026	5,167,907 shares
      As of March 31, 2025	5,485,415 shares

   3. Average number of shares outstanding during the period

1. Non-consolidated operating results (Percentages indicate year-on-year changes.)

   	Net sales		Operating profit		Ordinary profit		Profit
   Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 323,867 308,341	% 5.0 8.6	Millions of yen 1,386 (9,864)	% - -	Millions of yen 8,024 2,537	% 216.2 -	Millions of yen 3,562 (218)	% - -

   	Basic earnings per share	Diluted earnings per share
   Fiscal year ended	Yen	Yen
   March 31, 2026	28.51	25.18
   March 31, 2025	(1.75)	-

2. Non-consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of March 31, 2026 March 31, 2025	Millions of yen 393,711 386,243	Millions of yen 148,467 156,165	% 37.7 40.2	Yen 1,187.26 1,246.11

   Reference: Equity

   As of March 31, 2026: ¥148,467 million As of March 31, 2025: ¥155,430 million

   • Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.

   • Forecasts of operating results include a number of assumptions based on information currently available and certain premises which were judged to be rational. Please note that these forecasts may significantly differ from actual results with various factors.

   • TAIYO YUDEN will post the financial supplementary data on its web-site.

     〇Table of contents

     1. Analysis of Operating Results and Financial Condition .- 2 -

        1. Analysis of Operating Results.................................................................................................... - 2 -

        2. Outlook for the Year Ending March 31, 2027 .............................................................................. - 3 -

        3. The Group's Medium-to Long-term Management Policy ............................................................. - 3 -

        4. Basic Policy on Profit Distribution and Current/Subsequent Fiscal Year Dividend ......................... - 4 -

     2. Basic Approach to Selection of Accounting Standard .............................................................................- 4 -

     3. Consolidated Financial Statements..........................................................................................................- 5 -

        1. Consolidated Balance Sheets ..................................................................................................... - 5 -

        2. Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income.... - 7 -

           (Consolidated Statements of Operations)...................................................................................... - 7 -

           (Consolidated Statements of Comprehensive Income)................................................................... - 8 -

        3. Consolidated Statement of Changes in Equity............................................................................. - 9 -

        4. Consolidated Statements of Cash Flows ................................................................................... - 11 -

        5. Notes to Consolidated Financial Statements.............................................................................. - 12 -

           (Notes on Premise of Going Concern)........................................................................................ - 12 -

           (Notes on Consolidated Statements of Operations)...................................................................... - 12 -

           (Notes on Segment Information) ............................................................................................... - 12 -

           (Per Share Information) ............................................................................................................ - 14 -

           (Notes on Significant Subsequent Events) .................................................................................. - 14 -

     4. Other ......................................................................................................................................................- 15 -

        1. Production, Orders and Sales Results ....................................................................................... - 15 -

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