Consolidated Financial Results for the Three Months Ended June 30 2025 （320KB）

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

July 29, 2025

Company name: TOMEN DEVICES CORPORATION

Listing: Tokyo Stock Exchange

Securities code: 2737

URL: https://www.tomendevices.co.jp Representative: Kiyotaka Nakao, President

Inquiries: Hideki Hara, General Manager, Accounting Department Telephone: +81-3-3536-9150

Scheduled date to commence dividend payments: -Preparation of supplementary material on quarterly financial results: No Holding of quarterly financial results briefing: No

(Amounts less than million yen are rounded down.)

1. Consolidated financial results for the three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025)
   1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended June 30, 2025 June 30, 2024	Millions of yen 102,386 102,886	% (0.5) 17.0	Millions of yen 1,846 3,295	% (44.0) 5.4	Millions of yen 1,709 2,072	% (17.5) (1.2)	Millions of yen 1,270 1,539	% (17.5) -

      Note: Comprehensive income	For the three months ended June 30, 2025:	¥ 396 million	[ (86.9)% ]
      	For the three months ended June 30, 2024:	¥ 3,020 million	[ - % ]

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      June 30, 2025	186.76	-
      June 30, 2024	226.42	-

   2. Consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of	Millions of yen 158,742 113,970	Millions of yen 47,978 49,621	%	yen
   June 30, 2025			30.2	7,054.64
   March 31, 2025			43.5	7,296.29

   Reference: Equity As of June 30, 2025: ¥ 47,978 million

   As of March 31, 2025: ¥ 49,621 million

2. Cash dividends

   	Annual dividends per share
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Fiscal year-end	Total
   Year ended March 31, 2025 Year ending March 31, 2026	Yen - -	Yen 0.00	Yen -	Yen 300.00	Yen 300.00
   Year ending March 31, 2026 (Forecast)		0.00	-	260.00	260.00

   Note: Revisions to the forecast of cash dividends most recently announced: No

3. Forecast of consolidated financial results for the year ending March 31, 2026 (from April 1, 2025 to March 31, 2026) Percentages indicate year-on-year changes

   	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent		Earnings per share
   Full year	Millions of yen 400,000	% (5.1)	Millions of yen 8,800	% (13.5)	Millions of yen 6,500	% (11.9)	Millions of yen 4,800	% (14.1)	Yen 705.78

   Note: Revisions to the consolidated earnings forecasts most recently announced: No

4. Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in the scope of consolidation) : No

2. Application of special accounting methods for preparing quarterly consolidated financial statements: Yes

3. Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statement Changes in accounting policies due to revisions to accounting standards and other regulations: No

   Changes in accounting policies due to other reasons: No Changes in accounting estimates: No

   Restatement of prior period financial statements: No

4. Number of issued shares (common shares)

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

Number of treasury shares at the end of the period

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

• Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: No

• Proper use of forecasts of financial results, and other special matters (Caution regarding forward-looking statements and others)

The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Consequently, any statements herein do not constitute assurances regarding actual results by the Company. Actual business and other results may differ substantially due to various factors.

Contents of the Attachment

1. Overview of Quarterly Financial Results, etc. 2

   1. Overview of Operating Results 2

   2. Overview of Financial Position 2

   3. Explanation of Consolidated Financial Results Forecast and Other Future Projections 2

2. Quarterly Consolidated Financial Statements and Primary Notes 3

   1. Quarterly Consolidated Balance Sheets 3

   2. Quarterly Consolidated Statements of Income and Comprehensive Income 4

   3. Notes to Quarterly Consolidated Financial Statements 6

      (Notes on accounting treatment specific to the preparation of quarterly consolidated financial statement) … 6 (Notes on Segment Information) 6

      (Notes in case of significant changes in shareholders' equity) 7

      (Notes on Going Concern Assumption) 7

      (Notes on quarterly consolidated statements of cash flows) 7

3. Supplemental Information 8

1. Overview of Quarterly Financial Results, etc.

   1. Overview of Operating Results

      During the three months under review, the Japanese economy maintained a gradual upward trend in personal consumption amid improvements in the employment and income environment. However, challenges such as rising prices and labor shortages persist. Concerns about a global economic slowdown due to the impact of U.S. tariff policies, geopolitical risks, and exchange rate fluctuations caused by domestic and international interest rate trends continue to create uncertainty about the future.

      The electronics industry saw a gradual recovery due to expanding demand centered on the AI field, the effects of Chinese subsidies, and the impact of US tariff policies, which brought forward demand.

      In these circumstances, the Tomen Devices Group saw increased sales in the automotive business, CMOS image sensors (CIS) for high-resolution smartphone cameras and domestic SiP (System in Package) business. However, due to the yen's appreciation compared to last year, sales amounted to 102,386 million yen (down 0.5% year on year). Operating profit was 1,846 million yen (down 44.0% year on year), ordinary profit was 1,709 million yen (down 17.5% year on year), and profit attributed to owners of parent was 1,270 million yen (down 17.5% year on year) due to exchange rate fluctuations and the impact of hedging against exchange rate fluctuation risk in transactions denominated in US dollars.

      For the results by item, please refer to 3. Supplementary Information (Results by item) on page 8.

   2. Overview of Financial Position

      Total assets as of the end of the three months under review amounted to 158,742 million yen (up 39.3% from the end of the previous fiscal year). This was primarily due to increase of merchandise, notes and accounts receivable - trade as well as decrease in deposits paid.

      Liabilities totaled 110,764 million yen (up 72.1% from the end of the previous fiscal year). This mainly reflects increase in short-term borrowings and accounts payable - trade.

      Net assets were 47,978 million yen (down 3.3% from the end of the previous fiscal year). This was mainly due to decrease of foreign currency translation adjustment and the payment of dividends.

   3. Explanation of Consolidated Financial Results Forecast and Other Future Projections

There are no changes to the forecast of consolidated financial results for the full year announced on April 24, 2025.

Quarterly Consolidated Financial Statements and Primary Notes

(1) Quarterly Consolidated Balance Sheets

(Millions of yen)

As of March 31, 2025 As of June 30, 2025

Assets