FY2025 Q2 Financial Results Briefing

YAMAZEN CORPORATION

Stock Code: 8051

• Outline and Business Models

• Revisions to Consolidated Earnings Forecasts for FY2025/ FY2025 Q2 Financial Highlights

• Medium-Term Management Plan "PROACTIVE YAMAZEN 2027"

• Initiatives Aimed at Global Business Growth

• Capital Policy and Shareholder Returns

• Appendix

  • As the figures in this document are rounded down to the nearest million yen, the breakdowns may not match the totals. The percentage changes are rounded off to the first decimal place.

  • In this document, unless otherwise specified, 'Q2' refers to the cumulative six-month period (i.e., the first half of the fiscal year). Similarly, 'Full-Year Earnings Forecast' refers to the figures announced on October 15.

  • The plans, future prospects, strategies and other information in this document that do not relate to past or present facts are forecasts of future performance and are based on the judgments and assumptions derived from information currently available to the Company's management. Therefore, actual results may differ significantly due to uncertainties, economic conditions, and other risk factors. Furthermore, this document is not intended to solicit investment. Please make investment decisions at your own discretion.

Supplementary Materials for Full-Year Earnings Forecasts Supplementary Materials for FY2025 Q2 Financial Results Supplementary Materials for Business Model, etc.

• Outline and Business Models

• Revisions to Consolidated Earnings Forecasts for FY2025/ FY2025 Q2 Financial Highlights

• Medium-Term Management Plan "PROACTIVE YAMAZEN 2027"

• Initiatives Aimed at Global Business Growth

• Capital Policy and Shareholder Returns

• Appendix

Management of Fostering Personnel

To make active use of personnel, and to foster independent and virtuous employees

Management of Breaking Through

To challenge, innovate and create

Management of Trust

To respond to the needs and expectations of

Founder Takeo Yamamoto

Founded Yamazen Tool Manufacturing & Sales Co., Ltd. in May 1947. Expanded the company's business domain from machinery tools to machine tools, housing equipment, and home products. The company's rapid growth through unique management attracted attention and became the model for the novel Doterai Yatsu. He died in 1991 (aged 70).

society and contribute to them

Leading worldwide manufacturing and enriched lives

Yamazen has continually been a contributor to society, satisfying numerous user expectations in the two domains of Production Equipment that support manufacturing, and Consumer Goods that enrich everyday living. Moving forward, we will create new value by exceeding and integrating these two boundaries to lead worldwide manufacturing and enriched lives.

Wholesale

Model

1

Engineering

Model

2

Model

3

Fabless manufacturer

Independent and virtuous employees who have a pioneering spirit and the ability to think while taking action

Model

1

Suppliers

Distributors

About 3,000

companies

Users

(Small and medium-sized manufacturing companies)

About 5,000 About 120,000

companies companies*

In the machinery tool industry, it is difficult for small and medium-sized manufacturers, which are our users, to find the optimal equipment from the wide array of manufacturers and products available, and distributors are also exploring the best proposals for users. In addition, it is time-consuming work for manufacturers to manage transactions with their many distributors. We act as an intermediary between manufacturers and distributors, utilizing our vast knowledge of products and know-how to propose products that meet the needs of users. This allows distributors to provide users with the optimal products and manufacturers to consolidate their sales channels and streamline sales and payment collection.

Suppliers

Distributors

About 3,000

companies

YAMAZE

N

Users

(Small and medium-sized manufacturing companies)

About 5,000 About 120,000

companies companies*

*Example from the metal processing industry

Model

2

For engineering, we have laid out a system to gather user needs and provide one-stop support, ranging from defining requirements to production line design, procurement of production equipment, installation, and operation. Outside Japan, we have 73 branches in 15 countries and regions, with approximately 330 engineers providing advanced services and contributing to "global manufacturing."

Gathers user needs, provides one-stop support, and resolves issues

Users (small and medium-sized manufacturing companies)

Maintenance

YAMAZEN

Suppliers

Define requirements

Line design Equipment procurement

Installation and inspection Operation

[Overseas]

15 countries and regions

73 overseas offices

(including 1 Home Products Business office)

[Overseas staff members]

About 1,200

[Engineers]

About 330

* As of July 31, 2025

*Example of engineering flow in North America

Model

3

Planning and

design

Development

and quality control

Sales and

negotiations

Order

Collaboration

Production

Prototype

Data analysis

and marketing

Marketing

staff

External partner factories

Collaborating with

external partner factories to develop products quickly

About 60% of sales in the Home Products Business comes from private brand (PB) products. We can commercialize these private brand products swiftly because our merchandisers (MDs), who are familiar with customer needs and have sales experience, can collaborate with our marketing staff to plan and develop them quickly. We deliver convenient and reasonably priced new products produced at our partner factories overseas to consumers through such channels as home improvement stores, home appliance mass retailers, e-commerce (YAMAZEN's site and platform sellers), and mail order.

MD

In-store

EC

Mail order

YAMAZEN's Driving Force Behind Value Creation

Independent and virtuous employees who have a pioneering spirit and the ability to think while taking action

"Destiny is something that you pioneer yourself." This life philosophy of Founder Takeo Yamamoto is embedded deeply in our management philosophy and remains ingrained in the hearts of our employees, handed down to this day.

Taking responsibility for their own actions, our autonomous and independent talent challenges themselves to innovate and create, pioneering a new future.

This is our core competence.

Pioneering spirit

A mindset of constantly responding to change and taking on the challenge of innovation and creation

Thinking in Action

The ability to think and act on one's own

Independent and Virtuous Employees

Self-reliant human resources who share the Yamazen Group's unique philosophy, who respond promptly and flexibly to change, even as unexpected change becomes commonplace,

by independently taking on challenges and putting ideas and actions into practice on site, and who are always of service to customers

A

• Founded as a wholesaler of industrial tools (production equipment), we have expanded

  our business to include the machine tools, industrial machinery, and housing-related domains

  B

• Our continuous transactions with many distributors have allowed us to

  establish a stable revenue base through business models likened to recurring revenue

  C

• We have expanded our business domains and scale by adding on such functions as engineering and fabless manufacturer in line with the items handled by each business division

• We have stabilized our business by linking our add-on business to stable and continuous transactions

  Business operation of YAMAZEN (schematic diagram)

  Relationship Between Business Models and Business Organizations

  A

  Engineering

  
  
  

  Home Products Business

  Building Materials Business

  Global Business

  Tool & Engineering*Business

  Industrial Solution Business

  Machine Tools Business

  Production Equipment Consumer Goods

  Fabless manufacturer

  (Private brand products)

  Engineering

  C

  Wholesale

  (Home Products [other than PB])

  Wholesale

  (Housing equipment)

  B

  Wholesale (Machine tools, equipment,

  industrial tools-related)

  
  
  

  Fabless maker

  Wholesale

  Wholesale

  Wholesale

  Inauguration of business Present

  Copyright © 2025 YAMAZEN CORPORATION

  *Some of the following is abbreviated as "T&E" 10

  *In the following pages, the word "Business" may be omitted.

• Business Portfolio Approach

  Determining business direction by considering the two axes of "capital profitability" and "growth potential," as well as synergies between businesses

• Positioning of business portfolio

  Allocating all capital gained from the wholesale business to Value enhancement and high-growth potential business domains

  Image of Business Portfolio Strategies

  Fabless manufacturer

  (Private brand products)

  Engineering

  Wholesale

  (Home Products [Non-PB])

  Wholesale

  (Housing equipment)

  Wholesale

  (Machine Tools, equipment, industrial tools)

  Resilience-enhancing Businesses

  Wholesale business that efficiently generates cash based on strong relationships with business partners built over our long-standing history

Inauguration of

business Present

Consumer Goods

179,506 million yen (34.8%)

Production Equipment

333,205 million yen (64.6%)

Home Products Business

100,883 million yen (19.6%)

Machine Tools Business

72,217 million yen (14.0%)

Building Materials Business

78,623 million yen (15.2%)

FY2024

Consolidated Net Sales

516,126

(Million yen)

Industrial Solution Business

95,049 million yen (18.4%)

Others

3,414 million yen (0.7%)

Tool & Engineering Business

80,204 million yen (15.5%)

Overseas Production Equipment Business

85,733 million yen (16.6%)

• Outline and Business Models

• Revisions to Consolidated Earnings Forecasts for FY2025/ FY2025 Q2 Financial Highlights

• Medium-Term Management Plan "PROACTIVE YAMAZEN 2027"

• Initiatives Aimed at Global Business Growth

• Capital Policy and Shareholder Returns

• Appendix

  Overview of Q2 Results

  • For the first half, we recorded net sales of 259.8 billion yen (+4.4% YoY) and operating profit of 5.1 billion yen (+48.4% YoY).

    • Demand for heat-stroke prevention measures-driven by the mandatory requirements in workplaces and the extreme heat this summer-resulted in strong sales of products designed to prevent heatstress in both the Production Equipment and Consumer Goods segments.

    • While gross profit increased in line with strong sales, we successfully contained the increase in

SG&A expenses.

Revisions to Earnings Forecasts

• • Supported by strong sales and thorough reviews of various expenses, we revised our earnings forecasts.

    The full-year earnings forecasts now stand at net sales of 530 billion yen (+2.7% YoY) and

    operating profit of 10 billion yen (+4.9% YoY).

    • In August, we upwardly revised our first-half forecasts, reflecting robust sales of products designed to prevent heat stress.

    • In October, we raised our first-half and full-year earnings forecasts, reflecting reductions in SG&A expenses through detailed reviews of costs initially estimated in August, along with revisions to corporate tax estimates.

• Due to the impact of the extreme heat that began before the end of the rainy season, orders for products designed to prevent heat stress were strong in both the Production Equipment business and the Consumer Goods business, and we revised our first-half earnings forecasts on August 8th (the full-year forecast remained unchanged).

• We revised its first-half earnings forecasts upward on October 15, due to reductions in selling, general and administrative expenses and a review of corporate tax estimates. Regarding the full-year forecast, net sales remain unchanged, but profits have been revised upward due to the postponement of the recognition of extraordinary gains originally planned for the third quarter onward and a review of corporate tax estimates.

• Second quarter consolidated earnings forecasts and results

  (Million yen)

  	FY2024 Q2 Results	FY2025 Q2
  		Results	Initial Forecasts	Revised Forecasts (1)	Revised Forecasts (2)
  			Announced on May 14	Announced on Aug. 8	Announced on Oct. 15	Vs. Initial Forecasts
  Net sales	248,924	259,844	250,000	255,000	255,000	-
  Operating profit	3,442	5,108	3,000	4,000	5,000	+2,000
  Ordinary profit	3,494	5,413	3,000	4,000	5,000	+2,000
  Profit attributable to owners of parent	2,567	4,182	2,500	3,200	3,900	+1,400

• Full-year consolidated earnings forecasts

  (Million yen)

  	FY2024 Results	FY2025
  		Results	Initial Forecasts	Revised Forecasts (1)	Revised Forecasts (2)
  			Announced on May 14	Announced on Aug. 8	Announced on Oct. 15	Vs. Initial Forecast
  Net sales	516,126		530,000	No Change	530,000	-
  Operating profit	9,535		9,000		10,000	+1,000
  Ordinary profit	10,018		9,000		10,000	+1,000
  Profit attributable to owners of parent	7,845		7,000		7,150	+150

  Net sales: 259,844 million yen, +4.4% YoY

  Net sales increased owing to strong sales of products designed to prevent heat stress, air conditioning equipment, and environmental improvement equipment due to the extreme heat. In addition, sales of energy-saving equipment remained strong due to high utility costs, resulting in increased revenue.

  Gross profit: 39,755 million yen, +6.4% YoY

  Gross profit increased thanks to sales growth.

  Operating profit: 5,108 million yen, +48.4% YoY

  Profit attributable to owners of parent

  : 4,182 million yen, +62.9% YoY

  Although personnel expenses, allowance for doubtful accounts, and depreciation and amortization increased, the increase in SG&A expenses was suppressed by reviewing other expenses.

  While gains on the sale of policy shareholdings were recorded, corporate taxes increased.

  (Million yen)

  	FY2024 Q2	FY2025 Q2	YoY	Full-year Forecasts	Achievement Rate
  Net sales	248,924	259,844	+4.4%	530,000	49.0%
  Gross profit	37,347	39,755	+6.4%	-	-
  (Gross profit margin)	15.0%	15.3%	+0.3pt	-	-
  SG&A expenses	33,905	34,647	+2.2%	-	-
  Operating profit	3,442	5,108	+48.4%	10,000	51.1%
  (Operating profit margin)	1.4%	2.0%	+0.6pt	1.9%	-
  Non-operating profit/loss	52	304	+475.0%	-	-
  Ordinary profit	3,494	5,413	+54.9%	10,000	54.1%
  Extraordinary gain/loss	640	1,017	+58.7%	-	-
  Profit attributable to owners of parent	2,567	4,182	+62.9%	7,150	58.5%

  • Gross profit increased on the back of strong sales

  • Although amortization expenses increased due to strategic investments in systems and logistics facilities during the previous fiscal year and various expenses increased due to growing sales, operating profit increased by 1.6 billion yen (48.4%) YoY due to a thorough review of various expenses.

    Increase in gross profit

    Increase in

    SG&A expenses

    (Million yen)

    741

    2,408

    5,108

Operating profit

Operating profit

Production Equipment +975 Salaries and bonuses +207

Building Materials +503

Provision of allowance for doubtful accounts

+171

Home Products +919

Depreciation and amortization +114

Rent and storage fees +81

FY2024

Q2

Copyright © 2025 YAMAZEN CORPORATION

Up 1,666 YoY

FY2025

Q2 17

(Billion yen)

(End of Mar. 2025) (End of Sep. 2025)

(End of Sep. 2025)

(End of Mar. 2025)

+11.5

＋21.3

Net assets

129.0

Long-term liabilities:10.9

Current liabilities

165.1

Current assets

241.0

-9.6

+1.2

Noncurrent assets and deferred tax assets

64.1

+1.1

Total assets: 305.1

+12.8

Copyright © 2025 YAMAZEN CORPORATION

*Market capitalization is calculated by multiplying the closing price at the end of the fiscal year by the number of shares outstanding (excluding treasury shares) on the same date.

*Basic operating cash flow is calculated by deducting the increase/decrease in working capital from operating cash flow.

*Rounded down to the nearest 100 million yen.

18

Home Products Wholesale

Buildin Materials Wholesale

Global

T&E

Industrial S

Machine Tools

Net sales

Domestic capital investment growth rate (*)

COVID-19

(pandemic)

2.00

1.80

1.60

1.40

1.20

1.00

0.80

FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2027

(Plan) (Plan)

* Growth rates calculated based the Bank of Japan's "National Tankan and Annual Plan (Capital

(million yen)

300,000

250,000

200,000

Fabless

maker

150,000

100,000

50,000

0

Investment) (Fiscal Year) / Capital Investment (Including Land Investment) / Year-on-year Comparison /

Fiscal Year / Large Enterprises / Manufacturing / Actual Results" with FY2015 as the starting point (1).

Market Trends (Opportunities) Main Policies

• The domestic machine tools market is growing gradually in the

  medium to long term

• The expanding market for electrified parts is changing traditional manufacturing processes

• The demand for automation/labor-saving at manufacturing/distribution sites is expanding

• The digital transformation of manufacturing sites through AI and IoT

• The expansion of renewable energy/energy-saving markets

• Improving the profitability of existing businesses

• Reducing business volatility through market development in growth industries

• Promoting solutions business by strengthening customer contact points

• Improving profitability through original product development

• Strengthening distribution infrastructure through optimal placement of distribution bases

  Domestic Production Equipment Business: Q2 Results

  
  
  
  
  
  

  • In the Machine Tools Business, investment activity by SME manufacturers was sluggish, and sales of machine tools to auto parts processing manufacturers were slightly lower than the previous year.

  • In the Industrial Solution Business, sales of energy-saving equipment remained strong, and sales of products designed to prevent heat stress and environmental improvement equipment for improving working environments also remained strong.

  • In the Tool & Engineering Business, sales of various work supplies used at production sites, including goods to prevent heat stress, and

    measurement and analysis equipment were strong.

    (Million yen)

    		Net sales	FY2024 Q2	FY2025 Q2	YoY	Full-year Forecasts	Achievement Rate
    	Domestic Production Equipment	Machine Tools Business	32,094	31,526	-1.8%	70,000	45.0%
    		Industrial Solution Business	47,322	48,702	+2.9%	99,000	49.2%
    		Tool & Engineering Business	39,389	40,058	+1.7%	81,000	49.5%
    		Total	118,806	120,288	+1.2%	250,000	48.1%

    Responding to Workplace Improvements

    Enhancing Advanced Engineering as a Group of Technical Specialists

    Sales of equipment designed to prevent heat stress, etc. drove sales

    
    
    

    Sales of equipment designed to prevent heat stress have remained strong owing to the "Amended Ordinance on Industrial Safety and Health" coming into effect on June 1st, which made heat stress prevention measures mandatory in the workplace.

    Increased sales of environmental

    Participation in the project to build a "Physical Data Generation Center"

    in which up to 50 humanoid robots can operate simultaneously

    In April, we signed a business partnership agreement with INSOL-HIGH Inc., which has developed an industrial platform specializing in the domain of humanoid robots.

    
    
    

    We are participating in a consortium-type project led by INSOL-HIGH to promote the construction of a "Physical Data Generation Center" aimed at accelerating the social implementation of humanoid robots. At this facility, work-operation data will be collected and organized, and learning

    improvement equipment to improve working environment also contributed.

    ▲ YAMAZEN's original high-volume spot cooler to prevent heat

    data will be accumulated. Participating companies will share the data with one another, with the aim of supporting automation in manufacturing and

    ▲ Image of the Physical Data

    Net Sales Trend in the Global Business

    COVID-19

    (pandemic)

    Production Equipment

    Consumer Goods

    Engineering

Home Products

Building Materials

Global

T&E

Industrial S

Machine Tools

(million yen)

120,000

100,000

Wholesale

Wholesale Engineering

80,000

Fabless maker

Engineering

60,000

40,000

20,000

0

FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

(Plan)

FY2027

(Plan)

See p. 34-38 for the Medium-Term Management Plan

Market Trends (Opportunities) Main Policies

Copyright © 2025 YAMAZEN CORPORATION

• Promoting localization and streamlining of management to strengthen trade with global companies

• Aiming to expand geographically and optimize business domains to address the restructuring of global supply chains

• Market development and product development to address changes in market trends and needs

  23

  • We captured demand from capital investment by domestic demand-oriented companies in China and new capital investment demand in ASEAN due to the transfer of production from other regions, resulted in performance growth YoY.

  • In North America, capital investment in the manufacturing industry was sluggish overall, while in Taiwan, capital investment by parts processing users remained sluggish.

    (Million yen)

    		Net sales	FY2024 Q2	FY2025 Q2	YoY	Full-year Forecasts	Achievement Rate
    	Overseas Production Equipment	Global Business	40,836	43,783	+7.2%	90,000	48.6%

    Geographic Expansion of Business Domains

    Advancement of Engineering Technology

    Embracing the geographical shift in manufacturing bases as a business opportunity

    Our overwhelming strength has been in our ability to cover multiple regions through our global network of bases in various countries and distributor rights with manufacturers in those countries.

    Country A

    Japanese-affiliated user

    Japanese-affiliated user

    Local user

    Local user

    Enabling headquarters and subsidiaries to share information and respond to user needs

Steadily brought cross-border projects to fruition and responded to the shift of manufacturing bases.

Sharing know-how among bases and enhancing technical quality

We are horizontally expanding the specialized mechatronics team established in China to India. In Thailand, efforts are underway for the metrology specialist team to obtain calibration licenses for coordinate measuring machines, in addition to measurement tools, as each country advances the sophistication of its engineering technologies.

We held engineering technology exchange meetings for members in ASEAN

countries and India to standardize YAMAZEN's engineering quality.

Copyright © 2025 YAMAZEN CORPORATION

▲ Scene from the engineering technology exchange meeting

24

Building Materials Business: Net Sales and Segment Profit Margin Trends

系列1

系列2

Number of new housing

construction starts*

COVID-19

(pandemic)

816,388

4.1%

4.0% 4.1%

2.4%

3.6%

3.4%

3.7%

3.0%

2.5%

2.4%

2.6%

2.8%

(million yen)

80,000

60,000

8.0%

Production Equipment

Consumer Goods

Home Products

Building Materials

Global

T&E

Industrial S

Machine Tools

7.0%

Wholesale

Wholesale

6.0%

5.0%

40,000

20,000

0

1 2 3 4 5 6 7 8 9 10 11 12

4.0%

3.0%

2.0%

1.0%

0.0%

Fabless maker

Engineering

See p. 61-62 for major items handled, commercial distribution

* Source: Ministry of Land, Infrastructure, Transport and Tourism "Statistics on Building Construction Started"

Market Trends (Opportunities) Main Policies

• The number of new housing starts is expected to fall below 800,000 from FY2025 onwards due to the declining birthrate and aging population, as well as the rising mortgage interest rates

• The renewable energy/energy-saving markets are expanding due to the global trend toward carbon neutrality

• Reviews of housing performance have accelerated as compliance with energy-saving standards has become mandatory under the Amendment to the Building Standards Act in April 2025

  Copyright © 2025 YAMAZEN CORPORATION

• Focusing on subsidy proposals for residential and non-residential sectors (offices, factories, facilities, stores, etc.) with high energy-saving performance products

• Working to expand the retail sector of home improvement stores/home appliances mass retailers and e-commerce to strengthen the home renovation sector

• Strengthening efforts for the standard adoption of products by builders to expand our market share in the new home sector,

  and expanding ZePlus business 25

  • Sales of air conditioning equipment were strong, driven by demand for energy-saving renovations and the effects of the extreme heat, and sales of products such as water heaters with enhanced proposals to meet consumers' cost-saving needs also remained firm.

  • We strengthened proposals for facility renovations that combine environmentally friendly materials and construction in the non-residential sector such as office buildings, which improved the profit margin

    (Million yen)

    		FY2024 Q2	FY2025 Q2	YoY	Full-year Forecasts	Achievement Rate
    	Net sales	37,874	42,387	+11.9%	84,000	50.5%
    	Segment profit	1,421	1,671	+17.6%	3,400	49.2%
    	Segment profit margin	3.8%	3.9%	+0.2pt	4.0%	-

    Sales Increased for All of Residential, Non-residential, New, and Existing

    Expansion of the Renovation Business

    Steadily increasing sales by focusing on the renovation business for both residential and non-residential

    Established a specialized business promotion team for the mass retailer renovation business

    Demand for new housing is on a long-term downward trend.

    Starting in April, it has become mandatory to meet energy-saving standards for all new housing construction. Strengthened proposals for high-value-added products.

    Strengthened efforts for renovation projects, including the construction of public facilities, office buildings, factories, schools, and hospitals.

    Copyright © 2025 YAMAZEN CORPORATION

    • Image of sales for each quadrant

      ■ 2023 ■ 2024

      Residential

      New construction

      Existing construction (renovation)

      Established a system that enables us to provide comprehensive support for "package renovations" at mass retailers of home appliances, home improvement centers, etc., ranging from planning to sales and construction.

      Non-residential

      Promoted sales through training and the sharing of sales know-how to mass retailers of home appliances.

      
      
      

      ▲Seminar for mass retailer sales staff 26

      Home Products Business: Net Sales and Segment Profit Margin Trends

      (million yen)

      120,000

      100,000

      80,000

      60,000

      40,000

      20,000

      0

      1 2 3 4 5 6 7 8 9 10 11 12

      T&E

      14.0%

      COVID-19

      (pandemic) Stay-at-home demand

      系列1

      系列2

      4.4%

      3.3%

      5.9%

      5.5%

      4.9%

      5.2%

      5.0%

      4.4%

      3.5%

      3.3%

      3.4%

      2.6%

      
      
      

      12.0%

      10.0%

      8.0%

      6.0%

      4.0%

      2.0%

      0.0%

      Production Equipment

      Consumer Goods

      Engineering

Fabless maker

Home Products Wholesale

Building Materials

Wholesale

Global

Industrial S

Machine Tools

Copyright © 2025 YAMAZEN CORPORATION

• Increasing customer touchpoints and improving GMV (gross merchandise volume)

• Improving the system for immediate delivery nationwide

• Digitalizing transactions across all channels, including brick-and-mortar stores and e-commerce to accurately ascertain user needs and continue to bring optimal products to the market

  27

  • This business saw a growth in sales through speedy planning and development, expanding the product lineup, and improving information dissemination in the YAMAZEN brand (private brand).

  • Sales of workwear with built-in cooling fans and spot coolers remained solid due to the extreme heat.

  • Net sales and membership also grew steadily on Yamazen Bizcom, our own e-commerce site for corporations and sole proprietors, which is aimed at expanding our sales channels.

(Million yen)

Growth in Products Designed to Prevent Heat Stress

Strengthened Yamazen Bizcom Membership Acquisition

Sales of spot coolers, workwear with built-in cooling fans, and water-cooled clothing were strong due to the extreme heat

Efforts were made to quickly plan and develop private brand products that captured consumer needs and strengthened our lineup, and the YAMAZEN brand was popularized by disseminating information via social media and various other media.

In H1, sales were driven by the sales of such private brand products as workwear with built-in cooling fans and water-cooled clothing as a result of the increased corporate needs brought by the laws and regulations to prevent heat stress and

Sales and membership increased at Yamazen Bizcom, our own e-commerce site aimed at corporations and sole proprietors

Focused on expanding trade with sole proprietors, and membership steadily increased as a result.

• Yamazen Bizcom Membership Trends

Approx. 190K

individual needs brought by the extreme heat.

Copyright © 2025 YAMAZEN CORPORATION

▲"DIRECT COOL PREMIUM" water-cooled clothing that directly cools the neck and underarms

End of FY2022

End of FY2023

End of FY2024

End of FY2025

(Plan)

28

• Outline and Business Models

• Revisions to Consolidated Earnings Forecasts for FY2025/ FY2025 Q2 Financial Highlights

• Medium-Term Management Plan "PROACTIVE YAMAZEN 2027"

• Initiatives Aimed at Global Business Growth

• Capital Policy and Shareholder Returns

• Appendix

Copyright © 2025 YAMAZEN CORPORATION 29