YASKAWA Electric : Consolidated Results for the First Half of the Fiscal Year Ending February 28, 2026

October 3, 2025

Listed company name: YASKAWA Electric Corporation https://www.yaskawa-global.com/

Representative: Masahiro Ogawa, Representative Director, President Stock exchange listings: Tokyo and Fukuoka

Stock ticker number: 6506

(Note: This document is a summarized translation of the financial statements submitted to the Tokyo Stock Exchange and Fukuoka Stock Exchange for the period stated above. Figures under ¥1 million are rounded down.)

1. Summary of Consolidated Results for the First Half of the Fiscal Year Ending February 29, 2026 (From March 1, 2025 to August 31, 2025)

   1. Consolidated Statements of Income

      (Millions of yen, percentage change from the previous year)

      	Revenue		Operating profit		Profit before tax		Profit
      Six months ended August 31, 2025	260,195	-0.5%	23,334	1.8%	25,204	3.2%	18,827	4.4%
      Six months ended August 31, 2024	261,573	-9.5%	22,926	-30.7%	24,427	-29.3%	18,026	-27.1%

      	Profit attributable to owners of parent		Comprehensive income		Earnings per share (basic, Yen)	Earnings per share (diluted, Yen)
      Six months ended August 31, 2025	18,247	2.2%	25,170	133.8%	70.36	70.28
      Six months ended August 31, 2024	17,851	-26.3%	10,765	-70.0%	68.29	68.22

   2. Consolidated Financial Position

      (Millions of yen, except ratio)

      	Total assets	Total equity	Equity attributable to owners of parent	Ratio of equity attributable to owners of parent to total assets
      As of August 31, 2025	765,866	455,803	447,049	58.4%
      As of February 28, 2025	743,774	439,610	431,188	58.0%

2. Dividends

   	Dividends per share (yen)
   	End of 1Q	End of 2Q	End of 3Q	Year-end	Annual total
   Year ended February 28, 2025	-	34.00	-	34.00	68.00
   Year ending February 28, 2026	-	34.00
   Year ending February 28, 2026 (Forecasts)			-	34.00	68.00

   Note: Revisions to the most recently announced dividend forecast: No

3. Consolidated Financial Forecasts for the Fiscal Year Ending February 28, 2026 (From March 1, 2025 to February 28, 2026)

   (Millions of yen, percentage change from the corresponding period of the previous year)

   	Revenue		Operating profit		Profit before tax		Profit attributable to owners of parent		Earnings per share (diluted, Yen)
   Year ending February 28, 2026	525,000	-2.4%	48,000	-4.3%	50,500	-35.6%	37,000	-35.1%	142.66

   Note: Revisions to the most recently announced financial forecasts: Yes

   The forecast for the fiscal year ending February 2026 (March 1, 2025 - February 28, 2026) is shown above. Although uncertainty continues due to the impact of the U.S. tariff policy, we have revised our annual financial forecasts upward for the fiscal year ending February 2026, announced on July 4, 2025, taking into account the results of the first half and the current demand environment.

   The average exchange rates for the period from September 1, 2025 to February 28, 2026 are unchanged from 1USD = 145.0 JPY, 1EUR = 160.0 JPY, 1CNY = 20.00 JPY, 1KRW = 0.110, announced on April 4, 2024.

   There is also no change in the annual dividend forecast.

   (Millions of yen)

   	Revenue	Operating profit	Profit before tax	Profit attributable to owners of parent	Earnings per share (basic, Yen)
   Previous forecast (A) (Announced on July 4, 2025)	515,000	43,000	45,500	33,000	127.24
   Revised forecast (B)	525,000	48,000	50,500	37,000	142.66
   Change (B-A)	10,000	5,000	5,000	4,000	15.42
   Change (%)	1.9	11.6	11.0	12.1	12.1
   Results of the previous fiscal year (Year ended February 28, 2025)	537,682	50,156	78,454	56,987	218.62

   *Please see supplements to financial results on our website for detailed information. (https://www.yaskawa-global.com)

   *Notes:

   1. Major Change in Scope of Consolidation: No

   2. Changes in Accounting Policies, Changes in Accounting Estimates:

      1. Changes in accounting policies required by IFRS: No

      2. Changes in accounting policies other than the above: No

      3. Changes in accounting estimates: No

   3. Number of Common Shares Outstanding

      The number of shares outstanding including treasury shares at end of period	First half of fiscal year ending February 2026	266,690,497	Fiscal year ended February 2025	266,690,497
      The number of treasury shares at end of period	First half of fiscal year ending February 2026	7,327,349	Fiscal year ended February 2025	7,344,219
      Average during the period	First half of fiscal year ending February 2026	259,354,270	First half of fiscal year ended February 2025	261,402,084

      • This financial report is not subject to the audit procedure.

        *About the appropriate use of business forecasts and other matters

        • Forward-looking statements in these materials are based on information available to management at the time this report was prepared and assumptions that management believes are reasonable and are not disclosed for the purpose of making a commitment to their achievement. Actual results may differ from these statements for a number of reasons. Please refer to "3. Consolidated Financial Forecasts for the Fiscal Year Ending February 28, 2026 (From March 1, 2025 to February 28, 2026)" on page 2 for the assumptions for the financial forecasts.

        • The Company will hold a result briefing in Japanese for securities analysts and institutional investors on October 6, 2025 (JST).

4. Qualitative Information on the First Half Results

Business Performance

In the first half of the fiscal year under review, amid continued uncertainty due to geopolitical risks and

U.S. tariff policies, demand in the global semiconductor market tended to focus on AI-related investment. On the other hand, demand for capital investment remained firm in the automotive markets in China and South Korea, as well as in the domestic electronic components market. Demand for automation in general industries also remained firm globally.

In terms of our group's business performance in this environment, revenue was almost flat and exceeded expectations as a result of steadily translating new orders into revenue, compared to the corresponding period of previous fiscal year, in which order backlogs were normalized. Operating profit increased year on year due to the improvement of added value and reduction of overhead costs in the Motion Control segment.

The business performance of the first half of fiscal 2025 is as follows.

Japan:

Demand for China in the electronic components market materialized, and demand for steel plant-related products remained strong as planned.

The Americas:

In addition to the semiconductor and automotive markets, the oil and gas related market, which was affected by the decline in crude oil prices, remained sluggish as investment plans were revised amid continued uncertainty in capital expenditure trends. On the other hand, demand for air conditioning related products, including those for data centers, remained strong.

Europe:

Although potential demand exists in the automobile market due to the economic recovery, capital investment remained sluggish.

China:

Demand for capital investment in the automobile market remained firm, and demand for automation in the general industry also remained steady. In addition, investment for global expansion in the manufacturing industry in general has been increasing, and demand remained firm.

Other Asian Countries:

While semiconductor-related demand was slow to recover, automotive-related demand remained firm in South Korea. In addition, demand for automation in the general industry remained firm in India.

Performance by Business Segment

The business of the Yaskawa Group is divided into four segments.

The performance of each business segment for the first half of fiscal 2025 is as follows.