Consolidated Results for the First Half of the Fiscal Year Ending February 28, 2027

October 9, 2026

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

Representative: Hiroshi Ogasawara, Representative Director, Chairman of the Board and 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 28, 2027 (From March 1, 2026 to August 31, 2026)

   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, 2026	285,598	9.8%	22,058	-5.5%	25,963	3.0%	19,329	2.7%
      Six months ended August 31, 2025	260,195	-0.5%	23,334	1.8%	25,204	3.2%	18,827	4.4%

      	Profit attributable to owners of parent		Comprehensive income		Earnings per share (basic, Yen)	Earnings per share (diluted, Yen)
      Six months ended August 31, 2026	18,988	4.1%	30,086	19.5%	73.21	73.11
      Six months ended August 31, 2025	18,247	2.2%	25,170	133.8%	70.36	70.28

   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, 2026	842,833	514,590	504,101	59.8%
      As of February 28, 2026	812,365	493,615	483,542	59.5%

2. Dividends

   	Dividends per share (yen)
   	End of 1Q	End of 2Q	End of 3Q	Year-end	Annual total
   Year ended February 28, 2026	-	34.00	-	34.00	68.00
   Year ending February 28, 2027	-	36.00
   Year ending February 28, 2027 (Forecasts)			-	36.00	72.00

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

3. Consolidated Financial Forecasts for the Fiscal Year Ending February 28, 2027 (From March 1, 2026 to February 28, 2027)

   (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, 2027	600,000	10.7%	57,500	21.5%	65,500	32.2%	47,500	34.8%	183.11

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

   The forecast for the fiscal year ending February 2027 (March 1, 2026 - February 28, 2027) is shown above. The Company has revised its full-year consolidated earnings forecast for the fiscal year ending February 28, 2027, which was originally announced on April 10, 2026. The revision reflects the positive impact of a weaker yen on revenue, while also incorporating the effects of the new ERP system implementation on production and shipments during the first half of the fiscal year.

   The average exchange rates for the period from September 1, 2026 to February 28, 2027 are revised from 1USD

   = 145.0 JPY, 1EUR = 170.0 JPY, 1CNY = 20.50 JPY, 1KRW = 0.105 JPY, announced on April 10, 2026 to 1USD = 155.0 JPY, 1EUR = 180.0 JPY, 1CNY = 22.00 JPY, 1KRW = 0.107 JPY.

   There is 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 April 10, 2026)	580,000	60,000	65,000	47,000	181.21
   Revised forecast (B)	600,000	57,500	65,500	47,500	183.11
   Change (B-A)	20,000	-2,500	500	500	1.90
   Change (%)	3.4	-4.2	0.8	1.1	1.0
   Results of the previous fiscal year (Year ended February 28, 2026)	542,122	47,307	49,563	35,240	135.88

   *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 2027	266,690,497	Fiscal year ended February 2026	266,690,497
      The number of treasury shares at end of period	First half of fiscal year ending February 2027	7,251,147	Fiscal year ended February 2026	7,322,538
      Average during the period	First half of fiscal year ending February 2027	259,378,899	First half of fiscal year ended February 2026	259,354,270

      • 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, 2027 (From March 1, 2026 to February 28, 2027)" on page 2 for the assumptions for the financial forecasts.

        • The Company will hold a financial results briefing in Japanese for securities analysts and institutional investors on October 13, 2026 (JST).

4. Qualitative Information on the First Half Results

Business Performance

In the first half of the fiscal year under review, although geopolitical risks, including the situation in the Middle East, continued, capital investment demand remained strong, particularly in data center- and semiconductor-related markets driven by AI-related investments. In addition, demand for automation in the general industry remained steady.

In terms of our group's business performance in this environment, despite the impact resulting from the new ERP system implemented to strengthen our management foundation, revenue increased year on year, as demand expanded mainly in the data center- and semiconductor-related markets and sales grew, particularly in the Motion Control segment. On the other hand, operating profit decreased year on year due to the impact of the new ERP system implementation on production and shipments, increased indirect expenses, and the temporary expenses related to business structural reforms in Europe.

The business performance of the first half of fiscal 2026 is as follows.

Japan:

Capital investment demand remained strong, particularly in the semiconductor and electronic components-related markets, and demand for automation also recovered in the general industry. In addition, a recovery trend was observed in the automotive market, where capital investment had remained sluggish.

The Americas:

Strong demand related to data centers and semiconductors continued, and capital investment in the automotive market and general industry also remained steady. Demand remained at a high level, also supported by an increase in oil and gas-related large-scale projects.

Europe:

Although capital investment in the automotive market remained sluggish, semiconductor-related demand expanded. In addition, demand across the manufacturing industry remained steady, and a recovery trend was observed in demand for automation.

China:

Demand remained strong, supported by expanding investment related to semiconductors, while demand for automation in the general industry also remained steady. Although the demand in the automotive market declined compared to the first half of the previous fiscal year, when large-scale projects contributed, capital investment demand remained steady.

Other Asian Countries:

Semiconductor-related demand, particularly in South Korea and Taiwan, remained at a high level, while demand for automation in the general industry also remained steady.