YASKAWA Electric : Consolidated Results for the Fiscal Year Ended February 28, 2026

Consolidated Results for the Fiscal Year Ended February 28, 2026 [IFRS]

April 10, 2026

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 Fiscal Year Ended February 28, 2026 (from March 1, 2025 to February 28, 2026)

   1. Consolidated Statements of Income

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

      	Revenue		Operating profit		Profit before tax		Profit		Profit attributable to owners of parent		Total comprehensive income
      Year ended February 28, 2026	542,122	0.8%	47,307	-5.7%	49,563	-36.8%	36,582	-36.6%	35,240	-38.2%	71,718	23.8%
      Year ended February 28, 2025	537,682	-6.6%	50,156	-24.3%	78,454	13.6%	57,696	11.8%	56,987	12.4%	57,952	-17.7%

      	Earnings per share (basic, Yen)	Earnings per share (diluted, Yen)	Return on equity attributable to owners of parent (%)	Profit before tax on total assets (%)	Operating profit ratio (%)
      Year ended February 28, 2026	135.88	135.71	7.7	6.4	8.7
      Year ended February 28, 2025	218.62	218.38	13.7	10.9	9.3

      Reference: Equity in earnings of affiliates

      Year ended February 28, 2026: ¥766 million Year ended February 28, 2025: ¥2,792 million

   2. Consolidated Financial Position

      (Millions of yen, except ratio and per share data)

      	Total assets	Total equity	Equity attributable to owners of parent	Ratio of equity attributable to owners of parent to total assets (%)	Equity attributable to owners of parent per share (Yen)
      As of February 28, 2026	812,365	493,615	483,542	59.5	1,864.31
      As of February 28, 2025	743,774	439,610	431,188	58.0	1,662.60

   3. Consolidated Statements of Cash Flows

      (Millions of yen)

      	Net cash provided by operating activities	Net cash used in investing activities	Net cash used in financing activities	Cash and cash equivalents at end of period
      Year ended February 28, 2026	52,170	-44,216	-8,626	61,223
      Year ended February 28, 2025	56,505	-21,287	-15,673	59,028

2. Dividends

   	Dividends per share (yen)					Annual cash dividends paid (Millions of yen)	Dividend payout ratio (%, Consolidated)	Ratio of dividend to equity attributable to owners of parent (%, Consolidated)
   	End of 1Q	End of 2Q	End of 3Q	Year-end	Annual total
   Year ended February 28, 2025	-	34.00	-	34.00	68.00	17,707	31.1	4.3
   Year ended February 28, 2026	-	34.00	-	34.00	68.00	17,637	50.0	3.9
   Year ending February 28, 2027 (Forecast)	-	36.00	-	36.00	72.00		39.7

3. Projected Consolidated Results 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	580,000	7.0	60,000	26.8	65,000	31.1	47,000	33.4	181.21

   As for the financial forecasts for the fiscal 2026 (from March 1, 2026 to February 28, 2027), we plan to increase both revenue and profits from the previous fiscal year considering factors including the current strong order intake driven by robust demand mainly from AI- and semiconductor-related markets.

   Average exchange rates for the period from March 1, 2026 to February 28, 2027 are assumed as follows:

   Average exchange rate for USD	145.0 JPY
   Average exchange rate for EUR	170.0 JPY
   Average exchange rate for CNY	20.5 JPY
   Average exchange rate for KRW	0.105 JPY

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

   *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

* 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.

-The Company will hold a results briefing for securities analysts and institutional investors on April 13th, 2026 (JST).

List of Attachment

1. Business Results 5

   Business Performance of Fiscal 2025 5

2. Management Policy and Key Initiatives 8

   1. Basic Policy of Corporate Management 8

   2. Medium- and Long-Term Corporate Management Strategy 8

   3. Key Initiatives 8

3. The Basic Idea for the Selection of the Accounting Standards 11

4. Consolidated Financial Statements 12

1. Consolidated Balance Sheets 12

2. Consolidated Statements of Income and Comprehensive Income 14

3. Consolidated Statements of Changes in Net Assets 16

4. Consolidated Statements of Cash Flows 17

5. Notes to the Consolidated Financial Statements 18

(Notes pertaining to the presumption of a going concern) 18

(Segment information) 18

(Per-share information) 21

(Subsequent events) 21

1. Business Results

Business Performance of Fiscal 2025 (Fiscal year ended February 28, 2026)

As for the business environment in the fiscal 2025, it remained uncertain overall due to geopolitical risks and

U.S. tariff policies. In this situation, while capital investment was postponed or reviewed in markets such as the automotive market, signs of recovery were observed in markets centered on semiconductors.

In the Motion Control segment, demand remained firm, particularly in the electronic components market, the machine tool market, and products for air conditioning applications. In addition, the semiconductor market also began to recover globally in the latter half of the period, driven by AI-related investments.

In the Robotics segment, capital investment related to the automotive industry in Japan, the Americas, and Europe remained sluggish. On the other hand, demand for the general industry remained firm globally.

In terms of our group's business performance in this environment, revenue exceeded the results of the previous fiscal year, when order backlogs were normalized, as a result of steadily translating new orders into revenue. Operating profit decreased compared to the previous fiscal year, as the increase in added value resulting from higher sales was insufficient to offset the impact of exchange rate fluctuations and higher indirect costs. Profit attributable to owners of parent decreased compared to the previous fiscal year when gain on transfer of shares and gain on revaluation of remaining shares following the transfer of a portion of shares of Yantai Dongxing Magnetic Materials Inc. were recorded.

The business performance of fiscal 2025 is as follows.

Japan:

The electronic components market remained firm throughout the fiscal year, and demand in the semiconductor market also recovered in the latter half of the fiscal year. In addition, demand for automation across general industry, as well as demand related to steel plants and social systems, remained firm. On the other hand, demand for capital investment in the automotive market remained sluggish.

U.S.:

Demand showed an expanding trend, particularly for air-conditioning applications, including those for data centers, as well as for oil and gas–related applications, PV inverters and general industry. On the other hand, demand in the automotive market and the machine tool market remained sluggish.