Yuasa Co. Ltd.TSE: 8074

Integrated Report 2025 (YUASA INTEGRATED REPORT)

· Issued by Yuasa Co. Ltd.

YUASA INTEGRATED REPORT

2025



‌YUASA INTEGRATED REPORT 2025

Introduction

Creating Connections

Strengthening and Increasing Connections

Supporting Connections

Outcomes of

1


Connections

Corporate Philosophy and Our History

The history of YUASA TRADING ("the Company") dates back to 1GGG, during the era of Ietsuna Tokugawa, the fourth shōgun of the Tokugawa dynasty.

The Company started out as a charcoal merchant. In its fifth year, the Company switched its business line to wholesaling cutting tools. It was the first innovation that the Company made, and it set the stage for starting the business of handling machines, tools, and equipment, a business that has lasted for 350 years and counting. Since then, the Company has

continued to take on the challenge of fostering innovation as a pioneer in the industry. Photograph: The Edo branch of the charcoal business, located in Toriabura-cho in Edo's Nihonbashi district (today's

Nihonbashiodenma-cho, Chuo-ku, Tokyo, and where the Company's head office was formerly located).

Honesty and Trust Enterprise and Innovation Regard for the Individual

YUASA TRADING has contributed to the further development of YUASA TRADING properly assesses the scope of its business flexibly In addition to respecting employee individuality and rights, YUASA prosperous, humanitarian societies by valuing mutually beneficial, and in response to social needs, with the aim of forming a group TRADING pursues an entrepreneurial spirit and revolutionary ideas symbiotic relationships in all countries and regions of the world, of advanced, innovation-oriented companies. With its lean and and focuses on shaping the workplace environment based on an with a focus on maintaining harmony with the global environment. rational structure, the Company also seeks to provide a high level of organization and rules founded on concepts of mutual trust and YUASA TRADING has striven to establish itself as a trusted and well- customer satisfaction by introducing outstanding technologies and a collaborative mindset. Employees clarify their own goals and recognized company by conducting fair and sound activities with products and developing systems and services through its highly responsibilities, pursue outcomes, and divide management roles by an integrity based on our awareness and understanding of racial, specialized divisions and Group companies. exercising creativity in business activities. The Company distributes religious, cultural, behavioral and regulatory diversity throughout the results and responds to employee contributions based on the

the world. results of activities.

Corporate Philosophy

Early years

(starting from the Company's founding in 1444)

Building the foundations that would underpin the Company right down to the present day

  • Establishment as a charcoal trading business in Kyoto

  • Transition to become a cutlery wholesaler five years

    after the business was founded

  • Establishment of a branch in Edo (Tokyo)

  • Renaming of the business as "Sumiya" ("Charcoal Merchant")

    1600 onwards

    Business diversification and strengthening of

    the foundations in line with Japan's modernization

  • Becoming the first company in Japan to realize domestic

    production of Western-style hardware

  • Expansion overseas

  • Establishment of Yuasa Shichizaemon Shoten, the

    originator of YUASA TRADING (1919)

  • Listing on Tokyo Stock Exchange and Osaka Exchange

  • Transforming the Company to be a Machinery and Housing systems trading company

  • Holding of the first Grand Fair event

  • Merger of YUASA Trading Co., Ltd. and YUASA Sangyo Co., Ltd. to form YUASA TRADING CO., LTD. (1992)

    2000 onwards

    Taking on the challenge of generating economic value while also providing value for society

    • Taking on the challenge of providing business solutions to social issues

    • Formulation of a Declaration on Sustainability

    • Becoming a "TSUNAGU" Service Integrated Shosha Group

    • Celebrating the Company's 3G0th anniversary (202G)



YUASA INTEGRATED REPORT 2025

Introduction

Creating Connections

Strengthening and Increasing Connections

Supporting Connections

Outcomes of

2


Connections

YUASA TRADING's Strengths

A business portfolio that makes full use of our total coordination skills

Share of Total Sales Held by Each Segment

¥20.7 billion

Others

Industrial Equipment & Tools Business Unit

One of the largest networks of business partners in the industry

YUASA TRADING Group Network

(as of March 31, 2025)

Domestic

Overseas

A corporate culture which fosters innovation



YUASA TRADING Group's original products and services generated by "TSUNAGU" innovation

40

Energy Business

Unit

¥18.4

Construction

Net sales*

(FY2024)

¥77.7

billion

Business Unit

152 sites

Group companies overseas

32 locations in Japan)

31 sites

in 11 countries

Approximately

solutions

billion

Machines Business Unit

¥34.8

billion

Building Supplies & Exterior Business Unit

¥57.3 billion

¥528.387 billion

* After revenue recognition

Machine Tools

¥107.4

billion

Housing, Air & Fluidic Control Systems Business Unit

¥206.4

billion

(Non-consolidated,

Group companies in Japan

24 companies 18 companies

No. of New Business Proposal System proposals

FY2022

FY2023

FY2024

57 40 44



Strong financial foundations and proactive investment in growth areas

Current Status of YUASA TRADING Group

547.473

(FY2024 Results)

Net sales

¥ billion

Note: Net sales after revenue recognition

totaled 528.387 billion

Ordinary

profit

¥14.010 billion



Investment strategy for the "Growing Together 202G" Medium-term Management Plan

Spare investment capacity

Cumulative operating cash fiow, 2024-2024

Returning value to

Total payout ratio

Investment in growth strategies (including

ROE

6.7% 36.4%

shareholders

P. 6

33

At least %

core businesses)

50

At least %

P. 25

YUASA INTEGRATED REPORT 2025

Introduction

Creating Connections

Strengthening and Increasing Connections

Supporting Connections

Outcomes of

3


Connections

Establishing "TSUNAGU" Linkage Between Business Partners

Developing links between construction materials suppliers and exterior materials manufacturers to create spaces that people can relax and stroll in

Building Walkable Cities

Japan's Ministry of Land, Infrastructure, Transport and Tourism has been promoting the concept of "Creating cities that are comfortable and walkable," and we have been participating in projects aimed at realizing this goal.

By integrating our network of construction materials suppliers and exterior materials manufacturers, we have been able to offer product proposals for a wide range of items, including benches, arbors, and nursing rooms.

Through the creation of visually attractive spaces for people to spend time in that have real appeal, we are contributing toward next-generation urban development.



YUASA INTEGRATED REPORT 2025

Introduction

Creating Connections

Strengthening and Increasing Connections

Supporting Connections

Outcomes of 4

Connections

Connections with Employees

Corporate Culture Keywords: Total Coordination Skills, Challenging Spirit, and Communication

Tatsuro Ujita

Sales Representative Chubu Building Equipment Department

Anna Chikaraishi

Sales Administration Construction Machines Division

Ayumi Yamane

Sales Administration

Kanto Machine Tools Department

Inspired by the Thailand Grand Fair:

A new challenge that crosses borders

I usually communicate with customers by phone or other means from my office. By participating in the Thailand Grand Fair, which was a company-wide initiative, I experienced first-hand how so many people come together to hold such an exhibition. Visitors from many different countries came each day, and we received many comments as well as requests to hold the event next year. This and many other experiences left a strong impression on me. I'm happy we were able to exceed our target number of attendees. These many valuable experiences gave me a strong desire to continue studying languages and deepening my interest in our products so I can participate in future opportunities like this one.

Solution proposals grow the Indian market

Inspired by the Thailand Grand Fair,

I have renewed my hopes for a future on the international stage

By participating in the Thailand Grand Fair, I was struck by the fact that most attendees enthusiastically visited each exhibitor's booth. As I conducted onsite interviews, I realized how market characteristics

in Thailand are entirely different from those in Japan. I felt strongly that we must understand local needs and lay a groundwork to enter markets early, with the right timing. This experience strengthened my desire to leverage the knowledge I've gained through domestic sales, and contribute from the front lines to our company's global expansion, which is a key company-wide initiative.

Through new product development that connects with total coordination skills, the mobile-style hotel "COMPAC"

was born

I participated in a planning meeting for the first time during the launch of the mobile-style hotel "COMPAC."

I was absolutely delighted that ideas I proposed from a woman's perspective with regard to interior design and amenities found a place in the final

product. Moreover, I was very pleased when the name "COMPAC," which I came up with by associating words exchanged during the meeting, was officially adopted. A number of different divisions and group companies collaborated, each leveraging their strengths to create a "TSUNAGU" innovation, and I truly felt this was product development only Yuasa Trading could achieve. Moving forward, I want to be more actively involved in product development and in solving challenges.

Mr. Singh brought in major orders within just six months of joining YTI. Going forward, we hope he will strive to coordinate national

I have been involved in machinery sales for the Indian market since joining the Company, from analyzing customer needs to proposing the right equipment and providing after-sales service. I place great importance on visiting the front line and building trust through ongoing dialogue. Within six months

of joining, I secured multiple large orders that significantly improved production line efficiency. Being

recognized as a trusted advisor by our clients and contributing to problem-solving in collaboration with

staff and support order acquisition, eventually growing into an executive leadership role at YTI.

Taku Ogasawara

our in-house technical team has been deeply rewarding. Building on these successes, I am committed to continue delivering innovative solutions only YUASA TRADING can offer, and contributing to the growth of our customers and the Company.

Barjinder Singh

General Manager

YUASA TRADING INDIA PVT. LTD. (YTI)

Sales Representative, YTI