Notice Concerning Extraordinary losses (Impairment losses), Differences between the consolidated forecasts and the results

May 15, 2026

Company name: Yushin Company

Representative: Takayo Kotani, Representative Director and President (Code: 6482, Standard Market of TSE)

Inquiries: Kota Oda,

Director and Executive Vice President, General Manager of Administration Division Tel: +81-75-933-9555

Yushin Company (“the Company”) recorded Extraordinary losses in FY2026 (from April 1, 2025 to March 31, 2026) as follows. In addition, there are differences between the consolidated earnings forecasts for FY2026 announced on November 14, 2025 and the results announced today, and between the non-consolidated results of FY2026 and those of FY2025 as follows.

1. Extraordinary losses

   Considering changes in the business environment surrounding our consolidated subsidiary, WEMO Automation AB, and following a reassessment of its future recoverability, we have decided to record Impairment loss of 867 million yen.

2. Differences between the consolidated forecasts for the earnings and the results of FY2026

   1. Details

      	Net sales	Operating profit	Ordinary profit	Profit attributable to owners of the parent	Basic earnings per share
      Forecast (A)	Millions of yen	Millions of yen	Millions of yen	Millions of yen	yen
      (November 14, 2025)	23,000	1,500	1,500	1,000	29.38
      Results (B)	23,101	826	908	286	8.51
      Difference (B-A)	101	(673)	(591)	(713)	-
      Percentage (%)	0.4	(44.9)	(39.4)	(71.3)	-
      FY2025 (Reference)	26,126	2,586	2,535	1,692	49.74

   2. Reasons

      In addition to the prolonged economic downturn in Europe, North America continues to face uncertainty regarding future policy directions. Due to these factors, demand for our products in both regions has been below our initial projections. Furthermore, increased personnel expenses due to proactive investment in human resources and increased research and development expenses associated with development investments, both aimed at medium- to long-term growth, affected. As a result of these main factors, Operating profit and Ordinary profit fell short of the forecasts. Also, Profit attributable to owners of parent fell short of the forecasts due to recording Extraordinary losses.

      Yushin Company (6482)

3. Differences between the non-consolidated results of FY2026 and those of FY2025

   1. Details

      	Net sales	Operating profit	Ordinary profit	Profit	Basic earnings per share
      FY2025 (A)	Millions of yen	Millions of yen	Millions of yen	Millions of yen	yen
      	17,000	2,165	2,646	2,070	60.82
      FY2026 (B)	14,882	994	1,474	1,508	44.75
      Difference (B-A)	(2,117)	(1,170)	(1,171)	(561)	-
      Percentage (%)	(12.5)	(54.1)	(44.3)	(27.1)	-

   2. Reasons

Due to the same reason as the differences between consolidated forecasts for the earnings and those of results of FY2026, demand for our products in Europe and North America was below FY2025 and Net sales, Operating profit, Ordinary profit, and Profit fell short of FY2025.

* Disclaimer:

This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. Yushin Company shall accept no responsibility or liability for damages or loss caused by any error, inaccuracy, misunderstanding or misspelling with regard to this translation. This translation may be used only for reference purposes. Yushin Company maintains the right to claim compensation from violators for any damage or loss it may suffer from the violation of these conditions.