Interim report
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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. October 8, 2026 CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll RRRRReeeeesssssuuuuullllltttttsssss fffffooooorrrrr ttttthhhhheeeee SSSSSiiiiixxxxx MMMMMooooonnnnnttttthhhhhsssss EEEEEnnnnndddddeeeeeddddd AAAAAuuuuuggggguuuuusssssttttt 3333311111,,,,, 22222000002222266666 (((((UUUUUnnnnndddddeeeeerrrrr JJJJJaaaaapppppaaaaannnnneeeeessssseeeee GGGGGAAAAAAAAAAPPPPP))))) Company name: RORZE CORPORATION Listing: Tokyo Stock Exchange Securities code: 6323 URL: https://www.rorze.com Representative: Yoshiyuki Fujishiro Representative Director, President and Chief Executive Officer Inquiries: Eiichi Isemura General Manager of Administration Department Telephone: +81-84-960-0001 Scheduled date to file semi-annual securities report: October 14, 2026 Scheduled date to commence dividend payments: - Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes (Yen amounts are rounded down to millions, unless otherwise noted.) 11111..... CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd fffffiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll rrrrreeeeesssssuuuuullllltttttsssss fffffooooorrrrr ttttthhhhheeeee sssssiiiiixxxxx mmmmmooooonnnnnttttthhhhhsssss eeeeennnnndddddeeeeeddddd AAAAAuuuuuggggguuuuusssssttttt 3333311111,,,,, 22222000002222266666 (((((fffffrrrrrooooommmmm MMMMMaaaaarrrrrccccchhhhh 11111,,,,, 22222000002222266666 tttttooooo AAAAAuuuuuggggguuuuusssssttttt 3333311111,,,,, 22222000002222266666))))) (((((11111))))) CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd ooooopppppeeeeerrrrraaaaatttttiiiiinnnnnggggg rrrrreeeeesssssuuuuullllltttttsssss (((((cccccuuuuummmmmuuuuulllllaaaaatttttiiiiivvvvveeeee))))) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Six months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % August 31, 2026 79,733 21.5 23,096 42.4 24,538 68.4 15,839 45.7 August 31, 2025 65,602 8.9 16,214 (5.4) 14,572 (29.2) 10,872 (31.4) Note: Comprehensive income For the six months ended August 31, 2026: ¥ 19,022 million [ 226.6%] For the six months ended August 31, 2025: ¥ 5,824 million [ (74.8) %] Basic earnings per share Diluted earnings per share Six months ended Yen Yen August 31, 2026 91.33 91.33 August 31, 2025 62.13 62.12 (((((22222))))) CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd fffffiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll pppppooooosssssiiiiitttttiiiiiooooonnnnn Total assets Net assets Equity-to-asset ratio As of Millions of yen Millions of yen % August 31, 2026 218,038 155,987 67.2 February 28, 2026 197,302 139,961 66.0 Reference: Equity As of August 31, 2026: ¥ 146,587 million As of February 28, 2026: ¥ 130,228 million
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22222..... CCCCCaaaaassssshhhhh dddddiiiiivvvvviiiiidddddeeeeennnnndddddsssss Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended - 0.00 - 17.00 17.00February 28, 2026 Fiscal year ending - 0.00February 28, 2027 Fiscal year ending February 28, 2027 (Forecast) - 28.00 28.00 Note: Revisions to the forecast of cash dividends most recently announced: Yes 33333..... CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd fffffiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll rrrrreeeeesssssuuuuulllllttttt fffffooooorrrrreeeeecccccaaaaassssstttttsssss fffffooooorrrrr ttttthhhhheeeee fffffiiiiissssscccccaaaaalllll yyyyyeeeeeaaaaarrrrr eeeeennnnndddddiiiiinnnnnggggg FFFFFeeeeebbbbbrrrrruuuuuaaaaarrrrryyyyy 2222288888,,,,, 22222000002222277777 (((((fffffrrrrrooooommmmm MMMMMaaaaarrrrrccccchhhhh 11111,,,,, 22222000002222266666 tttttooooo FFFFFeeeeebbbbbrrrrruuuuuaaaaarrrrryyyyy 2222288888,,,,, 22222000002222277777))))) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Full year 180,007 39.8 53,078 70.4 54,889 68.3 37,779 98.3 217.84 Note: Revisions to the financial result forecast most recently announced: Yes ***** NNNNNooooottttteeeeesssss (1) Significant changes in the scope of consolidation during the period: None Newly included: - companies( ) Excluded: - companies( ) (2) Adoption of accounting treatment specific to the preparation of semi-annual consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of August 31, 2026 176,400,000 shares As of February 28, 2026 176,400,000 shares (ii) Number of treasury shares at the end of the period As of August 31, 2026 2,968,260 shares As of February 28, 2026 2,968,260 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Six months ended August 31, 2026 173,431,740 shares Six months ended August 31, 2025 174,996,988 shares * Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit firm. * Proper use of earnings forecasts, and other special matters (((((NNNNNooooottttteeeeesssss ooooonnnnn fffffooooorrrrrwwwwwaaaaarrrrrddddd-----lllllooooooooookkkkkiiiiinnnnnggggg ssssstttttaaaaattttteeeeemmmmmeeeeennnnntttttsssss))))) The financial forecast of operating results is based on judgements and estimates that have been made using currently available information. By nature, such financial forecast is subject to uncertainty and risk. Therefore, the final results might be significantly different from the aforementioned forecast due to changes in economic environments related to our business, market trends, exchange rate, etc.
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Semi-annual Consolidated Financial Statements and Primary Notes Semi-annual Consolidated Balance Sheet (Millions of yen) As of February 28, 2026 As of August 31, 2026 Assets Current assets Cash and deposits 74,341 86,378 Notes and accounts receivable - trade 32,413 36,811 Merchandise and finished goods 6,765 4,563 Work in process 12,075 14,248 Raw materials and supplies 26,642 32,541 Other 2,906 3,803 Allowance for doubtful accounts (174) (148) Total current assets 154,970 178,198 Non-current assets Property, plant and equipment Buildings and structures, net 11,889 11,693 Machinery, equipment and vehicles, net 5,439 5,206 Land 5,852 5,799 Other, net 2,714 3,811 Total property, plant and equipment 25,896 26,510 Intangible assets Goodwill 6,332 4,826 Other 2,884 2,786 Total intangible assets 9,216 7,613 Investments and other assets Investment securities 1,731 1,718 Retirement benefit asset 376 374 Deferred tax assets 3,619 2,275 Other 1,551 1,409 Allowance for doubtful accounts (60) (60) Total investments and other assets 7,218 5,716 Total non-current assets 42,332 39,840 Total assets 197,302 218,038
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(Millions of yen) As of February 28, 2026 As of August 31, 2026 Liabilities Current liabilities Notes and accounts payable - trade 7,221 11,494 Short-term borrowings 15,574 17,545 Income taxes payable 5,207 5,247 Provision for bonuses 2,253 2,473 Provision for bonuses for directors (and other officers) 19 9 Provision for product warranties 1,852 1,803 Other 8,199 8,079 Total current liabilities 40,328 46,653 Non-current liabilities Long-term borrowings 8,207 14,009 Provision for retirement benefits for directors (and other officers) 446 468 Retirement benefit liability 91 89 Asset retirement obligations 362 383 Deferred tax liabilities 287 263 Provision for loss on litigation 7,429 - Other 187 183 Total non-current liabilities 17,012 15,398 Total liabilities 57,340 62,051 Net assets Shareholders' equity Share capital 982 982 Capital surplus 4,890 4,890 Retained earnings 115,771 128,662 Treasury shares (5,043) (5,043) Total shareholders' equity 116,600 129,492 Accumulated other comprehensive income Valuation difference on available-for-sale securities 332 229 Foreign currency translation adjustment 13,295 16,866 Total accumulated other comprehensive income 13,627 17,095 Share acquisition rights 2 2 Non-controlling interests 9,730 9,396 Total net assets 139,961 155,987 Total liabilities and net assets 197,302 218,038
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Semi-annual Consolidated Statements of Income and Comprehensive Income Semi-annual Consolidated Statement of Income (Millions of yen) For the six months ended August 31, 2025 For the six months ended August 31, 2026 Net sales 65,602 79,733 Cost of sales 39,332 45,362 Gross profit 26,269 34,371 Selling, general and administrative expenses 10,055 11,274 Operating profit 16,214 23,096 Non-operating income Interest income 374 343 Dividend income 3 0 Foreign exchange gains - 1,589 Electricity sale income 22 7 Derivative income 383 - Other 72 133 Total non-operating income 856 2,075 Non-operating expenses Interest expenses 87 143 Foreign exchange losses 2,368 - Electricity sale expenses 11 3 Derivative expense - 463 Other 31 23 Total non-operating expenses 2,499 633 Ordinary profit 14,572 24,538 Extraordinary income Gain on sale of non-current assets 12 8 Other 0 - Total extraordinary income 13 8 Extraordinary losses Loss on sale of non-current assets 0 - Loss on retirement of non-current assets 3 14 Litigation settlement - 2,158 Total extraordinary losses 3 2,172 Profit before income taxes 14,581 22,374 Income taxes - current 4,960 5,078 Income taxes - deferred (602) 1,380 Total income taxes 4,358 6,458 Profit 10,223 15,915 Profit (loss) attributable to non-controlling interests (648) 75 Profit attributable to owners of parent 10,872 15,839
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Semi-annual Consolidated Statement of Comprehensive Income (Millions of yen) For the six months ended August 31, 2025 For the six months ended August 31, 2026 Profit 10,223 15,915 Other comprehensive income Valuation difference on available-for-sale securities 21 (102) Foreign currency translation adjustment (4,420) 3,209 Total other comprehensive income (4,398) 3,107 Comprehensive income 5,824 19,022 Comprehensive income attributable to Comprehensive income attributable to owners of parent 6,768 19,307 Comprehensive income attributable to non-controlling interests (944) (285)