Interim report
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Makita Corporation Consolidated Financial Results for the nine months ended December 31, 2025 (IFRS Financial Information) (English translation of "KESSAN TANSHIN" originally issued in Japanese)
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CONSOLIDATED FINANCIAL RESULTS FOR THE NINE MONTHS ENDED DECEMBER 31, 2025 (Unaudited) Makita Corporation Stock code: 6586 URL: https://www.makita.biz/ Munetoshi Goto, President, Representative Director December 31, 2025) (1) CONSOLIDATED OPERATING RESULTS Yen (millions) For the nine months ended For the nine months ended December 31, 2024 December 31, 2025 (%) (%) Revenue ……………………………………… … Operating profit ……………………………… … Profit before income taxes …………………… … Profit ………………………………………… … Profit attributable to owners of the parent …… … Comprehensive income ……………………… … Yen Profit attributable to owners of the parent per share ɻ(Basic) ɻ(Diluted) - - Notes: 1. Amounts of less than one million yen have been rounded. 2. (2) SELECTED CONSOLIDATED FINANCIAL POSITION Yen (millions) As of March 31, 2025 As of December 31, 2025 Total assets Total equity Equity attributable to owners of the parent Ratio of equity attributable to owners of the parent to total assets (%) Note: Amounts of less than one million yen have been rounded. 2. ɻDividend Information Yen For the year ending March 31, 2026 (Forecast) Cash dividend per share: Interim Year-end Total Notes: 1. The forecast for cash dividend announced on April 28, 2025 has not been revised. 2. For the year ended March 31, 2025 The projected amount of dividends for the year ending March 31, 2026 has not been determined yet. For further details, refer to “Explanation regarding proper use of business forecasts, and other significant matters” on page 2. The table above shows the changes in the percentage ratio of revenue, operating profit, profit before income taxes, profit, profit attributable to owners of the parent, and comprehensive income against the corresponding period of the previous year. 110.00 (Note) 20.00 20.00 90.00 (Note) 926,005 83.7 1,106,525 1,194,306 84.2 1,012,889932,495 73,101 1.4 129,841 77.6 229.88 216.57 61,843 89.5 57,516 (7.0) 1,005,686 83,742 62,052 91.1 57,569 (7.2) 0.0 (7.4) (6.2) January 29, 2026 1. Summary operating results for the nine months ended December 31, 2025 (From April 1, 2025 to 568,778 76,247 78,535 568,555 3.3 71.4 81.6 82,334 English translation of "KESSAN TANSHIN" originally issued in Japanese 1
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3. Consolidated Financial Performance Forecast for the year ending March 31, 2026 (From April 1, 2025 to March 31, 2026) (%) Revenue …………………………………………………………………… Operating profit …………………………………………………………… Profit before income taxes ……………………………………………… … Profit attributable to owners of the parent ……………………………… … Profit attributable to owners of the parent per share (Basic) …………………………………… … Notes: 1. Changes of the forecasts from the most recent disclosure: Yes 2. 4. ɻOther (1) Significant changes in the scope of consolidation during the quarter: None (2) Changes in accounting policies and accounting estimates: 1. Changes in accounting policies required by IFRS: Yes 2. Changes in accounting policies other than 1: None 3. Changes in accounting estimate: None (3) Number of shares outstanding (common stock) 1. Number of shares issued (including treasury shares): As of December 31, 2025: As of March 31, 2025: 2. Number of treasury shares: As of December 31, 2025: As of March 31, 2025: 3. Average number of shares outstanding: For the nine months ended December 31, 2025: For the nine months ended December 31, 2024: Makita’s earnings releases (KESSAN TANSHIN) are not subject to an audit. Explanation regarding proper use of business forecasts, and other significant matters 1. 2 The financial forecasts and estimates in this Consolidated Financial Results are based on information available at the time of report issuance and certain assumptions judged to be reasonable, and therefore are not guarantees of future performance.As a consequence of the factors above and other, actual results may vary from the forecasts provided above. Regarding the assumptions for the forecasts and other matters, refer to “SUPPLEMENT INFORMATION (CONSOLIDATED)”, “1. Overview of operating results”, “(3) Outlook for the fiscal year ending March 31, 2026” on page 4. Makita's basic policy on the distribution of profits is to maintain the total return ratio(*) at 35% or greater, with a lower limit on annual cash dividends of 20 yen per share. However, in the event special circumstances arise, computation of the amount of dividends will be based on profit attributable to owners of the parent per share after certain adjustments. The Board of Directors plans to meet in April 2026 for a report on earnings for the year ending March 31, 2026. At the time, in accordance with the basic policy regarding profit distribution mentioned above, the Board of Directors plans to propose a dividend equivalent to at least 35% of total return attributable to owners of the parent. The Board of Directors will submit this proposal to the General Meeting of Shareholders scheduled for June 2026. 100,000 274.87 Yen 280,017,520 280,017,520 15,506,595 10,976,752 The table above shows the changes in the percentage ratio of revenue, operating profit, profit before income taxe s and profit attributable to owners of the parent against the previous year. 73,000 (7.8) (8.0) Yen (millions) 265,580,031 269,029,717 760,000 100,000 0.9 (6.6) *Total return ratio = Cash dividend per share + Total amount of purchased treasury shares during the year Average number of shares outstanding Profit attributable to owners of the parent per share (Excluding special factors) ʹ100 English translation of "KESSAN TANSHIN" originally issued in Japanese 2
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SUPPLEMENT INFORMATION (CONSOLIDATED) 1. Overview of operating results (1) Overview of operating results for the nine months ended December 31, 2025 Looking at the international economic situation during the nine-month period ended December 31, 2025, regarding U.S. tariff measures, agreements on tax rates and other terms have been reached in many countries and regions, including Europe and Japan, showing signs of easing trade friction in some part. Meanwhile, negotiations with China are still ongoing, and uncertainty surrounding trade policy has not been fully resolved. Under these circumstances, economic activity in various countries showed varying degrees of recovery by region, with overall progress remaining gradual. Furthermore, geopolitical uncertainty persisted, particularly in Ukraine and the Middle East, continuing to need for caution in business operations. In the Group’s consolidated business results for this period, despite slow-moving performance due to housing and restrained investment in the building and construction market in some countries, consolidated revenue remained flat year on year to 568,778 million yen due to the impact of foreign exchange. In terms of profit, although the cost ratio improved due to the impact of foreign exchange and the reduction of various costs, operating profit decreased by 7.4% year on year to 76,247 million yen (operating profit ratio: 13.4%) due to increased sales personnel and higher advertising and promotional expenses. Profit before income taxes decreased by 6.2% year on year to 78,535 million yen (profit before income taxes ratio: 13.8%) and profit attributable to owners of the parent decreased by 7.0% year on year to 57,516 million yen (ratio of profit attributable to owners of the parent: 10.1%). Revenue results by region were as follows: Revenue by region shows revenue in each market and differs from revenue in Segment Information (based on the source of shipments). In Japan, 40Vmax lithium-ion battery series (XGT) and OPE underpinned sales, despite a challenging demand environment, including construction and building materials prices remaining at high levels and a decline in housing starts. As a result, revenue was 97,795million yen, up 3.2% year on year. In Europe, although the construction and building market remained sluggish due to continued high interest rates, we have made efforts to expand sales of cordless OPE and the yen depreciated against the local currencies. As a result, revenue was 280,864 million yen, up 0.1% year on year. In North America, housing investment was weak due to high interest rates and deterioration of the employment environment. Also, market competition has intensified. As a result, revenue was 57,777 million yen, down 12.7% year on year. In Asia, although demand for tools remained weak overall as the prolonged property recession in China has spread to neighboring countries, we have made efforts to expand sales of high-value-added products for non-residential sectors such as infrastructure and manufacturing industries. As a result, revenue was 36,187 million yen, up 8.2% year on year. In Central and South America, sales continued to be strong in the major countries, and we made efforts to expand sales of XGT series and cordless OPE in various countries. As a result, revenue was 39,216 million, up 1.4% year on year. In Oceania, although sales increased primarily due to expanded sales of cordless products, particularly the XGT series, the yen appreciated against the local currencies. As a result, revenue was 42,151 million yen, up 1.6% year on year. In the Middle East and Africa, construction and building demand remained strong primarily in oil-producing countries. As a result, revenue was 14,789 million yen, up 9.9% year on year. (2) Overview of financial situation as of December 31, 2025 Total assets increased 87,781 million yen from the end of the previous fiscal year to 1,194,306 million yen. This increase was mainly due to the increase in “Cash and cash equivalents” and “Inventories.” Total liabilities increased 7,387 million yen from the end of the previous fiscal year to 181,418 million yen. This increase was mainly due to the increase in “Deferred tax liabilities.” Total equity increased 80,394 million yen from the end of the previous fiscal year to 1,012,889 million yen. This increase was mainly due to the change in exchange differences on translating foreign operations included in “Other components of equity.” English translation of "KESSAN TANSHIN" originally issued in Japanese 3
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(3) Outlook for the fiscal year ending March 31, 2026 Overall, while the demand environment remained challenging during the nine-month period of this fiscal year, we secured sales on par with the previous year through sales promotion activities and other measures. Furthermore, foreign exchange rates are expected to move in a direction favorable to increased revenue and profit compared to our previously announced assumptions. Therefore, we are revising our full-year consolidated earnings forecast. Revised forecast for consolidated performance of the fiscal year ending March 31, 2026 (From April 1, 2025, to March 31, 2026) The assumed exchange rates applied in the forecast calculation are as follows; [Preconditions] The forecast is based on the assumption of exchange rates of 155 yen to the U.S. dollar, 180 yen to the euro and 22.0 yen to the renminbi for the remaining three months period ending March 31, 2026. The forecast is based on the assumption of exchange rates of 150 yen to the U.S. dollar, 174 yen to the euro and 21.1 yen to the renminbi for the year ending March 31, 2026. [Reference] The exchange rates for previously announced forecasts that we announced on October 31, 2025 were 143 yen to the U.S. dollar, 167 yen to the euro and 20.2 yen to the renminbi for the year ending March 31, 2026. (Note) The above forecast is based on information as available at the present time and includes potential risks and uncertainties. As a consequence of the factors above and other, actual results may vary significantly from the forecast provided above. Yen (millions) Yen Revenue Operating profit Profit before income taxes Profit attributable to owners of the parent Profit attributable to owners of the parent per share (Basic) Forecast announced previously (A) ......... 730,000 95,000 95,000 68,500 257.41 Revised forecast (B) ............................... 760,000 100,000 100,000 73,000 274.87 Changes (B-A) ......................................... 30,000 5,000 5,000 4,500 - Percentage change ................................... 4.1% 5.3% 5.3% 6.6% - Actual results for the previous year ended March 31, 2025 ............................. 753,130 107,038 108,477 79,338 294.90 English translation of "KESSAN TANSHIN" originally issued in Japanese 4
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2. ɻConsolidated Financial Statements (Unaudited) (1) Consolidated Statement of Financial Position Yen (millions) As of March 31, 2025 As of December 31, 2025 ASSETS CURRENT ASSETS: Cash and cash equivalents……………………… … Trade and other receivables……………………… Inventories……………………………………… … Other financial assets…………………………… … Other current assets……………………………… … Total current assets…………………………… … NON-CURRENT ASSETS: Property, plant and equipment, at cost…………… Goodwill and intangible assets…………………… Other financial assets…………………………… … Retirement benefit assets………………………… … Deferred tax assets……………………………… … Other non-current assets………………………… … Total non-current assets……………………… … Total assets…………………………………………… … 18,123 2,191 266,609 278,248 350,088 1,106,525 43,381 18,071 21,937 2,423 373,875 1,194,306 9,8159,574 35,881 17,710 756,437 23,719 820,431 338,116 39,660 386,644 28,724 19,552 253,279 285,113 105,831 96,231 English translation of "KESSAN TANSHIN" originally issued in Japanese 5
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Yen (millions) As of March 31, 2025 As of December 31, 2025 LIABILITIES AND EQUITY LIABILITIES CURRENT LIABILITIES: Trade and other payables………………………… Borrowings……………………………………… … Other financial liabilities………………………… Income taxes payable…………………………… … Provisions………………………………………… Other current liabilities………………………… … Total current liabilities………………………… … NON-CURRENT LIABILITIES: Retirement benefit liabilities…………………… … Other financial liabilities………………………… Provisions………………………………………… Deferred tax liabilities…………………………… Income taxes payable…………………………… Other non-current liabilities…………………… … Total non-current liabilities…………………… … Total liabilities………………………………………… … EQUITY Share Capital…………………………………… … Capital Surplus………………………………… … Retained earnings……………………………… … Treasury shares………………………………… … Other components of equity……………………… Total equity attributable to owners of the parent……… … NON-CONTROLLING INTEREST…………………… Total equity…………………………………………… … Total liabilities and equity……………………………… 1,106,525 7,202 1,012,889 1,194,306 (21,470) 145,101 926,005 6,490 932,495 174,030 23,805 46,014 732,556 1,793 14,341 25 35,032 1,804 18,491 619 40,315 104 - 3,185 15,584 3,588 15,812 13,003 6,216 48,259 138,998 12,428 5,924 52,719 141,103 6,739 6,481 (41,441) 215,890 1,005,686 54,628 10,152 60,233 3,317 181,418 23,805 46,040 761,393 English translation of "KESSAN TANSHIN" originally issued in Japanese 6
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(2) Consolidated Statements of Profit or Loss and Consolidated Statements of Comprehensive Income Consolidated Statements of Profit or Loss Yen (millions) For the nine months For the nine months ended December 31, ended December 31, 2024 2025 REVENUE……………………………………………… … Cost of sales……………………………………………… … GROSS PROFIT………………………………………… … Selling, general, administrative and others, net………… … OPERATING PROFIT…………………………………… … Financial income………………………………………… … Financial expenses……………………………………… … PROFIT BEFORE INCOME TAXES…………………… … Income tax expenses……………………………………… PROFIT…………………………………………………… Profit attributable to: Owners of the parent……………………………………… Non-controlling interests………………………………… … Profit attributable to owners of the parent per share (Basic)(yen)……………… … Consolidated Statements of Comprehensive Income Yen (millions) For the nine months For the nine months ended December 31, ended December 31, 2024 2025 PROFIT……………………………..……………………… … OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX Items that will not be reclassified to profit (loss) through other comprehensive income (loss)…………… Total of items that will not be reclassified to profit (loss)… … Items that may be reclassified to profit or loss Exchange differences on translating foreign operations… … Total of items that may be reclassified to profit (loss)…… … Total other comprehensive income (loss), net of tax……… … COMPREHENSIVE INCOME…………………………… … Comprehensive income attributable to: Owners of the parent……………………………………… Non-controlling interests………………………………… … (3,932) 83,742 5,340 Equity financial goods measured at fair value 62,052 57,569 (21,690) 62,052 61,843 209 57,516 53 229.88 216.57 430 6,310 430 6,310 10,618 65,962 10,618 65,962 11,048 72,272 73,101 129,841 73,181 129,129 (80) 712 568,555 (365,390) 203,166 (120,831) 82,334 568,778 (361,589) 207,189 (130,942) 76,247 5,661 (3,374) 78,535 (20,965) 57,569 English translation of "KESSAN TANSHIN" originally issued in Japanese 7
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(3) Consolidated Statement of Changes in Equity Yen (millions) For the nine months ended December 31, 2024 Equity attributable to owners of the parent Profit for the period Other comprehensive income Comprehensive income Dividends paid Additional purchase of shares of subsidiaries Purchase of treasury shares Share-based payment transaction Transfer from other components of equity to retained earnings Total amounts of transactions with owners Yen (millions) For the nine months ended December 31, 2025 Equity attributable to owners of the parent Profit for the period Other comprehensive income Comprehensive income Dividends paid Purchase of treasury shares Disposal of treasury shares Share-based payment transaction Transfer from other components of equity to retained earnings Others Total amounts of transactions with owners 1 48 (48) -- 61 37 23 61 57 824 (824) - - 26 31 57 23,805 46,040 761,393 (41,441) 215,890 1,005,686 7,202 0 (20,002) 1 659 6,490 Non- Controlling interest 1 1,012,889 - 27 (28,679) (19,971) (824) (49,447) - (49,447) (29,504) 00 0 (20,002) (29,504) (29,504) (20,002) 72,272 - - 57,516 - 71,613 129,129 712 129,841 71,613 71,613 932,495 57,516 57,516 53 57,569 23,805 46,014 732,556 (21,470) 145,101 926,005 Total equityShare capital Capital Surplus Retained earnings Treasury shares Other components of equity Total - (17,563) 23,805 46,048 713,226 (21,480) 162,176 923,774 6,970 930,744 - 441 (17,977) 21 (48) (17,563) 11,338 73,181 (80) 73,101 (3) (18,025) (18,025) (18,025) (3) (3) 404 404 404 Total Non- Controlling interest Total equity 23,805 45,607 669,359 (21,501) 150,886 868,156 Share capital Capital Surplus Retained earnings Treasury shares Other components of equity 7,050 875,206 Balance at April 1, 2024 Balance at December 31, 2024 Balance at April 1, 2025 Balance at December 31, 2025 (289) 11,048 209 62,052 61,843 61,843 11,338 11,338 - - 61,843 - English translation of "KESSAN TANSHIN" originally issued in Japanese 8
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(4) Consolidated Statements of Cash Flows Yen (millions) For the nine months For the nine months CASH FLOWS FROM OPERATING ACTIVITIES: Profit………………………………………………………………… … Depreciation and amortization………………………………………… Income tax expenses………………………………………………… … Financial income and expenses……………………………………… … Loss (gain) on sales and retirement of property, plant and equipment… Decrease (increase) in trade and other receivables…………………… … Decrease (increase) in inventories…………………………………… … Increase (decrease) in trade and other payables……………………… … Increase (decrease) in retirement benefit assets and liabilities……… … Decrease (increase) in guarantee deposits…………………………… … Other………………………………………………………………… … Subtotal…………………………………………………………… Dividends received…………………………………………………… … Interest received……………………………………………………… … Interest paid…………………………………………………………… Income taxes paid…………………………………………………… … Cash flows from operating activities…………………………… … CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of non-current assets……………………………………… … Proceeds from sales of non-current assets…………………………… … Purchase of investments……………………………………………… … Proceeds from sales and redemption of investments………………… … Payments into time deposits………………………………………… … Proceeds from withdrawal of time deposits………………………… … Other………………………………………………………………… … Cash flows from investing activities……………………………… CASH FLOWS FROM FINANCING ACTIVITIES: Net increase (decrease) in short-term borrowings…………………… … Purchase and sales of treasury shares, net…………………………… … Cash dividends paid…………………………………………………… Repayment of lease liabilities………………………………………… … Other………………………………………………………………… … Cash flows from financing activities…………………………… … NET CHANGE IN CASH AND CASH EQUIVALENTS…………… CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD… … CASH AND CASH EQUIVALENTS, END OF PERIOD………… … EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS……………………………………………… 1,936 18,519 (15,327) (16,142) 878 881 (600) (410) 22 2,017 (30,251) (69,728) 262,233 285,113 (80) (363) (1,401) - (9,918) (5,062) 124,297 96,242 775 910 4,705 4,763 (1,027) ended December 31, 21,690 20,965 (1,408) (2,287) ended December 31, 4,682 2024 62,052 57,569 22,340 22,408 1,013 (161) 64 23,105 18,071 3,396 (16,135) 2025 (879) (17,937) (25,642) 110,813 75,395 28,463 82,352 116 (100) (16,699) (1,129) (8,790) (7,595) (3) (20,002) (18,025) (29,504) (3,651) (3,862) 61 2 196,645 253,279 (30,462) (60,950) 65,588 31,835 English translation of "KESSAN TANSHIN" originally issued in Japanese 9
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(5) Notes to Consolidated Financial Statements Notes on the assumptions for a going concern: None Changes in accounting policy: The Group has applied the following standards and interpretations from the current fiscal year as follows: Segment Information Yen (millions) For the nine months ended December 31, 2024 Revenue: External customers .......... Inter-segment .... 䚷Total ......... Operating profit .......... Yen (millions) For the nine months ended December 31, 2025 Revenue: External customers .......... Inter-segment .... 䚷Total ......... Operating profit .......... 483,579 84,976 - 568,555 112,552 283,711 59,946 26,355 482,564 86,213 - 568,778 108,745 282,728 68,288 23,818 Elimi- nations Consoli- datedJapan Europe North America Asia Total Other (444,080) - 323,635 296,311 71,259 236,201 927,406 85,229 (444,080) 568,555 214,890 13,583 2,971 212,383 443,827 253 4,982 82,334 Japan Europe North America Asia Total Other Elimi- nations Consoli- dated 21,024 27,191 661 22,645 71,521 5,831 (488,731) - (488,731) 568,778 244,279 17,402 5,978 220,790 488,449 The application of the standard, etc. has no material impact on the condensed interim consolidated financial statements. 4,625 (11,877) 76,247 356,832 301,113 65,924 247,145 971,014 86,495 32,004 28,078 116 23,301 83,499 282 IFRS Title Overview IAS 21 The Effects of Changes in Foreign Exchange Rates A guidance on which exchange rate to use if exchangeability between two currencies was lucking English translation of "KESSAN TANSHIN" originally issued in Japanese 10
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3. ɻSUPPORT DOCUMENTATION (CONSOLIDATED) (1) Consolidated Financial Results and Forecast Yen (millions) For the nine months For the nine months ended December 31, ended December 31, 2024 2025 (%) (%) REVENUE………………………………………………… … Domestic……………………………………………… … Overseas………………………………………………… Operating profit…………………………………………… … Profit before income taxes………………………………… … Profit attributable to owners of the parent………………… … Profit attributable to owners of the parent per share (Yen)… … Number of Employees……………………………………… … Yen (millions) (%) (%) REVENUE………………………………………………… … Domestic……………………………………………… … Overseas………………………………………………… Operating profit…………………………………………… … Profit before income taxes………………………………… … Profit attributable to owners of the parent………………… … Profit attributable to owners of the parent per share (Yen)… … Number of Employees……………………………………… … Notes: 1. Please refer to 1. Overview of operating results Section 3 “Outlook for the fiscal year ending March 31, 2026” on page 4. 2. 568,555 3.3 568,778 0.0 94,751 3.3 97,795 3.2 473,804 3.2 470,983 (0.6) 82,334 71.4 76,247 (7.4) 83,742 81.6 78,535 (6.2) 61,843 89.5 57,516 (7.0) 229.88 216.57 17,588 17,638 0.9 For the year ended March 31, 2025 For the year ending March 31, 2026 (Forecast) 753,130 1.6 760,000 127,168 3.2 131,000 3.0 625,962 1.3 629,000 0.5 107,038 61.8 100,000 (6.6) 108,477 69.5 100,000 (7.8) 79,338 81.6 73,000 (8.0) 294.90 274.87 17,641 - The table above shows the changes in the percentage ratio of revenue, operating profit, profit before income taxes, and profit attributable to owners of the parent compared to the corresponding period of the previous year. English translation of "KESSAN TANSHIN" originally issued in Japanese 11
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(2) Consolidated Revenue by Geographic Area Yen (millions) (%) (%) (%) Japan ………………………………… Europe ……………………………… … North America ……………………… … Asia ………………………………… … Central and South America ………… … Oceania ……………………………… The Middle East and Africa ………… Total ………………………………… Notes: 1. 2. (3) Exchange Rates Yen USD/JPY …………………… … EUR/JPY …………………… … RMB/JPY …………………… … (4) Production Ratio (unit basis) Composition ratio Composition ratio Composition ratio Domestic ………………………………… … Overseas ………………………………… … (5) Consolidated Capital Expenditures, Depreciation and Amortization, and R&D costs Yen (millions) Capital expenditures ………… … Depreciation and amortization … R&D costs …………………… … For the nine months For the nine months 39,216 42,151 14,789 25,000 25,000 16,500 15,327 18,838 11,232 16,142 18,748 12,286 17,594 24,934 15,115 150 174 21.1 152.64 164.89 21.16 148.71 171.83 20.77 152.62 163.88 21.11 7.4 (9.6) (2.9) 3.3 3.2 0.1 8.2 1.4 1.6 9.9 0.0 55,802 18,726 753,130 2024 2025 The table above sets forth Makita's consolidated revenue by geographic area based on the customer’s location for the periods presented. Accordingly, it differs from “Segment Information” on page 10. 66,145 33,441 38,681 41,483 3.2 4.3 (10.4) (2.4) 2.0 (1.0) 18.3 1.6568,555 94,751 280,594 13,460 (12.7) 3.3 ended December 31, ended December 31, For the year ended March 31, 2025 For the nine months ended December 31 2024 For the nine For the year 4.2 0.3 17.3 The table shows the changes in the percentage ratio of revenue compared to the corresponding period of the previous year. 97,795 280,864 57,777 36,187 568,778 127,168 371,798 83,919 45,031 50,687 For the year ending (Forecast) ended March 31, 2025 months ended December 31 2025 March 31, 2026 For the year ending (Forecast) March 31, 2026 For the nine months ended December 31, 2024 For the year ended March 31, 2025 For the nine months ended December 31, 2025 7.4% 92.6%92.8% 7.2% 7.5% 92.5% For the nine months ended December 31, 2024 For the nine months ended December 31, 2025 For the year ended March 31, 2025 English translation of "KESSAN TANSHIN" originally issued in Japanese 12