We are pleased to report our results for the first half of the fiscal year ending March 31, 2026.

During the first half of the fiscal year under review, although some movement has been observed in China and other markets, the overall sense of uncertainty could not be denied. In this situation, the Group steadily promoted its business in each of its locations and, as a result, revenue stood at ¥60,054 million (up 20.6% year on year), operating profit was ¥15,208 million (up 53.4%), and profit attributable to owners of parent was ¥7,145 million (up 48.4%), with both the top and bottom lines reaching historical highs in the first half.

While continuing to work on expanding sales, improving production efficiency and reducing costs, the Group seeks to offer new products that fully meet customer requirements and enhance the services it provides. Through these efforts, it will consistently aim to raise customer satisfaction and work hard to maintain management structures trusted by customers.

The Company decided to pay an interim dividend for the consolidated fiscal year ending March 31, 2026 of 36 yen per share, an increase of 4 yen from the initial forecast. The Company expects to pay the year-end dividend of 36 yen per share, making the annual dividend 72 yen per share.

We respectfully ask for the continued support and encouragement of our shareholders.

November 2025
TSUGAMI CORPORATION