Financial · November 1, 2025

Consolidated Financial Results for the Six Months Ended September 30, 2025: Japan

Published by Towa

Summary

TOWA CORPORATION’s consolidated financial results for the six months ended September 30, 2025, reflect a period of significant year-on-year decline in both revenue and profitability. The company reported net sales of 23,449 million yen, a 14.4% decrease compared to the same period in the previous fiscal year. Operating profit fell by 52.6% to 2,493 million yen, while profit attributable to owners of the parent dropped 51.7% to 1,849 million yen. These results were primarily driven by a slowdown in orders that began in the second half of the previous fiscal year, stemming from weak demand in consumer and memory semiconductor markets and the impact of international tariff policies. The semiconductor manufacturing equipment business, which represents the company’s primary segment, saw net sales decline by 14.7% to 21,585 million yen, with operating profit falling 53.6%. The laser processing machine business also struggled, reporting an operating loss of 82 million yen. Conversely, the medical device business showed resilience, achieving an 8.4% increase in net sales to 1,224 million yen. Despite the overall downturn, the company noted a gradual recovery in capital investment during the second quarter, particularly in China, Taiwan, and other Asian markets, which helped profits exceed initial internal expectations. As of September 30, 2025, the company maintained a solid financial position with total assets of 91,013 million yen and an equity-to-asset ratio of 70.1%. Given the ongoing market uncertainties and fluctuating customer investment trends, the company has opted to maintain its previously announced full-year earnings forecast for the fiscal year ending March 31, 2026, which projects net sales of 56,000 million yen and an operating profit of 9,800 million yen.

From the report

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. FASF r 7, 202 November 7, 2025 Consolidated Financial Results for the Six Months Ended September 30, 2025 (Under Japanese GAAP) Company name: TOWA CORPORATION Listing: Prime Market of Tokyo Stock Exchange Securities code: 6315 URL: https://www.towajapan.co.jp/en/ Representative: Muneo Miura, Director, President Executive Officer Inquiries: Kazuhiko Nakanishi, Director, Executive Officer, Corporate Planning Div. Manager Telephone: +81 75-692-0251 Scheduled date to file semi-annual securities report: November 10, 2025 Scheduled date to commence dividend payments: ― Preparation of supplementary material on financial results: Y es Holding of financial results briefing: November 10, 2025 (for investors and analysts) (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated financial results for the six months ended September 30, 2025 (from April 1, 2025 to September 30, 2025) (1) Consolidated Operating Results (cumulative) (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 % September 30, 2025 23,449 -14.4 2,493 -52.6 2,394 -54.2 1,849 -51.7 September 30, 2024 27,398 28.8 5,261 120.3 5,229 89.2 3,826 95.3 [Note] Comprehensive income: For the six months ended September 30, 2025: ¥3,912 million [162.6%] For the six months ended September 30, 2024: ¥1,489 million [-62.7%]

eptember 30, 2025 23,449 -14.4 2,493 -52.6 2,394 -54.2 1,849 -51.7 September 30, 2024 27,398 28.8 5,261 120.3 5,229 89.2 3,826 95.3 [Note] Comprehensive income: For the six months ended September 30, 2025: ¥3,912 million [162.6%] For the six months ended September 30, 2024: ¥1,489 million [-62.7%] Basic earnings Diluted earnings per share per share Six months ended Yen Yen September 30, 2025 24.66 ― September 30, 2024 51.02 ― [Note] Our company conducted a stock split at a ratio of three shares for every one common share, effective as of October 1, 2024. The 'Basic earnings per share' has been calculated under the assumption that this stock split was carried out at the beginning of the previous consolidated fiscal year. (2) Consolidated Financial Position Total assets Net assets Equity-to-asset ratio As of Millions of yen Millions of yen % September 30, 2025 91,013 63,832 70.1 March 31, 2025 83,228 61,386 73.8 [Reference] Equity: As of September 30, 2025: ¥63,832 million As of March 31, 2025: ¥61,386 million

2. Cash Dividends 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 ― 20.00 20.00 March 31, 2025 Fiscal year ending ― 0.00 March 31, 2026 Fiscal year ending March 31, 2026 ― 20.00 20.00 (Forecast) [Note] Revisions to the forecast of cash dividends most recently announced: None 3. Forecast of Consolidated Financial Results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026) (Percentages indicate year-on-year changes.) Net Sales Operating profit Ordinary profit Profit attributable to Basic earnings owners of parent per share Millions of Yen % Millions of Yen % Millions of Yen % Millions of Yen % Yen Year-end 56,000 4.7 9,800 10.4 9,800 4.3 6,860 -15.5 91.46 [Note] Revisions to the forecast of consolidated financial results most recently announced: None ※Notes (1) Significant changes in the scope of consolidation during the period: None (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 1) Changes in accounting policies due to revisions to accounting standards and other regulations: None 2) Changes in accounting policies due to other reasons: None 3) Changes in accounting estimates: None 4) Restatement: None (4) Number of issued shares (common shares) 1) Total number of issued shares at the end of the p

ng policies due to revisions to accounting standards and other regulations: None 2) Changes in accounting policies due to other reasons: None 3) Changes in accounting estimates: None 4) Restatement: None (4) Number of issued shares (common shares) 1) Total number of issued shares at the end of the period (including treasury shares) As of September 30, 2025 75,157,367 shares As of March 31, 2025 75,140,556 shares 2) Number of treasury shares at the end of the period As of September 30, 2025 130,743 shares As of March 31, 2025 134,055 shares 3) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Six months ended September 30, 2025 75,013,101 shares Six months ended September 30, 2024 74,999,389 shares [Note] 1. Our company conducted a stock split at a ratio of three shares for every one common share, effective as of October 1, 2024. The 'Number of issued shares (common shares)' has been calculated under the assumption that this stock split was carried out at the beginning of the previous consolidated fiscal year. 2. The number of treasury shares, at the end of the period, includes our company's shares that are held by Custody Bank of Japan, Ltd. (trust account E) as the trust property under the J-ESOP system. Also, our company's shares that are held by Custody Bank of Japan, Ltd. (trust account E) as the trust property under the J- ESOP system, is included in the number of treasury shares deducted from calculation of the average number of shares.

ccount E) as the trust property under the J-ESOP system. Also, our company's shares that are held by Custody Bank of Japan, Ltd. (trust account E) as the trust property under the J- ESOP system, is included in the number of treasury shares deducted from calculation of the average number of shares. * Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit corporation.

* Proper use of earnings forecasts, and other special matters: 1. The above forecasts reflect the Company’s judgments and assumptions based on available information as of the announcement date, and therefore are not guarantees of future performance. Actual results may differ substantially from the forecasts for various reasons. For further details regarding the performance forecast, please refer to the attached document on page 3,【1. Overview of Operating Results (3) Explanation on Forecast Information such as Consolidated Earnings Forecast】 2. The presentation materials and supplementary materials for the financial results are available on the company's website.

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Type: Financial

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