Financial

Consolidated Financial Results: Year Ended March 31, 2025

Summary

The consolidated financial results for Koei Tecmo Holdings Co., Ltd. cover the fiscal year ended March 31, 2025 (April 1, 2024 to March 31, 2025) under Japanese GAAP. Net sales declined 1.7 % to ¥83,150 million from ¥84,584 million in the prior year, while operating profit rose 12.7 % to ¥32,119 million and ordinary profit increased 9.3 % to ¥49,988 million. Profit attributable to owners of parent reached ¥37,628 million, a 11.4 % rise, yet comprehensive income fell sharply to ¥30,740 million from ¥48,011 million due to a 36.0 % decline in other comprehensive items. Total assets contracted from ¥245,802 million to ¥209,828 million, driven by a significant reduction in current assets and investment securities. Net assets grew to ¥189,421 million, improving the capital adequacy ratio from 71.1 % to 89.9 %. Cash and cash equivalents increased markedly, ending the year at ¥22,552 million after a net inflow of ¥12,100 million. Operating cash flow decreased to ¥34,369 million from ¥36,603 million, while investing activities shifted from a net outflow of ¥24,859 million to an inflow of ¥40,973 million, largely due to higher proceeds from securities sales. Financing cash flow turned negative, with a net outflow of ¥63,175 million driven by dividend payments of ¥17,027 million and redemption of convertible bonds. The company forecasts a modest decline in net sales for the 2026 fiscal year, projecting ¥92,000 million versus ¥84,584 million in 2025. Operating profit is expected to fall by 3.5 % to ¥31,000 million, while ordinary profit is projected to drop 26.0 % to ¥37,000 million. Dividend policy remains steady at a payout ratio of 50.4 %. The forecast reflects the inclusion of Koei Tecmo Corporate Finance Co., Ltd. in consolidation and no significant changes to accounting policies or estimates.

From the report

N o t e :T h i sd o c u m e n th a sb e e nt r a n s l a t e df r o m t h e J a p a n e s e o r i g i n a lf o rr e f e r e n c e p u r p o s e so n l y .I nt h e e v e n to fa n y d i s c r e p a n c y b e t w e e nt h i st r a n s l a t e d d o c u m e n ta n dt h eJ a p a n e s eo r i g i n a l ,t h eo r i g i n a ls h a l lp r e v a i l . Consolidated Financial Results for the Year Ended March 31, 2025 [Japanese GAAP] April 30, 2025 Company name: KOEI TECMO HOLDINGS CO., LTD. Listing: Tokyo Stock Exchange Securities code: 3635 URL: https://www.koeitecmo.co.jp/ Representative: Yoichi Erikawa President & CEO (Representative Director) Inquiries: Kenjiro Asano Director, Senior Executive Officer & CFO Telephone: +81-45-562-8111 Scheduled date of annual general meeting of shareholders: June 19, 2025 Scheduled date to commence dividend payments: June 20, 2025 Scheduled date to file annual securities report: June 20, 2025 Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes (Yen amounts are rounded down to millions, unless otherwise noted.) 1.

heduled date to commence dividend payments: June 20, 2025 Scheduled date to file annual securities report: June 20, 2025 Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 (April 1, 2024 to March 31, 2025) (1) Consolidated Operating Results (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Fiscal year ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % March 31, 2025 83,150 (1.7) 32,119 12.7 49,988 9.3 37,628 11.4 March 31, 2024 84,584 7.9 28,494 (27.2) 45,741 14.6 33,792 9.2 (Note) Comprehensive income: Fiscal year ended March 31, 2025: ¥ 30,740 million [ (36.0) %] Fiscal year ended March 31, 2024: ¥ 48,011 million [ 131.9%] Basic earnings per Diluted earnings per Rate of return on Ordinary profit to Operating profit to share share equity total assets ratio net sales ratio Fiscal year ended Yen Yen % % % March 31, 2025 119.14 113.65 20.7 21.9 38.6 March 31, 2024 107.06 99.73 21.3 20.0 33.7 (Reference) Equity in earnings (losses) of affiliated companies: Fiscal year ended March 31, 2025: ¥ - million Fiscal year ended March 31, 2024: ¥ - million

ratio net sales ratio Fiscal year ended Yen Yen % % % March 31, 2025 119.14 113.65 20.7 21.9 38.6 March 31, 2024 107.06 99.73 21.3 20.0 33.7 (Reference) Equity in earnings (losses) of affiliated companies: Fiscal year ended March 31, 2025: ¥ - million Fiscal year ended March 31, 2024: ¥ - million (2) Consolidated Financial Position Total assets Net assets Capital adequacy ratio Net assets per share As of Millions of yen Millions of yen % Yen March 31, 2025 209,828 189,421 89.9 596.95 March 31, 2024 245,802 175,552 71.1 553.59 (Reference) Equity: As of March 31, 2025: ¥ 188,547 million As of March 31, 2024: ¥ 174,844 million (3) Consolidated Cash Flows Cash flows from Cash flows from Cash flows from equCash and cash operating activities investing activities financing activities ivalents at the end of period Fiscal year ended Millions of yen Millions of yen Millions of yen Millions of yen March 31, 2025 34,369 40,973 (63,175) 22,552 March 31, 2024 36,603 (24,859) (15,475) 10,452

2. Dividends Annual dividends Total Payout Dividends dividends ratio to net qu 1st 2nd 3rd Year-end Total (consolidated) assets arter-end quarter-end quarter-end (consolidated) Fiscal year ended Yen Yen Yen Yen Yen Millions of yen % % March 31, 2024 - 0.00 - 54.00 54.00 17,055 50.4 10.8 March 31, 2025 - 0.00 - 60.00 60.00 18,951 50.4 10.4 Fiscal year ending March 31, 2026 - 0.00 - 43.00 43.00 50.3 (Forecast) 3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2026 (April 1, 2025 to March 31, 2026) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit t Profit attributable Basic earnings per o owners of parent share Millions of Millions of Millions of Millions of yen % yen % yen % yen % Yen Six months ending 30,000 (14.8) 5,000 (53.1) 8,000 (61.9) 6,000 (62.4) 19.00 September 30, 2025 Full year 92,000 10.6 31,000 (3.5) 37,000 (26.0) 27,000 (28.2) 85.49 * Notes: (1) Significant changes in the scope of consolidation during the period: Yes Newly included: 1 (Company name: KOEI TECMO CORPORATE FINANCE CO.,LTD. ) Excluded: - (Company name: ) (2) 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 (3) Number of issued shares (common shares) 1) Total number of issued shares at the end of the period (including treasury shares): March 31, 2025: 336,096,924 shares March 31, 2024: 336,096,924 shares

olicies due to other reasons: None 3) Changes in accounting estimates: None 4) Restatement: None (3) Number of issued shares (common shares) 1) Total number of issued shares at the end of the period (including treasury shares): March 31, 2025: 336,096,924 shares March 31, 2024: 336,096,924 shares 2) Number of treasury shares at the end of the period: March 31, 2025: 20,245,650 shares March 31, 2024: 20,258,636 shares 3) Average number of shares outstanding during the period: Fiscal Year ended March 31, 2025: 315,837,429 shares Fiscal Year ended March 31, 2024: 315,652,752 shares

(Reference) Overview of Non-consolidated Financial Results 1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2025 (April 1, 2024 to March 31, 2025) (1) Non-consolidated Operating Results (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Net income Fiscal year ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % March 31, 2025 23,985 11.5 20,747 11.4 21,693 8.0 21,005 11.2 March 31, 2024 21,508 4.8 18,617 4.9 20,092 6.0 18,884 3.2 Basic earnings per share Diluted earnings per share Fiscal year ended Yen Yen March 31, 2025 66.51 62.94 March 31, 2024 59.83 54.99 (2) Non-consolidated Financial Position Total assets Net assets Capital adequacy ratio Net assets per share As of Millions of yen Millions of yen % Yen March 31, 2025 111,236 109,639 97.8 344.36 March 31, 2024 153,140 105,081 68.2 330.47 (Reference) Equity: As of March 31, 2025: ¥ 108,766 million As of March 31, 2024: ¥ 104,374 million

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