Interim report
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Consolidated Financial Results for the Three Months Ended September 30, 2025 [Japanese GAAP] October 31, 2025 Company name: OLBA HEALTHCARE HOLDINGS, Inc. Stock exchange listing: Tokyo Stock Exchange Code number: 2689 URL: https://www.olba.co.jp/ Representative: Yohei Maeshima, President CEO Contact: Nobuharu Murata, Managing Director and General Manager, Administrative Department Phone: +81-86-236-1115 Scheduled date of commencing dividend payments: - Availability of supplementary briefing material on financial results: Unavailable Schedule of financial results briefing session: Not scheduled (Amounts of less than one million yen are rounded down.) 1. Consolidated Financial Results for the Three Months Ended September 30, 2025 (July 1, 2025 to September 30, 2025) (1) Consolidated Operating Results (% indicates changes from the previous year.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Three months ended Million yen % Million yen % Million yen % Million yen % September 30, 2025 30,824 6.1 258 (7.3) 255 (10.0) 166 (0.8) September 30, 2024 29,044 5.6 279 11.3 284 13.8 168 (0.2) (Note) Comprehensive income: Three months ended September 30, 2025: ¥138 million [(13.7)%] Three months ended September 30, 2024: ¥160 million [11.4%] Basic earnings per share Diluted earnings per share Three months ended Yen Yen September 30, 2025 28.14 – September 30, 2024 28.42 – (2) Consolidated Financial Position Total assets Net assets Equity ratio Million yen Million yen % As of September 30, 2025 46,510 11,905 25.6 As of June 30, 2025 45,871 12,255 26.7 (Reference) Equity: As of September 30, 2025: ¥11,905 million As of June 30, 2025: ¥12,255 million 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.
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2. Dividends Annual dividends 1st quarter-end 2nd quarter-end 3rd quarter-end Year-end Total Yen Yen Yen Yen Yen Fiscal year ended June 30, 2025 – 0.00 – 80.00 80.00 Fiscal year ending June 30, 2026 – Fiscal year ending June 30, 2026 (Forecast) 0.00 – 80.00 80.00 (Note) Revision to the forecast for dividends announced most recently: None 3. Consolidated Financial Results Forecast for the Fiscal Year Ending June 30, 2026 (July 1, 2025 to June 30, 2026) (% indicates changes from the previous corresponding period.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Million yen % Million yen % Million yen % Million yen % Yen First half 63,302 4.4 793 (1.8) 757 (8.1) 475 (26.7) 80.20 Full year 127,978 4.3 2,000 1.0 1,928 (1.7) 1,321 (7.6) 223.04 (Note) Revision to the financial results forecast announced most recently: None Notes: (1) Significant changes in the scope of consolidation during the period under review: None Newly consolidated: None (Company Name) None; Removed from consolidation: None (Company Name) None (2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates and retrospective restatement 1) Changes in accounting policies due to the revision of accounting standards: None 2) Changes in accounting policies other than 1) above: None 3) Changes in accounting estimates: None 4) Retrospective restatement: None (4) Total number of issued shares (common stock) 1) Total number of issued shares at the end of the period (including treasury stock): September 30, 2025: 6,250,000 shares June 30, 2025: 6,250,000 shares 2) Total number of treasury stock at the end of the period: September 30, 2025: 321,972 shares June 30, 2025: 325,372 shares 3) Average number of shares during the period: Three months ended September 30, 2025: 5,926,578 shares Three months ended September 30, 2024: 5,913,911 shares As of September 30, 2025, 251,700 shares of the Company’s stock held by the Board Benefit Trust were included in treasury stock.
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* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None * Explanation of the proper use of financial results forecast and other notes The figures forecasted above are based on information that is available as of the date of publication of this document, and contain a wide range of uncertain factors. Actual results may differ significantly from these figures due to factors such as changes in the business environment.
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1 2. Quarterly Consolidated Financial Statements and Principal Notes (1) Quarterly Consolidated Balance Sheets (Thousand yen) As of June 30, 2025 As of September 30, 2025 Assets Current assets Cash and deposits 3,470,220 2,564,304 Notes and accounts receivable - trade, and contract assets 23,146,435 23,304,760 Electronically recorded monetary claims - operating 3,208,986 3,203,134 Merchandise 6,417,099 7,000,557 Other 680,891 549,647 Total current assets 36,923,634 36,622,404 Non-current assets Property, plant and equipment 5,504,334 6,430,037 Intangible assets Other 625,506 658,870 Total intangible assets 625,506 658,870 Investments and other assets 2,817,736 2,798,855 Total non-current assets 8,947,578 9,887,763 Total assets 45,871,212 46,510,167 Liabilities Current liabilities Notes and accounts payable - trade 18,412,143 19,210,536 Electronically recorded obligations - operating 8,630,861 7,569,974 Short-term borrowings 400,080 2,050,080 Income taxes payable 491,090 69,941 Provision for bonuses for directors (and other officers) – 5,532 Provision for bonuses 43,189 86,457 Other 1,844,381 1,922,860 Total current liabilities 29,821,745 30,915,383 Non-current liabilities Long-term borrowings 1,516,580 1,416,560 Provision for share awards for directors (and other officers) 307,323 318,405 Provision for retirement benefits for directors (and other officers) 2,450 – Retirement benefit liability 523,070 531,954 Long-term accounts payable - other 121,600 122,787 Other 1,322,806 1,299,676 Total non-current liabilities 3,793,829 3,689,384 Total liabilities 33,615,575 34,604,768
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2 (Thousand yen) As of June 30, 2025 As of September 30, 2025 Net assets Shareholders’ equity Share capital 607,750 607,750 Capital surplus 329,415 329,415 Retained earnings 11,382,644 11,055,020 Treasury shares (551,294) (545,632) Total shareholders’ equity 11,768,515 11,446,552 Accumulated other comprehensive income Valuation difference on available-for-sale securities 160,505 147,737 Foreign currency translation adjustment (4,181) (9,006) Remeasurements of defined benefit plans 330,797 320,115 Total accumulated other comprehensive income 487,121 458,846 Non-controlling interests – – Total net assets 12,255,637 11,905,399 Total liabilities and net assets 45,871,212 46,510,167
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3 (2) Quarterly Consolidated Statements of Income and Comprehensive Income Quarterly Consolidated Statements of Income Three Months Ended September 30 (Thousand yen) For the three months ended September 30, 2024 For the three months ended September 30, 2025 Net sales 29,044,306 30,824,228 Cost of sales 25,780,074 27,448,699 Gross profit 3,264,232 3,375,529 Selling, general and administrative expenses 2,985,202 3,116,738 Operating profit 279,030 258,791 Non-operating income Interest income 335 1,073 Insurance claim income 435 365 Foreign exchange gains – 7,280 Gain on investments in investment partnerships 6,394 – Commission income 206 371 Electricity sale income 2,434 2,826 Subsidy income 880 750 Other 3,619 1,604 Total non-operating income 14,306 14,272 Non-operating expenses Interest expenses 7,133 11,512 Electricity sale expenses 1,158 1,122 Other 630 4,446 Total non-operating expenses 8,922 17,081 Ordinary profit 284,413 255,982 Extraordinary losses Loss on retirement of property, plant and equipment 22 1,301 Total extraordinary losses 22 1,301 Profit before income taxes 284,391 254,680 Income taxes - current 60,988 58,349 Income taxes - deferred 55,334 29,576 Total income taxes 116,323 87,926 Profit 168,068 166,754 Profit attributable to non-controlling interests – – Profit attributable to owners of parent 168,068 166,754
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4 Quarterly Consolidated Statements of Comprehensive Income Three Months Ended September 30 (Thousand yen) For the three months ended September 30, 2024 For the three months ended September 30, 2025 Profit 168,068 166,754 Other comprehensive income Valuation difference on available-for-sale securities 3,695 (12,767) Foreign currency translation adjustment (1,984) (4,825) Remeasurements of defined benefit plans, net of tax (9,273) (10,682) Total other comprehensive income (7,562) (28,275) Comprehensive income 160,506 138,478 Comprehensive income attributable to Comprehensive income attributable to owners of parent 160,506 138,478 Comprehensive income attributable to non- controlling interests – –