Interim report
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Translation Note: This document has been translated from the Japanese origin al for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Summary of Consolidated Financial Results for the Six Months Ended August 31, 2026 (Based on Japanese GAAP) October 14, 2026 Company name: PR TIMES Corporation Stock exchange listing: Tokyo / Nagoya Stock code: 3922 URL https://prtimes.co.jp/ Representative: President and CEO TAKUMI YAMAGUCHI Inquiries: Director AKIHIRO MISHIMA TEL 03-5770-7888 Scheduled date to file Semi-annual Securities Report: October 14, 2026 Scheduled date to commence dividend payments: – Preparation of supplementary material on financial results: Yes Holding of financial results meeting: Yes (for institutional investors and analysts) (Amounts less than one million yen are rounded down) 1. Consolidated financial results for the six months ended August 31, 2026 (from March 1, 2026 to August 31, 2026) (1) Consolidated operating results (cumulative) Percentages indicate year-on-year changes Net sales EBITDA* Opera ting profit Ordinary profit Profit attributable to owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % Six months ended August 31, 2026 5,049 8.0 1,974 (3.4) 1,751 (7.4) 1,777 (5.7) 1,125 (11.6) Six months ended August 31, 2025 4,674 20.1 2,043 92.0 1,892 97.4 1,885 97.4 1,272 100.4 Note: Comprehensive income For the six mont hs ended August 31, 2026: ¥1,126 million [(11.4)%] For the six months ended August 31, 2025: ¥1,270 million [98.8%] *EBITDA = operating profit + depreciation + amortization of goodwill + share-based payment expenses Earnings per share Diluted earnings per share Yen Yen Six months ended August 31, 2026 83.14 82.04 Six months ended August 31, 2025 94.35 93.45 (2) Consolidated financial position Total assets Net assets Equ ity ratio Net assets per share Millions of yen Millions of yen % Yen As of August 31, 2026 12,085 10,134 82.6 735.49 As of February 28, 2026 11,584 9,275 78.9 676.46 Reference: Equity As of August 31, 2026 ¥9,977 million As of February 28, 2026 ¥9,137 million 2. Cash dividends Annual dividends per share 1st quarter-end 2nd quarter-end 3rd qua rter-end Fiscal year-end Total Yen Yen Yen Yen Yen Year ended February 28, 2026 – 0.00 – 13.80 13.80 Year ending February 28, 2027 – 0.00 Year ending February 28, 2027 (Forecast) – 74.30 74.30 Notes: 1. Revisions to the forecast of cash dividends most recently announced: Yes 2. Regarding the revisions to the forecast of cash dividends, please refer to the “Notice of Change in the Dividend Policy, Developing the Capital Allocation Policy, and Revision to the Forecast of Cash Dividends (Dividend Increase)” announced on October 14, 2026.
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3. Forecast of consolidated financial results for the year ending February 28, 2027 (from March 1, 2026 to February 28, 2027) Percentages indicate year-on-year changes Net sales EBITDA Operatin g profit Ordinary profit Profit attributable to owners of parent Earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Full year 10,319 8.1 3,685 (7.3) 3,250 ( 10.3) 3,290 (8.9) 2,100 (12.4) 154.98 Notes: 1. Revisions to the forecast most recently announced: Yes 2. Regarding the revisions to the forecast, please refer to the “Notice of Revision to the Full-Year Forecast” announced on October 14, 2026. 4. 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: Yes Note: For more details, please refer to the section of “(4) Notes to semi-annual consolidated financial statements, Notes on accounting treatment specific to the preparation of semi-annual consolidated financial statements” of “2. Semi-annual consolidated financial statements and significant notes thereto” on page 7 of the attached material. (3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: None Changes in accounting policies due to other reasons: None Changes in accounting estimates: None Restatement of prior period financial statements: None (4) Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) As of August 31, 2026 13,591,146 shares As of February 28, 2026 13,533,303 shares Number of treasury shares at the end of the period As of August 31, 2026 25,330 shares As of February 28, 2026 25,168 shares Average number of shares during the period Six months ended August 31, 2026 13,532,186 shares Six months ended August 31, 2025 13,484,440 shares * Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit corporation. * Proper use of financial results forecasts, and other special matters (Caution regarding forward-looking statements) Forward-looking statements, including the consolidated forecasts stated in these materials, are based on information currently available to the Company and certain assumptions deemed reasonable. As such, they do not constitute guarantees by the Company of future performance. Results may differ materially from the consolidated forecasts due to various factors. Please refer to the section of “(3) Explanation of forward-looking information, including consolidated results forecasts” of “1. Overview of operating results, etc.” on page 3 of the attached material for the preconditions for the results forecasts and items to exercise caution in the use of these results forecasts. (How to obtain supplementary material on financial results and financial summary presentation material) On Wednesday, October 14, 2026, the Company plans to post the supplementary material on the financial results on its website. The Company also plans to hold a financial summary presentation meeting for institutional investors and securities analysts on the same day.
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PR TIMES Corporation (3922) - 1 - Attached Material Index 1. Overview of operating results, etc. ........................................................................................................... 2 (1) Overview of operating results for the period under review ................................................................ 2 (2) Overview of financial position for the period under review ............................................................... 2 (3) Explanation of forward-looking information, including consolidated results forecasts ..................... 3 2. Semi-annual consolidated financial statements and significant notes thereto .......................................... 4 (1) Semi-annual consolidated balance sheet ............................................................................................ 4 (2) Semi-annual consolidated statement of income and comprehensive income ..................................... 5 Semi-annual consolidated statement of income ................................................................................. 5 Semi-annual consolidated statement of comprehensive income ........................................................ 5 (3) Semi-annual consolidated statement of cash flows ............................................................................ 6 (4) Notes to semi-annual consolidated financial statements .................................................................... 7 Notes on accounting treatment specific to the preparation of semi-annual consolidated financial statements ........................................................................................................................................... 7 Notes on segment information .................................................................................................. ......... 7 Notes on significant changes in the amount of shareholders’ equity .................................................. 8 Notes on premise of going concern .................................................................................................... 8 Notes on significant events after the reporting period ........................................................................ 8
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PR TIMES Corporation (3922) - 2 - 1. Overview of operating results, etc. (1) Overview of operating resu lts for the period under review In the six months ended August 31, 2026, the PR TIMES Corporation Group (the “Group”) continued aiming to increase recognition and acquire new customer segments, mainly working to strengthen the core structure for the press release distribution service “PR TIMES,” which is a key business, in order to realize our mission of “Towards an age where information inspires hearts and minds.” The number of companies using “PR TIMES” has reached 133,784 companies (up 14.4% year on year), and 66.7% of listed companies in Japan were using “PR TIMES.” The number of press releases reached a monthly record high of 46,939 in July 2026, bringing the total cumulative number to over 3 million. In addition, there were 11,140 distribution recipients, 30,365 media users and 268 partner media, and the number of monthly site views for press releases was 78.76 million page views in March 2026. As stated in the “Notice of Decision to Terminate General Availability and Discontinue Business of Task and Project Management Tool ‘Jooto’” announced on August 6, 2026, we have decided to terminate general availability of our task and project management tool “Jooto” and discontinue the Jooto business on July 31, 2027. Until the termination of the service, we will maintain the quality and security of the service for existing customers, and will proceed with necessary actions including data export and migration, and settlement of contracts and fees. Please note that the “Hyojun-no-hako” business management tool for Toyota Motor Corporation is not subject to discontinuation and will continue to be provided as before. For our customer support tool “Tayori,” as a result of our efforts to expand usage and improve service, the number of paying users rose 7.3% year on year to 1,624 and the average unit price per account rose 10.4% year on year to ¥10,927. As a result, for the six months ended August 31, 2026, the Group posted net sales of ¥5,049,609 thousand (up 8.0% year on year), EBITDA of ¥1,974,086 thousand (down 3.4% year on year), operating profit of ¥1,751,475 thousand (down 7.4% year on year), ordinary profit of ¥1,777,144 thousand (down 5.7% year on year) and profit attributable to owners of parent of ¥1,125,086 thousand (down 11.6% year on year). The ratio of our “Press Release Distribution Business” as part of the Group’s reportable segments is extremely high, and as the information for this business is nearly the same as that for our entire business listed above, we have omitted segment-specific listings. (2) Overview of fina ncial position for the period under review (i) Assets, liabilities, and net assets Assets Total assets at the end of the period under review were ¥12,085,214 thousand, an increase of ¥500,306 thousand from the end of the previous fiscal year. Current assets at the end of the period under review were ¥10,088,494 thousand, an increase of ¥479,674 thousand from the end of the previous fiscal year. This was primarily due to an increase of ¥466,036 thousand in cash and deposits. Non-current assets at the end of the period under review were ¥1,996,719 thousand, an increase of ¥20,631 thousand from the end of the previous fiscal year. This was due to an increase of ¥119,296 thousand in property, plant and equipment, despite a decrease of ¥62,077 thousand in intangible assets and a decrease of ¥36,588 thousand in investments and other assets. Liabilities Total liabilities at the end of the period under review were ¥1,950,388 thousand, a decrease of ¥358,553 thousand from the end of the previous fiscal year.
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PR TIMES Corporation (3922) - 3 - Current liabilities at the end of the period under review were ¥1,949,910 thousand, a decrease of ¥358,203 thousand from the end of the previous fiscal year. This was primarily due to a decrease of ¥381,678 thousand in income taxes payable. Non-current liabilities at the end of the period under review were ¥477 thousand, a decrease of ¥349 thousand from the end of the previous fiscal year. Net assets Total net assets at the end of the period under review were ¥10,134,826 thousand, an increase of ¥858,859 thousand from the end of the previous fiscal year. This was primarily due to the recording of ¥1,125,086 thousand in profit attributable to owners of parent, despite dividends of surplus of ¥186,412 thousand. (ii) Cash flows Cash and cash equivalents (hereinafter “cash”) as of August 31, 2026 were ¥8,774,186 thousand, an increase of ¥466,036 thousand from the end of the previous fiscal year. The respective cash flow positions and the factors thereof in the six months ended August 31, 2026, are as follows. Cash flows from operating activities Net cash provided by operating activities totaled ¥812,821 thousand (compared with ¥1,650,089 thousand provided in the same period of the previous fiscal year). This was primarily due to profit before income taxes totaling ¥1,675,573 thousand and income taxes paid totaling ¥920,073 thousand. Cash flows from investing activities Net cash used in investing activities totaled ¥11,531 thousand (compared with ¥96,145 thousand used in the same period of the previous fiscal year). This was primarily due to purchase of property, plant and equipment of ¥4,032 thousand, payments of leasehold and guarantee deposits of ¥2,706 thousand and payments for investments in capital of ¥5,100 thousand. Cash flows from financing activities Net cash used in financing activities totaled ¥335,253 thousand (compared with ¥142,588 thousand used in the same period of the previous fiscal year). This was primarily due to dividends paid of ¥186,303 thousand and purchase of shares of subsidiaries not resulting in change in scope of consolidation of ¥173,520 thousand. (3) Explanation of forward-looking informatio n, including consolidated results forecasts As a result of the decision to discontinue the task and project management tool “Jooto” business in August 2026, together with the weaker sales of other services and the consolidated subsidiary NA VICUS Co., Ltd. compared to the initial plan, we are now forecasting that net sales for the full year will fall short of the previous forecast. On the other hand, in terms of profit, due to the reduction in costs associated with the discontinuation of the “Jooto” business, and after reviewing of expenses across the Group, we are leaving EBITDA and operating profit unchanged from the previous forecast. Based on the revision to the full-year net sales forecast, etc. following consideration of these factors, we are revising our full-year forecast. For details, please refer to the “Notice of Revision to the Full-Year Forecast” announced on October 14, 2026.
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PR TIMES Corporation (3922) - 4 - 2. Semi-annual consolidated financial stat ements and significant notes thereto (1) Semi-annual consol idated balance sheet (Thousands of yen) As of February 28, 2026 As of August 31, 2026 Assets Current assets Cash and deposits 8,308,150 8,774,186 Accounts receivable - trade, and contract assets 975,627 943,630 Other 373,139 408,971 Allowance for doubtful accounts (48,096) (38,293) Total current assets 9,608,820 10,088,494 Non-current assets Property, plant and equipment 188,105 307,401 Intangible assets Goodwill 64,517 49,033 Other 257,460 210,867 Total intangible assets 321,977 259,900 Investments and other assets 1,466,004 1,429,416 Total non-current assets 1,976,087 1,996,719 Total assets 11,584,908 12,085,214 Liabilities Current liabilities Notes and accounts payable - trade 85,259 89,683 Income taxes payable 964,631 582,953 Contract liabilities 351,548 459,118 Provision for bonuses 64,269 70,135 Provision for shareholder benefit program 53,930 – Other 788,474 748,019 Total current liabilities 2,308,113 1,949,910 Non-current liabilities Other 827 477 Total non-current liabilities 827 477 Total liabilities 2,308,941 1,950,388 Net assets Shareholders’ equity Share capital 471,561 508,504 Capital surplus 446,561 309,984 Retained earnings 8,269,459 9,208,133 Treasury shares (51,961) (52,097) Total shareholders’ equity 9,135,620 9,974,525 Accumulated other comprehensive income Valuation difference on available-for-sale securities 2,056 2,969 Total accumulated other comprehensive income 2,056 2,969 Share acquisition rights 137,628 156,646 Non-controlling interests 662 685 Total net assets 9,275,966 10,134,826 Total liabilities and net assets 11,584,908 12,085,214
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PR TIMES Corporation (3922) - 5 - (2) Semi-annual consolidated statement of income and comprehensive income Semi-annual consolidated statement of income (Thousands of yen) Six months ended August 31, 2025 Six months ended August 31, 2026 Net sales 4,674,389 5,049,609 Cost of sales 738,653 717,311 Gross profit 3,935,736 4,332,298 Selling, general and administrative expenses 2,043,531 2,580,822 Operating profit 1,892,205 1,751,475 Non-operating income Interest income 2,817 10,792 Surrender value of insurance policies 3,806 – Recoveries of written off receivables 1,350 815 Other 231 23,402 Total non-operating income 8,205 35,009 Non-operating expenses Interest expenses 416 510 Loss on investments in capital 6,416 2,578 Commission expenses 4,530 3,122 Information security expenses 1,707 – Other 1,893 3,127 Total non-operating expenses 14,964 9,339 Ordinary profit 1,885,445 1,777,144 Extraordinary losses Loss on valuation of investment securities 27,463 – Head office relocation expenses – 101,570 Total extraordinary losses 27,463 101,570 Profit before income taxes 1,857,982 1,675,573 Income taxes 585,709 550,464 Profit 1,272,273 1,125,109 Profit (loss) attributable to non-controlling interests (48) 22 Profit attributable to owners of parent 1,272,321 1,125,086 Semi-annual consolidated statement of comprehensive income (Thousands of yen) Six months ended August 31, 2025 Six months ended August 31, 2026 Profit 1,272,273 1,125,109 Other comprehensive income Valuation difference on available-for-sale securities (1,472) 913 Total other comprehensive income (1,472) 913 Comprehensive income 1,270,800 1,126,022 Comprehensive income attributable to Comprehensive income attributable to owners of parent 1,270,848 1,126,000 Comprehensive income attributable to non-controlling interests (48) 22
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PR TIMES Corporation (3922) - 6 - (3) Semi-annual consolidated statement of cash flows (Thousands of yen) Six months ended August 31, 2025 Six months ended August 31, 2026 Cash flows from operating activities Profit before income taxes 1,857,982 1,675,573 Depreciation 76,291 166,281 Amortization of goodwill 15,484 15,484 Head office relocation expenses – 101,570 Loss (gain) on valuation of investment securities 27,463 – Loss (gain) on investments in capital 6,416 2,578 Increase (decrease) in allowance for doubtful accounts 2,342 (9,803) Increase (decrease) in provision for bonuses 5,418 5,866 Increase (decrease) in provision for shareholder benefit program (40,320) (53,930) Interest and dividend income (2,817) (10,792) Interest expenses 416 510 Decrease (increase) in accounts receivable - trade, and contract assets (176,159) 31,996 Increase (decrease) in trade payables 13,788 4,423 Increase (decrease) in accounts payable - other (167,098) (170,576) Increase (decrease) in contract liabilities 132,935 107,569 Other, net 201,962 (121,354) Subtotal 1,954,108 1,745,398 Interest and dividends received 1,490 7,384 Interest paid (416) (510) Payments for head office relocation expenses – (19,377) Income taxes paid (305,093) (920,073) Net cash provided by (used in) operating activities 1,650,089 812,821 Cash flows from investing activities Purchase of property, plant and equipment (12,179) (4,032) Purchase of intangible assets (4,455) – Purchase of investment securities (70,006) – Payments of leasehold and guarantee deposits – (2,706) Payments for investments in capital (12,550) (5,100) Other, net 3,046 306 Net cash provided by (used in) investing activities (96,145) (11,531) Cash flows from financing activities Dividends paid (138,654) (186,303) Purchase of shares of subsidiaries not resulting in change in scope of consolidation – (173,520) Repayments of lease liabilities (319) (334) Purchase of treasury shares (83) (136) Proceeds from issuance of share acquisition rights – 4,189 Proceeds from issuance of shares resulting from exercise of share acquisition rights – 23,972 Other, net (3,530) (3,122) Net cash provided by (used in) financing activities (142,588) (335,253) Net increase (decrease) in cash and cash equivalents 1,411,355 466,036 Cash and cash equivalents at beginning of period 5,605,260 8,308,150 Cash and cash equivalents at end of period 7,016,616 8,774,186
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PR TIMES Corporation (3922) - 7 - (4) Notes to semi-a nnual consolidated financial statements Notes on accounting treatment specific to the preparation of semi-annual consolidated financial statements Tax expense calculation Tax expenses are calculated by multiplying the profit before income taxes by the reasonably estimated effective tax rates after the application of tax effect accounting to the profit before income taxes for the fiscal year including the period under review. Notes on segment information I Six months ended August 31, 2025 Information related to amounts for net sales and profit, or losses, as well as earnings analysis information by reportable segment (Thousands of yen) Reportable segment Other (Note) 1. Total Amount of adjustments Semi-annual consolidated statement of income amount (Note) 2. Press Release Distribution Business Net sales “PR TIMES” and services related to “PR TIMES” 3,932,055 – 3,932,055 – 3,932,055 SaaS services for businesses 273,900 – 273,900 – 273,900 Other – 468,433 468,433 – 468,433 Revenue arising from contracts with customers 4,205,956 468,433 4,674,389 – 4,674,389 Net sales to external customers 4,205,956 468,433 4,674,389 – 4,674,389 Internal sales or transfer volume among segments 1,269 127,009 128,278 (128,278) – Total 4,207,225 595,442 4, 802,668 (128,278) 4,674,389 Segment profit 1,775,400 116,804 1,892,205 – 1,892,205 Notes: 1. The “Other” category includes our system development business and social media marketing support business, which are business segments not included in our reportable segments. 2. Segment profit matches operating profit in th e semi-annual consolidated statement of income.
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PR TIMES Corporation (3922) - 8 - II Six months ended August 31, 2026 Information related to amounts for net sales and profit, or losses, as well as earnings analysis information by reportable segment (Thousands of yen) Reportable segment Other (Note) 1. Total Amount of adjustments Semi-annual consolidated statement of income amount (Note) 2. Press Release Distribution Business Net sales “PR TIMES” and services related to “PR TIMES” 4,318,163 – 4,318,163 – 4,318,163 SaaS services for businesses 269,865 – 269,865 – 269,865 Other – 461,579 461,579 – 461,579 Revenue arising from contracts with customers 4,588,029 461,579 5,049,609 – 5,049,609 Net sales to external customers 4,588,029 461,579 5,049,609 – 5,049,609 Internal sales or transfer volume among segments 1,239 144,498 145,737 (145,737) – Total 4,589,269 606,077 5,195,347 (145,737) 5,049,609 Segment profit 1,706,488 44,986 1,751,475 – 1,751,475 Notes: 1. The “Other” category includes our system development business and social media marketing support business, which are business segments not included in our reportable segments. 2. Segment profit matches operating profit in th e semi-annual consolidated statement of income. Notes on significant changes in the amount of shareholders’ equity Not applicable. Notes on premise of going concern Not applicable. Notes on significant events after the reporting period Not applicable.