Interim report
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Resonac Holdings Corporation Consolidated Financial Statements for the first half year ( January 1 to June 30 , 2026 ) ( Under IFRS ) I. Consolidated Financial Results ( 1 ) Results of operations : Accounting Financial A Standards F Foundation FASF MEMBERSHIP August 6 , 2026 ( All amounts are rounded to the nearest million yen . ) ( Percentages indicate year - on - year changes ) Revenue Core operating profit Operating profit Profit Profit attributable to owners of the parent Comprehensive Income Six months ended % % % % % % June 30 , 2026 June 30 , 2025 676,852 5.4 642,054 ( 4.1 ) 88,753 156.5 73,310 124.8 34,598 4.3 32,611 ( 34.4 ) 49,040 146.2 19,920 ( 56.0 ) 48,451 146.5 64,830 19,654 ( 56.6 ) ( 6,055 ) Six months ended June 30 , 2026 June 30 , 2025 Basic earnings per share Yen Diluted earnings per share Yen 267.15 240.25 108.71 108.71 Reference : Important changes in accounting policies : not applicable Profit before tax : Six months ended June 30 , 2026 ¥ 72,754 million ( 139.2 % ) Six months ended June 30 , 2025 ¥ 30,415 million ( ( 44.3 ) % ) * Core operating profit is calculated as operating profit excluding certain gains and expenses attributable to non- recurring factors . ( 2 ) Financial position : Total assets Total equity Equity attributable to owners of the parent Ratio of equity attributable to owners of parent to total assets As of % June 30 , 2026 2,215,999 805,023 788,109 35.6 December 31 , 2025 2,106,723 727,613 698,852 33.2 ( 3 ) Dividends : Fiscal year ended December 31 , 2025 December 31 , 2026 December 31 , 2026 ( Forecast ) First quarter - end Yen Second quarter - end Annual dividends per share Third quarter - end Yen 0.00 0.00 - 1 - Fiscal year - end Total Yen Yen Yen 65.00 65.00 65.00 65.00
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Revenue Core operating profit Operating profit Profit Profit attributable to owners of the parent Basic earnings per share % % % % % Yen Fiscal year 1,165,000 11.3 196,000 87.7 160,000 278.5 114,000 267.2 112,500 287.5 606.32 The Company plans to implement a partial spin-off (the “Spin-off”) of Crasus Chemical Inc. (“Crasus Chemical”), its wholly owned subsidiary which operates the petrochemicals business, in October 2026. The dividends shown above do not include the dividend in kind of common stock of Crasus Chemical to be distributed in connection with the Spin-off. Ⅱ. Forecast of performance for the year ending December 31, 2026 (Percentages indicate year-on-year changes) Reference: Profit before tax Fiscal year ¥ 158,000 million (298.2%) As announced on July 6, 2026, the Company plans to submit a proposal regarding the implementation of the Spin- off for resolution at a meeting of the Board of Directors scheduled to be held in late August 2026. The consolidated earnings forecast for the fiscal year ending December 31, 2026 assumes that the Spin-off will be implemented and, accordingly, treats the Crasus Chemical segment as a discontinued operation from the beginning of the fiscal year. Accordingly, revenue, core operating profit, operating profit and profit before tax in the consolidated earnings forecast for the fiscal year ending December 31, 2026 are presented for continuing operations only, excluding a discontinued operation, while profit and profit attributable to owners of the parent include both continuing and discontinued operations. The consolidated earnings forecast does not include any gains or losses related to the deconsolidation of Crasus Chemical. In addition, year-on-year changes have been calculated based on the fiscal year ending December 31, 2025 figures retrospectively reclassifed to reflect the classification of the Crasus Chemical segment as a discontinued operation. * The above forecast is based on the information available at this point of time. Actual results may differ materially due to a variety of reasons, including such economic factors as fluctuations in foreign currency exchange rates as well as market supply and demand conditions. - 2 -
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(Unit: millions of yen) 1H 2025 1H 2026 Increase/ decrease Increase/ decrease rate Revenue 642,054 676,852 34,798 5.4% Core operating profit 34,598 88,753 54,155 156.5% Operating profit 32,611 73,310 40,699 124.8% Profit attributable to owners of the parent 19,654 48,451 28,797 146.5% [Business Results and Financial Conditions] 1. Analysis of business results (1) Summary During the six-month period ended June 30, 2026 ("1H 2026"), the global economy recovered moderately overall, although concerns remained regarding the impact of the situation in the Middle East. The semiconductor industry experienced steady growth, particularly in advanced applications such as AI. The Japanese economy also showed signs of recovery in personal consumption and corporate capital investment, and recovered moderately overall. Revenue for 1H 2026 increased from the same period last year ("1H 2025") to ¥676,852 million. While revenue declined in the Mobility and Crasus Chemical segments, the Semiconductor and Electronic Materials segment continued to perform strongly, driven mainly by advanced semiconductor applications, and both the Innovation Enabling Materials and Chemicals segments recorded revenue growth. Core operating profit increased in all segments compared with 1H 2025 and amounted to ¥88,753 million. Operating profit increased from 1H 2025 to ¥73,310 million, as the increase in core operating profit more than offset the rise in losses attributable to non- recurring factors, including those associated with the revision of the retirement benefit plan. As a result of the increase in operating profit and other factors, profit attributable to owners of the parent amounted to ¥48,451 million. Core operating profit: calculated as operating profit excluding certain gains and costs attributable to non-recurring factors. Non-recurring items include Other income, Other expenses and impairment losses (included in Cost of sales and Selling, general and administrative expenses) - 3 -
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(Unit: millions of yen) 1H 2025 1H 2026 Increase/ decrease Increase/ decrease rate Revenue 230,680 298,962 68,282 29.6％ Core operating profit 42,486 81,485 38,999 91.8％ (Unit: millions of yen) 1H 2025 1H 2026 Increase/ decrease Increase/ decrease rate Revenue 89,659 84,621 (5,038) (5.6)％ Core operating profit 1,308 4,282 2,974 227.4％ (Unit: millions of yen) 1H 2025 1H 2026 Increase/ decrease Increase/ decrease rate Revenue 44,922 49,999 5,077 11.3％ Core operating profit 4,946 6,304 1,358 27.5％ (2) A breakdown of revenue and core operating profit by segment (January 1 - June 30, 2026) [Semiconductor and Electronic Materials] In this segment, revenue from Front-end Semiconductor Materials increased due to continued recovery in memory market conditions. Revenue from Back-end Semiconductor Materials increased, mainly reflecting higher sales volumes for advanced semiconductors used in applications such as AI. In Device Solutions, demand for data centers in HD media remained firm, and revenue increased as sales of SiC epitaxial wafers grew, partly due to higher demand from certain customers. As a result, this segment achieved increases in both revenue and core operating profit compared with 1H 2025. [Mobility] In this segment, revenue decreased compared with 1H 2025, due to the impact of the transfer of the automotive molded parts business in 2026 2Q. However, core operating profit increased, mainly reflecting increased demand from certain customers. [Innovation Enabling Materials] While there were differences in performance among products, the segment as a whole performed solidly, leading to higher revenue and core operating profit compared with 1H 2025. - 4 -
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(Unit: millions of yen) 1H 2025 1H 2026 Increase/ decrease Increase/ decrease rate Revenue 78,428 91,789 13,361 17.0％ Core operating profit (8,151) (612) 7,539 － (Unit: millions of yen) 1H 2025 1H 2026 Increase/ decrease Increase/ decrease rate Revenue 149,884 130,057 (19,827) (13.2)％ Core operating profit (806) 3,838 4,644 － [Chemicals segment] In this segment, the Basic Chemicals business recorded increases in both revenue and core operating profit, driven by price revisions implemented in response to rising costs for certain products. The Graphite business recorded increased revenue due to a recovery in sales volumes of graphite electrodes, while the core operating loss narrowed as a result of both higher revenue and the realization of structural reform effects. As a result, this segment achieved an increase in revenue and a reduction in core operating loss compared with 1H 2025. [Crasus Chemical segment] In this segment, revenue decreased compared with 1H 2025 due to the impact of the large-scale periodic shutdown maintenance conducted once every four years. However, core operating profit increased, mainly reflecting a positive inventory valuation differences resulting from higher naphtha prices. - 5 -
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(Unit: millions of yen) Dec. 31, 2025 Jun. 30, 2026 Increase/ decrease Total Assets 2,106,723 2,215,999 109,276 Total Liabilities 1,379,110 1,410,976 31,866 Total Equity 727,613 805,023 77,410 (Unit: millions of yen) 1H 2025 1H 2026 Increase/ decrease Cash flows from operating activities 34,630 84,403 49,773 Cash flows from investing activities (47,886) (56,993) (9,107) Free cash flows (13,256) 27,410 40,666 Cash flows from financing activities (64,359) 9,477 73,836 Cash and cash equivalents at end of period 207,970 327,067 119,097 2. Financial conditions for the January 1 - June 30, 2026 period (as compared with the conditions at December 31, 2025) As of the end of 1H 2026, total assets increased from the end of the previous fiscal year 2025 ("2025"), mainly due to increases in cash and cash equivalents and inventories. Total liabilities increased from the end of 2025, mainly due to an increase in trade payables, despite a decrease in interest-bearing liabilities. Total equity increased from the end of 2025, mainly reflecting an increase in retained earnings, increases in share capital and capital surplus resulting from the conversion of convertible bonds with share acquisition rights, and the disposal of treasury shares. 3. Situation of cash flows Cash flows from operating activities during 1H 2026 increased from 1H 2025 mainly due to an increase in profit. Cash flows from investing activities during 1H 2026 decreased from 1H 2025 mainly due to the absence of proceeds from the sale of subsidiaries and businesses recorded in 1H 2025, despite a decrease in expenditures for the acquisition of property, plant and equipment. As a result, free cash flow increased from 1H 2025. Cash flows from financing activities during 1H 2026 increased from 1H 2025 mainly due to an increase in short-term borrowings and the absence of bond redemptions recorded in 1H 2025. As a result, cash and cash equivalents at the end of 1H 2026 increased from the end of 2025, including the impact of foreign exchange fluctuations. * Cash and cash equivalents at beginning of 2026: 261,971 million yen - 6 -
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Revenue Core operating profit Operating profit Profit before tax Profit Profit attributable to owners of the parent Previous forecast (a) announced on Feb. 13, 2026 1,310,000 140,000 105,000 103,000 79,000 77,000 Revised Forecast (b) announced on Aug. 6, 2026 1,165,000 196,000 160,000 158,000 114,000 112,500 (b)-(a) (145,000) 56,000 55,000 55,000 35,000 35,500 Percentage of changes (11.1％) 40.0％ 52.4％ 53.4％ 44.3％ 46.1％ 4. Performance forecast Resonac announced today (August 6) the revision of its consolidated earnings forecasts. For the assumptions underlying the forecasts and other details, please refer to “Resonac Revises Consolidated Earnings Forecast for FY2026” announced on August 6. (million yen) - 7 -
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Consolidated Statement of Financial Position (Unit: millions of yen) Dec. 31, Jun. 30, 2025 2026 ¥ ¥ Assets Current assets Cash and cash equivalents 261,971 327,067 Trade receivables 280,230 301,061 Inventories 206,058 245,793 Income taxes receivable 3,504 2,439 Other financial assets 32,051 37,335 Other current assets 33,749 35,437 Subtotal 817,563 949,132 Assets held for sale 35,416 － Total current assets 852,979 949,132 Non-Current assets Property, plant and equipment 662,921 686,730 Intangible assets 410,716 404,885 Retirement benefit asset 49,446 40,739 Deferred tax assets 13,607 12,014 Investments accounted for using the equity method 71,543 76,671 Other financial assets 22,237 21,447 Other non-current assets 23,274 24,381 Total non-current assets 1,253,744 1,266,867 Total assets 2,106,723 2,215,999 - 8 -
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(Unit: millions of yen) Dec. 31, Jun. 30, 2025 2026 ¥ ¥ Liabilities Current liabilities Trade payables 162,757 186,966 Bonds and borrowings 169,611 263,702 Accrued expenses 41,507 41,315 Income taxes payable 8,693 28,152 Lease liabilities 4,452 4,737 Provisions 1,313 736 Other financial liabilities 51,152 61,421 Other current liabilities 23,962 29,760 Subtotal 463,447 616,789 Liabilities directly associated with assets held for sale 9,589 － Total current liabilities 473,036 616,789 Noncurrent liabilities Bonds and borrowings 777,010 671,154 Retirement benefit liability 7,296 7,509 Provisions 4,427 4,436 Lease liabilities 18,454 17,068 Other financial liabilities 7,803 9,143 Deferred tax liabilities 70,473 61,221 Other non-current liabilities 20,611 23,656 Total non-current liabilities 906,074 794,187 Total liabilities 1,379,110 1,410,976 Equity Share capital 182,146 195,946 Capital surplus 108,681 124,742 Treasury shares (12,409) (5,565) Retained earnings 343,574 380,933 Accumulated other comprehensive income 76,860 92,053 Total equity attributable to owners of the parent 698,852 788,109 Non-controlling interests 28,761 16,914 Total equity 727,613 805,023 Total liabilities and equity 2,106,723 2,215,999 - 9 -
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Consolidated Statements of Profit or Loss (Unit: millions of yen) Results for the first half year (Jan.1-Jun.30) 2025 2026 ¥ ¥ Revenue 642,054 676,852 Cost of sales (490,553) (470,355) Gross profit 151,501 206,497 Selling, general and administrative expenses (117,045) (118,564) Other income 10,049 4,395 Other expenses (11,894) (19,018) Operating profit 32,611 73,310 Finance income 2,500 2,430 Finance costs (10,282) (7,639) Share of profit of investments accounted for using the equity method 5,586 4,653 Profit before tax 30,415 72,754 Income tax expense (10,495) (23,714) Profit 19,920 49,040 Profit attributable to Owners of the parent 19,654 48,451 Non-controlling interests 266 589 Earnings per share Basic earnings per share (Yen) 108.71 267.15 Diluted earnings per share (Yen) 108.71 240.25 - 10 -
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Consolidated Statements of Comprehensive Income (Unit: millions of yen) Results for the first half year (Jan.1-Jun.30) 2025 2026 ¥ ¥ Profit 19,920 49,040 Other comprehensive income Items that will not be reclassified to profit or loss Net changes in fair value of financial assets measured at fair value through other comprehensive income (1,208) 485 Remeasurements of defined benefit plans (15) (53) Share of other comprehensive income of investments accounted for using the equity method 87 4 Total (1,136) 436 Items that may be reclassified to profit or loss Exchange differences on translation of foreign operations (23,812) 14,830 Net changes in fair value of cash flow hedges 268 (159) Share of other comprehensive income of investments accounted for using the equity method (1,295) 683 Total (24,839) 15,354 Total other comprehensive income (25,975) 15,790 Comprehensive income (6,055) 64,830 Comprehensive income attributable to Owners of the parent (5,495) 64,316 Non-controlling interests (560) 514 - 11 -
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(Unit: millions of yen) Equity attributable to owners of the parent Share capital Capital surplus Treasury shares Retained earnings Accumulated other comprehensive income Financial assets measured at fair value through other comprehensive income Remeasure- ments of defined benefit plans Balance at beginning of period 182,146 108,863 (13,172) 318,643 6,517 － Profit － － － 19,654 － － Other comprehensive income － － － － (1,121) (15) Total comprehensive income － － － 19,654 (1,121) (15) Dividends － － － (11,787) － － Purchase of treasury shares － － (3) － － － Disposal of treasury shares － 46 659 － － － Share-based payment transactions － (192) － － － － Purchase of non-controlling interests － (200) － － － － Loss of control of subsidiaries － － － － － － Conversion of convertible bonds with share acquisition rights － － － － － － Transfer from accumulated other comprehensive income to retained earnings － － － 471 (486) 15 Total transactions with owners － (346) 656 (11,316) (486) 15 Balance at end of period 182,146 108,517 (12,515) 326,981 4,910 － Equity attributable to owners of the parent Non-controlling interests Total equity Accumulated other comprehensive income Total Exchange differences on translation of foreign operations Cash flow hedges Total Balance at beginning of period 61,848 (229) 68,136 664,616 27,390 692,006 Profit － － － 19,654 266 19,920 Other comprehensive income (24,281) 268 (25,149) (25,149) (826) (25,975) Total comprehensive income (24,281) 268 (25,149) (5,495) (560) (6,055) Dividends － － － (11,787) (714) (12,501) Purchase of treasury shares － － － (3) － (3) Disposal of treasury shares － － － 705 － 705 Share-based payment transactions － － － (192) － (192) Purchase of non-controlling interests － － － (200) － (200) Loss of control of subsidiaries － － － － － － Conversion of convertible bonds with share acquisition rights － － － － － － Transfer from accumulated other comprehensive income to retained earnings － － (471) － － － Total transactions with owners － － (471) (11,477) (714) (12,191) Balance at end of period 37,567 39 42,516 647,645 26,116 673,761 Consolidated Statement of Changes in Equity Six months ended June 30, 2025 - 12 -
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(Unit: millions of yen) Equity attributable to owners of the parent Share capital Capital surplus Treasury shares Retained earnings Accumulated other comprehensive income Financial assets measured at fair value through other comprehensive income Remeasure- ments of defined benefit plans Balance at beginning of period 182,146 108,681 (12,409) 343,574 4,675 － Profit － － － 48,451 － － Other comprehensive income － － － － 489 (53) Total comprehensive income － － － 48,451 489 (53) Dividends － － － (11,764) － － Purchase of treasury shares － － (1,204) － － － Disposal of treasury shares － － 735 － － － Share-based payment transactions － 157 － － － － Purchase of non-controlling interests － － － － － － Loss of control of subsidiaries － － － － － － Conversion of convertible bonds with share acquisition rights 13,800 15,904 7,313 － － － Transfer from accumulated other comprehensive income to retained earnings － － － 672 (725) 53 Total transactions with owners 13,800 16,061 6,844 (11,092) (725) 53 Balance at end of period 195,946 124,742 (5,565) 380,933 4,439 － Equity attributable to owners of the parent Non-controlling interests Total equity Accumulated other comprehensive income Total Exchange differences on translation of foreign operations Cash flow hedges Total Balance at beginning of period 72,205 (20) 76,860 698,852 28,761 727,613 Profit － － － 48,451 589 49,040 Other comprehensive income 15,588 (159) 15,865 15,865 (75) 15,790 Total comprehensive income 15,588 (159) 15,865 64,316 514 64,830 Dividends － － － (11,764) (911) (12,675) Purchase of treasury shares － － － (1,204) － (1,204) Disposal of treasury shares － － － 735 － 735 Share-based payment transactions － － － 157 － 157 Purchase of non-controlling interests － － － － － － Loss of control of subsidiaries － － － － (11,450) (11,450) Conversion of convertible bonds with share acquisition rights － － － 37,017 － 37,017 Transfer from accumulated other comprehensive income to retained earnings － － (672) － － － Total transactions with owners － － (672) 24,941 (12,361) 12,580 Balance at end of period 87,793 (179) 92,053 788,109 16,914 805,023 Six months ended June 30, 2026 - 13 -
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Consolidated Statements of Cash Flows (Unit: millions of yen) Results for the first half year (Jan.1-Jun.30) 2025 2026 ¥ ¥ Cash flows from operating activities Profit 19,920 49,040 Depreciation and amortization 47,475 45,761 Income tax expense 10,495 23,714 Impairment losses (reversal of impairment losses) 142 820 Interest and dividend income (2,304) (2,314) Interest expenses 7,132 6,441 Share of loss (profit) of investments accounted for using the equity method (5,586) (4,653) Decrease (increase) in trade receivables 22,698 (16,593) Decrease (increase) in accounts receivable - other 2,964 3,114 Decrease (increase) in inventories (2,898) (38,684) Increase (decrease) in trade payables (13,824) 22,798 Increase or decrease in retirement benefit asset or liability (469) 8,859 Other (37,101) (1,753) Subtotal 48,644 96,550 Interest received 1,310 1,912 Dividends received 1,484 1,118 Interest paid (7,229) (5,928) Income taxes refund (paid) (9,579) (9,249) Net cash provided by (used in) operating activities 34,630 84,403 Cash flows from investing activities Purchase of property, plant and equipment (62,238) (52,416) Proceeds from sale of property, plant and equipment 4,237 2,319 Proceeds from (payments for) sale of subsidiaries and businesses 13,691 (33) Purchase of securities and other investments (56) (1,175) Proceeds from sale and redemption of securities and other investments 770 1,453 Other (4,290) (7,141) Net cash provided by (used in) investing activities (47,886) (56,993) - 14 -
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(Unit: millions of yen) Results for the first half year (Jan.1-Jun.30) 2025 2026 ¥ ¥ Cash flows from financing activities Net increase (decrease) in short-term borrowings 475 34,508 Net increase (decrease) in commercial papers 18,000 － Proceeds from long-term borrowings 140,659 100 Repayments of long-term borrowings (148,910) (10,395) Redemption of bonds (60,000) － Repayments of lease liabilities (2,570) (2,311) Purchase of treasury shares (3) (16) Dividends paid to owners of the parent (11,750) (11,734) Dividends paid to non-controlling interests (740) (911) Other 480 236 Net cash provided by (used in) financing activities (64,359) 9,477 Effect of exchange rate changes on cash and cash equivalents (10,529) 11,037 Net increase (decrease) in cash and cash equivalents (88,144) 47,924 Cash and cash equivalents at beginning of period 294,656 261,971 Net increase (decrease) in cash and cash equivalents resulting from transfer to assets held for sale 1,458 17,172 Cash and cash equivalents at end of period 207,970 327,067 - 15 -
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(Unit: millions of yen) Reporting Segment Others Adjustments TotalSemiconductor and Electronic Materials Mobility Innovation Enabling Materials Chemicals Crasus Chemical Total Revenue Revenue from external customers 230,680 89,659 44,922 78,428 149,884 593,573 48,481 － 642,054 Intersegment revenue 2,314 317 5,942 5,125 1,850 15,548 3,321 (18,869) － Total 232,994 89,976 50,864 83,553 151,734 609,121 51,802 (18,869) 642,054 Segment profit (loss): (Core operating profit) 42,486 1,308 4,946 (8,151) (806) 39,783 2,147 (7,332) 34,598 (Unit: millions of yen) Reporting Segment Others Adjustments TotalSemiconductor and Electronic Materials Mobility Innovation Enabling Materials Chemicals Crasus Chemical Total Revenue Revenue from external customers 298,962 84,621 49,999 91,789 130,057 655,428 21,424 － 676,852 Intersegment revenue 2,873 297 6,759 6,051 1,968 17,948 3,979 (21,927) － Total 301,835 84,918 56,758 97,840 132,025 673,376 25,403 (21,927) 676,852 Segment profit (loss): (Core operating profit) 81,485 4,282 6,304 (612) 3,838 95,297 3,267 (9,811) 88,753 (Unit: millions of yen) Results for the first half year (Jan.1-Jun.30) 2025 2026 ¥ ¥ Segment profit (Core operating profit) 34,598 88,753 Impairment losses (142) (820) Other income 10,049 4,395 Other expenses (11,894) (19,018) Operating profit 32,611 73,310 Finance income 2,500 2,430 Finance costs (10,282) (7,639) Share of profit of investments accounted for using the equity method 5,586 4,653 Profit before tax 30,415 72,754 (Reference) SEGMENT INFORMATION Six Months ended June 30, 2025 Six Months ended June 30, 2026 Adjustment from segment profit to profit before tax are follows: - 16 -
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August 06, 2026 1. First Half 2026 Results (1) Summary (Unit: billions of yen) 2025 2026 Jan.1 - Jun.30 Jan.1 - Jun.30 642.1 676.9 34.8 34.6 88.8 54.2 Operating profit 32.6 73.3 40.7 Profit before tax 30.4 72.8 42.3 Profit 19.9 49.0 29.1 19.7 48.5 28.8 ¥108.71 ¥267.15 ¥158.44 (2) Revenue and Core operating profit by Segment (Unit: billions of yen) Reference : Quarterly result 2025 2026 2026 2026 Jan.1 - Jun.30 Jan.1 - Jun.30 Jan.1 - Mar.31 Apr.1 - Jun.30 Revenue 230.7 299.0 68.3 134.7 164.3 Core op. profit 42.5 81.5 39.0 34.0 47.5 Revenue 89.7 84.6 (5.0) 47.3 37.3 Core op. profit 1.3 4.3 3.0 2.9 1.4 Revenue 44.9 50.0 5.1 22.7 27.3 Core op. profit 4.9 6.3 1.4 2.4 3.9 Revenue 78.4 91.8 13.4 40.8 51.0 Core op. profit (8.2) (0.6) 7.5 (1.6) 1.0 Revenue 149.9 130.1 (19.8) 51.7 78.3 Core op. profit (0.8) 3.8 4.6 (0.5) 4.4 Revenue 48.5 21.4 (27.1) 10.6 10.8 Core op. profit (5.2) (6.5) (1.4) (3.6) (2.9) Revenue 642.1 676.9 34.8 307.9 369.0 Core op. profit 34.6 88.8 54.2 33.6 55.1 (3) Cash Flow (Unit: billions of yen) 2025 2026 Jan.1 - Jun.30 Jan.1 - Jun.30 34.6 84.4 49.8 (47.9) (57.0) (9.1) (13.3) 27.4 40.7 (64.4) 9.5 73.8 (10.5) 11.0 - (88.1) 47.9 - (4) Reference (Unit: billions of yen, expect for exchange rate and domestic naphtha price) 2025 2026 Jan.1 - Jun.30 Jan.1 - Jun.30 64.7 58.1 (6.5) 47.5 45.8 (1.7) 23.2 24.5 1.3 (4.8) (4.1) 0.7 148.6 158.2 Yen depreciated by 9.6 69,850 92,300 22,450 2,106.7 2,216.0 109.3 969.5 956.7 (12.9) Revenue Resonac Holdings Corporation Second Quarter, 2026 Consolidated Financial Results (Summary) under IFRS Items Increase/ decrease Net increase in cash and cash equivalents Items Operating activities Investing activities Free cash flow Financing activities Others Items Increase/ decrease Chemicals Core operating profit Profit attributable to owners of the parent Basic earnings per share Segment Increase/ decrease Semiconductor and Electronic Materials Mobility Innovation Enabling Materials Crasus Chemical Others, Adjustments Total Total assets Interest-bearing liabilities Jun.30, 2026 Exchange rate (yen/US$) Domestic naphtha price (yen/kl) Items Dec.31, 2025 Increase/ decrease Capital expenditures Depreciation and amortization R&D expenditures Gap between interest/dividend income and interest expense Increase/ decrease
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August 06, 2026 2. Forecast for 2026 (1) Summary (Unit: billions of yen, except for "per share" indicators) 2025 2026 Results Revised forecast 1,046.8 1,165.0 118.2 104.4 196.0 91.6 Operating profit 42.3 160.0 117.7 Profit before tax 39.7 158.0 118.3 Profit from continuing operations 27.0 110.0 83.0 Profit from discontinued operation 4.1 4.0 (0.1) Profit attributable to owners of the parent 29.0 112.5 83.5 Basic earnings per share ¥160.49 ¥606.32 ¥445.83 ¥65.00 ¥65.00 - (2) Revenue and Core operating profit by Segment (Unit: billions of yen) 2025 2026 Results Revised forecast Revenue 506.3 668.0 161.7 Core op. profit 108.4 195.0 86.6 Revenue 178.4 158.0 (20.4) Core op. profit 4.4 5.0 0.6 Revenue 92.2 100.0 7.8 Core op. profit 10.4 12.0 1.6 Revenue 174.4 196.0 21.6 Core op. profit (5.5) 4.0 9.5 Revenue 95.5 43.0 (52.5) Core op. profit (13.2) (20.0) (6.8) Revenue 1,046.8 1,165.0 118.2 Core op. profit 104.4 196.0 91.6 (3) Reference (Unit: billions of yen) 2025 2026 Results Revised forecast 106.7 119.6 12.9 88.4 88.9 0.5 44.9 48.9 4.0 (9.8) (9.8) (0.0) 969.5 798.0 (171.5) 149.7 154.1 Yen depreciated by4.4 67,150 79,150 12,000 The Company plans to classify the Crasus Chemical segment as a discontinued operation in connection with the partial spin-off of Crasus Chemical Inc., scheduled for October 1, 2026. The consolidated earnings forecast does not include any gains or losses associated with the deconsolidation of Crasus Chemical Inc. The dividend per share shown above exclude the dividend in kind of common stock of Crasus Chemical Inc. related to the partial spin-off. In addition, figures for FY2025 have been restated to reflect the reclassification of the Crasus Chemical segment as a discontinued operation. Figures for FY2025 have been reclassified to reflect the Crasus Chemical segment as a discontinued operation. Capital expenditures, depreciation and amortization, and R&D expenditures represent totals for continuing operations. FY2025 figures have been retrospectively reclassified to reflect the Crasus Chemical segment as a discontinued operation. Resonac Holdings Corporation Increase/ decrease Items Interest-bearing liabilities Exchange rate (yen/US$) Domestic naphtha price (yen/kl) Continuing Operations Revenue Core operating profit Annual dividend per share Segment Mobility Innovation Enabling Materials Chemicals Others, Adjustments Semiconductor and Electronic Materials Increase/ decrease Note : Performance forecast and other statements pertaining to the future as contained in this presentation are based on the information available as of today and assumptions as of today regarding risk factors that could affect our future performance. Actual results may differ materially from the forecast due to a variety of risk factors, including, but not limited to, the global political circumstances, the global economic conditions, tightening of regulations, demand for our products, market conditions, and foreign exchange rates. We undertake no obligation to update the forward-looking statements unless required by law. Items Increase/ decrease Capital expenditures Depreciation and amortization R&D expenditures Gap between interest/dividend income and interest expense