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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray FY2025 Results Briefing TSE Code: 4634 artience Co.,Ltd . Date of Results Briefing ：February 20, 2026 Release date of Presentation data of Results Briefing ：February 19, 2026
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 2 FY2025 Results Briefing Promotion of Open Innovation for New Business Creation Serving as a global co-creation hub specializing in the materials field, Incubation CANVAS TOKYO connects expertise inside and outside the Group to accelerate the exploration of new technologies and applications. Initiative that lays the foundations for the creation of business opportunities in the medium and long term. Incubation CANVAS TOKYO (Opened October 30, 2025) [Overview] (1) Open innovation ✓ Participation by material startups, academia, operating companies, and investors. ✓ Collaborating with more than 25 partners, including venture capital firms in Japan and abroad and universities. (2) Learning & networking ✓ Promoting the development and exchange of human resources specializing in the materials field through pitch events and the introduction of research seeds. (3) Acceleration and support of social implementation ✓ Aiming for the social implementation of science by bridging technologies and applications.
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 3 FY2025 Results Briefing Case Studies ≪過去の実績≫ Materials & Deep - Tech Domain ≪過去の実績≫ Innovation & New Business Development
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 4 FY2025 Results Briefing ◼ FY2025 Consolidated Results and Segment Performance ◼ FY2026 Earnings Forecast and Outlook ◼ Progress on the Medium-Term Management Plan “artience2027” (Reference) - Consolidated BS/PL Overview - Performance by Segment and Location - Major Products and Applications Contents
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray FY2025 Consolidated Results and Segment Performance
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 6 FY2025 Results Briefing Assumed indexes for targets FY2025 Consolidated Results Results for FY2024 Results for FY2025 Increase/decrease (%) Net sales 351.1 350.0 -0.3 Operating profit 20.4 20.8 1.7 Ordinary profit 21.0 20.9 -0.6 Profit attributable to owners of parent 18.5 10.3 -44.2 Operating margin 5.8% 5.9% ＋0.1 (point) Overseas sales ratio 55.4% 55.1% -0.3 (point) ROE 7.3% 3.9% -3.4 (point) 1 USD 1 EUR 1 RMB Exchange rate ¥150.0 2026 Projections ¥170.0 ¥20.0 ￥149.8 ￥169.5 ￥20.9 2025 Avg. ￥152.2 ￥164.4 ￥21.1 2024 Avg. ¥67,125 ¥65,000 2026 Projections Naphtha(/KL)Raw material ¥75,400 2024 Avg. 2025 Avg.
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 7 FY2025 Results Briefing Recording of Impairment Losses Site Segment/Business Amount Main factor Kentucky, U.S. Colorants and Functional Materials CNT dispersions 4.95 billion yen Delayed start of the operation plan due to a significant slowdown in EV market growth Hungary Colorants and Functional Materials CNT dispersions 1.26 billion yen Decrease in rate of operation due to a significant slowdown in EV market growth Zhuhai, China Polymers and coatings Pressure sensitive adhesives 0.97 billion yen Continued operating losses, reflecting a slow market transition from solvent-based to water-based adhesives in line with VOC regulations Domestic plant 0.09 billion yen Write-off of idle assets Total 7.27 billion yen - ◼ With the EV market faring particularly badly under the new U.S. administration, shipments of CNT dispersions are expected to be weak. In Europe, shipments are holding firm. However, until initially assumed capacity is fully utilized, market recovery will take time.
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 8 FY2025 Results Briefing FY2025 Consolidated Results Net sales Although sales fell compared with last year when foreign exchange rates and other conditions were more favorable, growth and stable earnings base businesses such as gravure inks, can coatings and functional coating agents performed solidly. In strategic, high priority business areas, functional films and tapes and pressure sensitive adhesives for displays grew. Operating profit In Japan, profit trended upward, reflecting continued cost reduction and price revisions as well stabilized naphtha prices. CNT dispersions for LiBs were weak and color filter materials were down year on year. Overseas, however, growth businesses were steady due to a strong performance by optical pressure sensitive adhesives for displays and progress in expanding sales, mainly in India and Southeast Asia. Overall, profit increased, partly thanks to the contributions of liquid inks and pigments in Japan. Impairment losses were recorded in relation to our new plant in Kentucky in the U.S. and our plant in Hungary due to the slump in the LiB market. Profit fell, reflecting a greater tax burden due to tax law changes in Turkey. Profit attributable to owners of parent ◼ Operating profit reached a record high, reflecting recovery in each quarter from the start of the fiscal year. Pressure sensitive adhesives for displays drove business performance. 78.8 84.6 83.9 81.7 90.5 87.9 90.9 82.1 86.6 89.7 91.5 2.8 4.4 4.2 4.4 6.2 5.2 4.6 4.5 4.9 5.5 5.9 0.0 1.0 2.0 3.0 4.0 5.0 6.0 0.0 20.0 40.0 60.0 80.0 100.0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Sales Operating ProfitQuarterly changes in net sales and operating profit FY2023 FY2024 FY2025
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 9 FY2025 Results Briefing 20.4 -3.9 0 +0.5 +1.8 +2.1 -0.1 20.8 FY25 Exchange rate fluctuation Analysis of YoY Changes in Operating Profit Increased cost Cost reductions FY24 Raw material prices Price revision Sales mix change Prices for naphtha-derived materials generally trended lower, while those for domestically produced titanium oxide, silver, soybean oil, etc. trended upward. The replacement of raw materials and reviews of production prices continued. Increases in labor costs due to inflation were particularly noticeable in Turkey, etc. logistics costs and other expenses also continued to rise. Depreciation for the new plant in Turkey and LiB-related investments increased. Pressure sensitive adhesives for displays, can coatings, gravure inks and paper container packaging materials performed strongly. CF materials and UV curable inks showed slow profit growth. Revisions to fair levels in response rising raw material prices and other costs have been reflected, primarily in Japan. （Billion yen）
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 10 FY2025 Results Briefing FY2025 Results by Business Segment FY2024 Results FY2025 Results YoY Change (%) Net sales Operating profit Net sales Operating profit Net sales Operating profit Colorants and Functional Materials 86.1 3.4 84.3 2.3 -2.1 -33.1 Polymers and Coatings 88.5 7.2 90.3 8.3 2.0 15.9 Packaging Materials 91.5 5.4 92.5 5.5 1.1 0.9 Printing and Information 83.3 4.9 81.0 4.5 -2.8 -7.3 Others and Adjustments 1.6 -0.4 1.9 0.2 - - Total (Consolidated) 351.1 20.4 350.0 20.8 -0.3 1.7
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 11 FY2025 Results Briefing Color filter materials ( for displays) -5.4% In color filter materials, test sales of products manufactured in China via Chinese joint venture began in Q4. Although sales to the Chinese market were unchanged year on year, sales in the small and midsize panel market in Taiwan slowed, leading to sales decline. Color filter materials for sensors remained solid. Plastic colorants -3.8% Despite the effects of price revisions and cost reductions, sales and profit both declined, heavily impacted by stagnation inmaterials for solar cell applications in China. Plastic colorants related to home electronics and OA performed strongly in Southeast Asia, while those for automotive applications were unchanged year on year in North America. Pigments -3.8% Sales fell and profit rose, reflecting the contributions of cost reductions and price revisions in previous years, despite continued decline in pigments for offset inks. Others 11.4% Inkjet inks for applications such as commercial printing and labels performed solidly, leading to gains in sales and profit.New electronic applications have yielded results. CNT dispersions for LiBs remained solid in Europe, but struggled due to significant slowdown in the North American market and the delayed full-scale shipments in China. We accelerated the development of new products, including products for anodes picked up pace. Both sales and profit decreased. Although plastic colorants (in Japan) recovered, CNT dispersions for LiBs and color filter materials remained sluggish. Results FY2024 FY2025 YonY Increase/ decrease(%) Net sales 86.1 84.3 -2.1 Operating profit 3.4 2.3 -33.1 21.2 20.5 20.1 23.7 21.2 21.1 19.8 21.6 21.9 21.1 3.0% 2.8% 3.9% 5.8% 3.3% 2.3% 2.5% 1.5% 2.7% 4.0% Q4 Q1 Q2 Q3Q3 ‘23 ‘24 ‘25Q4 Q1 Q2 Q3 Q4 FY2025 Summary by Business Segment (Colorants & Functional Materials) ◼ Net sales/ Operating profit （1 billion yen） Sales increase/ decrease Summary (1 billion yen)Quarterly sales and operating margin
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 12 FY2025 Results Briefing Both sales and profit increased. Optical pressure sensitive adhesives for displays in China and can coatings contributed to profit growth. Results FY2024 FY2025 YonY Increase/ decrease(%) Net sales 88.5 90.3 2.0 Operating profit 7.2 8.3 15.9 Functional films and tapes 5.9% Sales of functional films increased due to the expansion of sales of products for mobile terminals in China, but profit decre ased due to exchange rates and high prices for silver, which is a raw material. Price revisions were annouced from the start of the year. Shipments of products related to semiconductor insulating materials for mobile communications applications also continued. Adhesives 0.1% In Japan, we moved forward with the revision of prices and the review of our raw material s supply chain for pressure sensitive adhesives. However, profit decreased, mainly due to the slow demand for products for labels. Overseas, optical pressure sensitive adhesives for displays grew significantly, driving profit growth, and we decided to expand our facilities. Among laminating adhesives, products for packaging performed strongly in Japan but affected by decline in work volume in some overseas regions. Paints and resins 4.3% Can coatings increased profit in Japan through increased sales. Overseas, growth was achieved due to the expansion of exports to Thailand and the surrounding regions and growth of demand for products for food cans . Our market share also improved in Turkey through the addition of products for vegetable cans. 20.8 20.6 19.9 22.7 22.3 23.6 21.2 22.6 22.9 23.5 8.7% 7.4% 6.7% 9.5% 8.2% 7.8% 7.5% 9.1% 9.9% 10.0% Q4 Q1 Q2 Q3Q3 ‘23 ‘24 ‘25Q4 Q1 Q2 Q3 Q4 次年度計画のボックスは 削除 2/4 売上・営利・グラフ の数字更新 YoY売り上げは未変更 2/6 YoY更新 FY2025 Summary by Business Segment (Polymers and Coatings) ◼ Net sales/ Operating profit （1 billion yen） Sales increase/ decrease Summary Quarterly sales and operating margin (1 billion yen)
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 13 FY2025 Results Briefing Results FY2024 FY2025 YonY Increase/ decrease(%) Net sales 91.5 92.5 1.1 Operating profit 5.4 5.5 0.9 Both sales and profit increased. Both net sales and operating profit were on par with the previous year. Performance was solid in Japan and strong in Southeast Asia and India. Domestic liquid inks 1.4% Both sales and profit increased. Among products for food packaging applications, inks for high priced packages showed slow growth but products for noodles and baked goods performed strongly. Efforts were continued to streamline production by consolidating the range of models, reducing fixed costs, and implementing price revisions. Overseas liquid inks -0.4% In China, we conducted reorganization to enhance production and sales systems.Demand was firm in Southeast Asia and India. In India, our local market share expanded and we decided to make additional investment in 3Q. We reviewed the supply chain to reduce costs. In Turkey, performance was weak in Q1 but recovered from Q2 with the start of operation of the new plant, and production volume and sales both exceeded last year's levels. 22.1 21.9 21.4 23.0 22.8 24.4 21.6 22.5 23.6 24.9 5.2% 5.0% 5.5% 5.8% 5.8% 6.5% 5.4% 5.9% 5.9% 6.4% 次年度計画のボックスは 削除 2/4 売上・営利・グラフ の数字更新 YoY売り上げは未変更 グラフQ4の数字が表示 できない問題あり 2/6 YoY更新 ◼ Net sales/ Operating profit （1 billion yen） Q4 Q1 Q2 Q3Q3 ‘23 ‘24 ‘25Q4 Q1 Q2 Q3 Q4 Sales increase/ decrease Summary FY2025 Summary by Business Segment (Packaging Materials) (1 billion yen)Quarterly sales and operating margin
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 14 FY2025 Results Briefing Results FY2024 FY2025 YonY Increase/ decrease(%) Net sales 83.3 81.0 -2.8 Operating profit 4.9 4.5 -7.3 Both sales and profit decreased. In Japan, despite a shrinking market for information-oriented printing, the three types of oil-based inks moved into profit and functional coatings performed well. Offset inks （General inks) -6.1% Both sales and profit decreased. In Japan, the three types of oil-based inks turned profitable due to ongoing reform of production and sales systems, and price revisions that incorporated logistics costs and other factors. Overseas, sheet- fed inks were stagnant due to the shrinkage of markets, as well as sluggish sales in applications for publication and paper containers. Functional inks* -0.0% Both sales and profit decreased. In Japan, UV inks were strong in the areas of commercial printing and various types of cards, while products related to packaging such as paper containers and labels gave a lackluster performance due to weak demand. Overseas, sales of non-VOC inks to other sites in China were strong, while higher labor costs and customer losses in Europe resulted in lower profit. Functional coatings for high-grade paper containers performed strongly. 20.1 20.8 19.9 20.8 21.2 21.4 19.3 19.5 20.8 21.4 4.9% 6.9% 5.4% 6.8% 6.5% 4.8% 5.2% 5.4% 5.6% 6.1% Q4 Q1 Q2 Q3Q3 ‘23 ‘24 ‘25Q4 Q1 Q2 Q3 Q4 2/4 売上・営利・グラフ の数字更新 YoY売り上げは未変更 2/6 YoY更新 * Functional inks: UV inks, metal inks, and screen inks ◼ Net sales/ Operating profit （1 billion yen） Sales increase/ decrease Summary FY2025 Summary by Business Segment (Printing and Information) Quarterly sales and operating margin (1 billion yen)
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray FY2026 Earnings Forecast and Outlook
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 16 FY2025 Results Briefing FY2026 Consolidated Results Forecast Results for FY2025 Forecasts for FY2026 Net sales 350.0 360.0 Operating profit 20.8 23.0 Ordinary profit 20.9 22.5 Profit attributable to owners of parent 10.3 21.0 Operating margin 5.9% 6.4% Overseas sales ratio 55.1% － ROE 3.9% 8.0% Increase/decrease (%) 2.9 10.8 7.7 103.1 +0.5 (point) － ＋4.1 (point) Assumed indexes for targets 1 USD 1 EUR 1 RMB Exchange rate ¥150.0 2026 Projections ¥170.0 ¥20.0 ￥149.8 ￥169.5 ￥20.9 2025 Avg. ¥152.2 ¥164.4 ¥21.1 2024 Avg. ¥67,125 ¥65,000 2026 Projections Naphtha(/KL)Raw material ¥75,400 2024 Avg. 2025 Avg. (billion yen)
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 17 FY2025 Results Briefing 20.8 -4.3 +0.4 +3.3 +1.5 +1.3 +0.0 23.0 Analysis of YoY Changes in Operating Profit (Forecast) Raw material prices Increasing cost Increasing sales Price revision Cost reductions Naphtha prices are expected to be lower than last year. In Japan, the ratio of raw materials procured overseas will rise. Labor costs, logistics costs and other expenses are expected to rise. Depreciation are expected to be mostly unchanged year on year despite the start of operation of new facilities. In India, work to expand facilities for pressure sensitive adhesives will be completed. In Southeast Asia and the surrounding regions, sales expansion of packaging-related materials including ink products is expected. In Japan, prices of products such as offset inks, UV curable inks and functional films and tapes will be revised. We will strengthen procurement activities across the Group and streamline production. （Billion yen） Exchange rate fluctuation FY26 FY25
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 18 FY2025 Results Briefing FY2026 Segment Outlook ※2/12用（d3）：2/5 ・コメント記載 ◼ Colorants and Functional Materials: Color filter materials are expected to benefit from growth in the panel market driven by sports events and sensor-related materials are expected to perform solidly. For CNT dispersions, deficit will be reduced, and expected to turn profitable in FY2027. We will aim for increased profit from plastic colorants through sales expansion of functional material products and cost reductions, and we will aim for increased profit from inkjet inks through sales expansion of products for soft packaging and electronics. ◼ Polymers and Coatings: Functional films are expected to perform on a par with the previous year through the implementation of price revisions, despite concerns over decreased shipments of terminals due to semiconductor shortages. Overseas, adhesives and coatings are likely to continue performing strongly. We will aim to expand production capacity, optimize SCM, and achieve alliance-driven sales expansion. ◼ Packaging Materials: Overseas, performance is expected to remain strong, mainly in Southeast Asia and India, and we will get our new factory in Turkey and our reorganized China sites on track. In Japan, we will streamline production and promote stable quality, aiming for profit growth. ◼ Printing and Information: Overseas, we will formulate a strategy for each market centered around highly sensitive UV-curable ink and pursue sales expansion. Especially in China, we will expand sales in the East China region as a priority. In Japan, we will continue structural reforms and price revisions in line with the contraction of the information-oriented printing markets. We will steadily tap into growth areas such as products for various types of cards. FY2025 Results (Billion yen) FY2026 Plan(Billion yen) Increase/(Decrease) (%) Net sales Operating profit Net sales Operating profit Net sales Operating profit Colorants and Functional Materials 84.3 2.3 85.0 3.5 0.8 55.3 Polymers and Coatings 90.3 8.3 95.0 9.0 5.2 8.5 Packaging Materials 92.5 5.5 96.0 6.0 3.8 9.8 Printing and Information 81.0 4.5 82.0 5.0 1.2 10.4 Others and Adjustments 1.9 0.2 2.0 -0.5 - - Total (Consolidated) 350.0 20.8 360.0 23.0 2.9 10.8
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray Progress on the Medium-Term Management Plan “artience2027”
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 20 FY2025 Results Briefing FY2029FY2023 FY2026 A future all people can live enriched lives Sustainable society Maximizing corporate value Goals 400.0→360.0 billion yen 25.0→23.0 billion yen 6.4% 8.0% 500.0 billion yen 10.0% or higher 322.1 billion yen 13.4 billion yen 4.2% 4.2% Management Plan artience2027/2030 “GROWTH” Transformation of existing business groups into highly profitable ones Creation of strategic, high priority business groups Transformation of management foundation Expansion of growth businesses Increase in profit of stable earnings base business Liquidation of unprofitable businesses Reconstruction of strategies Personnel, culture and organization Engagement DE＆I Cash CF management Improvement of capital efficiency Manufacturing asv2050/2030 SCM Information/DX Digital transformation Maximum use of SAP Technologies and intellectual property Construction of the technological foundation Proactive utilization of intellectual property Mobility and batteries Displays and advanced electronics Next-generations Businesses (Environmental, biotechnology and energy)Maximizing Capital Efficiency and Cash Flow Business portfolio transformation Establishment of Corporate Foundations and Sustainability Management Practices artience2027 FY2024 FY2025 Net sales Operating profit Operating margin ROE 351.1 billion yen 20.4 billion yen 5.8% 7.3% 350.0 billion yen 20.8 billion yen 5.9% 3.9%
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 21 FY2025 Results Briefing 7.0 13.4 2.7 2.7 10.5 6.5 20.4 3.1 10.5 20.8 5.0 11.5 23.0 2023 2024 2025 2026 revised 7.08.16.6 Operating profit (billion yen)Sales (billion yen) * Total includes other and adjustments. 38.7 283.4 322.1 41.3 309.8 351.1 43.5 306.5 350.0 50.0 310.0 360.0 2023 2024 2025 2026 revised 2026 initial 400.0 330.0 70.0 25.0 6.0 2026 initial 12.0 8.0 ◼ In 2025, in existing businesses with high profitability, we made steady progress strengthening profitability. However, in strategic, high priority business groups, it took time full-scale shipments due to the impact of the external environment. ◼ In light of this, our operating profit for 2026 will likely fall short of the target under the Medium-term Management Plan but is still expected to increase 11% year on year nonetheless. artience2027/2030 “GROWTH” ーProgress to 2025 and Outlook for 2026― Growth Business Stable Earnings Base Business Business of Restructuring and Rebuilding Strategy Strategic, high priority businesses mobility＆battery, display＆advanced electronics-related markets Basic Policy (1) Transformation of existing business groups into highly profitable ones Basic Policy (2) Creation of strategic, high priority business groups
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray Progress on the Medium-Term Management Plan “artience2027” Basic Policy (1) Transformation of existing business groups into highly profitable ones
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 23 FY2025 Results Briefing Total Business of Restructuring and Rebuilding Strategy Stable Earnings Base Business Growth Business 2026 revised 2023 2024 2025 10.5 11.56.5 10.5 * Total includes other and adjustments. * Business of restructuring and rebuilding strategy include next-generation businesses. 10.7 18.017.8 17.7 Operating profit target (billion yen) Basic Policy (1) Transformation of existing business groups into highly profitable ones 2023 -0.1-1.8 0-0.5 2024 2025 2026 revised 2023 2024 2025 2026 revised 7.0 7.06.6 8.1 -0.3 8.0 12.0 2026 initial 2026 initial 2026 initial 19.0 Towards artience2027/2030 “GROWTH” ― 2025 Results and 2026 Forecasts for Profit in Existing Businesses with High Profitability ― ◼ In 2025, we secured profit mostly in line with the previous year, despite the absence of the previous year's strong first-half performance and signs of slowing demand for some applications. ◼ In 2026, expecting overseas further growth in liquid inks, pressure sensitive adhesives, and UV inks in growth business. Stable earnings base business will likely fall short of initial targets and will be on par with previous year. Growth business and business of restructuring and rebuilding strategy are expected to achieve growth.
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 24 FY2025 Results Briefing (Domestic) Can coatings Colorants and Functional Materials Polymers and Coatings Packaging Materials Printing and Information UV inks (Overseas) Pressure sensitive adhesives and laminating adhesives (Overseas) Liquid inks (Overseas) Can coatings Inkjet inks Functional coatings (Overseas) Metal decorating inks Plastic colorants (Domestic) Pressure sensitive adhesives and laminating adhesives (Domestic) Liquid inks (Overseas) Offset inks (Domestic) Metal decorating inks Pigments (Domestic) Offset inks Functional inks for packaging Business of Restructuring and Rebuilding Strategy Stable Earnings Base Business Growth Business Note: Only representative businesses are shown. ◼ Key Initiatives Over the Past Two Years: ➢ Supported by stable demand in consumer-related markets, we accelerated our overseas expansion in India and Southeast Asia. ➢ In reviewing our business portfolio, we prioritized resource allocation to growth areas and implemented structural reforms. Progress in Portfolio Transformation over the Past Two Years (1) ― Shift Toward Growth Drivers and Advancement of Structural Reforms― Basic Policy (1) Transformation of existing business groups into highly profitable ones
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 25 FY2025 Results Briefing 0 Growth Business Stable Earnings Base Business Business of Restructuring and Rebuilding Strategy Progress in Portfolio Transformation over the Past Two Years (2) — Changes in Business Scale and Profitability by Product Category — ◼ Summary of the past two years: The quality of the portfolio improved, and profitability increased across a wide range of products. ➢ Overseas, liquid inks contributed as a growth driver both in terms of business scale and profitability. ➢ Pigment profitability improved as structural reforms progressed. ➢ The growth potential of metal decorating inks remains a key challenge. *The vertical axis shows the degree of improvement (relative) in the level of operating profit compared with the previous Medium-term Management Plan period (the higher, the better). *The size of the circle indicates the amount of operating profit (relative). *For pigments, products for domestic demand are excluded. Basic Policy (1) Transformation of existing business groups into highly profitable ones Change in Profitability (Past 2 Years) Pigments Inkjet inks Plastic colorants (Domestic) Offset inks (Overseas) Offset inks ((Domestic) Metal decorating inks (Domestic) Pressure sensitive adhesives (Domestic) Laminating adhesives (Domestic) Liquid inks (Overseas) Pressure sensitive adhesives (Overseas) Laminating adhesives (Overseas) Can coatings (Overseas) Liquid inks Functional coatings (Overseas) Metal decorating inks UV inks Business Scale (Sales) (Domestic ) Can coatings
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 26 FY2025 Results Briefing Business structure that captures the growth of the global market (Polymers and Coatings and Packaging Materials segments ） ― Macro -economic environment and our structural advantages ― ■Growth opportunities ■Our business structure • Demand in consumer-related and packaging fields will expand in the medium and long term, driven by population growth and expansion of the middle-income population primarily in Asia. • Due to increasingly sophisticated environmental and quality requirements, the importance of stable supply chains for packaging materials and functional materials has grown. • Our business operations are tailored to market characteristics that require mass production capability, quality and supply stability. • Through optimized procurement backed by a robust network established over many years, brand power, and development systems tailored to local needs, we have built a business structure that allows us to tap into growth markets. ◼ 2025 saw revenue growth centered on Asia • Revenue remained stable, especially in Asia, thanks to overseas capital investment and M&A in Thailand implemented under the previous Medium-Term Management Plan. • With the new plant in Turkey now in operation, we will strengthen the production and supply systems to capture growth markets and drive growth. Overseas performance does not reflect the elimination of transactions between regions. 38.0 46.2 46.9 47.2 41.0 46.3 46.4 48.0 '23 '24 '25 2026 (Target) Polymers and coatings Packaging Materials <New plant in Turkey now in operation> ＜Overseas net sales*＞ Basic Policy (1) Transformation of existing business groups into highly profitable ones (billion yen)
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 27 FY2025 Results Briefing Strengthening the Business Foundation through Growth Market Initiatives and Efficiency Investments ― Overseas Growth Investments × Domestic Efficiency Investments ― ◼ In November 2025, we decided on growth investments overseas and efficiency investments in Japan, reflecting differing market environments. 海外リキッドインキ（成長事業） (Overseas) Liquid inks (Domestic) Liquid inks Automation and labor-saving measures. Strengthen the business base through efficiency investments. Expand best practices and promote company-wide optimization ⚫ In response to continued growth in the Indian market, we are strengthening our liquid ink production capacity. • At our Gujarat Plant in India, we have decided to expand liquid ink production facilities (scheduled to commence operations in 2028). • Production capacity will be increased by approximately 1.5 times to meet demand in growing markets. • The plant will be positioned as a core CGC hub, also targeting exports to neighboring countries. ◼ Saitama Plant（Domestic Liquid Ink Production Site）◼ Gujarat Plant in India（Core Base for Growth Markets） Basic Policy (1) Transformation of existing business groups into highly profitable ones
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray Progress on the Medium-Term Management Plan “artience2027” Basic Policy (2) Creation of strategic, high priority business groups
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 29 FY2025 Results Briefing 中期経営計画の進捗：基本方針 (2) 戦略的重点事業の創出Basic policy (2) Creation of strategic, high priority business groups Europe （Hungary） USA （GA,KY） China (Zhuhai) Japan (Fuji) ＊for SKon(USA), TOYOTA battery (Japan) 0 200 400 (plan) 2026 15.0 3.2 5.2 3.6 0.7 1.1 1.2 1.1 4.1 2022 2023 2024 Q1 Q2 Q3 Q4 2025 Sales, forecasts, and Target (billion yen) Revised target in Feb.2026 22.0 (target) 2027 (target) 2028 FY2025 12.5 20.0 10.0 6.5 ◼Overview and Outlook by Site : Due to the slowdown in the promising EV market in North America, we are also focusing non-automotive applications. ◼ Two customers. Although volume and sales exceeded last year's levels, the market slowed more than initially expected. ◼ We completed facility expansion work in 2025 and began local production for the second customer by Q2 of 2026. Mobility & Battery Related Businesses: CNT dispersions for LiB ◼ One customer*. Both volume and sales exceeded last year's levels. ◼ The market slowdown caused customers to postpone plans and cancel projects. As a result, the number of customers with informal decisions fell from four to two. ◼ We reviewed plans for operations at the plant in Kentucky and recorded an impairment loss. ◼ One customer. The switchover at the customer was delayed and full-scale shipments of our products was pushed back to Q2 of 2026. ◼ The scope of end targeted vehicle models was expanded to include non-European vehicles. We aim to start mass production of materials for anodes by the end of the year. ◼ One customer*. Demand from customer with an informal decision dried up due to the market slowdown. Companies we were targeting for sales expansion appeared to postpone their plans. ◼ Shipments of CNT dispersions for HEVs remain strong. Progress is also being made on the development of products for all-solid-state batteries.
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 30 FY2025 Results Briefing Display and Advanced Electronics Related Businesses ― Expanding earnings by tapping into market changes and also making progress in products for semiconductors ― Basic policy (2) Creation of strategic, high priority business groups ◼ Expanding earnings from products for displays, and expecting growth in products for advanced electronics. Display Advanced electronics • Significantly contributed to earnings growth in 2025. • We responded to the market's shift to China. • We rolled out high heat-resistance, value-added products for automotive applications. • We expanded biomass pressure sensitive adhesives that cater to demand for environmental consideration. • The recovery of small and midsize panels is slow. • We established a joint venture with a Chinese company and commenced production of resist inks from the end of 2025. We will aim for market share expansion and expansion of sales channels for small and medium-sized midsize panels in China. • We steadily produced results in relation to materials for sensors for optical semiconductors in 2025. • We enhanced materials for next-generation sensing devices. • Low dielectric resins used in data centers, etc. and functional films with excellent insulation and flexibility (LIOTELAN) produced results as encapsulation materials for semiconductors. CF materials Sensors (optical semiconductors) Semiconductor- related materials (billion yen) 3.4 3.7 4.5 6.0 2023 2024 2025 2026 (Target) Changes in the operating profit of Display & Advanced Electronics Related Businesses Optical pressure sensitive adhesives
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray Progress on the Medium-Term Management Plan “artience2027” Basic Policy (3) Transformation of management foundation
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 32 FY2025 Results Briefing ESG topics Basic policy (3) Money/cash flow management/capital efficiency improvement Initiatives for achieving the asv2050/2030 Sustainability Vision The introduction of electricity from renewable energy sources and the addition of solar power generation equipment at multiple sites in Japan and other countries(Since 2024; Belgium, Tenjin, Shanghai, Fuji, Moriyama, Chiba, etc.) ◼ Increasing the percentage of the roadmap towards decarbonization (in global) （60%in2023⇒88%in2024⇒97%in2025（based on CO2 emissions） ◼ Our CDP score was upgraded to B (climate change and water security). E S G ※2：Upper limit of 4,500,000 shares or 10.0 billion yen（Acquisition period: August 13, 2024 ～/ May 12, 2025～ within a year period） ※1：implemented in the end of May, 2024 and 2025 Measures implemented to improve engagement and realize DE&I ◼ We implemented a survey by a third-party institution for a second consecutive year, improving the questions, and our score increased. ◼ We increased hiring of non-Japanese personnel in development, marketing, production and administrative departments (12 hires) ◼ Percentage of new graduate hires who are women (from 41.2% the previous year to 53.6% in FY2026) ◼ The CEO continued holding roundtable talks in Japan and overseas to instill the philosophy and raise awareness about GROWTH. ◼ Listed shares held by the Company in monetary terms (book value basis) 0 10 20 30 40 2020 2021 2022 2023 2024 2025 Listed Shares 61 53 46 38 36 35 （billion yen） Progress of take actions to enable management with an awareness of capital costs and share price ◼ Cancellation of treasury shares※1, acquisition of treasury shares※2 continuing to reduce shareholdings. ◼ Strengthening the governance system, ROE basis management, introduction of ROIC as an indicator. ◼ Increasing the ratio of performance-linked remuneration for the remuneration of internal directors and added ROE as an indicator (from March 2025)
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 33 FY2025 Results Briefing ◼ Cash inflows are generally in line with plan; however, due to the slowdown in the LiBs market, related investments have decreased. Growth investments have been expanded accordingly. 【Results and Progress Rate 】 2024-2025 (billion yen) 3-year total (billion yen) Operating Cash Flow 54.5 76.0 Financing (Revenue Participation Rights) 6.5 8.0 Gain on sales of shareholdings 14.1 20.0～ Capital investment 22.0 30.0 Additional investment Growth + efficiency 4.3 10.0 Strategic investment 0.0 Being evaluated LiB-related investments 7.6 11.0 Shareholder Returns 28.1 40.0～ Basic policy (3) Money/cash flow management/capital efficiency improvement Progress in Capital Policy and Cash Allocation under the Three -Year Medium - Term Management Plan 【Revised, Feb.2025 】 Cash inflow 110.0～ Cash outflow 110.0～ Gain on sales of shareholdings 20.0～ Fund procurement through setting the right to Demand Earnings Distribution : 12.0 Net profit 48.0 * Depreciation 40.0 Increase in operating fund-10.0 Capital investment: 30.0 LiB-related investments: 20.0 Shareholder returns including treasury share acquisition: 40.0～ Others (appropriation to future investments and additional shareholder returns): 10.0～ Strategic investment: 10.0 Cash flows from operating activities during three years: 78.0 Fund procurement through setting the right to Demand Earnings Distribution : 12.0 *Not include gain on sales of shareholdings (billion yen)
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 34 FY2025 Results Briefing Mid -term management plan artience2027 Shareholder Return Policy ◼ In 2026, we plan to increase dividends backed by profit growth. Annual dividend per share(yen) 90 90 90 90 100 100 120 Profit attributable to owners of parent (billion yen) 6.0 9.5 9.3 9.7 18.5 10.3 21.0 5.3 5.0 4.8 4.8 5.2 4.8 5.7 5.0 5.7 7.5 10.4 2.1 2026 （Forecast） 2020 2021 2022 2023 2024 2025 87.3% 105.3% 114.5% 49.0% 68.4% 147.8% Total payout ratio （% ） Announced shareholder return (40.0 billion～ for 3 years) Basic policy (3) Money/cash flow management/capital efficiency improvement ⚫ In the event of securing a profit, allocate the surplus cash to strategic investments and increased shareholder returns including treasury share acquisition while retaining the basic policy of paying stable dividends. ⚫ Set the total payout ratio target at 50% or more. Total payout ratio(%)Total dividends(billion yen) Treasury share acquisition (billion yen) Upper limit of 4,500,000 shares or 10.0 billion yen（Acquisition period: August 13, 2024 ～/ May 12, 2025～ within a year period）
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 35 FY2025 Results Briefing Progress of capital investment 3-year total capital investment 3-year capital investment and depreciation expenses FY2024 FY2025 FY2026 （plan） Capital investment 18.4 15.5 17.9 Depreciation 12.1 13.3 13.0 33% 17%25% 25% LiB related Strategic investment （M&A） 10.0 billion yen For dispersions for LiBs FY2025：7.1billion yen→1.9billion yen FY2026：3.0billion yen （3 years total 1.0billion yen ） 【Revised in Feb.2025】 ◼ We are planning total capital investment of 60.0 billion yen over the 3-year period. LiB-related investment has fallen dramatically. We are currently considering M&A within the strategic investment, which is set at 10 billion yen.Expanding further growth and efficiency investment. Basic policy (3) Money/cash flow management/capital efficiency improvement Strategic priority businesses Existing businesses with high profitability Strengthening of foundations for bases in Japan and abroad ◼ Major capital investments * Capital investment: Results shows the amount on an acceptance inspection basis, while the targets shows the amount on an order-placing basis. PSA (India)、new plant(Turkey’s liquid inks and laminating adhesives), Liquide inks(India, Japan), PSA in China (Bold decided in 2025) 17 % 17 % 16 % 25 % 25 % Total 60.0 billion yen additional (growth＋efficiency) Total 60.0 billion yen 【Revised in Feb.2026】
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray Progress on the Medium-Term Management Plan “artience2027” Initiatives to Increase Corporate Value
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 37 FY2025 Results Briefing 9.5 9.3 9.7 18.5 10.3 21.0 4.4% 4.3% 4.2% 7.3% 3.9% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% 0 50 100 150 200 250 ROE 2026 （plan） 2029 （target） Performance trend and target 20242021 2022 2023 2025 Initiatives to improve ROE and capital efficiency 0.49 0.44 0.57 0.61 0.61 PBR Aim to achieve ROE oｆ8.0% in 2026 10.0%～ 8.0% Capital policies • Increase shareholder returns on the basis of the total payout ratio(Treasury share acquisition *1 ), Increase dividends by ¥20 per share in FY2026. • Reduction of shareholdings（Results FY2024:9.5billion yen, FY2025 4.6billion yen）. • Cancellation of treasury shares(Implemented at the end of May 2024 and at the end of May FY2025) Efforts to minimize capital costs • Disclose information in a timely and appropriate manner, step up IR activities including the positive distribution of information and increase dialogues with stakeholders. ◼ ROE fell temporarily under the impact of the impairment losses recorded in 2025. ◼ In 2026, we aim to achieve an ROE exceeding 8.0% supported by improved profitability, and by surpassing our cost of equity (approximately 8%), we intend to drive improvements in PBR. Business portfolio transformation • We are strengthening the profitability of existing businesses with high profitability. • In strategic, high priority businesses, displays (optical pressure sensitive adhesives) and advanced electronics are performing strongly but there are signs of slow growth in some business areas. Increase capital efficiency • Capital efficiency is improving through the introduction of ROIC to the whole company. • We have continuously implemented initiatives to improve the CCC since 2024. In 2025, the CCC was mostly unchanged, going from 111 days the previous year to 112 days. ※1：Upper limit of 4,500,000 shares or 10.0 billion yen（Acquisition period: May 12, 2025 ～May 11, 2026） profit attributable to owners of parent (billion yen)
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray Key Takeaways
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 39 FY2025 Results Briefing Key Takeaways ✓ 半導体関連材料の伸長へ向けた、新たな体制を構築 ✓ Aiming to achieve an ROE of 8.0% or higher at the end of 2026, the final fiscal year of the Medium-term Management Plan ✓ Using the ROIC, reducing shareholdings, and strengthening shareholder returns Giving top priority to investment in growth ✓ Driving growth in core overseas sites such as India and Turkey ✓ Reorganizing the production system for LiB-related products in response to market changes, while maintaining next-generation development Implementing management that emphasizes corporate value improvement ✓ Building a new system to drive growth of semiconductor-related materials
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 40 FY2025 Results Briefing ◼ Website https://www.artiencegroup.com ◼ IR Inquiries ir@artiencegroup.com ◼ IR schedule * The schedule is subject to change without prior notice. • FY2026 Q1： Financial results announcement （May 15）, Results Briefing（May 22） • FY2026 Q2： Financial results announcement （Aug 7）, Results Briefing （Aug 10） • FY2026 Q3： Financial results announcement （Nov 13） , Results Briefing （Nov 20） ◼ Major News Releases • Toyo Ink India Inaugurates New Research Centre in Bengaluru（Feb. 12, 2026） https://www.artiencegroup.com/en/news/2026/26021201.html • TOYO INK 's color scheme tool that allows you to choose the best uniform combination to match the match card is being piloted in the J-League（ Feb. 4, 2026 ） https://www.artiencegroup.com/en/news/2026/26020401.html • artience IR site receives high ratings from three major evaluation agencies （ Jan. 9, 2026 ） https://www.artiencegroup.com/en/news/2026/26010901.html
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 41 FY2025 Results Briefing aTIC－India Aim: To solve the issues faced by customers and brand owners and meet latent needs in one of the world's largest consumption and production areas. Research: Molecular-level research to develop next- generation, sustainable, and high-performance materials for infrastructure, communication, healthcare, energy and advanced electronics Place: Indian Institute of Science (IISc), Bengaluru *One of India's national higher education institutions A top-tier institution dedicated to top-tier STEM research and education in India Opened: February 4, 2026 Opening of First Overseas Research Center in Bengaluru , India
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray Appendix
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 43 FY2025 Results Briefing FY2025 Business Performance (unit：1 billion yen) (unit：1 billion yen) As at Dec.31,2024 As at Dec.31,2025 Interest-bearing debt(1billion yen) 83.9 66.7 New worth ratio(%) 55.4 57.5 D/E ratio 0.39 0.32 FY2025 First Half Year End Dividend (yen/1share) 50 50 As at Dec. 31, 2024 As at Dec. 31, 2025 Consolidated subsidiaries 56 56 Equity method companies 4 5 Results for FY2024 Results for FY2025 Increase/ decrease(%) FY2026 Forecast Net sales 351.1 350.0 -0.3 360.0 Operating profit 20.4 20.8 1.7 23.0 Ordinary profit 21.0 20.9 -0.6 22.5 Profit attributable to owners of parent 18.5 10.3 -44.2 21.0 Operating margin 5.8% 5.9% ＋0.1 (point) 6.4% Overseas sales ratio 55.4% 55.1% -0.3 (point) As at Dec. 31, 2024 As at Dec. 31, 2025 Increase/ decrease(%) Current assets 245.3 227.7 -7.2 Fixed assets 227.5 234.9 3.3 Total assets 472.8 462.6 -2.2 Current liabilities 139.5 106.1 -23.9 Long-term liabilities 59.6 79.3 33.1 Total liabilities 199.0 185.4 -6.9 Total net assets 273.8 277.2 1.3 Total of liabilities and net assets 472.8 462.6 -2.2
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 44 FY2025 Results Briefing Performance by Segment 4th Quarter FY2025 (1 billion yen) Increase/decrease(%) Year on Year Increase/decrease(%) Quarter on Quarter Total Results, FY 2025 (1 billion yen) Increase/decrease(%) Year on Year Net sales Operating Net sales Operating Net sales Operating Net sales Operating Net sales Operating profit profit profit profit profit Colorants and Functional Materials Japan 11.0 0.5 -3.9 -4.3 18.9 - 39.5 0.6 -5.3 -56.2 Overseas 15.5 0.8 -1.2 99.5 -4.2 292.2 62.0 1.4 -3.2 -30.9 Total 21.1 0.9 -0.0 72.3 -3.5 45.6 84.3 2.3 -2.1 -33.1 0 0 Polymers and Coatings Japan 13.9 0.5 -4.4 12.8 0.8 -29.4 55.1 2.1 -1.8 -14.5 Overseas 12.6 1.8 4.7 33.1 3.4 11.3 46.9 6.1 1.5 30.5 Total 23.5 2.4 -0.1 27.9 2.7 4.1 90.3 8.3 2.0 15.9 Packaging Japan 12.4 0.8 -2.0 -4.0 1.4 14.1 48.3 2.7 2.1 13.0 Overseas 13.1 0.8 5.5 3.8 9.0 15.8 46.4 2.8 0.2 -9.2 Total 24.9 1.6 2.1 0.5 5.5 14.3 92.5 5.5 1.1 0.9 Printing and Information Japan 11.1 0.7 3.6 67.5 10.2 42.2 40.7 1.8 1.8 24.6 Overseas 11.9 0.6 -0.7 -2.3 -3.5 -15.3 46.5 2.7 -5.1 -22.9 Total 21.4 1.3 0.3 28.4 2.9 12.3 81.0 4.5 -2.8 -7.3 Others 1.7 -0.1 3.9 - 16.4 - 5.7 0.3 -1.6 - Adjustment -1.0 -0.1 - - - - -3.8 -0.1 - - Total consolidated 91.5 5.9 0.7 27.5 2.1 7.0 350.0 20.8 -0.3 1.7 (Note) The segment performance for Japan and overseas does not take into account eliminations between regions.
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 45 FY2025 Results Briefing Performance by Segment (Quarterly Trends) FY2024 FY2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Net sales Operating profit Net sales Operating profit Net sales Operating profit Net sales Operating profit Net sales Operating profit Net sales Operating profit Net sales Operating profit Net sales Operating profit Colorants and Functional Materials Japan 9.6 0.3 10.8 0.5 9.9 0.0 11.4 0.5 9.0 -0.1 10.3 0.2 9.2 0.0 11.0 0.5 Overseas 14.9 0.3 17.8 0.9 15.6 0.4 15.7 0.4 14.4 0.0 15.9 0.4 16.2 0.2 15.5 0.8 Total 20.1 0.8 23.7 1.4 21.2 0.7 21.1 0.5 19.8 0.5 21.6 0.3 21.9 0.6 21.1 0.9 Polymers and Coatings Japan 12.7 0.4 14.6 0.9 14.3 0.7 14.5 0.4 13.3 0.3 14.2 0.6 13.8 0.7 13.9 0.5 Overseas 10.4 1.0 12.2 1.2 11.7 1.2 12.0 1.3 10.9 1.3 11.3 1.4 12.2 1.6 12.6 1.8 Total 19.9 1.3 22.7 2.2 22.3 1.8 23.6 1.8 21.2 1.6 22.6 2.1 22.9 2.3 23.5 2.4 Packaging Japan 10.8 0.4 11.6 0.6 12.2 0.5 12.6 0.9 11.6 0.6 12.1 0.6 12.2 0.7 12.4 0.8 Overseas 10.9 0.7 11.8 0.8 11.1 0.8 12.4 0.7 10.4 0.6 10.9 0.7 12.0 0.7 13.1 0.8 Total 21.4 1.2 23.0 1.3 22.8 1.3 24.4 1.6 21.6 1.2 22.5 1.3 23.6 1.4 24.9 1.6 Printing and Information Japan 9.3 0.3 10.0 0.5 9.9 0.4 10.7 0.4 9.4 0.3 10.1 0.4 10.1 0.5 11.1 0.7 Overseas 11.7 0.8 12.3 0.9 13.1 1.1 11.9 0.6 11.4 0.7 11.0 0.7 12.3 0.7 11.9 0.6 Total 19.9 1.1 20.8 1.4 21.2 1.4 21.4 1.0 19.3 1.0 19.5 1.1 20.8 1.2 21.4 1.3 Others 1.4 0.0 1.4 -0.1 1.4 -0.0 1.6 -0.3 1.2 0.2 1.4 0.1 1.4 0.1 1.7 -0.1 Adjustment -0.9 -0.0 -1.1 -0.0 -1.1 0.0 -1.1 -0.0 -1.0 0.0 -0.9 0.0 -0.9 -0.0 -1.0 -0.1 Total consolidated 81.7 4.4 90.5 6.2 87.9 5.2 90.9 4.6 82.1 4.5 86.6 4.9 89.7 5.5 91.5 5.9 (Note) The segment performance for Japan and overseas does not take into account eliminations between regions.
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 46 FY2025 Results Briefing (Note) Inter-regional transactions and Company-wide expenses have not been deducted from the figures for each geographical area above. Asia Europe The Americas Adjustment Total consolidated Japan （Note） FY2024 ( 1 billion yen ) Total Net sales Operating profit 191.1 7.3 146.3 9.4 33.0 2.0 25.2 1.9 -44.6 -0.2 351.1 20.4 4th Quarter Net sales Operating profit 51.0 1.9 36.9 2.5 9.5 0.5 5.4 0.1 -11.9 -0.4 90.9 4.6 3rd Quarter Net sales Operating profit 47.7 1.6 37.7 2.6 7.3 0.3 6.3 0.6 -11.1 0.2 87.9 5.2 Net sales 2nd Quarter Operating income 48.6 2.4 38.2 2.5 8.8 0.8 6.8 0.5 -11.8 -0.1 90.5 6.2 Net sales Operating profit 1st Quarter 43.8 1.4 33.5 1.9 7.4 0.3 6.7 0.6 -9.7 0.2 81.7 4.4 Performance by Location FY 2025 4th Quarter FY2025 (1 billion yen) Increase/decrease(%) Year on Year Increase/decrease(%) Quarter on Quarter FY2025 Total Results (1 billion yen) Increase/decrease(%) Year on Year Net sales Operating Net sales Operating Net sales Operating Net sales Operating Net sales Operating profit profit profit profit profit Japan 50.1 2.3 -1.8 23.2 7.1 16.7 189.2 7.5 -1.0 2.7 Asia 37.0 3.1 0.3 25.1 -2.2 10.0 144.4 10.8 -1.3 14.7 Europe 10.0 0.3 5.6 -41.5 16.3 699.6 33.3 0.5 0.8 -72.4 The Americas 5.9 0.6 9.5 354.2 -3.2 58.6 23.7 1.6 -5.9 -11.8 Adjustment -11.4 -0.4 - - - - -40.6 0.3 - - Total consolidated 91.5 5.9 0.7 27.5 2.1 7.0 350.0 20.8 -0.3 1.7
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 47 FY2025 Results Briefing 288.0 315.9 322.1 351.1 350.0 360.0 13.0 6.9 13.4 20.4 20.8 23.0 9.5 9.3 9.7 18.5 10.3 21.0 0 5 10 15 20 25 30 35 40 1 241 2022 2023 2024 2025 2026（targets）2021 Supplemental Financial Data (billion yen) 19.7 17.2 19.2 18.4 15.5 17.9 Results Capital Investment Depreciation ※Capital investment: Results shows the amount on an acceptance inspection basis, while the targets shows the amount on an order-placing basis. 202420232021 2022 2025 2026 （targets） 202420232021 2022 2025 2026 （targets） Net sales Profit attributable to owners of parentOperating profit (billion yen) (billion yen) 9.7 10.7 11.3 12.1 13.3 13.0
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 48 FY2025 Results Briefing Subsegments Major Products Major Applications CF Materials High functional pigments High performance pigments Pastes for color filter Pastes for color filter Resist inks Materials for displays Resist inks Display panels, Sensor for imaging Pigments Pigments, Pigment dispersions Printing inks, Paints for automobiles Plastic colorants Master-batches Compounds Containers, Automobiles Home electronics OA building materials Others Inkjet inks Functional dispersions Billboards, Labels, Cartons Lithium-ion batteries Colorants and Functional Materials Subsegments
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 49 FY2025 Results Briefing Subsegment Major Products Major Applications Functional films and tapes Adhesive tapes, Functional films Smartphones Marking films Signboards Adhesives Pressure sensitive adhesives Labels, Displays Laminating adhesives Packaging films, lithium-ion batteries, solar cells Hot-melt adhesives bookbinding, Body-wrapping labels for PET bottle Paints and resins Can coatings Beverage cans, food cans resins, hard coatings Printing Inks, Architectural paints, Display Others Medical Transdermal patches Natural extracts feeds, foods Polymers and Coatings Subsegments
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 50 FY2025 Results Briefing Printing & InformationOffset inks (General inks) Offset inks, Newspaper inks Books, Newspaper, Flyers, Paper containers Functional inks UV curable inks Paper containers, Labels, Cards, Books Metal decorating ink Beverage cans, Food can Screen inks Electronics, Stickers Printing materials and machinery Offset printing materials, printing machinery Subsegments Major Products Major Applications Packaging Materials Liquid inks Gravure inks Flexographic inks Flexible packaging (Food packaging, Refill pouches) Buildings Diapers, Cartons, Paper bag Gravure printing systems and prepress Gravure printing systems, Gravure and flexographic plate making Packaging Materials, Printing and Information Subsegments
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Off WhiteFuture Green Depth Green Empathy Orange Blue Green Copper Pastel Green Earth Green Soft Orange Gray 51 FY2025 Results Briefing The information disclosed by the Group may contain information on business forecasts or future projections. This information is based on information available at the time of disclosure and certain assumptions that the Group deems reasonable. It may differ from actual results due to various risk factors and other uncertain factors. The information disclosed by the Group is intended to provide information for deepening stakeholders' understanding about the Group, and it is not intended to solicit investment. Please note that the Group accepts no liability whatsoever for any monetary or non-monetary damages arising in connection with the information disclosed by the Group. All amounts are rounded to the nearest 100 million yen. Caution: