Interim report
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DISCLAIMER : This document has been translated from a part of the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . Consolidated Financial Results for the Six Months Ended June 30 , 2026 ( Under Japanese GAAP ) Company name : TAZMO CO . , LTD . Listing : Tokyo Stock Exchange Securities code : 6266 URL : Representative : Inquiries : Telephone : https://tazmo.co.jp/irlibrary/#irlib-report01 Yasuyuki Sato , Representative Director and President Hisao Yoshikuni , Managing Director , Head of Management Headquarters + 81-86-239-5000 Scheduled date to file semi - annual securities report : August 10 , 2026 Scheduled date to commence dividend payments : Preparation of supplementary material on financial results : Holding of financial results briefing : - August 10 , 2026 Yes Yes ( for analysts ) ( Yen amounts are rounded down to millions , unless otherwise noted . ) 1. Consolidated financial results for the six months ended June 30 , 2026 ( from January 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated operating results ( cumulative ) Net sales Operating profit Ordinary profit ( Percentages indicate year - on - year changes . ) Profit attributable to owners of parent Six months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % June 30 , 2026 12,684 ( 24.4 ) 123 ( 95.1 ) 270 ( 88.6 ) 35 ( 97.8 ) June 30 , 2025 16,787 3.4 2,517 ( 11.2 ) 2,384 ( 20.0 ) 1,645 ( 20.4 ) Note : Comprehensive income For the six months ended June 30 , 2026 : For the six months ended June 30 , 2025 : Basic earnings per share ¥ 326 million ¥ 932 million [ ( 64.9 ) % ] [ ( 67.4 ) % ] Diluted earnings per share Six months ended June 30 , 2026 June 30 , 2025 Yen Yen 2.48 113.29 ( 2 ) Consolidated financial position Total assets Net assets Equity - to - asset ratio Millions of yen Millions of yen % 48,520 26,907 54.4 46,893 27,037 56.6 As of June 30 , 2026 December 31 , 2025 Reference : Equity As of June 30 , 2026 : As of December 31 , 2025 : ¥ 26,391 million ¥ 26,542 million 2 . Cash dividends Net assets per share Yen 1,821.00 1,834.03 Annual dividends per share First quarter - end Second quarter - end Third quarter - end Fiscal year - end Total Yen Yen Yen Yen Yen 0.00 34.00 34.00 Fiscal year ended December 31 , 2025 Fiscal year ending December 31 , 2026 Fiscal year ending December 31 , 2026 ( Forecast ) Note : Revisions to the forecast of cash dividends most recently announced : None 0.00 34.00 3. Forecast of consolidated financial results for the fiscal year ending December 31 , 2026 ( from January 1 , 2026 to December 31 , 2026 ) Fiscal year ending December 31 , 2026 34.00 Net sales Operating profit Ordinary profit ( Percentages indicate year - on - year changes . ) Profit attributable to Basic earnings per share owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen 35,500 0.2 3,600 ( 24.5 ) 3,500 ( 30.1 ) 2,500 ( 29.4 ) 170.65 Note : Revisions to the earnings forecasts most recently announced : None
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* Notes (1) Significant changes in the scope of consolidation during the period: None (2) Adoption of accounting treatment specif ic to the preparation of semi-annual consolidated financial statements: Yes (3) Changes in accounting policies, change s in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policie s due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 14,842,354 shares As of December 31, 2025 14,842,354 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 349,418 shares As of December 31, 2025 370,046 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Six months ended June 30, 2026 14,479,568 shares Six months ended June 30, 2025 14,521,181 shares * Semi-annual financial results reports are exempt from revi ew conducted by certified public accountants or an audit firm. * Proper use of earnings foreca sts, and other special matters (Cautions on forward-looking statements, etc.) The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors. For the conditions on which earnings forecasts are predicated and precautions for the use of earnings forecasts, please refer to Appendix P.4 "1. Qualitative Information on the Interim Financial Results (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."
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Semi-annual consolidated balance sheet (Thousands of yen) As of December 31, 2025 As of June 30, 2026 Assets Current assets Cash and deposits 16,274,465 14,775,526 Notes and accounts receivable - trade 3,019,861 3,417,060 Electronically recorded monetary claims - operating 2,539,187 1,950,981 Inventories 15,410,284 17,205,618 Other 650,779 1,068,381 Allowance for doubtful accounts (84,608) (34,054) Total current assets 37,809,969 38,383,513 Non-current assets Property, plant and equipment Buildings and structures, net 3,672,924 3,654,028 Machinery, equipment and vehicles, net 1,651,827 2,148,103 Land 1,449,516 1,449,516 Other, net 1,038,510 1,624,948 Total property, plant and equipment 7,812,778 8,876,596 Intangible assets Software 154,900 150,621 Other 44,566 43,260 Total intangible assets 199,466 193,882 Investments and other assets Investment securities 23,924 26,603 Deferred tax assets 651,882 634,022 Other 395,188 405,489 Total investments and other assets 1,070,995 1,066,114 Total non-current assets 9,083,241 10,136,594 Total assets 46,893,210 48,520,108
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(Thousands of yen) As of December 31, 2025 As of June 30, 2026 Liabilities Current liabilities Notes and accounts payable - trade 1,565,571 2,454,172 Electronically recorded obligations - operating 2,011,901 532,996 Short-term borrowings 3,265,446 3,587,295 Accounts payable - other 1,595,168 1,784,901 Income taxes payable 912,101 235,683 Contract liabilities 3,659,601 6,216,797 Provision for bonuses 337,947 311,498 Provision for product warranties 638,228 501,533 Provision for share awards 11,183 6,709 Other 395,937 260,690 Total current liabilities 14,393,086 15,892,279 Non-current liabilities Long-term borrowings 4,645,009 4,852,822 Provision for share awards 344,706 358,449 Provision for retirement benefits for directors (and other officers) 35,040 37,336 Retirement benefit liability 82,711 74,771 Asset retirement obligations 211,336 266,082 Other 143,921 131,095 Total non-current liabilities 5,462,724 5,720,558 Total liabilities 19,855,811 21,612,837 Net assets Shareholders' equity Share capital 3,568,590 3,568,590 Capital surplus 3,420,931 3,423,160 Retained earnings 19,140,774 18,678,839 Treasury shares (739,532) (699,822) Total shareholders' equity 25,390,763 24,970,768 Accumulated other comprehensive income Valuation difference on available-for-sale securities (176) (146) Foreign currency translation adjustment 1,152,556 1,421,448 Remeasurements of defined benefit plans (486) (501) Total accumulated other comprehensive income 1,151,892 1,420,801 Non-controlling interests 494,741 515,701 Total net assets 27,037,398 26,907,270 Total liabilities and net assets 46,893,210 48,520,108
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Semi-annual consolidated statement of income (Thousands of yen) Six months ended June 30, 2025 Six months ended June 30, 2026 Net sales 16,787,505 12,684,558 Cost of sales 11,556,351 9,086,206 Gross profit 5,231,153 3,598,351 Selling, general and administrative expenses 2,713,212 3,475,112 Operating profit 2,517,941 123,239 Non-operating income Interest income 28,259 80,221 Foreign exchange gains - 89,677 Subsidy income 2,706 2,438 Other 17,791 20,859 Total non-operating income 48,756 193,197 Non-operating expenses Interest expenses 40,838 42,167 Foreign exchange losses 121,327 - Other 20,296 3,369 Total non-operating expenses 182,462 45,536 Ordinary profit 2,384,235 270,900 Extraordinary income Gain on sale of non-current assets 16,592 - Total extraordinary income 16,592 - Profit before income taxes 2,400,828 270,900 Income taxes 746,938 232,449 Profit 1,653,890 38,451 Profit attributable to non-controlling interests 8,856 2,571 Profit attributable to owners of parent 1,645,033 35,879
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Semi-annual consolidated statement of comprehensive income (Thousands of yen) Six months ended June 30, 2025 Six months ended June 30, 2026 Profit 1,653,890 38,451 Other comprehensive income Valuation difference on available-for-sale securities (121) 30 Foreign currency translation adjustment (721,527) 288,398 Remeasurements of defined benefit plans, net of tax - (14) Share of other comprehensive income of entities accounted for using equity method (144) (39) Total other comprehensive income (721,793) 288,374 Comprehensive income 932,096 326,825 Comprehensive income attributable to Comprehensive income attributable to owners of parent 974,876 304,788 Comprehensive income attributable to non-controlling interests (42,780) 22,037
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Semi-annual consolidated statement of cash flows (Thousands of yen) Six months ended June 30, 2025 Six months ended June 30, 2026 Cash flows from operating activities Profit before income taxes 2,400,828 270,900 Depreciation 462,925 522,290 Gain on sale of non-current assets (16,592) - Increase (decrease) in allowance for doubtful accounts (11,349) (50,554) Increase (decrease) in provision for bonuses (83,445) (26,449) Decrease (increase) in Provision for Employee Stock Ownership Plan Trust 27,969 27,482 Decrease (increase) in trade receivables 1,650,018 249,711 Decrease (increase) in inventories 1,050,026 (1,676,954) Increase (decrease) in trade payables (1,897,565) (663,365) Increase (decrease) in contract liabilities 1,597,512 2,403,223 Other, net 345,226 (605,965) Subtotal 5,525,553 450,318 Income taxes paid (1,118,545) (826,828) Other payments (12,579) 40,492 Net cash provided by (used in) operating activities 4,394,428 (336,016) Cash flows from investing activities Net decrease (increase) in time deposits (3,759,859) 1,056,368 Purchase of investment securities (60) (60) Proceeds from sale of property, plant and equipment 18,338 - Purchase of property, plant and equipment (749,500) (1,327,090) Purchase of intangible assets (34,371) (25,589) Other, net (14,902) 5,483 Net cash provided by (used in) investing activities (4,540,355) (290,888) Cash flows from financing activities Net increase (decrease) in short-term borrowings - 170,000 Proceeds from long-term borrowings 2,000,000 2,000,000 Repayments of long-term borrowings (1,510,812) (1,640,338) Dividends paid (488,246) (497,094) Dividends paid to non-controlling interests (5,390) (1,078) Purchase of treasury shares (511,766) (167) Other, net (40,114) (23,432) Net cash provided by (used in) financing activities (556,329) 7,889 Effect of exchange rate change on cash and cash equivalents (311,313) 129,029 Net increase (decrease) in cash and cash equivalents (1,013,570) (489,986) Cash and cash equivalents at beginning of period 9,733,357 13,946,965 Cash and cash equivalents at end of period 8,719,787 13,456,978
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(Notes on segment information, etc.) Segment Information I. Previous interim consolidated accounting period (January 1, 2025 to June 30, 2025) Information on sales and the amount of profit or loss for each reported segment, as well as revenue breakdown information (Thousands of yen) Reportable segments Total Adjustment amount (Note) 2 Interim Consolidated Statements of Income (Note)3 Process Equipment Business, Reportable segments Precision Molding Dies and Plastic Moldings Business Surface Treatment Equipment Business Sales Semiconductor equipment 7,088,466 - - 7,088,466 - 7,088,466 Conveying equipment 3,911,287 - - 3,911,287 - 3,911,287 Cleaning equipment 1,194,168 - - 1,194,168 - 1,194,168 Molds & Resin Molding - 606,506 - 606,506 - 606,506 Equipment for surface treatment - - 3,987,076 3,987,076 - 3,987,076 Revenue generated from customer contracts 12,193,922 606,506 3,987,076 16,787,505 - 16,787,505 Other Earnings - - - - - - Revenues from external customers 12,193,922 606,506 3,987,076 16,787,505 - 16,787,505 Transactions with other se gments 141,832 50,086 - 191,919 (191,919) - Total 12,335,755 656,592 3,987,076 16,979,424 (191,919) 16,787,505 Segment Profit 1,920,353 56,015 517,046 2,493,415 24,526 2,517,941 Note: 1. Since the first quarter of the fiscal year ending December 31, 2026 and the first quarter of the consolidated accounting period, the method of classifying "coaters" in the process equipment business has been changed to include them in the category of "semiconductor equipment," and the segment information for the previous interim consolidated accounting period is also included in the segment information prepared according to the changed classification method. 2. Segment profit adjustments are adjustments to unrealized profits related to inter-segment transactions. 3. Segment profit is consistent with operating income in the interim consolidated statements of income. II. Interim Consolidated Accounting Period (January 1, 2026 to June 30, 2026) Information on sales and the amount of profit or loss for each reported segment, as well as revenue breakdown information (Thousands of yen) Reportable segments Total Adjustment amount (Note) 2 Interim Consolidated Statements of Income (Note)3 Process Equipment Business, Reportable segments Precision Molding Dies and Plastic Moldings Business Surface Treatment Equipment Business Sales Semiconductor equipment 6,080,216 - - 6,080,216 - 6,080,216 Conveying equipment 3,452,604 - - 3,452,604 - 3,452,604 Cleaning equipment 1,135,474 - - 1,135,474 - 1,135,474 Molds & Resin Molding - 563,952 - 563,952 - 563,952 Equipment for surface treatment - - 1,452,311 1,452,311 - 1,452,311 Revenue generated from customer contracts 10,668,294 563,952 1,452,311 12,684,558 - 12,684,558 Other Earnings - - - - - - Revenues from external customers 10,668,294 563,952 1,452,311 12,684,558 - 12,684,558 Transactions with other segments 339,101 4,172 - 343,273 (343,273) - Total 11,007,396 568,124 1,452,311 13,027,831 (343,273) 12,684,558 Segment profit or loss (loss) 220,593 (2,083) (89,924) 128,585 (5,346) 123,239 Note: 1. the fiscal year ending December 31, 2026Effective in the first quarter of the consolidated accounting period, the "coater" in the process equipment business has been included in the "semiconductor equipment" category. 2. Adjustments to segment profits or losses (loss) are adjustments to unrealized profits related to inter-segment transactions. 3. Segment profit or loss (loss) is consistent with operating income in the interim consolidated statements of income.