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Aug 6 , 2026 PILLAR PILLAR Corporation Financial Results Presentation Material Q1 for Fiscal Year Ending March 31 , 2027 Tokyo Stock Exchange Prime Market 6490
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Contents 2© PILLAR Corporation Full-year Earnings Forecast for the FYE March 31, 202702 Reference Materials①：Corporate Profile03 Business Performance for Q1 of FYE March 31, 202701 Reference Materials②：Key Indexes04
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Business Performance for Q1 of FYE March 31, 2027 © PILLAR Corporation 3
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4 Financial Highlights FY2027 Q1 Results Sales / Orders received Against the backdrop of a recovery in the semiconductor market, both sales and income increased significantly year-on-year. Year-on-Year: Sales +4.8 billion yen（+35.6％） Operating Income +2.2 billion yen（+83.4％） ■ The electronic equipment business recorded sales of 13.7 billion yen, a 53.6% increase compared to the same period last year, due to expanded sales of products for the semiconductor industry. ■ Operating income for this segment rose to 4.4 billion yen, a 112.4% increase compared to the same period last year, driving the company-wide sharp increase in income. ■ Domestic sales of products for the semiconductor market performed at an even higher level than the strong previous quarter. FY2027 Forecast Income TOPICS © PILLAR Corporation We have upwardly revised our forecast based on strong Q1 results and robust demand for products for the semiconductor market. YoY +23.5 billion yen：+39.5％83.0 billion yenSales Operating Income 20.0 billion yen YoY +7.8 billion yen：+65.2％ Full-year Dividend 245 yen/share YoY +115 yen/share Y o Y)(+ 35.6％billion yen18.3Sales: Y o Y)(+ 88.3％billion yen27.2Orders received: Y o Y)(+ 91.6％billion yen25.4Order backlog: Y o Y)(+ 83.4％billion yen4.9Operating income: Y o Y)(+ 94.2％billion yen5.3Ordinary income: Y o Y)(+ 85.8％billion yen3.6Net income
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5 Summary of Business Performance for Q1 of FYE March 31, 2027 Consolidated By Segment Electronic Equipment Business 53.64,78613,7108,923Sales 112.42,3684,4752,106Operating income Industrial Equipment Business 0.4174,5844,566Sales -18.7-111482593Operating income Year-on-YearFY26 Q1FY25 Q1(Unit： Million Yen) Change rate(％)ChangeResultsResults 35.64,80418,30413,499Sales 83.42,2574,9632,705Operating income ―7.1P27.1%20.0%Operating income ratio 94.22,6055,3712,765Ordinary income 85.81,6963,6731,977Net income ―75.74160.6984.95Net earnings per share(Yen) © PILLAR Corporation
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6 Trends of Company-wide Performance Sales and operating income made new quarterly highs. Operating income and operating income ratio grew substantially due to expanded sales of products for the semiconductor market. Operating income ratio improved by 7.1 percentage points year-on-year, reaching a high level of 27.1%. 10,704 12,732 13,096 13,499 18,304 FY22 1Q FY23 1Q FY24 1Q FY25 1Q FY26 1Q Sales Sales (Unit： Million Yen) 2,975 3,075 2,496 2,705 4,963 27.8% 24.2% 19.1% 20.0% 27.1% FY22 1Q FY23 1Q FY24 1Q FY25 1Q FY26 1Q Operating income Operating income ratio Operating Income/OP Income Ratio (Unit： Million Yen) YoY +83.4% YoY +35.6% © PILLAR Corporation
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7 Sales/OP Income/OP Income Ratio(Unit： Million Yen) Electronic Equipment Business Performance Trends Quarterly Trends(Unit： Million Yen) © PILLAR Corporation Both segment sales and OP income increased. →Sales +53.6％ YoY →OP Income +112.4% YoY Sales and income hit record highs on a quarterly basis. Expanded sales of products for the semiconductor market drove the segment’s performance. Operating income ratio rose to over 30% due to high equipment utilization rates and improved productivity associated with increased production. 7,959 9,093 8,883 8,923 13,710 2,461 2,703 2,077 2,106 4,475 30.9% 29.7% 23.4% 23.6% 32.6% FY22 1Q FY23 1Q FY24 1Q FY25 1Q FY26 1Q Sales Operating income Operating income ratio 8,883 10,633 9,129 10,388 8,923 9,504 10,064 10,865 13,710 2,077 2,681 1,939 2,111 2,106 2,072 2,408 2,476 4,475 23.4% 25.2% 21.2% 20.3% 23.6% 21.8% 23.9% 22.8% 32.6% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY24 FY25 FY26 Sales Operating income Operating income ratio
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8 Sales/OP Income/OP Income Ratio(Unit： Million Yen) Industrial Equipment Business Performance Trends Quarterly Trends(Unit： Million Yen) © PILLAR Corporation Segment sales increased while OP income decreased →Sales +0.4％ YoY →OP Income -18.7％ YoY Orders for mechanical seals for precision machinery (RJ) continued to grow, with order backlogs remaining at high levels. Tanken Seal Seiko posted a slight decline in sales and OP income, but expects OP income to rebound from the second quarter onward. Operating income decreased due to rising labor costs, changes in product mix, and other factors. 2,733 3,627 4,202 4,566 4,584 505 364 411 593 482 18.5% 10.0% 9.8% 13.0% 10.5% FY22 1Q FY23 1Q FY24 1Q FY25 1Q FY26 1Q Sales Operating income Operating income ratio 4,202 4,793 4,480 5,441 4,566 5,145 4,654 5,718 4,584 411 639 568 882 593 818 638 971 482 9.8% 13.3% 12.7% 16.2% 13.0% 15.9% 13.7% 17.0% 10.5% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY24 FY25 FY26 Sales Operating income Operating income ratio
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9 Analysis of Increase/Decrease in Sales for Q1 of FYE March 31, 2027 © PILLAR Corporation Increase/Decrease +4,804 YoY +35.6% Industrial Equipment Business Electronic Equipment Business Others 18,304＋4,786 ＋17 +2 13,499 (Unit： Million Yen) FY25 1Q FY26 1Q
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Others Impact of Sales Amount（including price revisions） Impact of material costs, outsourcing, product mix, processing costs, etc. Production costs Sales and administration costs +2,800 －300 －650 4,963 2,705 +410 FY25 1Q FY26 1Q Increase/Decrease +2,257 YoY +83.4% －2 10 Analysis of Increase/Decrease in Operating Income for Q1 of FYE March 31, 2027 Sales growth from expanded sales of products for the semiconductor market boosted operating income significantly. Improved productivity associated with increased production, as well as changes in product mix, contributed to the income growth. Operating income rose 83.4% year-on-year, offsetting increases in labor, R&D, and other costs. © PILLAR Corporation (Unit： Million Yen)
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2,276 2,482 3,178 723 981 4,594 3,873 3,213 958 900 10,198 10,869 14,246 2,544 4,388 17,067 17,225 20,638 4,226 6,270 29.1% 29.7% 34.7% 31.3% 34.3% FY23 FY24 FY25 FY25 1Q FY26 1Q Europe, etc USA Asia Overseas sales ratio 11 Trends of Overseas Sales +3.0P+5.0P +0.6P © PILLAR Corporation (Unit： Million Yen)
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12 Semiconductor and liquid crystal Sales by Market (Non-consolidated) © PILLAR Corporation 992 969 FY25 1Q FY26 1Q 1,154 1,144 FY25 1Q FY26 1Q Chemical and others Oil, steel and transportation Civil engineering and construction 233 258 FY25 1Q FY26 1Q 364 395 FY25 1Q FY26 1Q 131 100 FY25 1Q FY26 1Q Electric power and energy Public demand Sales were strong both in Japan and overseas, with RJ performing steadily. While demand from North America and China decreased, scheduled plant maintenance and other projects remained firm. Despite the reactionary decline in sales from one- off orders recognized last year, projects related to scheduled maintenance and safety measures remained solid. Projects for public and logistics facilities were secured. Equipment renewal projects remained sluggish. Nuclear power spare parts enjoyed strong sales. Sales for thermal power generation also did well. (Unit： Million Yen) 8,526 14,528 FY25 1Q FY26 1Q 11,426 17,422 FY25 1Q FY26 1Q Others Public demand Electric power and energy Civil engineering and construction Oil, steel and transportation Chemical and others Semiconductor and liquid crystal
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13 Orders received (Unit： Million Yen) Trends of Orders Received and Order Backlog Order backlog (Unit： Million Yen) © PILLAR Corporation 7,435 7,954 6,728 6,442 11,602 19,226 4,882 5,326 4,744 4,954 4,917 6,216 12,317 13,281 11,472 11,396 16,520 25,442 Full year 1Q 2Q 3Q 4Q 1Q FY24 FY25 FY26 Electronic Equipment Business Industrial Equipment Business 35,502 9,443 8,277 9,778 16,026 43,525 21,333 19,686 5,010 4,563 4,864 5,682 20,121 5,883 55,189 14,454 12,841 14,642 21,708 63,647 27,217 Full year 1Q 2Q 3Q 4Q Full year 1Q FY24 FY25 FY26 Electronic Equipment Business Industrial Equipment Business
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Full-year Earnings Forecast for the FYE March 31,2027 © PILLAR Corporation 14
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15 Summary of Full-Year Earnings Forecast for the FYE March 31,2027 By Segment Year-on-YearFY26FY25(Unit： Million Yen) Change rate(％)ChangeRevised ForecastPrevious ForecastResults 39.523,52183,00070,00059,479Sales 65.27,89320,00015,50012,107Operating income -3.7P24.1%22.1%20.4%Operating income ratio 57.67,45420,40015,50012,946Ordinary income 56.65,05914,00010,7008,941Net income -224.2612.39468.04388.19Net earnings per share(Yen) -115245188130Dividend(Yen) Consolidated © PILLAR Corporation ■Revised upward from the previous forecast on May 14, 2026. Electronic Equipment Business 57.322,54261,90048,90039,358Sales 85.37,73616,80012,3009,064Operating Income Industrial Equipment Business 5.11,01521,10021,10020,085Sales 5.91793,2003,2003,021Operating Income
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13,842 14,206 11,335 12,107 20,000 10,428 10,780 8,299 8,941 14,000 28.4% 24.2% 19.5% 20.4% 24.1% 0 5,000 10,000 15,000 20,000 25,000 FY22 FY23 FY24 FY25 FY26(予) Operating income Net income Operating income ratio 48,702 58,605 57,988 59,479 83,000 FY22 FY23 FY24 FY25 FY26(予) Sales Operating Income / Current Net Income / OP Income Ratio (Unit： Million Yen) 16 Trends of Company-wide Performance Both sales and operating income set record highs; For the first time, sales surpassed the 80-billion-yen mark and operating income topped the 20-billion-yen mark. Orders for products targeting the semiconductor market will remain at record-high levels, and sales are expected to continue growing. Although labor and other costs are expected to rise due to an increase in personnel to support production increase and business expansion, we project an operating income ratio of 24.1%. Sales (Unit： Million Yen) Forecast Forecast
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36,819 40,475 39,034 39,358 61,900 FY22 FY23 FY24 FY25 FY26(予) Sales 11,759 11,255 8,810 9,064 16,800 31.9% 27.8% 22.6% 23.0% 27.1% FY22 FY23 FY24 FY25 FY26(予) Operating income Operating income ratio 17 売上高 (単位： 百万円) Electronic Equipment Business Performance Trends 営業利益・営業利益率(単位： 百万円) Expecting record-high levels of orders for products targeting the semiconductor market to continue, we upwardly revised full-year sales and operating income forecasts. To meet brisk demand, we will move forward with efforts to expand production facilities and secure personnel ahead of schedule. Against the backdrop of growing demand in the semiconductor market, we will increase investments in production equipment and automation. Sales (Unit： Million Yen) Operating Income / OP Income Ratio (Unit： Million Yen) Forecast Forecast
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18 11,844 18,093 18,917 20,085 21,100 FY22 FY23 FY24 FY25 FY26(予) Sales 売上高 (単位： 百万円) Industrial Equipment Business Performance Trends 2,059 2,928 2,501 3,021 3,200 17.4% 16.2% 13.2% 15.0% 15.2% FY22 FY23 FY24 FY25 FY26(予) Operating income Operating income ratio 営業利益・営業利益率(単位： 百万円) Full-year earnings forecast remains unchanged from the initially announced figures. While we see a reactionary decline in overseas repair projects, sales of rotary joints for the semiconductor market are expected to grow. Operating income ratio is expected to improve to 15.2% due mainly to improved production efficiency resulting from the expansion of rotary joint production. Sales (Unit： Million Yen) Operating Income / OP Income Ratio (Unit： Million Yen) Forecast Forecast
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19 Analysis of Increase/Decrease in FYE March 31, 2027 Sales FY25 FY26 Forecast Industrial Equipment BusinessElectronic Equipment Business ＋22,542 ＋1,015 (Unit： Million Yen) Increase/Decrease +23,521 YoY +39.5% Other 83,000－36 59,479
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20 Analysis of Increase/Decrease in FYE March 31, 2027 Operating Income Operating income was boosted by expanded sales of products for the semiconductor market and a higher proportion of high-margin products. Reflecting an increase in personnel to support production increase and business expansion, labor costs have been revised upward by 1.9 billion yen year-on-year and by 1.4 billion yen compared to the initial forecast. Depreciation costs (+1 billion yen) and R&D costs (+500 million yen) remain unchanged from the initial forecast, and operating income is expected to reach 20 billion yen. Increase/Decrease ＋7,893 YoY ＋65.2% 12,107 20,000 (Unit： Million Yen) FY25 FY26 Forecast Other Impact of Sales Amount (including price revisions) Impact of material costs, outsourcing, product mix, processing costs, etc. Production costs Sales and administration costs ＋11,500 －2,600 －2,000 －7＋1,000
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21 Return to Shareholders Under the new medium-term management plan “One2030,” the target consolidated dividend payout ratio has been raised from 30% to 40%. Following the upward revision of the earnings forecast, the annual dividend forecast has been increased from 188 yen to 245 yen per share. We plan to increase dividend by 115 yen from the previous fiscal year’s actual results and expect a consolidated dividend payout ratio of 40.0%. 442.99 462.57 355.82 388.19 612.39 133 159 125 130 245 30.0% 34.4% 35.1% 33.5% 40.0% FY22 FY23 FY24 FY25 FY26(予) Net earnings per share (Yen) Annual Dividend (Yen) Payout ratio (Unit：Yen) Current net income per share / Dividend / Payout ratio Target payout ratio until FY2025 30% or more Special dividend: ¥10/share Commemorative dividend: ¥10/share © PILLAR Corporation Target payout ratio starting in FY2026 40% *Ref.: Until FY2025, the target consolidated payout ratio was 30% or more. Forecast
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Reference Materials①：Corporate Profile 22© PILLAR Corporation
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Company Information 1924Established Yoshinobu IwanamiRepresentative Tokyo Stock Exchange Prime Market （code:6490） Stock Exchange Listing JPY 4,966 millionCapital Manufacturing and selling fluid control equipmentBusiness 1,308 (consolidated: As of March 31,2026) Number of Employees JPY 59,479 million (consolidated: As of March 31,2026)Sales Purpose Origin of our Company Name This naming originated from our first product developed in 1924, the “Patented Pillar Packing No. 1”, which was shaped like a pillar. © PILLAR Corporation 23 Corporate Principles ・ Quality First ・ Cooperation and Harmony ・ Steady Research Creating a future that supports society Minimizing energy consumption and maximizing benefits C L E A N Safety first and peace of mind at all timesS A F E T Y Always at the cutting edge and seeking out new fieldsF R O N T I E R
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Main Devices Delivered Plant utility equipment 24 Electronic Equipment Business Main Products and Delivery Destinations Our product groups that take advantage of fluororesin’s properties such as “cleanliness”, “chemical resistance”, “heat resistance” and “low friction” Fluororesin fittings and tubes are unaffected by various chemical liquids. Therefore, they are used in cleaning devices for silicon wafers, which are the foundation of semiconductors. Additionally, due to their low frictional properties, fluororesin products are used in seismic isolation devices that protect buildings from earthquake shaking. © PILLAR Corporation PILAFLON TM (Fluororesin Product Groups) Main Products Main Delivery Destinations Fluororesin Substrates Cleaning device Semiconductor CMP device Building Connecting bridge Connecting corridor Liquid crystal Data center Coating and developing device Semiconductor Field Main Delivery Destinations Architecture Field Main Delivery Destinations Telecommunication Field 写真 Automobile(Sensor) Fittings, Tubes, etc. Seismic Isolation Devices 写真 Chemical supply device
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Maintenance Needs 25 Industrial Equipment Business Main Products and Delivery Destinations Mechanical Seals, Gland Packings These devices prevent leak of fluid under extreme conditions of high temperature and high pressure, and are used in pumps and valves in oil refining and chemical plants. Gaskets These parts prevent leaks of fluid at pipe connections and are used in automobile exhaust system. © PILLAR Corporation Main Products Main Delivery Destinations Main Devices Delivered Gland Packing：G Gasket：V Electric Power （M/G/V） Chemical Plant （M/G/V） Semiconductor （M） Social Infrastructure （M/G/V） Mechanical Seal：M 写真 Pump Valve Agitator CMP device Automobile （V） （Internal combustion engine, muffler etc.）
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26 Our Advantages① Over 100 years of material development capabilities Over the past 100 years, we have been conducting independent research and development in various materials, including those used for gas and liquid, at both high temperatures and low temperatures. Because we have a thorough understanding of material properties, we are capable of fulfilling the requirements of all customers and markets by providing a wide range of solutions. Based on our cultivated material development capabilities, we are expanding into new markets such as EVs, hydrogen and next-generation telecommunication (5G/6G). © PILLAR Corporation Our research of Materials PTFE PFA Expanded graphite Carbonized fiber Si/SiC Etc. Hydrogen Fuel Data Communication EV Medical Co-developing products with our customers Expanding into new markets SemiconductorElectric Power Automobile Architecture Chemical Plant
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Contributing to resolving our customers’ issues 27 Our Advantages② Material×Technology×Abundant Fluid Solutions In the Electronic equipment business, leveraging our deep understanding of material properties, we are able to utilize injection molding technology for shapes commonly requiring cutting as our technology improves. In the Industrial equipment business, by leveraging our three product groups specializing in sealings, we offer tailored fluid control solutions for our customers and work together to solve their problems. © PILLAR Corporation Deep understanding of Material properties Technologies of injection molding, mold and product design Developing products in response to different needs Electronic Equipment Business Providing fluororesin products for high-tech market Industrial Equipment Business Delivering fluid control solutions through our three product groups : Mechanical Seal, Gland Packing and Gasket Combining and processing materials An abundant product line for liquid control
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28 Sales by Segment and Trend in the Composition Ratio © PILLAR Corporation 27,225 29,461 30,963 29,213 30,200 40,670 48,702 58,605 57,988 59,479 60.4% 66.2% FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 産業機器関連事業 電子機器関連事業 電子機器関連事業の売上構成比 (Unit： Million Yen)
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Reference Materials②：Key Indexes 29© PILLAR Corporation
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9.1 8.9 9.1 6.2 7.8 16.8 18.6 16.7 11.5 11.7 7.0 6.8 7.1 5.0 6.4 13.8 15.2 12.6 8.4 8.8 2.4 2.3 2.7 2.3 2.7 5.1 5.6 5.7 4.0 3.9 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 ROE ROA DOE 30 Sales/Operating Income(Unit： Million Yen) Long-term Trend of Key Indexes ROE・ROA・DOE (Unit: %) © PILLAR Corporation 29,461 30,963 29,213 30,200 40,670 48,702 58,605 57,988 59,479 83,000 5,161 5,126 3,683 4,847 11,392 13,842 14,206 11,335 12,107 20,000 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26(予) Sales Operating income Forecast
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Long-term Trend of P/L 31 FY25FY24FY23FY22FY21FY20FY19FY18FY17FY16(Unit： Million Yen) 59,47957,98858,60548,70240,67030,20029,21330,96329,46127,225Sales 2.6%-1.1％20.3%19.7%34.7%3.4%-5.7%5.1%8.2%18.6%YoY 12,10711,33514,20613,84211,3924,8473,6835,1265,1615,166Operating Income 6.8%-20.2％2.6%21.5%135.0%31.6%-28.2%-0.7%-0.1%48.9%YoY 12,94611,47415,09814,13611,8215,0943,7255,2275,1565,255Ordinary Income 12.8%-24.0％6.8%19.6%132.1%36.8%-28.7%1.4%-1.9%50.4%YoY 8,9418,29910,78010,4288,2853,4452,6353,7193,4223,204Net Income 7.7%-23.0％3.4%25.9%140.5%30.7%-29.1%8.7%6.8%33.7%YoY 388.19355.82462.57442.99350.47144.66108.57152.13139.98131.06Net earnings per share（Yen） 3,473.943,165.523,001.022,548.192,227.161,937.021,781.161,724.931,629.391,502.79Net assets per share（Yen） 1301251591331065040453634Dividend per share（Yen） 11.711.516.718.616.87.86.29.18.99.1ROE（％） 8.88.412.615.213.86.45.07.16.87.0ROA（％） © PILLAR Corporation
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Long-term Trend of B/S 32 FY25FY24FY23FY22FY21FY20FY19FY18FY17FY16(Unit： Million Yen) 54,35551,00849,27444,60538,05027,99427,02528,37528,82129,832Current assets 51,27347,04649,56127,88626,94126,95526,16524,59722,71719,514Non-current assets 105,62998,05598,83572,49264,99154,94953,19052,97251,53949,347Total assets 12,70810,60014,07810,49210,1137,1338,3138,6088,9609,193Current liabilities 13,50113,59614,8072,6312,2192,0381,8662,1943,1373,413Non-current liabilities 79,41873,85869,94959,36852,65845,77643,01042,16939,83436,740Net assets 75.275.370.881.981.083.380.979.677.374.5Equity Ratio（％） 427.7481.2350.0425.1376.2392.5325.1329.6321.7324.5Current Ratio（％） 64.663.770.947.051.258.960.858.357.053.1Fixed Assets to Equity Ratio（％） 33.032.841.322.123.420.023.725.630.434.3Debt to Equity Ratio （％） © PILLAR Corporation
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33 Long-term Trend of C/F FY25FY24FY23FY22FY21FY20FY19FY18FY17FY16(Unit： Million Yen) 15,12614,1845,6406,05811,9505,6764,0645,0353,7523,220Cash flow from operating activities -5,882-6,807-16,197-573-1,551-3,705-2,950-3,902-3,244-2,363Cash flow from investing activities -5,316-3,9595,323-2,790-1,711-2,238-1,862-1,493-1,455813Cash flow from financing activities 25,53121,88317,87822,28419,80910,51710,79811,58211,81312,729 Cash and cash equivalents at end of period 9,2437,376-10,5575,48510,3991,9711,1141,133508857Free cash flow 6,1593,67115,1151,7519929723,5315,1103,0084,189Capital Investment 3,4043,3382,6521,9541,9912,0561,8221,7181,3971,022Depreciation Cost 2,0311,7771,3891,1151,0151,1081,0451,022808757R&D Cost © PILLAR Corporation
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34 •This material includes descriptions about forecasts, plans and outlooks of future business performance. These descriptions do not guarantee the future business performance and contain elements of risk and uncertainty. •Please note that the future business performance may largely differ from the contents described in this presentation material due to economic information of main markets, changes in product demand, effects of exchange rates, various regulations in Japan and overseas, and changes in accounting standards and practices. •This material is prepared for the purpose of offering information and is not intended to induce any actions. ＊Note: This material has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the latter shall prevail. (Contact) Corporate Planning Department 7-1, Shinmachi 1-chome, Nishi-ku, Osaka 550-0013 Japan TEL: +81-6-7166-8412 FAX: +81-6-7166-8510 URL: https://www.pillar.co.jp/ Clip of our Company and Products We introduce our businesses as well as the usage and function of our products through a detailed clip. Please take a look. https://www.pillar.co.jp/ja/about/movie/ © PILLAR Corporation