Interim report
Page 1
Note : 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 Three Months Ended June 30 , 2026 ( Based on Japanese GAAP ) Company name : PILLAR Corporation Stock exchange listing : Tokyo Securities code : Representative : 6490 President URL https://www.pillar.co.jp/ Yoshinobu Iwanami Inquiries : General Manager of Accounting & Financial Department Masahiro Fujii TEL 06-7166-8248 Scheduled date to commence dividend payments : Preparation of supplementary material on financial results : Holding of financial results meeting : Yes No August 6 , 2026 ( Amounts less than one million yen are rounded down ) 1. Consolidated financial results for the three months ended June 30 , 2026 ( from April 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated operating results ( cumulative ) Percentages indicate year - on - year changes Net sales Millions of yen Three months ended June 30 , 2026 Three months ended June 30 , 2025 Note : Comprehensive income 18,304 13,499 3.1 Three months ended June 30 , 2026 Three months ended June 30 , 2025 % 35.6 Operating profit Millions of yen Ordinary profit Profit attributable to owners of parent 4,963 2,705 % 83.4 8.4 Millions of yen % Millions of yen % 5,371 94.2 3,673 85.8 2,765 ( 5.4 ) 1,977 0.7 ¥ 6,114 million [ 253.8 % ] ¥ 1,728 million [ ( 6.8 ) % ] Earnings per share Diluted earnings per share Three months ended June 30 , 2026 Three months ended June 30 , 2025 Yen 160.69 84.95 Yen ( 2 ) Consolidated financial position As of June 30 , 2026 As of March 31 , 2026 Reference : Equity Total assets Millions of yen 109,926 105,629 Net assets Millions of yen Equity ratio 83,704 79,418 % 76.1 75.2 As of June 30 , 2026 As of March 31 , 2026 ¥ 83,704 million ¥ 79,418 million 2. Cash dividends Year ended March 31 , 2026 Year ending March 31 , 2027 1st quarter - end 2nd quarter - end Annual dividends per share 3rd quarter - end Fiscal year - end Total Yen Yen 50.00 Yen Yen Yen 80.00 130.00 Year ending March 31 , 2027 ( Forecast ) Note : Revisions to the cash dividend forecasts most recently announced : Yes For details , please refer to " Notice Concerning Revisions to Consolidated Financial Results Forecasts and Dividend Forecasts ( Dividend Increase ) " released on August 6 , 2026 . 245.00 Note : The dividends for the second quarter - end and the fiscal year - end of the fiscal year ending March 31 , 2027 ( Forecast ) have not yet been decided . -1-
Page 2
-2- 3. Forecast of consolidated financial results for the year ending March 31, 2027 (from April 1, 2026 to March 31, 2027) Percentages indicate year-on-year changes Net sales Operating profit Ordinary profit Profit attributable to owners of parent Earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Full year 83,000 39.5 20,000 65.2 20,400 57.6 14,000 56.6 612.39 Note: Revisions to the financial results forecasts most recently announced: Yes For details, please refer to “Notice Concerning Revisions to Consolidated Financial Results Forecasts and Dividend Forecasts (Dividend Increase)” released on August 6, 2026. 4. Notes (1) Significant changes in the scope of consolidation during the three months ended June 30, 2026: No (2) Application of special accounting methods for preparing quarterly consolidated financial statements: No (3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: No Changes in accounting policies due to other reasons: No Changes in accounting estimates: No Restatement of prior period financial statements: No (4) Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 25,042,406 shares As of March 31, 2026 25,042,406 shares Number of treasury shares at the end of the period As of June 30, 2026 2,181,192 shares As of March 31, 2026 2,181,018 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 22,861,284 shares Three months ended June 30, 2025 23,276,549 shares * Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants or an audit firm: No * Proper use of earnings forecasts, and other special items (Caution concerning forward-looking statements) The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Consequently, the statements herein do not constitute assurances regarding the Company’s actual results. Actual results may differ significantly due to various factors.
Page 3
- 3 - Quarterly consolidated financial statements (1) Quarterly consolidated balance sheet (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 25,531 22,202 Notes and accounts receivable - trade 11,595 14,080 Electronically recorded monetary claims - operating 5,417 6,141 Merchandise and finished goods 1,947 2,334 Work in process 4,193 4,461 Raw materials and supplies 4,649 5,209 Other 1,024 997 Allowance for doubtful accounts (3) (3) Total current assets 54,355 55,423 Non-current assets Property, plant and equipment Buildings and structures, net 24,231 23,979 Machinery, equipment and vehicles, net 4,185 4,408 Land 5,586 5,589 Other, net 3,214 3,376 Total property, plant and equipment 37,217 37,353 Intangible assets Goodwill 3,266 3,149 Other 2,274 2,430 Total intangible assets 5,540 5,580 Investments and other assets Investment securities 7,643 10,669 Other 890 918 Allowance for doubtful accounts (18) (18) Total investments and other assets 8,515 11,569 Total non-current assets 51,273 54,502 Total assets 105,629 109,926 Liabilities Current liabilities Notes and accounts payable - trade 2,449 2,734 Electronically recorded obligations - operating 2,059 1,948 Short-term borrowings 750 750 Current portion of long-term borrowings 300 400 Accounts payable - other 2,262 1,836 Income taxes payable 2,269 1,634 Provision for bonuses 1,379 686 Electronically recorded obligations - facilities 256 358 Other 981 1,436 Total current liabilities 12,708 11,785 Non-current liabilities Bonds payable 10,000 10,000 Long-term borrowings 475 300 Retirement benefit liability 1,763 1,801 Asset retirement obligations 87 89 Other 1,175 2,245 Total non-current liabilities 13,501 14,436 Total liabilities 26,210 26,222
Page 4
- 4 - (Millions of yen) As of March 31, 2026 As of June 30, 2026 Net assets Shareholders’ equity Share capital 4,966 4,966 Capital surplus 5,408 5,408 Retained earnings 66,687 68,531 Treasury shares (4,475) (4,476) Total shareholders’ equity 72,586 74,430 Accumulated other comprehensive income Valuation difference on available-for-sale securities 4,052 6,123 Foreign currency translation adjustment 2,591 2,966 Remeasurements of defined benefit plans 189 183 Total accumulated other comprehensive income 6,832 9,273 Total net assets 79,418 83,704 Total liabilities and net assets 105,629 109,926
Page 5
- 5 - (2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive income Quarterly consolidated statement of income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 13,499 18,304 Cost of sales 7,995 9,895 Gross profit 5,504 8,408 Selling, general and administrative expenses 2,798 3,445 Operating profit 2,705 4,963 Non-operating income Dividend income 96 100 Foreign exchange gains – 272 Other 26 91 Total non-operating income 123 465 Non-operating expenses Interest expenses 38 37 Loss on disposal of non-current assets 3 3 Foreign exchange losses 12 – Other 8 16 Total non-operating expenses 63 57 Ordinary profit 2,765 5,371 Profit before income taxes 2,765 5,371 Income taxes - current 583 1,569 Income taxes - deferred 204 128 Total income taxes 788 1,697 Profit 1,977 3,673 Profit attributable to owners of parent 1,977 3,673
Page 6
- 6 - Quarterly consolidated statement of comprehensive income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 1,977 3,673 Other comprehensive income Valuation difference on available-for-sale securities 303 2,071 Foreign currency translation adjustment (547) 375 Remeasurements of defined benefit plans, net of tax (5) (6) Total other comprehensive income (248) 2,440 Comprehensive income 1,728 6,114 Comprehensive income attributable to Comprehensive income attributable to owners of parent 1,728 6,114