Interim report
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Note : This document has been translated from 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 [ Japanese GAAP ] Accounting Standards FASF MEMBERSHIP August 7 , 2026 Company name : Toshiba Tec Corporation Stock exchange listing : Tokyo Code number : 6588 URL : https://www.toshibatec.co.jp/ Representative : Yasuki Ohnishi Contact : Akira Abe Phone 03-6830-9151 Scheduled date of commencing dividend payments : - Representative Director President and Chief Operating Officer General Manager of Corporate Communications Division Availability of supplementary briefing material on quarterly financial results : Yes Schedule of quarterly financial results briefing session : Yes ( Amounts of less than one million yen are rounded down ) 1. Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( April 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated Operating Results ( % indicates changes from the previous corresponding period . ) Net sales Operating profit Three months ended June 30 , 2026 June 30 , 2025 Million yen 148,894 121,367 % 22.7 ( 13.4 ) Million yen 4,388 ( 2,118 ) % Ordinary profit Million yen % Profit attributable to owners of parent Million yen % 4,278 ( 3,479 ) 2,010 ( 4,987 ) ( Note ) Comprehensive income : Three months ended June 30 , 2026 : Three months ended June 30 , 2025 : Basic earnings per share ¥ 3,299 million [ - % ] ( 5,058 ) million [ - % ] Diluted earnings per share Three months ended June 30 , 2026 June 30 , 2025 Yen 37.94 ( 94.18 ) Yen 37.94 ( Note ) Diluted earnings per share for the three months ended June 30 , 2025 is not presented even though the Company has issued potential shares , because basic earnings per share was net loss . ( 2 ) Consolidated Financial Position As of June 30 , 2026 March 31 , 2026 ( Reference ) Equity : 2. Dividends Total assets Net assets Capital adequacy ratio Million yen 353,045 361,435 Million yen % 103,589 26.9 101,375 26.0 As of June 30 , 2026 : As of March 31 , 2026 : ¥ 95,119 million ¥ 94,069 million Annual dividends 1st quarter - end 2nd quarter - end 3rd quarter - end Year - end Total Yen Fiscal year ended March 31 , 2026 Yen 0.00 Yen Yen 20.00 Yen 20.00 Fiscal year ending March 31 , 2027 Fiscal year ending March 31 , 2027 ( Forecast ) 20.00 20.00 40.00 ( Note ) Revision to the forecast for dividends announced most recently : No
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3. Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2027 (April 1, 2026 to March 31, 2027) (% indicates changes from the previous corresponding period.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Full year Million yen % Million yen % Million yen % Million yen % Yen 610,000 7.2 20,000 39.5 16,000 50.8 7,000 - 132.10 (Note) Revision to the financial forecast announced most recently: Yes *Notes: (1) Changes in significant subsidiaries during the three months ended June 30, 2026 (changes in specified subsidiaries resulting in changes in scope of consolidation): No New - (Company name: ) Exclusion: - (Company name: ) (2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: Yes (Note) For details, please refer to “2. Quarterly Consolidated Financial Statements and Notes (3) Notes to the quarterly consolidated financial statements (Accounting policies adopted specially for the preparation of quarterly consolidated financial statements)” on page 9 of this report. (3) Changes in accounting policies, changes in accounting estimates and retrospective restatement 1) Changes in accounting policies due to the revision of accounting standards: No 2) Changes in accounting policies other than 1) above: No 3) Changes in accounting estimates: No 4) Retrospective restatement: No (4) Total number of issued shares (common shares) 1) Total number of issued shares at the end of the period (including treasury shares): June 30, 2026: 57,629,140 shares March 31, 2026: 57,629,140 shares 2) Total number of treasury shares at the end of the period: June 30, 2026 4,641,535 shares March 31, 2026 4,641,392 shares 3) Average number of shares during the period: Three months ended June 30, 2026: 52,987,652 shares Three months ended June 30, 2025: 52,952,485 shares • Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: Yes (voluntary) • Proper use of earnings forecast, and other special matters (Explanation for the proper use of earnings forecast) Financial forecast is based on information currently available to the Company and certain assumptions deemed reasonable and is not intended to be the Company’s guarantee that the forecast will be achieved. Actual results may significantly vary due to a variety of factors. For the assumptions used as the basis for the earnings forecast and precautions regarding the use of the earnings forecast, please refer to “1. Summary of consolidated business results, etc. (3) Consolidated financial forecast and other forward-looking information” on page 4 of this report.
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1 Table of Contents of Attachments 1. Summary of consolidated business results, etc. (1) Summary of consolidated business results etc. for the three months ended June 30, 2026 2 (2) Summary of consolidated financial condition etc. for the three months ended June 30, 2026 3 (3) Consolidated financial forecast and other forward-looking information 4 2. Quarterly Consolidated Financial Statements and Notes 5 (1) Quarterly Consolidated Balance Sheet 5 (2) Quarterly Consolidated Statement of Income and Comprehensive Income 7 Quarterly Consolidated Statement of Income (For the three months) 7 Quarterly Consolidated Statement of Comprehensive Income (For the three months) 8 (3) Notes to the quarterly consolidated financial statements 9 Accounting policies adopted specially for the preparation of quarterly consolidated financial statements 9 Notes to segment information 9 Notes in the event of significant amount changes in shareholders’ equity 9 Notes on going concern assumption 10 Notes to statements of cash flows 10
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2 1. Summary of consolidated business results, etc. (1) Summary of consolidated business results etc. for the three months ended June 30, 2026 The world economy for the three months ended June 30, 2026 picked up moderately overall. However, the outlook still remained uncertain due mainly to the geopolitical risks and price rises. Amid such conditions, Toshiba Tec Corporation (the “Company”) and its subsidiaries (collectively, the “Group”) have been pursuing the Basic Policy, “To become a global top solutions partner by generating new value through co-creation with the aim of contributing to the resolution of social issues.” Under the Basic Policy, the Group continues to work on improving its management structure to advance the transformation into a solutions company to the Next Stage. In addition, the Group has steadily implemented various measures to achieve sustainable growth. The Group has worked on building an ecosystem through co-creation with partners by leveraging its physical assets, namely its global customer base and sales and maintenance networks, to propose highly value-added solutions with the aim of contributing to the resolution of social issues, as well as enhancing corporate value. In the three months ended June 30, 2026, net sales were ¥148,894 million (up 23% year on year) due mainly to significantly increased sales of POS systems for overseas markets supported by improvements in customer investment appetite, which had been dampened by the U.S. tariff measures, increased sales of POS systems for the domestic market, and the impact of foreign exchange rates. On the profit front, operating profit was ¥4,388 million (operating loss of ¥2,118 million in the same period of the previous fiscal year), ordinary profit was ¥4,278 million (ordinary loss of ¥3,479 million in the same period of the previous fiscal year), and profit attributable to owners of parent was ¥2,010 million (loss attributable to owners of parent of ¥4,987 million in the same period of the previous fiscal year). This was mainly attributable to the successful offsetting of the impact of cost increases and downturn in customer investment appetite associated with U.S. tariff measures, which had been the primary causes of profit deterioration in the same period of the previous fiscal year, through measures such as product price revisions and optimization of production sites, as well as an improvement in profits of POS systems for overseas markets mainly in the Americas driven by a significant increase in sales supported by improvements in customer investment appetite, and an increase in profits of MFPs for overseas markets mainly in the Americas driven by the receipt of U.S. tariff refunds and other factors. Results of reportable segments for the three months ended June 30, 2026 were as follows. Retail Solutions Business Group The Retail Solutions Business Group handles POS systems for domestic and overseas markets, MFPs for the domestic market, auto ID systems for the domestic market, and related products. Amid a severe business environment in which intensifying competition with peers continues, the business group has worked on strengthening the provision of comprehensive solutions covering store operations, sales promotion, and data utilization through the deployment of solution services utilizing the global retail platform "ELERA". Sales of POS systems for the domestic market increased due to efforts to promote sales mainly of self- checkout systems, payment terminals, and smart receipts, as well as large-scale orders and strong sales of maintenance services. Sales of POS systems for overseas markets increased across all regions, particularly in the Americas, primarily driven by significant growth in hardware sales resulting from the recovery in customer investment appetite, which had been dampened by U.S. tariff measures, and further supported by the impact of foreign exchange and other factors. Sales of MFPs for the domestic market increased due to revisions of maintenance service prices and other factors. Sales of auto ID systems for the domestic market increased due to a significant increase in sales of portable printers driven by large-scale orders, as well as strong sales of high-end and mid-range models. As a result, net sales of the Retail Solutions Business Group were ¥92,309 million (up 31% year on year). Operating profit of the business group was ¥486 million (operating loss of ¥2,231 million in the same period of the previous fiscal year). This was mainly due to the implementation of various measures such as
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3 revising product prices, and the improvement in profit of POS systems for overseas markets mainly in the Americas, driven by a significant increase in sales supported by improvements in customer investment appetite. Workplace Solutions Business Group The Workplace Solutions Business Group handles MFPs for overseas markets, auto ID systems for overseas markets, and related products. Amid a severe business environment in which the declining printing volume due to the establishment of hybrid work styles and office DX promotion, and intensifying competition with peers continue, the business group focused on strengthening the profitability of its core MFP business through recurring revenue business mainly from maintenance and consumables. At the same time, by addressing labor shortages and capturing growing demand related to DX and AI in the office, logistics, and distribution sectors, the business group worked on developing the office solutions business and the auto ID solutions business, which are growth areas. Sales of MFPs for overseas markets increased, mainly in the Americas, due to solid maintenance service revenue and the impact of foreign exchange rates. Sales of auto ID systems for overseas markets increased due to solid sales in the Americas, as well as the impact of foreign exchange rates. As a result, net sales of the Workplace Solutions Business Group were ¥58,332 million (up 12% year on year). Operating profit for the business group increased significantly to ¥3,901 million (up ¥3,789 million year on year). This was attributable to the successful offsetting of the impact of cost increases and the downturn in customer investment appetite associated with U.S. tariff measures, which had been the primary causes of profit deterioration in the same period of the previous fiscal year, through measures such as product price revisions and optimization of production sites, as well as an increase in profits mainly in the Americas driven by the receipt of U.S. tariff refunds and other factors. (Note) An auto ID system is a system that uses hardware and software devices to recognize and manage data content by automatically scanning barcode and RFID tag data. (2) Summary of consolidated financial condition etc. for the three months ended June 30, 2026 Assets at the three months ended June 30, 2026 decreased by ¥8,390 million from the end of the previous fiscal year to ¥353,045 million. This was mainly because cash and deposits and notes and accounts receivable - trade, and contract assets in current assets decreased by ¥2,948 million and ¥13,054 million, respectively, although merchandise and finished goods and raw materials and supplies in current assets increased by ¥1,607 million and ¥4,926 million, respectively. Liabilities decreased by ¥10,604 million from the end of the previous fiscal year to ¥249,456 million. This was mainly because notes and accounts payable – trade and “Other” in current liabilities decreased by ¥5,739 million and ¥1,748 million, respectively, and long-term borrowings in non-current liabilities decreased by ¥3,023 million. Net assets increased by ¥2,213 million from the end of the previous fiscal year to ¥103,589 million. This was primarily due to an increase in retained earnings owing to the recording of profit attributable to owners of parent of ¥2,010 million and an increase in non-controlling interests of ¥1,163 million, despite a decrease in retained earnings owing to the payment of dividends of ¥1,059 million.
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4 (3) Consolidated financial forecast and other forward-looking information The Company revised its consolidated financial forecast for the fiscal year ending March 31, 2027 announced on May 11, 2026 as follows. Revision to consolidated financial forecast for the fiscal year ending March 31, 2027 (Million yen) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share (Yen) Previously announced forecast (A) 590,000 20,000 16,000 7,000 132.10 Revised forecast (B) 610,000 20,000 16,000 7,000 132.10 Change (B)−(A) 20,000 － － － － Change (%) 3.4 － － － － Reference: results of the previous fiscal year (ended March 31, 2026) 569,265 14,336 10,608 (2,285) (43.13) Revision to consolidated sales forecast by segment for the fiscal year ending March 31, 2027 (Million yen) Previously announced forecast (A) Revised forecast (B) Change (B) − (A) Change (%) Reference: results of the previous fiscal year (ended March 31, 2026) Retail Solutions 372,000 382,000 10,000 2.7 347,641 Workplace Solutions 227,000 238,000 11,000 4.8 227,758 Eliminations (9,000) (10,000) (1,000) － (6,134) Net sales 590,000 610,000 20,000 3.4 569,265 Revision to consolidated operating profit forecast by segment for the fiscal year ending March 31, 2027 (Million yen) Previously announced forecast (A) Revised forecast (B) Change (B) − (A) Change (%) Reference: results of the previous fiscal year (ended March 31, 2026) Retail Solutions 13,000 13,000 － － 7,630 Workplace Solutions 7,000 7,000 － － 6,706 Operating profit 20,000 20,000 － － 14,336 Net sales of the Retail Solutions Business Group and the Workplace Solutions Business Group have been revised upward due to the forecast of an increase in net sales for overseas markets driven mainly by the impact of exchange rates. Operating profit, ordinary profit and profit attributable to owners of parent remain unchanged from the previously announced forecast. Based on these factors, we have revised our consolidated financial forecast for the fiscal year ending March 31, 2027 as stated above. The reference exchange rates used in the consolidated financial forecast for the fiscal year ending March 31, 2027 are ¥156.85 to the US dollar and ¥181.83 to the euro. *Financial forecast is based on information currently available to the Company and certain assumptions deemed reasonable and is not intended to be the Company’s guarantee that the forecast will be achieved. Actual results may significantly vary due to a variety of factors.
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5 2. Quarterly Consolidated Financial Statements and Notes (1) Quarterly Consolidated Balance Sheet (Million yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 39,513 36,565 Notes and accounts receivable - trade, and contract assets 97,869 84,815 Merchandise and finished goods 54,024 55,631 Work in process 2,706 2,860 Raw materials and supplies 10,871 15,797 Other 34,263 35,095 Allowance for doubtful accounts (1,057) (1,017) Total current assets 238,192 229,749 Non-current assets Property, plant and equipment 45,647 44,913 Intangible assets Goodwill 921 1,152 Other 11,168 10,543 Total intangible assets 12,090 11,696 Investments and other assets Investment securities 13,154 13,680 Other 52,423 53,079 Allowance for doubtful accounts (72) (72) Total investments and other assets 65,505 66,686 Total non-current assets 123,243 123,296 Total assets 361,435 353,045
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6 (Million yen) As of March 31, 2026 As of June 30, 2026 Liabilities Current liabilities Notes and accounts payable - trade 87,702 81,963 Short-term borrowings 3,817 3,836 Current portion of long-term borrowings 7,016 8,059 Income taxes payable 3,901 3,627 Provision for loss compensation 1,524 1,524 Allowance for economic compensation 4,385 3,854 Other 90,598 88,850 Total current liabilities 198,946 191,716 Non-current liabilities Long-term borrowings 12,949 9,926 Retirement benefit liability 21,555 21,350 Other 26,607 26,461 Total non-current liabilities 61,113 57,739 Total liabilities 260,060 249,456 Net assets Shareholders' equity Share capital 39,970 39,970 Capital surplus 1,110 1,110 Retained earnings 36,872 37,822 Treasury shares (13,216) (13,217) Total shareholders' equity 64,736 65,686 Accumulated other comprehensive income Valuation difference on available-for-sale securities 1,397 1,549 Deferred gains or losses on hedges 4 61 Foreign currency translation adjustment 19,423 19,663 Minimum pension liability adjustments (351) (356) Remeasurements of defined benefit plans 8,859 8,515 Total accumulated other comprehensive income 29,333 29,432 Share acquisition rights 2 2 Non-controlling interests 7,303 8,466 Total net assets 101,375 103,589 Total liabilities and net assets 361,435 353,045
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7 (2) Quarterly Consolidated Statement of Income and Comprehensive Income Quarterly Consolidated Statement of Income (For the three months) (Million yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Net sales 121,367 148,894 Cost of sales 74,640 91,450 Gross profit 46,727 57,444 Selling, general and administrative expenses 48,845 53,056 Operating profit (loss) (2,118) 4,388 Non-operating income Interest income 69 171 Dividend income 66 52 Gain on valuation of derivatives - 103 Share of profit of entities accounted for using equity method 617 - Foreign exchange gains - 231 Other 68 249 Total non-operating income 821 807 Non-operating expenses Interest expenses 300 547 Loss on valuation of derivatives 580 - Foreign exchange losses 579 - Loss on sale and retirement of non-current assets 485 75 Other 236 294 Total non-operating expenses 2,182 917 Ordinary profit (loss) (3,479) 4,278 Extraordinary income Gain on sale of investment securities - 8 Total extraordinary income - 8 Extraordinary losses Restructuring cost 186 95 Total extraordinary losses 186 95 Profit (loss) before income taxes (3,665) 4,191 Income taxes 2,131 1,178 Profit (Loss) (5,796) 3,013 Profit (loss) attributable to non-controlling interests (809) 1,002 Profit (loss) attributable to owners of parent (4,987) 2,010
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8 Quarterly Consolidated Statement of Comprehensive Income (For the three months) (Million yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Profit (loss) (5,796) 3,013 Other comprehensive income Valuation difference on available-for-sale securities 40 152 Deferred gains or losses on hedges (53) 56 Foreign currency translation adjustment 978 425 Minimum pension liability adjustment (12) (4) Remeasurements of defined benefit plans, net of tax (68) (344) Share of other comprehensive income of entities accounted for using equity method (146) - Total other comprehensive income 738 285 Comprehensive income (5,058) 3,299 Comprehensive income attributable to Owners of parent (4,105) 2,110 Non-controlling interests (952) 1,189
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9 (3) Notes to the quarterly consolidated financial statements Accounting policies adopted specially for the preparation of quarterly consolidated financial statements Calculation of tax expenses Tax expenses are calculated by reasonably estimating the effective tax rate after the application of tax effect accounting for profit before income taxes for the consolidated fiscal year ending March 31, 2027 including the three months ended June 30, 2026 under review and multiplying profit before income taxes by the estimated effective tax rate. Provided, however, that if calculation using the estimated effective tax rate turns out to be significantly unreasonable, calculations are made pursuant to Paragraph 15 (Method of using the statutory effective tax rate) of the Implementation Guidance on Tax Effect Accounting for Interim Financial Statements (Accounting Standards Board of Japan (ASBJ) Guidance No. 29, February 16, 2018), according to the provisions of Paragraph 20 of the Implementation Guidance on Accounting Standard for Interim Financial Reporting (ASBJ Guidance No. 34, October 16, 2025). Income taxes - deferred are included in income taxes. Notes to segment information I Three months ended June 30, 2025 Amounts of net sales, profit or loss by reportable segment (Million yen) Reportable segments Adjustment Consolidated amount (Note) Retail Solutions Workplace Solutions Total Net sales Sales to external customers 70,692 50,675 121,367 - 121,367 Intersegment sales and transfers 23 1,378 1,402 (1,402) - Total 70,716 52,053 122,769 (1,402) 121,367 Segment profit (loss) (2,231) 112 (2,118) - (2,118) (Note) Segment profit (loss) corresponds with operating loss in the quarterly consolidated statement of income. II Three months ended June 30, 2026 1. Amounts of net sales, profit or loss by reportable segment (Million yen) Reportable segments Adjustment Consolidated amount (Note) Retail Solutions Workplace Solutions Total Net sales Sales to external customers 92,290 56,604 148,894 - 148,894 Intersegment sales and transfers 18 1,728 1,747 (1,747) - Total 92,309 58,332 150,641 (1,747) 148,894 Segment profit 486 3,901 4,388 - 4,388 (Note) Segment profit corresponds with operating profit in the quarterly consolidated statement of income. *Supplementary information Three months ended June 30, 2025 Three months ended June 30, 2026 Average exchange rate (Yen to the US dollar) 145.29 159.89 Average exchange rate (Yen to the euro) 162.60 185.50 Notes in the event of significant amount changes in shareholders’ equity Not applicable
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10 Notes on going concern assumption Not applicable Notes to statements of cash flows Quarterly consolidated statements of cash flows are not prepared for the three months ended June 30, 2026. “Depreciation” (including amortization of intangible assets other than goodwill) and “Amortization of goodwill” for the three months ended June 30, 2026 are as follows: (Million yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Depreciation 4,239 4,872 Amortization of goodwill 27 60