Interim report
Page 1
1 Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail. Summary of Consolidated Financial Results for the Nine Months Ended December 20, 2025 (Based on Japanese GAAP) January 29, 2026 Company name: Keyence Corporation Stock exchange listing: Tokyo Stock code: 6861 URL https://www.keyence.co.jp Representative: President and Representative Director Tetsuya Nakano Inquiries: Director and General Manager, Corporate Planning & Coordination Department Hiroaki Yamamoto TEL 06-6379-1111 Scheduled date to commence dividend payments: － Preparation of supplementary material on financial results: Yes Holding of financial results meeting: Yes (for analysts) (Amounts less than one million yen are rounded down) 1. Consolidated financial results for the nine months ended December 20, 2025 (from March 21, 2025 to December 20, 2025) (1) Consolidated operating results % indicate changes from the previous corresponding period Net sales Operating income Ordinary income Net income attributable to owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Nine months ended December 20, 2025 834,605 7.7 416,381 4.9 443,614 8.1 311,167 6.6 Nine months ended December 20, 2024 775,190 9.6 397,033 10.4 410,336 8.7 291,765 9.5 (Note) Comprehensive income: Nine months ended December 20, 2025: ¥ 335,983million [18.5%] Nine months ended December 20, 2024: ¥ 283,614million [0.5%] Earnings per share Diluted earnings per share Yen Yen Nine months ended December 20, 2025 1,283.03 – Nine months ended December 20, 2024 1,203.03 – (2) Consolidated financial position Total assets Net assets Equity ratio Millions of yen Millions of yen % As of December 20, 2025 3,478,645 3,335,392 95.9 As of March 20, 2025 3,289,224 3,108,552 94.5 (Reference) Equity: As of December 20, 2025 : ¥ 3,335,392million As of March 20, 2025 : ¥ 3,108,552million 2. Cash dividends Annual dividends per share 1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended March 20, 2025 – 175.00 – 175.00 350.00 Fiscal year ended March 20, 2026 – 275.00 – Fiscal year ended March 20, 2026 (Forecast) 275.00 550.00 (Note) Revision to the forecast for dividends announced most recently: No
Page 2
2 * Notes (1) Significant changes in scope of consolidation during the nine months ended December 20, 2025 : No (2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: Yes (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 December 20, 2025 243,207,684 shares As of March 20, 2025 243,207,684 shares Number of treasury shares at the end of the period As of December 20, 2025 682,479 shares As of March 20, 2025 682,350 shares Average number of shares during the period Nine months Ended December 20, 2025 242,525,239 shares Nine months Ended December 20, 2024 242,525,496 shares *Quarterly financial results reports are exempt from review conducted by certified public accountants or an audit firm. *Explanation for appropriate use of financial forecasts and other special notes The forecasts given in this document are based on the current available information in the company and certain reasonable assumptions to the company. And we don’t commit to achieve these forecasting numbers. Actual results may differ from these forecasts by a variety of reasons.
Page 3
3 Quarterly Consolidated financial statements Quarterly Consolidated balance sheet (Millions of yen) As of March 20, 2025 As of December 20, 2025 Assets Current assets Cash and deposits 579,051 507,115 Notes and accounts receivable - trade 320,312 342,170 Securities 640,183 826,897 Inventories 77,892 87,875 Other 16,574 19,855 Allowance for doubtful accounts (1,426) (1,907) Total current assets 1,632,589 1,782,006 Non-current assets Property, plant and equipment 76,924 84,511 Intangible assets 6,338 31,360 Investments and other assets Investment securities 1,527,669 1,531,075 Long Term Time Deposits 17,116 19,976 Other 28,647 29,775 Allowance for doubtful accounts (60) (60) Total investments and other assets 1,573,372 1,580,766 Total non-current assets 1,656,634 1,696,638 Total assets 3,289,224 3,478,645 Liabilities Current liabilities Notes and accounts payable - trade 14,890 16,653 Income taxes payable 91,482 46,157 Provision for bonuses 18,134 17,097 Other 43,532 51,588 Total current liabilities 168,040 131,496 Non-current liabilities 12,631 11,756 Total liabilities 180,672 143,253 Net assets Shareholders' equity Share capital 30,637 30,637 Capital surplus 30,541 30,544 Retained earnings 3,020,535 3,222,567 Treasury shares (3,838) (3,850) Total shareholders' equity 3,077,874 3,279,898 Accumulated other comprehensive income Valuation difference on available-for-sale securities (8,103) (10,523) Foreign currency translation adjustment 38,781 66,020 Remeasurements of defined benefit plans (1) (3) Total accumulated other comprehensive income 30,677 55,493 Total net assets 3,108,552 3,335,392 Total liabilities and net assets 3,289,224 3,478,645
Page 4
4 Quarterly Consolidated statements of income and comprehensive income Quarterly Consolidated statement of income (Millions of yen) Nine months ended December 20, 2024 Nine months ended December 20, 2025 Net sales 775,190 834,605 Cost of sales 124,580 143,191 Gross profit 650,609 691,413 Selling, general and administrative expenses 253,575 275,032 Operating income 397,033 416,381 Non-operating income Interest income 6,081 11,066 Equity in earnings of associated companies 3,920 4,766 Foreign exchange gains 2,043 10,156 Miscellaneous income 1,519 1,433 Total non-operating income 13,564 27,422 Non-operating expenses Miscellaneous losses 261 189 Total non-operating expenses 261 189 Ordinary income 410,336 443,614 Income before income taxes 410,336 443,614 Income taxes 118,571 132,446 Net income 291,765 311,167 Net income attributable to owners of parent 291,765 311,167
Page 5
5 Quarterly Consolidated statement of comprehensive income (Millions of yen) Nine months ended December 20, 2024 Nine months ended December 20, 2025 Net income 291,765 311,167 Other comprehensive income Valuation difference on available-for-sale securities (3,503) (2,420) Foreign currency translation adjustment (4,677) 27,264 Share of other comprehensive income(loss) in associates 29 (27) Total other comprehensive income (8,151) 24,816 Comprehensive income 283,614 335,983 Comprehensive income attributable to: Owners of the parent 283,614 335,983