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. July 28, 2025 Consolidated Financial Results for the Three Months Ended June 30, 2025 (Under Japanese GAAP) Company name: Enplas Corporation Listing: Tokyo Stock Exchange Securities code: 6961 URL: https://www.enplas.co.jp Representative: Daisuke Yokota, President Inquiries: Kaoru Yasuda, Executive Officer Telephone: +81-3-6268-0259 Scheduled date to commence dividend payments: - Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes (for institutional investors and analysts) (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated financial results for the three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) (1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % June 30, 2025 8,999 (15.1) 905 (58.0) 825 (64.6) 362 (76.1) June 30, 2024 10,601 9.1 2,153 52.5 2,334 38.8 1,518 106.3 Note: Comprehensive income For the three months ended June 30, 2025: ¥85 million [(97.0)%] For the three months ended June 30, 2024: ¥2,880 million [22.1%] Basic earnings per share Diluted earnings per share Three months ended Yen Yen June 30, 2025 41.03 40.86 June 30, 2024 172.00 169.18 (2) Consolidated financial position Total assets Net assets Equity-to-asset ratio Net assets per share As of Millions of yen Millions of yen % Yen June 30, 2025 61,923 55,164 88.6 6,210.44 March 31, 2025 62,775 56,216 88.0 6,255.78 Reference: Equity As of June 30, 2025: ¥54,869 million As of March 31, 2025: ¥55,270 million 2. Cash dividends Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended March 31, 2025 - 30.00 - 40.00 70.00 Fiscal year ending March 31, 2026 - Fiscal year ending March 31, 2026 (Forecast) 40.00 40.00 80.00 Note: Revisions to the forecast of cash dividends most recently announced: None 3. Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six months ending September 30, 2025 18,900 (4.1) 1,200 (64.2) 1,400 (55.5) 1,000 (52.3) 113.19 Fiscal year ending March 31, 2026 38,000 (0.2) 2,500 (52.7) 3,000 (44.9) 2,100 (46.8) 237.69 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 specific to the preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies 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, 2025 9,732,897 shares As of March 31, 2025 9,732,897 shares (ii) Number of treasury shares at the end of the period As of June 30, 2025 897,863 shares As of March 31, 2025 897,833 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2025 8,835,042 shares Three months ended June 30, 2024 8,828,470 shares * Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:nothing * Proper use of earnings forecasts, 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 .3 "1. Summary of Operating Results, etc. (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts." (How to obtain supplementary financial results briefing materials and financial results briefing materials) The Company plans to hold a briefing for institutional investors and analysts on Monday, July 28, 2025. The financial results presentation material to be distributed at this meeting will be posted on the Company’s website promptly after the briefing.
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Business Results The results for each segment are as follows. Semiconductor business Sales increased due to growing demand for servers and mobile applications. Demand for servers and automotive applications, on which we are focusing, is expected to continue to grow in the medium term. In particular, demand for sockets for AI servers is expected to increase, not only from major GPU manufacturers but also from hyperscalers related to ASICs. We are actively developing solutions to further enhance our competitiveness. Additionally, we will continue to focus on technological development of Test sockets for future growth. As a result, sales were 4,888 million yen, up by 7.0% YoY . Operating profit was 866 million yen, up by 20.5% YoY . Life Science business Sales decreased due to a temporary increase in sales of related products for the launch of new products in the first quarter of the previous fiscal year. As a result, sales were 516 million yen, down by 32.6% YoY . Operating loss was 10 million yen, compared with the operating profit of 115 million yen for the same period of the previous fiscal year. Digital communications business In optical fiber lens, sales decreased due to continued inventory adjustments in high-end areas such as AI applications reflecting customers' transition to next-generation products, delays in mass production of customers' next-generation products, and delays in the launch of new products for non- optical transceivers. In LED diffusion lens, sales decreased due to the continued decline in demand from the LCD TV market. We will continue to enhance marketing activities to bring innovation to the display market with new approaches. As a result, sales were 420 million yen, down by 75.3% YoY . Operating loss was 43 million yen, compared with the operating profit of 1,065 million yen for the same period of the previous fiscal year. Energy Saving Solution business Sales decreased due to a decline in sales of automotive components caused by delays in mass production of new products and a decrease in demand for printer components. We will continue to promote our low-noise, high-efficiency gear solutions business for automotive electrification, on which we are focusing, while also promoting the development of new products in new areas. As a result, sales were 3,173 million yen, down by 10.8% YoY . Operating profit was 92 million yen, up by 63.6% YoY .
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Quarterly consolidated balance sheet (Millions of yen) As of March 31, 2025 As of June 30, 2025 Assets Current assets Cash and deposits 24,050 23,312 Notes and accounts receivable - trade 8,807 8,330 Finished goods 1,266 1,643 Work in process 782 778 Raw materials and supplies 2,015 2,248 Consumption taxes refund receivable 815 278 Income taxes refund receivable 158 180 Other 809 948 Allowance for doubtful accounts (11) (12) Total current assets 38,695 37,708 Non-current assets Property, plant and equipment Buildings and structures, net 3,904 4,174 Machinery, equipment and vehicles, net 2,833 2,682 Tools, furniture and fixtures, net 1,266 1,245 Land 6,871 6,862 Right-of-use assets, net 1,396 1,267 Construction in progress 5,180 5,076 Total property, plant and equipment 21,453 21,307 Intangible assets Software 152 151 Other 546 821 Total intangible assets 698 972 Investments and other assets 1,927 1,934 Total non-current assets 24,079 24,215 Total assets 62,775 61,923
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(Millions of yen) As of March 31, 2025 As of June 30, 2025 Liabilities Current liabilities Accounts payable - trade 1,344 1,588 Lease liabilities 354 330 Accounts payable - other 1,039 991 Accrued expenses 619 801 Income taxes payable 458 448 Contract liabilities 152 187 Provision for bonuses 744 423 Provision for loss on sublease 28 27 Provision for bonuses for directors (and other officers) 118 17 Other 306 675 Total current liabilities 5,168 5,492 Non-current liabilities Lease liabilities 1,084 1,006 Retirement benefit liability 112 105 Deferred tax liabilities 35 24 Provision for loss on sublease 7 - Other 151 130 Total non-current liabilities 1,390 1,266 Total liabilities 6,559 6,759 Net assets Shareholders' equity Share capital 8,080 8,080 Capital surplus 2,042 1,924 Retained earnings 42,510 42,519 Treasury shares (3,233) (3,234) Total shareholders' equity 49,399 49,290 Accumulated other comprehensive income Valuation difference on available-for-sale securities 410 407 Foreign currency translation adjustment 5,460 5,170 Total accumulated other comprehensive income 5,870 5,578 Share acquisition rights 179 195 Non-controlling interests 766 99 Total net assets 56,216 55,164 Total liabilities and net assets 62,775 61,923
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Quarterly consolidated statement of income (Millions of yen) Three months ended June 30, 2024 Three months ended June 30, 2025 Net sales 10,601 8,999 Cost of sales 5,394 5,009 Gross profit 5,206 3,990 Selling, general and administrative expenses 3,053 3,084 Operating profit 2,153 905 Non-operating income Interest income 86 54 Dividend income 9 12 Foreign exchange gains 78 - Gain on sale of scraps 29 23 Other 7 6 Total non-operating income 211 97 Non-operating expenses Interest expenses 20 17 Foreign exchange losses - 157 Other 10 3 Total non-operating expenses 30 177 Ordinary profit 2,334 825 Extraordinary income Gain on sale of non-current assets 9 9 Gain on sale of investment securities 2 - Total extraordinary income 12 9 Extraordinary losses Loss on sale of non-current assets 0 0 Business restructuring expenses 204 198 Total extraordinary losses 204 198 Profit before income taxes 2,141 636 Income taxes - current 476 329 Income taxes - deferred 134 (58) Total income taxes 611 270 Profit 1,530 365 Profit attributable to non-controlling interests 11 3 Profit attributable to owners of parent 1,518 362
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Quarterly consolidated statement of comprehensive income (Millions of yen) Three months ended June 30, 2024 Three months ended June 30, 2025 Profit 1,530 365 Other comprehensive income Valuation difference on available-for-sale securities 38 (2) Foreign currency translation adjustment 1,311 (277) Total other comprehensive income 1,350 (280) Comprehensive income 2,880 85 Comprehensive income attributable to Comprehensive income attributable to owners of parent 2,835 70 Comprehensive income attributable to non-controlling interests 45 15
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(Notes on segment information, etc.) Segment Information I. the three months of the previous fiscal year (April 1, 2024 to June 30, 2024) Information on sales and the amount of profit or loss for each reported segment (in millions of yen) Semiconductor Business Life Science Business Digital Communcation Business Energy Saving Solution Business Total Sales Revenues from external customers 4,570 766 1,705 3,558 10,601 Transactions with other segments - - - - - Total 4,570 766 1,705 3,558 10,601 Segment Profit 719 115 1,065 253 2,153 Note: The total amount of segment profit is operating income in the quarterly consolidated statements of income. II. the three months of the current fiscal year (April 1, 2025 to June 30, 2025) Information on sales and the amount of profit or loss for each reported segment (in millions of yen) Semiconductor Business Life Science Business Digital Communcation Business Energy Saving Solution Business Total Sales Revenues from external customers 4,888 516 420 3,173 8,999 Transactions with other segments - - - - - Total 4,888 516 420 3,173 8,999 Segment profit (loss) 866 (10) (43) 92 905 Note: The total amount of segment profit or loss (loss) is operating income in the quarterly consolidated statements of incom e.