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October 31, 2025 Enplas Corporation (TSE: 6961) 2026.3 Second-Quarter Results Copyright ©2025 ENPLAS CORPORATION, All rights reserved
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Financial Results • 2026.3 Second-Quarter Results • 2026.3 Financial Forecast • Reference (Business Strategies and Mid-term Management Plan) Agenda Copyright ©2025 ENPLAS CORPORATION, All rights reserved 2
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Financial Results Copyright ©2025 ENPLAS CORPORATION, All rights reserved 3
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Points of Financial Results Copyright ©2025 ENPLAS CORPORATION, All rights reserved 4 2026.3 Second-Quarter Financial Results • Sales increased and profits declined YoY in 2026.3, but both exceeded initial forecasts. (sales progress: 110%, operating profit progress: 254%) <Semiconductor business> • 2Q sales exceeded the July forecast (sales progress: 118%). • Sales of servers, automotive SoCs, and mobile-areas where Enplas maintains strong competitive advantages-reached record high levels, driven by increased demand from both new and existing customers. • Servers and automotive SoCs are expected to continue strong performance beyond the 3Q. (For AI servers, in addition to major GPU manufacturers, ASIC-related projects for hyperscalers are expected to increase. For automotive SoCs, market share is expected to expand through new customer acquisitions.) <Life Science business> • ２Q sales and profits increased significantly YoY due to large-volume orders. <Digital Communication business> • New products have been secured, but mass production is expected to begin in the 2nd half. <Energy Saving Solution business> • 2Q automotive components sales remained strong, driven by the expansion of our low-noise, high-efficiency gear solutions business, which we are focusing on. Sales reached a record high
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2026.3 Second-Quarter Financial Results Copyright ©2025 ENPLAS CORPORATION, All rights reserved 5 2025.3 2026.3 Change (Reference) 1st Half Forecast as of April1st Half Results 1st Half Results Sales 19,700 20,901 +6.1% 18,900 COGS Ratio 51.7％ 55.4％ +3.7pt 59.3％ Operating Income 3,354 3,051 -9.0% 1,200 Operating margin 17.0％ 14.6％ -2.4pt 6.3％ Ordinary Income 3,144 3,080 -2.0% 1,400 Profit attributable to owners of parent 2,094 2,247 +7.3% 1,000 Earnings Per Share 237.19yen 254.08yen +16.89yen 113.19yen Average Exchange Rate (US$) 152.29yen 146.53yen -5.76yen (Planned rate) 140.00yen FX sensitivity (US$): Sales Approx. 200 million yen/year, Operating income Approx. 150 million yen/year （Million yen）
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2026.3 Second-Quarter Results by Segment 2025.3 2026.3 Change1st Half Results 1st Half Results Semiconductor Sales 8,256 10,685 +29.4％ COGS Ratio 50.4% 47.0% -3.4pt Operating Income 1,022 2,279 +123.0％ Life Science Sales 1,471 2,620 +78.2％ COGS Ratio 56.1% 62.6% +6.5pt Operating Income 196 536 +173.4％ Digital Communication Sales 2,978 786 -73.6％ COGS Ratio 20.8% 55.5% +34.7pt Operating Income 1,703 -151 - Energy Saving Solution Sales 6,995 6,808 -2.7％ COGS Ratio 65.4% 65.8% +0.4pt Operating Income 432 386 -10.6％ Copyright ©2025 ENPLAS CORPORATION, All rights reserved 6 (Million yen)
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Quarterly Results Copyright ©2025 ENPLAS CORPORATION, All rights reserved 7 (Million yen) 2025.3 2026.3 2Q 3Q 4Q 1Q 2Q Sales 9,099 9,104 9,264 8,999 11,901 COGS Ratio 52.7％ 58.4％ 55.0％ 55.7％ 55.2％ Operating Income 1,200 729 1,203 905 2,145 Operating margin 13.2％ 8.0％ 13.0％ 10.1％ 18.0％ Ordinary Income 810 1,166 1,135 825 2,255 Profit attributable to owners of parent 576 777 1,071 362 1,884 Earnings Per Share 65.23yen 88.02yen 121.26yen 41.03yen 212.93yen
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Reference: Quarterly Results Copyright ©2025 ENPLAS CORPORATION, All rights reserved 8 ＜Sales＞ ＜Operating Income＞ (Million yen)(Million yen) 2024.3 2025.3 2026.3 2024.3 2025.3 2026.3 9,715 9,484 8,753 9,851 10,601 9,099 9,104 9,264 8,999 11,901 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Record high level 1,412 1,204 938 1,090 2,153 1,200 729 1,203 905 2,145 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
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Reference: Quarterly Results by Segment Copyright ©2025 ENPLAS CORPORATION, All rights reserved 9 (Million yen) 2025.3 2026.3 2Q 3Q 4Q 1Q 2Q Semiconductor Sales 3,686 3,730 4,136 4,888 5,797 COGS Ratio 51.2% 56.3% 52.8% 48.5% 45.7% Operating Income 302 87 420 866 1,412 Life Science Sales 704 638 944 516 2,104 COGS Ratio 54.7% 75.6% 40.3% 61.6% 62.9% Operating Income 80 -69 326 -10 546 Digital Communication Sales 1,272 1,131 784 420 365 COGS Ratio 22.1% 26.2% 30.5% 52.7% 58.6% Operating Income 637 518 262 -43 -107 Energy Saving Solution Sales 3,436 3,604 3,398 3,173 3,634 COGS Ratio 65.2% 67.7% 67.4% 66.1% 65.6% Operating Income 179 192 195 92 294
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Financial Results Overview 2025.3 1st Half 2026.3 1st Half Change 6,159 6,268 +109 2025.3 1st Half 2026.3 1st Half Change -210 30 +240 ➢Labor cost: +92 ➢Research & development expense: +76 ➢FX loss: 69 (FX loss for 2025.3 1st Half: 396) ➢ SG&A ➢ Non-operating profit and loss Copyright ©2025 ENPLAS CORPORATION, All rights reserved 10 (Million yen) (Million yen)
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2026.3 Financial Forecast Copyright ©2025 ENPLAS CORPORATION, All rights reserved 11
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Assumptions and Future Direction Copyright ©2025 ENPLAS CORPORATION, All rights reserved 12 Consolidated financial forecast • Planned FX rate (US$): 140.00 yen (Unchanged from initial forecast) • Continued active investment in personnel and marketing (Unchanged from initial forecast; SGA expenses: 13,000 million yen) • Limited direct impact from mutual tariffs in the US Assumptions for 2026.3 Financial Forecast Future Direction Semiconductor • Sales is expected to increase significantly YoY due to strong performance in servers and automotive SoCs. • For AI servers, in addition to major GPU manufacturers, ASIC-related projects for hyperscalers are expected to increase. • For automotive SoCs, market share is expected to expand through new customer acquisitions. • Expanding mass production orders for major GPU manufacturers, ASIC-related projects for hyperscalers. • Entering the next-generation semiconductor testing market (System Level Test field). Life Science • Sales were concentrated in 2Q due to the discontinuation of some mass produced products. • Sales are expected to decline YoY (Unchanged from the July forecast). • Strengthening marketing activities to acquire new customers and new products. • Strengthen the profitability of existing businesses. Digital Communication • Network Solutions sales are expected to decline YoY, due to delays in mass production of customers’ next- generation products (1.6T optical transceivers) and delays in the launch of new lens connector products. • Development of 200Gbps/Lane VCSELs is progressing, increasing business opportunities for 1.6T optical transceivers and non-transceiver applications. • Expanding our business scope beyond lenses for optical transceivers to include lens connectors. Energy Saving Solution • Sales are expected to increase from the July forecast, driven by the expansion of our low-noise, high- efficiency gear solutions business, which we are focusing on. • Drive low-noise, high-efficiency gear solutions that support automotive electrification. • Promote development of new products in the electric/electronics field
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2026.3 Financial Forecast (Million yen) Copyright ©2025 ENPLAS CORPORATION, All rights reserved 13 2026.3 2026.3 1st Half Results As of April As of October Sales 20,901 38,000 41,000 COGS Ratio 55.4％ 58.9％ 55.4％ Operating Income 3,051 2,500 5,300 Operating margin 14.6％ 6.6％ 12.9％ Ordinary Income 3,080 3,000 5,500 Profit attributable to owners of parent 2,247 2,100 4,100 Earnings Per Share 254.08yen 237.69yen 462.21yen Dividends Per Share 45.00yen 80.00yen 90.00yen *Planned FX rate (US$): 140.00 yen
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2026.3 Sales Forecast by Segment Copyright ©2025 ENPLAS CORPORATION, All rights reserved 14 (Million yen) 2026.3 2026.3 1st Half Results As of July As of October Semiconductor 10,685 19,000 22,000 Life Science 2,620 3,000 3,000 Digital Communication 786 2,300 2,000 Energy Saving Solution 6,808 13,700 14,000
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Reference: 2026.3 Forecast for Capital Expenditures, Depreciation, R&D Copyright ©2025 ENPLAS CORPORATION, All rights reserved 15 2025.3 2026.3 2026.3 Results 1st Half Results Full-year Capital expenditures 6,944 1,813 7,500 Long-Term/ Environmental Investment 3,872 90 3,800 Investment in Growth Area 1,213 506 2,200 Other Capital Expenditure 1,859 1,217 1,500 Depreciation 2,417 1,109 2,500 R&D 1,502 789 1,600 (Million yen) *Unchanged from the financial forecast as of April 30, 2025.
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Reference Copyright ©2025 ENPLAS CORPORATION, All rights reserved 16
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Reference: Semiconductor Copyright ©2025 ENPLAS CORPORATION, All rights reserved 17 Business Strategies ① Increase marketing investments mainly in the United States to maximize business opportunities ② Strengthen specific technologies and aim to become a Value Champion in growing markets ➢ Growｔｈ markets： AI servers, general-purpose servers, mobile and automotive SoC ➢ Test Socket： Enter the next-generation semiconductor testing market ③ Build a supply chain that can flexibly respond to changes in the business environment ＜Sales＞ ＜Operating Income＞ (Million yen)(Million yen) 2024.3 2025.3 2026.3 2024.3 2025.3 2026.3 4,674 4,013 3,422 4,567 4,570 3,686 3,730 4,136 4,888 5,797 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 852 397 91 402 719 302 87 420 866 1,412 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
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Reference: Life Science Copyright ©2025 ENPLAS CORPORATION, All rights reserved 18 ① Focus on liquid biopsy and cancer diagnosis devices ② Explore new markets with microfluidic chips ③ Expand existing customer networks ④ Provide added value through functional evaluation and fluid control technology ＜Sales＞ ＜Operating Income＞ (Million yen)(Million yen) Business Strategies 2024.3 2025.3 2026.3 2024.3 2025.3 2026.3 608 651 593 513 766 704 638 944 516 2,104 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Sales reached a record high -356 -324 -212 -258 115 80 -69 326 -10 546 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
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Reference: Digital Communication Copyright ©2025 ENPLAS CORPORATION, All rights reserved 19 ① Create innovation in the VSR (Short-range communication) market ② Contribute to solving issues in large-scale data centers (heat, failure, compatibility) ③ Develop new applications and products in the Photoelectric Fusion and non-Optics fields through enhanced marketing ④ Provide new value (new functions, new products) to markets with future growth potentially (Network Solution, Display Solution) through the AI evolution ＜Sales＞ ＜Operating Income＞ (Million yen)(Million yen) Business Strategies 2024.3 2025.3 2026.3 2024.3 2025.3 2026.3 1,027 1,125 1,163 943 1,333 940 878 529 178 177 416 404 261 296 372 332 253 255 242 188 1,443 1,529 1,424 1,239 1,705 1,272 1,131 784 420 365 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Display Solution Network Solution 782 860 776 700 1,065 637 518 262 -43 -107 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
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Reference: Energy Saving Solution Copyright ©2025 ENPLAS CORPORATION, All rights reserved 20 ① Transform business model to aim for becoming the world's No. 1 Gear Solution Provider ② Deliver new customers value through the development of innovative products in the Electric/Electronics field ③ Strengthen profitability in existing businesses ＜Sales＞ ＜Operating Income＞ (Million yen)(Million yen) Business Strategies 2024.3 2025.3 2026.3 2024.3 2025.3 2026.3 133 271 282 247 253 179 192 195 92 294 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2,989 3,289 3,313 3,530 3,558 3,436 3,604 3,398 3,173 3,634 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
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Reference: Mid-term Management Plan Copyright ©2025 ENPLAS CORPORATION, All rights reserved 21 We announced our Mid-Term Management Plan on April 30, 2025. https://www.enplas.co.jp/english/ir/mt/ Deliver Value to Customer as a Solution Provider Slogan One Enplas for Growth Mid-Term Management Policy (2026.3 – 2028.3)
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Enplas Corporation 2026.3 Second-Quarter Results https://www.enplas.co.jp/english/ Any statements in this presentation which are not historical are future projections based on certain assumptions and executive judgments drawn from currently available information. Please note that actual performance may vary significantly from any particular projection due to various factors. Factors affecting our actual performance include but are not limited to: (i) changes in economic conditions or demand trends related to Enplas’s business operations; (ii) fluctuation of foreign exchange rates or interest rates; and (iii) our ability to continue R&D, manufacturing and marketing in a timely manner in the electronics business sector, where technological innovations are rapid and new products are launched continuously. All the information in this document is the property of Enplas Corporation. All parties are prohibited, for whatever purpose,to copy, modify, reproduce, transmit, etc. this information regardless of ways and means without prior written permission of Enplas Corporation. The official version of this announcement was published in Japanese. An unofficial English translation is provided for the convenience of overseas investors. For any discrepancies between the Japanese and English versions, the Japanese version shall prevail. Copyright ©2025 ENPLAS CORPORATION, All rights reserved 22