Interim report
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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 (under IFRS) August 4, 2026 Company name: F.C.C. CO., LTD. Listing: Tokyo Stock Exchange Securities code: 7296 URL: https://www.fcc-net.co.jp/ Representative: Yoshitaka Saito, Representative Director, President and Executive Officer Contact: Mikinobu Nagasaka, Director, Senior Executive Officer, Head of Management and Administration TEL: +81-53-523-2400 Scheduled date to commence dividend payments: – Preparation of supplementary material on financial results: Yes Holding of financial results briefing: None (Millions of yen with fractional amounts rounded, unless otherwise noted) 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.) Revenue Operating profit Profit before income taxes Profit Profit attributable to owners of parent Total comprehensive income Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % June 30, 2026 71,800 18.3 7,032 38.8 7,723 41.8 5,848 24.7 5,814 24.3 8,959 326.7 June 30, 2025 60,705 (5.3) 5,068 2.5 5,447 (17.8) 4,688 1.5 4,679 1.8 2,099 (81.3) Basic earnings per share Diluted earnings per share Three months ended Yen Yen June 30, 2026 120.06 – June 30, 2025 96.63 – (2) Consolidated financial position Total assets Total equity Equity attributable to owners of parent Ratio of equity attributable to owners of parent to total assets Equity attributable to owners of parent per share As of Millions of yen Millions of yen Millions of yen % Yen June 30, 2026 267,589 209,106 207,766 77.6 4,289.64 March 31, 2026 264,353 206,299 205,015 77.6 4,232.83
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2. Cash dividends Annual cash 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, 2026 – 67.00 － 127.00 194.00 Fiscal year ending March 31, 2027 – Fiscal year ending March 31, 2027 (Forecast) 90.00 － 90.00 180.00 Note: Revisions to the forecast of cash dividends most recently announced: Yes Note: For details of the revision of the cash dividends forecast, please refer to the "Notice Concerning Revision to Earnings Forecast and Dividend Forecast" announced on August 4, 2026 3. Consolidated earnings forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027) (Percentages indicate year-on-year changes.) Revenue Operating profit Profit before income taxes Profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six months ending September 30, 2026 136,000 7.6 12,000 18.4 13,000 17.6 9,500 5.8 9,400 4.8 196.07 Fiscal year ending March 31, 2027 265,000 1.6 22,000 16.2 24,000 11.3 17,100 (9.1) 17,000 (9.4) 356.43 Note: Revisions to the consolidated earnings forecast most recently announced: Yes Note: For details of the revision of the consolidated earnings forecast, please refer to the "Notice Concerning Revision to Earnings Forecast and Dividend Forecast" announced on August 4, 2026. Note: At the Board of Directors meeting held on May 13, 2026, the Company resolved to acquire treasury stock, conduct a tender offer for treasury stock, and cancel treasury stock. This tender offer concluded on June 10, 2026, and the settlement was completed on July 2, 2026. The acquired treasury stock is scheduled to be canceled as of August 31, 2026. For details, please refer to the "Notice Regarding the Results of the Tender Offer for Treasury Stock, the Conclusion of the Acquisition, and the Number of Shares of Treasury Stock to be Canceled" announced on June 11, 2026. The "Basic Earnings Per Share" in the consolidated earnings forecast for the fiscal year ending March 2027 takes into account the impact of the acquisition and cancellation of the said treasury stock.
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* Notes (1) Significant changes in the scope of consolidation during the period: None Newly included: None Excluded: None (2) Changes in accounting policies and changes in accounting estimates a. Changes in accounting policies required by IFRS: None b. Changes in accounting policies other than the above: None c. Changes in accounting estimates: None (3) Number of shares issued (ordinary shares) a. Total number of shares issued at the end of the period (including treasury shares) As of June 30, 2026 52,056,530 shares As of March 31, 2026 52,056,530 shares b. Number of treasury shares at the end of the period As of June 30, 2026 3,622,040 shares As of March 31, 2026 3,621,868 shares c. Average number of shares during the period (cumulative from the beginning of the fiscal year) For the three months ended June 30, 2026 48,434,538 shares For the three months ended June 30, 2025 48,423,608 shares * Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None * Proper use of earnings forecasts, and other special matters Caution regarding forward-looking statements The forward-looking statements including earnings forecasts contained in these materials are based on information currently available to the Company and certain assumptions deemed reasonable by the Company, and are not intended as the Company’s commitment to achieve such forecasts. Actual business and other results may differ significantly from these forecasts due to a wide range of factors. How to obtain supplementary results briefing material on consolidated financial results For supplementary materials for financial results, "References Summary of FY2027 First Quarter Financial Results (Consolidated)" is attached to this quarterly financial report.
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- 1 - Condensed quarterly consolidated financial statements (1) Condensed quarterly consolidated statement of financial position (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and cash equivalents 71,360 71,000 Trade and other receivables 46,178 45,556 Other financial assets 9,454 8,318 Inventories 36,329 39,430 Other current assets 5,021 4,807 Total current assets 168,343 169,113 Non-current assets Property, plant and equipment 67,016 68,260 Goodwill and intangible assets 2,655 2,703 Investments accounted for using the equity method 104 113 Other financial assets 21,305 22,808 Deferred tax assets 4,200 3,835 Other non-current assets 726 753 Total non-current assets 96,009 98,475 Total assets 264,353 267,589
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- 2 - (Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities and equity Liabilities Current liabilities Trade and other payables 24,595 24,112 Borrowings 3,846 4,868 Other financial liabilities 361 633 Income taxes payable 1,122 1,530 Provisions 9,209 8,998 Other current liabilities 9,168 8,428 Total current liabilities 48,303 48,571 Non-current liabilities Other financial liabilities 817 867 Defined benefit liability 3,123 3,154 Provisions 14 14 Deferred tax liabilities 5,045 5,131 Other non-current liabilities 749 744 Total non-current liabilities 9,750 9,912 Total liabilities 58,054 58,483 Equity Issued capital 4,175 4,175 Retained earnings 166,974 166,620 Treasury shares (7,296) (7,297) Other components of equity 41,162 44,266 Total equity attributable to owners of parent 205,015 207,766 Non-controlling interests 1,283 1,339 Total equity 206,299 209,106 Total liabilities and equity 264,353 267,589
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- 3 - (2) Condensed quarterly consolidated statement of income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Revenue 60,705 71,800 Cost of sales (49,603) (57,820) Gross profit 11,102 13,980 Selling, general and administrative expenses (6,104) (7,072) Other income 353 194 Other expense (283) (68) Operating profit 5,068 7,032 Finance income 838 788 Finance costs (458) (97) Profit before income taxes 5,447 7,723 Income tax expense (759) (1,875) Profit 4,688 5,848 Profit attributable to Owners of parent 4,679 5,814 Non-controlling interests 8 33 Profit 4,688 5,848 Earnings per share Basic earnings per share (Yen) 96.63 120.06 Diluted earnings per share (Yen) － －
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- 4 - (3) Condensed quarterly consolidated statement of comprehensive income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 4,688 5,848 Other comprehensive income Components that will not be reclassified to profit or loss Remeasurements of defined benefit plans 1 (17) Changes in the fair value of financial assets measured at fair value through other comprehensive income 325 893 Total 327 875 Components that may be reclassified to profit or loss Exchange differences of foreign operations (2,895) 2,234 Share of other comprehensive income of associates accounted for using equity method (20) 0 Total (2,915) 2,235 Total other comprehensive income (2,588) 3,110 Comprehensive income 2,099 8,959 Comprehensive income attributable to Owners of parent 2,021 8,902 Non-controlling interests 77 56 Comprehensive income 2,099 8,959
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- 5 - (4) Condensed quarterly consolidated statement of changes in equity Three months ended June 30, 2025 Equity attributable to owners of parent Issued capital Capital surplus Retained earnings Treasury shares Other components of equity Exchange differences of foreign operations Changes in the fair value of financial assets measured at fair value through other comprehensive income Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Balance as of April 1, 2025 4,175 － 156,211 (7,312) 25,100 6,045 Profit － － 4,679 － － － Other comprehensive income － － － － (2,977) 318 Total comprehensive income － － 4,679 － (2,977) 318 Purchase of treasury shares － － － (0) － － Share-based payment transactions － (0) － (0) － － Dividends － － (4,890) － － － Transfer from retained earnings to capital surplus － 0 (0) － － － Transfer from other components of equity － － 1 － － － Total transactions with the owners － － (4,888) (0) － － Balance as of Jun 30, 2025 4,175 － 156,002 (7,312) 22,122 6,364 Equity attributable to owners of parent Non- contro- lling interests Total equity Other components of equity Total Remeasurements of defined benefit plans Total Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Balance as of April 1, 2025 － 31,146 184,221 1,222 185,444 Profit － － 4,679 8 4,688 Other comprehensive income 1 (2,657) (2,657) 69 (2,588) Total comprehensive income 1 (2,657) 2,021 77 2,099 Purchase of treasury shares － － (0) － (0) Share-based payment transactions － － (0) － (0) Dividends － － (4,890) (0) (4,891) Transfer from retained earnings to capital surplus － － － － － Transfer from other components of equity (1) (1) － － － Total transactions with the owners (1) (1) (4,891) (0) (4,891) Balance as of Jun 30, 2025 － 28,486 181,352 1,299 182,652
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- 6 - Three months ended June 30, 2026 Equity attributable to owners of parent Issued capital Capital surplus Retained earnings Treasury shares Other components of equity Exchange differences of foreign operations Changes in the fair value of financial assets measured at fair value through other comprehensive income Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Balance as of April 1, 2026 4,175 － 166,974 (7,296) 34,278 6,883 Profit － － 5,814 － － － Other comprehensive income － － － － 2,221 883 Total comprehensive income － － 5,814 － 2,221 883 Purchase of treasury shares － － － (0) － － Share-based payment transactions － (0) － (0) － － Dividends － － (6,151) － － － Transfer from retained earnings to capital surplus － 0 (0) － － － Transfer from other components of equity － － (17) － － － Total transactions with the owners － － (6,168) (0) － － Balance as of Jun 30, 2026 4,175 － 166,620 (7,297) 36,499 7,767 Equity attributable to owners of parent Non- contro- lling interests Total equity Other components of equity Total Remeasurements of defined benefit plans Total Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Balance as of April 1, 2026 － 41,162 205,015 1,283 206,299 Profit － － 5,814 33 5,848 Other comprehensive income (17) 3,087 3,087 23 3,110 Total comprehensive income (17) 3,087 8,902 56 8,959 Purchase of treasury shares － － (0) － (0) Share-based payment transactions － － (0) － (0) Dividends － － (6,151) (0) (6,152) Transfer from retained earnings to capital surplus － － － － － Transfer from other components of equity 17 17 － － － Total transactions with the owners 17 17 (6,151) (0) (6,152) Balance as of Jun 30, 2026 － 44,266 207,766 1,339 209,106
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- 7 - (5) Condensed quarterly consolidated statement of cash flows (Millions of yen) Three months ended June 30, 2024 Three months ended June 30, 2025 Cash flows from (used in) operating activities Profit before income taxes 5,447 7,723 Depreciation and amortization expense 2,772 3,106 Finance income and finance costs (605) (1,047) Loss (gain) on sales and retirement of non-current assets 17 (7) Decrease (Increase) in inventories (621) (2,416) Decrease (Increase) in trade and other receivables 2,210 1,248 Increase (decrease) in trade and other payables 1,387 (1,035) Increase (decrease) in defined benefit liability (279) 132 Increase (decrease) in provisions (905) (211) Other (2,703) (697) Subtotal 6,719 6,795 Interest and dividend income received 855 800 Interest expenses paid (6) (7) Income taxes paid (1,142) (1,198) Income taxes refund and interest on refund received 4 2 Net cash flows from (used in) operating activities 6,430 6,391 Cash flows from (used in) investing activities Payments into time deposits (5,856) (4,491) Proceeds from withdrawal of time deposits 6,501 5,727 Purchase of property, plant and equipment (4,262) (3,206) Proceeds from sales of property, plant and equipment 18 64 Purchase of intangible assets (205) (220) Payments of loans receivable (11) (19) Collection of loans receivable 27 22 Purchase of investments (179) (111) Proceeds from sales and redemption of investments 0 － Other 70 (60) Net cash flows from (used in) investing activities (3,898) (2,296) Cash flows from (used in) financing activities Net increase (decrease) in short-term borrowings － 1,000 Repayments of lease liabilities (123) (227) Purchase of treasury shares (0) (0) Cash dividends paid (4,802) (6,060) Cash dividends paid to non-controlling shareholders (0) (0) Net cash flows from (used in) financing activities (4,927) (5,288) Net increase (decrease) in cash and cash equivalents (2,394) (1,193) Cash and cash equivalents at beginning of period 68,496 71,360 Effect of exchange rate change on cash and cash equivalents (1,485) 833 Cash and cash equivalents at end of period 64,616 71,000
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- 8 - (Segment information) (1) Overview of reportable segments The reporting segments of the Group are the components of the Group for which separate financial information is available and are subject to periodic review by the Board of Directors to determine the allocation of management resources and to evaluate performance. For the two-wheel business and the four-wheel business, the Two-wheel Business Management and the Four-wheel Business Management, respectively, formulate comprehensive domestic and overseas strategies and develop businesses, while for the environmental energy business, the New Business Development Management formulates comprehensive domestic and overseas strategies and develops businesses. Therefore, the Group has the "Two-wheel Business," "Four-wheel Business," and "Environmental Energy Business" as its reporting segments. The "Two-wheel Business" manufactures and sells clutch and EV/CASE products such as motorcycles, scooters, and ATVs. The "Four-wheel Business" manufactures and sells clutch and EV/CASE products such as manual and automatic vehicles. The "Environmental Energy Business" primarily manufactures and sells products and provides services in the environmental and energy fields.Please note that from the first quarter of the current consolidated fiscal year, the name of the "Non-mobility Business" has been changed to the "Environmental Energy Business." This change is only a name change and does not affect the segment information. The segment information for the previous first quarter consolidated cumulative period is also described using the changed name.
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- 9 - (2) Revenue and performance for reportable segments Three months ended June 30, 2025 Reportable segments Consolidated Motorcycles business Automobiles business Non-mobility business Total Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Revenue External revenue 28,163 32,516 25 60,705 60,705 Intersegment revenue － － － － － Total 28,163 32,516 25 60,705 60,705 Depreciation and amortization expense (1,224) (1,514) (33) (2,772) (2,772) Other profit (loss) (24,422) (27,851) (591) (52,864) (52,864) Operating profit (loss) 2,516 3,151 (599) 5,068 5,068 Finance income 838 Finance costs (458) Profit before income taxes 5,447 Three months ended June 30, 2026 Reportable segments Consolidated Motorcycles business Automobiles business Non-mobility business Total Millions of yen Millions of yen Millions of yen Millions of yen Millions of yen Revenue External revenue 34,595 37,164 39 71,800 71,800 Intersegment revenue － － － － － Total 34,595 37,164 39 71,800 71,800 Depreciation and amortization expense (1,440) (1,580) (85) (3,106) (3,106) Other profit (loss) (29,552) (31,501) (607) (61,661) (61,661) Operating profit (loss) 3,603 4,082 (653) 7,032 7,032 Finance income 788 Finance costs (97) Profit before income taxes 7,723
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- 10 - (References) Summary of FY2027 First Quarter Financial Results <Consolidated> August 4, 2026 F.C.C. CO., LTD. (Millions of yen) Fiscal Year Ended March 2026 1st Quarter Result (Apr.2025- Jun.2025） Fiscal Year Ended March 2027 1st Quarter Result (Apr.2026-Jun.2026) Fiscal Year Ended March 2026 Result (Apr.2025-Mar.2026) Fiscal Year Ending March 2027 Forecast (Apr.2026-Mar.2027) Fiscal Year Ending March 2027 Previous Forecast ［May 13,2026］ (Apr.2026-Mar.2027) Revenue 60,705 71,800 260,836 265,000 260,000 Operating profit 〈Margin〉 5,068 8.3% 7,032 9.8% 18,927 7.3% 22,000 8.3% 20,000 7.7% Profit before income taxes 〈Margin〉 5,447 9.0% 7,723 10.8% 21,567 8.3% 24,000 9.1% 22,000 8.5% Profit attributable to owners of parent 〈Margin〉 4,679 7.7% 5,814 8.1% 18,760 7.2% 17,000 6.4% 15,000 5.8% FX（Average exchange rate） USD ￥144.60 ￥159.50 円 ￥150.78 ￥152.37 ￥150.00 MXN ￥7.42 ￥9.18 円 ￥8.18 ￥8.57 ￥8.37 THB ￥4.37 ￥4.90 円 ￥4.68 ￥4.65 ￥4.57 IDR ￥0.0088 ￥0.0091 円 ￥0.0091 ￥0.0090 ￥0.0089 INR ￥1.69 ￥1.69 円 ￥1.71 ￥1.65 ￥1.64 CNY ￥19.99 ￥23.44 円 ￥21.25 ￥22.14 ￥21.70 BRL ￥25.53 ￥31.62 円 ￥27.77 ￥29.43 ￥28.70 NTD ￥4.69 ￥5.05 円 ￥4.89 ￥4.84 ￥4.77 PHP ￥2.57 ￥2.62 円 ￥2.61 ￥2.52 ￥2.49 VND ￥0.00559 ￥0.00608 円 ￥0.00578 ￥0.00581 ￥0.00572 Capital Expenditures 4,858 3,106 16,451 22,510 21,500 Depreciation 2,421 2,587 9,692 9,570 9,630 R&D 1,947 2,225 8,246 9,500 9,600 Analysis of Operating Profit Variance（YoY） Fiscal Year Ended March 2027 1st Quarter Result (Apr.2026-Jun.2026) Fiscal Year Ending March 2027 Forecast (Apr.2026-Mar.2027) Fiscal Year Ending March 2027 Previous Forecast ［May 13,2026］ (Apr.2026-Mar.2027) Revenue, model mix*1 +1,965 +600 (1,210) Depreciation (23) +100 (40) R&D Expenses (278) (1,300) (1,350) SGA*2 (401) +3,500 +3,400 Foreign Exchange rates +773 0 (530) US tariff impact (126) +600 +960 Others +55 (427) (157) Total +1,965 +3,073 +1,073 *1 Includes an increase in raw material prices stemming from the situation in the Middle East *2 Includes product warranty (quality related) expenses. (The full-year results for the previous fiscal period include quality related expenses, whereas the full-year forecast for the fiscal year ending March 2027 does not include quality related expenses) Caution regarding forward-looking statements The forward-looking statements including earnings forecasts contained in these materials are based on information currently available to the Company and certain assumptions deemed reasonable by the Company and are not intended as the Company’s commitment to achieve such forecasts. Actual business and other results may differ significantly from these forecasts due to a wide range of factors.