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Happinet Stock Listing : Tokyo Stock Exchange Code Number : 7552 HAPPINET CORPORATION Financial Highlights for the 1st Quarter of the Fiscal Year Ending March 31 , 2027 4 JPX PRIME TOKYO
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2 Changes in business results 1st quarter of 1st quarter of 1st quarter of 1st quarter of 1st quarter of FY2022 FY2023 FY2024 FY2025 FY2026 Net sales \million 61,680 82,299 82,358 95,927 105,281 307,253 350,461 364,418 439,052 Operating profit \million 1,148 2,180 3,278 3,943 4,534 5,842 8,679 11,677 15,590 Ordinary profit \million 1,322 2,338 3,474 4,068 4,571 6,194 8,974 11,963 15,701 Profit attributable to owners of parent \million 825 1,459 2,388 3,319 2,746 3,561 6,581 6,764 10,096 Comprehensive income \million 889 2,094 2,718 4,383 2,437 3,157 7,547 8,350 9,382 Net assets \million 43,506 46,408 51,487 57,707 59,149 45,213 51,299 55,672 60,285 Total assets \million 87,596 101,774 110,938 129,887 138,776 94,275 113,415 121,452 144,003 Net assets per share \ 968.89 1,031.60 1,148.97 1,305.12 1,355.85 1,007.13 1,140.95 1,259.24 1,382.59 Earnings per share \ 18.72 32.88 53.62 75.60 63.40 80.38 147.73 153.41 230.91 32.50 62.50 65.00 92.50 (12.50) (12.50) (12.50) (12.50) No. of employees people 958 947 1,128 1,150 1,144 940 1,081 1,123 1,113 FY2022 FY2023 FY2024 FY2025 Dividends per share (Interim dividends) \ 1．With August 31, 2023, as the deemed acquisition date, Broccoli Co., Ltd. became a consolidated subsidiary. (The results of the acquired company were included in the Consolidated Profit ＆ loss statement from the 3rd quarter of FY2023.) 2. On January 1, 2026, the Company conducted a two-for-one share split of its common shares. The calculation of net assets per share, earnings per share and dividends per share (Interim dividends) is done under the assumption that the share split occurred at the past fiscal year. Notes:
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3 Consolidated results (1)Profit & loss statement （¥million,%） % of total YoY % of total YoY Net sales 95,927 100.0 16.5 105,281 100.0 9.8 Cost of sales * 84,077 87.6 17.3 92,170 87.5 9.6 Gross profit 11,849 12.4 10.7 13,111 12.5 10.7 SG&A expenses 7,906 8.2 6.5 8,577 8.1 8.5 Logistics cost 1,939 2.0 16.9 2,228 2.1 14.9 Personnel cost 2,742 2.9 4.5 2,771 2.6 1.1 Depreciation cost 348 0.4 27.5 264 0.3 -24.1 Amortization of goodwill 146 0.2 - 146 0.1 - Operating profit 3,943 4.1 20.3 4,534 4.3 15.0 Non-operating income 157 0.2 -24.3 205 0.2 30.6 Interest and dividend income 114 0.1 -2.2 136 0.1 19.7 Foreign exchange gains - - - 34 0.0 - Other 43 0.0 -41.0 34 0.0 -20.4 Non-operating expenses 31 0.0 162.5 168 0.2 428.9 Interest expenses 0 0.0 470.8 0 0.0 70.8 Foreign exchange losses 19 0.0 - - - - Provision of allowance for doubtful accounts 0 0.0 - 140 0.1 - Other 12 0.0 0.7 27 0.0 129.5 Ordinary profit 4,068 4.2 17.1 4,571 4.3 12.3 Extraordinary income 2 0.0 -97.3 - - - Extraordinary losses 3 0.0 -24.4 1 0.0 -48.4 Profit before income taxes 4,067 4.2 13.8 4,569 4.3 12.3 Income taxes 748 0.8 -37.0 1,822 1.7 143.5 Profit attributable to owners of parent 3,319 3.5 39.0 2,746 2.6 -17.3 *Including loss on desposal of inventories \163m in FY2025, \416m in FY2026. Earnings per share（\） 75.60 - 41.0 63.40 - -16.1 No.of employees at end of period （people） 1,150 - 2.0 1,144 - -0.5 Capital expenditures 71 - -73.9 222 - 210.8 1st quarter of FY2025 (from Apr.1,2025 to Jun.30,2025) 1st quarter of FY2026 (from Apr.1,2026 to Jun.30,2026) Notes : On January 1, 2026, the Company conducted a two-for-one share split of its common shares. The calculation of earnings per share is done under the assumption that the share split occurred at the past fiscal year.
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4 Consolidated results (1)Profit & loss statement ■ Net sales ■ Segment income ① Changes by business segment （¥million,%） （¥million,%） % of total YoY % of total YoY % of total YoY Toy business 41,151 42.9 8.8 46,834 44.5 13.8 192,417 43.8 13.5 Visual and Music business 15,679 16.3 12.6 14,297 13.6 -8.8 62,216 14.2 -3.6 Video-game business 24,523 25.6 32.2 25,191 23.9 2.7 119,019 27.1 52.5 Amusement business 14,572 15.2 20.9 18,958 18.0 30.1 65,398 14.9 24.9 Total 95,927 100.0 16.5 105,281 100.0 9.8 439,052 100.0 20.5 1st quarter of FY2025 (from Apr.1,2025 to Jun.30,2025) 1st quarter of FY2026 (from Apr.1,2026 to Jun.30,2026) FY2025 (from Apr.1,2025 to Mar.31,2026) % of total YoY % of total YoY % of total YoY Toy business 2,308 58.6 10.0 2,636 58.2 14.2 11,317 72.6 24.1 Visual and Music business 256 6.5 -40.4 -571 -12.6 - -1,115 -7.2 - Video-game business 585 14.8 64.5 786 17.3 34.4 2,201 14.1 772.5 Amusement business 1,169 29.7 57.4 2,042 45.1 74.7 5,192 33.3 71.7 Eliminations and corporate -377 -9.6 7.4 -360 -8.0 -4.4 -2,005 -12.8 18.5 Total 3,943 100.0 20.3 4,534 100.0 15.0 15,590 100.0 33.5 1st quarter of FY2025 (from Apr.1,2025 to Jun.30,2025) 1st quarter of FY2026 (from Apr.1,2026 to Jun.30,2026) FY2025 (from Apr.1,2025 to Mar.31,2026)
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5 Consolidated results (1)Profit & loss statement ② Main business summary ■ Toy business (Net Sales) ■ Visual and Music business (Net Sales) （¥billion,%） （¥billion,%） % of total YoY % of total YoY % of total YoY 18.9 46.1 15.2 24.1 51.5 27.3 91.2 47.4 10.4 TOMY COMPANY,LTD 1.9 4.6 34.1 2.2 4.9 19.4 9.6 5.0 19.5 Happinet originals 1.6 3.9 19.5 1.5 3.4 -2.3 7.9 4.1 14.6 Other manufactures 18.6 45.4 0.4 18.8 40.2 0.9 83.6 43.5 16.4 41.1 100.0 8.8 46.8 100.0 13.8 192.4 100.0 13.5 1st quarter of FY2025 (from Apr.1,2025 to Jun.30,2025) 1st quarter of FY2026 (from Apr.1,2026 to Jun.30,2026) FY2025 (from Apr.1,2025 to Mar.31,2026) Total BANDAI CO.,Ltd BANDAI SPIRITS CO., LTD. % of total YoY % of total YoY % of total YoY Wholesale 6.9 44.0 16.9 6.0 42.3 -12.4 24.0 38.6 -10.6 Production 2.1 13.8 29.5 2.4 17.5 15.5 11.5 18.6 27.0 Visual 9.0 57.8 19.6 8.5 59.8 -5.7 35.5 57.2 -1.1 Music 6.6 42.2 4.2 5.7 40.2 -13.0 26.6 42.8 -6.7 15.6 100.0 12.6 14.2 100.0 -8.8 62.2 100.0 -3.6 1st quarter of FY2025 (from Apr.1,2025 to Jun.30,2025) 1st quarter of FY2026 (from Apr.1,2026 to Jun.30,2026) FY2025 (from Apr.1,2025 to Mar.31,2026) Total
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6 Consolidated results (1)Profit & loss statement ■ Amusement business (Net Sales) ■ Video-game business (Net Sales) *ＳＩＥ・・・ Sony Interactive Entertainment LLC （¥billion,%） （¥billion,%） % of total YoY % of total YoY % of total YoY Nintendo 21.2 86.6 63.0 21.4 85.0 0.8 102.0 85.7 92.7 S I E * 1.7 7.0 -56.8 1.9 7.6 12.3 9.9 8.4 -43.4 Other 1.5 6.4 1.2 1.8 7.4 18.7 6.9 5.9 -6.8 24.5 100.0 32.2 25.1 100.0 2.7 119.0 100.0 52.5 Total 1st quarter of FY2025 (from Apr.1,2025 to Jun.30,2025) 1st quarter of FY2026 (from Apr.1,2026 to Jun.30,2026) FY2025 (from Apr.1,2025 to Mar.31,2026) % of total YoY % of total YoY % of total YoY Capsule toy 11.7 80.8 35.6 15.9 84.3 35.7 52.8 80.8 33.0 Kid's card game 0.7 5.3 -13.3 0.9 4.9 20.3 3.6 5.6 9.3 Other 2.0 13.9 -18.4 2.0 10.8 1.1 8.8 13.6 -4.0 14.5 100.0 20.9 18.9 100.0 30.1 65.3 100.0 24.9 1st quarter of FY2025 (from Apr.1,2025 to Jun.30,2025) 1st quarter of FY2026 (from Apr.1,2026 to Jun.30,2026) FY2025 (from Apr.1,2025 to Mar.31,2026) Total
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7 Consolidated results (2)Balance sheet （¥million） 1st quarter (As of Jun.30,2025) Full year (As of Mar.31,2026) 1st quarter (As of Jun.30,2026) Change Cash and deposits 26,363 50,825 41,830 -8,995 Notes and accounts receivable - trade 57,020 50,860 52,135 1,275 Electronically recorded monetary claims - operating 2,475 4,065 5,722 1,656 Inventories 10,826 8,689 11,227 2,537 Advance payments to suppliers 3,560 3,899 3,222 -676 Other 3,588 2,551 2,513 -38 Allowance for doubtful accounts -6 -4 -4 0 Total current assets 103,828 120,888 116,647 -4,241 Property, plant and equipment 5,481 5,172 5,163 -9 Buildings and structures 1,917 1,865 1,910 45 Machinery, equipment and vehicles 1,711 1,488 1,428 -60 Land 1,564 1,564 1,564 - Other 287 254 259 5 Intangible assets 3,618 3,046 2,884 -161 Goodwill 1,898 1,460 1,314 -146 Other 1,720 1,586 1,570 -15 Investments and other assets 16,957 14,895 14,081 -814 Investment securities 10,698 7,997 7,557 -439 Deferred tax assets 1,756 1,696 1,274 -421 Other 4,506 5,617 5,804 186 Allowance for doubtful accounts -3 -416 -555 -139 Total non-current assets 26,058 23,114 22,128 -985 Total assets 129,887 144,003 138,776 -5,226 FY2025 FY2026 (Assets)
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8 Consolidated results (2)Balance sheet （¥million） 1st quarter (As of Jun.30,2025) Full year (As of Mar.31,2026) 1st quarter (As of Jun.30,2026) Change Notes and accounts payable-trade 51,766 55,154 56,857 1,702 Accounts payable-other 8,404 12,876 10,302 -2,573 Income taxes payable 935 4,179 1,262 -2,917 Provision for bonuses 476 316 418 102 Other 2,836 3,734 3,055 -679 Total current liabilities 64,419 76,261 71,896 -4,364 Provision for share awards 316 473 506 33 Provision for share awards for directors (and other officers) 343 748 748 - Retirement benefit liability 3,501 3,502 3,527 24 Deferred tax liabilities 1,348 197 235 38 Other 2,250 2,534 2,712 177 Total non-current liabilities 7,760 7,456 7,730 274 Total liabilities 72,179 83,717 79,627 -4,090 Share capital 2,751 2,751 2,751 - Capital surplus 3,353 3,353 3,353 - Retained earnings 48,061 54,275 53,423 -852 Treasury shares -2,983 -4,840 -4,816 24 Total shareholder's equity 51,182 55,539 54,711 -827 Valuation difference on available-for-sale securities 6,132 4,336 4,028 -307 Deferred gains or losses on hedges -10 7 6 -1 Total accumulated other comprehensive income 6,122 4,343 4,034 -309 Share acquisition rights 402 402 402 - Total Net assets 57,707 60,285 59,149 -1,136 Total liabilities and Net assets 129,887 144,003 138,776 -5,226 Net assets per share(￥) 1,305.12 1,382.59 1,355.85 -26.74 (Net assets) FY2025 FY2026 (Liabilities) Notes : On January 1, 2026, the Company conducted a two-for-one share split of its common shares. The calculation of net assets per share is done under the assumption that the share split occurred at the past fiscal year.
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Notes This material is for informational purposes only and is not intended to solicit any action. This document was prepared by Happinet based on the information currently available, however it contains risks and uncertainties. Happinet accepts no liability for the certainty and completeness of the information. Please use this material at your own discretion. Happinet is not responsible for any losses that may arise from investment decisions based entirely on the outlook, target figures, and other factors described in this material. ■ For inquiries regarding this matter, please contact the following. Corporate Planning Team, Corporate Management Division E-mail: keiki_koho@HSN.happinet.co.jp 9