Interim report
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Note : This document has been translated from 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 . August 12 , 2026 Consolidated Financial Results for the First Quarter ( Three Months ) Ended June 30 , 2026 ( Based on Japanese GAAP ) NAGANO KEIKI CO . , LTD . Tokyo Stock Exchange https://www.naganokeiki.co.jp/ ( in Japanese ) Company name : Listing : Securities code : 7715 URL : Representative : Inquiries : Telephone : https://www.naganokeiki.co.jp/ir/index.html?lang=en ( in English ) Masatsugu Sato , President and Representative Director Norio Kakuryu , Managing Director + 81-3-3776-5333 Scheduled date to commence dividend payments : Preparation of supplementary material on financial results : Holding of financial results briefing : Yes None Yen amounts are rounded down to millions , 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 . ) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Three months ended June 30 , 2026 June 30 , 2025 Millions of yen 17,883 15,879 % Millions of yen 12.6 ( 6.2 ) % Millions of yen % Millions of yen % 2,042 1,346 51.6 ( 22.3 ) 2,141 1,303 64.3 ( 29.6 ) 1,478 41.2 1,047 ( 27.9 ) Note : Comprehensive income For the three months ended June 30 , 2026 : For the three months ended June 30 , 2025 : ¥ 2,982 million [ 76.0 % ] ¥ 1,694 million [ ( 39.6 ) % ] Earnings per share Diluted earnings per share Three months ended Yen Yen June 30 , 2026 June 30 , 2025 79.63 54.83 ( 2 ) Consolidated financial position As of June 30 , 2026 March 31 , 2026 Reference : Total assets Net assets Equity - to - asset ratio Millions of yen Millions of yen % 81,098 76,475 51,592 62.3 49,106 62.9 Equity As of June 30 , 2026 : As of March 31 , 2026 : ¥ 50,551 million ¥ 48,074 million
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2. Cash dividends Annual dividends per share First quarte r-end Second quarte r-end Third quarte r-end Fiscal yea r-end Total Yen Yen Yen Yen Yen Fiscal year ended March 31, 2026 – 26.00 – 26.00 52.00 Fiscal year ending March 31, 2027 – Fiscal year ending March 31, 2027 (Forecast) 30.00 – 30.00 60.00 Note: Revisions to the forecast of cash dividends most recently announced: None 3. Earnings forecasts of consolid ated financial results for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen First half 33,200 2.5 3,200 (1.6) 2,900 (8.5) 1,900 (15.3) 100.57 Full year 67,500 (0.3) 6,800 (2.6) 6,400 (6.7) 4,300 (20.3) 227.60 Note: Revisions to the earnings fore casts 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 th e preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, change s 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, 2026 18,892,484 shares As of March 31, 2026 18,892,484 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 319,725 shares As of March 31, 2026 319,693 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 18,572,791 shares Three months ended June 30, 2025 19,103,096 shares Note: The number of treasury shares at the end of the pe riod includes the Company’s shares held by Sumitomo Mitsui Trust Bank, Limited as trust assets for the share-based remuneration plan (120,200 shares as of June 30, 2026 and 120,200 shares as of June 30, 2025). In addition, the Company’s shares held by Sumitomo Mitsui Trust Bank, Limited as trust assets for the share-based remuneration plan are included in the treasury shares deducted in the calculation of the average number of shares outstanding during the period (120,200 shares in the three months ended June 30, 2026 and 130,700 shares in the three months ended June 30, 2025). * Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants or an audit corporation: Yes (voluntary) * Proper use of earnings forecasts, and other special matters (Caution regarding forward-looking statements and others) The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available and on certain assumptions deemed reasonable. Therefore, the Company does not guarantee the achievement of forecasts and other forward-looking statements. Actual results may differ significantly from these forecasts due to various factors. Please refer to “Explanation of earnings forecasts of consolidated financial results and other forward-looking statements” on page 3 of the attached material for the suppositions that form the assumptions for earnings forecasts and cautions concerning the use thereof.
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 1 - [Attached Material] Table of Contents 1. Overview of operating results and others ................................................................................................. 2 (1) Overview of operating results for the period under review ................................................................ 2 (2) Overview of financial position for the period under review ............................................................... 3 (3) Explanation of earnings forecasts of consolidated financial results and other forward-looking statements ........................................................................................................................................... 3 2. Quarterly consolidated financial statements and significant notes thereto ............................................... 4 (1) Quarterly consolidated balance sheet ................................................................................................. 4 (2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive income ....................................................................................................................... 6 (Quarterly consolidated statement of income) .................................................................................... 6 (Quarterly consolidated statement of comprehensive income) .......................................................... 7 (3) Notes to quarterly consolidated financial statements ......................................................................... 8 (Basis of preparation of quarterly consolidated financial statements) ................................................ 8 (Notes on premise of going concern) ................................................................................................. 8 (Notes on significant changes in the amount of shareholders’ equity) ............................................... 8 (Notes on quarterly consolidated statement of cash flows) ................................................................ 8 (Notes on segment information, etc.) ................................................................................................. 9
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 2 - 1. Overview of operating results and others (1) Overview of operating resu lts for the period under review During the three months ended June 30, 2026, the global economy faced ongoing concerns about stagnation in production activities due to rising crude oil prices and instability in the procurement of petroleum-derived materials, amidst escalating tensions in the Middle East. Under these circumstances, in the United States, manufacturing production remained active on the back of strong AI demand, and corporate capital investment remained strong. On the other hand, in Europe, the downturn in manufacturing, such as a decline in exports, continued. In China, although exports were strong, domestic demand decreased, leading to sluggish capital investment. In Japan, although the business sentiment in the petrochemical industry deteriorated due to the turmoil in the Middle East, the manufacturing sector’s sentiment improved, supported by the construction of data centers and increased investments in semiconductor-related areas. In our Group’s business results for the three months ended June 30, 2026, while demand for pressure gauges remained relatively stable in Japan due to ongoing measures against aging social infrastructure and plant-related demand, sales to the semiconductor industry increased as capital investment demand in the semiconductor industry, which was expected to remain in an inventory adjustment phase, surged unexpectedly. While sales of pressure sensors for the air-conditioning & piping materials industry and the industrial machinery industry increased, there was a significant increase in sales to the semiconductor industry, particularly due to the rising demand for data center construction. At the U.S. subsidiary, OEM business in the United States was strong, and sales of both pressure gauges and pressure sensors increased, primarily driven by industrial machinery-related products. Sales of the measurement & control equipment for air leakage testers used in the automotive and electronic components related industries increased. Sales of die-cast products for the automobile industry increased. These factors resulted in net sales of ¥17,883 million (up 12.6% year on year). As for profits, operating profit was ¥2,042 million (up 51.6% year on year) and ordinary profit was ¥2,141 million (up 64.3% year on year) mainly due to the recording of dividend income. Profit attributable to owners of parent was ¥1,478 million (up 41.2% year on year), mainly due to the recording of income taxes - current. Overview by segment is as follows: [Pressure gauge business] In the pressure gauge business, in Japan, there was an increase in demand for maintenance for the process industry, and sales to the industrial machinery industry, the FA pneumatic equipment industry and the semiconductor industry increased. At the U.S. subsidiary, sales to the industrial machinery industry increased. As a result, net sales for the pressure gauge business was ¥9,420 million (up 13.7% year on year), and operating profit for the business was ¥770 million (up 33.2% year on year). [Pressure sensor business] In the pressure sensor business, although sales for automobile pressure sensors decreased in Europe, sales increased in Japan for the process and new energy applications, air-conditioning & piping materials, and construction machinery sensors. Furthermore, despite the anticipated demand stagnation due to inventory adjustments, sales to the semiconductor industry saw a significant increase. At the U.S. subsidiary, sales increased due to strong performance in the industrial machinery sector. As a result, net sales for the pressure sensor business was ¥5,456 million (up 10.9% year on year), and operating profit for the business was ¥1,043 million (up 52.3% year on year). [Measurement & control equipment business] In the measurement & control equipment business, sales of pneumatic equipment remained at the same level in the corresponding period of the previous fiscal year, but sales of air leakage testers used in the automotive and electronic components related industries increased. As a result, net sales for the measurement & control equipment business was ¥1,107 million (up 30.0% year on year), and operating profit for the business was ¥142 million (up 1,420.5% year on year).
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 3 - [Die-cast business] In the die-cast business, with the automotive industry as a major customer, there was an increase in sales of die-cast products, on the back of a recovery in automobile production, net sales for the die-cast business was ¥1,431 million (up 7.4% year on year), and the operating profit for the business was ¥46 million (up 1.6% year on year). [Other businesses] In other businesses, as a result of the sale of the shopping town business (tenant building) in June 2025, store rental income decreased, but sales of automotive electrical components increased. As a result, net sales for other businesses was ¥467 million (down 4.0% year on year), and operating profit for the business was ¥39 million (up 42.1% year on year). (2) Overview of fina ncial position for the period under review Total assets as of June 30, 2026 increased by ¥4,623 million from the end of the previous fiscal year to ¥81,098 million. The main factors were an increase of ¥1,750 million in notes and accounts receivable - trade, and contract assets, an increase of ¥1,004 million in electronically recorded monetary claims - operating, and an increase of ¥1,451 million in investment securities due to an increase in their market value. Liabilities increased by ¥2,137 million from the end of the previous fiscal year to ¥29,506 million. The main factors were an increase of ¥721 million in short-term borrowings, an increase of ¥685 million in notes and accounts payable - trade, and an increase of ¥440 million in deferred tax liabilities. Net assets increased by ¥2,486 million from the end of the previous fiscal year to ¥51,592 million. The main factors were an increase of ¥1,060 million in valuation difference on available-for-sale securities, resulting from an increase in investment securities due to an increase in their market value, and an increase of ¥992 million in retained earnings. As a result, the equity-to-asset ratio was 62.3%, down 0.6 percentage points from the end of the previous fiscal year. (3) Explanation of earnings forecasts of consolid ated financial results and other forward-looking statements Regarding the earnings forecasts of consolidated financial results, there are no changes to the earnings forecasts for the first half and the full year as announced in the “Consolidated Financial Results for the Fiscal Year Ended March 31, 2026” on May 13, 2026. However, as the outlook for the economic environment remains uncertain, actual results may differ due to various factors.
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 4 - 2. Quarterly consolidated financial st atements and significant notes thereto (1) Quarterly consolidated balance sheet (Thousands of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 13,862,632 13,503,694 Notes and accounts receivable - trade, and contract assets 9,625,898 11,376,735 Electronically recorded monetary claims - operating 4,915,442 5,919,540 Inventories 16,341,999 16,819,494 Other 907,876 1,089,360 Allowance for doubtful accounts (292,793) (300,717) Total current assets 45,361,056 48,408,107 Non-current assets Property, plant and equipment Buildings and structures, net 3,237,299 3,224,295 Machinery, equipment and vehicles, net 4,702,349 4,668,241 Land 4,782,983 4,823,846 Leased assets, net 232,007 240,605 Construction in progress 745,368 647,958 Right-of-use assets, net 4,197,124 4,332,836 Other, net 429,953 446,558 Total property, plant and equipment 18,327,086 18,384,341 Intangible assets Other 646,638 648,435 Total intangible assets 646,638 648,435 Investments and other assets Investment securities 9,888,815 11,340,174 Retirement benefit asset 1,045,710 1,063,491 Deferred tax assets 377,094 401,285 Other 829,944 854,273 Allowance for doubtful accounts (1,198) (1,164) Total investments and other assets 12,140,367 13,658,059 Total non-current assets 31,114,092 32,690,836 Total assets 76,475,148 81,098,944
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 5 - (Thousands of yen) As of March 31, 2026 As of June 30, 2026 Liabilities Current liabilities Notes and accounts payable - trade 3,846,333 4,531,612 Short-term borrowings 3,596,847 4,318,650 Current portion of long-term borrowings 1,045,077 1,131,145 Lease liabilities 739,126 700,273 Income taxes payable 1,131,591 1,234,771 Provision for bonuses 1,525,252 1,485,356 Other 3,024,820 3,376,579 Total current liabilities 14,909,050 16,778,389 Non-current liabilities Long-term borrowings 4,472,578 4,012,525 Lease liabilities 3,121,719 3,226,413 Deferred tax liabilities 2,275,927 2,716,352 Provision for retirement benefits for directors (and other officers) 119,034 116,943 Provision for share awards 62,384 68,089 Retirement benefit liability 2,316,913 2,340,548 Asset retirement obligations 32,949 32,949 Other 58,164 213,887 Total non-current liabilities 12,459,671 12,727,710 Total liabilities 27,368,722 29,506,099 Net assets Shareholders’ equity Share capital 4,380,126 4,380,126 Capital surplus 4,504,503 4,504,503 Retained earnings 32,782,009 33,774,911 Treasury shares (314,769) (314,886) Total shareholders’ equity 41,351,869 42,344,655 Accumulated other comprehensive income Valuation difference on available-for-sale securities 5,338,591 6,399,124 Deferred gains or losses on hedges 28,089 66,071 Foreign currency translation adjustment 757,890 1,145,520 Remeasurements of defined benefit plans 598,202 596,048 Total accumulated other comprehensive income 6,722,774 8,206,764 Non-controlling interests 1,031,782 1,041,424 Total net assets 49,106,426 51,592,844 Total liabilities and net assets 76,475,148 81,098,944
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 6 - (2) Quarterly consolidated stat ement of income and quarterly consolidated statement of comprehensive income (Quarterly consolidated statement of income) (Thousands of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 15,879,693 17,883,986 Cost of sales 11,012,726 11,861,996 Gross profit 4,866,966 6,021,990 Total selling, general and administrative expenses 3,520,050 3,979,542 Operating profit 1,346,915 2,042,447 Non-operating income Interest income 3,164 9,845 Dividend income 94,511 85,144 Foreign exchange gains – 15,159 Share of profit of entities accounted for using equity method 3,245 73,723 Other 36,890 36,967 Total non-operating income 137,812 220,840 Non-operating expenses Interest expenses 109,953 109,590 Foreign exchange losses 31,581 – Other 39,378 12,022 Total non-operating expenses 180,913 121,612 Ordinary profit 1,303,815 2,141,675 Extraordinary income Gain on sale of non-current assets 571,363 1,544 Gain on sale of shares of subsidiaries and associates – 277,630 Total extraordinary income 571,363 279,175 Extraordinary losses Loss on sale of non-current assets 25,880 4,259 Loss on retirement of non-current assets 3,483 0 Loss on valuation of shares of subsidiaries and associates – 24,851 Total extraordinary losses 29,363 29,110 Profit before income taxes 1,845,815 2,391,740 Income taxes - current 797,498 949,344 Income taxes - deferred (42,753) (56,278) Total income taxes 754,744 893,065 Profit 1,091,071 1,498,674 Profit attributable to non-controlling interests 43,631 19,754 Profit attributable to owners of parent 1,047,439 1,478,920
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 7 - (Quarterly consolidated statement of comprehensive income) (Thousands of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 1,091,071 1,498,674 Other comprehensive income Valuation difference on available-for-sale securities 882,261 1,060,837 Deferred gains or losses on hedges 65,347 37,981 Foreign currency translation adjustment (208,270) 398,612 Remeasurements of defined benefit plans, net of tax (96,692) (2,154) Share of other comprehensive income of entities accounted for using equity method (38,908) (10,982) Total other comprehensive income 603,737 1,484,294 Comprehensive income 1,694,809 2,982,969 Comprehensive income attributable to Comprehensive income attributable to owners of parent 1,651,077 2,962,910 Comprehensive income attributable to non-controlling interests 43,731 20,058
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 8 - (3) Notes to quarterly consolid ated financial statements (Basis of preparation of quarterly consolidated financial statements) The quarterly consolidated financial statements are prepared in accordance with Rule 4, paragraph 1 of the Standards for Preparation of Quarterly Financial Statements of Tokyo Stock Exchange, Inc. and the accounting standard for interim consolidated financial statements generally accepted in Japan (however, the omissions set forth in Rule 4, paragraph 2 of the Standards for Preparation of Quarterly Financial Statements have been applied). (Notes on premise of going concern) Not applicable (Notes on significant changes in the amount of shareholders’ equity) Not applicable. (Notes on quarterly consolidated statement of cash flows) The Company has not prepared quarterly consolidated statement of cash flows for the three months ended June 30, 2026. In addition, the amount of depreciation (including amortization related to intangible assets) for the three months ended June 30, 2025 and 2026 are as stated below. (Thousands of yen) Three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) Three months ended June 30, 2026 (from April 1, 2026 to June 30, 2026) Depreciation 423,461 438,283
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NAGANO KEIKI CO., LTD. (7715) Financial Results for the First Quarter (Three Months) Ended June 30, 2026 - 9 - (Notes on segment information, etc.) [Segment information] I Three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) 1. Information about net sales and profit (loss) for each reportable segment (Thousands of yen) Reportable segment Other (Note 1) Total Adjust- ments (Note 2) Amounts on quarterly consolidated statement of income Pressure gauge Pressure sensor Measure- ment & control equipment Die-cast Total Net sales (1) Sales to external customers 8,288,710 4,919,259 852,376 1,332,085 15,392,431 487,261 15,879,693 – 15,879,693 (2) Intersegment sales or transfers – 6,172 561 – 6,733 49 6,782 (6,782) – Total 8,288,710 4,925,431 852,937 1,332,085 15,399,164 487,311 15,886,476 (6,782) 15,879,693 Segment profit 578,234 684,981 9,394 45,345 1,317,956 27,589 1,345,545 1,370 1,346,915 Notes: 1. The “Other” category is business segments that are not included in the reportable segments, and includes the real estate lease business and the automotive electrical components business. 2. The adjustment of segment profit of ¥1,370 thous and refers to inter-segment transaction eliminations. 2. Information about impairment losses of non-current assets or goodwill, etc. by reportable segment Not applicable. II Three months ended June 30, 2026 (from April 1, 2026 to June 30, 2026) 1. Information about net sales and profit (loss) for each reportable segment (Thousands of yen) Reportable segment Other (Note 1) Total Adjust- ments (Note 2) Amounts on quarterly consolidated statement of income Pressure gauge Pressure sensor Measure- ment & control equipment Die-cast Total Net sales (1) Sales to external customers 9,420,482 5,456,420 1,107,954 1,431,266 17,416,123 467,863 17,883,986 – 17,883,986 (2) Intersegment sales or transfers – 8,170 2,807 1,318 12,296 104 12,400 (12,400) – Total 9,420,482 5,464,590 1,110,761 1,432,585 17,428,419 467,967 17,896,386 (12,400) 17,883,986 Segment profit 770,401 1,043,111 142,840 46,093 2,002,447 39,216 2,041,663 784 2,042,447 Notes: 1. The “Other” category is business segments that are not included in the reportable segments, and includes the automotive electrical components business. 2. The adjustment of segment profit of ¥784 thousa nd refers to inter-segment transaction eliminations. 2. Information about impairment losses of non-current assets or goodwill, etc. by reportable segment Not applicable.