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 . Summary of Flash Report for the First Quarter ( Three Months ) Ended June 30 , 2026 ( based on Japanese GAAP ) ( on a consolidated basis ) August 6 , 2026 Name of the listed company : Fuji Seal International , Inc. Security code : 7864 Stock exchange : Tokyo Prime URL : http://www.fujiseal.com Representative : Shigeko Okazaki , President and CEO Contact : Fumitaka Goto , IR Division Manager TEL + 81-6-6350-1080 Scheduled date for initiation of dividend payments : Prepared supplementary presentation material : Yes Held results briefing : Yes ( for securities analysts and institutional investors ) * All amounts are rounded down to the nearest million yen . 1. Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( April 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated operating results ( cumulative ) Three months ended ( Millions of yen ) ( % : year on year change ) Net sales Operating profit Ordinary profit Profit attributable to owners of parent 60,352 9.8 % 6,240 3.9 % 6,842 21.4 % 4,954 14.3 % 54,943 4.7 6,005 34.0 5,635 8.6 4,334 18.5 June 30 , 2026 June 30 , 2025 Note : Comprehensive income Three months ended June 30 , 2026 : ¥ 5,772 million [ 300.4 % ] June 30 , 2025 : ¥ 1,441 million [ ( 81.7 ) % ] Three months ended June 30 , 2026 June 30 , 2025 Earnings per share ( ¥ ) Diluted EPS ( ¥ ) 92.88 81.29 ( 2 ) Consolidated financial position ( Millions of yen ) Total assets As of June 30 , 2026 As of March 31 , 2026 243,238 226,082 Net assets 164,611 161,264 Equity ratio ( % ) 67.7 Net assets per share ( ¥ ) 3,084.60 71.3 3,023.11 Reference : Owners ' equity 2. Dividends As of June 30 , 2026 : ¥ 164,611 million As of March 31 , 2026 : ¥ 161,264 million Cash dividends per share ( ¥ ) 1st Quarter - end 2nd Fiscal year - end Annual 3rd 35.00 46.00 81.00 Fiscal year ended March 31 , 2026 Fiscal year ending March 31 , 2027 Fiscal year ending March 31 , 2027 ( forecast ) 43.00 Note : Revisions to the most recently disclosed dividend payment forecasts : None 1 44.00 87.00
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2 3. Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2027 (from April 1, 2026 to March 31, 2027) (Millions of yen) (%: year on year change) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share (¥) Fiscal year ending March 31, 2027 228,600 5.0% 22,200 8.5% 22,400 1.8% 15,300 (25.9)% 286.82 Note: Revisions to the most recently disclosed financial forecasts: None 4. Notes (1) Significant changes in the scope of consolidation during the three-month period: None New: — (Company name: —) Excluded: — (Company name: —) (2) Application of specific accounting treatments to the preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates, and restatements 1. Changes in accounting policies due to revisions to accounting standards, etc.: None 2. Changes in accounting policies other than 1.: None 3. Changes in accounting estimates: None 4. Restatements: None (4) Number of ordinary shares issued 1. Number of shares issued at the end of the period (including treasury shares) As of June 30, 2026 60,161,956 shares As of March 31, 2026 60,161,956 shares 2. Number of treasury shares at the end of the period As of June 30, 2026 6,796,331 shares As of March 31, 2026 6,818,091 shares 3. Average number of shares during the period Three months ended June 30, 2026 53,349,248 shares Three months ended June 30, 2025 53,318,911 shares Note: The number of treasury shares at the end of the period includes shares of the Company held by a saving-type employee stock ownership plan (ESOP) trust account and a grant-type ESOP trust account. In addition, shares of the Company held by each trust account are included in the treasury shares excluded from the calculation of the average number of shares during the period. * Review of the attached quarterly consolidated financial statements by a certified public accountant or an audit firm: Yes (voluntary) (How to Obtain Financial Results Supplementary Briefing Materials) The Company plans to hold a briefing for institutional investors and analysts on August 6, 2026. The financial results supplementary briefing materials that will be used on that day are scheduled to be posted on the Company’s website today.
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3 5. Quarterly Consolidated Financial Statements (1) Quarterly Consolidated Balance Sheets (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 35,801 37,679 Notes and accounts receivable - trade 56,232 59,617 Electronically recorded monetary claims - operating 10,296 13,278 Merchandise and finished goods 11,162 10,973 Work in process 7,086 8,831 Raw materials and supplies 10,550 11,476 Other 7,595 8,199 Allowance for doubtful accounts (95) (85) Total current assets 138,630 149,971 Non-current assets Property, plant and equipment Buildings and structures, net 26,528 35,989 Machinery, equipment and vehicles, net 21,559 22,887 Tools, furniture and fixtures, net 2,751 2,731 Land 9,331 9,353 Leased assets, net 291 294 Construction in progress 13,791 8,695 Other, net 876 849 Total property, plant and equipment 75,129 80,801 Intangible assets Goodwill 936 914 Other 1,261 1,409 Total intangible assets 2,197 2,324 Investments and other assets Investment securities 3,135 3,143 Deferred tax assets 3,287 3,273 Other 3,789 3,815 Allowance for doubtful accounts (88) (90) Total investments and other assets 10,124 10,141 Total non-current assets 87,451 93,267 Total assets 226,082 243,238
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4 (Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities Current liabilities Accounts payable - trade 16,408 20,221 Electronically recorded obligations - operating 8,672 9,829 Short-term borrowings 4,000 5,000 Current portion of long-term borrowings 745 2,355 Lease liabilities 89 96 Accounts payable - other 4,706 10,381 Income taxes payable 703 1,325 Provision for bonuses 2,720 3,108 Other 14,872 15,875 Total current liabilities 52,919 68,195 Non-current liabilities Long-term borrowings 5,613 4,048 Lease liabilities 103 97 Deferred tax liabilities 1,739 1,800 Retirement benefit liability 2,986 3,020 Other 1,455 1,464 Total non-current liabilities 11,898 10,431 Total liabilities 64,817 78,626 Net assets Shareholders’ equity Share capital 5,990 5,990 Capital surplus 6,665 6,800 Retained earnings 135,909 138,393 Treasury shares (12,056) (12,146) Total shareholders’ equity 136,508 139,038 Accumulated other comprehensive income Valuation difference on available-for-sale securities 991 989 Deferred gains or losses on hedges (3) — Foreign currency translation adjustment 23,556 24,378 Remeasurements of defined benefit plans 211 205 Total accumulated other comprehensive income 24,755 25,573 Total net assets 161,264 164,611 Total liabilities and net assets 226,082 243,238
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5 (2) Quarterly Consolidated Statements of Income and Consolidated Statements of Comprehensive Income Quarterly Consolidated Statements of Income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 54,943 60,352 Cost of sales 42,336 45,797 Gross profit 12,606 14,555 Selling, general and administrative expenses 6,600 8,315 Operating profit 6,005 6,240 Non-operating income Interest income 72 140 Dividend income 56 78 Foreign exchange gains — 415 Other 47 48 Total non-operating income 176 683 Non-operating expenses Interest expenses 64 77 Foreign exchange losses 459 — Depreciation of inactive non-current assets 20 1 Other 2 1 Total non-operating expenses 547 80 Ordinary profit 5,635 6,842 Extraordinary income Gain on sale of non-current assets 0 32 Gain on sale of investment securities — 1 Total extraordinary income 0 33 Extraordinary losses Loss on sale and retirement of non-current assets 9 42 Expense on restructuring of organization 24 — Impairment losses — 28 Total extraordinary losses 33 71 Profit before income taxes 5,603 6,804 Income taxes - current 1,786 1,792 Income taxes - deferred (517) 56 Total income taxes 1,268 1,849 Profit 4,334 4,954 Profit attributable to owners of parent 4,334 4,954
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6 Quarterly Consolidated Statements of Comprehensive Income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 4,334 4,954 Other comprehensive income Valuation difference on available-for-sale securities (33) (2) Deferred gains or losses on hedges 0 3 Foreign currency translation adjustment (2,855) 822 Remeasurements of defined benefit plans, net of tax (3) (5) Total other comprehensive income (2,892) 817 Comprehensive income 1,441 5,772 Comprehensive income attributable to Comprehensive income attributable to owners of parent 1,441 5,772 Comprehensive income attributable to non-controlling interests — —
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7 (3) Quarterly Consolidated Statements of Cash Flows (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Cash flows from operating activities Profit before income taxes 5,603 6,804 Depreciation 2,051 2,119 Impairment losses — 28 Amortization of goodwill 18 22 Restructuring costs 24 — Increase (decrease) in allowance for doubtful accounts (72) (9) Increase (decrease) in provision for bonuses 471 386 Increase (decrease) in retirement benefit liability 26 29 Loss (gain) on sales and retirement of noncurrent assets 8 9 Interest and dividend income (128) (218) Interest expenses 64 77 Foreign exchange losses (gains) 223 (337) Decrease (increase) in trade receivables (2,104) (6,000) Decrease (increase) in inventories (1,187) (2,270) Increase (decrease) in trade payables 3,639 4,911 Increase (decrease) in accounts payable - other (475) 526 Other, net 761 1,021 Subtotal 8,924 7,101 Interest and dividends received 134 218 Interest paid (87) (91) Restructuring costs paid — (239) Income taxes refund (paid) (1,259) (612) Net cash provided by (used in) operating activities 7,712 6,377 Cash flows from investing activities Payments into time deposits (256) (163) Proceeds from withdrawal of time deposits 1,148 372 Purchase of property, plant and equipment (3,606) (2,820) Proceeds from sale of property, plant and equipment 33 5 Purchase of intangible assets (29) (227) Purchase of investment securities (5) (11) Payments of contingent consideration for acquisition of shares of subsidiaries — (174) Loan advances (0) (6) Proceeds from collection of loans receivable 2 2 Other, net (5) (15) Net cash provided by (used in) investing activities (2,720) (3,037) Cash flows from financing activities Net increase (decrease) in short-term borrowings (2,000) 1,000 Purchase of treasury shares (1,077) (0) Proceeds from sale of treasury shares 46 44 Dividends paid (2,055) (2,470) Other, net (96) (91) Net cash provided by (used in) financing activities (5,183) (1,517) Effect of exchange rate change on cash and cash equivalents (657) 258 Net increase (decrease) in cash and cash equivalents (848) 2,080 Cash and cash equivalents at beginning of period 29,051 35,344 Cash and cash equivalents at end of period 28,203 37,425