Interim report
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DISCLAIMER : 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 Japanese GAAP ) Company name : Listing : KAMEI CORPORATION Tokyo Stock Exchange Securities code : 8037 URL : Representative : Inquiries : https://www.kamei.co.jp/ Akio Kamei , Representative Director , President Tadaaki Endo , Managing Officer , General Administration Division Manager Telephone : + 81-22-264-6111 Scheduled date to commence dividend payments : Preparation of supplementary material on financial results : August 6 , 2026 Yes Holding of financial results briefing : 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 Profit attributable to owners of Operating profit Ordinary profit parent Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % June 30 , 2026 150,621 6.7 6,059 50.6 6,664 49.1 4,573 55.8 June 30 , 2025 141,162 8.4 4,023 23.3 4,468 17.3 2,935 31.3 Note : Comprehensive income For the three months ended June 30 , 2026 : For the three months ended June 30 , 2025 : Basic earnings per share ¥ 6,134 million ¥ 931 million [ 558.5 % ] [ ( 80.6 ) % ] Diluted earnings per share Three months ended June 30 , 2026 June 30 , 2025 Yen Yen 149.46 95.93 ( 2 ) Consolidated financial position As of June 30 , 2026 Total assets Net assets Equity - to - asset ratio Millions of yen Millions of yen % 329,243 181,959 54.7 331,061 178,348 52.4 ¥ 179,994 million As of March 31 , 2026 : ¥ 173,545 million March 31 , 2026 Reference : Equity As of June 30 , 2026 : 2 . Cash dividends Net assets per share Yen 5,882.31 5,671.53 First quarter - end Second quarter - end Annual dividends per share Third quarter - end Fiscal year - end Total Yen Yen Yen Yen Yen Fiscal year ended 50.00 65.00 115.00 March 31 , 2026 Fiscal year ending March 31 , 2027 Fiscal year ending March 31 , 2027 ( Forecast ) Note : Revisions to the forecast of cash dividends most recently announced : Yes 68.00 68.00 3. Forecast of consolidated financial results for the fiscal year ending March 31 , 2027 ( from April 1 , 2026 to March 31 , 2027 ) Six months ending September 30 , 2026 Fiscal year ending 136.00 Net sales Operating profit Ordinary profit ( Percentages indicate year - on - year changes . ) Profit attributable to Basic earnings per share owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen 283,130 5.5 624,910 7.2 9,520 33.9 10,410 35.5 6.480 36.5 211.77 17,890 5.4 19,570 4.9 12,050 1.3 393.80 March 31 , 2027 Note : Revisions to the earnings forecasts most recently announced : Yes
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* Notes (1) Significant changes in the scope of consolidation during the period: None (2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, changes 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 32,991,969 shares As of March 31, 2026 32,991,969 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 2,392,659 shares As of March 31, 2026 2,392,611 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 30,599,336 shares Three months ended June 30, 2025 30,599,673 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 The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors. Please refer to “(3) Explanation on consolidated earnings forecasts and other forward-looking statements” of “1. Qualitative Information on Quarterly Financial Results” on page 4 of the attached materials for the conditions that form the assumptions for the earnings forecasts and cautions concerning the use thereof.
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Quarterly consolidated balance sheet (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 68,571 76,354 Notes and accounts receivable - trade, and contract assets 70,286 61,840 Merchandise and finished goods 33,360 31,981 Work in process 2,808 4,479 Raw materials and supplies 1,520 1,238 Other 11,840 8,968 Allowance for doubtful accounts (143) (138) Total current assets 188,244 184,724 Non-current assets Property, plant and equipment Buildings and structures 71,259 71,688 Accumulated depreciation (44,859) (45,426) Buildings and structures, net 26,400 26,262 Land 37,750 39,114 Other 103,147 104,402 Accumulated depreciation (61,070) (62,503) Other, net 42,076 41,898 Total property, plant and equipment 106,227 107,275 Intangible assets Goodwill 1,440 1,382 Customer-related assets 747 660 Other 2,683 2,646 Total intangible assets 4,870 4,688 Investments and other assets Investment securities 24,803 25,571 Other 8,334 8,400 Allowance for doubtful accounts (1,419) (1,417) Total investments and other assets 31,717 32,554 Total non-current assets 142,816 144,518 Total assets 331,061 329,243
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(Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities Current liabilities Notes and accounts payable - trade 54,741 51,663 Short-term borrowings 32,611 27,997 Income taxes payable 4,235 3,256 Advances received 6,629 9,018 Provision for bonuses 2,397 1,654 Other 15,694 17,879 Total current liabilities 116,310 111,470 Non-current liabilities Long-term borrowings 4,384 4,274 Provision for retirement benefits for directors (and other officers) 146 151 Retirement benefit liability 2,795 2,845 Asset retirement obligations 1,369 1,383 Other 27,706 27,158 Total non-current liabilities 36,402 35,813 Total liabilities 152,713 147,284 Net assets Shareholders' equity Share capital 8,132 8,132 Capital surplus 10,759 13,146 Retained earnings 137,238 139,823 Treasury shares (3,321) (3,322) Total shareholders' equity 152,809 157,780 Accumulated other comprehensive income Valuation difference on available-for-sale securities 8,123 8,667 Deferred gains or losses on hedges (0) (0) Revaluation reserve for land 293 293 Foreign currency translation adjustment 12,367 13,303 Remeasurements of defined benefit plans (47) (50) Total accumulated other comprehensive income 20,736 22,213 Non-controlling interests 4,803 1,964 Total net assets 178,348 181,959 Total liabilities and net assets 331,061 329,243
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Quarterly consolidated statement of income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 141,162 150,621 Financial revenue 325 203 Cost of sales 117,412 123,615 Gross profit 24,075 27,210 Selling, general and administrative expenses 20,052 21,151 Operating profit 4,023 6,059 Non-operating income Interest income 92 58 Dividend income 278 345 Purchase discounts 66 75 Reversal of allowance for doubtful accounts - 8 Share of profit of entities accounted for using equity method 51 39 Other 305 323 Total non-operating income 793 850 Non-operating expenses Interest expenses 172 181 Donations 40 39 Provision of allowance for doubtful accounts 58 - Other 76 25 Total non-operating expenses 347 245 Ordinary profit 4,468 6,664 Extraordinary income Gain on sale of non-current assets 2 14 Total extraordinary income 2 14 Extraordinary losses Loss on sale of non-current assets - 2 Loss on retirement of non-current assets 3 4 Other 3 1 Total extraordinary losses 7 8 Profit before income taxes 4,464 6,670 Income taxes - current 1,111 2,628 Income taxes - deferred 200 (650) Total income taxes 1,311 1,977 Profit 3,153 4,693 Profit attributable to non-controlling interests 217 119 Profit attributable to owners of parent 2,935 4,573
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Quarterly consolidated statement of comprehensive income (Millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit 3,153 4,693 Other comprehensive income Valuation difference on available-for-sale securities (62) 527 Deferred gains or losses on hedges 0 0 Foreign currency translation adjustment (2,223) 943 Remeasurements of defined benefit plans, net of tax 55 (17) Share of other comprehensive income of entities accounted for using equity method 8 (12) Total other comprehensive income (2,221) 1,441 Comprehensive income 931 6,134 Comprehensive income attributable to Comprehensive income attributable to owners of parent 738 6,050 Comprehensive income attributable to non-controlling interests 192 83
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(Notes on segment information, etc.) I. The three months of the previous fiscal year (April 1, 2025 to June 30, 2025) Information on sales and the amount of profit or loss for each reported segment (Millions of yen) Reportable segments Energy Food Construction Automotive Overseas and trade Pet Sales Revenues from external customers 64,303 9,988 12,148 20,683 22,470 4,354 Transactions with other segments 810 384 180 50 66 0 Total 65,113 10,373 12,328 20,734 22,537 4,354 Segment profit or loss (loss) 1,011 172 297 1,541 1,367 131 Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Quarterly Consolidated Statements of Income (Note)3 Pharmacy Total Sales Revenues from external customers 4,935 138,884 2,278 141,162 - 141,162 Transactions with other segments 15 1,508 1,553 3,061 (3,061) - Total 4,951 140,392 3,831 144,224 (3,061) 141,162 Segment profit or loss (loss) (38) 4,483 335 4,819 (796) 4,023 Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes sales of inf ormation equipment, transportation, real estate leasing, etc. 2. Segment profit or loss (loss) adjustment amount of (796) million yen includes company- wide expenses that have not been allocated to each reporting segment. This includes (736) million yen and (59) million yen for fixed assets. Corporate expenses are general and administrative expe nses that are not primarily attributable to the reporting segment. 3. Segment profit or loss (loss) is adjusted for operating income in the quarterly consolidated statements of income. II. The three months of the current fiscal year (April 1, 2026 to June 30, 2026) Information on sales and the amount of profit or loss for each reported segment (Millions of yen) Reportable segments Energy Food Construction Automotive Overseas and trade Pet Sales Revenues from external customers 72,769 9,588 10,344 22,270 24,073 4,555 Transactions with other segments 636 380 23 49 33 - Total 73,406 9,969 10,367 22,319 24,106 4,555 Segment profit or loss (loss) 4,102 (74) 230 1,470 922 83 Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Quarterly Consolidated Statements of Income (Note)3 Pharmacy Total Sales Revenues from external customers 4,825 148,427 2,194 150,621 - 150,621 Transactions with other segments 8 1,132 1,580 2,712 (2,712) - Total 4,833 149,559 3,774 153,334 (2,712) 150,621 Segment profit or loss (loss) (146) 6,589 277 6,867 (807) 6,059 Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes sales of information equipment, transportation, real estate leasing, etc. 2. Adjusted for segment profit or loss (loss) of (807) million yen includes company-wide expenses that have not been allocated to each reporting segment. This includes (809) million yen and 1 million yen of adjustments to fixed assets. Corporate expenses are general and administ rative expenses that are not primarily attributable to the reporting segment. 3. Segment profit or loss (loss) is adjusted for operating income in the quarterly consolidated statements of income.