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Financial Results Briefing for the Third Quarter of the Fiscal Year Ending March 31, 2026 (FY3/26) Supplementary Materials Thursday, Feb 12, 2026 Tokyo Stock Exchange Prime Market Securities Code: 9729 TOKAI Corp. 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.
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TOKAI Corp. Contents Summary of Financial Results Financial Results Highlights・・・・・・・・・・・・・ ・・・ 3 Financial Results (Consolidated Net Sales) ・・・・・・・・・ 4 Financial Results Highlights (Consolidated Operating Profit) ・・ 5 Consolidated Profit and Loss (P/L) ・・・・・・・・・・・・・ 6 Consolidated Financial Status (B/S) ・・・・・ ・・・・・・・ 7 Capital Investment Results ・・・・・・・・・・・・・・・・ 8 Topics ・・・・・・・・・・・・・・・・・・・・・・・・・ 9 Appendix TOKAI Group’s Business Domains ・・・・・・・・・・・・・11 TOKAI Group: Business History ・・・・・・・・・・・・・・ 12 Segments and Business Activities ・・・・・・・・・・・・・13 2
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TOKAI Corp. 3 ✓Consolidated net sales increased for the fifth consecutive fiscal years, and operating profit increased for the first time in two years, both reaching new record high 97,446 103,418 111,765 119,866 FY3/23 3Q FY3/24 3Q FY3/25 3Q FY3/26 3Q 5,558 5,866 5,672 6,830 FY3/23 3Q FY3/24 3Q FY3/25 3Q FY3/26 3Q Net sales Operating profit (¥mn) Financial Results Highlights
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TOKAI Corp. ✓ Net sales reached a new record high, driven by the steady performance of the mainstay rental business, the growth of sales in the Dispensing Pharmacy Business, and contributions from the two companies that were consolidated during the previous fiscal year, resulting in YoY revenue growth FY3/25 3Q FY3/26 3Q Healthcare Services Pharmacy Services OthersEnvironmental Services - Sales of hospitalization and residence sets, which are strategic products, increased (+7.7% YoY) - Pursued optimal pricing of services, especially linen supply for hotels - Strong results from elderly care equipment rental driven by growth in new users - Consolidated mikjapan and Kaigo Center Hanaoka - Withdrawal of underperforming establishments - In the Cleaning Equipment Manufacturing Business, certain projects shifted from 3Q to 4Q - The prescription unit price rose due to factors such as an increase in dispensing of high-cost drugs - Strengthening family pharmacy functions and enhancing the medical DX promotion framework contributed to increased technical fees - Consolidation of mikjapan Co., Ltd. - While sales of various toilet-related products remained strong, the dust control product segment continued to face a challenging business environment in both rentals and sales - Strong results from hospital cleaning services driven by new customer acquisition and price optimization initiatives (¥mn） Financial Results Highlights (Consolidated Net Sales) 4
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TOKAI Corp. ✓ Consolidated operating profit marked a new record high as profit increased year on year, mainly due to higher revenue in Healthcare Services FY3/25 3Q FY3/26 3Q Pharmacy Services Environ- mental Services Others Adjust- ments Healthcare Services Healthcare - Increase in profit from increased revenue - Increased costs such as outsourcing expenses were offset by optimization of service prices, especially linen supply for hotels - Shrank costs through efficient management of rental materials - Effect of higher revenue, including the impact from consolidation of Kaigo Center Hanaoka Co., Ltd. - Revenues improved due to factors such as pursuing structure reforms and other initiatives - While the Cleaning Equipment Manufacturing Business recorded a decline in profit due to lower sales, profits increased as a result of reduced expenses following the withdrawal from the iAide business at the end of March 2025 Pharmac y - Rising procurement costs against the backdrop of drug price revisions and tight drug supply - Increase in material costs due to additional replenishment of rental supplies - Increase in profit from increased revenue - 70th anniversary commemorative project expenses - Increase in expenses due to the transfer of Business Development Department costs to company-wide expenses (¥mn） 5 Financial Results Highlights (Consolidated Operating Profit)
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TOKAI Corp. (¥mn) FY3/24 3Q FY3/25 3Q FY3/26 3Q Change Change % Net sales 103,418 111,765 119,866 +8,101 +7.2% Healthcare Services 53,452 57,334 61,311 +3,977 +6.9% Pharmacy Services 38,922 43,366 47,181 +3,815 +8.8% Environmental Services 10,913 10,937 11,248 +310 +2.8% Others 130 126 124 -1 -1.1% Operating profit 5,866 5,672 6,830 +1,158 +20.4% Healthcare Services 4,667 4,929 6,249 +1,320 +26.8% Pharmacy Services 2,022 1,672 1,671 -0 -0.1% Environmental Services 1,041 987 1,005 +18 +1.8% Others -7 -11 -10 +1 ー Adjustments -1,857 -1,904 -2,085 -180 ー Ordinary profit 6,146 6,188 7,318 +1,129 +18.2% Profit attributable to owners of parent 4,127 4,409 5,143 +734 +16.7% Consolidated Profit and Loss (P/L) 6
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TOKAI Corp. FY3/25 FY3/26 3Q Change Current assets 56,311 59,272 +2,961 Non-current assets 57,977 58,443 +466 Total assets 114,289 117,716 +3,427 Current liabilities 23,153 28,440 +5,286 Non-current liabilities 5,293 5,787 +493 Total liabilities 28,447 34,227 +5,780 Total net assets 85,841 83,488 -2,352 Total liabilities and net assets 114,289 117,716 +3,427 Equity ratio 74.5% 70.3% -4.2pp Consolidated Financial Status (B/S) 7 (¥mn)
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TOKAI Corp. 970 691 1,431 366 514 901 359 677 1,219 114 158 108 57 193 507 714 566 932 971 FY3/25 3Q results FY3/26 3Q results FY3/26 planned 3,146 5,140 FY3/25 3Q FY3/26 3Q FY3/26 (planned)Change Change% Capital investments 3,146 3,168 +21 +0.7% 5,140 Depreciation 3,615 3,568 -47 -1.3% 5,035 Capital Investment Results 8 3,168 (¥mn) (Breakdown of capital investments) Rental materials Plant equipment, etc. New dispensing pharmacy openings System-related Others Plant construction expenses Facility renovation and new site openings in the elderly care equipment business
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TOKAI Corp. ■Overview of EVAH Co., Ltd. Head office address: 1-10-2 Tanotsu, Higashi Ward, Fukuoka City Business description: Elderly care equipment rental and sales; home modification services Annual turnover: Approx. ¥0.7bn (FY3/25) Sales offices: 6 locations (3 in Fukuoka, 2 in Saga, 1 in Nagasaki) Topic: Status of M&A Initiatives in Elderly Care Equipment Rental ✓ To achieve a 10% share in the field of elderly care equipment rental, we have positioned M&A as a key growth strategy and are proactively leveraging it to expand our market share across regions nationwide EVAH Co., Ltd. incorporated into the Group (currently non-consolidated) ✓ All shares were acquired in December 2025, thereby integrating EVAH Co., Ltd. into the Group. This acquisition is intended to accelerate business growth in northern Kyushu, with a focus on the Kyushu Maintenance Center, which began operations in 2024 Taking over elderly care equipment rental business from a major nursing care operator in Okayama ✓ In January 2026, we entered into a contract to take over the elderly care equipment rental business from Soushinkai Co., Ltd., a company that provides a wide range of elderly care services centered in Okayama Prefecture. By collaborating with the company, which enjoys strong brand recognition both within and outside the prefecture, we aim to further strengthen our presence in the Chugoku and Shikoku areas Sales offices in Kyushu area sites nationwide *As of December 31, 2025 Including 18 sites belonging to non-consolidated subsidiaries EVAH sales office Kyushu Maintenance Center Existing Group sales office 9
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TOKAI Corp. Appendix 10
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TOKAI Corp. 11 TOKAI Group’s Business Domains <Reference> Business Segments Healthcare Services Pharmacy Services Environmental Services ● Bedding and linen supply for ● Rental and sales of elderly care ● Bedding and linen supply for medical institutions and equipment accommodation facilities nursing care facilities ● Home modification ● Development and sale of ● Nursing assistance ● Rehabilitation-type daycare service labor-saving equipment for ● Distribution management within hospitals linen supply factories ● Food supply ● Aqua Clara ● Hospitalization and residence sets ● NEXSURG ● Pharmacy / At-home dispensing services ● Drugstores ● Leasekin ● Cleaning ● Bedding and linen supply for medical institutions and nursing care facilities ● Nursing assistance ● Distribution management within hospitals ● Food supply ● Hospitalization and residence sets ● NEXSURG (surgical linen reuse) ● Cleaning ● Rental and sales of elderly care equipment ● Home modification (barrier free conversion) ● Rehabilitation-type daycare service ● Pharmacy / At-home dispensing services ● Drugstores ● Bedding and linen supply for accommodation facilities ● Development and sale of labor-saving equipment for linen supply factories ● Aqua Clara (water server rental and water home delivery) ● Leasekin (environmental beautification equipment rental) Supporting medical and elderly care front lines Supporting the health of the local community Supporting independent living for seniors Supporting clean daily living
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TOKAI Corp. 12 Hospital Business Food Supply Business Bedding and Linen Supply Business Elderly Care Equipment Business Cleaning Equipment Manufacturing Business Aqua Clara Business Dispensing Pharmacy Business Drugstore Business Leasekin Business Cleaning Business Solar Power Business Established in 1955 as Tokai Mengyo Co., Ltd. (company name changed to TOKAI Corp. in 1975) 1955 Started bedding rental service During the era of high economic growth, supplied rental futons for workers’ quarters at construction sites. 1962 Started bedding rental business for hospitals 1987 Started hospital food supply business After outsourcing of hospital food services was approved in 1986, started offering services in TOKAI’s food supply business division (now Tokai Foods Co., Ltd.). 1996 Pursued full-scale development of elderly care equipment rental business Started Cleaning Equipment Manufacturing Business by incorporating PUREX Co., LTD. into the Group. 2011 Full-scale development of hospitalization and residence sets. 2005 Started surgical linen reuse business (NEXSURG.). Expecting market growth due to increased demand accompanying the enactment of the Long-Term Care Insurance Act in 2000 and the further aging of society, the Group enhanced its system by establishing Elderly Care Equipment Business divisions at all TOKAI branches. Active business expansion via opening own stores and M&A 2024 Entered the rehabilitation-type daycare service business by incorporating mik japan Co., Ltd. into the Group. 2003 Started Aqua Clara Business which provides a water delivery service. 2005 1995 Started Dispensing Pharmacy Business At a time when separation of medical and pharmacy services was being strongly recommended by the Ministry of Health and Welfare (now the Ministry of Health, Labour and Welfare), there was an expectation among client medical institutions that the Company would open dispensing pharmacies, and in response to this, it established Tanpopo Pharmacy Co., Ltd. 2012 Pursued full-scale development of at- home dispensing services. 2022 Launched official LINE account. Took steps to offer online medication guidance at all stores. 2020 Entered drugstore business by incorporating mik japan Co., Ltd. into the Group. 2024 After outsourcing of hospital bedding facilities was approved in 1961, started rental of bedding for hospitals. 1968 Started dust control product rental business As the concept of dust control became more widespread in the 1960s due to the Westernization of daily life in Japan, the Group leveraged its expertise in rental business and laundry facilities to enter the dust control business. It formed the Leasekin enterprise chain based on a franchise system and started developing it nationwide. 2014 Focused efforts on developing and expanding sales of toilet-related products with the aim of becoming number one in Japan in this area. 1985 Started Cleaning Business To expand the business and meet building maintenance needs, a subsidiary that handled Leasekin chemical products was established as a new corporation offering comprehensive building maintenance services (now T-assist Co., Ltd.). 2013 Bilmen Co., Ltd.* was incorporated into the Group to expand the business foundation in related areas. *On April 1, 2025, this company ceased to exist due to an absorption-type merger with T- assist Co., Ltd. as the merging company. 2012 Started Solar Power Business HealthcarePharmacyEnvironmental TOKAI Group: Business History 12
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TOKAI Corp. Healthcare 28.3% Hospital Rental of hospital bedding and white coats and contracted medical-related services including linen supply, nursing assistance, and distribution management within hospitals. Rental of bedding to nursing care facilities Stable earnings Bedding and Linen Supply Bedding rental and linen supply service to accommodation facilities such as hotels Growth drivers 16.9% Elderly Care Equipment Elderly Care Equipment Rental Elderly care equipment rental and sales and home modification services based on the Long-Term Care Insurance System Rehabilitation-Type Daycare Services Operation of Mik Kenko-no-Mori rehabilitation-type daycare service facilities aimed at maintaining and improving the physical functions of elderly people Growth drivers 3.7% Food Supply Food supply in medical institutions and nursing care facilities Profitability enhancement 2.6% Others Cleaning Equipment Manufacturing Business Development and manufacturing of machinery and equipment for finishing processes that contribute to reducing labor and increasing efficiency at cleaning plants Aqua Clara Business Aqua Clara water delivery service and others － Environ- mental 6.0% Leasekin Operation of a nationwide franchise for rental of Leasekin-brand environmental beautification products Profitability enhancement 3.3% Cleaning Operation of building cleaning and management services focused on medical institutions and nursing care facilities Stable earnings 0.4% Others Solar Power Business: electricity retail business using solar power installed on companies’ own premises, etc. and others － Pharmacy 36.6% Dispensing Pharmacy Operation of Tanpopo Pharmacy dispensing pharmacies, primarily located near medical institution entrances Profitability enhancement 2.2% Drugstore-Related （From FY3/25 End of Sep.） Operation of community-focused Drug Mik drugstores in the Kansai area － Segment-based Business Composition and Description *Segment composition indicates the percentage of FY3/25 consolidated net sales. In addition to the above, there are also businesses not included among reporting Segments. 51.4% 38.8% 9.6% Segment-based business composition Business composition by segment Positioning of the portfolio Business description 13
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TOKAI Corp. Disclaimer These materials were created solely for the purpose of providing information to shareholders and investors. They are not intended to solicit investment. Shareholders and investors should make investment-related decisions based on their own judgment Furthermore, these materials contain forward-looking predictions and forecasts. They were created based on the information currently available and assumptions deemed reasonable by the Company, and they include potential risks and uncertainties. Therefore, changes in various factors could cause the actual results to differ from the forecasts herein. There is no guarantee regarding the realization of these forecasts or the accuracy and completeness of the materials. Except where stipulated otherwise by law, TOKAI Corp. bears no obligation to update these materials with the latest information. 14