Interim report
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Note : 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 ) August 7 , 2026 Company name : TOKAI Corp. Listing : Tokyo Stock Exchange Securities code : 9729 URL : https://www.tokai-corp.com/ Representative : Toshiaki Asai Inquiries : Masaru Wada Telephone : + 81-58 ( 263 ) -5111 Scheduled date to commence dividend payments : Representative Director & President Corporate Officer , Head of Finance & Corporate Planning Division Preparation of supplementary material on financial results : Yes Holding of financial results briefing : None FASF ( 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 . ) Profit attributable to owners of parent Net sales Three months ended June 30 , 2026 Millions of yen 40,582 % 3.6 Operating profit Millions of yen 2,072 % 11.5 Ordinary profit Millions of yen 2,244 % Millions of yen % June 30 , 2025 39,182 11.3 1,858 15.3 2,037 10.1 11.6 1,438 7.2 1,341 ( 21.9 ) Note : Comprehensive income For the three months ended June 30 , 2026 : For the three months ended June 30 , 2025 : ¥ 1,724 million 10.1 % ] ¥ 1,566 million [ 11.9 % ] Basic earnings per share Three months ended June 30 , 2026 Yen 46.57 39.67 Diluted earnings per share Yen June 30 , 2025 Note : In the third quarter of the previous fiscal year , the Company finalized the provisional accounting treatment for a business combination , and the figures for the first quarter of the previous fiscal year are based on the amounts revised to reflect the finalization of the provisional accounting treatment . ( 2 ) Consolidated financial position As of June 30 , 2026 Total assets Net assets Equity - to - asset ratio Millions of yen 116,600 114,695 Millions of yen 85,315 % 72.5 84,431 73.0 As of June 30 , 2026 : ¥ 84,531 million As of March 31 , 2026 : ¥ 83,720 million March 31 , 2026 Reference : Equity
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22222..... CCCCCaaaaassssshhhhh dddddiiiiivvvvviiiiidddddeeeeennnnndddddsssss Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended - 34.00 - 34.00 68.00March 31, 2026 Fiscal year ending -March 31, 2027 Fiscal year ending March 31, 2027 (Forecast) 40.00 - 40.00 80.00 Note: Revisions to the forecast of cash dividends most recently announced: None Note: Breakdown of dividends for the fiscal year ended March 31, 2026 : Commemorative dividend 10 yen Special dividend - yen 33333..... CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd fffffiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll rrrrreeeeesssssuuuuulllllttttt fffffooooorrrrreeeeecccccaaaaassssstttttsssss fffffooooorrrrr ttttthhhhheeeee fffffiiiiissssscccccaaaaalllll yyyyyeeeeeaaaaarrrrr eeeeennnnndddddiiiiinnnnnggggg MMMMMaaaaarrrrrccccchhhhh 3333311111,,,,, 22222000002222277777 (((((fffffrrrrrooooommmmm AAAAAppppprrrrriiiiilllll 11111,,,,, 22222000002222266666 tttttooooo MMMMMaaaaarrrrrccccchhhhh 3333311111,,,,, 22222000002222277777))))) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Full year 165,400 3.6 8,985 (4.2) 9,437 (6.5) 6,117 0.8 198.08 Note: Revisions to the financial result forecast most recently announced: None ***** NNNNNooooottttteeeeesssss (1) Significant changes in the scope of consolidation during the period: Yes Newly included: 1 companies( Nissei Linen Supply Co., Ltd. ) Excluded: - companies( ) (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 33,092,146 shares As of March 31, 2026 33,092,146 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 2,207,536 shares As of March 31, 2026 2,207,474 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 30,884,610 shares Three months ended June 30, 2025 33,819,938 shares * Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: Yes(voluntary) * Proper use of earnings forecasts, and other special matters
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Quarterly Consolidated Financial Statements and Primary Notes Quarterly Consolidated Balance Sheet (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 25,998 26,540 Notes and accounts receivable - trade 23,187 23,593 Securities 487 289 Inventories 6,362 6,792 Other 1,454 1,687 Allowance for doubtful accounts (56) (64) Total current assets 57,434 58,838 Non-current assets Property, plant and equipment Buildings and structures, net 14,958 14,858 Machinery, equipment and vehicles, net 5,468 5,649 Land 11,376 11,406 Other, net 3,157 3,327 Total property, plant and equipment 34,961 35,241 Intangible assets Goodwill 2,780 3,009 Other 2,406 2,521 Total intangible assets 5,186 5,531 Investments and other assets Investment securities 9,696 9,915 Deferred tax assets 2,068 1,821 Other 5,631 5,531 Allowance for doubtful accounts (282) (279) Total investments and other assets 17,113 16,989 Total non-current assets 57,261 57,761 Total assets 114,695 116,600
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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 11,563 12,161 Short-term borrowings 2,979 4,639 Income taxes payable 2,140 307 Provision for bonuses 2,382 1,156 Provision for bonuses for directors (and other officers) 70 20 Other 5,867 7,227 Total current liabilities 25,003 25,511 Non-current liabilities Long-term borrowings 61 58 Deferred tax liabilities 888 1,302 Provision for retirement benefits for directors (and other officers) 444 439 Retirement benefit liability 2,323 2,430 Other 1,543 1,542 Total non-current liabilities 5,260 5,773 Total liabilities 30,264 31,284 Net assets Shareholders' equity Share capital 8,108 8,108 Capital surplus 3,331 3,308 Retained earnings 74,053 74,623 Treasury shares (4,752) (4,752) Total shareholders' equity 80,740 81,287 Accumulated other comprehensive income Valuation difference on available-for-sale securities 2,870 3,141 Remeasurements of defined benefit plans 108 102 Total accumulated other comprehensive income 2,979 3,244 Non-controlling interests 710 783 Total net assets 84,431 85,315 Total liabilities and net assets 114,695 116,600
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Quarterly Consolidated Statements of Income and Comprehensive Income Quarterly Consolidated Statement of Income For the Three-Month Period (Millions of yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Net sales 39,182 40,582 Cost of sales 30,074 30,710 Gross profit 9,108 9,872 Selling, general and administrative expenses 7,249 7,800 Operating profit 1,858 2,072 Non-operating income Interest income 19 25 Dividend income 152 81 Subsidy income 7 56 Rent income of real estate 9 9 Other 33 42 Total non-operating income 221 215 Non-operating expenses Interest expenses 7 10 Foreign exchange losses 9 - Compensation for damage 17 22 Rental costs on real estate 5 6 Other 1 3 Total non-operating expenses 42 43 Ordinary profit 2,037 2,244 Extraordinary income Gain on sale of investment securities - 22 Total extraordinary income - 22 Extraordinary losses Loss on retirement of non-current assets 2 4 Provision of reserves for losses on liquidation of subsidiaries and affiliates 49 - Total extraordinary losses 52 4 Profit before income taxes 1,985 2,262 Income taxes - current 141 231 Income taxes - deferred 490 570 Total income taxes 632 802 Profit 1,353 1,459 Profit attributable to non-controlling interests 11 21 Profit attributable to owners of parent 1,341 1,438
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Quarterly Consolidated Statement of Comprehensive Income For the Three-Month Period (Millions of yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Profit 1,353 1,459 Other comprehensive income Valuation difference on available-for-sale securities 210 271 Remeasurements of defined benefit plans, net of tax 2 (5) Total other comprehensive income 213 265 Comprehensive income 1,566 1,724 Comprehensive income attributable to Comprehensive income attributable to owners of parent 1,555 1,703 Comprehensive income attributable to non-controlling interests 11 21