October 29, 2025

FY2025 2ndQuarter (Semi-annual) Consolidated Financial Results〔IFRS〕(April 1, 2025 through September 30, 2025)

(English translation extracted from the original Japanese document)

Company Name: EXEDY Corporation Listing:Tokyo Stock Exchange

Code No.: 7278 URL: https://www.exedy.com Representative: Tetsuya Yoshinaga, Representative Director, President

Contact Person: Hiroshi Toyohara, Representative Director, Senior Executive Managing Officer, Executive General Manager of Corporate Strategy Promotion Headquarters

Telephone: +81-72-822-1152

Scheduled date to file semi-annual securities report: November 12, 2025 Scheduled Date to commence dividend payments: November 25, 2025 Preparation of supplementary material on Semi-annual Financial Results : Yes

Holding of Semi-annual financial results briefing: Yes (For Analysts and professional investors)

(Note: All amounts less than one million yen is rounded off)

  1. Consolidated Financial Results for the 2nd Quarter of FY2025 (April 1, 2025 to September 30, 2025)

    1. Consolidated Operating Results (cumulative) (Percentage of change from previous year)

      Revenue

      Operating Profit

      Profit before Tax

      Profit

      Profit Attributable to Owners of Parent

      Total

      Comprehensive Income

      Million Yen

      %

      Million Yen

      %

      Million Yen

      %

      Million Yen

      %

      Million Yen

      %

      Million Yen

      %

      FY2025 Q2

      FY2024 Q2

      148,149

      153,799

      (3.7)

      1.7

      10,812

      11,337

      (4.6)

      76.3

      10,206

      9,785

      4.3

      21.2

      7,136

      6,735

      5.9

      14.1

      6,276

      6,304

      (0.4)

      17.4

      8,878

      5,820

      52.5

      (58.0)

      Basic Earnings per Share

      Diluted Earnings per Share

      Yen

      Yen

      FY2025 Q2

      171.71

      -

      FY2024 Q2

      141.86

      -

    2. Consolidated Financial Position

    Total Assets

    Total Equity

    Equity Attributable to Owners of Parent

    Ratio for Equity Attributable to Owners of Parent

    Million Yen

    Million Yen

    Million Yen

    %

    FY2025 Q2

    FY2024

    306,685

    303,912

    196,345

    194,268

    183,196

    180,478

    59.7

    59.4

    Annual Dividends per Share

    1st Quarter

    2nd Quarter

    3rd Quarter

    Fiscal Year-end

    Total

    Yen

    Yen

    Yen

    Yen

    Yen

    FY2024

    FY2025

    -

    -

    100.00

    150.00

    -

    150.00

    250.00

    FY2025 (Forecast)

    -

    150.00

    300.00

  2. Dividends

    -

    (Note) Revisions of dividend forecast from the most recently announced figures: None

  3. FY2025 Consolidated Financial Forecast (April 1, 2025 to March 31, 2026)

    (Percentage of change from previous year)

    Revenue

    Operating Profit

    Income before Income Taxes

    Profit Attributable to Owners of Parent

    Basic Earnings Per Share

    millions of yen

    %

    millions of yen

    %

    millions of yen

    %

    millions of yen

    %

    yen

    FY2025

    295,000

    (4.7)

    21,000

    (3.9)

    20,000

    (2.0)

    12,500

    (1.9)

    341.99

    (Note) Revisions to the consolidated financial forecasts the most recently announced:Yes

    Note : This document has been t ranslated f rom 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.

    ※ General Notes

    1. Significant changes in the scope of consolidation during the period: None

    2. Changes in Accounting Policies, Accounting Estimations

      ① Changes in accounting policies required by IFRS :None

      ② Changes in accounting policies except ① :None

      ③ Changes in accounting estimates :None

      (Note) For the details, refer to attachment p.11 “2. Semi-annual Consolidated Financial Statements and Principal Notes (5) Notes on Semi-annual Consolidated Financial Statements”

      FY2025 Q2

      48,593,736 shares

      FY2024 Q4

      48,593,736 shares

      FY2025 Q2

      12,042,617 shares

      FY2024 Q4

      11,963,329 shares

      FY2025 Q2

      36,550,362 shares

      FY2024 Q2

      44,440,493 shares

    3. Number of Outstanding Shares (Ordinary shares)

①Number of shares outstanding at the end of period (including treasury shares)

②Number of treasury shares at the end of period

③Average number of ordinary shares

outstanding during the period

(Note) The shares held within the ESOP trust accounts (FY2025 Q2: 60,600 shares, FY2024 Q4: 71,200 shares) are included in the number of Treasury Shares at the end of period. Furthermore, the shares held within the ESOP trust accounts are included in Treasury Shares that are deducted in the calculation of the average number of shares for the period. (FY2025 Q2 : 66,657 shares, FY2024 Q2 : 77,343 shares)

※ Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit firm.

※ Regarding the appropriate use of Financial forecasts and other information

The above forecast is based on the information available, or the assumptions which the company thinks reasonable as of the release of this report. Actual results might be different from the above estimates due to subsequent changes in circumstances.

Table of Contents of Attachments

  1. Qualitative Information on Semi-annual Financial Results.…………………………………………………………… 2

    1. Explanation of Operating Results… 2

    2. Explanation of Financial Position. 3

    3. Explanation of Forecast of Consolidated Financial Results and Other Forward-Looking Information… 3

  2. Semi-annual Consolidated Financial Statements and Principal Notes… 4

    1. Semi-annual Consolidated Statement of Financial Position… 4

    2. Semi-annual Consolidated Statement of Income/Consolidated Statement of Comprehensive Income 6

    3. Semi-annual Consolidated Statement of Changes in Equity 8

    4. Semi-annual Consolidated Statement of Cash Flows… 10

    5. Notes on Semi-annual Consolidated Financial Statements… 11

(Notes for Going Concern) 11

(Change of Accounting Policy) 11

(Change in Accounting Estimate) 11

(Segment Information) 11

  1. Qualitative Information on Semi-annual Financial Results

    1. Explanation of Operating Results

      In the second quarter of the current consolidated cumulative period, the revenue decreased due to the impact of foreign exchange conversion due to the appreciation of the yen compared to the second quarter of the previous fiscal year and a decrease in orders at the AT business segment. In terms of profits, despite efforts to improve productivity through closing an unprofitable U.S. subsidiary in the previous fiscal year, Operating Profit decreased due to a decrease in revenue and an increase in labor costs.

      Profit before Tax increased due to a decrease decrease in foreign exchange losses compared to the same period of the previous fiscal year, despite a decrease in Operating profit.

      Interim income attributable to owners of the parent decreased, despite an increase in Profit before Tax, due to an increase in noncontrolling interests.

      The results for the second quarter of the current consolidated cumulative period were, Revenue ¥ 148.1 billion (decreased by 3.7% from the same period of the previous fiscal year), Operating Profit ¥ 10.8 billion (decreased by 4.6% from the same period of the previous fiscal year), Profit before Tax ¥ 10.2 billion (increased by 4.3% from the same period of the previous fiscal year), Profit Attributable to Owners of the Parent was ¥6.3 billion (decreased by 0.4% from the same period of the previous fiscal year).

      The summary by type of reportable segment is as follows.

      [MT (Manual Automotive Drivetrain related business)]

      Revenue was ¥36.5 billion (increased by 1.7% from the same period of the previous fiscal year). Segment profit was ¥5.9 billion (increased by 17.9% from the same period of the previous fiscal year) due to an increase in revenue and inventory reduction efforts.

      [AT (Automatic Automotive Drivetrain related business)]

      Revenue was ¥92.2 billion (decreased by 8.0% from the same period of the previous fiscal year). The segment profit was ¥6.1 billion (decreased by 0.0% from the same period of the previous fiscal year), mainly due to a decrease in revenue caused by a decline in orders received.

      [TS (Industrial machine Drivetrain operations)]

      Revenue was ¥6.4 billion (decreased by 9.6% from the same period of the previous fiscal year). Segment profit was ¥0.7 billion (decreased by 24.8% from the same period of the previous fiscal year), due to a decrease in revenue.

      [Others]

      Revenue was ¥13.0 billion (increased by 23.2% from the same period of the previous fiscal year). Segment loss was ¥0.5 billion (¥0.7 billion Segment profit in the same period of the previous fiscal year), due to an increase in R&D expenses, despite an increase in revenue from motorcycle clutches in the India-ASEAN region.

      The summary by location is as follows. [Japan]

      Revenue was ¥59.0 billion (decreased by 3.5% from the same period of the previous fiscal year). Operating Profit

      was ¥3.2 billion (decreased by 47.9% from the same period of the previous fiscal year), due to a decrease in revenue and an increase in labor costs.

      [Americas]

      Revenue was ¥23.1 billion (decreased by 25.1% from the same period of the previous fiscal year). This was due to closing an unprofitable U.S. subsidiary in the previous fiscal year and the impact of foreign exchange conversion due to the appreciation of the yen. Operating Profit was ¥23 million (¥0.7 billion Operating Loss in the same period of the previous fiscal year) despite the effort to productivity improvements.

      [Asia and Oceania]

      Revenue was ¥60.2 billion (increased by 8.1% from the same period of the previous fiscal year). This was mainly due to an increase in orders, despite the impact of foreign exchange conversion due to the appreciation of the yen. Operating Profit was ¥6.9 billion (increased by 19.5% from the same period of the previous fiscal year) due to an increase in revenue.

      [Others]

      Revenue was ¥5.9 billion (decreased by 4.4% from the same period of the previous fiscal year). Operating Profit was ¥0.4 billion (increased by 15.2% from the same period of the previous fiscal year).

    2. Explanation of Financial Position

      In terms of the assets at the end of this second quarter consolidated accounting period, the total assets were

      ¥306.7 billion (¥303.9 billion at the end of the previous consolidated fiscal year), increased by ¥2.8 billion (0.9%) from the end of the previous fiscal year. The main contents are ¥2.3 billion increase in Cash and cash equivalents,

      ¥1.8 billion increase in Other financial assets, ¥0.6 billion increase in Investments in Equity Instruments, ¥0.6 billion increase Goodwill and Intangible assets, ¥1.6 billion decrease in Tangible fixed assets, and ¥0.8 billion decrease in Inventories.

      Total liabilities were ¥110.3 billion (¥109.6 billion at the end of the previous consolidated fiscal year), increased by

      ¥0.7 billion (0.6%) from the end of the previous fiscal year. The main contents are ¥1.6 billion increase in Trade and other payables, ¥0.7 billion increase in Income taxes payable, and ¥1.4 billion decrease in corporate Bonds and borrowings.

      Total equity was ¥196.3 billion (¥194.3 billion in the previous consolidated fiscal year), increased by ¥2.1 billion (1.1%) from the end of the previous fiscal year. The primary details are as follows; ¥0.4 billion decrease of treasury shares, ¥1.0 billion increase in Capital surplus, ¥1.3 billion increase in Other components of equity, ¥0.8 billion increase in Retained earnings (¥6.3 billion increase due to the Profit attributable to owners of the parent, and ¥5.5 billion decrease due to the Appropriation of surplus (dividend)) and ¥0.6 billion decrease in Non-controlling interests.

    3. Explanation of Forecast of Consolidated Financial Results and Other Forward-Looking Information

      As of today, the Company have revised the consolidated financial forecast for the fiscal year ending March 31, 2026, which was announced on April 24, 2025. For the details, please refer to the "Notice of Revision of Consolidated Financial Forecast" announced today.

      This forecast is based on the premise that there will be no large-scale suspension of business activities or sharp exchange rate fluctuations. If these are expected, this forecast may be revised.

      The exchange rate is assumed to be ¥146 per US dollar.

  2. Semi-annual Consolidated Financial Statements and Principal Notes

    1. Semi-annual Consolidated Statement of Financial Position

      As of March 31, 2025 As of September 30, 2025

      Millions of yen Millions of yen

      Assets

      Current assets

      Cash and cash equivalents

      68,160

      70,476

      Trade and other receivables

      52,044

      52,093

      Other financial assets

      2,722

      4,476

      Inventories

      41,746

      40,911

      Other current assets

      3,808

      3,533

      Total current assets

      168,480

      171,488

      Non-current assets

      Property, plant and equipment

      107,754

      106,152

      Goodwill and intangible assets

      3,677

      4,266

      Investments accounted for using equity method

      1,825

      1,846

      Investments in Equity Instruments

      5,020

      5,632

      Other financial assets

      363

      360

      Deferred tax assets

      14,642

      14,568

      Retirement benefit asset

      1,431

      1,446

      Other non-current assets

      721

      927

      Total non-current assets

      135,432

      135,197

      Total assets

      303,912

      306,685

      As of March 31, 2025 As of September 30, 2025

      Millions of yen Millions of yen

      Liabilities and equity Liabilities

      Current liabilities

      Bonds and borrowings

      4,749

      13,280

      Trade and other payables

      33,845

      35,440

      Other financial liabilities

      675

      696

      Income taxes payable

      1,192

      1,903

      Employee benefits accruals

      2,592

      2,614

      Provisions

      1,973

      1,889

      Other current liabilities

      2,615

      2,334

      Total current liabilities

      47,641

      58,157

      Non-current liabilities

      Bonds and borrowings

      51,543

      41,586

      Other financial liabilities

      1,161

      1,267

      Retirement benefit liability

      6,518

      6,705

      Deferred tax liabilities

      24

      19

      Other non-current liabilities

      2,757

      2,605

      Total non-current liabilities

      62,003

      52,182

      Total liabilities

      109,644

      110,340

      Equity

      Share capital

      8,284

      8,284

      Capital surplus

      4,184

      5,217

      Treasury shares

      (43,777)

      (44,159)

      Other components of equity

      17,631

      18,918

      Retained earnings

      194,155

      194,937

      Total equity attributable to owners of parent

      180,478

      183,196

      Non-controlling interests

      13,790

      13,149

      Total equity

      194,268

      196,345

      Total liabilities and equity

      303,912

      306,685

    2. Semi-annual Consolidated Statement of Income and Consolidated Statement of Comprehensive Income (Semi-annual Consolidated Statement of Income)

      FY2024 2nd Quarter

      (April 1, 2024 through

      FY2025 2nd Quarter

      (April 1, 2025 through

      September 30, 2024)

      September 30, 2025)

      Millions of yen

      Millions of yen

      Revenue

      153,799

      148,149

      Cost of sales

      125,103

      118,945

      Gross profit

      28,696

      29,204

      Selling, general and administrative expenses

      17,689

      18,660

      Other income

      717

      471

      Other expenses

      388

      202

      Operating profit

      11,337

      10,812

      Finance income

      290

      261

      Finance costs

      1,866

      935

      Share of profit of investments accounted for using

      24

      67

      equity method

      Profit before tax

      9,785

      10,206

      Income tax expense

      3,050

      3,070

      Profit

      6,735

      7,136

      Profit attributable to

      Owners of parent

      6,304

      6,276

      Non-controlling interests

      431

      860

      Profit

      6,735

      7,136

      Earnings per share

      Basic and diluted earnings per share 141.86 171.71

      (Semi-annual Consolidated Statement of Comprehensive Income)

      FY2024 2nd Quarter

      (April 1, 2024 through

      FY2025 2nd Quarter

      (April 1, 2025 through

      September 30, 2024)

      September 30, 2025)

      Millions of yen

      Millions of yen

      Profit

      6,735

      7,136

      Other comprehensive income

      Items that will not be reclassified to profit or loss Net change in fair value of equity instruments

      (219)

      100

      designated as measured at fair value through

      other comprehensive income

      Total of items that will not be reclassified to profit

      or loss

      (219)

      100

      Items that may be reclassified to profit or loss Exchange differences on translation of foreign

      (691)

      1,649

      operations

      Share of other comprehensive income of

      (6)

      (7)

      investments accounted for using equity method

      Total of items that may be reclassified to profit or loss

      (697)

      1,642

      Total other comprehensive income

      (915)

      1,743

      Comprehensive income

      5,820

      8,878

      Comprehensive income attributable to Owners of parent

      4,792

      7,562

      Non-controlling interests

      1,029

      1,316

      Comprehensive income

      5,820

      8,878

    3. Semi-annual Consolidated Statement of Changes in Equity

      Previous second quarter consolidated cumulative period (April 1, 2024 through September 30, 2024)

      Equity attributable to owners of parent

      Other components of equity Net change in

      fair value of

      Share capital Capital surplus Treasury shares

      Exchange differences on translation of foreign operations

      equity instruments designated as measured at fair value through other comprehensiv

      Total

      e income

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Balance as of April 1, 2024

      8,284

      7,543

      (3,682)

      19,365

      (1,091)

      18,274

      Profit for the period

      -

      -

      -

      -

      -

      -

      Other comprehensive income

      -

      -

      -

      (1,294)

      (219)

      (1,512)

      Comprehensive income

      -

      -

      -

      (1,294)

      (219)

      (1,512)

      Purchase of treasury shares

      -

      (132)

      (15,000)

      -

      -

      -

      Disposal of treasury shares

      -

      5

      22

      -

      -

      -

      Dividends of surplus

      -

      -

      -

      -

      -

      -

      Share-based remuneration transactions

      -

      -

      -

      -

      -

      -

      Changes in ownership interest in subsidiaries

      -

      958

      -

      -

      -

      -

      Obtaining of control of subsidiaries

      -

      -

      -

      -

      -

      -

      Liquidation of consolidated subsidiaries

      -

      -

      -

      -

      -

      -

      Transfer to retained earnings

      -

      -

      -

      -

      -

      -

      Total transactions with owners

      -

      832

      (14,978)

      -

      -

      -

      Total changes in equity

      -

      832

      (14,978)

      (1,294)

      (219)

      (1,512)

      Balance as of September 30, 2024

      8,284

      8,374

      (18,660)

      18,071

      (1,310)

      16,762

      Equity attributable to owners of

      pa

      Retained earnings

      rent

      Total

      Non-controlling interests

      Total

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Balance as of April 1, 2024

      188,129

      218,548

      14,991

      233,539

      Profit for the period

      6,304

      6,304

      431

      6,735

      Other comprehensive income

      -

      (1,512)

      597

      (915)

      Comprehensive income

      6,304

      4,792

      1,029

      5,820

      Purchase of treasury shares

      -

      (15,132)

      -

      (15,132)

      Disposal of treasury shares

      -

      27

      -

      27

      Dividends of surplus

      (2,818)

      (2,818)

      (1,769)

      (4,587)

      Share-based remuneration transactions

      -

      -

      -

      -

      Changes in ownership interest in subsidiaries

      -

      958

      (958)

      -

      Obtaining of control of subsidiaries

      -

      -

      (76)

      (76)

      Liquidation of consolidated subsidiaries

      -

      -

      -

      -

      Transfer to retained earnings

      -

      -

      -

      -

      Total transactions with owners

      (2,818)

      (16,964)

      (2,803)

      (19,768)

      Total changes in equity

      3,486

      (12,173)

      (1,775)

      (13,947)

      Balance as of September 30, 2024

      191,615

      206,375

      13,216

      219,591

      Current second quarter consolidated cumulative period (April 1, 2025 through September 30, 2025)

      Equity attributable to owners of parent

      Other components of equity Net change in

      fair value of

      Share capital Capital surplus Treasury shares

      Exchange differences on translation of foreign operations

      equity instruments designated as measured at fair value through other comprehensiv

      Total

      e income

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Balance as of April 1, 2025

      8,284

      4,184

      (43,777)

      19,079

      (1,448)

      17,631

      Profit for the period

      -

      -

      -

      -

      -

      -

      Other comprehensive income

      -

      -

      -

      1,186

      100

      1,286

      Comprehensive income

      -

      -

      -

      1,186

      100

      1,286

      Purchase of treasury shares

      -

      (302)

      (491)

      -

      -

      -

      Disposal of treasury shares

      -

      -

      -

      -

      -

      -

      Dividends of surplus

      -

      -

      -

      -

      -

      -

      Share-based remuneration transactions

      -

      1,335

      108

      -

      -

      -

      Changes in ownership interest in

      -

      -

      -

      -

      -

      -

      subsidiaries

      Obtaining of control of subsidiaries

      -

      -

      -

      -

      -

      -

      Liquidation of consolidated subsidiaries

      -

      -

      -

      -

      -

      -

      Transfer to retained earnings

      -

      -

      -

      -

      -

      -

      Total transactions with owners

      -

      1,033

      (382)

      -

      -

      -

      Total changes in equity

      -

      1,033

      (382)

      1,186

      100

      1,286

      Balance as of September 30, 2025

      8,284

      5,217

      (44,159)

      20,265

      (1,347)

      18,918

      Equity attributable to owners of

      pa

      Retained earnings

      rent

      Total

      Non-controlling interests

      Total

      Millions of yen

      Millions of yen

      Millions of yen

      Millions of yen

      Balance as of April 1, 2025

      194,155

      180,478

      13,790

      194,268

      Profit for the period

      6,276

      6,276

      860

      7,136

      Other comprehensive income

      -

      1,286

      456

      1,743

      Comprehensive income

      6,276

      7,562

      1,316

      8,878

      Purchase of treasury shares

      -

      (793)

      -

      (793)

      Disposal of treasury shares

      -

      -

      -

      -

      Dividends of surplus

      (5,495)

      (5,495)

      (1,937)

      (7,432)

      Share-based remuneration transactions

      -

      1,443

      -

      1,443

      Changes in ownership interest in subsidiaries

      -

      -

      -

      -

      Obtaining of control of subsidiaries

      -

      -

      8

      8

      Liquidation of consolidated subsidiaries

      -

      -

      (28)

      (28)

      Transfer to retained earnings

      -

      -

      -

      -

      Total transactions with owners

      (5,495)

      (4,844)

      (1,957)

      (6,801)

      Total changes in equity

      781

      2,718

      (641)

      2,077

      Balance as of September 30, 2025

      194,937

      183,196

      13,149

      196,345

    4. Semi-annual Consolidated Statement of Cash Flows

      FY2024 2nd Quarter

      FY2025 2nd Quarter

      (April 1, 2024 through

      (April 1, 2025 through

      September 30, 2024)

      September 30, 2025)

      Millions of yen

      Millions of yen

      Cash flows from operating activities

      Profit before tax

      9,785

      10,206

      Depreciation and amortization

      7,178

      6,665

      Interest and dividend income

      (287)

      (256)

      Interest expenses

      319

      395

      Share of loss (profit) of investments accounted for

      using equity method

      (24)

      (67)

      Foreign exchange loss (gain)

      41

      12

      Decrease (increase) in inventories

      (2,029)

      1,247

      Decrease (increase) in trade and other receivables

      (1,209)

      298

      Increase (decrease) in trade and other payables

      725

      833

      Share-based payment expenses

      1,399

      Other

      129

      (298)

      Subtotal

      14,627

      20,433

      Interest and dividends received

      338

      292

      Interest paid

      (295)

      (382)

      Income taxes paid

      (3,439)

      (1,825)

      Net cash provided by (used in) operating activities

      11,231

      18,518

      Cash flows from investing activities

      Payments into time deposits

      (2,472)

      (3,651)

      Proceeds from withdrawal of time deposits

      1,250

      1,933

      Purchase of property, plant and equipment

      (3,341)

      (3,420)

      Proceeds from sale of property, plant and equipment

      28

      53

      Purchase of intangible assets

      (234)

      (576)

      Purchase of investment securities

      (800)

      (613)

      Purchase of investments accounted for using equity method

      (1,378)

      Other

      (190)

      (194)

      Net cash provided by (used in) investing activities

      (7,138)

      (6,469)

      Cash flows from financing activities

      Proceeds from short-term borrowings

      1,312

      2,009

      Repayments of short-term borrowings

      (2,549)

      (2,028)

      Proceeds from long-term borrowings

      100

      Repayments of long-term borrowings

      (1,181)

      (1,591)

      Purchase of treasury shares

      (15,190)

      (926)

      Dividends paid

      (2,828)

      (5,503)

      Other

      (2,093)

      (2,305)

      Net cash provided by (used in) financing activities

      (22,429)

      (10,344)

      Effect of exchange rate changes on cash and cash

      equivalents

      483

      611

      Net increase (decrease) in cash and cash equivalents

      (17,848)

      2,315

      Cash and cash equivalents at beginning of period

      74,043

      68,160

      Cash and cash equivalents

      56,195

      70,476

    5. Notes on Semi-annual Consolidated Financial Statements

      (Notes for Going Concern)

      Not applicable

      (Change in Accounting Policy)

      Not applicable

      (Change in Accounting Estimate)

      Not applicable

      (Segment Information)

      1. Overview of Reportable Segments

        The reportable segments are components of business activities for which discrete financial information is available, and such information is regularly reviewed by the Company’s Board of Directors to make decisions about the allocation of resources and assess its performance.

        The Company and its consolidated subsidiaries are mainly engaged in the manufacture and sale of automotive parts. From the aspects of function, technological specification and productive structure, the product lines of the Company are classified roughly into 3 group, "Manual Transmission Parts", "Automatic Transmission Parts" and “Industrial machine Drivetrain Parts”. The Company, in corporation with its consolidated subsidiaries, design business strategy and conduct business for these 3 product lines inside Japan and overseas. Accordingly, the reportable segments of the Company are composed of 3 segments, "MT (Manual Automotive Drivetrain related business)" which manufactures and sells Manual Transmission Parts, "AT (Automatic Automotive Drivetrain related business)" which manufactures and sells Automatic Transmission Parts and “TS (Industrial machine Drivetrain operations)” which manufactures and sells parts for construction machinery and industrial vehicles.

      2. Information on Revenue, Profit and Loss by Segment and The Amount of Other Important Items Previous second quarter consolidated cumulative period (April 1, 2024 to September 30, 2024)

        (Million Yen)

        Reportable Segment

        Other (Note 1)

        Adjustments (Note 4)

        Consolidated

        MT

        AT

        TS

        Total

        Revenue

        External Customers

        35,903

        100,184

        7,124

        143,211

        10,588

        -

        153,799

        Intersegments (Note 2)

        143

        279

        29

        451

        2,712

        (3,163)

        -

        Total

        36,045

        100,463

        7,153

        143,662

        13,300

        (3,163)

        153,799

        Segment Profit (Note 3)

        4,985

        6,075

        965

        12,026

        674

        (1,364)

        11,337

        Finance Income

        290

        Finance Costs

        1,866

        Share of profit of investments accounted for using equity method

        24

        Profit before Tax

        9,785

        (Note) 1. Others include businesses which is not part of any of the reportable segments, and contain clutches for motorcycle operation, transport operation, etc.

        1. Amount of intersegments transactions is based on market price.

        2. Segment profit is based on operating profit on Semi-annual consolidated income statement.

        3. Elimination of intersegment transactions and corporate expenses are included in adjustments.

          Current second quarter consolidated cumulative period (April 1, 2025 to September 30, 2025)

          (Million Yen)

          Reportable Segment

          Other (Note 1)

          Adjustments (Note 4)

          Consolidated

          MT

          AT

          TS

          Total

          Revenue

          External Customers

          36,501

          92,158

          6,444

          135,103

          13,046

          -

          148,149

          Intersegments (Note 2)

          107

          189

          18

          315

          2,709

          (3,023)

          -

          Total

          36,608

          92,347

          6,462

          135,418

          15,755

          (3,023)

          148,149

          Segment Profit(Loss) (Note 3)

          5,879

          6,073

          726

          12,678

          (506)

          (1,360)

          10,812

          Finance Income

          261

          Finance Costs

          935

          Share of profit of investments accounted for using equity method

          67

          Profit before Tax

          10,206

          (Note) 1. Others include businesses which is not part of any of the reportable segments, and contain clutches for motorcycle operation, transport operation, etc.

          1. Amount of intersegments transactions is based on market price.

          2. Segment profit is based on operating profit on Semi-annual consolidated income statement.

          3. Elimination of intersegment transactions and corporate expenses are included in adjustments.

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Exedy Corporation published this content on October 29, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 29, 2025 at 08:56 UTC.