Harada Industry : Second Quarter Consolidated Financial Report

Second Quarter Consolidated Financial Report

Fiscal Year Ending March 31, 2026

Stock Code 6904

HARADA INDUSTRY CO., LTD.

26-2, Minamiohi 6-chome, Shinagawa-ku, Tokyo 140-0013, Japanhttps://www.harada.com

Table of Contents

Segment Information 2

Changes in Common Stock and Number of Shares Outstanding 3

Shares 3

Directors and Corporate Auditors 3

Second Quarter Consolidated Balance Sheets 4

Second Quarter Consolidated Statements of Income 5

Second Quarter Consolidated Statements of Comprehensive Income 6

Second Quarter Consolidated Statements of Cash Flows 7

Segment Information

Sales and Profit or Loss Information by Reportable Segments (April 1 to September 30, 2024)

(Thousands of yen)

	Reportable segments					Adjustment (Note 1)	Quarterly consolidated income statements (Note 2)
	Japan	Asia	North and Central Americas	Europe	Total
Sales
Sales to external customers	8,511,630	3,657,980	8,328,378	2,678,442	23,176,431	-	23,176,431
Intersegment sales or transfers	970,531	9,685,733	39,982	381,508	11,077,755	(11,077,755)	-
Total sales	9,482,161	13,343,713	8,368,360	3,059,951	34,254,187	(11,077,755)	23,176,431
Segment profit	943,470	81,709	661,995	(63,112)	1,624,062	(117,547)	1,506,515

Notes:

1. Adjustment amount of (117,547) thousand yen for segment profit is eliminations between segment transaction.

2. Segment profit is adjusted on operating income on the quarterly consolidated statements of income.

(April 1 to September 30, 2025)

(Thousands of yen)

	Reportable segments					Adjustment (Note 1)	Quarterly consolidated income statements (Note 2)
	Japan	Asia	North and Central Americas	Europe	Total
Sales
Sales to external customers	8,696,783	3,153,299	6,200,837	2,280,356	20,331,277	-	20,331,277
Intersegment sales or transfers	673,215	8,756,122	33,678	331,755	9,794,771	(9,794,771)	-
Total sales	9,369,999	11,909,422	6,234,515	2,612,112	30,126,049	(9,749,771)	20,331,277
Segment profit	611,241	892,789	123,267	164,916	1,792,214	(52,592)	1,739,621

Notes:

1. Adjustment amount of (52,592) thousand yen for segment profit is eliminations between segment transaction.

2. Segment profit is adjusted on operating income on the quarterly consolidated statements of income.

Changes in Common Stock and Number of Shares Outstanding

Shares outstanding Share Capital Capital surplus

Increase or

Balance

Increase or

Balance

Increase or

Balance

Date decrease decrease decrease

(Shares) (Thousands of yen) (Thousands of yen) From April 1 to September 30, 2025 － 21,758,000 － 2,019,181 － 1,859,981

Shares Class of shares

Number of shares authorized

Common shares	70,000,000
Total	70,000,000
Class of shares	Common
Issued As of September 30, 2025	21,758,000
As of November 12, 2025	21,758,000

Stock exchange listings or registration

Tokyo Stock Exchange, Inc. (Standard Market)

Directors and Corporate Auditors

Shoji Harada Chairman and Representative Director

Yasuharu Miyake President and Representative Director

Satoru Kamiyama Executive Managing Director

Toru Sasaki Director

Takashi Aoki Director

Koji Kuwahara Director

Kensuke Inoue Director

Takashi Matsubara Corporate Auditor

Yoichi Hiyama Corporate Auditor

Yukiko Endo Corporate Auditor

HARADA INDUSTRY CO., LTD.

Second Quarter Consolidated Balance Sheets

(Thousands of yen)

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

Assets

Current assets

Cash and deposits 6,448,602 7,613,359

Notes and accounts receivable - trade, and contract assets	7,649,743	6,906,707
Merchandise and finished goods	6,108,333	4,849,991
Work in process	737,198	667,025
Raw materials and supplies	6,176,836	5,260,536
Other	1,789,992	1,650,854
Allowance for doubtful accounts	(101,941)	(56,135)
Total current assets	28,808,765	26,892,340
Non-current assets
Property, plant and equipment	6,340,137	5,651,144
Intangible assets	63,450	55,816
Investments and other assets
Other	3,731,732	3,669,826
Allowance for doubtful accounts	(11,816)	(11,322)
Total investments and other assets	3,719,916	3,658,504
Total non-current assets	10,123,503	9,365,465
Total assets	38,932,269	36,257,805
Liabilities
Current liabilities
Notes and accounts payable - trade	3,393,175	2,422,899
Electronically recorded obligations - operating	525,940	459,260
Short-term borrowings	16,534,101	16,173,480
Income taxes payable	671,413	440,128
Provision for bonuses	447,477	329,313
Provision for bonuses for directors (and other officers)	24,000	12,000
Other	2,236,205	1,816,331
Total current liabilities	23,832,313	21,653,413
Non-current liabilities
Retirement benefit liability	578,636	590,784
Other	1,140,221	913,359
Total non-current liabilities	1,718,857	1,504,143
Total liabilities	25,551,171	23,157,557
Net assets
Shareholders' equity
Share capital	2,019,181	2,019,181
Capital surplus	1,859,981	1,859,981
Retained earnings	6,571,618	7,713,673
Treasury shares	(302,485)	(302,485)
Total shareholders' equity	10,148,296	11,290,351
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	152,067	182,719
Foreign currency translation adjustment	3,195,797	1,719,467
Remeasurements of defined benefit plans	(115,063)	(92,290)
Total accumulated other comprehensive income	3,232,801	1,809,896
Total net assets	13,381,097	13,100,247
Total liabilities and net assets	38,932,269	36,257,805

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