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Investor Presentaiton

Domestic Agricultural Machinery Market Trends Domestic Agricultural Machinery Demand ISEKI TRANSFORMATION IX 2025 Moderate pace of recovery from the pullback effect with withdrawal of government subsidies for business continuity, etc., which had stimulated demand, and the pullback effect with the decreased willingness to buy due to falling rice prices, etc. after the consumption tax increase. Agricultural machinery demand (shipments in the industry) (9 principal machinery, moving annual total) (JPY bn) 280 260 240 220 Oct. 2019 Consumption tax increase 200 Mar. Jun. Sep. Dec. Mar. Jun. Sep. Dec. Mar. Jun. Sep. Dec. Mar. Jun. Sep. Dec. Mar. Jun. Sep. Dec. Mar. 2017 2018 2019 2020 2021 2022 Jun. *9 principal machinery: Tractors, combine harvesters, rice transplanters, tillers, drying machines, rice huskers, binders, harvesters, treatment Source: Estimated by ISEKI from statistics provided by the Japan Agricultural Machinery Manufacturers Association 夢ある農業応援団! *50 Financial Results Briefing for the Second Quarter of the Fiscal Year Ending December 31, 2022 15
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