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Investor Presentaiton

Key Points <Second Quarter Financial Results> Strong sales overseas, but domestic sales decreased due to the impact of a pullback effect with withdrawal of subsidies and falling rice prices. Domestic: Pullback effect with withdrawal of government subsidies for business continuity, etc., which had stimulated demand in the same period of the previous year Decrease in purchasing power due to falling rice prices Overseas: Sales increase in all regions (North America) Compact tractors market entered an adjustment phase, but orders to recover the local inventory levels were brisk. (Europe) Delay in recording part of sales due to a system failure at an OEM partner Strong sales as we catered to lifestyle changes Earnings: Soaring raw material prices and supply chain disruption put pressure on earnings Increase in SG&A expenses, such as distribution cost <Full-year Forecast> No revision to the initial forecast 夢ある農業応援団と * ISEKI TRANSFORMATION IX2025 2Q Net Sales (JPY bn, %) 86.6 82.2 86.7 77.5 72.2 Domestic 22.3% 22.7% 20.8% 27.7% 33.6% Overseas 2Q FY2018 FY2019 FY2020 FY2021 2Q 2Q 2Q FY2022 2Q 2Q Operating Income, Ratio (JPY bn, %) 4.7 2.5 2.1 1.6 1.2 2Q [Operating Margin] 2.7% 2.1% 1.8% FY2018 FY2019 FY2020 2Q 2Q 5.4% 3.0% FY2021 FY2022 2Q 2Q Financial Results Briefing for the Second Quarter of the Fiscal Year Ending December 31, 2022 4
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