Securities Report – 73rd Fiscal Period (April 1, 2025 – March 31, 2026)

Nankai Plywood Corporation – Securities Report – 73rd Fiscal Period (April 1, 2025 – March 31, 2026)

This document is the securities report submitted by Nankai Plywood Corporation pursuant to the Financial Instruments and Exchange Act. It details the company's business performance, financial position, management policies, future outlook, and risk factors for the 73rd fiscal period (April 1, 2025 to March 31, 2026).

Since its founding in 1950, the company has focused on the manufacturing and sales of plywood and laminated timber. In particular, its structural plywood and LVL (Laminated Veneer Lumber) products have earned strong trust in the residential and construction sectors, contributing to the development of Japan's wooden building market.

The business environment during the 73rd fiscal period faces challenges such as fluctuating prices of timber raw materials, rising transportation costs, and labor shortages. At the same time, government initiatives promoting wooden construction and increased use of wood toward achieving a carbon-neutral society present favorable conditions for the company's operations.

Financially, the company maintains stable operating revenue and ensures sound financial health through prudent management of interest-bearing debt. Additionally, capital investments are being made to improve production efficiency and energy savings, strengthening the foundation for sustainable operations.

Going forward, the company will continue to pursue technological innovation and quality enhancement while advancing ESG management to further strengthen trust with shareholders, investors, and all stakeholders.