Securities Report – 104th Fiscal Period (2025/04/01 – 2026/03/31)

Nasu Denki Tekko Co., Ltd. Securities Report – 104th Fiscal Period (2025/04/01 – 2026/03/31)

This document is the securities report submitted by Nasu Denki Tekko Co., Ltd. for the 104th fiscal period from April 1, 2025 to March 31, 2026, in accordance with the Financial Instruments and Exchange Act. Listed on the Tokyo Stock Exchange, the company provides comprehensive disclosures on its business performance, financial condition, management policies, future outlook, and risk factors to ensure transparent communication with investors.

The company's core business activities include the design, manufacturing, and sales of industrial electrical equipment, as well as the fabrication and construction of steel structures. Particularly in control panels for automated systems and high-voltage power reception equipment, the company has earned strong trust from numerous manufacturers due to its long-standing technical expertise and reliability. Additionally, the company focuses on delivering customized solutions aimed at energy efficiency and enhanced safety, offering flexible responses tailored to customer needs.

Regarding the business environment in the 104th fiscal period, while rising raw material costs and supply chain instability persist, investment sentiment in the manufacturing sector shows signs of recovery. Under these conditions, the company will continue to strengthen cost management and improve productivity, while actively pursuing new customers and delivering added value to existing ones.

In terms of financial condition, the company maintains stable operating cash flows and allocates funds appropriately to capital expenditures and R&D. Furthermore, it continues to enhance and operate its internal control systems, reinforcing compliance and corporate governance.

Going forward, the company remains committed to sustainable growth and further strengthening trust-based relationships with all stakeholders.