Securities Report - 123rd Fiscal Period (2025/04/01 - 2026/03/31)

DOWA Holdings Co., Ltd. Securities Report - 123rd Fiscal Period (2025/04/01 - 2026/03/31)

Pursuant to Article 24 of the Financial Instruments and Exchange Act, DOWA Holdings Co., Ltd. hereby announces the submission of its Securities Report for the 123rd fiscal period (from April 1, 2025 to March 31, 2026) to the Director of the Kanto Local Finance Bureau.

This report aims to provide investors with accurate and comprehensive understanding of the Company's management policies, financial position, operating results, and cash flow status. The report includes consolidated and individual financial statements, Management's Discussion and Analysis (MD&A), significant accounting policies, accounting estimates and their changes, related-party transactions, executive compensation, share-related information, risk factors, list of subsidiaries and affiliated companies, and corporate governance matters.

The Company's core business operations are organized into four segments: Metal Resources, Electronic Materials, Environment & Recycling, and Industrial Materials. The Metal Resources segment conducts global mining, smelting, and recycling of non-ferrous metals such as copper, nickel, and lithium. The Electronic Materials segment supplies advanced materials including semiconductor packaging materials, magnetic materials, and battery materials. The Environment & Recycling segment advances industrial waste treatment, precious metal recycling, and development of hydrogen energy-related technologies. The Industrial Materials segment manufactures and sells heat-resistant alloys, powder materials, and ceramics.

The Company is implementing the 'DOWA Group Medium-Term Management Plan' aimed at contributing to a sustainable society, with focused investments in carbon neutrality, resource circulation, and digital transformation (DX). The Company targets a 50% reduction in greenhouse gas emissions (Scope 1 and 2) by 2030 compared to FY2019 levels, and is actively working on emissions reduction across the entire value chain (Scope 3).

Regarding financial performance, the Company forecasts consolidated net sales of JPY 1.875 trillion (up 3.2% year-on-year), operating profit of JPY 124 billion (up 4.8%), and net profit of JPY 89 billion (up 2.1%) for the 123rd fiscal period. The equity ratio is projected at 38.5%, and net interest-bearing debt/EBITDA at 1.6x, maintaining a stable financial foundation.

Going forward, the Company will continue to pursue management strategies that simultaneously address societal challenges and enhance shareholder value through technological innovation and global expansion. The full report is available on the Company's official website IR section and the Financial Services Agency's EDINET (Electronic Disclosure for Investors' NET).