#BrotherIndustries

Brother Industries will transfer its work communication software ‘BuddyBoard’ business to a newly established subsidiary, BB Inc., by absorption-type company split effective May 1, 2026. IXS is scheduled to acquire 51% equity. The impact on consolidated earnings is expected to be minimal.

Brother Industries, Ltd. started a tender offer for shares of MUTOH Holdings Co., Ltd. on February 5, 2026, and received a non-imposition notice from the Japan Fair Trade Commission regarding exclusion measures. Consequently, they corrected certain items in the tender offer filing and tender offer start announcement, and submitted a correction notification to the Kanto Local Finance Bureau Director.

Acquired 417,000 shares of treasury stock worth 1,329,400,300 yen in January 2026. Total cumulative shares acquired reached 5,673,500 shares, with a total acquisition cost of 14,999,730,369 yen.

For the third quarter of the fiscal year ending March 2026, consolidated revenue was JPY 661.012 billion (3.6% YoY increase), operating income was JPY 62.693 billion (0.5% YoY increase), and net income attributable to owners of parent was JPY 51.922 billion (3.0% YoY increase). Treasury stock count stands at 7,460,335 shares.

For FY2025 Q3, revenue was 237.3 billion yen, up 5.6% YoY; operating income was 24.6 billion yen, down 1.8% YoY; and net income was 23.7 billion yen, up 6.3% YoY.

Brother Industries, Ltd. has launched a tender offer for shares of MUTOH Holdings Co., Ltd. at 7,626 yen per share. The maximum number of shares to be purchased is 4,589,644 shares, with an expected purchase price of approximately 35 billion yen. The aim is to make MUTOH a wholly owned subsidiary.

Brother Industries will conduct a tender offer for shares of MUTOH Holdings at 7,626 yen/share, totaling approximately 35 billion yen, from February 5, 2026, to March 23, 2026.

From December 1 to December 31, 2025, 423,100 common shares were acquired with a total acquisition price of 1,310,577,200 yen. The cumulative number of acquired shares reached 5,256,500 shares, and the cumulative acquisition price totaled 13,670,330,069 yen.

Brother Industries will transfer 70% of its wholly-owned subsidiary EXING Co., Ltd. shares to U-NEXT HOLDINGS Co., Ltd. for 17.5 billion yen, scheduled to complete on April 1, 2026.