#JVCKenwood

For the consolidated Q3 of the fiscal year ending March 2026, net sales decreased 4.4% year-over-year to JPY 258,627 million, operating income declined 11.4% to JPY 14,870 million, and net income attributable to owners of the parent decreased 11.4% to JPY 12,469 million.

Cumulative revenue for Q3 FY2026 was 258.6 billion yen, down 4.4% year-over-year. Operating income was 13.3 billion yen, down 28.3%. Impacted by US tariff measures and parts supply shortages.

JVC Kenwood Corporation will conduct a share buyback of up to 3,000,000 shares and 3 billion yen from February 4, 2026 to April 30, 2026, with all acquired shares scheduled for cancellation. The total shareholder return ratio is expected to be approximately 36%.

Effective April 1, 2026, Mr. Shoichiro Eguchi is scheduled to assume the position of Chairman Executive Officer, and Mr. Akira Suzuki is scheduled to become President Executive Officer. Formal appointments are expected following the shareholders’ meeting in late June.