(Correction – Numerical Data Correction) Partial Correction Regarding the “Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)”

Reason and Details of Correction

Max Co., Ltd. corrected the recognition of retirement benefit liabilities and pension assets related to the defined benefit pension plan in the third quarter financial summary for the fiscal year ending March 2026. As a result, total assets increased from JPY 128,008 million to JPY 130,808 million, and the equity ratio was revised from 85.4% to 83.6%. Retirement benefit assets are included under the "Other" category in investment and other assets, while liabilities are recorded as liabilities related to retirement benefits. There are no changes to the consolidated income statement and comprehensive income statement.

Analysis of Financial Position and Cash Flows

Following the correction, the consolidated financial position for the third quarter shows total assets of JPY 130,808 million, net assets of JPY 109,465 million, and an equity ratio of 83.6%. The asset increase is mainly due to growth in investment securities and tangible fixed assets. Liabilities increased due to factors including accounts payable. Cash flows from operating activities increased by JPY 11,429 million, and there was a change of JPY 1,271 million in assets related to retirement benefits. Situations regarding cash flows from investing and financing activities are also described.