First Quarter Results Briefing for Fiscal Year Ending March 31, 2026

Consolidated Results for 1Q of FY March 2026

Billions of yen

Consolidated Results by Segment

Billions of yen

*Starting from FY ending March 2026, due to a change in classification by which businesses previously recorded in the System Equipment segment have been combined under Other, results for the previous fiscal year have been reorganized using the same segment classification. Discontinued businesses included in the Others segment in the first quarter: Sales 1.2 billion yen; Operating profit -0.6 billion yen.

Timepiece Business: First Quarter Results

Billions of yen

The profit margin declined due to the impacts of U.S. tariffs and exchange rates. ?

Sales by Region

A pie chart illustrates the distribution of sales by region for the Timepiece Business, showing Japan at 17%, North America at 16%, Europe at 17%, China at 7%, and Other regions at 43% (including India and ASEAN at 16%).

Timepiece Business: First Quarter Results and Overview by Region

YoY (in local currencies) Overall: +3%

Japan: -3%

• Sales of CASIO WATCH models were strong in Japan.
• The percentage of inbound tourist sales was nearly flat YoY.

North America: +6%

• There was a surge of last-minute demand in anticipation of the impact of tariffs.
• E-commerce sales remained strong.

Europe: -6%

• Both G-SHOCK and CASIO WATCH sales were sluggish YoY.

China: -30%

• Challenging conditions persisted for both online and offline sales.

Other: +18%

• Sales remained strong with the extension of two major brand ambassadors in India.
• In the ASEAN region, sales were strong in Malaysia and the Philippines, but remained sluggish in Thailand and Indonesia.
• Sales were strong in Latin America, mainly in Brazil, where domestic demand was significantly expanding.

Timepiece Business: First Quarter Results and Overview by Product

G-SHOCK percentage (including BABY-G): Approx. 44% (of which, metal models: 13%; resin models: 31%)

G-SHOCK unit sales: Approx. 1.55 million units, of which approx. 150,000 units were BABY-G

*Approx. 1.65 million units in 1Q of previous year, of which approx. 200,000 units were BABY-G

G-SHOCK (Metal, MR-G)

• Strong sales of the GMW-B5000D, a full metal version of the G-SHOCK original design, centered on Asia.
• The GM-2110D, an octagonal model featuring a colored dial, was popular worldwide.
• Sales of the MRG-B5000B, a version of the very first G-SHOCK, the DW-5000C, crafted with metal materials and meticulous finishes, were strong in Japan.

G-SHOCK (Resin)

• Sales of the octagonal 2100 series, which includes the GA-2100 and GA-B2100, remained stable worldwide.
• Sales of the GA-2100BM, with translucent bezel and band, were strong worldwide.
• Sales of the GA-V01 series, which features a new construction and design, got off to a strong start in China, Japan, Europe, and the United States.

G-SHOCK (Sports)

• Sales of the GBD-200, which is equipped with useful workout functions, remained strong in the Europe and Other regions.
• Sales of the GBA-950, which supports comfortable daily training based on an urban sports concept, grew worldwide.

Other

• Sales of CASIO WATCH models remained strong worldwide.
• Firm EDIFICE sales centered on the Europe and Other regions.

EdTech (Education) Business / Sound (Electronic Musical Instrument) Business: First Quarter Results

EdTech (Education)

Billions of yen

*1Q breakdown: Net sales: Scientific and standard calculators approx. 85%, Electronic dictionaries, etc. approx. 15%. OPM: Scientific and standard calculators approx. 18.4%. Operating profit: Electronic dictionaries, etc. approx. -0.3 billion yen.

• Sales of scientific calculators remained firm.

Sound (Electronic Musical Instrument)

Billions of yen

• The challenging market environment continued in Europe, where many music stores are going bankrupt.

Revision of Full-Year Forecast for FY March 2026

• Full-year operating profit revised down approximately 3.0 billion yen, factoring in impact of U.S. tariffs.
• Amount of impact from U.S. tariffs: approximately 3.0 billion yen (Timepiece approximately 1.5 billion yen, EdTech approximately 0.5 billion yen, Sound approximately 1.0 billion yen).

Consolidated forecasts

Billions of yen

Percentage of sales to the U.S. and composition of production areas for the U.S. market

Timepiece

• U.S. sales percentage: approx. 13%
• Production areas for U.S. market: Japan approx. 5%, Thailand approx. 50%, China approx. 45%

EdTech

• Percentage of sales to the U.S. approx. 7%
• Composition of production areas for the U.S. market: Thailand 100%

Sound

• Percentage of sales to the U.S. approx. 17%
• Composition of production areas for the U.S. market: China 100%

Assumed exchange rate (yen)

Revision of Full-Year Forecast for FY March 2026: Forecasts by Segment

Billions of yen

Non-continuing businesses included in the Others segment for the full-year plan for FY March 2026: Net sales 2.5 billion yen; Operating profit -2.0 billion yen.

Business plan of Consumer segment

Billions of yen

Timepiece Business: Strategies by Product Line

Brand architecture: Work to achieve product concentration and selection for efficient investment and effective returns. Enhance both G-SHOCK and CASIO WATCH brand strength by price range.

• Continue to strengthen product development.
• Expand CASIO WATCH success story in Europe to other areas and work to enhance products while increasing unit prices.
• Accelerate consolidation of models into iconic styles with strengths.

The brand architecture is visualized as a spectrum from 'Low price' to 'High price', categorizing products into 'Slim & flat', 'Entry line', 'Metal line', and 'Premium line'. Key strategies include continuing to strengthen product development, expanding CASIO WATCH in Europe, developing technology for visual quality, and focusing on iconic styles for G-SHOCK.

Timepiece Business: Marketing Strategies

Global

• Appoint XG as global brand ambassador and execute phased roll out of key visuals to communicate G-SHOCK world view together with XG.

Image of the K-pop group XG, identified as the global brand ambassador.

Other

India

• Further increase G-SHOCK brand recognition through extended utilization of two major brand ambassadors.
• Expand specialty stores from major cities to regional cities, etc.

ASEAN

• Extend roll out of regional ASEAN ambassador marketing to Malaysia and promote brand story that resonates more strongly.

Korea

• Open flagship store with a cafe in the Gangnam district, a leading shopping area in Seoul.

Exterior view of a CASIO flagship store with a cafe in Gangnam, Seoul.

Europe

• Brand messaging with pan-European brand ambassador Central Cee.
• Expand directly-managed / flagship stores as brand communication sites.

Consumer Business

EdTech (Education Business)

Scientific calculators

• Maximize promotion activities for back-to-school season in Europe and the U.S.
• Expand New ClassWiz sales and promote new products.
• Work with relevant agencies in countries taking measures to strengthen clampdown on counterfeit goods and expand market share of genuine products.
• Continue strengthening to create demand and conduct promotional activities in focus countries.

Graphing scientific calculator: fx-CG100.

Education businesses in Indonesia and Egypt selected as Ministry of Education, Culture, Sports, Science and Technology as 2025 EDU-Port Japan (Introduction of Japanese-style Education Using the Public-Private Collaborative Platform) supported projects.

Education apps

• Continue to strengthen basic ClassPad.net performance.
• Expand number of user schools through synergies with the Libry service.

Standard calculators

• Expand sales at 60th anniversary events for calculators.
• "Casio Museum" set up for a month from July 2 at Historical Museum of Japanese Immigration in Brazil, visited by 80,000 people a year.

Image of an event site for the 60th anniversary of calculators.

Sound

• Continue efforts to increase brand recognition of high value-added genres.
• Tap into new users through performance style solutions.
• Continue structural reform (withdraw from sales in unprofitable areas/review lineup).

Privia PX-S1100, new color models reflecting interior styling trends.

Initiatives in New Business Domains

Moflin

• In November 2024, launched Moflin, an AI robotic pet that evolves emotionally through daily human contact based on the concept of "Always there for you".
• Aim to expand business and solve social issues in the mental wellness area going forward.

Moflin is an AI pet (communication robot) that evolves emotionally through human contact, designed to provide emotional energy.

Images show a person holding Moflin, and two Moflin pets on a bed.

Other

• Established strategic new business domains by extending business areas based on existing businesses and the assets Casio possesses.
• Rolled out new products and services that can establish a unique position in new business domains.

Images show a finger-sized ring watch, a watch labeled "Sadokei" for sauna use, and the TONEBOOK sound creation app.

Appendices

Impact of Foreign Exchange Rate Fluctuations

Timepiece Business: Supplemental Data

Quarterly sales

Bar chart showing quarterly sales in billions of yen for FY24/3, FY25/3, and FY26/3.

Percentage sales by region

Stacked bar chart showing the breakdown of sales by region (Japan, North America, China, Europe, Other) across quarters for FY24/3, FY25/3, and FY26/3.

Percentage sales by genre

Stacked bar chart showing the breakdown of sales by genre (Other than G-SHOCK/BABY-G, G-SHOCK/BABY-G (Resin), G-SHOCK/BABY-G (Metal)) across quarters for FY24/3, FY25/3, and FY26/3.

Consolidated Balance Sheets

A bar and line graph illustrating consolidated balance sheet figures, showing 'Cash and cash equivalents' (bars), 'Interest-bearing debt' (line), and 'Net cash' (line) in billions of yen from March 2021 to June 2025.

Forward-looking Statements

Earnings estimates and expectations that are not historical fact included in this report are forward-looking statements.

Although such forward-looking statements reflect the judgment of management based on information currently available to it, various factors could cause actual results to differ materially.

(Note) This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.