Kaneka Half-Year Report 2023

Kaneka Group’s business performance for 1H was as follows. Consolidated net sales were ¥370,116 million (down 2.8% year-on-year), operating income was ¥12,606 million (down 39.4% year-on-year), ordinary income was ¥12,741 million (down 43.4% yearon-year), and net income attributable to owners of parent was ¥8,897 million (down 46.3% year-onyear). Under the severe demand environment, the second quarter (July 1 to September 30, 2023, “2Q”) showed recovery, with earnings at the above or same level of the first quarter (April 1 to June 30,
2023, “1Q”) in all business segments. While overseas demands in Material Solutions Unit (SU), E & I Technology, and Performance Fibers remained slow, Health Care SU and Nutrition SU solidly contributed to profits. Portfolio transformation has been progressing steadily. Net profit has continued to improve since the previous 3Q (October 1 to December 31, 2022).