Okura Holdings Limited (Incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） (Stock Code 股份代號：01655) NOTIFICATION LETTER 通知信函 Yours faithfully For and on behalf of Okura Holdings Limited Katsuya YAMAMOTO Chief Executive Officer, Executive Director and Chairman of the Board Dear Non-registered Shareholder(1), Okura Holdings Limited (the "Company") — Notification of publication of Interim Report 2025–2026 (the "Current Corporate Communication") on the Company's website The Current Corporate Commun ...

NOTIFICATION LETTER 通知信函 30 March 2026 Dear Shareholder, Okura Holdings Limited (the "Company") — Notification of publication of Interim Report 2025–2026 (the "Current Corporate Communication") on the Company's website Okura Holdings Limited (Incorporated in Hong Kong with limited liability) (Stock Code 股份代號：01655) （於香港註冊成立的有限公司） — 於本公司網站刊發中期報告2025–2026（「本次公司通訊」）之發佈通知 本公司的本次公司通訊之中、英文版本已上載於本公司網站www.okura-holdings.com及香港聯合交易所有限公司（「聯交所」）之網站 www.hkexnews.hk，或本公司已按 閣下同意的安排附上本次公司通訊之印刷本（如適用）。 The English and Chine ...

Revenue and Profit Performance - Total revenue for the first six months of fiscal year 2026 increased by approximately ¥166 million or 5.2% to approximately ¥3,354 million compared to the same period in fiscal year 2025, which was about ¥3,188 million[10]. - Profit before tax for the first six months of fiscal year 2026 rose by approximately ¥8 million or 1.3% to approximately ¥618 million from approximately ¥610 million in the same period of fiscal year 2025[10]. - Total revenue for the first six months of fiscal year 2026 increased by approximately ¥166 million or 5.2% to about ¥3,354 million, primarily due to improved performance from new digital pachinko and slot machines[19]. - The revenue from the pachinko and slot machine business accounted for approximately 91.4% of total revenue in the first six months of fiscal year 2026, compared to 92.0% in the same period of fiscal year 2025[19]. - Total bets increased by approximately ¥667 million or 4.2% to about ¥16,691 million in the first six months of fiscal year 2026, driven by higher customer spending[21]. - Total payouts rose by approximately ¥534 million or 4.1% to about ¥13,624 million in the first six months of fiscal year 2026, reflecting the increase in total bets[22]. - Profit attributable to shareholders increased from approximately 505 million JPY in the first six months of FY2025 to approximately 525 million JPY in FY2026, a growth of about 4.0%[33]. - Total comprehensive income attributable to shareholders for the period was ¥542 million, compared to ¥502 million in 2024, reflecting a growth of 8.0%[89]. - The profit attributable to shareholders for the six months ending December 31, 2025, is ¥525 million, compared to ¥505 million for the same period in 2024, representing a 3.96% increase[138]. Operational Developments - The company launched new products including "Smart Slot Machines" in November 2022 and "Smart Pachinko Machines" in April 2023, which contributed to stable customer traffic in its gaming halls[9]. - The company has introduced new pachinko machines equipped with "Lucky Trigger" and "Lucky Trigger 3.0+" features, as well as new slot machines with "Bonus Trigger" functionality, expected to enhance overall usage rates and generate more revenue[9]. - The company completed the replacement of all high-gambling content pachinko and slot machines by the end of January 2022, in response to regulatory challenges[14]. - The company continues to seek new measures and opportunities to enhance operational performance and diversify income sources[10]. - The company plans to implement a self-service prize redemption system to enhance operational efficiency and reduce the need for staff interaction with customers[17]. Revenue Diversification - The company plans to diversify its revenue streams by expanding operations into different business areas, including vending machines and rental properties[11]. - The company has been actively exploring alternative revenue streams to improve its financial performance[13]. - The company’s revenue from vending machines increased by approximately ¥3 million or 6.4% to about ¥50 million in the first six months of fiscal year 2026[20]. - Property rental income increased by approximately ¥19 million or 9.3% to about ¥224 million in the first six months of fiscal year 2026, due to new tenants acquired in late 2025[20]. - Other operating income surged by approximately ¥11 million or 550% to about ¥13 million in the first six months of fiscal year 2026, attributed to improvements in other business activities[20]. Financial Position and Assets - The company’s total assets were approximately 18,723 million JPY as of December 31, 2025, up from approximately 18,514 million JPY as of June 30, 2025[39]. - Cash and cash equivalents were approximately 2,823 million JPY as of December 31, 2025, compared to approximately 2,987 million JPY as of June 30, 2025[38]. - Total equity attributable to shareholders rose to ¥9,793 million as of December 31, 2025, compared to ¥9,117 million on June 30, 2025, marking an increase of 7.4%[92]. - The company reported a long-term employee benefit obligation of ¥175 million as of December 31, 2025, an increase from ¥162 million as of June 30, 2025, which is a rise of 8.0%[155]. - The company’s total liabilities decreased to ¥8,930 million as of December 31, 2025, from ¥9,397 million on June 30, 2025, a decrease of 4.9%[92]. Capital Expenditures and Investments - The group recorded capital expenditures of approximately ¥262 million in the first six months of fiscal 2026, compared to ¥148 million in the same period of fiscal 2025[48]. - The company plans to use approximately 3.05 million HKD (50%) of the net proceeds from the share placement for purchasing Japanese pachinko and slot machines[64]. - The total amount allocated for purchasing and upgrading Japanese pinball and slot machines was approximately HKD 4.88 million, with HKD 3.99 million actually utilized[65]. - The company has no significant investments other than those disclosed in the report as of December 31, 2025[58]. - The company has not planned any significant investments or capital asset additions authorized by the board as of the report date[70]. Corporate Governance - The company has implemented comprehensive corporate governance practices to ensure transparency and accountability to shareholders[75]. - The company’s governance practices are in compliance with the applicable codes, with a noted deviation regarding the separation of the roles of Chairman and CEO[77]. - The board of directors remains committed to high standards of corporate governance to protect shareholder interests[78]. - The company’s audit committee reviewed the interim financial data and confirmed compliance with relevant accounting standards[86]. Financial Risks and Compliance - Financial risk factors include market risk, credit risk, and liquidity risk, with no significant changes in risk management policies since year-end[116][117]. - The company reported financial data for the six months ending December 31, 2025, in accordance with Hong Kong Accounting Standards and International Financial Reporting Standards[106]. - The auditor's report on the financial statements was unqualified, indicating no significant issues were raised[108]. - The company adopted revised standards effective from July 1, 2025, with no significant impact on accounting policies[111].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2026年2月28日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | Okura Holdings Limited | | | | 呈交日期: | 2026年3月5日 | | | | I. 法定/註冊股本變動 | 不適用 | | | | 備註： | | | | | | Okura Holdings Limited於香港註冊成立。根據香港公司條例(第622章)，在香港註冊成立的公司不再擁有法定股本及股份面值。 | | | FF301 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01655 | 說明 | 普通股 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 ...

Core Viewpoint - OKURA HOLDINGS (01655) reported a mid-term performance for the six months ending December 31, 2025, with revenue increasing by approximately 5.2% to about 3.354 billion yen and net profit attributable to shareholders rising by about 4.0% to approximately 525 million yen, with basic and diluted earnings per share at around 0.87 yen [1] Group 1 - Revenue growth was primarily driven by improved earnings from other Japanese pachinko and slot machine game halls, attributed to the continued popularity of new Japanese pachinko and slot machines [1] - The company plans to explore new measures and opportunities to enhance operational performance and diversify revenue sources [1]

Core Viewpoint - OKURA HOLDINGS reported a positive performance in its interim results for the six months ending December 31, 2025, with increases in total bets, revenue, and net profit attributable to shareholders, despite a slight decline in operating profit [1] Financial Performance Summary - Total bets for the first six months of fiscal year 2026 increased by approximately 4.2% to about 16,691 million JPY, compared to approximately 16,024 million JPY in the first six months of fiscal year 2025 [1] - Revenue for the first six months of fiscal year 2026 rose by approximately 5.2% to about 3,354 million JPY, up from approximately 3,188 million JPY in the same period of fiscal year 2025 [1] - Operating profit for the first six months of fiscal year 2026 decreased by approximately 0.8% to about 650 million JPY, down from approximately 655 million JPY in the first six months of fiscal year 2025 [1] - Profit before tax for the first six months of fiscal year 2026 increased by approximately 1.3% to about 618 million JPY, compared to approximately 610 million JPY in the first six months of fiscal year 2025 [1] - Net profit attributable to shareholders for the first six months of fiscal year 2026 rose by approximately 4.0% to about 525 million JPY, up from approximately 505 million JPY in the first six months of fiscal year 2025 [1] - Basic and diluted earnings per share for the first six months of fiscal year 2026 were approximately 0.87 JPY, compared to 0.84 JPY in the first six months of fiscal year 2025 [1]

Core Viewpoint - OKURA HOLDINGS reported a revenue increase of approximately 5.2% to about 3.354 billion yen for the six months ending December 31, 2025, with a corresponding rise in profit attributable to shareholders of about 4.0% to approximately 525 million yen, and basic and diluted earnings per share of about 0.87 yen [1] Financial Performance - Revenue rose by approximately 5.2% to about 3.354 billion yen [1] - Profit attributable to shareholders increased by approximately 4.0% to about 525 million yen [1] - Basic and diluted earnings per share were approximately 0.87 yen [1] Business Drivers - The profit growth was primarily driven by improved revenues from other Japanese pachinko and slot machine game halls, attributed to the continued popularity of new Japanese pachinko and slot machines [1] - The company plans to explore new measures and opportunities to enhance operational performance and diversify revenue sources [1]

Financial Performance - Total bets for the first six months of FY2026 increased by approximately 4.2% to about ¥16,691 million, compared to ¥16,024 million in the first six months of FY2025[5] - Revenue for the first six months of FY2026 rose by approximately 5.2% to about ¥3,354 million, up from ¥3,188 million in the same period of FY2025[5] - Operating profit for the first six months of FY2026 decreased by approximately 0.8% to about ¥650 million, compared to ¥655 million in the first six months of FY2025[5] - Profit before tax for the first six months of FY2026 increased by approximately 1.3% to about ¥618 million, compared to ¥610 million in the same period of FY2025[5] - Profit attributable to shareholders for the first six months of FY2026 rose by approximately 4.0% to about ¥525 million, up from ¥505 million in the first six months of FY2025[5] - Basic and diluted earnings per share for the first six months of FY2026 were approximately ¥0.87, compared to ¥0.84 in the first six months of FY2025[5] Assets and Liabilities - Total assets as of December 31, 2025, were ¥18,723 million, compared to ¥18,514 million as of June 30, 2025[9] - Total equity attributable to shareholders increased to ¥9,793 million as of December 31, 2025, from ¥9,117 million as of June 30, 2025[10] - Total liabilities decreased to ¥8,930 million as of December 31, 2025, from ¥9,397 million as of June 30, 2025[10] - As of December 31, 2025, the total borrowings amounted to approximately 3,820 million JPY, a decrease from approximately 4,211 million JPY as of June 30, 2025, with about 70.2% being bank loans and 29.8% from government financial institutions[98] - The company reported a capital reserve deficit of approximately ¥12,837 million as of December 31, 2025, unchanged from June 30, 2025[60] Financial Management and Compliance - The financial data for the six months ending December 31, 2025, is prepared in accordance with Hong Kong Accounting Standards and International Financial Reporting Standards, ensuring compliance with both frameworks[16] - The company has submitted its financial statements for the year ending June 30, 2025, to the Companies Registry, with the auditor's report being unqualified and without any emphasis of matter[17] - The group has adopted revised standards effective from July 1, 2025, but these revisions did not have a significant impact on the accounting policies[20] - The group has not adopted new or revised standards that will be effective after January 1, 2026, and expects no significant impact from these upon their adoption[21] - The management's significant judgments and estimates in applying accounting policies remain consistent with those used in preparing the financial statements for the year ending June 30, 2025[25] Revenue Streams and Business Operations - The company continues to diversify its revenue streams, earning income from various operations including arcade businesses, vending machines, and rental properties in the first six months of fiscal year 2026[75] - Revenue from the Japanese pachinko and pachislot arcade business was ¥3,067 million, up from ¥2,934 million, reflecting a growth of 4.5% year-over-year[32] - The segment performance for the Japanese pachinko and pachislot arcade business reported a profit of ¥773 million, compared to ¥762 million in the previous year, indicating a slight increase of 1.4%[35] - Rental income from properties increased by approximately ¥19 million or 9.3% to about ¥224 million, due to new tenants acquired in November and December 2025[84] - Other operating income surged by approximately ¥11 million or 550% to about ¥13 million, mainly from improvements in other business activities[85] Capital Expenditures and Investments - Capital expenditures for the six months ended December 31, 2025, totaled ¥262 million, compared to ¥148 million for the same period in 2024, representing a significant increase of 77%[35][36] - The company issued 35,019,580 new ordinary shares at an adjusted placement price of HK$0.196 per share, representing about 5.51% of the enlarged issued share capital as of December 31, 2025[59] - The net proceeds from the placement are allocated as follows: HKD 3.05 million (50%) for purchasing Japanese pachinko and slot machines, HKD 1.83 million (30%) for renovating existing game halls and marketing expenses, and HKD 1.22 million (20%) for general working capital[123][124] Operational Challenges and Strategies - The company has proactively addressed the challenges posed by new currency regulations by upgrading its machines to be compatible with new banknotes before the deadline[80] - The introduction of a self-service prize redemption system aims to reduce the need for staff interaction, thereby improving operational efficiency[81] - The management is focused on restoring customer traffic and managing operational costs amid a challenging macroeconomic environment[81] - The company plans to implement marketing strategies to attract younger customers through digital channels and new machine offerings[81] Employee and Staffing Information - Total employee costs reached approximately ¥540 million in the first six months of fiscal year 2026, compared to ¥520 million in the same period of fiscal year 2025, accounting for about 18.7% of total operating expenses[120] - The group employed 363 staff as of December 31, 2025, an increase from 353 staff as of December 31, 2024[120] Dividends and Shareholder Information - The board of directors did not recommend the payment of an interim dividend for the first six months of FY2026, consistent with the first six months of FY2025[5] - The company did not declare an interim dividend for the first six months of the 2026 fiscal year, consistent with the previous year[130] Governance and Compliance - The board consists of five directors, including two executive directors and three independent non-executive directors[137] - All directors confirmed compliance with the standard code for securities trading during the first six months of the fiscal year 2026[135] - The interim report for the first six months of fiscal year 2026 will be published on the company's website and sent to shareholders at an appropriate time[136]

Core Viewpoint - OKURA HOLDINGS (01655) has completed a placement of 84.98 million shares at a price of HKD 0.143 per share, raising approximately HKD 10.38 million for various operational purposes [1] Group 1: Shareholder Activity - On February 13, shareholders of OKURA HOLDINGS deposited shares into 盈立证券, with a market value of HKD 18.8656 million, representing 13.38% of the total shares [1] Group 2: Fundraising and Allocation - The company completed the placement of 84.98 million shares on February 13, 2026, at a price of HKD 0.143 per share, netting around HKD 10.38 million [1] - Approximately 50% of the raised funds will be used for purchasing Japanese pachinko machines and Japanese slot machines, while 30% will be allocated for renovating or upgrading existing Japanese pachinko game halls and marketing expenses [1] - The remaining 20% of the funds will be utilized for general operational expenses of the group [1]

Group 1 - The core point of the article is that OKURA HOLDINGS (01655) has completed a placement of 84.98 million shares at a price of HKD 0.143 per share, raising approximately HKD 10.38 million [1] - The funds raised will be allocated as follows: approximately 50% for purchasing Japanese pachinko machines and Japanese slot machines, 30% for renovating or upgrading existing pachinko game halls and marketing expenses, and the remaining 20% for general operational funds [1] - As of February 13, shareholders have deposited shares into Yingli Securities, with a market value of HKD 18.8656 million, accounting for 13.38% of the total [1]