Think Automation and beyond...
Financial Results for the First Quarter FY2025 (April1, 2024 to June 30, 2024) August 2, 2024 IDEC CORPORATION Securities code : 6652
Net Sales – Sales decreased due to the impact of distribution inventories in Japan and overseas. – Although 1Q sales decreased YoY, 1Q order received was almost same as that of the last 4Q.
*Profit attributable to owners of parent – Profits also declined due to factors such as a decline in sales. Profit 2
3
Despite positive effects of price revisions, operating profit decreased by approx. 1.4 billion yen YoY due to the decrease in high-profitable sales of Japan and the impact of the increase in cost rate. 272 FY2024 1Q FY2025 1Q 44

Japan
YoY
-26.1% ■ Sales decreased due to a standstill in major industries and the impact of an adjustment phase in distribution inventories.
Overseas
YoY
-4.1% ■ Although the distribution stock of Americas has become stable to a certain level, sales decreased YoY. ■ Although the sales on EMEA’s local currencies basis decreased, sales converted into yen increased due to the impact of yen depreciation. ■ In Asia-Pacific, sales decreased due to economic slowdown of Chinese economy. 6

Copyright IDEC Corporation. All rights reserved.
7
8

Copyright IDEC Corporation. All rights reserved.
9
■ ■ In Japan and Americas, order received has been in a flat trend compared to that of last 4Q due to the impact of the distribution inventory and market environment. In EMEA, 1Q order received was relatively strong due to yen depreciation. On the other hand, 2Q order received has been uncertain due to the impact of EU market environment.
(Unit: million yen) *Round down to the millions 12

Highlights of assets
■ Total assets increased by 0.95 billion yen from the end of the previous period, mainly due to increase in fixed assets, inventory assets, cash and deposits, while trade receivables decreased.
Highlights of liabilities
■ Liabilities decreased by 0.51 billion yen from the end of previous period due to decrease in loans payable.
Highlights of net assets
■ Although earned surplus decreased, foreign translation currency adjustment increased. Therefore, net assets increased by 1.46 billion yen from the end of previous period.

Cash Flows by operation activities
■ It was approx. 4.04 billion yen due to decrease in trade receivables and contract assets, depreciation and amortization. Cash Flows by investing activities Cash Flows by financing activities ■ It was approx. -0.35 billion yen due to acquisition of tangible fixed assets, etc. ■ It was -3.31 billion yen due to repayment of borrowings and expenses including dividends.
Forecast for the FY2025
Introduction of Integrated Report (IDEC Report 2024) ■ The FY2025 integrated report was issued. ■ It contains useful information on not only explanation about business and financial performances, but non-financial information including ESG. (*Further information is available from a following URL.) https://us.idec.com/idec-us/en/USD/integrated-report-2024 Special Feature
Interview with Directors
Copyright IDEC Corporation. All rights reserved.
→ Contents Introduction 1 Purpose 2 At a Glance 3 History Message 6     CEO Message Toward Achieving Value Creation Story 146 Value Creation Process 15 The Six Types of Capital that IDEC Highly Values 16 Strungths 18 Value Provided to Stakeholders Initiatives for Realization of Vision 20  Long-Term Vision 21 Materiality 22 Sustainability Targets and Progress 23 Sustainability Promotion Policy and Organization 24  Medium-Torm Management Plan 25 Financial Strategy 27. Manufacturing and DX Strategy 28  Imellectual Capital Strategy Business Strategy 31 • Global Marketing & Product Strategy 33 Performance 34  HMI (Human-Machine Interface) 36  Safety & Explosion Protection 37 Industrial Rolays & Components 38  Automation & Sensing 39 Systems Governance 41  Interview with Directors 43 Governance 48 Directors and Expoutive Officers 50 | Outside Director Activities 51 Compliance 53  Risk Management Environment 55 Environmental Initiatives Social Data and Company Overview 69  Non-Financial Data 70   11-Year Key Financial Data 71 Financial Data 74  Company Overview Foundation for Value Creation Safety, ANSHIN, and Well-Being 60  Human Capital 63. Respect for Human Rights o 66  Supply Chain Management
■ Purpose, At a Glance and History are listed at the beginning to understand an overview of IDEC. ■ In History pages, information on sales, transition of overseas ratio, recent M&A and partnerships status is listed together.
■ Diverse initiatives for IDEC’s purpose of “achieve safety, ANSHIN, and well-being” are listed.
【Listed contents】
• Maintaining and improving employee health and building a safety culture • Vision Zero activities • Development of safety personnel • Well-being survey • Promotion of collaborative safety (Safety2.0) • Products and solutions that contribute to solving social issues.
■ Two female managers interviewed with an external director and an internal director. ■ The further expanded information on compliance and risk management is listed.
■ Environmental initiatives are introduced comprehensively. ■ Information disclosure based on the IFRS sustainability disclosure
■ DEC ■    Contents about “Respect for Human Rights” and “Supply Chain Management” are newly listed. ■ In Human Right pages, process for addressing human rights and assessment of impacts on human rights are listed for the first time. ■ In Supply Chain Management pages, CSR self-assessment and surveys into responsible minerals sourcing are introduced. ■ IDEC achieved to be selected into diverse indexes by continuous initiatives. • We have been selected as FTSE indexes for the third consecutive year since 2022. • In 2024, we were selected as a “Group 1”, the highest estimation among five stages, of Morningstar Japan ex-REIT Gender Diversity Tilt index. • We were also selected as JPX-NIKKEI Mid Small Index in addition to S&P/JPX Carbon Efficient Index.