Company: DSWL
Filing Date: 2025-11-13
Form Type: 6-K
Source: 0001171843-25-007261
Chunk: 4

Company: DESWELL INDUSTRIES INC
Filing Date: 2025-11-13
Form: 6-K
Chunk 4
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 for :                                               |     |                  |        |   |     |                  |        |   |
| Interest                                                                        |     |                  |      — |   |     |                  |      — |   |
| Income taxes                                                                    |     |                  |    170 |   |     |                  |    126 |   |

DESWELL INDUSTRIES, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(U.S. dollars in thousands except per share data)

1. Management’s Statement

In the opinion of Management, the accompanying unaudited financial
statements contain all adjustments (all of which are normal and recurring in nature) necessary to fairly present the financial position
of Deswell Industries, Inc. (the Company) at September 30, 2025 and March 31, 2025, the results of operations for the six months ended
September 30, 2025 and September 30, 2024, and the cash flows for the six months ended September 30, 2025 and September 30, 2024. The
notes in the Consolidated Financial Statements contained in the Form 20-F Annual Report filed on July 29, 2025 under the Securities Exchange
Act of 1934 should be read in conjunction with these Consolidated Financial Statements.

2. Marketable securities and other securities investments

Marketable securities and other securities investments include
debt and equity securities of which the aggregate fair value, unrealized gain and cost are as follows:

|                       |     | March 31, 2025 |        |     |                  |     |     |            |        |
|:----------------------|:----|:---------------|-------:|:----|:-----------------|----:|:----|:-----------|-------:|
|                       |     | Cost           |        |     | Gross Unrealized 
 Gain             |     |     | Fair value |        |
| Marketable securities |     |                |        |     |                  |     |     |            |        |
| Equity securities     |     | $              | 24,758 |     | $                | 417 |     | $          | 25,175 |

|                       |     |   | September 30, 2025 |     |   |                 |     |   |        |
|:----------------------|:----|:--|-------------------:|:----|:--|----------------:|:----|:--|-------:|
|