Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

Abridged Translation:
The report is not audited and this translation is an abridged version prepared based on the statutory format
in Japan for reference purpose only. If there is any discrepancy between this translation and the original
Japanese version, the Japanese shall prevail.

Consolidated Financial Results
for the Six Months Ended September 30, 2018
November 9, 2018
Company name:
Listing:
Stock code:
URL:
Representative:
Inquiries:TEL:

CHIYODA CORPORATIONFirst Section of the Tokyo Stock Exchange
6366
http://www.chiyodacorp.com/
Masaji Santo, President & CEO
Masaru Akiyama, GM, Accounting Department+81-45-225-7745

Scheduled date to file Quarterly Report: November 14, 2018
Preparation of Quarterly Supplementary Explanation Material: Yes
Quarterly Financial Results Presentation Held: Yes (for Analysts and Institutional Investors)(Millions of yen with fractional amounts discarded, unless otherwise noted)
1. Consolidated performance for the six months ended September 30, 2018
(Percentages indicate year-on-year changes)(1) Consolidated operating results
Profit attributable to
Revenue
Operating income
Ordinary income
owners of parent
Millions of yen% Millions of yen % Millions of yen % Millions of yen%
For the Six months
ended September 30,
146,387 (41.6)(96,267) －(96,271) －(108,606) －2018
For the Six months
ended September 30,
250,652 (9.5)(13,126) －(12,373) －3,480 (38.0)
2017
Note: Comprehensive Income: the six months ended September 30, 2018: (107,888) million yen / (－)%
the six months ended September 30, 2017: 2,887 million yen / (－)%
Net income per
share
Yen
For the Six months ended
September 30, 2018
For the Six months ended
September 30, 2017

Fully diluted net
income per shareYen(419.38)

－

13.44

－

(2) Consolidated financial position
Total assets
Net assets
Equity ratio
Millions of yen
Millions of yen%
As of September 30, 2018375,581
49,446
12.7
As of March 31, 2018
420,337
159,418
37.5
Reference: Equity As of September 30, 2018: 47,549million yen/ As of March 31, 2018: 157,557 million yen
2. Cash dividends
Record dateCash dividends per shareFirst quarter Second quarter Third quarter Fiscal year-end
Yen
Yen
Yen
Yen

Fiscal year ended
March 31, 2018
Fiscal year ending
March 31, 2019
Fiscal year ending
March 31, 2019(Forecast)
Note: Revision to the latest forecast announcement 2018: None

Annual
Yen

-

7.50

7.50

-

0.00

0.00

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2019 (from April 1, 2018 toMarch 31, 2019)(Percentages indicate year-on-year changes)
attributable to Net income
Revenue
Operating income Ordinary income Profit
owners of parent per share
Millions of yen% Millions of yen % Millions of yen % Millions of yen %YenFiscal year ending
400,000(21.7)(86,500)－(86,500)－(105,000)－(405.46)
March 31, 2019
Note: Revision to the latest forecast announcement 2018: None
4. Others(1) Changes in Significant Subsidiaries during the Period (changes in specified subsidiaries accompanying
changes in the scope of consolidation): None
(2) Adoption of Specified Accounting Methods for the Preparation of Quarterly Consolidated Financial
Statements: None
(3) Changes in Accounting Policies and Accounting Estimates / Restatements
a. Changes in accounting policies due to revisions of accounting standards, etc.: Yes
b. Changes in accounting policies other than a. above: Nonec. Changes in accounting estimates: None
d. Restatements: None
(4) Number of issued shares (common stock)a. Total number of issued shares at the end of the period (including treasury stock)
As of September 30, 2018260,324,529 shares
As of March 31, 2018260,324,529 sharesb. Number of treasury stock at the end of the period
As of September 30, 2018
1,357,071 shares
As of March 31, 2018
1,356,873 sharesc. Average number of shares during the period
For the Six months ended September 30, 2018258,967,593 shares
For the Six months ended September 30, 2017258,969,995 shares*Presentation of Implementation Status of Quarterly Review Procedure
The review procedure of quarterly financial statements based on the Financial Instruments and Exchange Law
has not been completed at the time of the disclosure of these Consolidated Financial Statements.
*Proper use of earnings forecasts, and other special directions
The forward-looking statements, including earnings forecasts, contained in these materials are based on
information currently available to the Company and on certain assumptions deemed to be reasonable. Actual
business and other results may differ substantially due to a number of factors.

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

Table of Contents for the appendices1.

2.

Qualitative Information Related to Consolidated Performance ................................................... 2(1)

Qualitative Information on Business Performance ............................................................... 2(2)

Financial Information on Business Performance .................................................................. 4(3)

Outlook for the Next Fiscal Year .......................................................................................... 4(4)

Business Risk...................................................................................................................... 4(5)

Business Policy, Business Environment and Issues to Address .......................................... 4

Consolidated quarterly financial statements ............................................................................... 5(1)

Consolidated balance sheets .............................................................................................. 5(2)

Consolidated statement of income and comprehensive income .......................................... 7(3)

Consolidated quarterly statements of cash flow ................................................................... 9(4)

Notes on Consolidated Quarterly Financial Statements ..................................................... 10

3.

Production, Contracts and Revenue ........................................................................................ 12

4.

Others...................................................................................................................................... 13

1

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

1. Qualitative Information Related to Consolidated Performance(1) Qualitative Information on Business Performance
Since August 2018, Chiyoda has made an assessment on the execution plan for the Cameron LNG Project
together with the joint venture partner McDermott International Inc. In the course of this assessment, it has
become apparent that the following two factors have made a significant increase in the overall construction
cost:Firstly, an escalation of labor cost along a severe shortage of skilled labor in the Gulf Coast region causedby 1) a surge in shale development projects due to rising oil prices and 2) major reconstruction efforts in theaftermath of Hurricane Harvey.
Secondly, the lower than expected productivity of the labor contributed to a sharp increase in construction
costs. One of the reasons for the low productivity is the high turnover in the labor force due to the remote
and inconvenience of Cameron LNG Project, which led to overall labor productivity decrease from May
2018.
Meanwhile, Chiyoda has continued to implement large-scale projects in the core LNG business andcompleted 2nd train of Yamal LNG in Russia. Further the Company has been actively involved in front-end
engineering and design work (FEED) for the Qatar expansion project and FEED work and the preparationof the Engineering, Procurement and Construction (EPC) proposal for Nigeria LNG project. Concurrently,
the Company has been implementing the structural reforms and growth strategy detailed in the medium
term management plan “Mirai Engineering - A Grand Opportunity for the Future”. This plan includes
expansion into new markets including renewable energy and life sciences, and a more sophisticatedbusiness model leveraging big data and Artificial Intelligence (AI) technology.
On consolidated basis, for the fiscal year ending March 31, 2019, New Orders amounted to 332,037 million
yen (up 120.4% YoY), Backlog to 832,720 million yen (down 27.4% YoY) and Revenues to 146,387 million
yen (down 41.6% YoY). Operating loss came to 96,267 million yen (compared with previous quarter’s
consolidated operating loss of 13,126 million yen), Ordinary loss amounted to 96,271 million yen (comparedwith previous quarter’s consolidated ordinary loss of 12,373 million yen) and Loss attributable to owners ofparent came down to 108,606 million yen (compared with previous quarter’s consolidated profit attribute toowners of parent of 3,480 million yen). Losses are mainly due to an increase in incremental construction
costs for Cameron LNG project and reversal of deferred tax assets.
The summary of activities in the engineering business; reportable segments below:
Energy【Overseas】
LNG Plants: Chiyoda is executing EPC work for projects in Australia, the US, Russia and Indonesia;
the 2nd train of Yamal LNG in Russia has been successfully completed. Pre-contract work is being
conducted on a LNG project in Mozambique as the prime EPC contractor; FEED work is underway foran expansion project in Qatar adding 7.8 million tons per year in 4 trains; In the U.S., Chiyoda is bidding
for new LNG projects; In the Nigeria, Chiyoda has won FEED work and preparation of an engineering,procurement and construction (EPC) proposal for the NLNG Train 7.
Other Gas Related Work: In Qatar, the Group is currently executing an EPC contract for a Helium
Extraction Unit Facility; in addition a Group Company in Qatar is engaged in long-term EPCm contracts
as renovation and modification work on LNG and gas processing plants previously built by the Company.
【Japan】
Renovation and modification projects are underway for previously built LNG-receiving terminals, and forseismic upgrades of facilities under the Basic Act for National Resilience.
Offshore and Upstream: A group company has won a conceptual design contract for sub-sea gas field
for gas field exploration in Indonesia. A Joint project between Xodus Group Ltd. (a Chiyoda affiliate) and
Subsea 7 SA is underway and Chiyoda will stay focused on floating LNG/gas processing facilities as oneof its priority business areas.

2Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

Refinery/Petrochemical/Metal【Overseas】
A group company is executing Engineering, Procurement, Construction and Commissioning (EPCC)
activities for a Residue Fluid Catalytic Cracking (RFCC) project in Malaysia. Also in Malaysia, EPC
activities on a petrochemical tank terminal are ongoing, further a group company based in Southeast
Asia, is engaged in project management for refinery, petrochemical and downstream opportunities
elsewhere in Asia. Further, Chiyoda has been awarded a lump-sum contract to construct the Olefins
portion of a proposed world-scale ethylene plant along the U.S. Gulf. Coast.
【Japan】
Chiyoda has won contracts to evaluate renovation facilities with the aim reduce sulphur emission content
with regulation to be implemented in 2020. Further the Company was awarded contracts to optimizerefinery facilities and EPC operations business related to the manufacturing of high- performancematerials for renovation and upgrades of existing facilities (Basic Act for National Resilience); focus on
EPC operations; Improvement of energy efficiency in existing petrochemical production and otherfacilities and production plant for hydrogenated petroleum resin.
Environment
Pharmaceutical/Biochemistry/General Chemistry【Japan】
Chiyoda has won EPC project of pharmaceutical production plant and developed cutting edge, injection
production facilities for high-potency pharmacologically active agents and related pharmaceuticalfacilities; EPC work in progress for production facilities of middle molecule, Active Pharmaceutical
Ingredients (APIs).
Environment/New Energy/Infrastructure【Overseas】
A Group company is completing EPC projects for new international airports in Mongolia and Bohol,
Philippines. Further, Chiyoda introduced the Chiyoda Thoroughbred 121 (CT - 121) Process to fluegas desulfurization facilities at existing coal-fired plant in India; In Dubai, UAE, a demonstration projectof a vegetable growing facility using artificial light was recently completed and will be introduced atcommercial facilities elsewhere in the Middle East and Russia.
【Japan】
Chiyoda has won an Engineering, Procurement, and Construction (EPC) contract for the World's Largest
Battery Energy Storage System Project in Hokkaido Prefecture, Japan. EPC work on flue gas
desulfurization facilities at existing coal-fired plants; demonstration facilities for CO2 separation units;
photovoltaic (mega solar) facilities and factories complying with the latest food hygiene standards are
currently being executed and research facilities for food plant has been completed. In the New Energy
business field a demonstration plant for producing bio-jet and diesel fuels is scheduled to be completed
this fiscal year.
Work is underway on a demonstration project commercializing a hydrogen supply chain, through theAdvanced Hydrogen Energy Chain Association for Technology Development, an organization establishedjointly established with Mitsubishi Corporation, Mitsui & Co., Ltd. and Nippon Yusen (NYK Line). Further,
the Company has reached an EPC agreement for the largest capacity Biomass Firing Power Plants inJapan which fuel is planned to use wood pellets.



Digital Technology
The Company has launched projects using AI technologies to improve plant productivity in a tie-up

3

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018agreement with GRID Inc. Under these initiatives, Chiyoda has signed a memorandum of understanding
with Abu Dhabi Gas Liquefaction Co. (UAE) to provide state-of-the-art digital technologies for its LNG
Plant. Further the company has agreed with PT. Donggi-Senoro LNG (Indonesia) on the development ofAI technology to improve the productivity of the LNG plant facilities.

(2) Financial Information on Business PerformanceThis section is not translated.

(3) Outlook for the Next Fiscal Year
Please refer to the company’s release ‘Notice of Revisions to the Forecast of Consolidated Results andDividend” published on October 31, 2018.
In addition, expected foreign exchange of JPY 110/USD has been changed to JPY 115/USD.

(4) Business Risk
Risks newly recognized in the second quarter of the fiscal year ending March, 2019 are as follows;
The Company has recognized Operating loss, Ordinary loss and Loss attributable to owners of parent due
to significantly increased construction cost for ongoing LNG projects, notably the Cameron LNG Project inLouisiana in the U.S.
Due to the above, the Company expects deterioration of cash flow and new financing will be required during
this fiscal year.

(5) Business Policy, Business Environment and Issues to Address
In response to the newly recognized risks stated above, the Company has changed a part of its business
policy.
The contents of the business policy which the Company has changed and the countermeasures to solve thebusiness risks are stated in Notes on Assumptions for a Going Concern.

4Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

2. Consolidated quarterly financial statements(1) Consolidated balance sheets(Millions of yen)
As of March 31, 2018

As of September 30, 2018

AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts
Securities
Costs on uncompleted construction
contracts
Accounts receivable - other

96,00876,462

76,884

69,765

7,999－

15,916

11,202

41,96745,618131,374
5,563(1,245)

134,864
5,008(1,246)

6,010

5,761

Land
Other, net

4,952
1,108

4,952
1,014

Total property, plant and equipment

Jointly controlled assets of joint venture
Other
Allowance for doubtful accounts
Total current assets

374,470

Non-current assets
Property, plant and equipment
Buildings and structures, net

341,675

12,071

11,728Intangible assets
Investments and other assets

5,718

5,652

Investment securities
Deferred tax assets

7,681
11,908

7,624
702

Other
Allowance for doubtful accounts

8,672
(185)

8,379
(181)

Total investments and other assets
Total non-current assets
Total assets

5

28,077

16,52445,86733,905420,337

375,581Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

(Millions of yen)
As of March 31, 2018
Liabilities
Current liabilities
Notes payable, accounts payable forconstruction contracts
Income taxes payable
Advances received on uncompleted
construction contracts
Provision for warranties for completed
construction
Provision for loss on construction contracts
Provision for bonuses

As of September 30, 2018

147,654

140,931894

509

76,294

121,787

419

408

3,288
3,887

26,127
2,591

Other

15,40815,315

Total current liabilities

247,847

307,670

Long-term loans payable
Provision

10,000344

15,000329

Net defined benefit liability
Other

1,176
1,550

1,217
1,916

Non-current liabilities

Total non-current liabilities

13,071

18,464

260,918

326,134

Capital stock
Capital surplus

43,396
37,112Retained earnings
Treasury shares

77,024(1,434)

43,396
37,112(33,614)(1,435)64

36(1,778)981(278)

Total liabilities
Net assets
Shareholders' equity

Total shareholders' equity

156,099

Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets

645,459

2,159
1,013

1,350

1,458

2,090

1,861

1,896

159,418

49,446420,337

375,581Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018(2)

Consolidated statement of income and comprehensive income(Consolidated statement of income)(Millions of yen)Six months ended
September 30, 2017

Six months ended
September 30, 2018

Net sales of completed construction contracts

250,652

146,387

Cost of sales of completed construction contracts

254,033

233,757

Gross loss on completed construction contracts(3,380)(87,370)

1,126

1,376

Selling, general and administrative expenses

9,746(13,126)

Operating loss
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using
equity method
Other

8,897

(96,267)

79

81

660

63

150

131

2,017

1,652

Interest expenses
Foreign exchange losses

105
990

113
1,511

Other

167

30

Total non-operating income
Non-operating expenses

Total non-operating expenses
Ordinary loss
Extraordinary income
Gain on sales of investment securities
Reversal of provision for loss on business of
subsidiaries and associates
Total extraordinary income

1,263

1,655

(12,373)(96,271)

12,127－

12,331－(41)(96,271)(3,595)

12,336

203

Loss before income taxes(8,323)

Income taxes - current
Income taxes - deferred

4,727

Total income taxes
Profit (loss)

3,554
73

Profit (loss) attributable to non-controlling interests
Profit (loss) attributable to owners of parent

3,480

7

－

1,618

10,717(108,607)(0)(108,606)

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

(Millions of yen)Six months ended
September 30, 2017
Profit (loss)

Six months ended
September 30, 2018

3,554

Other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, netof taxShare of other comprehensive income ofentities accounted for using equity method
Total other comprehensive income(277)(108,607)(27)

479(1,347)2,759(2,244)

387

(106)

81

(676)

337

718

Comprehensive income

2,877

Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests(107,888)

2,814(107,974)

62

8

86

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

(3) Consolidated quarterly statements of cash flow
(Millions of yen)Six months ended
September 30, 2017
Cash flows from operating activities
Loss before income taxes
Depreciation
Amortization of goodwill
Increase (decrease) in provision for loss on
construction contracts
Increase (decrease) in provision for loss on
business of subsidiaries and associates
Interest and dividend income
Share of loss (profit) of entities accounted for using
equity method
Loss (gain) on sales of investment securities
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in costs on uncompleted
construction contracts
Increase (decrease) in notes and accounts payable- tradeIncrease (decrease) in advances received on
uncompleted construction contracts
Decrease (increase) in accounts receivable - other
Decrease (increase) in jointly controlled asset of
joint venture
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes (paid) refund
Net cash provided by (used in) operating activities
Cash flows from investing activities
Net decrease (increase) in time deposits
Purchase of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Proceeds from liquidation of subsidiaries andassociates
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Cash dividends paid
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

Six months ended
September 30, 2018

(41)
1,767
91

(96,271)
1,361
20

819

22,903(12,463)－(1,206)(1,457)

(203)

－

(660)

(3,988)

6,862

17,616(6,205)(6,174)
3,175

4,436

45,718(5,942)(10,678)(4,607)(19,001)
393
(101)
(328)
(19,037)1,254(36,040)
650
(93)
6,684
(28,799)－

134(3,810)(1,192)55(592)(7,184)

3,334
(305)
(896)
(304)
790

(3,922)654(264)(1,067)
(104)
－

30
－
(1,551)(31)(1,552)－5,000(1,937)(28)
3,033(22,536)
138,889
116,352(26,990)
101,767
74,777

(753)

9

(63)

(631)

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018(4) Notes on Consolidated Quarterly Financial Statements(Notes on Assumptions for a Going Concern)
In the second quarter of the consolidated financial results, the Chiyoda Group has an Operating loss of
96,267 million yen, Ordinary loss of 96,271 million yen and Loss attributable to owners of parent of 108,606
million yen due to significantly increased construction cost for ongoing LNG projects, notably the Cameron
LNG Project in Louisiana in the U.S.
Due to the above, the Company expects deterioration of cash flow and new financing will be required during
this fiscal year. Under this circumstance, the Company recognizes events and conditions which may cause
substantial doubts about the Company’s ability to continue as a going concern.
In response to these events and situations, the Group recognizes that the top priority is to prevent further
cost increase of Cameron LNG project, and takes every necessary countermeasures under the special task
team newly established.
In addition, the Group is implementing countermeasures to reduce costs, obtaining change orders,reviewing settlement conditions from ongoing projects including Cameron LNG project, as well as making
efforts to improve the cash flow by reducing SG&A cost and sales of non-core assets.
And the Group has decided to revise some parts of its medium-term management plan "Mirai Engineering- A Grand Opportunity for the Future” issued in August 2017, in order not to repeat similar situation.
1. Ongoing Project (including Cameron LNG): Resource Allocation and Management Priority
The “Cameron LNG Countermeasure Task Team” led by President & CEO has been established. For
this task team, managements of vice president class were assigned as the heads of home office and thesite respectively, and we will make every effort to achieve successful completion of Cameron project toenhance productivity, by assigning our personnel, improving engineering / procurement activities andintroducing skilled subcontractors.
The Company plans to appoint external professionals to perform a comprehensive review also on otherongoing projects to improve profitability and to secure optimized resource allocation.
2. Enhancement of risk management capabilities and highlight on not overstraining order capacity
To establish “Strategy and Risk Integration Division” aiming to enhance risk management capabilities.
We will closely monitor available number of project key personnel not to pursue overstretched order intake.
Also we will share the project execution risks properly with JV partners, and reinforce our expertise incost estimation and risk analysis system. For project execution, we will reconstruct our organization
drastically so that we can share the necessary risk information in advance and take swift
countermeasures. In order to implement those functions, appointment of external experts as managersof this Division.
3. Extensive cost reduction
To achieve stable earnings, cut of fixed costs and reduction of consolidated SG&A costs by approximately
twenty percent (approx. JPY 10 billion as consolidated basis) by fiscal year 2020, from approx. JPY 18.5
billion in FY2018 to approx. JPY15.0 billion in FY2020.
4. Strengthening financial performance
Amid its massive second quarter losses, it is the Company's highest priority to reinforce its financial
standing securing the reserves necessary. The Company is considering any possible choices such asalliance with industrial partners and financial investors, loans from lenders and others.
Along the above outline, in order to secure necessary fund for its operation, the Company has consistentcommunications with its major shareholder Mitsubishi Corporation and other stakeholders.
However, as the countermeasures are still in progress, and discussions, including financial support, with
Mitsubishi Corporation as well as other stakeholders are still ongoing, no consensus has been reached asof today.
The consolidated financial statements are prepared with an assumption of a going concern and do notreflect the impact of material uncertainty concerning the assumption of a going concern in the consolidated
financial statements

10Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

(Notes on Significant Changes in the Amount of Shareholders’ Equity, if Applicable)
None(Changes in accounting policies)
The Company has applied IFRS 9, “Financial Instruments” and 15, “Revenue from Contracts with
Customers”, from the first quarter of the fiscal year ending March 31, 2019. The effects this change will
have on business performance are minor.

11

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

3. Production, Contracts and Revenue(Millions of yen)
Apr. 1, 2017－Sept. 30, 2017

Engineering
LNG Plant
Gas Development/
Processing/Receiving
Refinery/Petrochemical/
Metal

Apr. 1, 2018－Sept. 30, 2018

New
contracts(ratio)New
contracts(ratio)New
contracts(ratio)New
contracts(ratio)Revenue(ratio)Backlog ofcontracts(ratio)148,982

249,012

767,783(99.0%)(99.4%)(100.0%)330,378(99.5%)

144,728(98.9%)

832,720(100.0%)64,429184,663

473,420(42.8%)(73.7%)(61.6%)

26,072(7.9%)

78,574(53.7%)

292,644(35.1%)

2,459(0.7%)

949(0.7%)

5,294(0.6%)

188,607(56.8%)

33,117(22.6%)

311,848(37.5%)

10,546(3.2%)

15,561(10.7%)

30,929(3.7%)

98,983(29.8%)

13,537(9.2%)

182,105(21.9%)

3,708(1.1%)

2,899(2.0%)

9,896(1.2%)

1,659(0.5%)

1,659(1.1%)

0(0.0%)

332,037(100.0%)146,387(100.0%)832,720(100.0%)144,701(43.6%)

43,907(30.0%)

263,831(31.7%)

1,593

7,015

6,084

(1.1%)(2.8%)(0.8%)

21,61625,654

152,723(14.3%)(10.2%)(19.9%)

Pharmaceutical/Biochemistry/
Chemical

28,704

12,54551,471(19.1%)(5.0%)(6.7%)

Environment/New Energy/
Infrastructure

28,86014,924

77,269(19.2%)(5.9%)(10.1%)

3,778

4,208

6,813

(2.5%)(1.7%)(0.9%)

1,640

1,640

0

(1.1%)(0.7%)(0.0%)

150,622250,652

767,783(100.0%)(100.0%)(100.0%)76,76349,585

149,100(51.0%)(19.8%)(19.4%)

OthersOther Business
Total
Domestic

187,336 102,480
568,888(56.4%)(70.0%)(68.3%)
Note1: The backlog of contracts for the six months ended September 30, 2018 includes a decrease due tochanges in construction contracts acquired in prior fiscal years, and an increase due to foreignexchange translation adjustments.
Note2: The total amount of the above table does not include consumption tax.
Overseas

73,859201,067

618,683(49.0%)(80.2%)(80.6%)

12

Chiyoda Corporation (6366)
Consolidated Financial Results for the six months Ended September 30, 2018

4. Others
Please refer to Notes on Assumptions for a Going Concern.

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