Disclaimer: This document is a partial English translation of the Japanese original which is filed with the Tokyo Stock Exchange andis only for reference purposes. In case of any discrepancy between this translation and the Japanese original, the latter shall prevail.

Consolidated Financial Results
for the Three Months Ended June 30, 2024
[Japanese GAAP]
August 7, 2024
Company name: HAZAMA ANDO CORPORATION
Stock exchange listing: Tokyo Stock Exchange
Code number: 1719
URL: https://www.ad-hzm.co.jp/
Representative: Kazuhiko Kuniya, Representative Director and President
Contact: Eisuke Yamada, Corporate Communication Department General Manager
Phone: +81-3-3575-6094
Scheduled date of commencing dividend payments: ―Availability of supplementary briefing material on financial results: No
Schedule of financial results briefing session: No(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2024(April 1, 2024 to June 30, 2024)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Three months ended Million yen%
Million yen% Million yen%
Million yen%
June 30, 2024
83,706
2.3
2,954
8.6
3,405
10.8
2,250
15.3
June 30, 2023
81,794
12.9
2,720
42.6
3,073
35.1
1,952 (39.8)(Note) Comprehensive income: Three months ended June 30, 2024: ¥4,097 million [ 10.8%]
Three months ended June 30, 2023: ¥3,696 million [(27.4)%]
Basic earnings
Diluted earnings
per shareper share
Three months ended
Yen
Yen
June 30, 2024
14.37－
June 30, 2023
12.48－
(2) Consolidated Financial Position
Total assets

Net assets

Million yen

As of June 30, 2024
325,509
As of March 31, 2024
334,145(Reference) Equity: As of June 30, 2024: ¥152,856 million
As of March 31, 2024: ¥153,569 million

Equity ratio

Million yen%

153,763
154,47047.0
46.0

2. Dividends
1stquarter-end
Fiscal year ended March 31, 2024
Fiscal year ending March 31, 2025

2ndquarter-end

Annual dividends
3rdYear-endquarter-end

Total

Yen

Yen

Yen

Yen

Yen

-

30.00

-

30.00

60.00

-

30.00

60.00

Fiscal year ending March 31, 2025
30.00
(Forecast)(Note) Revision to the forecast for dividends announced most recently: No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025 (April 1, 2024 to March
31, 2025)(% indicates changes from the previous corresponding period.)
Profit attributable to
Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share
Million yen% Million yen% Million yen% Million yen

First half
189,600
5.5
7,400
41.5
6,900
22.8
Full year
406,200
3.1
22,90023.2
22,10019.2(Note) Revision to the financial results forecast announced most recently: No

4,600
15,200

%

Yen

25.4
9.5

29.37
97.05

* Notes:(1) Significant changes in scope of consolidation during the three months ended June 30, 2024: No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2024: 181,021,197 shares
March 31, 2024: 181,021,197 shares2) Total number of treasury shares at the end of the period:
June 30, 2024: 24,396,723 shares
March 31, 2024: 24,396,199 shares
3) Average number of shares during the period:
Three months ended June 30, 2024: 156,624,657 shares
Three months ended June 30, 2023: 156,470,104 shares
1,351,411 shares held by the management board incentive plan trust and 2,138,923 shares held by the employee
stock ownership plan trust are included in the total number of treasury shares at the end of the period, and theaverage number of shares during the period is calculated and stated taking into account the shares held by thetrusts.
*Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified
public accountants or an audit corporation: No* Explanation of the proper use of financial results forecast and other notes(1) The earnings forecasts and other forward-looking statements herein are based on information currently available to
the Company and certain assumptions deemed reasonable. Actual results may differ significantly due to a wide
range of factors.

1. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Million yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts and other
Costs on construction contracts in progress
Other inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

1

As of June 30, 2024

50,21253,654

181,565

164,961

5,002
4,152
9,223
(217)
249,938

4,699
4,539
11,311(196)
238,969

16,032
20,11936,152
1,693

16,031
20,54336,575
1,631

28,2506,037
12,608(534)
46,362
84,207334,145

29,453
5,682
13,197(0)
48,33286,540325,509(Million yen)
As of March 31, 2024
Liabilities
Current liabilities
Accounts payable for construction contracts andotherShort-term borrowings
Current portion of bonds
Advances received on construction contracts inprogress
Provision for warranties for completed construction
Provision for bonuses
Provision for loss on construction contracts
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Deferred tax liabilities
Retirement benefit liability
Provision for management board incentive plan trust
Provision for employee stock ownership plan trust
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

2

As of June 30, 2024

55,315

46,105

16,34835

26,25435

33,563

41,415

2,106
3,144
453
55,536
166,503

2,237
929
429
41,072
158,479

7,249
26
3,672
270
755
1,198
13,172
179,675

7,205
25
3,548
320
869
1,297
13,266
171,746

17,006
17,678
128,575(21,595)
141,664

17,006
17,678126,022(21,595)
139,111

6,638
1,974
283
3,008
11,905
900
154,470
334,145

7,412
3,079
305
2,947
13,745
906
153,763
325,509(2) Quarterly Consolidated Statements of Income and Comprehensive Income(Quarterly Consolidated Statements of Income)(Three Months Ended June 30)(Million yen)
For the three months
ended June 30, 2023
Net sales
Net sales of completed construction contracts
Sales in other businesses
Total net sales
Cost of sales
Cost of sales of completed construction contracts
Cost of sales in other businesses
Total cost of sales
Gross profit
Gross profit on completed construction contracts
Gross profit - other businessTotal gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Dividend income
Foreign exchange gains
Insurance claim income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity
methodCommission expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
Loss on litigation
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

3

For the three months
ended June 30, 2024

77,106
4,688
81,79478,738
4,967
83,706

68,977
4,395
73,37370,765
4,403
75,169

8,128
292
8,421
5,701
2,720

7,972
564
8,536
5,582
2,954

65
509
1
120
696

63
446
300
111
921

83

95

15

21

188
55
344
3,073

312
40
470
3,405

－
－

25
25

38
31
70
3,002
1,038
1,964
11
1,952

－
－
－
3,431
1,184
2,246
(4)
2,250

(Quarterly Consolidated Statements of Comprehensive Income)(Three Months Ended June 30)(Million yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

4

For the three months
ended June 30, 2023
1,964

For the three months
ended June 30, 2024
2,246

1,087
40
(21)

774
32
(61)

625

1,104

1,731
3,696

1,850
4,097

3,668

4,090

27

6

2. (Reference) Quarterly Non-Consolidated Financial Statements(1) Quarterly Non-Consolidated Balance Sheets(Million yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts and other
Costs on construction contracts in progress
Other inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

5

As of June 30, 2024

39,03240,246

179,352

163,816

4,617
1,849
9,178
(216)
233,813

4,284
1,982
11,130(196)
221,263

13,25016,73829,988
1,427

13,24916,79330,042
1,376

30,636
6,492
10,774(535)
47,36778,783
312,596

31,834
6,099
10,781(3)
48,71280,131
301,395

(Million yen)
As of March 31, 2024
Liabilities
Current liabilities
Accounts payable for construction contracts andotherShort-term borrowings
Current portion of bonds
Advances received on construction contracts inprogress
Provision for warranties for completed construction
Provision for bonuses
Provision for loss on construction contracts
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Provisions for retirement benefits
Provision for management board incentive plan trust
Provision for employee stock ownership plan trust
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

6

As of June 30, 2024

57,57946,05016,262
35

26,17835

32,12039,953

2,104
2,991
450
50,298161,842

2,234
773
423
36,520152,170

7,034
4,789
270
755
1,175
14,024
175,867

7,002
4,648
320
869
1,273
14,115
166,285

17,006
17,743116,975(21,595)
130,129

17,006
17,743
114,585(21,595)
127,739

6,599
6,599
136,728
312,596

7,370
7,370
135,109
301,395

(2) Quarterly Non-Consolidated Statements of Income(Three Months Ended June 30)(Million yen)
For the three months
ended June 30, 2023
Net sales
Net sales of completed construction contracts
Sales in other businesses
Total net sales
Cost of sales
Cost of sales of completed construction contracts
Cost of sales in other businesses
Total cost of sales
Gross profit
Gross profit on completed construction contracts
Gross profit - other businessTotal gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Non-operating expenses
Ordinary profit
Extraordinary income
Extraordinary losses
Profit before income taxes
Income taxes
Profit7

For the three months
ended June 30, 2024

76,006966
76,973

77,9901,328
79,31968,254
1,001
69,25670,202
1,199
71,402

7,751
(35)
7,716
5,277
2,438
893
319
3,012
－
70
2,942
933
2,008

7,787
129
7,916
5,108
2,808
1,115
437
3,486
25
－
3,512
1,098
2,414

3. Supplementary Information(1) Results for the three months ended June 30, 2024 and forecasts for the six months ending September 30, 2024
and full year
1. Non-consolidated(Unit: Million yen. Rounded down to the unit)

Fiscal year ending March 31, 2025
Results for the threemonths ended June30, 2023

Results for the threemonths ended June30, 2024

Forecasts for the six
months ending
September 30, 2024
(announced in May
2024)

Full year forecasts(announced in May
2024)

Civil engineering

17,863

27,91948,000125,000

Building construction

43,27745,296

118,000

250,000

Total orders received

61,141

73,216

166,000

375,000

Civil engineering
Net sales ofcompleted Building construction
construction
Total net sales ofcontracts
completed
construction contracts

33,18028,67756,000125,000

42,82649,313

121,000

250,000

76,00677,990177,000

375,000

5,555[16.7%]
2,196[5.1%]

4,015[14.0%]
3,772[7.6%]

7,751

Items

Ordersreceived

Civil engineering
Gross profit
oncompleted Building construction
construction
Total gross profit oncontracts
completed construction
contracts

7,600

19,100[13.6％][15.3％]

11,60026,300[9.6％][10.5％]

7,787

19,20045,400[10.2%][10.0%][10.8％][12.1％]

76,97379,319179,500

380,000

7,716[10.0%]

7,916[10.0%]

19,40045,800[10.8％][12.1％]

5,277

5,108

12,00024,0002,438[3.2%]
573
[209]

2,808
[3.5%]
678
[210]

3,012
[3.9%]

3,486[4.4%]

(70)

25

―

―

2,942
[3.8%]

3,512[4.4%]

7,200

21,300[4.0％][5.6％]Tax expenses

933

1,098

2,300

6,500

Profit2,008[2.6%]

2,414[3.0%]

4,900

14,800[2.7％][3.9％]

Gross sales
Gross profit
Selling, general andadministrative expenses
Operating profit
Non-operating income/expenses[Interest income/expenses]
Ordinary profit
Extraordinary income/losses
Profit before income taxes

8

7,400

21,800[4.1％][5.7％]

(200)

(500)

[100]

[50]

7,200

21,300[4.0％][5.6％]

2. Consolidated(Unit: Million yen. Rounded down to the unit)

Fiscal year ending March 31, 2025
Results for the threemonths ended June30, 2023

Results for the threemonths ended June30, 2024

Forecasts for the six
months ending
September 30, 2024
(announced in May
2024)

Full year forecasts(announced in May
2024)

Gross sales

81,794

83,706

189,600

406,200

Selling, general andadministrative expenses

5,701

5,582

12,90025,900Operating profit

2,720[3.3%]

2,954[3.5%]

7,400

22,900[3.9％][5.6％]

Ordinary profit

3,073[3.8%]

3,405[4.1%]

6,900

22,100[3.6％][5.4％]

Profit attributable toowners of parent

1,952[2.4%]

2,250[2.7%]

4,600

15,200[2.4％][3.7％]

Items(2) Non-consolidated orders received, net sales, and backlog(Orders received for the construction business)
Category
Government
sectorDomestic
Privatecivil
sectorengineering
Total
Government
sectorDomestic
Privatebuilding
sectorconstruction
Total
Government
sectorPrivateDomestic
sectorTotal
Civil
engineering
Building
Overseas
construction
Total
Civil
engineering
Building
Sum total
construction
Total(Unit: Million yen, %)For the three months
ended June 30, 2023

For the three months
ended June 30, 2024

AmountAmount%%Increase/decrease

Results for the fiscal year
ended March 31, 2024

Amount% changeAmount%15,152[86.0]

24,096[86.8]

8,943

59.0

80,182[71.6]

2,462[14.0]

3,662[13.2]

1,199

48.7

31,769[28.4]

17,61528.8

27,75837.9

10,14357.6

111,951

31.9

515

[1.3]

4,051

[9.4]

3,536

686.2

20,250[9.9]

39,275[98.7]

39,099[90.6]

(175)

(0.4)

184,735[90.1]

39,79065.1

43,151

58.9

3,360

8.4

204,986

58.4

15,667[27.3]

28,147[39.7]

12,47979.7

100,433[31.7]

41,737[72.7]

42,762[60.3]

1,024

2.5

216,504[68.3]

57,40593.9

70,90996.8

13,50423.5

316,938

90.2

248

[6.7]

161

[7.0]

(87)

(35.2)

3,672[10.7]

3,487[93.3]

2,145[93.0](1,341)(38.5)

30,593[89.3]

3,736

6.1

2,306

3.2

(1,429)(38.3)

34,266

9.8

17,863[29.2]

27,919[38.1]

10,055

56.3

115,624[32.9]

43,277[70.8]

45,296[61.9]

2,019

4.7

235,579[67.1]

61,141

100.0

73,216100.0

12,07519.7

351,204100.0

9

(Net sales for the construction business)
Category
Government
sectorDomestic
Privatecivil
sectorengineering
Total
Government
sectorDomestic
Privatebuilding
sectorconstruction
Total
Government
sectorPrivateDomestic
sectorTotal
Civil
engineering
Building
Overseas
construction
Total
Civil
engineering
Building
Sum total
construction
Total(Unit: Million yen, %)For the three months
ended June 30, 2023

For the three months
ended June 30, 2024

AmountAmount%%Increase/decrease

Results for the fiscal year
ended March 31, 2024

Amount% changeAmount%20,456[64.9]

17,381[64.1](3,075)(15.0)

80,880[64.3]

11,049[35.1]

9,723[35.9](1,325)(12.0)

44,996[35.7]

31,50641.5

27,10534.8(4,400)(14.0)

125,877

35.2

7,239

[19.3]

10,672[24.4]

3,432

47.4

40,847[20.3]

30,329[80.7]

33,006[75.6]

2,677

8.8

160,635[79.7]

37,56849.4

43,679

56.0

6,110

16.3

201,483

56.4

27,696[40.1]

28,053[39.6]

357

1.3

121,728[37.2]

41,378[59.9]

42,730[60.4]

1,351

3.3

205,632[62.8]

69,074

90.9

70,784

90.8

1,709

2.5

327,360

91.6

1,673

[24.2]

1,571[21.8]

(102)

(6.1)

7,346

[24.4]

5,257[75.8]

5,634[78.2]

376

7.2

22,766[75.6]

6,931

9.1

7,206

9.2

274

4.0

30,112

8.4

33,180[43.7]

28,677[36.8](4,502)(13.6)

133,223[37.3]

42,826[56.3]

49,313[63.2]

6,487

15.1

224,249[62.7]

76,006100.0

77,990

100.0

1,984

2.6

357,473100.0

10

(Backlog for the construction business)

Category
Government
sectorDomestic
Privatecivil
sectorengineering
Total
Government
sectorDomestic
Privatebuilding
sectorconstruction
Total
Government
sectorPrivateDomestic
sectorTotal
Civil
engineering
Building
Overseas
construction
Total
Civil
engineering
Building
Sum total
construction
Total(Unit: Million yen, %)For the three months
ended June 30, 2023

For the three months
ended June 30, 2024

Amount%Amount%115,400[42.9]

126,721

153,307[57.1]

268,707

Increase/decrease
Amount% changeAmount%[47.1]

11,3209.8

120,006[44.7]

142,605[52.9](10,702)(7.0)

148,666[55.3]

52.3

269,326

51.9

618

0.2

268,673

51.4

77,008[34.1]

56,514[25.0](20,493)(26.6)

63,135[27.8]

148,575[65.9]

169,822[75.0]

21,246

14.3

163,729[72.2]

225,58343.9

226,336

43.6

753

0.3

226,86443.4

192,408[38.9]

183,235[37.0](9,172)(4.8)

183,141[37.0]

301,883[61.1]

312,428[63.0]

10,544

3.5

312,396[63.0]

494,29196.1

495,663

95.4

1,372

0.3

495,537

94.8

6,326

[31.8]

2,769[11.7](3,556)(56.2)

4,146[15.1]

13,569[68.2]

20,897[88.3]

7,327

54.0

23,301[84.9]

19,896

3.9

23,666

4.6

3,770

19.0

27,4475.2

275,034[53.5]

272,096[52.4](2,937)(1.1)

272,819[52.2]

239,153[46.5]

247,233[47.6]

8,080

3.4

250,166[47.8]

514,187

100.0

519,330

100.0

5,142

1.0

522,985

100.0(Net sales for other businesses)
Category

Other businesses

Results for the fiscal year
ended March 31, 2024

(Unit: Million yen, %)For the three months
ended June 30, 2023

For the three months
ended June 30, 2024

AmountAmount
966

1,328

11

Increase/decrease
Amount% change

361

37.4

Results for the fiscal year
ended March 31, 2024
Amount5,133