Busi ness O ver vie w
2nd Quarter Financial Results for Fiscal 2017
November 9, 2017

Tadashi Ishizuka
Representative Director, President and COO

Contents
1. Project Orders for the First Half of FY2017
2. Target Projects for the Second Half of FY2017
3. LNG Market Trends
4. Principal Policies
5. Strengthening of Project Management
6. Expansion of EPC Domain

Business Overview: Fiscal 2017 First Half Financial Results Briefing21. Project Orders for
the First Half of FY2017
Value of Consolidated Orders Received:351 Billion Yen

Overseas

Domestic

283 Billion Yen

67 Billion Yen Hiroshima CO2 CaptureMozambique FLNG
Equipment
Algeria Crude Oil Gathering MieSolar Powerand Processing Facilities
Hospital
Saudi Arabia Gas Processing  Saitama
 Wakayama Pharmaceuticals
America ※LNG
※Orders to be recorded in FY2019
Others(Indonesia: Gas Processing, LNG Receiving Terminal awaiting client’s FID)
Business Overview: Fiscal 2017 First Half Financial Results Briefing

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2. Target Projects for
the Second Half of FY2017
Middle East

Central Asia

Asia

Oil Refining
Petrochemicals

Gas Processing

Petrochemicals

Oil Refining

AfricaChemicals

Domestic
Solar Power, ChemicalsCrude Oil Processing

Environment
Pharmaceutical, Medical

Intense competition exists, but we are exerting
every effort to achieve a target value of750 billion Yen as consolidated orders
Business Overview: Fiscal 2017 First Half Financial Results Briefing43. LNG Market Trends
The two Trends in LNG Projects
 Overall

Demand increase in China, India, and South-East Asia is a key factor
Supply/demand balance expected in the first half of the 2020’s

 Large-Scale LNG

FID for Large-Scale LNG Projects expected from FY2018 onwards
Planned in North America, Africa, Russia, and Oceania

 Small- and Medium-Scale LNG

 Onshore: Development by new owners in North America is expected(Example) Jordan Cove LNG
 Offshore: Plans for FLNG in Africa

Materialization expected to begin
with competitively priced LNG projects
Business Overview: Fiscal 2017 First Half Financial Results Briefing

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4. Principal Policies
Strengthening of Project Management,
Expansion of EPC Domain is already underway

Strengthening of Project Management
Tightening control of EPC
Promote development of future project leadersExpansion of EPC Domain

Expansion of offshore fieldEnter overseas infrastructure field

Business Overview: Fiscal 2017 First Half Financial Results Briefing

65. Strengthening ofProject Management
The Essential Element of EPC
is Risk Management
 Tightening Control of EPC - Build up Risk Management
 Senior General Managers’ Offices actively participate in Projects- Become involved in risk situations- Early identification of risks through experienced eyes
 Exchange views with mid-level staff (approx. 400)

 Promote Development of Future Project Leaders Number of Project Managers ≒ Project Capacity
 Establishment of a Project Management Development Department(combine Construction Department and Project Departmentpersonnel)
 Gain overall knowledge through involvement in small to medium
size projects
Business Overview: Fiscal 2017 First Half Financial Results Briefing

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6. Expansion of EPC Domain(1)Expansion of Offshore Field
EPC for FLNG/FPSO and involvement on O&M

Top FLNG Contractor
 FLNG

Malaysia
Australia (support for project completion)
MozambiqueEstablishment of an Offshore Business Division Improvement of offshore project operations organization
 Investment in FPSO leasing business, accumulation ofknowhow
 Study collaboration with offshore companies
Business Overview: Fiscal 2017 First Half Financial Results Briefing86. Expansion of EPC Domain(2)Enter Overseas Infrastructure Field
Leverage domestic experiences
to expand overseas business Establishment of an Overseas Infrastructure Project Division
 Appointment of an overseas project expert to the divisional
management

 Attention to Power Generation, Life Sciences(pharmaceuticals, medical care), Non-Ferrous Metals

Power Generation
 Aim for expansion based on
domestic power generation
projects
Focus on domestic gas-fired power
generation and wind-power

Pharmaceuticals
 Promotion of domestic
pharmaceutical companies andoverseas major pharmaceuticalcompanies moves in AsiaApproach to projects mainly in Chinaand Vietnam
Tie-up with U.S. company IPS(Pharmaceutical Engineering company)

Business Overview: Fiscal 2017 First Half Financial Results Briefing

Note on Future Outlook
This presentation may contain forward-looking statements about JGC Corporation. You can identify
these statements by the fact that they do not relate strictly to historic or current facts. Thesestatements discuss future expectations, identify strategies, contain projections of results of operations
or financial conditions or state other “forward-looking” information.
These statements are based on currently available information and represent the beliefs of themanagement of JGC Corporation. These statements are subject to numerous risks and uncertainties
that could cause JGC’s actual results, performance, achievements or financial condition to differ
materially from those described or implied in the forward-looking statements.
JGC Corporation assumes no obligation to publicly update any forward-looking statements after thedate of this presentation. These potential risks and uncertainties include, but are not limited to:competition within the financial services industries in Japan and overseas, our ability to adjust ourbusiness focus and to maintain profitable strategic alliances, volatile and sudden movements in theinternational securities markets, and foreign exchange and global economic situations affecting JGC
Corporation.

For questions concerning this material, please contact:
JGC Corporation
PR and IR Department
Tel：81-45-682-8026 Fax：81-45-682-1112
E-mail: ir@jgc.com
Business Overview: Fiscal 2017 First Half Financial Results Briefing

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