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Outline of Half Year
Financial Resultsfor Fiscal Year 2022
April 1, 2022 – September 30, 2022

November 10, 2022
JGC HOLDINGS CORPORATIONCONTENTS➢

Highlights(Appendix)➢

Income Statement➢Forecasts for Fiscal Year 2022 by Segment➢Segment Information➢Net sales & New Contracts by Region➢Balance Sheets➢

Historical data chart➢

Cash Flows➢Outline of Contracts (Total Engineering)➢Forecasts for Fiscal Year 2022

2Highlights• Sales growth supported by the steady execution of overseas projects• Sales and profits increased year on year

• Rising forecast for the full-year earnings and dividend© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health3

Income Statement【Unit: Billions of Yen】

H1 FY2021

H1 FY2022

Difference

Net sales

217.9

267.2

+49.3

Gross profit

20.8

32.0

+11.2

Profit ratio

9.6%

12.0%

+2.4ptOperating profit

10.3

18.9+8.5

Ordinary profit

12.630.4+17.8△ 48.420.7+69.1

Profit/loss attributable toowners of parent© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health4Segment Information【Unit: Billions of Yen】

H1 FY2021*

H1 FY2022

195.6

241.8+46.1+24%

Segment profit

9.1

17.3+8.1+89%

Net sales

21.4

23.4+2.0+10%

Segment profit

3.7

3.8+0.1+3%

Net sales

0.8

1.9+1.0+127%

Segment profit△ 0.1

0.3+0.4-

Segment profit△ 2.4△ 2.5△ 0.1-Net sales

217.9267.2+49.3+23%

Segment profit

10.3

18.9+8.5+83%

Net sales
Total Engineering

Functional Materials
Manufacturing

OthersAdjustment

Total (Consolidated)

Difference* The group administrative expenses of JGC Holdings Corporation, which were previously allocated to individualsegments, are included in "Adjustment" as a corporate expense not allocated to individual segments due to a change inthe method of performance management from the first quarter of the current fiscal year.
The segment information for the half year of the previous consolidated fiscal year is presented based on the calculation
method adopted after the change.

© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health5Balance Sheets【Unit: Billions of Yen】

As of March 31,2022

As of September 30,
2022

Difference

Current assets

533.3

587.8

+54.5

Non-current assets

160.9

170.3

+9.4

Total assets

694.2

758.2

+63.9

As of March 31,2022

As of September 30,
2022

Difference

Current liabilities

253.8

301.8

+47.9

Non-current liabilities

52.7

47.2

△ 5.5

Total net assets

387.6

409.2

+21.5

239.6

237.6

△ 1.9

Off Balance Sheet JV CashJGC Portion© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health6

Cash Flows【Unit: Billions of Yen】

Cash flows
from operating activities
Cash flows
from investing activities
Cash flows
from financing activities
Net increase (decrease)in cash and cash equivalents
Cash and cash equivalents
at end of period© 2021 JGC HOLDINGS CORPORATION

H1 FY2021

H1 FY2022

Difference△ 4.8

88.9+93.7

△ 3.9

△ 4.9

△ 1.0

△ 0.9

△ 10.5

△ 9.6

△ 9.1

83.5

+92.7

259.1

371.6+112.4​Enhancing planetary health7

Outline of Contracts (Total Engineering)i) New Contracts【Unit: Billions of Yen】

H1 FY2021

H1 FY2022

FY2022
ForecastOverseas

12.9

416.1

670.0

Domestic

107.6

47.2

170.0

Total

120.6

463.4

840.0

H1 FY2022
Major New Contracts© 2021 JGC HOLDINGS CORPORATION

Gas Oil Separation Unit (Saudi Arabia)
VCM, PVC, and OSBL Expansion((Thailand)​Enhancing planetary health

8ii) Outstanding Contracts (As of September 30, 2022)
By Business Area

By Region【Unit: Billions of Yen】

【Unit: Billions of Yen】

0%9%

6%

15%

19%

6%

2%

1,592.5

1,592.5

56%10%23%
54%

Energy Transiton
Oil and gas■

LNG■Chemical■

Clean energy & Others■Healthcare & Life sciences■Industrial & Urban infrastructure & Others

FY2022
H1MajorOutstanding
Contracts

244.5
163.9
862.1
21.5
300.2

■Japan■

890.7
363.8
96.7
138.9
98.8
3.3

■Asia
■Middle East
■Africa■Americas & Others

Over 100 Billion Yen

Over 50 Billion Yen

Over 30 Billion Yen

LNG (Canada）
Oil Refinery Modernization(Iraq）
Gas Oil Separation Unit
(Saudi Arabia)

Biomass Power Generation (Japan)
Dew Point Control Unit
(Saudi Arabia)VCM, PVC, and OSBL Expansion(Thailand)

Gas Separation Plant (Saudi Arabia)
Pharmaceutical Plant (Japan)
LNG Terminal Facilities (Taiwan)© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health9Forecasts for Fiscal Year 2022
The full-year forecast was revised.
【Unit: Billions of Yen】

Previous(As of August 2022)

RevisedH1 FY2022 Achievement

Difference

ActualRate

New contracts *1840.0

840.0--463.4

55%

Net sales

620.0

630.0

+10.0+2%

267.2

42%

Gross profit

57.0

62.0

+5.0+9%32.0

52%Profit ratio9.2%

9.8%+0.6ptOperating profit

29.0

34.0+5.0+17%18.956%

Ordinary profit

36.0

46.0+10.0+28%

30.4

66%

24.0

30.0+6.0

+25%

20.7

69%

Annual dividends per share¥29.00¥36.00+¥7.00

Forecasts based on (\/US$)¥130.00\140.00*2+¥10.00

Profit attributable toowners of parent

12.0%*1: Total Engineering*2: Exchange rate of forecast for H2 FY2022© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health10Appendix© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health

11Reference (Forecasts for Fiscal Year 2022 by Segment)【Unit: Billions of Yen】

Previous(As of August 2022)

Manufacturing566.0

575.0+9.0+2%

Segment profit

28.6

32.7+4.1+14%

Net sales

46.0

47.0+1.0+2%

Segment profit

6.0

6.5+0.5+8%

Net sales

8.08.0--Segment profit

1.41.4--

Segment profit△ 7.0△ 6.6+0.4-

Net sales

620.0

630.0

+10.0+2%

Segment profit

29.0

34.0+5.0+17%

OthersAdjustment

Total (Consolidated)© 2021 JGC HOLDINGS CORPORATION

Difference

Net sales
Total Engineering

Functional Materials

Revised​Enhancing planetary health12Reference (Net sales & New Contracts by Region)
Net sales

New contracts (Total Engineering)【Unit: Billions of Yen】

H1 FY2021

H1 FY2022Japan

71.5(32.8%)

67.4(25.2%)

Asia

20.9(9.6%)

27.9

Middle East

15.9(7.3%)

Africa31.7

Americas& Others
Total© 2021 JGC HOLDINGS CORPORATION【Unit: Billions of Yen】

H1 FY2021

H1 FY2022

Japan

107.6(89.3%)

47.2(10.2%)(10.5%)

Asia

4.8(4.0%)

99.1(21.4%)

54.5(20.4%)

Middle East

0.4(0.4%)

306.0(66.0%)(14.5%)

22.4(8.4%)

Africa0.9(0.8%)

4.4(1.0%)

77.7(35.8%)

94.8(35.5%)

6.7(5.5%)

6.4(1.4%)

217.9(100.0%)

267.2(100.0%)120.6(100.0%)463.4(100.0%)Americas& Others
Total​Enhancing planetary health13

Reference (Historical data chart)【Unit: Billions of Yen】

Net sales

Gross profit

Operating profit

34.0

62.0
630.0

619.2
480.8

FY2018FY2019

433.9

428.4

FY2020

FY2021

FY2022
Forecast

44.9

43.3

43.7

45.3

FY2018FY2019FY2020

FY202146.030.024.0
4.1

22.3

25.5

FY2022
Forecast

FY2018

Profit/loss attributable toowners of parent

Ordinary profit

32.3

23.2

20.2

FY201922.8

20.6

FY2020

FY2021

FY2022
Forecast

New Contracts
935.4

840.0
683.0

5.1

30.0

315.9

189.6

△ 35.5FY2018FY2019FY2020© 2021 JGC HOLDINGS CORPORATION

FY2021

FY2022
Forecast

FY2018FY2019FY2020

FY2021

FY2022
Forecast

FY2018FY2019FY2020

FY2021

FY2022
Forecast​Enhancing planetary health14

Cautionary Statement
This presentation may contain forward-looking statements that reflect JGC’s plans and expectations.
Such statements are based on currently available information and current assumptions of future
events which may not prove to be accurate. Such statements are also subject to various risks anduncertainties that could cause actual results to differ materially from those forward-looking
statements.
JGC Holdings Corporation undertakes no obligation to update any forward-looking statements after
the date of this presentation. These potential risks and uncertainties include, but are not limited to:•changes in general economic conditions, including foreign currency exchange rates, interest rates
and other factors that could affect our profitability•changes in government regulations or tax laws in jurisdictions where we conduct business

For questions concerning this material, please contact:
Group Strategic Planning &Management Development Department
Corporate Communication GroupJGC Holdings Corporation
Tel: 81-45-682-8026 Fax: 81-45-682-1112
Email: ir@jgc.com© 2021 JGC HOLDINGS CORPORATION​Enhancing planetary health15