Note: This document has been translated from the Japanese original for reference purposes only. In the eventof any discrepancy between this translated document and the Japanese original, the original shall prevail.

Consolidated Financial Report [Japanese GAAP]
for the Three Months Ended June 30, 2024
July 29, 2024
Kyudenko Corporation
Listing: Tokyo Stock Exchange / Fukuoka Stock Exchange
1959
URL:
https://www.kyudenko.co.jp
Kazuyuki Ishibashi, Executive Officer Representative President
Akira Shirouzu, Senior Executive Officer,
Inquiries:
General Manager of Finance & Accounting DepartmentTel:+81(0)-92-523-1239
Scheduled date to commence dividend payments:―
Preparation of supplementary material on financial results: Yes
Holding of quarterly financial results briefing: None
Company name:Securities code:
Representative:(Yen amounts are rounded down to millions.)

1. Consolidated financial results for the three months ended June 30, 2024
(From April 1, 2024 to June 30, 2024)(1) Consolidated operating results (cumulative)
Net sales
Three months ended
June 30, 2024
Three months ended
June 30, 2023
(Note) Comprehensive income(Percentages indicate year-on-year changes.)
Profit attributable toOrdinary income
owners of parent

Operating income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

107,205

24.3

10,263113.4

11,147

77.1

7,758

82.4

86,242

24.8

4,808

64.8

6,294

65.7

4,254

80.5

Three months ended June 30, 2024:
Three months ended June 30, 2023:¥7,748 million (29.5%)¥5,981 million (90.5%)

Profit per share
Three months ended June 30, 2024
Three months ended June 30, 2023

Diluted profit per share
Yen

Yen

109.6960.05――(2) Consolidated financial position
Total assets
As of June 30, 2024
As of March 31, 2024
(Reference) Equity

Net assets

Equity ratio

Millions of yen

Millions of yen%

476,130
503,284

294,438
291,125¥292,059 million¥288,781 million

61.3
57.4

As of June 30, 2024
As of March 31, 2024

2. Dividends
Annual dividends per share
1st quarter-end

2nd quarter-end 3rd quarter-end

Yen

Yen

Year ended March 31, 2024―
55.00
Year ending March 31, 2025―
Year ending March 31, 2025
65.00
(Forecast)(Note) Revisions to the forecast of cash dividends most recently announced: None

Year-end

Total

Yen

Yen

Yen

―

65.00

120.00―65.00

130.003. Forecast of consolidated financial results of operations for the fiscal year ending March 31, 2025
(From April 1, 2024 to March 31, 2025)(Percentages indicate change from corresponding period of the previous fiscal year.)
Profit attributable to
Net sales
Operating income
Ordinary income
Profit per shareowners of parent
Millions of yen%

Yen

Full year
500,000 6.6
39,5003.9
43,0001.5
29,000(Note) Revisions to the most recently announced consolidated earnings forecast: None

Millions of yen%

Millions of yen%

Millions of yen%

3.5

410.01

*Notes(1) Significant changes in the scope of consolidation during the period: None
Newly included: －companies (Company name)
Excluded:－companies (Company name)(2) Adoption of accounting treatment specific to the preparation of quarterly
consolidated financial statements: Yes
Note: For details, see “Adoption of accounting treatment specific to the preparation of quarterly consolidated financial
statements” on p.7 of the attached materials.

(3) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(4) Number of issued shares (common stock)(i) Total number of issued shares atThree months ended
the end of the period (including
June 30, 2024
treasury stock)(ii) Number of treasury stock at the Three months ended
June 30, 2024
end of the period(iii) Average number of shares
Three months ended
outstanding during the period(cumulative from the beginning of June 30, 2024
the fiscal year)

70,864,961 shares

133,985 shares

70,729,843 sharesYear ended
March 31, 2024
Year ended
March 31, 2024
Three months ended
June 30, 2023

70,864,961 shares

136,282 shares

70,845,160 shares(Note)Treasury stock figures include company shares remaining in the trust that administers the stock compensation
plan for officers (as of June 30, 2024：113,600 shares; as of March 31, 2024：116,000 shares).

* Review of the Japanese-language originals of the attached consolidated quarterly financial statements bycertified public accountants or an audit firm: None
* Proper use of consolidated earnings forecasts and other special matters
Forward-looking statements such as the earnings outlook included in these materials are based on information available
to the company at the time of their compilation and on certain assumptions that have been determined to be reasonable.
They do not constitute any commitment on the part of the company to achieve specific results. In addition, actual
performance and other results may diverge significantly from forecasts for a variety of reasons. For precautionary
information about the conditions that comprise the assumptions underlying earnings forecasts and about the use of
earnings forecasts, see “Explanation of consolidated earnings forecasts and other forward-looking information” on p.2 of
the attached materials.

Attached materials ― Contents

1. Qualitative information related to this quarterly financial report .................................................................................. 2(1) Explanation of operating results .......................................................................................................................... 2(2) Explanation of financial position .......................................................................................................................... 2(3) Explanation of consolidated earnings forecasts and other forward-looking information ...................................... 2
2. Quarterly consolidated financial statements and principal notes ................................................................................ 3(1) Quarterly consolidated balance sheet ................................................................................................................. 3(2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive income .. 5(3) Notes on the quarterly consolidated financial statements ................................................................................... 7(Changes in accounting policies) ......................................................................................................................... 7(Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements) ... 7(Notes on business segment information) ........................................................................................................... 8(Notes on noteworthy changes in shareholders’ equity) ...................................................................................... 9(Notes on the premise of a going concern).......................................................................................................... 9(Notes on the cash flow statement) ..................................................................................................................... 9
3. Reference ................................................................................................................................................................. 10
Overview of non-consolidated results ............................................................................................................... 10
4. Supplemental information .......................................................................................................................................... 11(1) Breakdown of consolidated results by business segment and customer ........................................................... 11(2) Breakdown of non-consolidated results by business segment and customer ................................................... 12―1―

1. Qualitative information related to this quarterly financial report(1) Explanation of operating results
During the first quarterly consolidated cumulative accounting period, orders fell 11.7% from the robust performanceof corresponding quarter of the previous fiscal year to ¥115,968 million.
Net sales rose 24.3% from the corresponding period of the previous fiscal year to ¥107,205 million thanks toprogress in construction of large projects against the backdrop of a record-high construction contract balance.
Operating income rose 113.4% from the corresponding period of the previous fiscal year to ¥10,263 million. Thissignificant growth was the result of growth in net sales stemming from progress in construction of large projects andimprovement in construction profitability.
Ordinary income rose 77.1% from the corresponding period of the previous fiscal year to ¥11,147 million, whilequarterly profit attributable to owners of parent rose 82.4% from the corresponding period of the previous fiscal year to¥7,758 million.
With regard to the Ukujima solar project, we managed construction progress in an appropriate manner and working
earnestly to secure the understanding of interested parties, including the fishery cooperative, while seeking feedback
and guidance from local government and other stakeholders, with a focus on Ukujima Mirai Energy LLC, which isleading the project.

(2) Explanation of financial position
Total assets fell ¥27,153 million (5.4%) from the end of the previous consolidated fiscal year to ¥476,130 million due
to factors including a decline in accounts receivable from completed construction contracts due to the collection of those
funds.
Total liabilities fell ¥30,466 million (14.4%) from the end of the previous consolidated fiscal year to ¥181,692 million
due to factors including a decline in electronically recorded obligations and accounts payable for construction
contracts due to the settlement of payment obligations.
Total net assets rose ¥3,312 million (1.1%) from the end of the previous consolidated fiscal year to ¥294,438 million
as an increase in retained earnings due to the posting of quarterly profit attributable to owners of parent and otherfactors offset the payment of dividends.

(3) Explanation of consolidated earnings forecasts and other forward-looking information
There has been no change to the earnings forecast announced along with year-end financial results on April 26, 2024.

―2―2. Quarterly consolidated financial statements and principal notes(1) Quarterly consolidated balance sheet(Millions of yen)Previous fiscal year
As of March 31, 2024

Current 1st Quarter
As of June 30, 2024

AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts and other
Costs of uncompleted construction contracts
Merchandise
Raw materials and supplies
Other
Allowance for doubtful accounts

98,54888,613

164,887

139,895

9,949
614

10,623554

33,35917,05933,86319,025(0)(0)

324,418

292,575

32,26632,085Land
Other, net

30,207
16,19330,36916,144

Total property and equipment

78,66778,600Goodwill
Customer related assets

507
1,298

386
1,187

Other

2,584

2,532

Total intangible assets

4,390

4,107

Investment securities
Long-term loans receivable

73,645
14

78,096
6

Retirement benefit asset
Deferred tax assets

14,8292,129

15,467
1,740

Other
Allowance for doubtful accounts

6,193(1,004)

6,537(1,000)Total current assets
Fixed assets
Property and equipment
Buildings and structures, net

Intangible assets

Investments and other assets

Total investments and other assets
Total fixed assets
Total assets―3―

95,808100,848

178,865

183,555

503,284

476,130

(Millions of yen)Previous fiscal year
As of March 31, 2024

Current 1st Quarter
As of June 30, 2024

71,61748,92847,88145,040

Short-term borrowings
Income taxes payable

28,93010,712

28,811
3,810

Advances received on uncompleted construction contracts
Provision for loss on construction contracts

21,553262

27,164178

Other

14,569

11,694

Total current liabilities

195,527

165,629

Long-term borrowings
Lease obligations

3,025
3,380

2,943
3,534

Provision for retirement benefits for directors (and other officers)
Retirement benefit liability

309
3,774

244
3,835

Provision for share-based payments
Provision for loss on business of subsidiaries and associates

87
2,260

100
2,260

Liabilities
Current liabilities
Notes payable, accounts payable for construction contracts andotherElectronically recorded obligations

Long-term liabilities

Other

3,792

3,145

Total long-term liabilities

16,63016,063

212,158

181,692

Share capital
Capital surplus

12,561
13,06912,561
13,069Retained earnings
Treasury stock, at cost

253,824(493)

257,141(483)

Total shareholders’ equity

278,962

282,289

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

7,810
61

7,566
132

Foreign currency translation adjustment
Retirement benefit liability adjustments

890
1,056

984
1,085

Total accumulated other comprehensive loss

9,818

9,770

Total liabilities
Net assets
Shareholders' equity

Accumulated other comprehensive income

Non-controlling interests
Total net assets
Total liabilities and net assets

―4―

2,344

2,378

291,125

294,438

503,284

476,130

(2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive
incomeQuarterly consolidated statement of income
First quarterly consolidated cumulative accounting period

Net sales
Construction contracts

Previous 1st Quarter(From April 1, 2023 toJune 30, 2023)(Millions of yen)
Current 1st Quarter(From April 1, 2024 toJune 30, 2024)

82,817102,703

Other

3,425

4,501

Total net sales

86,242

107,205

Construction contracts
Other

72,381
2,420

86,3503,369

Total cost of sales

74,802

89,719Gross profit
Construction contracts

Cost of sales

10,435

16,353

Other

1,004

1,132

Total gross profit

11,44017,486

Selling, general and administrative expenses

6,631

7,222

Operating income

4,808

10,263

28
1,094

32
774

Share of profit of entities accounted for using equity method
Gain on investments in partnerships

50
133

―
40

Rent income
Other

80
237

90
186

1,625

1,124

108

114

―
22

54
65

Non-operating income
Interest income
Dividend income

Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity method
Extra retirement payments
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of fixed assets

8

6

139

240

6,294

11,147

7

37

Gain on sales of investment securities

161

255

Total extraordinary income

168

292

Extraordinary losses
Loss on disposal and sales of fixed assets

2

5Loss on sales of investment securities
Loss on valuation of investment securities

0
152

―
―

154

5

Profit before income taxes

Total extraordinary losses

6,308

11,434

Income taxes

2,033

3,653

Profit

4,275

7,780

Profit attributable to non-controlling interests
Profit attributable to owners of parent

―5―

21

22

4,254

7,758

Quarterly consolidated statement of comprehensive income
First quarterly consolidated cumulative accounting period

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Retirement benefit liability adjustments
Share of other comprehensive income (loss) of entities accounted
for using equity method
Total other comprehensive income
Comprehensive income

Previous 1st Quarter(From April 1, 2023 toJune 30, 2023)
4,275(Millions of yen)
Current 1st Quarter(From April 1, 2024 toJune 30, 2024)
7,780

1,597
31

(254)
114

112

28

(35)

78

1,706

(32)

5,981

7,748

5,953
28

7,705
42

(of which)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests―6―(3) Notes on the quarterly consolidated financial statements(Changes in accounting policies)(Application of the “Accounting Standard for Current Income Taxes” and other relevant Accounting Standards Boardof Japan (ASBJ) regulations)
The Company began applying the “Accounting Standard for Current Income Taxes” (ASBJ Statement No. 27,
October 28, 2022; the “Revised Accounting Standard of 2022”) and other relevant ASBJ regulations during the firstquarterly consolidated accounting period under review.
Revisions to categories for recording current income taxes (taxation on other comprehensive income) conform to
the transitional treatment in the proviso of paragraph 20-3 of the Revised Accounting Standard of 2022 and thetransitional treatment in the proviso of paragraph 65-2 (2) of the “Guidance on Accounting Standard for Tax EffectAccounting” (ASBJ Guidance No. 28, October 28, 2022, Accounting Standards Board of Japan). This change inaccounting policies has had no impact on the Company’s quarterly consolidated financial statements.
Concerning revisions related to a review of how gains and losses incurred as a result of the sale of assets such as
shares of subsidiaries between consolidated companies shown on consolidated financial statements when deferred
for tax reasons, the Company began applying the 2022 revised Implementation Guidance during the first quarterly
consolidated accounting period under review. This change in accounting policy is being applied retroactively, andquarterly consolidated financial statements and consolidate financial statements for the previous quarter and theprevious consolidated fiscal year, respectively, reflect its retroactive application. This change in accounting policy had
no impact on the quarterly consolidated financial statements for the previous quarter or on the consolidated financial
statements for the previous consolidated fiscal year.
(Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements)
Calculation of tax expenses
Tax expenses have been calculated by making a reasonable estimate of the effective tax rate after the applicationof tax effect accounting to pre-tax income for the consolidated fiscal year that includes the first consolidated
quarterly accounting period and then applying the effective tax rate used in that estimate to the pre-tax quarterly
income.

―7―

(Notes on business segment information)(Business segment information)
Ⅰ Previous 1st Quarter (from April 1, 2023 to June 30, 2023)
1. Information related to net sales and profit figures for individual reporting segments(Millions of yen)
Reporting segment
Facilities construction business

Other(Note 1)

Sales to outside customers

82,817

3,425

86,242―

86,242

Inter-segment internal sales
and transfers

164

974

1,139

(1,139)―Total

82,981

4,399

87,381(1,139)86,242

4,047

644

4,692

116

4,808

Total

Adjustment(Note 2)Total

Net sales

Segment profit

Note 1: The “Other” category comprises a business segment that is not included in any other reporting segment andconsists of businesses such as the following: sales of construction-related materials and equipment, real-estate,
generation of renewable energy, temporary staffing, software development, environmental analysis andmeasurement, health care, golf course operation, business hotel operation, and retail facility planning and operation.
2. The ¥116 million adjustment to segment profit serves to eliminate inter-segment transactions.
3. Segment profit is derived from operating income as listed on the quarterly consolidated statement of income andadjustments.
Ⅱ Current 1st Quarter (from April 1, 2024 to June 30, 2024)
1. Information related to net sales and profit figures for individual reporting segments(Millions of yen)
Reporting segment
Facilities construction business

Other(Note 1)

Total

Adjustment(Note 2)

102,703

4,501

107,205―

107,205

218

1,007

1,226

(1,226)―

102,9225,509

108,432(1,226)107,205

9,551

630

10,181

81

10,263Total

Net sales
Sales to outside customers
Inter-segment internal sales andtransfers
Total
Segment profit

Note 1: The “Other” category comprises a business segment that is not included in any other reporting segment andconsists of businesses such as the following: sales of construction-related materials and equipment, real-estate,
generation of renewable energy, temporary staffing, software development, environmental analysis andmeasurement, health care, golf course operation, business hotel operation, and retail facility planning and operation.
2. The ¥81 million adjustment to segment profit serves to eliminate inter-segment transactions.
3. Segment profit is derived from operating income as listed on the quarterly consolidated statement of income andadjustments.

―8―

(Notes on noteworthy changes in shareholders’ equity)
None(Notes on the premise of a going concern)
None(Notes on the cash flow statement)
No quarterly consolidated cash flow statement has been compiled for the first quarterly consolidated cumulative
accounting period.
Depreciation expenses (excluding goodwill but including depreciation of intangible fixed assets) and amortization of
goodwill during the first quarterly consolidated cumulative accounting period were as follows:
Previous 1st Quarter(From April 1, 2023 toJune 30, 2023)
Depreciation expenses
Amortization of goodwill―9―

Current 1st Quarter(From April 1, 2024 toJune 30, 2024)

Millions of yen

Millions of yen

1,467
63

1,441
67

3. Reference
Overview of non-consolidated results(Yen amounts are rounded down to millions.)
Non-consolidated financial results for the three months ended June 30, 2024
(From April 1, 2024 to June 30, 2024)(1) Non-consolidated operating results (cumulative)
Net sales
Three months ended
June 30, 2024
Three months ended
June 30, 2023

(Percentages indicate year-on-year changes.)
Operating income

Ordinary income

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

94,070

24.8

9,218

148.2

10,388

91.7

7,470

98.5

75,363

29.2

3,714

67.4

5,418

94.4

3,763

103.5

Profit per share
Three months ended
June 30, 2024
Three months ended
June 30, 2023

Diluted profit
per share

Yen

Yen

105.60

―

53.11

―

(2) Non-consolidated financial position
Total assets
As of June 30, 2024
As of March 31, 2024

Net assets

Equity ratio

Millions of yen

Millions of yen%

427,513447,058

235,421232,81755.1
52.1

Note: This overview of non-consolidated operating results is provided for reference purposes only and as such does not fallwithin the scope of review of legally mandated disclosures.

―10―

4. Supplemental information(1) Breakdown of consolidated results by business segment and customer(i) Net sales
Accounting periodBusiness segment

Three months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

Increase(Decrease)
Amount(millions of yen)

Rate (%)

Power distribution line work

10,405

12.1

11,836

11.1

1,431

13.8

Electrical work
HVAC and sanitaryfacility work
Total, facilities construction
business
Other businesses

44,12351.1

54,80451.1

10,68024.2

28,28732.8

36,062

33.6

7,774

27.5

82,81796.0

102,703

95.8

19,886

24.0

1,076

31.4

Total

86,242

20,963

24.3

3,425

4.0

4,501

100

107,205

4.2
100(ii) Construction orders
Accounting periodBusiness segment

Three months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

Increase(Decrease)
Amount(millions of yen)

Rate (%)

Power distribution line work

10,783

8.2

13,266

11.4

2,483

23.0

Electrical work
HVAC and sanitaryfacility workTotal

70,005

53.3

56,06948.3(13,935)(19.9)

50,572

38.5

131,360

46,632

100

115,96840.3
100(3,939)(7.8)(15,391)(11.7)(iii) Construction contract balance at end of period
Accounting period

As of June 30, 2023

As of June 30, 2024

Increase(Decrease)
AmountRate (%)(millions of yen)Amount(millions of yen)

As percent of
total

Amount(millions of yen)

As percent of
totalPower distribution line work

3,407

0.7

4,736

1.0

1,329

39.0

Electrical work
HVAC and sanitaryfacility work
Total

348,89267.5

303,89764.7(44,995)(12.9)

164,04531.8

160,950

34.3(3,094)(1.9)(46,760)(9.1)

Business segment

516,344100

469,584

100(iv) Construction sales by customer
Accounting period
CustomerThree months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Kyushu Electric Power Group*

10,470General customers

72,346

Total

82,817

Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

12.6

12,13087.4

90,573

100

102,703

Increase(Decrease)
Amount(millions of yen)

Rate (%)

11.8

1,659

15.9

88.2

18,22725.2

19,88624.0100(v) Construction orders by customer
Accounting period
CustomerThree months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Kyushu Electric Power Group*

10,962

General customers

120,397

Total

131,360

Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

8.3

12,482

91.7

103,486

100

115,968

Increase(Decrease)
Amount(millions of yen)

Rate (%)

1,519

13.9

(16,911)(14.0)(15,391)(11.7)

10.8
89.2
100

(vi) Full-year sales and construction order volume forecast for the fiscal year ending March 2025
Business segment
Power distribution line work
Electrical work
HVAC and sanitary facility work
Total, facilities construction business
Other businesses
Total

Sales (millions of yen)
50,000275,000
160,000
485,000
15,000500,000

Construction order volume (millions of yen)
50,000241,000
161,000
452,000*Kyushu Electric Power Group: Kyushu Electric Power Co., Inc., and Kyushu Electric Power Transmission and Distribution Co., Inc., and Kyuden
T&D Service Co., Inc.

―11―

(2) Breakdown of non-consolidated results by business segment and customer(i) Net sales
Accounting periodBusiness segment

Three months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

Increase(Decrease)
Amount(millions of yen)

Rate (%)

Power distribution line work

10,001

13.3

11,364

12.1

1,363

13.6

Electrical work
HVAC and sanitaryfacility work
Sub total

41,14454.6

51,073

54.3

9,928

24.1

23,13930.7

29,660

31.5

6,521

28.2

74,285

98.6

92,09897.9

17,813

24.0

Other businesses

1,078

1.4

1,971

2.1

893

82.9

Total

75,36318,70724.8

100

94,070100(ii) Construction orders
Accounting periodBusiness segment

Three months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

Increase(Decrease)
Amount(millions of yen)

Rate (%)

Power distribution line work

10,251

8.6

12,484

12.5

2,233

21.8

Electrical work
HVAC and sanitaryfacility work
Total

66,11655.6

50,37950.3(15,736)(23.8)

42,48335.8

37,25737.2(5,226)(12.3)(18,729)(15.8)

118,850

100

100,121100(iii) Construction contract balance at end of period
Accounting periodBusiness segment

As of June 30, 2023
Amount(millions of yen)

As of June 30, 2024

As percent of
total

Amount(millions of yen)

As percent of
total

Increase(Decrease)
AmountRate (%)(millions of yen)Power distribution line work

2,578

0.6

3,705

0.9

1,127

43.7

Electrical work
HVAC and sanitaryfacility work
Total

335,22170.7

287,61268.6(47,609)(14.2)

136,05328.7

128,03830.5(8,014)(5.9)(54,497)(11.5)

473,853100

419,356

100(iv) Construction sales by customer
Accounting period
CustomerThree months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Kyushu Electric Power Group*

10,154General customers

64,130Total

74,285Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

13.7

11,73086.3

80,368100

92,098

Increase(Decrease)
Amount(millions of yen)

Rate (%)

12.7

1,576

15.5

87.3

16,23725.3

17,81324.0100(v) Construction orders by customer
Accounting period
CustomerThree months ended
June 30, 2023
(April 2023 to June 2023)
AmountAs percent of(millions of yen)
total

Three months ended
June 30, 2024
(April 2024 to June 2024)
AmountAs percent of(millions of yen)
total

Increase(Decrease)
Amount(millions of yen)

Rate (%)

Kyushu Electric Power Group*

10,568

8.9

11,778

11.8

1,210

11.5

General customers

108,282

91.1

88,34288.2(19,940)(18.4)

Total

118,850(18,729)(15.8)

100

100,121100*Kyushu Electric Power Group: Kyushu Electric Power Co., Inc., and Kyushu Electric Power Transmission and Distribution Co., Inc., and Kyuden
T&D Service Co., Inc.

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