Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Year Ended March 31, 2023
[Japanese GAAP]May 10, 2023
Company name: TOKYU CONSTRUCTION CO., LTD.
Stock exchange listing: Tokyo
Code number: 1720
URL: https://www.tokyu-cnst.co.jp/
Representative: Mitsuhiro Terada ,Representative Director,President
Contact: Atsutomo Koike ,General Manager,Finance Department
Phone: 03(5466)5061
Scheduled date of Annual General Meeting of Shareholders: June 27, 2023
Scheduled date of commencing dividend payments: June 28, 2023
Scheduled date of filing annual securities report: June 28, 2023
Availability of supplementary briefing material on annual financial results: Yes
Schedule of annual financial results briefing session: Yes(Amounts of less than one millions of yen are rounded down.)
1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 (April 1, 2022 to March 31, 2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Millions of yen%
Millions of yen%
Millions of yen%
Millions of yen%
Fiscal year ended
March 31, 2023
288,867
11.9
5,107
5,020
5,245
March 31, 2022
258,083
11.5(6,078)(5,132)(7,459)(Note) Comprehensive income:Fiscal year ended March 31, 2023:¥
5,131 million [-%]Fiscal year ended March 31, 2022:¥(7,913) million [-%]Basic earnings per Diluted earnings per Rate of return on
share
share
equityYen
Fiscal year ended
March 31, 2023
49.99
March 31, 2022
(71.26)(Reference) Equity in earnings (losses) of affiliated companies:

Yen

Ordinary profit tototal assets ratio

%

5.6
(7.6)
Fiscal year ended March 31, 2023:
Fiscal year ended March 31, 2022:

Operating profit to
net sales ratio

%

%

2.1
(2.2)
¥
¥

1.8
(2.4)
240 million
827 million(2) Consolidated Financial Position
Total assets
As ofMarch 31, 2023
March 31, 2022
(Reference) Equity:

Net assets

Millions of yen

249,164
237,811
As of March 31, 2023:
As of March 31, 2022:

Capital adequacy ratio

Millions of yen¥¥

96,02093,064
95,248 million
92,490 million

Net assets per share

%

Yen

38.2
38.9

905.99883.11(3) Consolidated Cash Flows
Cash flows fromoperating activities
Fiscal year ended
March 31, 2023
March 31, 2022

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash
equivalents at the endof period

Millions of yen

Millions of yen

Millions of yen

Millions of yen

20,392
12,201

2,398
(476)

(2,762)(7,531)

58,71438,648

2. Dividends
Annual dividends
1st
2nd
3rd
quarter-end quarter-end quarter-end

Year-end

Total

Fiscal year ended

Yen

Yen

Yen

Yen

March 31, 2022

-

20.00

-

5.00

25.00

March 31, 2023

-

18.00

-

18.00

36.00

-

18.00

-

18.00

36.00

Total
dividends

Payoutratio(consolidated)

Yen Millions of yen

Dividends
to netassets(consolidated)

%

%

2,626

-

2.7

3,824

72.0

4.0

Fiscal year ending
March 31, 2024

94.6

(Forecast)
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)(% indicates changes from the previous corresponding period.)
Basic
Profit attributable to
Net sales
Operating profit
Ordinary profit
earnings perowners of parent
share
Full year

Millions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

307,000

6.3

5,300

3.8

6,200

23.5

4,000

(23.7)

38.05* Notes:(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes inscope of consolidation): No
New(Company name:)
Exclusion:(Company name:)(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
March 31, 2023:
106,761,205 shares
March 31, 2022:
106,761,205 shares
2) Number of treasury shares at the end of the period:
March 31, 2023:
1,629,392 shares
March 31, 2022:
2,029,142 shares
3) Average number of shares outstanding during the period:
Fiscal Year ended March 31, 2023:
104,934,925 sharesFiscal Year ended March 31, 2022:
104,677,477 shares
Note:The number of shares of treasury stock included the shares held by TOKYU CONSTRUCTION Employee Ownership
Association Trust and BIP Trust.

(Reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2023 (April 1, 2022 to March 31, 2023)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net sales
Fiscal year ended
March 31, 2023
March 31, 2022

Operating profit

Ordinary profit

Net income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

261,529
243,025

7.6
12.4

4,398
(6,875)-

4,426(6,314)-

3,825(7,494)-

Basic earnings per share Diluted earnings per share
Fiscal year ended
March 31, 2023
March 31, 2022

Yen

Yen

36.46
(71.60)-(2) Non-consolidated Financial Position
Total assets
As ofMarch 31, 2023
March 31, 2022
(Reference) Equity:

Net assets

Millions of yen

222,959
216,561
As of March 31, 2023:
As of March 31, 2022:

Capital adequacy ratio

Millions of yen

79,56078,886
79,560 million
78,886 million¥¥

Net assets per share

%

Yen

35.7
36.4

756.77753.23

2. Non-consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)(% indicates changes from the previous corresponding period.)
Basic earnings per
Net sales
Operating profit
Ordinary profit
Net income
share
Full year

Millions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

275,000

5.2

3,300

(25.0)

3,500(20.9)

2,300(39.9)

21.82※This document is out of the scope of the quarterly review procedures.
Note: Request for appropriate use of the business outlook and other special remarks:
The forecasts given above are based on information currently available and certain premises regarded as reasonable, and do notinclude any intent that the company will guarantee its achievement. The actual business result is inherently subject to a variety
of risks and uncertainties, and may vary significantly from forecast due to factors including, but not limited to, changes in theeconomic or business environment and exchange rate fluctuations.

TOKYU CONSTRUCTION CO.,LTD.

Consolidated Financial Statements
Consolidated Balance Sheets(Millions of yen)
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts and other
Securities
Costs on construction contracts in progress
Costs on real estate business
Real estate for sale
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Machinery, vehicles, tools, furniture andfixturesLand
Leased assets
Accumulated depreciation
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

As of March 31, 2023

38,64858,714

115,860

113,448

6,981
2
3,801
53
8,695
(78)
173,963

1
7,667
1,034
21
55
7,035
(85)
187,892

11,783

10,891

4,170

3,808

20,636421(7,336)
29,675
1,390

19,336391(7,206)27,2201,480

30,171
26
130
2,453
(0)
32,782
63,847
237,81128,837
6
1,282
2,444
(0)
32,571
61,271
249,164

TOKYU CONSTRUCTION CO.,LTD.

(Millions of yen)
As of March 31, 2022
Liabilities
Current liabilities
Notes payable, accounts payable for construction
contracts and other
Electronically recorded obligations - operating
Short-term borrowings
Lease liabilities
Income taxes payable
Advances received on construction contracts inprogress
Deposits received - real estate business
Provision for warranties for completed
construction
Provision for loss on construction contracts
Provision for bonuses
Provision for losses on sales of shares ofsubsidiaries and associates
Deposits received
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Deferred tax liabilities
Provision for share awards for directors (and otherofficers)
Provision for loss on real estate business and other
Retirement benefit liability
Asset retirement obligations
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-salesecurities
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

As of March 31, 2023

48,69944,324

14,13197
92
1,651

21,17520,08399
2,276

14,536

16,736

37

18

6,625

8,003

8,777
2,047

10,341
2,602

105

-

16,566
1,637
115,004

15,372
3,710
144,743

22,334
134
141

1,887
140
-

46

27

5,139
697
254
994
29,742
144,747

4,883
572
181
708
8,400
153,144

16,354
4,089
67,309(1,282)86,471

16,354
4,093
70,112(1,019)89,541

6,087

5,284

11
(80)
6,018
574
93,064
237,811

269
153
5,707
771
96,020249,164

TOKYU CONSTRUCTION CO.,LTD.

Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income(Millions of yen)
For the fiscal year
ended March 31, 2022
Net sales
Net sales of completed construction contracts
Net sales in real estate business and otherTotal net sales
Cost of sales
Cost of sales of completed construction contracts
Cost of sales in real estate business and otherTotal cost of sales
Gross profit
Gross profit on completed construction contracts
Gross profit (loss) on real estate business and otherTotal gross profit
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Share of profit of entities accounted for using equity
methodOther
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Administrative expenses for investment partnerships
Provision for loss on sales of shares of subsidiaries andassociates
Other
Total non-operating expenses
Ordinary profit (loss)
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on sale of investment securities
Loss on valuation of investment securities
Impairment losses
Total extraordinary losses
Profit (loss) before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit (loss)
Profit attributable to non-controlling interests
Profit (loss) attributable to owners of parent

For the fiscal year
ended March 31, 2023

255,547
2,536
258,083

278,776
10,091
288,867

244,476
3,891
248,367

259,879
7,109
266,988

11,071(1,354)
9,716
15,794(6,078)18,897
2,981
21,87916,771
5,107

22
172
256

16
171
-

827

240

132
1,411

95
523

168
20

140
71
125

105

-

171
465
(5,132)

275
611
5,020

418
418

2,738
2,738

40
49
39
21
151
(4,864)
2,298
239
2,537
(7,402)56(7,459)

47
47
7,711
3,314
(1,043)
2,271
5,439
194
5,245

TOKYU CONSTRUCTION CO.,LTD.

Consolidated Statements of Comprehensive Income(Millions of yen)
For the fiscal year
ended March 31, 2022
Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
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 ofparentComprehensive income attributable to non-controllinginterests

For the fiscal year
ended March 31, 2023

(7,402)

5,439

(981)
94
177

(976)
68
249

198

350

(510)
(7,913)

(308)
5,131

(7,967)

4,934

53

197

TOKYU CONSTRUCTION CO.,LTD.

Consolidated Statements of Changes in Equity
For the fiscal year ended March 31, 2022
(Millions of yen)
Shareholders' equity

Balance at beginningof period
Changes during
periodDividends ofsurplusProfit (loss)
attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesPurchase of sharesof consolidated
subsidiaries
Change of scope ofequity method
Net changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
periodShare capital

Capital surplus

16,354

3,893

Retainedearnings

Treasury shares

Total
shareholders'equity(1,154)96,437

77,344(3,142)(3,142)(7,459)(7,459)

189

(937)

(937)

809

999

6

6
567

567

-

196

(10,034)(127)(9,965)

16,354

4,089

67,309(1,282)86,471

Accumulated other comprehensive income
Total
Valuation
Foreign currency Remeasurements accumulated Non-controlling Total net assets
difference oninterests
translationof defined
otheravailable-for-saleadjustment
benefit plans comprehensive
securities
incomeBalance at beginningof period
Changes during
periodDividends ofsurplusProfit (loss)
attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesPurchase of sharesof consolidated
subsidiaries
Change of scope ofequity method
Net changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
period

7,153

(81)

(545)

6,526

545

103,509(3,142)(7,459)
(937)
999
6
567
(1,066)

92

465

(507)

28

(479)

(1,066)

92

465

(507)

28

(10,444)

6,087

11

(80)

6,018

574

93,064

TOKYU CONSTRUCTION CO.,LTD.

For the fiscal year ended March 31, 2023
(Millions of yen)
Shareholders' equity

Balance at beginningof period
Changes during
periodDividends ofsurplusProfit (loss)
attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesPurchase of sharesof consolidated
subsidiaries
Net changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
periodShare capital

Capital surplus

16,354

4,089

Retainedearnings

Treasury shares

Total
shareholders'equity(1,282)86,471

67,309(2,443)(2,443)

5,245

5,245

3

(0)

(0)

264

267

0

0

-

3

2,802

263

3,069

16,354

4,093

70,112(1,019)89,541

Accumulated other comprehensive income
Total
Valuation
Foreign currency Remeasurements accumulated Non-controlling Total net assets
difference oninterests
translationof defined
otheravailable-for-saleadjustment
benefit plans comprehensive
securities
incomeBalance at beginningof period
Changes during
periodDividends ofsurplusProfit (loss)
attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesPurchase of sharesof consolidated
subsidiaries
Net changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
period

6,087

11

(80)

6,018

574

93,064(2,443)
5,245
(0)
267
0
(803)

258

233

(311)

197

(113)

(803)

258

233

(311)

197

2,956

5,284

269

153

5,707

771

96,020TOKYU CONSTRUCTION CO.,LTD.

Consolidated Statements of Cash Flows(Millions of yen)
For the fiscal year
ended March 31, 2022
Cash flows from operating activities
Profit (loss) before income taxes
Depreciation
Impairment losses
Amortization of goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for warranties forcompleted construction
Increase (decrease) in provision for loss on
construction contracts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for loss on real estatebusiness and other
Increase in defined benefit asset or liability
Interest and dividend income
Interest expenses
Share of loss (profit) of entities accounted for using
equity method
Loss (gain) on sale of investment securities
Loss (gain) on valuation of investment securities
Provision of allowance for loss on sales of shares ofsubsidiaries and associates
Loss (gain) on sale of shares of subsidiaries andassociates
Loss on retirement of non-current assets
Loss (gain) on sale of non-current assets
Decrease (increase) in trade receivables
Decrease (increase) in costs on construction contracts
in progress
Decrease (increase) in inventories
Decrease (increase) in accounts receivable - other
Decrease (increase) in advances paid
Increase (decrease) in trade payables
Increase (decrease) in accounts payable - other
Increase (decrease) in advances received on
construction contracts in progress
Increase (decrease) in deposits received
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Income taxes refund
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment andintangible assets
Proceeds from sale of property, plant and equipment
and intangible assets
Purchase of investment securities
Proceeds from sale of investment securities
Proceeds from sale of shares of subsidiaries resulting
in change in scope of consolidation
Other, net
Net cash provided by (used in) investing activities

For the fiscal year
ended March 31, 2023

(4,864)
1,338
21
40
30

7,711
1,203
47
45
6

1,875

1,377

6,973

1,564

245

555

939

(256)

(2)
(194)
168

(149)
(187)
140

(827)

(240)

49
39

(2,738)
-

105

-

-

24

40
(418)
(21,742)11
2,412

11,007

(676)

5
(94)
1,536
11,213
(294)

2,741
3,771
(1,071)
2,662
1,849

1,170

2,181

1,706
912
10,981
635
(170)
(855)
1,610
12,201(1,192)986
22,779481(149)(2,718)20,392(1,958)

(665)

2,150

-

(766)
81

(763)
3,721

-

84

16
(476)

21
2,398

TOKYU CONSTRUCTION CO.,LTD.

(Millions of yen)
For the fiscal year
ended March 31, 2022
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Net decrease (increase) in treasury shares
Dividends paid
Repayments of lease liabilities
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

For the fiscal year
ended March 31, 2023

(5,106)
936
(152)
61
(3,142)(99)(28)(7,531)

(14)
(446)
267
(2,443)(66)(59)(2,762)

280

37

4,474
34,17338,64820,066
38,64858,714

TOKYU CONSTRUCTION CO.,LTD.

Non-consolidated Financial Statements
Non-consolidated Balance Sheets(Millions of yen)
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable from completed construction
contracts
Accounts receivable - real estate business
Securities
Costs on construction contracts in progress
Costs on real estate business
Real estate for sale
Raw materials and supplies
Prepaid expenses
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Structures
Accumulated depreciation
Structures, net
Machinery and equipment
Accumulated depreciation
Machinery and equipment, net
VehiclesAccumulated depreciation
Vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Land
Leased assets
Accumulated depreciation
Leased assets, net
Total property, plant and equipment
Intangible assets
SoftwareLeased assets
Other
Total intangible assets

As of March 31, 2023

32,354
1,381

52,457287

108,787

102,744

141
6,382
2
3,801
18
387
8,175
(99)
161,333

99
1
7,323
1,018
21
19
403
6,414
(70)
170,719

10,929(3,093)
7,835
220
(182)
37
1,295
(1,075)
219
70
(65)
5
2,206
(1,961)
244
20,535
253
(152)
101
28,98010,439(3,461)
6,978
239
(186)
52
1,253
(1,088)
165
54
(49)
4
2,185
(1,959)226
19,231
226(74)
152
26,812

874
32
90
996

983
24
90
1,097

TOKYU CONSTRUCTION CO.,LTD.

(Millions of yen)
As of March 31, 2022
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Investments in other securities of subsidiaries
and associates
Long-term loans receivable from employees
Long-term loans receivable from subsidiaries
and associates
Long-term prepaid expenses
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes payable - trade
Electronically recorded obligations - operating
Accounts payable for construction contracts
Accounts payable - real estate business
Short-term borrowings
Lease liabilities
Accounts payable - otherAccrued expenses
Income taxes payable
Advances received on construction contracts inprogress
Deposits received - real estate business
Deposits received
Unearned revenue
Provision for warranties for completed
construction
Provision for loss on construction contracts
Provision for bonuses
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Provision for retirement benefits
Provision for share awards for directors (and otherofficers)
Provision for loss on real estate business and other
Provision for loss on business of subsidiaries andassociates
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities

As of March 31, 2023

16,983
4,242

14,875
3,736

586

828

11

6

564

849

22
1,014
2,282
(456)
25,25055,227
216,561

12
2,377
2,265
(621)
24,32952,239222,959

2,461
14,27642,733
95
51
1,074
381
1,459

2,429
21,32436,51420
20,000
58
2,928
481
1,576

13,542

16,543

16,61154

215,148
50

6,625

7,106

8,772
1,927
110,067

9,473
2,498
136,157

20,905
94
200

658
135
413

46

27

5,139

4,883

-

181

177
1,044
27,607
137,674

181
759
7,241
143,398

TOKYU CONSTRUCTION CO.,LTD.

(Millions of yen)
As of March 31, 2022
Net assets
Shareholders' equity
Share capital
Capital surplus
Legal capital surplus
Other capital surplus
Total capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Reserve for tax purpose reduction topromote open innovation
Retained earnings brought forward
Total retained earnings
Treasury shares
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-salesecurities
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

As of March 31, 2023

16,354

16,354

3,893
189
4,083

3,893
193
4,087

194

194

-

74

54,06754,262(1,282)73,41855,37655,645(1,019)75,068

5,468

4,492

5,468
78,886
216,561

4,492
79,560222,959

TOKYU CONSTRUCTION CO.,LTD.

Non-consolidated Statements of Income(Millions of yen)
For the fiscal year
ended March 31, 2022
Net sales
Net sales of completed construction contracts
Net sales in real estate business and otherTotal net sales
Cost of sales
Cost of sales of completed construction contracts
Cost of sales in real estate business and otherTotal cost of sales
Gross profit
Gross profit on completed construction contracts
Gross profit (loss) on real estate business and otherTotal gross profit
Selling, general and administrative expenses
Remuneration for directors (and other officers)
Employees' salaries and allowances
Provision for bonuses
Retirement payments
Retirement benefit expenses
Legal welfare expenses
Welfare expenses
Repair and maintenance expenses
Stationery expenses
Communication and transportation expenses
Power utilities expenses
Research study expenses
Advertising expenses
Provision of allowance for doubtful accounts
Entertainment expenses
Donations
Rent expenses on land and buildings
Depreciation
Taxes and dues
Insurance expenses
Miscellaneous expenses
Total selling, general and administrative expenses
Operating profit (loss)

For the fiscal year
ended March 31, 2023

241,294
1,731
243,025

252,377
9,151
261,529

231,692
3,224
234,916

235,148
6,317
241,465

9,601(1,492)
8,108

17,2292,833
20,063

232
5,095
574
34
302
970
310
36
614
414
19
1,092
93
30
170
24
926
373
522
20
3,126
14,984(6,875)

188
5,328
748
16
313
999
326
40
712
521
23
1,028
101
(14)
251
41
965
318
593
26
3,135
15,665
4,398

TOKYU CONSTRUCTION CO.,LTD.

(Millions of yen)
For the fiscal year
ended March 31, 2022
Non-operating income
Interest income
Interest on securities
Dividend income
Gain on sale of investment securities
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Loss on investments in investment partnerships
Other
Total non-operating expenses
Ordinary profit (loss)
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on sale of investment securities
Loss on valuation of investment securities
Loss on valuation of securities of subsidiaries andaffiliates
Provision of allowance for doubtful accounts
Provision for loss on business of subsidiaries andassociates
Impairment losses
Total extraordinary losses
Profit (loss) before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit (loss)

For the fiscal year
ended March 31, 2023

13
0
613
6
252
80
966

21
0
464
94
581

150
24
230
405
(6,314)

135
62
166
187
552
4,426

418
418

2,738
2,738

37
49
136

490

-

648

-

621

-

181

19
243
(6,138)
1,912
(556)
1,356
(7,494)

47
1,989
5,175
2,358
(1,008)
1,349
3,825

TOKYU CONSTRUCTION CO.,LTD.

Non-consolidated Statements of Changes in Equity
For the fiscal year ended March 31, 2022
(Millions of yen)
Valuationandtranslation
adjustments

Shareholders' equity
Capital surplus

Balance at beginningof period
Changes during
periodDividends ofsurplusProfit (loss)
Purchase of treasury
shares
Disposal of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
periodSharecapitalLegalcapitalsurplus

Othercapitalsurplus16,354

3,893-

Retained earnings
Total net
Other
Valuationassetsretained
Total
Legal earnings Treasury shareholders' difference on
available-for-saleretained Retained shares
equitysecurities
earnings earnings
brought
forward194

64,705(1,154)

83,9936,448

90,442(3,142)(3,142)(3,142)(7,494)(7,494)(7,494)

(937)

(937)

(937)

809

999

999

189

(980)

(980)

-

-

189

-

(10,637)(127)(10,575)(980) (11,555)

16,354

3,893

189

194

54,067(1,282)73,4185,468

78,886

TOKYU CONSTRUCTION CO.,LTD.

For the fiscal year ended March 31, 2023
(Millions of yen)
Valuationandtranslation
adjustments

Shareholders' equity
Capital surplus

Balance at beginningof period
Changes during
periodDividends ofsurplus
Provision of reserve
for reserve for tax
purpose reduction
to promote open
innovation
Profit (loss)
Purchase of treasury
shares
Disposal of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
periodSharecapitalLegalcapitalsurplus

Othercapitalsurplus16,354

3,893

189

Retained earnings
Other retained
earnings
Total net
Valuation
ReserveassetsTotal
difference
for tax
TreasuryLegalonpurpose Retained shares shareholders'retained
equity available-for-sale
reduction earnings
earnings
securities
tobrought
promote forward
open
innovation
194

-

74

54,067(1,282)73,4185,468

78,886(2,443)(2,443)(2,443)

(74)

-

-

3,825

3,825

3,825

(0)

(0)

(0)

264

267

267

3

(976)

(976)

-

-

3

-

74

1,308

263

1,649

(976)

673

16,354

3,893

193

194

74

55,376(1,019)75,068

4,492

79,560