Kawada Technologies, Inc.(3443)

Financial Summary for FY2021-2Q(April 1, 2021 through September 30, 2021)
November 10, 2021
English translation from the original Japanese-language document
All financial information has been prepared in accordance with Japanese GAAP

Table of Contents

INDEX

1. Results for FY2021-2Q
2. Forecasts for FY2021
3. Results and Forecasts in Business Segments
3-1．Steel Construction
3-2．Civil Engineering
3-3．Architecture
3-4．Solution
3-5．OtherImportant Reminder
As of the beginning of the April 1, 2021, “Accounting Standardfor Revenue Recognition (ABSJ Statement No.29)” has been
newly implemented.
Please be noticed that the numbers of FY2020 would be shownas they were, WITHOUT retrospective adjustments in thefollowing presentation.

Results for FY2021-2Q
FY2020-2Q

全体OverallMillion yen

FY2021-2Q
Million yen

Change% Change

Sales Revenues

56,06752,781▲3,285▲5.9%

Costs of Products
Sold52,604

43,259▲9,345▲17.8%

Gross Income

3,462

9,521

6,059

175.0%

Selling, General and
AdministrativeExpenses

4,802

5,107304

6.3%

Operating Income▲1,340

4,414

5,755

Ordinary income

534

4,817

4,283

802.1%Net Income(Attributable toOwners of Parent)

833

3,341

2,507

301.0%-Results for FY2021-2Q:

Newly-Received Orders and Orders Carried Forward
FY2020-2Q

全体
Overall

Million yen

NewlyReceivedOrdersOrders
CarriedForward

FY2021-2Q
Million yen

Change% change

57,36652,381▲4,985▲8.7%

133,750

130,904▲2,846▲2.1%*Internal Sales between business segments are NOT adjusted.

Forecasts for FY2021
FY2021(Forecast)

全体
Overall

Million yen% change

140,000

101,000 ▲12.6%

120,000

Costs ofProducts Sold

86,500 ▲13.6%

100,000

Gross Income14,500▲6.1%

Selling, General and
Administrative
Expenses

10,500

6.3%

40,000Operating Income

4,000 ▲28.1%

20,000Ordinary Income

4,300 ▲46.6%

0Net Income(Attributable toOwners of Parent)

2,700 ▲57.4%

Sales Revenues

80,00014,000127,048

115,545
101,000

6,449

60,00012,00010,000
8,000

6,340

6,000
2,700

4,000
2,000

FY2019FY2020

Sales Revenues

FY2021(Forecast)
Net Income0

Forecasts for FY2021:

Newly-Received Orders and Orders Carried Forward
FY2021 (Forecast)

全体
OverallMillion yen

NewlyReceived
OrdersOrders
CarriedForward% Change

150,000

134,693134,009122,691

118,978

94,000 ▲21.0%

106,384
94,000100,000

122,691▲8.9%
50,000*Internal Sales between businesssegments are NOT adjusted.
0FY2019
Newly-Received Orders

FY2020

FY2021(Forecast)

Orders Carried Forward

Steel Construction Segment

Results for FY2021-2Q:

Newly-Received Orders

鉄構
鉄構セグメント

Steel Construction
Segment

FY2020-2Q
Million yen

NewlyReceived
Orders30,850

FY2021-2Q
Million yen

26,973*Internal Sales between business segments are NOT adjusted.

Change% Change▲3,876▲12.6%

Results for FY2021-2Q:

Sales Revenues and Operating Income鉄構
鉄構

セグメント

Steel Construction
Segment

FY2020-2Q
Million yen

SalesRevenues
OperatingIncome

FY2021-2Q
Million yen

Change% Change

28,66523,998▲4,666▲16.3%▲1,7612,433

4,195

-

*Internal Sales between business segments are NOT adjusted.

Forecasts for FY2021:

Newly-Received Orders

鉄構
鉄構

セグメント

Steel Construction
Segment

FY2020Million yen

NewlyReceived
Orders65,193

FY2021 (Forecast)Million yen

Change44,500 ▲20,693*Internal Sales between business segments are NOT adjusted.

% Change▲31.7%

Forecasts for FY2021:

Sales Revenues and Operating Income

鉄構鉄構セグメント

Steel Construction
Segment

FY2020Million yen

SalesRevenues
OperatingIncome

FY2021 (Forecast)Million yen

Change% Change

61,28749,700 ▲11,587▲18.9%

4,406

3,800▲606▲13.8%*Internal Sales between business segments are NOT adjusted.

Civil Engineering Segment

Results for FY2021-2Q:

Newly-Received Orders

土木
Civil EngineeringSegment

FY2020-2Q
Million yen

NewlyReceivedOrders

17,032

FY2021-2Q
Million yen

15,523*Internal Sales between business segments are NOT adjusted.

Change▲1,508% Change▲8.9%

Results for FY2021-2Q:

Sales Revenues and Operating Income
FY2020-2Q

土木
Civil Engineering
Segment

Million yen

SalesRevenues
OperatingIncome

FY2021-2Q
Million yen

Change% Change

18,75417,803

▲951

▲5.1%

1,5442,499955

61.9%*Internal Sales between business segments are NOT adjusted.

Forecasts for FY2021:

Newly-Received Orders

土木
Civil Engineering
Segment

FY2020Million yen

NewlyReceived
Orders31,315

FY2021 (Forecast)Million yen

31,000*Internal Sales between business segments are NOT adjusted.

Change▲315% Change▲1.0%Forecasts for FY2021:

Sales Revenues and Operating Income
FY2020土木
Civil EngineeringSegment

Million yen

SalesRevenues
OperatingIncome

FY2021 (Forecast)Million yen

Change% Change

34,62532,000▲2,625▲7.6%

2,5242,250▲274▲10.9%*Internal Sales between business segments are NOT adjusted.

Architecture Segment

Results for FY2021-2Q:

Newly-Received Orders

建築Architecture
Segment

FY2020-2Q
Million yen

NewlyReceived
Orders3,575

FY2021-2Q
Million yen

3,292*Internal Sales between business segments are NOT adjusted.

Change▲283% Change▲7.9%

Results for FY2021-2Q:

Sales Revenues and Operating Income
FY2020-2Q

建築ArchitectureSegment

Million yen

Sales
Revenues
OperatingIncome

FY2021-2Q
Million yen

Change% Change

5,289

6,002712

13.5%

477414▲62▲13.2%*Internal Sales between business segments are NOT adjusted.

Forecasts for FY2021:

Newly-Received Orders

建築
Architecture
Segment

FY2020Million yen

NewlyReceived
Orders

10,390

FY2021 (Forecast)Million yen

6,000*Internal Sales between business segments are NOT adjusted.

Change% Change▲4,390▲42.3%

Forecasts for FY2021:

Sales Revenues and Operating Income
FY2020建築
Architecture
Segment

Million yen

SalesRevenues
OperatingIncome

FY2021 (Forecast)Million yen

Change% Change

10,6479,500▲1,147▲10.8%

648350▲298▲46.0%*Internal Sales between business segments are NOT adjusted.

Solution Segment*Newly-disclosed segment as of FY2021-1Q, its components included in Other segment before

Results for FY2021-2Q:

Newly-Received Orders
ソリューション
Solution Segment

FY2020-2Q
Million yen

NewlyReceived
Orders2,418

FY2021-2Q
Million yen

3,266*Internal Sales between business segments are NOT adjusted.

Change847% Change

35.0%

Results for FY2021-2Q:

Sales Revenues and Operating Income
ソリューション
Solution Segment

FY2020-2Q
Million yen

Sales
Revenues
Operating
IncomeFY2021-2Q
Million yen

Change% Change

1,679

2,47179247.2%▲128446574-*Internal Sales between business segments are NOT adjusted.

Forecasts for FY2021:

Newly-Received Orders
ソリューション
Solution Segment

FY2020Million yen

NewlyReceived
Orders5,119

FY2021 (Forecast)Million yen

5,700Change581% Change

11.4%

Forecasts for FY2021-2Q:

Sales Revenues and Operating Income
ソリューション
Solution Segment

FY2020-2Q
Million yen

Sales
Revenues
OperatingIncome

FY2021-2Q (Forecast)Million yen

Change% Change

4,760

5,2004409.2%749650▲99▲13.2%*Internal Sales between business segments are NOT adjusted.

Other Segment

Results for FY2021-2Q:

Newly-Received Orders

その他
Other Segment

FY2020-2Q
Million yen

NewlyReceivedOrders

3,489

FY2021-2Q
Million yen

3,325*Internal Sales between business segments are NOT adjusted.

Change▲163% Change▲4.7%

Results for FY2021-2Q:

Sales Revenues and Operating Income
FY2020-2Q

その他
Other Segment

Million yen

SalesReveues
OperatingIncome

FY2021-2Q
Million yen

Change% Change

3,236

3,393156▲217▲2151*Internal Sales between business segments are NOT adjusted.

4.9%-Forecasts for FY2021:

Newly-Received Orders
FY2020その他
Other Segment

Million yen

NewlyReceived
Orders6,959

FY2021 (Forecast)Million yen

6,800*Internal Sales between business segments are NOT adjusted.

Change▲159% Change▲2.3%

Forecasts for FY2021:

Sales Revenues and Operating Income
FY2020その他
Other Segment

Million yen

Sales
Revenues
OperatingIncome

FY2021 (Forecast)Millon yen

Change6,973

7,100127

▲317

▲550

▲233

*Internal Sales between business segments are NOT adjusted.

% Change

1.8%-The information in this document is based on assumption in light of information available as of thedate of announcement of this material, and the factors of uncertainty that may possibly impact thefuture results of operations. These forward-looking statements involve risks, uncertainties and otherfactors that may cause actual results and achievements to differ from those anticipated in thesestatements.

- contact ir.kti@kawada.jp