Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

Abridged Translation:
The report is not audited and this translation is an abridged version prepared based on the statutory format in Japan for reference
purpose only. If there is any discrepancy between this translation and the original Japanese version, the Japanese shall prevail.

Consolidated Financial Resultsfor Three Months Ended June 30, 2023
August 2, 2023
Company name
Stock code
Representative
Inquiries: CHIYODA CORPORATION
Listing : Tokyo Stock Exchange: 6366
URL : http://www.chiyodacorp.com/en/: Masakazu Sakakida, Chairman of the Board, President& CEO: Takatsugu Ukai, General Manager, Accounting Department, TEL +81-45-225-7777

Scheduled date to file Quarterly Report:
Dividend payable date:
Quarterly Supplementary Explanation Material:
Quarterly Financial Results Presentation:

August 10, 2023

－
Yes
Yes
(Millions of yen with fractional amounts discarded, unless otherwise noted)

1. Consolidated operating results for three months ended June 30, 2023
(April 1, 2023 to June 30, 2023)(1) Consolidated operating results(Percentages indicate year-on-year changes)

Net sales
For three months ended
June 30, 2023
For three months ended
June 30, 2022
Note: Comprehensive income

Operating income

Profit attributable toowners of parent

Ordinary income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

129,392

70.8

5,099

35.3

6,464

83.3

4,884

123.0

75,741

(5.9)

3,769

7.5

3,526

(0.3)

2,190

－

: three months ended June 30, 2023
: three months ended June 30, 2022

: 9,415 million yen / (134.5%): 4,015 million yen / (－%)

Net income Fully diluted net
per share income per share
For three months ended
June 30, 2023
For three months ended
June 30, 2022

Yen

Yen

16.84

4.88

6.43

2.23

(2) Consolidated financial position
Total assets
Millions of yen

As of June 30, 2023
As of March 31, 2023
Reference: Equity

Net assets

Equity ratio

Millions of yen%

402,742
31,678406,588
22,310: as of June 30, 2023 : 31,558 million yen: as of March 31, 2023 : 22,180 million yen

7.8
5.5

2. Dividends
Cash dividends per share
Record dateFiscal year ended
March 31, 2023
Fiscal year ending
March 31, 2024
Fiscal year ending
March 31, 2024 (Forecast)First quarter

Second quarter

Third quarter

Fiscal year-end

Annual

Yen

Yen

Yen

Yen

Yen

－

－

－

0.00

0.00

－

－

－

－

－

Note: No forecast has been made about the year-end dividends for the fiscal year ending March 31, 2024 at this time.
Note: The table shows dividends status of common stock. For dividends status of class A shares (unlisted), please refer to‘Dividend Status of Class A Shares’ as referred to hereinafter.

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

3. Consolidated forecasts for the fiscal year ending March 31, 2024 (April 1, 2023 to March 31, 2024)(Percentages indicate year-on-year changes)

Net sales
Millions of yen

Operating income%

Millions of yen

Profit attributable toowners of parent

Ordinary income%

Fiscal year ending
450,000
4.6
20,000 10.4
March 31, 2024
Note: Revision to the latest forecast announcement 2023: None

Net income
per share

Millions of yen%

Millions of yen%

Yen

20,000(1.6)

15,000

(1.2)

49.81

4. Notes(1) Changes in significant subsidiaries during the period (Changes in specified subsidiaries causing changes
in scope of consolidation): None
(2) Changes in accounting policies and accounting estimates / restatements
a. Changes in accounting policies due to revisions of accounting standards, etc.
b. Changes in accounting policies other than a. abovec. Changes in accounting estimates
d. Restatements: None: None: None: None(3) Number of shares issued (Common stock)
(a)

(b)
(c)

#
#

Number of shares issued at theend of the period (including
treasury stock)
Number of treasury stock at theend of the period
Average number of shares during
the period

As of June 30,
2023

260,324,529 sharesYear ended
March 31, 2023

260,324,529 shares

As of June 30,
2023
For three months
ended June 30,2023

1,328,073 sharesYear ended
March 31, 2023
For threemonths ended
June 30, 2022

1,353,124 shares

258,979,702 shares

258,966,613 sharesThis earnings release is not subject to audit procedures by certified public accountant nor audit corporation.
Proper use of earnings forecasts, and other special directions
The forward-looking statements, including earnings forecasts, contained in these materials are based on information
currently available to the Company and on certain assumptions deemed to be reasonable. Actual business and otherresults may differ substantially due to a number of factors. Please refer to ‘(3) Outlook in 1. Qualitative Information
Related to Consolidated Performance’ for earnings forecasts conditions and notes on the use of earnings forecasts.

Dividend Status of Class A SharesClass A Share
Record date

First quarter
Yen

Cash dividends per share
Second quarter
Third quarter
Fiscal year-end
Yen
Yen
Yen

AnnualYen
Fiscal year ended
－
－
－
0.00
0.00
March 31, 2023
Fiscal year ending－
March 31, 2024
Fiscal year ending－－－－
March 31, 2024 (Forecast)
Note: No forecast has been made about the year-end dividends for the fiscal year ending March 31, 2024 at this time.

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

Table of Contents for the appendices
1.

2.

3.

Qualitative Information Related to Consolidated Performance ................................................... 2(1)

Qualitative Information on Business Performance .............................................................. 2(2)

Financial Information on Business Performance ................................................................. 5(3)

Consolidated Financial Forecasts of the Fiscal Year........................................................... 5

Consolidated Quarterly Financial Statements ............................................................................ 6(1)

Consolidated Balance Sheets ............................................................................................. 6(2)

Consolidated Statement of Income and Comprehensive Income ........................................ 8(3)

Notes ................................................................................................................................ 10

Contracts and Sales ................................................................................................................ 111

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

1. Qualitative Information Related to Consolidated Performance(1) Qualitative Information on Business Performance
While the global economic recovery continues, the risk of volatility remains in the first quarter of the fiscal
year due to the prolonged geopolitical crisis in Ukraine.
Under these conditions and considering the business environment in which we operate, balancing theaccelerating global transition to carbon neutrality and decarbonization in response to climate change, while
ensuring a stable supply of energy has become a new challenge.
Based on the Chiyoda group’s five (5) year medium-term management plan ‘Revitalization for the Future’,
our risk management structure and engineering, procurement and construction (EPC) project management
has strengthened to expand our stable profit-making base.
We continue to transform our business portfolio by advancing our existing businesses, based mainly on
liquefied natural gas (LNG) due to its increasing importance as a resource for a stable supply of energy
during the global energy transition, and strengthening new businesses in growth fields such as renewableenergy, hydrogen, carbon cycling, energy management and life sciences.
This is the final year of the plan and by advancing our existing businesses while strengthening new ones,
we aim to achieve sustainable growth and further enhance enterprise value by rejuvenating our businessportfolio, transforming our income base and creating ‘new engineering value’.
On a consolidated basis, for the first quarter of the fiscal year ending March 31, 2024, New Orders amounted
to JPY 34,448 million (up 67.2% YoY), Revenue amounted to JPY 129,392 million (up 70.8% YoY) and theOrder Backlog amounted to JPY 1,128,585 million (down 1.8% from last FY). Operating Profit is JPY 5,099
million (up 35.3% YoY) and Ordinary Profit is JPY 6,464 million (up 83.3% YoY). A recording of Income
Taxes resulted in a Profit Attributable to the Owners of the Parent of JPY 4,884 million (up 123.0% YoY).
Further deterioration or a prolonging of the geopolitical crisis in the Ukraine could adversely affect theGroup’s business performance and we will continue to monitor and address any effects on current projects.
The figures provided for ongoing projects in the first quarter of this fiscal year have been estimated following
reasonable assessments of applicable impacts. Revenue and Cost of Completed Work reflect total
construction cost and assessments in the calculation of construction progress.
Further information regarding reportable engineering business segments is presented below.
 Energy
LNG / Gas
【Overseas】
The Group is executing the EPC of LNG plants in Qatar, the USA and Indonesia. In Qatar, the EPC phasefor the North Field East (NFE) project, an expansion of four LNG trains with capacities of eight million metrictons per annum each is ongoing, and construction is progressing. In the USA, the Golden Pass LNG projectis also in the EPC phase and construction is progressing. In Indonesia, construction of the third train of theTangghu LNG Expansion project is progressing towards completion. In the gas field, the Group has been
engaged in engineering design for renovation work of LNG/gas processing plants in Qatar.
【Japan】
We are in the EPC phase of projects to reinforce, modify and repair existing LNG terminals, previously
constructed by the Group.
Refinery/Petrochemical
In Japan, we are working on upgrading oil refinery facilities and examining measures for energy saving andcarbon neutrality for oil companies. The Group deploys operation and maintenance (O&M) business for
operation optimization, efficient facility maintenance and O&M digital transformation (DX) promotion by

2

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

combining our expertize of advance analysis technologies such as 3D fluid analysis, dynamic simulation,
structure analysis and earthquake resistance technology, and the latest digital technology for oil refineries
and petrochemical compounds. In addition, in the petrochemical field, we are executing the EPC phase of
a new functional materials project.
 Environment
Pharmaceutical/Biochemistry/General Chemistry
EPC is ongoing on pharmaceutical substance manufacturing plants, including a biopharmaceuticalsubstance manufacturing plant for a pharmaceutical company.
The Group invested in Pharmira Co. Ltd, a joint venture led by Shionogi Pharma Co. Ltd, and is applying its
innovative Continuous Manufacturing Technology in manufacturing active pharmaceutical ingredients andintermediates. After being selected by the New Energy and Industrial Technology Development
Organization (NEDO) following an open call for proposals, we are collaborating with industry and academia
on a ‘Technology Development for Large-scale Production of Highly Modified Recombinant Proteins in
Plants’ research and development project.
In general chemistry field, the Group works for order intake of high functional products manufacturing plants.
Environment/New Energy/Infrastructure/Advanced Materials【Environment】
We are installing flue gas desulfurization (FGD) equipment in coal-fired power plants in India in response totightening environmental regulations, and the Group’s thoroughbred 121 (CT-121) FGD process has been
installed in a number of plants.
【New Energy】
The Group is executing the EPC phase for Japan’s largest biomass power plant using wood pellets as fuel.
Miscellaneous offshore wind power generation activities are ongoing and we are reinforcing the utilizationof stored energy for efficient use of renewable energy while working on a territorially distributed energy
procurement system.
【Infrastructure】
The Group is in the construction phase of the EPC of a copper smelting plant in Indonesia, the world’s
largest single manufacturing line plant, and construction is progressing.
【Advanced Materials】
In the field of next-generation batteries, increasing safety, extending cruising distances and shortening
recharge durations are being realized and the Group is executing a recently awarded inorganic battery
material demonstration plant project. We are also executing the precedent work of EPC for a new advanced
materials plant in Japan.
Please refer to 3. ‘Contracts and Sales’ for further details of New Contracts, Net Sales and Contract Backlog,
by segment.
<<Decarbonization Business>>
The Group’s hydrogen business (hydrogen/ammonia), Carbon Capture and Storage (CCS)/ Carbon Captureand Utilization (CCU) business and energy management business are presented below.
Hydrogen/Ammonia
In the hydrogen field, the Group is participating in projects in Singapore and Europe to construct hydrogen
supply chains using our unique SPERA HydrogenTM technology.
In Singapore, conceptual design is ongoing with Sembcorp Industries, a leading integrated utilities firm andgovernment-affiliated conglomerate and Mitsubishi Corporation to realize a commercial scale cleanhydrogen supply chain in the city-state. The three parties have set a goal to start commercial hydrogen3

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

supply in 2026.
In Europe, the Group is participating in a hydrogen marine transportation project (LHyTS project) to exporthydrogen from Scotland to Rotterdam and is currently conducting feasibility studies.
In Japan, Chiyoda is a managing board member of the Japan Hydrogen Association and is engaged increating social implementation projects while providing government policy support. In April 2023, the Group
concluded a Memorandum of Understanding (MOU) with Chubu Electric Power Company and Hazer Group
Limited, an Australian technology development company, to produce hydrogen using the HAZER Process.
Detailed discussions regarding plans to develop carbon-free hydrogen and carbon-graphite production
facilities in the Chubu region have commenced.
In the ammonia field, the Group is leading a NEDO Green Innovation Fund initiative in a collaboration projectwith industry, government and academia to develop independent ammonia synthesis technologies to reduceammonia production costs. Also, the Group, jointly with JERA Co., Inc. and NIPPON SHOKUBAI CO., LTD.,
develops an ammonia cracking technology that is competitive compared to existing technologies under
NEDO’s technologies development program. The Group is conducting studies on ammonia receiving andhydrogen fuel supply facilities in Japan.
CCS/CCU
Carbon dioxide separation and recovery technology development for large-scale natural gas fired power
plant turbines using domestic solid sorbent material is ongoing, under a NEDO Green Innovation fundprogram. The Group signed an MOU with Pace CCS Limited, a global leader in the field of CO 2 capturing
technology and CCS system design, to collaborate in the field of CCS. We will deliver CCS projects frominitial feasibility studies and conceptual design through FEED and EPC.
In Southeast Asia, the Group has entered into a Joint Study Agreement with PT Pertamina (Persero), a
state-owned oil company in Indonesia, to develop carbon recycling technology. We signed an MOU with theElectricity Generation Authority of Thailand to jointly study the development of a clean hydrogen andammonia value chain in Thailand. The Group is therefore contributing to the transition to carbon neutrality
in both countries.
In the CCU field, the Group is realizing carbon recycling as part of a collaboration project with industry,
government and academia, researching and developing CO2 capture and utilization technology using CO2
as a raw material to produce para-xylene. We are collaborating with an American company, Blue Planet
Systems Corporation, and Mitsubishi Corporation to develop technology using the CO2 in exhaust gas in
the manufacture of aggregates as a raw material for concrete.
In the e-fuel field, the Group signed an MOU with a German company, INERATEC GmbH (INERATEC), tostrategically collaborate on e-fuel projects to accelerate decarbonization using their innovative Power-to-X
technology. We are also executing a newly awarded demonstration plant project for synthetic fuel production
from CO2 and hydrogen.
Energy Management
The Group commenced a twenty (20) year maintenance work for the world’s largest Battery Energy Storage
System (BESS) for North Hokkaido Wind Energy Transmission Corporation, completed construction in
March 2023 by the Group. Several new BESS projects are also progressing.
The Group is reinforcing its domestic virtual power plant (VPP) business in collaboration with a start-up
company.
<<Digital Transformation (DX) Business>>
The Group is accelerating company-wide digital transformation (DX) and, by pursuing the following three
initiatives, cultivating digital expertise as a DX foundation in the development of a digital culture:(a)
Project Execution DX
The Group is implementing Advanced Work Packaging (AWP) on ongoing large-scale projects to enhance

4Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

our EPC execution management capabilities. As part of PlantStream Inc, a joint venture with Arent Inc, weare developing and introducing an innovative space design system for plant owners and EPC contractors
around the world, enhancing the Group’s engineering capabilities.
(b)
Corporate Management DX
The Group is leveraging digital technologies to develop the remote working environment, improving resource
planning and management and deploying robotic process automation to improve administrative efficiency.
(c)
DX Business
The Group reorganized its plant operation and maintenance solution and digital transformation businessorganizational functions. We are deploying solution businesses to support the transformation of client
operation and maintenance activities. To strengthen the development and implementation solutions
provided to clients, the Group commenced collaboration with Japan Business Systems Inc. to build andprovide cloud services, targeting industrial facilities/plant industries. The Group also commenced
collaboration with Nakayama Hydrothermal Industry Co. Ltd. to develop a solution for the diagnosis ofrotating machinery by combining the Group-owned wireless vibration sensor with our solutions.
<<Others>>
Chiyoda X-ONE Engineering Corporation was established on 1 April 2023 and commenced business
operation this fiscal year.

(2) Financial Information on Business Performance(Assets)
Total Assets decreased by JPY 3,845 million from the end of the last fiscal year, with a decrease of
Costs on Construction Contracts in Progress of JPY 306 million, Current Assets – Other of JPY 22,028
million and others. Cash and Deposits increased by JPY 9,294 million, Notes Receivable, Accounts
Receivable from Completed Construction Contracts, and Contract Assets by JPY 6,554 million, andJointly Controlled Assets of Joint Venture by JPY 2,842 million.
(Liabilities)
Total liabilities decreased by JPY 13,213 million from the end of the last fiscal year, with a decrease ofContract Liabilities of JPY 7,900 million, Current Portion of Long-term Borrowings of JPY 5,033 million
and others.
(Net Assets)
Total Net Assets is JPY 31,678 million, with an increase of Retained Earnings by recording a Profit
Attributable to Owners of Parent and Accumulated Other Comprehensive Income by recording Deferred
Gains or Losses on Hedges.

(3) Consolidated Financial Forecasts of the Fiscal Year
There is no change from the consolidated financial forecasts for the fiscal year announced on May 9,
2023.

5

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

2. Consolidated Quarterly Financial Statements(1) Consolidated Balance Sheets(Millions of yen)
As of March 31, 2023
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivablefrom completed construction contracts,
and contract assets
Costs on construction contracts inprogress
Jointly controlled assets of joint venture
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

6

As of June 30, 2023

61,241

70,53635,034

41,58823,57023,264

161,643
103,108(1,639)382,958

164,485
81,080(1,604)379,349

4,575
5,041
1,126
10,743
4,748

4,442
5,017
1,332
10,792
4,522

6,442
167
139
1,405
(18)
8,137
23,629406,588

6,368
139
153
1,435
(18)
8,078
23,393402,742Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

(Millions of yen)
As of March 31, 2023
Liabilities
Current liabilities
Notes payable, accounts payable forconstruction contracts
Current portion of long-term borrowings
Income taxes payable
Contract liabilities
Provision for warranties for completed
construction
Provision for loss on construction
contracts
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Deferred tax liabilities
Provisions
Retirement benefit liability
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-forsale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit
plans
Total accumulated othercomprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

7

As of June 30, 2023

129,370130,075

5,490
2,046
163,347456
1,235
155,446

1,388

1,931

27,894

24,767

5,120
21,597356,256

1,516
25,595341,025

23,600
323
236
804
3,056
28,021
384,278

23,600
2,509
－
902
3,027
30,039371,064

15,014142
13,797(847)
28,10715,014142
18,682(837)
33,002

69

53

1,707
(7,587)

6,563(7,930)

(115)

(131)

(5,926)(1,444)129
22,310406,588119
31,678402,742Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

(2) Consolidated Statement of Income and Comprehensive Income(Consolidated Statement of Income)(Millions of yen)Three months ended
June 30, 2022

Net sales of completed construction contracts
Cost of sales of completed construction
contracts
Gross profit on completed construction
contracts
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted forusing equity method
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on liquidation of subsidiaries andassociates
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

8

Three months ended
June 30, 2023

75,741

129,392

69,214

120,963

6,526

8,428

2,756
3,769

3,329
5,099

153
10
36
201

2,127
756
49
2,933

215

173

142

61

34
52
444
3,526

1,300
33
1,568
6,464

－

45

72
72

－
45

18
18
3,580
1,297
87
1,384
2,195
5
2,190

－
－
6,510
1,538
49
1,587
4,922
37
4,884

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

(Consolidated Statement of Comprehensive
Income)(Millions of yen)Three months ended
June 30, 2022

ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans,
net of tax
Share of other comprehensive income ofentities accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests

9

Three months ended
June 30, 2023

2,195

4,922

(13)

(15)

5,040
(3,236)

4,855
(332)

(33)

(16)

62

1

1,819
4,015

4,493
9,415

3,997

9,367

18

48

Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

(3) Notes(Merger of Consolidated Subsidiary Companies)
At the Board of Directors meeting on December 27, 2022, it was decided that Chiyoda’s three consolidated
subsidiary companies, Chiyoda Kosho Co. Ltd, Chiyoda System Technologies Corporation and Chiyoda
TechnoAce Co. Ltd, would merge in an absorption-type merger. On April 1, 2023, three companies weremerged.
1.

Summary of Absorption-Type Merger(1) Name of the merged companies and their business
Surviving company
Business

Chiyoda Kosho Co. Ltd.
Energy, environment and maintenance

Merged company
Business

Chiyoda System Technologies Corporation
Electrical and instrumentation solutions

Merged company
Business

Chiyoda TechnoAce Co. Ltd.
Life science(2) Date of merger
April 1, 2023

(3) Name of the Surviving Company
CHIYODA X-ONE Engineering Corporation (Former Chiyoda Kosho Co. Ltd.)(4) Other information regarding the summary of merger
The merger took place to increase business efficiency by merging the three companies’ businessresources and commence business as a leading integrated engineering contractor, possessing thecomprehensive technologies required for the engineering, procurement and construction of industrial
plants and facilities and develop its maintenance engineering business, optimizing the technologicalcapabilities, experience and track record accumulated by the three companies.

10Chiyoda Corporation (6366)
Consolidated Financial Results for Three Months Ended June 30, 2023

3.

Contracts and Sales(Millions of yen)
Apr. 1, 2023 － Jun. 30, 2023

Apr. 1, 2022 － Jun. 30, 2022

1.

EngineeringNew
contracts,
ratio

Net sales,
ratio

Backlog ofcontracts,
ratio

New
contracts,
ratio

Net sales,
ratio

Backlog ofcontracts,
ratio

20,44675,585

1,367,674

34,320129,264

1,128,585

99.3%

99.8%

100.0%

99.6%

99.9%

100.0%

2,468

42,444

951,202

1,107

71,518795,173

12.0%

56.1%

69.6%

3.2%

55.3%

70.5%

127

1,053

2,081

863

287

5,743

0.6%

1.4%

0.2%

2.5%

0.2%

0.5%

ENERGY(1) LNG Plant(2) GasDevelopment/Processing/Receiving(3) Refinery/Petrochemical/Metal

6,773

5,765

29,168

7,109

6,496

26,368

32.9%

7.6%

2.1%

20.6%

5.0%

2.3%

ENVIRONMENT(4) Pharmaceutical/Biochemistry/

4,501

6,747

48,017

3,603

7,590

36,062

Chemical

21.8%

8.9%

3.5%

10.5%

5.9%

3.2%

(5) Environment/New

5,266

18,645334,215

20,66442,347

261,674

25.6%

24.6%

24.4%

60.0%

32.7%

23.2%

1,309

928

2,989

972

1,024

3,562

6.4%

1.2%

0.2%

2.8%

0.8%

0.3%

155

155

-

128

128

-

0.7%

0.2%

-

0.4%

0.1%

-

20,60275,741

1,367,674

34,448129,392

1,128,585

100.0%

100.0%

100.0%

100.0%

100.0%

100.0%

16,96816,186

100,700

29,721

16,367

102,912

82.4%

21.4%

7.4%

86.3%

12.6%

9.1%

3,633

59,554

1,266,974

4,726

113,025

1,025,673

Energy/Infrastructure(6) Others
2.

Other Business

Total

Domestic
Overseas

Note:

17.6%
78.6%
92.6%
13.7%
87.4%
90.9%
The backlog of contracts for the three months includes an increase / decrease due to changes in construction
contracts acquired in prior fiscal years, and an increase / decrease due to foreign exchange translation
adjustments.

11