Consolidated Financial Results
for the Three Months Ended September 30, 2023
[IFRS]
November 14, 2023

Company name: Integrated Design & Engineering Holdings Co., Ltd.
Stock exchange listing: Tokyo Stock Exchange
Code number: 9161
URL: https://www.id-and-e-hd.co.jp/english/
Representative: Hiroaki Shinya, Representative Executive President
Contact: Yasushi Hirusaki, Representative Executive Officer
Phone: +81-3-3238-8040
Scheduled date of filing quarterly securities report: November 14, 2023
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: None

(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended September 30, 2023 (from July 1, 2023 to September 30,
2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Loss
Revenue
Operating loss
Loss before tax
Lossattributable toowners of parent
Three Months ended Million yen%
Million yen% Million yen% Million yen% Million yen%
September 30, 2023
31,306
(562)
(265)
(360)
(335)
September 30, 2022
Basic loss
Diluted loss
per shareper share
Three Months ended
Yen
Yen
September 30, 2023
(22.24)(22.24)September 30, 2022
(Note) Comparative information is not disclosed since the company was established on July 3, 2023 through a sole-sharetransfer.
(2) Consolidated Financial Position

Ratio of equity
attributable toTotal assets
Total equity
owners of parent
to total assets
As ofMillion yen
Million yen
Million yen%
September 30, 2023
197,474
81,78078,94140.0
June 30, 2023
(Note) Comparative information is not disclosed since the company was established on July 3, 2023 through a sole-sharetransfer.
Equity attributableto owners ofparent

2. Dividends

Dividends per share
1st quarter-end 2nd quarter-end 3rd quarter-end

Year-end

Total

Yen
Yen
Yen
Yen
Yen
Fiscal year ended June 30, 2023
Fiscal year ending June 30, 2024
Fiscal year ending June 30, 2024 (Forecast)125.00125.00(Note) 1. Revision to the forecast for dividends announced most recently: None
2. Comparative information is not disclosed since the company was established on July 3, 2023 through a sole-sharetransfer.

1

3. Consolidated Financial Results Forecast for the Fiscal Year Ending June 30, 2024 (July 1, 2023 to June 30, 2024)(% indicates changes from the previous corresponding period.)
Profit attributable to
Basic earnings
Revenue
Operating profit
owners of parent
per share
Million yen%
Million yen%
Million yen%
Yen
Full year
156,000
11,1007,100470.98(Note) 1. Revision to the financial results forecast announced most recently: None
2. Comparative information is not disclosed since the company was established on July 3, 2023 through a sole-sharetransfer.
* Notes:(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes in scopeof consolidation): None
New companies: None
Excluded companies: None
(2) Changes in accounting policies and changes in accounting estimates
1) Changes in accounting policies required by IFRS: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
(3) Total number of issued shares (ordinary shares)
1) Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2023:
15,079,625 shares
As of June 30, 2023:
N/A
2) Total number of treasury shares at the end of the period
As of September 30, 2023:
234 shares
As of June 30, 2023:
N/A
3) Average number of shares during the period
Three Months Ended September 30, 2023:
15,074,997 shares
Three Months Ended September 30, 2022:
N/A
(Note) Comparative information is not disclosed since the company was established on July 3, 2023 through a sole-sharetransfer.
* These consolidated financial results are not subject to audit procedures by certified public accountants or the audit firm.
* Explanation of the proper use of financial results forecast and other notes
The earnings forecasts and other forward-looking statements disclosed herein are based on information available to theCompany as of the publication date of this document and it is not intended to guarantee the Company's future
performance. Actual results may significantly differ from the forecasts due to a wide range of factors.

2

Table of Contents of Attachment
1. Qualitative Information on Quarterly Financial Results ............................................................................................. 2(1) Explanation of Operating Results .......................................................................................................................... 2(2) Explanation of Financial Position .......................................................................................................................... 3(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Statements ....................... 4
2. Condensed Quarterly Consolidated Financial Statements and Primary Notes ............................................................ 5(1) Condensed Quarterly Consolidated Statement of Financial Position .................................................................... 5(2) Condensed Quarterly Consolidated Statements of Profit or Loss and Comprehensive Income ............................ 7(3) Condensed Quarterly Consolidated Statement of Changes in Equity.................................................................... 9(4) Condensed Quarterly Consolidated Statement of Cash Flows ............................................................................ 10(5) Primary Notes to Condensed Quarterly Consolidated Financial Statements ....................................................... 11(Notes on Going Concern Assumption) .............................................................................................................. 11(Significant Accounting Policies) ........................................................................................................................ 11(Notes on Significant Changes in Shareholders’ Equity) .................................................................................... 11(Segment Information) ........................................................................................................................................ 11(Significant Subsequent Events).......................................................................................................................... 12
3. Other Information ...................................................................................................................................................... 13(1) Status of Orders and Revenue.............................................................................................................................. 131

1.

Qualitative Information on Quarterly Financial Results
Integrated Design & Engineering Holdings Co., Ltd. (“the Company”) was established as the sole parent companyof Nippon Koei Co., Ltd. ("Nippon Koei") through a share transfer on July 3, 2023, and has newly prepared thecondensed consolidated quarterly financial statements from the first three months ended September 30, 2023. Since
there has been no substantial change in the scope of Nippon Koei’s consolidated group, Nippon Koei’s consolidated
results for the three months ended September 30, 2022 (July 1, 2022 to September 30, 2022) and as of June 30, 2023
have been used as comparative information. For comparison, the Company made an adjustment of reclassifying its
subsidiary El Koei Co., Ltd. from the Consulting business segment to the others.

(1) Explanation of Operating Results
During the three months ended September 30, 2023 (July 1, 2023 to September 30, 2023), the Japanese economy isrecovering moderately. In the future, a moderate recovery is expected to continue, partly due to the effects of various
policies, as the employment and income situation improves. However, the downside of the overseas economy, suchas the impact of global monetary tightening and concerns about the outlook for the Chinese economy, poses a risk ofundermining Japan's economy. In addition, due attention should be paid to the situation in the Middle East and theimpact by fluctuation in financial and capital markets among other factors.
With regard to the business environment surrounding the Company and its subsidiaries (together, the “Group”),
social and economic activities are normalizing in countries including Japan. On the other hand, however, there is anincreasing risk of uncertainty in the international situation such as the global energy crisis and food crisis triggered
by Russia’s invasion of Ukraine, a further rise in inflation and foreign exchange fluctuations and so on. In theConsulting Business, the domestic market is expected to continue to secure public works budgets for national
resilience, and the market is expected to expand especially in the field of large-scale disaster preventive measuresand preventive infrastructure maintenance. We also anticipate the expansion of the defense-related infrastructurebusiness. In the overseas market, the Japanese government strengthened the ODA budgets with “Infrastructure
System Overseas Promotion Strategy 2025” as an axis, and there is a need for restoration support in conflict-affected
and disaster-stricken areas. In addition, infrastructure development projects based on Public Private Partnership andprivate capital are growing. Meanwhile, we expect that inflation, foreign exchange fluctuations and the unstableinternational situation will continue. In the Urban & Spatial Development Business, the need for sustainable urban
restructuring, which attracts ESG investment, is increasing in Japan, Europe and the United States. Also, the need forthe urban development business including preparation and maintenance of transportation-related facilities andperipheral infrastructures is strong in developing countries. In the Energy Business, demand for updating the aging
existing equipment in Japan will likely be strong. However, it is necessary to agilely cope with policy changes dueto the rising global energy cost although the trend of shifting to renewable energy toward the target of carbon
neutrality in 2050 remains unchanged.
Under such a market environment, we have drawn up the medium-term management plan “Building Resilience2024” to implement three resilience policies, and positioned the period from July 2021 to June 2024, which is thefirst step of the “ID&E Global Strategy 2030,” as a transformation period to make the Group resilient.
As the first resilience policy, we reorganized the conventional five business operations into three domains(Consulting, Urban & Spatial Development, and Energy) to strengthen the business axis. As the second resilience
policy, we will aim to strengthen corporate governance by shifting to a pure holding company structure and to realize
matrix management (management in which each business mutually collaborates with each other in each region) by
establishing a regional management system. As the third resilience policy, we will strengthen technologicaldevelopment and human resource development toward the establishment of ID&E brand and ID&E quality. Also, wewill promote “well-being management” as a basis for that.
As a result, the Group ended the three months of the current fiscal year with orders received increased 19.8% year
on year to ¥38,152 million, mainly due to steady progress in the Urban & Spatial Development Business. The Energy
Business mainly yielded revenue steadily and increased 16.9% year on year to ¥31,306 million. Operating loss was¥562 million, while operating profit was ¥1,405 million in the same period of the previous fiscal year, mainly due to2

recording a gain of approximately ¥2.5 billion in the same period of the previous fiscal year from gain on sale ofshares of associates in the Energy Business, as well as a gain on investments in securities. Accordingly, loss
attributable to owners of parent amounted to ¥335 million (compared with a profit of ¥584 million in the same periodof the previous fiscal year).
Revenue for the three months ended September 30, 2023 was ¥31,306 million, an achievement rate of 20.1% against
the revenue forecast of ¥156,000 million for the current fiscal year (same period of previous fiscal year:18.5%). Thisis due to the fact that, as the Group's business structure, a large proportion of operations is progressing in the second
half of the fiscal year and there are seasonal fluctuations in the recording of revenue. On the other hand, because
expenses such as selling, general and administrative expenses are incurred almost equally throughout the year, bothconsolidated operating loss and loss attributable to owners of parent were recorded for the first three months ended
September 30, 2023.
Business results for each segment are as follows:[Consulting]In the Consulting Business, we made efforts, centering on Nippon Koei, to promote cross-sectional co-creation
projects such as those related to river basin flood control, climate change, SDGs, renewable energy, and multi-hazards,
develop the management business and expand the private sector, on top of working to increase shares in each of thebusiness fields.
As a result, orders received in businesses were strong both in Japan and overseas, increasing 17.7% year on year to¥19,734 million, and revenue increased 5.6% year on year to ¥15,594 million. Operating loss increased 35.0% year
on year to ¥504 million due to a change in the method of recording administrative expenses associated with thecompany split and an increase in related expense.
[Urban & Spatial Development]
In the Urban & Spatial Development Business, Nippon Koei Urban Space Co., Ltd. (“Nippon Koei Urban Space”)
worked to strengthen the production structure by securing staff and ensuring quality management, while BDP
Holdings Limited and its subsidiaries (“BDP”) strived to develop the U.K. market, collaborated with groupcompanies to develop the Asian market, and worked to expand operations in the North American market.
As a result, orders received increased 29.4% year on year to ¥15,267 million due to the strong performance of BDP.
Revenue increased 18.0% year on year to ¥9,111 million. Operating loss decreased 74.2% year on year to ¥40 million
due to higher sales.
[Energy]In the Energy Business, Nippon Koei (from October 2023 onward, Nippon Koei Energy Solutions Co., Ltd. as aresult of the company split) led the efforts to develop the energy management business such as storage batteries andaggregation on a full-scale basis, as well as the efforts to strengthen the structure of the existing energy-related
consulting and engineering business and stabilize the manufacturing business.
As a result, orders received decreased 3.3% year on year to ¥3,026 million due to a decrease in orders received in
the substation control systems-related business. Revenue increased 58.3% year on year to ¥6,317 million due tostrong performance in the power facility-related business such as large-scale storage battery projects and substation
emergency countermeasure construction work. Operating profit decreased 94.9% year on year to ¥117 million, in
reaction mainly to the recording of a gain on share sale of PT. Arkora Hydro, a former associated company of theGroup, and a gain on investments in securities in the same period of the previous fiscal year.
(2) Explanation of Financial Position
Total assets as of September 30, 2023, amounted to ¥197,474 million, an increase of ¥2,083 million from the endof the previous fiscal year. This was mainly due to a ¥6,380 million increase in contract assets.
3

Total liabilities were ¥115,694 million, an increase of ¥4,087 million from the end of the previous fiscal year. Thiswas mainly due to a ¥10,405 million increase in borrowings.
Total equity was ¥81,780 million, a decrease of ¥2,003 million from the end of the previous fiscal year. This was
mainly due to a ¥2,218 million decrease in retained earnings.
As a result, ratio of equity attributable to owners of parent to total assets decreased 1.4 percentage points from theend of the previous fiscal year to 40.0%.

(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Statements
The full-year forecasts remain unchanged from those announced on August 14, 2023 since the performance of theGroup for the first three months of the current fiscal year is generally progressing within the range of the forecast of
the Group at the beginning of the fiscal year in each segment.

4

2. Condensed Quarterly Consolidated Financial Statements and Primary Notes(1) Condensed Quarterly Consolidated Statement of Financial Position(Millions of yen)

AssetsCurrent assets
Cash and cash equivalents
Trade and other receivables
Contract assets
Other financial assets
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Right-of-use assets
Goodwill
Intangible assets
Investment property
Investments accounted for using equity method
Retirement benefit asset
Other financial assets
Deferred tax assets
Other non-current assets
Total non-current assets
Total assets

As of September 30, 2023
27,31225,852
38,527
3,012
6,020
100,725

52,639
9,934
7,340
7,537
5,195
1,892
3,096
5,242
3,248
621
96,749197,4745

(Millions of yen)

Liabilities and equity
Liabilities
Current liabilities
Borrowings
Lease liabilities
Trade and other payables
Contract liabilities
Other financial liabilities
Income taxes payable
Provisions
Other current liabilities
Total current liabilities
Non-current liabilities
Borrowings
Lease liabilities
Other financial liabilities
Retirement benefit liability
Provisions
Deferred tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
EquityShare capital
Capital surplus
Treasury shares
Other components of equity
Retained earnings
Total equity attributable to owners of parent
Non-controlling interests
Total equity
Total liabilities and equity

As of September 30, 2023
38,4702,770
10,374
11,033
3,054
371
872
14,52881,47518,036
7,579
683
3,575
109
4,101
133
34,218
115,694

7,522
6,510
(0)
6,720
58,18878,941
2,839
81,780
197,4746

(2) Condensed Quarterly Consolidated Statements of Profit or Loss and Comprehensive Income(Condensed Quarterly Consolidated Statement of Profit or Loss)(Millions of yen)

For the three months
ended September 30, 2023
(From July 1, 2023 to
September 30, 2023)

Revenue
Cost of sales
Gross profit
Selling, general and administrative expenses
Share of profit of investments accounted
for using equity method
Other income
Other expenses
Operating loss
Finance income
Finance costs
Loss before tax
Income tax expenseLoss

31,306(22,832)8,474(9,124)
52

262
(228)
(562)
502
(205)
(265)
(94)
(360)

Loss attributable to
Owners of parent
Non-controlling interests
Loss

(335)
(25)
(360)

Loss per share
Basic loss per share (Yen)
Diluted loss per share (Yen)(22.24)(22.24)7

(Condensed Quarterly Consolidated Statement of Comprehensive Income)(Millions of yen)

For the three months
ended September 30, 2023
(From July 1, 2023 to
September 30, 2023)

Loss

(360)

Other comprehensive income
Items that will not be reclassified to profit or loss
Equity financial assets measured at fair value throughother comprehensive income

Total of items that will not be reclassified to profit or loss

Items that may be reclassified to profit or loss
Cash flow hedges
Exchange differences on translation of foreign operations
Share of other comprehensive income of investments
accounted for using equity method
Total of items that may be reclassified to profit or loss
Other comprehensive income
Comprehensive income
Comprehensive income attributable to
Owners of parent
Non-controlling interests
Comprehensive income

154

154
1
77

10

89
243
(116)
(93)
(22)
(116)

8

(3) Condensed Quarterly Consolidated Statements of Changes in Equity
For the Three Months Ended September 30, 2023 (From July 1, 2023 to September 30, 2023)(Millions of yen)

Equity attributable to owners of parent

Other components of equity

Share capital
Balance as of July 1, 2023
Loss

Other comprehensive income

Total comprehensive income

Issuance of new shares

Changes in share transfer

Purchase of treasury shares
Dividends

Total transactions with owners

Balance as of September 30, 2023

Capital surplus

Treasury shares

7,517

6,470

-

-

-

-

-

-

22

(17)

17

-

-

-

5

7,522

(18)

-

85

1

154

-

-

-

-

-

-

22

85

-

-

-

-

(0)

6,124

(16)

39

(0)

-

Equity attributable to owners of parent

Other components of equity

Balance as of July 1, 2023
Loss

Other comprehensive income

Remeasurementsof defined benefit
plans
-

-

Total

6,478
-

-

241

Issuance of new shares--

Purchase of treasury shares-

Total comprehensive income

Changes in share transfer
Dividends

Total transactions with owners

Balance as of September 30, 2023

-

241

-

-

-

-

-

Retainedearnings

80,873

2,910

-

241

2

(335)
-

-

-

(335)
(93)
45
-

(0)

-

-

60,407

(335)

154

-

Non-controllinginterests

Total

-

1

-

(0)

457

-

-

-

6,510

Cash flow hedges

Equity financial
assets measured
at fair value
through othercomprehensive
income

6,039

-

-

Exchangedifferences ontranslation offoreign
operations

(25)
(22)
-

-

-

-

612

Total
83,784

(360)
243

(116)
45
-

(0)

-

(1,883)(1,883)(49)(1,932)

6,720

58,18878,941

2,839

81,780-9(1,883)(1,838)(49)(1,887)

(4) Condensed Quarterly Consolidated Statement of Cash Flows(Millions of yen)

Cash flows from operating activities
Loss before tax
Depreciation and amortization
Loss (gain) on financial assets measured at fair value throughprofit or loss
Interest and dividend income
Interest expenses
Share of loss (profit) of investments accounted for using
equity method
Loss (gain) on derivatives
Decrease (increase) in trade and other receivables
Decrease (increase) in contract assets
Increase (decrease) in trade and other payables
Increase (decrease) in contract liabilities
Increase (decrease) in consumption taxes payable
Increase (decrease) in deposits received
Increase (decrease) in accrued expenses
Increase (decrease) in accounts payable - bonuses
Increase (decrease) in provisions
Other
Sub total
Dividends received
Interest received
Proceeds from insurance income
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment and investment
property
Purchase of intangible assets
Other
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from short-term borrowings
Repayments of short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Repayments of lease liabilities
Dividends paid
Other
Net cash provided by (used in) financing activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Effect of exchange rate changes on cash and cash equivalents
Cash and cash equivalents at end of period

10

For the three months
ended September 30, 2023
(From July 1, 2023 to
September 30, 2023)

(265)
1,470
164

(114)
205
(52)

(218)
1,030
(6,368)(3,214)338(1,887)
(387)
206
1,770
(310)
(280)
(7,914)
82
83
9
(298)
(1,844)(9,881)(2,027)(70)(121)(2,219)139,502(130,024)
1,596
(791)
(836)
(1,908)(0)
7,537(4,564)
31,679198
27,312

(5) Primary Notes to Condensed Quarterly Consolidated Financial Statements(Notes on Going Concern Assumption)
There is no relevant information.

(Significant Accounting Policies)
The Group’s significant accounting policies are the same as the “Significant Accounting Policies” stated in the latest
securities report submitted by Nippon Koei on September 28, 2023, and there have been no material changes in thefirst three months ended September 30, 2023.
Income tax expense in the condensed consolidated financial statements is calculated based on the estimated annual
effective tax rate.

(Notes on Significant Changes in Shareholders’ Equity)
There is no relevant information.
(Segment Information)
1. Outline of reportable segments(1) Method of determination of reportable segments
Reportable segments of the Group are determined as segments whose separate financial information isaccessible from among the constituent units of the Group and are periodically used by the Company’s Board of
Directors to determine the allocation of management resources and to evaluate achievements.
The Group has main group companies by products and services under its umbrella. Each main group company
formulates a comprehensive strategy based on the products and services and engages in conducting businessactivities. In line with the above, the Group is composed of segments divided by products and services, witheach main group company serving as the foundation, and the three reportable segments are “Consulting”, “Urban& Spatial Development” and “Energy.”(2) Types of products and services by reportable segment
The “Consulting” engages in business within and outside Japan such as site surveying, planning,
evaluation/assessment, designing, and construction management. It operates in the fields such as rivers andwater resources, water and sewage, agricultural and rural development, dams and power generation,transportation (roads, railroads, ports and airports), urban and regional development, geology, disasterprevention, sand control, environment, information systems.
"Urban & Spatial Development” engages in the structuring, planning, design, and operation of urban and spatial
development business.
The “Energy” engages in manufacturing and sale of electric power equipment and control devices, planning,
design, construction and construction management of mechanical, electrical and communication facilities aswell as the energy management business utilizing distributed energy resources.
2. Information about reportable segments
The internal intersegment revenue or transfers are based on the transaction price determined after pricenegotiations taking into consideration the market price.

11

For the three months ended September 30, 2023 (from July 1, 2023 to September 30, 2023)

Urban & Spatial
Development

Consulting

Revenue

Revenue from external customers

Intersegment revenue and transfers
Segment profit (loss)

Total

9,111

6,317

31,023

15,625

9,240

6,397

31,264

129(504)

Finance income

Energy15,59431

Total(Millions of yen)

Reportable Segments

80

(40)

117

240

(427)

Finance costs

Loss before tax
Others(Note1)

Revenue

Revenue from external customers

Intersegment revenue and transfers
Total

Segment profit (loss)
Finance income

Adjustments(Note 2)

Total

282

31,306773

32,037490
180

Finance costs

Consolidated-

31,306(731)

31,306

731

(731)

(246)

(316)

-

(562)

502

(205)

Loss before tax(265)

Notes: 1. The category of “Others” includes revenues from constituent units that have not earned revenues or earn only incidental
revenues.
2. "Adjustments" is mainly company-wide expenses not allocated to segments and elimination of transaction between segments.

(Significant Subsequent Events)
There is no relevant information.

12

3. Other Information(1) Status of Orders and Revenue
By period_
Category/Segment
Orders received

Consulting

Urban & Spatial Development
EnergyOthersFor the three months ended
September 30, 2022

For the three months ended
September 30, 2023

Amount(Millions of yen)

Composition(%)

Amount(Millions of yen)

Composition(%)

11,79537.1

15,26740.0

16,761
3,128
150

52.6
9.8
0.5

19,734
3,026
123

51.8

For the fiscal year ended
June 30, 2023

Amount(Millions of yen)
77,41442,566Composition
(%)

55.6
30.6

7.9

18,827

13.5

0.3

457

0.3

Total

31,836100.0

38,152100.0

139,265

100.0

Urban & Spatial Development

7,719

28.8

9,111

29.1

38,072

26.9

307

1.1

282

0.9

1,080

0.8

Revenue 1

Consulting
EnergyOthers15,510
3,246

58.0

12.1

16,184
5,727

51.7

18.3

85,035

17,339

60.0

12.3

Total

26,782100.0

31,306100.0

141,527

100.0

Urban & Spatial Development

7,719

28.8

9,111

29.1

38,071

26.9

Revenue 2

Consulting
EnergyOthers

3,991
307

Total

By period_

Foreign exchange andother adjustments

Category/Segment

14,764

Consulting

Urban & Spatial Development
EnergyOthers
Total

55.2

14.9

1.1

26,782

100.0

Amount(Millions of yen)

Composition(%)

For the three months ended
September 30, 2022
2,251

15,594
6,317
282

20.2

0.9

31,306

100.0

Amount(Millions of yen)

Composition(%)

For the three months ended
September 30, 2023
1,492

(735)

49.8

(8)

84

155

1,600

1,639

-

81,51920,855

1,080

57.6

14.7

0.8

141,527

100.0

Amount(Millions of yen)

Composition(%)

For the fiscal year ended
June 30, 2023
2,373
2,387

90

-

-

4,852

144,31771.6

140,901

67.7

135,807

68.3

Energy23,093

11.5

23,542

11.3

25,495

12.8

Outstanding Orders

Consulting

Urban & Spatial Development
OthersTotal

34,111-

201,522

16.9
-

100.0

43,7993

208,246

21.0
0.0

100.0

37,651
1

198,956

18.9
0.0

100.0

Notes: 1. The above amounts are for external customers, and do not include inter-segment transactions or transfers.
2. Revenue 1 is by segment which received orders. Revenue 2 is by segment which provided services.
3. Foreign exchange and other adjustments include those related to exchange differences and outstanding order revisions.
4. As described in "1. Qualitative Information on Quarterly Financial Results," there has been no substantial change in the scopeof Nippon Koei’s conventional consolidated group. Therefore, Nippon Koei’s consolidated results for the three months ended
September 30, 2022 and those for the fiscal year ended June 30, 2023 have been used as comparative information. For
comparison, the Company made an adjustment of reclassifying its subsidiary El Koei Co., Ltd. from the Consulting businesssegment to the others.

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