Supplementary Materials
for the Fiscal Period Ended June 30, 2021
August 13, 2021
Nippon Koei Co., Ltd.

This presentation is provided for informational purposes only and is not intended to solicit any action. Presentation in the materials(including forecasts of financial Results) is based on credible information available at the time of publication and certain assumptions
Nippon Koei believes to be reasonable. Various factors may cause actual results to differ from the projected numbers or other expectations
implied or expressed in this presentation.
1Results for FYE June 30, 2021 (IFRS)Revenue and operating profit posted new record highs although orders declined year on year.
(Millions of yen)

FYE 20/6 FYE 21/6
ResultsResultsOrders
Revenue
Gross profit
Operating profit
Profit before tax
Profit attributable to owners ofparent

YoY Change
Amount%Initial Plan

vs. PlanAmount%144,871

133,304-11,567

92.0%

104,900

28,404127.1%

108,441

117,8599,418

108.7%

102,600

15,259114.9%

33,23837,735

4,497

113.5%

31,4006,335

120.2%

5,245

7,128

1,882

135.9%

3,000

4,128

237.6%

5,029

7,176

2,147

142.7%2,900

4,276247.5%

3,099

4,531

1,432

146.2%

1,200

3,331377.6%* The Company has adopted the International Financial Reporting Standards (IFRS) effective the fiscal year under review. Consolidated financial results of the previous fiscal
year are also indicated in accordance with the IFRS. For reference values based on Japanese GAAP, please see page 18.

Highlights of FYE June 30, 2021

The effect of COVID-19◼ Orders were affected by a reactionary decrease associated with largescale orders received in the previous fiscal year in International Consultingand Power Engineering.

◼ At the beginning of the fiscal year, theimpact on sales and profits was expected to
be about 40 billion yen less, but it ended up
being about 10 billion yen less.

◼ Revenue progressed even amid the COVID-19 pandemic and increased
in all segments except for Energy.
◼ Profitability significantly improved thanks to productivity-improvement
measures and cost reductions, and profits increased at every level.

◼ International Consulting Business wasexpected to be affected, but travel
restrictions were eased during the periodand local work progressed.

2

Results By Business Segments: Orders
YoY Changevs. PlanFYE 2020/6
Results

FYE 2021/6
Results

Orders144,871

133,304-11,567

92.0%

104,900

28,404127.1%

Domestic Consulting

59,31462,0472,733

104.6%

49,80012,247124.6%

InternationalConsulting

47,61735,721-11,895

75.0%

23,90011,821149.5%

Power Engineering

19,82913,880-5,94970.0%

13,000880

106.8%

Urban & SpatialDevelopment

17,874

21,4573,582

120.0%

16,0005,457

134.1%

156

111-45

71.1%

2,200

-2,088

5.1%(Millions of yen)

Energy＜Domestic Consulting＞＜International Consulting＞

Amount＜Power Engineering＞

80,000Initial Plan％＜Urban & Spatial
Development＞

Amount%＜Energy＞

59,314 62,047
60,00047,61735,72140,00019,82920,000

020/6

21/6

20/6

21/6

20/6

13,88021/6

17,874 21,457

20/6

21/6

156

111

20/6

21/6

3

Results By Business Segments: Revenue
YoY Change

vs. PlanFYE 2020/6
Results

FYE 2021/6
Results

Revenue

108,441

117,8599,418

108.7%

102,600

15,259114.9%

Domestic Consulting
InternationalConsulting
Power Engineering
Urban & SpatialDevelopment
EnergyReal Estate Leasing
and Other

49,95855,3455,386

110.8%

41,70013,645132.7%

22,63524,7532,117

109.4%

22,1002,653

112.0%

15,382

15,831

448

102.9%

18,000-2,16888.0%

18,142

20,2742,131111.7%

18,3001,974110.8%

1,070

790

-279

73.9%

1,100

-309

71.9%

1,251

865

-386

69.1%

1,400

-534

61.8%

＜Domestic Consulting＞＜International Consulting＞(Millions of yen)

60,000

Amount＜Power Engineering＞

49,958 55,345

Initial Plan％＜Urban & Spatial
Development＞

Amount%＜Energy＞

40,00022,635 24,753
20,000

020/6

21/6

20/6

21/6

15,382 15,831

20/6

21/6

18,142 20,274

20/621/6

1,070790

20/6

21/6

4

Results By Business Segments: Operating profit
vs. PlanFYE 2021/6
Results

Operating profit

5,245

7,128

1,882

135.9%

3,000

4,128

237.6%

Domestic Consulting
InternationalConsulting
Power Engineering
Urban & SpatialDevelopment
EnergyReal Estate Leasing
and Other

4,944

6,128

1,183

123.9%

2,100

4,028

291.8%

513

1,853

1,340

361.1%

300

1,553

617.8%

995

858

-137

86.2%

1,800-941

47.7%

1,759

2,266

507

128.8%

700

1,566

323.8%-355-1,919-1,563-300-2,219--2,611-2,058552--2,200141-(Millions of yen)

8,000

YoY Change

FYE 2020/6Results＜Domestic Consulting＞

4,944

6,128

＜International Consulting＞

4,000

513

1,853

Amount＜Power Engineering＞

995

858

Initial Plan％＜Urban & SpatialDevelopment＞

Amount%＜Energy＞

1,759 2,266

0▲ 355▲ 1,919△ 4,000

20/6

21/6

20/6

21/6

20/6

21/6

20/6

21/6

20/6

21/6

5

Results by Business Segment
Domestic Consulting• Orders, revenue and operating profit all posted new record highs.
• Headcount increase and collaboration with overseas, contributed to higher orders• Operating profit increased significantly due to enhanced productivity backed by higher sales and increased
operating efficiency and improvement in the order environment.

International Consulting• Orders showed a reactionary decrease from the previous fiscal year when large-scale orders were received.
There were delays in orders due mainly to the impact of COVID-19.
• Revenue increased due to the active effort toward working locally under the COVID-19 pandemic and thefavorable domestic operation.
• Operating profit increased significantly, boosted by restraining of travel and other expenses and improving thesoundness of the subsidiary.

Power Engineering• Orders showed a reactionary decline from the previous fiscal year when large-scale orders were received for
power facility construction although orders for dam monitoring and control systems were strong.
• Revenue was comparable to the level of the previous fiscal year due mainly to the extension of construction
periods for substation work and substation control manufacturing.
• Operating profit decreased due to a rise in the cost of sales ratio related to hydraulic power generation andthe posting of a provision for loss on construction contracts.

6Results by Business Segment
Urban & Spatial Development• Higher orders were attributable mainly to orders acquired for public projects and additional orders fromWestminster Palace in the 4Q.
• Revenue increased due to the promotion of teleworking at BDP, foreign exchange impacts, and the transfer(approx. ¥2 billion) of the urban development division from Domestic Consulting under the NK
organizational reform• Operating profit increased due to constrained costs at BDP and the transferred portion of NK’s urban
development division.
*Actual rate for the FYE June 2021: £1 = ¥144.38 (planned rate for the FYE June 2021: £1 = ¥136.23)

Energy• Orders decreased year on year due to the delay in orders for the battery storage-related project scheduledin Europe.
• Revenue decreased from the previous fiscal year when EPC was completed for the battery storage businessin the UK.
• Operating profit decreased significantly due to the posting of an impairment loss associated with hydraulicpower generation in Indonesia based on IFRS although costs were reduced due to delays in project
development.

7

FYE June 2022 Forecast
Revenue and operating profit are expected to set new record highs year on year. Segments will be reorganizedfrom five to three segments from FYE June 2022.
(Millions of yen)OrdersConsulting Business
Urban & Spatial Development Business
Energy Business

Revenue
Consulting Business
Urban & Spatial Development Business
Energy Business
Real Estate Leasing and Other

Operating profit
Consulting Business
Urban & Spatial Development Business
Energy Business
Real Estate Leasing and Other

Profit attributable to owners of parent

FYE 2021/6
Results
133,304
97,76921,457
13,991
117,859
80,09820,274
16,621
865
7,128
7,981
2,266
-1,061-2,0584,531FYE 2022/6
Plan
130,000
95,00020,00015,000131,000
89,00021,00020,000
1,000
7,700
7,700
1,500
1,700
-3,2004,700

YoY Change
Amount-3,304-2,769-1,457
1,008
13,140
8,901
725
3,378
134
571
-281
-766
2,761
-1,141
169

％
97.5%
97.2%
93.2%
107.2%
111.1%
111.1%
103.6%
120.3%
115.6%
108.0%
96.5%
66.2%
103.7%*Figures in three segments for FYE 21/6 are simple aggregations before intercompany eliminations.
*Please see page 17 for the method of segmentation into three segments and page 19 for the reference values for five segments.
8

Long-term Management Strategy
NKG Global Strategy 2030（2021.7～2030.6）
Medium-term Management Plan
Building Resilience 2024（2021.7～2024.6）

9

Long-term Management Strategy: Basic Scheme
NKG Global Strategy 2030 —Working Together Toward A Future Without Boundaries
Basic Policy
FYE June 2030
Numerical
Targets (IFRS)Providing new value and realizing a sustainable society through the exploration ofwisdom and the innovation and integration of technology

Revenue

Operating profit

250 billion yen

25 billion yen

Working together initiative 1
Reorganizing businesssegments; developing onestop services◼ New development in threebusiness domains◼ Realization of one-stop
services and agile business
management◼ Full-scale expansion intobusiness management◼

Operating profit
margin

10%

ROE

15%

Working together initiative 2

Working together initiative 3

Promoting autonomy andCollaboration

Manifesting the NKG brandand NKG quality

Autonomy and collaboration;
faster decision-making;transitioning to a holding
company for coexistence ofdiversity◼ Implementation of matrix
management acrossbusinesses and regions◼ Developing world-classhuman resources inconjunction with ourtechnology strategy◼ Realizing digitaltransformation (DX)102030 Vision
By working together with various partners within and out of the Company, we will pursue wisdom and integrate wisdomwith technological innovation to provide new values in an aim to become a corporate group that contributes to realizing asociety in which people can feel enriched.
(100s of million yen)0

NKG Global Strategy2030

FYE 21/6 to FYE 30/6(IFRS)FYE 14/6 to FYE 20/6(Japanese GAAP)■Urban & Spatial Development■ Energy■ Power Engineering■ International Consulting■ Domestic Consulting—— Operating profit margin■ Urban & Spatial Development■Energy■Consulting—Operating profit margin

0

Previous Long-term Management Strategy
0

Expand existing businesses(Consulting, Power Engineering)
Establish/deploy new businesses(Urban &Spatial Development, Energy )00ー Working Together Toward A Future Without Boundaries ーFYE 30/6
New Medium-term
3rd STEP
Target (IFRS)Management Plan
2nd STEP
Revenue:
Build theTransformation
250 billion yen
foundation for
Accelerate
1st STEP
Operating profit
becoming aexpansion into
Building Resiliencemargin:100-year400
newbusinesses
10%
Set firm ground for working
company
together in creating aand new markets
ROE: 15%
sustainable future through1,980
implementing threeresilience policies

1,550

1,178

180818200

1157104700

16.6

17.6

18.6

19.6

20.6

21.6

22.6

23.6

24.6

27.6

30.6
11

Points of the Medium-term Management Plan (July 2021 to June 2024)
Key Point

Enhancing resilience of the Nippon Koei Group (Building Resilience 2024）

Basic Policy

Set firm ground for working together in creating a sustainable future throughimplementing three resilience policies.
Resilience policy1：Enhance theresilience of vertical threads

Business axis

Resilience policy 2: : Enhance theresilience of horizontal threads
Group management structure that realizes
matrix management across businesses andregions

Regional axis

FYE June 2024
Numerical Targets(IFRS)

Boosting business through three independent
domains

Revenue
155 billion yen

Resilience policy 3: Enhance the quality ofvertical and horizontal threads
Embodying the NKG brand and NKG quality

Operating profit
11.5 billion yen

Operating profit margin
7%

ROE
9%
12

Medium-term Management Plan Building Resilience 2024

Business
StrategyConsulting Business

Urban & SpatialDevelopment Business

Energy BusinessDirection ofbusinessDirection ofbusinessDirection ofbusiness●Evolved into an organizationthat can compete in the world
by integrating Domestic
Consulting, International
Consulting, and the R&DCenter.
●Providing outstanding
technology and quality to theglobal market throughoffensive and defensive
business operations.

Organizational Strategy

Business Strategy●Expanding comprehensive
production of urban andregional revitalization
projects in Japan andoverseas by integrating
both civil engineering andarchitecture field.
●NK / TSC / BDP / KKAA
integrated operation to develop
new markets such as urban
development /redevelopment,
publicprivate partnerships, andsmart city projects.

● Building a foundation for power
generation and energy managementbusiness through internal andexternal collaboration.
● Stabilizing the manufacturingbusiness by strengthening main
products and developing new
products and strengthening theconsulting engineering businesssystem.

Establishing a base for further growth by building a groupmanagement system
Realization of one stop services and support for autonomous
management of the region

Human Resource・
Building a solid technology foundation and nurturing worldTechnology
class human resources
Strategy13

Medium-term Management Plan
Building Resilience 2024 - Numerical Targets (IFRS)(Millions of yen)

FYE 2021/6
Results

FYE 2024/6
PlanAmount%

Orders133,304

150,000

16,695112.5%

Revenue

117,859

155,000

37,140131.5%

Operating profit

7,128

11,5004,371

161.3%

Operating profit margin

6.0%

7.4%

1.4pt

Profit before tax

7,176

11,0003,823

153.3%

Profit attributable to owners of parent

4,531

7,100

2,569

156.7%

ROE

6.7%

9.0%

2.3pt

14

Medium-term Management Plan Building Resilience 2024 Numerical Targets by Segment (IFRS)(Millions of yen)OrdersConsulting Business
Urban & Spatial Development Business
Energy Business
RevenueConsulting Business
Urban & Spatial Development Business
Energy Business
Real Estate Leasing and Other
Operating profit
Consulting Business
Urban & Spatial Development Business
Energy Business
Real Estate Leasing and OtherFYE 2021/6
Results
133,304

FYE 2024/6
Plan
150,000

97,769Amount%16,695112.5%

92,000-5,76994.1%

21,45739,00017,542181.8%

13,991

19,0005,008

135.8%

117,859

155,000

37,140131.5%

80,09888,0007,901109.9%

20,27440,00019,725197.3%

16,621

26,0009,378

156.4%

865

1,000

134

115.6%

7,128

11,5004,371

161.3%

7,981

8,200218102.7%

2,266

3,200

933

141.2%-1,061

3,300

4,361--2,058-3,200-1,141-*Figures in three segments for FYE 21/6 are simple aggregations before intercompany eliminations.

15Appendix.

16

Change of Business Segments (From FYE June 2022)
In order to further promote collaboration, change from the previous five business segments to three business segments.

Up to FYE June 2021 (before the revision)
Segment

Major group companies

Domestic
Consulting

Tamano Consultants Co., Ltd.
Nippon Civic Consulting Engineers Co., Ltd.
El Koei Co., Ltd.

InternationalConsultingKoei Research & Consulting Inc.
Nippon Koei Latin America-Caribbean Co., Ltd.
NIPPON KOEI LAC, INC.
NIPPON KOEI INDIA PVT. LTD.
NIPPON KOEI VIETNAM INTERNATIONAL CO., LTD.
PHILKOEI INTERNATIONAL, INC.
PT. INDOKOEI INTERNATIONALMYANMAR KOEI INTERNATIONAL LTD.

Urban & Spatial
Development
FYE 21/6
Transfer of NK Urban
Development Dept.

PowerEngineering
EnergyBDP HOLDINGS LIMITEDBUILDING DESIGN PARTNERSHIP LIMITEDQUADRANGLE ARCHITECTS LIMITED
Kisho Kurokawa Architect & Associates

From FYE June 2022 (after the revision)
Segment

Major group companiesConsulting

Tamano Consultants Co., Ltd.
Nippon Civic Consulting Engineers Co., Ltd.
Transfer to Urban &EL Koei Co., Ltd.
Spatial Development inKoei Research & Consulting Inc. FYE 23/6
Nippon Koei Latin America-Caribbean Co., Ltd.
NIPPON KOEI LAC, INC.
NIPPON KOEI INDIA PVT. LTD.
NIPPON KOEI VIETNAM INTERNATIONAL CO., LTD.
PHILKOEI INTERNATIONAL, INC.
PT. INDOKOEI INTERNATIONALMYANMAR KOEI INTERNATIONAL LTD.
PT. CIKAENGAN TIRTA ENERGIUrban &SpatialDevelopment

BDP HOLDINGS LIMITEDBUILDING DESIGN PARTNERSHIP LIMITEDQUADRANGLE ARCHITECTS LIMITED
Kisho Kurokawa Architect & Associates

Koei System Inc.
KOEI Energy Co., Ltd.
NIPPON KOEI ENERGY EUROPE B.V.
PT. CIKAENGAN TIRTA ENERGIIRONMONT HYDRO PTE. LTD

EnergyKoei System Inc.
KOEI Energy Co., Ltd.
NIPPON KOEI ENERGY EUROPE B.V.
IRONMONT HYDRO PTE. LTD
17

[Reference] Results for FYE June 2021 for Each of the Five
Business Segments (Japanese GAAP)(Millions of yen)OrdersDomestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyNet sales
Domestic Consulting
International Consulting
Power EngineeringUrban & Spatial Development
EnergyReal Estate Leasing and Other

Operating profit
Domestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyReal Estate Leasing and OtherFYE 2020/6 Results
141,632
56,18447,50819,82917,874
156
112,214
51,33324,50815,747
18,160
1,187
1,276
4,590
5,227
684
1,069
917
-383
-2,924FYE 2021/6 Results

YoY Change
Amount132,177
61,28035,364
13,87821,457
110
117,71054,961
24,912
15,897
20,267
789
881
7,715
6,946
1,685
904
997
-409
-2,407*Since the Company adopts the International Financial Reporting Standards (IFRS) effective the end of the fiscal
year ended Ju n e 30, 2021, these are estimated values calculated under Japanese GAAP for reference.

-9,455
5,095-12,143-5,950
3,582
-46
5,495
3,627
403
150
2,106-398
-394
3,125
1,718
1,001
-165
79
-26
516%
93.3%
109.1%
74.4%
70.0%
120.0%
70.6%
104.9%
107.1%
101.6%
101.0%
111.6%
66.5%
69.1%
168.1%
132.9%
246.3%
84.6%
108.7%
18

[Reference] FYE June 30, 2022 Forecast for Each of the Five
Business Segments (IFRS)(Millions of yen)OrdersDomestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyRevenue
Domestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyReal Estate Leasing and Other

Operating profit
Domestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyReal Estate Leasing and OtherFYE 2021/6 Results

FYE 2022/6 Plan

133,304
62,04735,721
13,88021,457
111
117,859
55,34524,753
15,831
20,274
790
865
7,128
6,128
1,853
858
2,266
-1,919-2,058130,000
62,00033,00015,00020,0000131,000
58,00031,00019,000
21,000
1,000
1,000
7,700
5,700
2,000
1,900
1,500
-200
-3,200YoY Change

Amount*Since the business segments are reorganized into three segments from FYE June 2022, these are estimatedvalues calculated for the conventional five business segments for reference.

-3,304-47-2,721
1,119-1,457-111
13,140
2,654
6,246
3,168
725
209
134
571
-428
146
1,041
-766
1,719
-1,141%
97.5%
99.9%
92.4%
108.1%
93.2%
111.1%
104.8%
125.2%
120.0%
103.6%
126.5%
115.6%
108.0%
93.0%
107.9%
221.4%
66.2%
19