Supplementary Materials for theSummary of Financial Reports
3Q, FYE June 30, 2022
May 13, 2022

Nippon Koei Co., Ltd.
IR Inquiries: Corporate Communication Officec-com@n-koei.co.jp

This presentation is provided for informational purposes only and is not intended to solicit any action. Presentation in thematerials (including forecasts of financial results) is based on credible information available at the time of publication andcertain 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

3Q Results for FYE June 30, 2022
Sales and profits increased in all segments. Each profit increased due to productivity
improvement, cost reduction and a weaker yen.
(Millions of yen)

FYE21/6
3Q
Results

FYE22/6
3Q
Results

YoY Change
Amount%Orders82,64880,215-2,433

97.1%

Revenue

86,537

95,6829,145

110.6%

Gross profit

28,75531,2572,502

108.7%

Operating profit

6,839

9,509

2,670

139.0%

Profit before tax

6,798

10,373

3,575

152.6%

Profit attributable to owners of parent

4,270

7,083

2,813

165.9%*The Group has applied International Financial Reporting Standards (IFRS) from the year-end of the fiscal year ended June 30, 2021. The figures for the previous
consolidated third quarter are also disclosed based on IFRS.

 Orders in the domestic division of the Consulting Business and the Urban & Spatial Development Business have wellprogressed, while orders of the Energy Business have decreased comparing to the same period of previous year due tothe order restraint as the consideration of production capacity.
 Revenue grew in all the segments. Particularly the overseas projects of the Consulting Business went well comparing to
the same period of previous year as travel restrictions have eased.
 Each profit increased due to strong overseas performance of the Consulting Business, resolution of temporary loss ofprevious year and a weaker yen.

2

Results by Business Segment(Millions of yen)

FYE21/6
3Q
Results

FYE22/6
3Q
Results■FYE21/6,3Q ■FYE22/6,3Q

受注高
OrdersYoY Change
Amount59,619 58,410%

Orders82,64880,215-2,433

97.1%

Consulting Business

59,61958,410-1,20998.0%

Urban & Spatial
Development Business

11,272

12,986

1,713

115.2%

Energy Business

11,6908,751-2,939

74.9%

65

67

1

102.0%

Revenue

86,537

95,6829,145

110.6%

Consulting Business

58,90064,3075,406

109.2%

Urban & Spatial
Development Business

14,723

16,9052,181

114.8%

Energy Business

12,246

13,906

1,659

113.6%

666

563

-103

84.5%

Operating profit

6,839

9,509

2,670

139.0%

Consulting Business

5,437

7,818

2,380

143.8%

Urban & Spatial
Development Business

1,580

1,616

36

102.3%

Energy Business

807

1,642

835

203.4%

Other

-985

-1,568

-582

-

Other

Other

(Millions of yen）

11,272 12,986
コンサルティング
Consulting
Business

Revenue
売上収益
58,900Urban & Spatial
都市空間
Development Business

11,690 8,751
エネルギー
EnergyBusiness

64,307

14,723 16,905

Consulting
Business
コンサルティング

Urban & Spatial
都市空間
Development Business

12,246 13,906

EnergyBusiness
エネルギー

営業利益
Operating profit
7,818
5,437
1,580
Consulting
Business
コンサルティング

1,616

Urban & Spatial
都市空間Business
Development

807

1,642

EnergyBusiness
エネルギー

3Overview by Segment
Consulting Business• Orders: Domestic division progressed well due to by a favorable market environment, while oversea division decreased yearon-year as the order receipt timing was skewed for large overseas projects.
• Revenue: Increased mainly because of local projects in overseas division went well.
• Operating profit: Increased due to the increasing operating rates of overseas and the resolution of temporary loss ofprevious year.

Urban & Spatial Development Business• Orders: Increased year-on-year due to strong private-sector orders received by BDP (UK) as well as solid performanceby Quadrangle (Canada).
• Revenue: Increased due to well-progressed projects which had been ordered in BDP (UK) and Quadrangle (Canada) in
the previous period.
• Operating profit: Operating profit increased, although general & administrative expenses increased due to the former
reaction of COVID-19.
* Actual exchange rate in 3Q of FYE June 30, 2022: ￡1=154.00 yen (actual exchange rate in 3Q of FYE June 30, 2021; ￡1= 141.31 yen; assumed
exchange rate for FYE June 30 2022: ￡1= 151.65 yen)

Energy Business• Orders: Decreased year-on-year due to an order-receiving system in consideration of production capacity of the plant, in
addition with the delayed procurement of semiconductors.
• Revenue: Increased due to well-progressed projects including large-scale projects which had been ordered in the previous
period, in addition of battery storage projects in Europe.
• Operating profit: Increased due to cost reduction such as outsourcing fees through productivity improvement in
manufacturing units.
4

FYE June 30, 2022 forecast (revised on May 13)
The profit forecast released at period-start was revised upwards as the cost reduction in overseas division ofConsulting Business, structural improvement of consolidated subsidiaries, and the yen weakened compared withthe rate assumed at the time of the period-start forecasting.
(Millions of yen)
(Millions of yen)

Revenue
Operating profit
Profit attributable to owners of parent

Period-start forecast
for FYE June 30, 2022

FYE June 30, 2022 forecast revised this time(released in May 2022)(released in August 2021)

Amount of change

131,000
9,000
6,600

131,000
7,700
4,700

0
+1,300+1,900Percentage change+16.9%+40.4%■ Overview by Segment(Millions of yen)

Revenue
Operating
ProfitConsulting Business
Urban & Spatial Development Business
Energy Business
Real Estate Leasing and Other
Consulting Business
Urban & Spatial Development Business
Energy Business
Real Estate Leasing and OtherFYE 2021/6
Results

80,09820,274
16,621
865
7,981
2,266
-1,061-2,058FYE 2022/6
Plan

89,00021,00020,000
1,000
7,700
1,500
1,700
-3,200

Amount of change Percentage change
FYE June 30,
compared withcompared with
2022 forecast
revised this time period-start plan period-start plan

90,00021,00019,000
1,000
9,300
2,000
1,300
-3,600* Figures in three segments for FYE 21/6 are simple aggregations before intercompany eliminations.
* Please see page 14 for the method of segmentation into three segments and page 16 for the reference values for five segments.

1,000
0-1,000
0
1,600
500
-400
-400

101.1%
100.0%
95.0%
100.0%
120.8%
133.3%
76.5%
5

Project Highlights（Consulting Business / Domestic）
BIM/CIM Use Assistance Project for R2 Arakawa River Regulating Reservoirs
ClientOverview

Arakawa River Regulating Reservoir Work Office, Kanto Regional Development
Bureau, Ministry of Land, Infrastructure, Transport and Tourism
 Assisted a digital transformation (DX) promotion initiative in the Arakawa
River 2nd and 3rd Regulating Reservoir Development Project, a major
project of the Kanto Regional Development Bureau
 Created integrated BIM/CIM models, an achievement from designing
regulating reservoirs, before releasing them as open data to the generalpublic Used game engines to develop BIM/CIM models into ones looking more
realistic, created project highlighting videos and virtual reality (VR) andaugmented reality (AR) models
 Held learning sessions for office staff on operation software for BIM and CIM

Designing for landslide prevention work (using BIM/CIM)
ClientOverview

Shinjo River Office, Tohoku Regional Development Bureau, Ministry of Land,
Transport, Infrastructure and Tourism
 Created landslide BIM/CIM models integrating landslide research & analysis
and designing results for a detailed designing task at a landslide-prevention
facility of the directly operated landslide control project in the Gassan area

Video highlighting a project using BIM/CIM models and game engines
Development of automateddesigning system

Designing investigation using
three-dimensional models

 Streamlined preparation of three-dimensional models by using an
automated BIM/CIM model designing system developed in house, andrealized a facility placement plan on a three-dimensional basis, somethingthat had previously been difficult
 Realized advanced designing taking into account detailed landforms andground structure, which had been difficult to know with past methods, bystreamlining a facility placement plan on a three-dimensional basis
 Contributed to enhancing designing reliability by doing a designinginvestigation using BIM/CIM models in addition to streamlining andadvancing operations

Three-dimensional facility
placement plan

Visualized landforms, ground quality, and designing by using alandslide CIM model
6

Project Highlights（Consulting Business / Domestic）
Studied streamlining operations by using an MR device in the sand erosion
control business
ClientOverview

Shinjo River Office, Tohoku Regional Development Bureau, Ministry of Land,
Transport, Infrastructure and Tourism
 Studied and conducted onsite verifications on remote control function using
mixed reality (MR) devices and on BIM/CIM model projection function inorder to streamline operations and improve productivity for sand erosion
control service A remote control function was verified to be useful for saving travel timeand cost and for COVID-19 infection risk prevention by connecting office andwork sites online on a real time basis
 Contributed to speeding up agreement, advancing scenery study, andchecking interference of detrimental objects, etc., among others, throughsharing completion images as the BIM/CIM models of designed matters
became able to be projected on a real-size basis on site by using the
BIM/CIM model projection function

BIM/CIM model for sand erosion control embankment asprojected on site

DX assistance linking a dam and people (Toga Dam designing operations forfiscal 2020 and 2021)
Toga Dam Work Office, Hokuriku Regional Development Bureau, Ministry
Clientof Land, Infrastructure, Transport and Tourism
 Produced and provided a CIM video and augmented reality (AR) of a
Overview
dam at the Toga Dam DX Room opened in October 2021 in a citizens’
center near a site where the dam was planned to be constructed(Toyama Prefecture, 112 meters in height)
 Nippon Koei personnel provided a briefing on AR using an iPad at adam site tour meeting held by the Hokuriku Regional Development
Bureau for local residents
AR as shown on an iPad screen
7Project Highlights（Consulting Business / International）
Investigation and study operations intended to promote i-Construction overseas
ClientOverview

Ministry of Land, Infrastructure, Transport and Tourism
 Surveyed relevant government agencies and private-sector companies in thePhilippines and Thailand with the aim of implementing specific infrastructure
projects overseas by tapping into Japanese i-Construction knowledge
 Gathered information on legal systems, positional measurement, andexisting infrastructure projects before examining issues Checked thepossibility of applying Japanese telecommunication systems locallySpecific example: A bypass four-lane shift and improvement of bridge andintersection in a northern area in the city of Manila in the Philippines
 Prepared a final report in March 2022 after formulating a specific measureintended to apply i-Construction and putting forward proposals to local
government and relevant agencies

A site where investigationand study operations were
performed in Philippines

Investigation for transit-oriented development (TOD) for urban Transportation
Line 3 in the metropolitan area of the Republic of Panama
JICA
ClientOverview

 Organized information and studied measures in order to realize transitoriented development (TOD) in a western part of the capital in the Republicof Panama in connection with a monorail development project for which theCompany received an order from JICA in the country (line extension of about
25 kilometers)
 Studied measures and put forward proposals on improving conveniencethrough development of areas close to train stations, increasing job
opportunities in western areas of the capital, diversifying economic activity
concentrated in the central parts of the capital, and equalizing commercial
activity in areas Promoted understanding about the TOD initiative on the part of Panama by
sharing information on the investigation result and highlighting TOD cases inJapan
 The overall investigation period was from April 2021 to February 2022

Conceptual imagine of station building of Transportation Line 3 in themetropolitan area of the Republic of Panama

8Project Highlights（Urban & Spatial Development Business）
Construction management (CM) service for assistance for the orderer of an
extension and remodeling of the Kitakami Works RFID plant
ClientSato Holdings Corporation

Overview

Project for extension and remodeling of existing facilities andinstallation of a clean room at a production plant forradio frequency identifiers (RFID), a type of non-contact IC tagAs a construction management service for different workstages, the Company assisted in the confirmation ofcompatibility between works ordered for separately(construction, electrical facilities and machinery), orderer
decision-making, control of work processes and expenses,
verification of work execution, and technical checking for clean
room operation, among others

Provided by Sato Holdings Corporation

Large-scale renovation project for Welsh School of Architecture, Cardiff
University
ClientOverview

Welsh School of Architecture, Cardiff University

BDP served as a project architect for a large renovation project
for the Cardiff University building, which is home to the Welsh
School of Architecture that has a tradition of over a century
and is renowned internationallyConducted a large-scale renovation of the roof and the inside of
the building while adding a studio, office, and workshop room,and leading-edge exhibition hall

9

Project Highlights（Urban & Spatial Development Business）
Assisted in a study for vitalizing an area around the Old Sakai Port
ClientSakai City Government, Osaka, Japan

OverviewAssistance service for creating a communication spaceleveraging waterside attractiveness and for forminginteraction places

Assisted in a social experiment aimed at enhancing thepotential and social profile of public-private-sector
collaboration projects and contributed to discovering andpublicizing local area attractiveness and forming publicprivate-sector collaboration projects

Publicized the image of forming an interaction space bytemporarily installing restaurants and street furniture andproviding music events and mobility experienceNow considering how to introduce interaction andgathering functions with the aim of vitalizing local
communities in ways utilizing open seaside spaces inclose proximity to urban areas

Music event utilizing a waterside space

Street furniture

10Project Highlights （Energy Business）
Ookuma Rururun Denryoku: Built an energy management system
ClientOokuma Rururun Denryoku Ltd.

Overview

 Received an order for building an energy management system(EMS) that will monitor and control renewable energy power
generation facilities and batteries and operate power demandand supply in Okuma-machi in Fukushima, Japan
 Installed terminal machines at users (two locations) tomonitor and control the volumes of renewable energy power
generation equipment and battery charging and discharging
Contributed to local generation and consumption of electricity
 Developed a system enabling operations to be monitored
remotely and past data to be downloaded by using a cloudserver Delivered in March 2022

Terminal equipment

Conceptual image of screen for system operation

Nakamura Power Plant: Delivered water turbine power generator
control equipment 1 and 2
ClientKansai Electric Power Otsu Hydropower Center
Overview

 Renewed the existing water turbine power generator control
equipment at Nakamura Hydropower Plant as there wereconcerns it might experience an accident or damage due toaging after having been in use for 42 years
 Equipment delivered (renewed equipment) consisted of two
power generator control boards, two power generator
protection power distribution boards, two GOV/AVR auxiliaryboards and two SSGs. Revamped actuators.
 Delivered to the site in November 2021 and completed thework in mid-February 2022

Appearance of the water turbine power generator

The power generator
control equipment delivered11

Project Highlights （Energy Business）
Extension of Convertor No. 6 at the Shinkeiyo Substation
ClientTEPCO Power Grid

Overview

 Managed the execution of power, civil engineering, andauxiliary works in order to install Convertor No. 6 at the
Shinkeiyo Substation
 Work period: From April 2022 to May 2023

12

Appendix.

13

Change of Business Segments
In order to further promote collaboration, we will change from the previous five business segments to three.

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.

International
Consulting

Koei 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.

Power
Engineering
EnergyBDP 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

From FYE June 2022 (after the revision)
Segment

Major group companies

Consulting

Tamano Consultants Co., Ltd.
Nippon Civic Consulting Engineers Co., Ltd.
Transfer to Urban &EL Koei Co., Ltd.
Spatial Development in
Koei 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 ENERGI

Urban &
SpatialDevelopment

EnergyBDP HOLDINGS LIMITEDBUILDING DESIGN PARTNERSHIP LIMITEDQUADRANGLE ARCHITECTS LIMITED
Kisho Kurokawa Architect & Associates
Koei System Inc.
KOEI Energy Co., Ltd.
NIPPON KOEI ENERGY EUROPE B.V.
IRONMONT HYDRO PTE. LTD
14

[Reference] FYE June 30, 2022 3Q Results for Each of the Five Business Segments(Millions of yen)OrdersDomestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyRevenue

Domestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyOther

Operating profit

Domestic Consulting
International Consulting
Power Engineering
Urban & Spatial Development
EnergyOther

FYE21/6 3Q
Results
82,64839,354
20,264
11,625
11,272
65
86,537
41,793
17,107
11,695
14,723
551
666
6,839
5,736
-300
925
1,580
-130
-971

FYE22/6 3Q
Results

YoY Change
Amount80,215
41,136
17,273
8,667
12,98684
95,682
41,941
22,365
13,127
16,905
778
563
9,509
5,136
2,681
1,839
1,616
-208
-1,555* 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.

-2,433
1,782-2,991-2,958
1,713
19
9,145
148
5,258
1,432
2,181
227
-103
2,670
-599
2,982
913
36
-78
-584

%
97.1%
104.5%
85.2%
74.6%
115.2%
129.3%
110.6%
100.4%
130.7%
112.2%
114.8%
141.2%
84.5%
139.0%
89.5%
198.7%
102.3%
15

[Reference] FYE June 30, 2022 3Q Results for Each of the Five Business Segments （revised on May 13）(Millions of yen)

FYE 2021/6
Results

Amount ofPercentage
Period-startchangechangeFYE June 30,
forecast
YoY change
2022 forecast compared with compared with
for FYE June 30,
amountperiod-startrevised this time period-start
2022
plan
plan

YoY change%

Orders133,304

130,000

130,0000

100.0%-3,304

97.5%

Domestic Consulting

62,04762,00062,0000100.0%-47

99.9%

International Consulting

35,72133,00033,0000100.0%-2,721

92.4%

Power Engineering

13,88015,00015,0000100.0%

1,119108.1%

Urban & Spatial Development

21,45720,00020,0000100.0%-1,457

93.2%

Revenue

111

0

0

0

-

-111

0.0%

117,859

131,000

131,0000

100.0%

13,140111.1%

Domestic Consulting

55,34558,00059,0001,000

101.7%

3,654

106.6%

International Consulting

24,75331,00031,0000100.0%

6,246

125.2%

Power Engineering

15,831

19,00018,000-1,000

94.7%

2,168

113.7%

Urban & Spatial Development

20,27421,00021,0000100.0%

725

103.6%

Energy

790

1,000

1,000

0

100.0%

209

126.5%

Real Estate Leasing and Other

Operating profit

865

1,000

1,000

0

100.0%

134

115.6%

7,128

7,700

9,000

1,300

116.9%

1,871

126.3%

Domestic Consulting

6,128

5,700

6,000

300

105.3%

-128

97.9%

International Consulting

1,853

2,000

3,300

1,300

165.0%

1,446

178.0%

858

1,900

1,400

-500

73.7%

541

163.2%

Urban & Spatial Development

2,266

1,500

2,000

500

133.3%

-266

88.2%

Energy-1,919

-200

-100

100

-

1,819

-

Real Estate Leasing and Other-2,058-3,200-3,600-400--1,541

-

4,531

4,700

6,600

1,900

140.4%

2,068

145.6%

EnergyPower Engineering

Profit attributable to owners of parent* Since the business segments are reorganized into three segments from FYE June 2022, these are estimated values
calculated for the conventional five business segments for reference.

16