This document has been translated from the Japanese original "Kessan Tanshin" disclosed at the Tokyo Stock Exchange on
August 9, 2024 and prepared for reference purpose only. In the event of any discrepancy between this translated document
and the Japanese original, the original shall prevail.

Consolidated Financial Results for the First Quarter Ended June 30, 2024
〔Japanese GAAP〕
August 9, 2024
Company name : Kumagai Gumi Co., Ltd.
Stock exchange listings : Tokyo Stock Exchange, Prime Market
Securities code : 1861
URL : https://www.kumagaigumi.co.jp/
Representative : Shin Ueda, President
Contact : Kazunori Shimada, Joint General Manager, Administration Division,
Contact : General Manager, Administration Division, Accounting Department
Contact : Tel. 03-3235-8606
Scheduled date of dividend payment : ―Supplemental materials for quarterly financial results : None
Presentation on quarterly financial results : None
（Rounded down to the nearest million yen）

１．Consolidated Results for the First Quarter Ended June 30, 2024 (April 1, 2024 - June 30, 2024)（１） Consolidated Operating Results（Percentage figures are changes from the same period in the previous fiscal year）
Net sales of completed
Profit attributable toOperating profit
Ordinary profit
construction contracts
owners of parent
Million yen

FY2024 1st Quarter
FY2023 1st Quarter（Note） Comprehensive income

Million yen％

102,676
13.0
451
9.9
372
(28.9)
109410(18.7)
523(32.1)
68
90,891(0.8)
FY2024 1st Quarter 588 million yen (84.1)％ FY2023 1st Quarter 3,697 million yen -％％59.3(88.1)

Basic earnings per share

Million yen％％

Diluted earnings per shareYen

FY2024 1st Quarter
FY2023 1st Quarter

Million yen

Yen

2.53
1.57

―
―

（２） Consolidated Financial Position
Total assets

Net assets

Million yen

FY2024 1st Quarter
FY2023（Reference） Owner's equity

Capital adequacy ratio

Million yen

436,210467,232
FY2024 1st Quarter 175,024 million yen

175,024
180,014
FY2023 180,014 million yen

Net assets per share
％

Yen

40.1
38.5

4,068.21
4,185.54

２．Dividends
Annual cash dividends per share
End of 1st quarterEnd of 2nd quarter

Yen

End of 3rd quarter

Yen

Year-end

Yen――
FY2023―
FY2024―FY2024 （forecast）（Note） Revision to the latest forecasts of cash dividends announced : None

Total
Yen

Yen

―

130.00130.00―130.00130.00３．Forecast of Consolidated Operating Results for FY2024 (April 1, 2024 - March 31, 2025)（Percentage figures are changes from the same period in the previous fiscal year）

Net sales of completed
construction contracts
FY2024

Operating profit

Profit attributable toowners of parent

Ordinary profit

Basic earnings
per share

Million yen％

Million yen％

Million yen％

Million yen％

Yen462,200

4.3

15,00018.6

15,40018.1

10,10021.4

234.77（Note） Revision to the latest forecasts of consolidated operating results announced : None

※ Notes（1） Significant changes in the scope of consolidation during the period : None
（2） Application of specific accounting for consolidated financial statements : None
（3） Changes in accounting policies, changes in accounting estimates, and retrospective restatements① Changes in accounting policies due to the revision of the accounting standards: Yes② Changes in accounting policies other than ①: None③ Changes in accounting estimates: None④ Retrospective restatements: None(Note) For details, please refer to "2. Quarterly Consolidated Financial Statements; (3) Notes to Quarterly Consolidated Financial
Statements (Notes on changes in accounting policies)" on page 8 of the Attachments.
（4） Number of shares issued (common stock)① Number of shares issued at the end of the period (including own shares)② Number of treasury stocks at the end of the period③ Average number of shares outstanding during the period

FY2024 Q1
FY2024 Q1
FY2024 Q1

43,285,560 FY2023
263,209 FY2023
43,015,965 FY2023 Q1（Shares）
43,285,560
276,992
43,577,161※ Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants oran audit firm : None
※ Explanation regarding the appropriate use of forecasts of operating results, and other specific comments
The financial forecast of operating results in this document are based on information available at present and logical assessments. Actual
results may be materially different from expectations due to a variety of factors. Refer to “1. Overview of Operating Results, etc.
; (3) Explanation of information on future forecasts, including the consolidated earnings forecasts” on page 3 of the Attachments
for matters related to earnings forecasts.

（Reference） Summary of Nonconsolidated Financial Results（Rounded down to the nearest million yen）

１．Nonconsolidated Results for the First Quarter Ended June 30, 2024 (April 1, 2024 - June 30, 2024)（１） Nonconsolidated Operating Results（Percentage figures are changes from the same period in the previous fiscal year）

Net sales of completed
construction contracts

Operating profit

ProfitOrdinary profit

Million yen％

Million yen％

Million yen％

Million yen％

FY2024 1st Quarter

77,3198.1

50(85.1)

1,385

(9.4)

1,141

7.6

FY2023 1st Quarter

71,545

2.0

337

2.6

1,530

(26.4)

1,060(43.3)

Basic earnings per share

Diluted earnings per share

Yen

Yen

FY2024 1st Quarter

26.46

－

FY2023 1st Quarter

24.28

－

（２） Nonconsolidated Financial Position
Total assets

Net assets

Million yen

Capital adequacy ratio

Million yen

Net assets per share％Yen

FY2024 1st Quarter

356,486

135,375

38.0

3,138.92

FY2023382,906

139,56336.4

3,237.08（Reference） Owner's equity

FY2024 1st Quarter 135,375million yen FY2023 139,563 million yen

２．Forecast of Nonconsolidated Operating Results for FY2024 (April 1, 2024 - March 31, 2025)（Percentage figures are changes from the same period in the previous fiscal year）

Net sales of completed
construction contracts
FY2024 （forecast）

Ordinary profit

Basic earnings per share

ProfitMillion yen％

Million yen％

Million yen％

Yen

345,000

5.2

11,000

39.9

7,600

43.1

176.23（Note） Revision to the latest forecasts of nonconsolidated operating results announced : None

Contents

１．Overview of Operating Results, etc. ･･･････････････････････････････････････････････････････････････････････

2（１） Overview of operating results ･･･････････････････････････････････････････････････････････････････････････

2（２） Overview of financial condition ･･････････････････････････････････････････････････････････････････････････

2（３） Explanation of information on future forecasts, including the consolidated earnings forecasts･･･････････････

3

２．Quarterly Consolidated Financial Statements ･･････････････････････････････････････････････････････････････

4（１） Quarterly consolidated balance sheet ････････････････････････････････････････････････････････････････････ 4（２） Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive income ･･･････ 6（３） Notes to Quarterly Consolidated Financial Statements ････････････････････････････････････････････････････

8(Notes on changes in accounting policies) ･････････････････････････････････････････････････････････････････

8(Notes on Segment Information) ･･････････････････････････････････････････････････････････････････････････

8(Notes in the case of significant changes in shareholders’ equity) ･･･････････････････････････････････････････ 9(Notes related to the going concern assumption) ･･･････････････････････････････････････････････････････････ 9(Notes on quarterly consolidated statements of cash flows) ････････････････････････････････････････････････

9

３．Quarterly Nonconsolidated Financial Statements ･･･････････････････････････････････････････････････････････ 10（１） Quarterly nonconsolidated balance sheet ････････････････････････････････････････････････････････････････ 10（２） Quarterly nonconsolidated statement of income (Cumulative total) ･････････････････････････････････････････ 12
４．Supplementary Information ･･･････････････････････････････････････････････････････････････････････････････ 13（１） Orders received, net sales and carried-forward （Nonconsolidated） ････････････････････････････････････････ 13（２） Financial Highlights ･････････････････････････････････････････････････････････････････････････････････････ 14

1

1. Overview of Operating Results, etc.
（１）Overview of operating results
During the first quarter of the fiscal year under review, the Japanese economy staged a moderate recovery, largely
reflecting signs of a recovery in investment in plant and equipment and consumer spending amid improvements in theemployment and income environments, However, uncertainty remained, partly due to the effects of price increases
and exchange rate fluctuations.
In the construction industry, housing construction investment remained weak due to the impact of rising construction
costs. Even so, the order environment continued to be favorable, chiefly reflecting solid private sector construction
investment against the backdrop of a rising appetite for capital investment, and robust public investment linked tothe execution of related budgets. In terms of profitability, however, difficult conditions remained, mainly due to higher
material prices and labor costs.
Under these operating conditions, the Kumagai Gumi Group is pursuing initiatives for sustainable growth by moving
forward as a team with The Kumagai Gumi Group Medium-Term Management Plan (FY2024-FY2026) – A New Path
toward Sustainable Growth – which was adopted in May 2024. The plan highlights the basic policies of (i) strengthening
the construction business, (ii) accelerating peripheral businesses, and (iii) enhancing management base.
Looking at the consolidated results for the first quarter under review, net sales (completed contracts) rose 11.7
billion yen (13.0%) year on year, to 102.6 billion yen, mainly attributable to steady execution of order backlog.
On the profit side, operating profit increased 0.04 billion yen (9.9%) year on year, to 0.4 billion yen, mainly due to anincrease in net sales, while ordinary profit decreased 0.1 billion yen (28.9%) year on year, to 0.3 billion yen partly due
to an increase in financial expenses. Profit attributable to owners of parent was 0.1 billion yen, up 0.04 billion yen(59.3%), owing to income taxes of 0.2 billion yen and other adjustments.
（２）Overview of financial condition
Total assets at the end of the first quarter under review were 436.2 billion yen, a decline of 31.0 billion yen (6.6%)
from the end of the previous fiscal year, mainly reflecting progress in the collection of receivables such as notes
receivable, accounts receivable from completed construction contracts and other, and accounts receivable - otherand a decrease in cash and deposits partly linked to the redemption of commercial papers.
Total liabilities fell 26.0 billion yen (9.1%) from the end of the previous fiscal year, to 261.1 billion yen, chiefly owning
to the payment of payables such as notes payable, accounts payable for construction contracts and other, as wellas the redemption of commercial papers.
Net assets declined 4.9 billion yen (2.8%) from the end of the previous fiscal year, to 175.0 billion yen, partly due tothe payment of dividends, despite an increase in the valuation difference on available-for-sale securities associatedwith a rise in the market prices of listed shares owned by the Company, and the posting of profit attributable toowners of parent. The shareholders' equity ratio was 40.1%, improving 1.6 pt from 38.5% at the end of the previous
fiscal year.

2（３）Explanation of information on future forecasts, including the consolidated earnings forecasts
Looking ahead, the Japanese economy is expected to continue to recover moderately due to the effects of a rangeof measures implemented by the government amid improvements in the employment and income environments.
Nonetheless, there are risks that may cause a downturn in overseas economies, such as the impact of persistently
high interest rates in Europe and the United States and the continued stagnation of the real estate market in China.
In addition, careful attention should be paid to geopolitical issues such as the situation in the Middle East, as well as
the effects of price increases and fluctuations in financial and capital markets.
In the construction industry, building investment by private-sector enterprises is expected to remain firm, partly due
to improvement of corporate earnings. Moreover, given that a budget on par with the year-ago level was secured forfiscal 2024, public investment is likely to remain solid, reflecting systematic investment for the prevention andreduction of disasters, as well as the building of national resilience, amid growing concern over the sustainability offoundations that support people's living and industrial development, given phenomena such as intensifying andincreasingly frequent natural disasters and decaying social infrastructure. Meanwhile, attention should be paid totrends in risk factors, for example, high crude oil prices and rising construction material prices, that may cause adeterioration of profitability and a contraction of demand.
Under these conditions, the Group developed The Kumagai Gumi Group Medium-Term Management Plan (FY2024FY2026) – A New Path toward Sustainable Growth- in May 2024. As a leader in the construction service industry
that is sought by society, the Group will follow the long-term vision it set out in the previous plan while also setting
FY2026 financial targets of consolidated net sales of 500 billion yen, consolidated ordinary profit of 30 billion yen andthe ROE of 10% or higher, as it seeks to realize a society in which limited resources are recycled and people, society,and nature continue to prosper. The Group will continue striving for sustainable growth by working as a team on
this plan.
In view of the conditions described above and business results for the first quarter ended June 30, 2024, there are
currently no changes to the consolidated earnings forecasts and the non-consolidated earnings forecasts for the
fiscal year ending March 31, 2025 announced on May 14, 2024.

3

２．Quarterly Consolidated Financial Statements（１） Quarterly consolidated balance sheet(millions of yen）
Prior Fiscal Year

Current 1st Quarter（As of March 31, 2024）（As of June 30, 2024）

AssetsCurrent assets
Cash and deposits

70,07357,819Notes receivable, accounts receivable from completed
construction contracts and other266,541

247,422

Costs on construction contracts in progress

8,460

9,952

Accounts receivable - other

22,117

19,262

Other

2,331

3,415

(64)

(55)

369,460

337,816

Buildings and structures, net

9,760

9,698

Land

17,897

17,899Other, net

2,144

2,168

Total property, plant and equipment

29,80329,767

Intangible assets

1,592

1,600

Investment securities

48,58649,224Long-term loans receivable

6,860

6,878

Long-term non-operating accounts receivable

101

103

Distressed receivables

30

30

Deferred tax assets

3,547

3,407

Other

7,447

7,590

Allowance for doubtful accounts

(196)

(205)

Total investments and other assets

66,37667,026

Total non-current assets

97,771

98,393

Total assets

467,232

436,210

Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment

Investments and other assets

4

(millions of yen）
Prior Fiscal Year

Current 1st Quarter（As of March 31, 2024）（As of June 30, 2024）

Liabilities
Current liabilities
Notes payable, accounts payable for construction contracts
and other

100,457

80,000Electronically recorded obligations - operating

29,15835,852

Short-term borrowings

10,906

10,906

Commercial papers

14,9994,999

Income taxes payable

3,439

475

Advances received on construction contracts in progress

23,13026,533

Deposits received

36,66937,023522

501

Provision for loss on construction contracts

3,820

3,072

Provision for bonuses

4,097

1,947

Other

16,26016,092

Total current liabilities

243,460

217,405

26,474

26,414

Provision for share awards

292

268

Retirement benefit liability

16,433

16,454556

643

Total non-current liabilities

43,75743,780Total liabilities

287,218

261,186

Share capital

30,10830,108

Capital surplus

15,17015,170Retained earnings

120,115

114,606

Treasury shares

(657)

(617)

164,737

159,268

13,437

13,8093(122)

Foreign currency translation adjustment

1,887

2,117

Remeasurements of defined benefit plans

(50)

(48)

Total accumulated other comprehensive income

15,27615,755

Total net assets

180,014175,024

Total liabilities and net assets

467,232

436,210

Provision for warranties for completed construction

Non-current liabilities
Long-term borrowings

Other

Net assets
Shareholders' equity

Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

5（２） Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive income
Quarterly consolidated statement of income （Cumulative total）(millions of yen）

Net sales of completed construction contracts
Cost of sales of completed construction contracts

FY2023 1st Quarter

FY2024 1st Quarter（Apr 1, 2023－Jun 30, 2023）
90,891（Apr 1, 2024－Jun 30, 2024）
102,676

85,06096,484Gross profit on completed construction contracts

5,830

6,192

Selling, general and administrative expenses

5,420

5,740

410

451

Interest income

14

48

Dividend income

71

77

Operating profit
Non-operating income

Share of profit of entities accounted for using equity method

22－

Foreign exchange gains

94

83

Other

20

24

Total non-operating income

222

233

Interest expenses

66

115

Share of loss of entities accounted for using equity method－

17

Commission for syndicated loans

768

Loss on investments in investment partnerships

2285

Non-operating expenses

Other

13

25

Total non-operating expenses

109

312

Ordinary profit

523

372

Extraordinary income
Gain on sales of non-current assets

10Gain on sales of memberships－

1

Total extraordinary income

1

1

2

3

112

8

－

6

Extraordinary losses
Loss on retirement of non-current assets
Compensation for damage
Provision of allowance for doubtful accounts
Other

28

0

Total extraordinary losses

142

19

Profit before income taxes

382

354

Income taxes - current

212

215

Income taxes - deferred

101

30

Total income taxes

314

245

Profit68

109

Profit attributable to owners of parent

68

109

6

Quarterly consolidated statement of comprehensive income (Cumulative total)(millions of yen）
FY2023 1st Quarter

FY2024 1st Quarter（Apr 1, 2023－Jun 30, 2023）（Apr 1, 2024－Jun 30, 2024）

68

109

3,495

371

－

(125)

127

230

Remeasurements of defined benefit plans, net of tax

5

1

Share of other comprehensive income of entities accounted for using
equity method

00Total other comprehensive income

3,629

479

Comprehensive income

3,697

588

3,697

588

－

－

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests7（３） Notes to Quarterly Consolidated Financial Statements(Notes on changes in accounting policies)(Application of the Accounting Standard for Current Income Taxes, etc.)
The Company has applied Accounting Standard for Current Income Taxes (Accounting Standards Board of The Japan(ASBJ) Statement No. 27, October 28, 2022; hereinafter referred to as the "Revised Accounting Standard 2022")
effective from beginning of the first quarter of the fiscal year under review.
The amendment to categories in which current income taxes should be recorded (taxes on other comprehensive
income) follows the transitional treatment prescribed in the proviso of paragraph 20-3 of the Revised AccountingStandard 2022 and the transitional treatment prescribed in the proviso (2) of paragraph 65-2 of the Implementation
Guidance on Tax Effect Accounting (ASBJ Guidance No. 28, October 28, 2022; hereinafter referred to as the“ Revised Implementation Guidance 2022 ” ). This change in accounting policies has no impact on the quarterly
consolidated financial statements.
For the amendment related to the revised accounting treatment for consolidated financial statements when gains orlosses on sale of shares in subsidiaries resulting from transactions between consolidated companies were deferred
for tax purposes, the Revised Implementation Guidance 2022 has been adopted from the beginning of the first quarterof the fiscal year under review. This change in accounting policies is applied retroactively, and the change is reflectedin the quarterly consolidated financial statements and consolidated financial statements for the previous fiscal year.
This change in accounting policies has no impact on the quarterly consolidated financial statements for the samequarter of the previous fiscal year and the consolidated financial statements for the previous fiscal year.
(Notes on Segment Information)
FY2023 1st Quarter （Apr 1, 2023－Jun 30, 2023）
Reportable segment sales, profit or loss and revenue breakdown information(millions of yen)

Reportable segments

Net Sales
Revenue from contracts with customers
Other revenue
Sales to customers
Intersegment sales and transfers
Total
Segment profit (loss)

Civil
engineering

Building
construction

Subsidiaries

20,518－20,518－20,518(444)

50,94976
51,026
051,026781

19,003342
19,346
2,142
21,48956

Total

90,472418
90,891
2,143
93,034393

Ajustments(Note1)

Amounts on
Quarterly
consolidated
statement ofincome(Note2)－－－(2,143)(2,143)
17

90,472418
90,891－90,891410(Note1) The segment profit (loss) adjustment is for the elimination of intersegment transactions.
(Note2) Segment profit (loss) is adjusted with operating profit recorded under the quarterly consolidated statement of income.
(Note3) Other revenue is a rental income based on the Accounting Standard for Lease Transactions (ASBJ statement No. 13 issued(Note3) on March 30, 2007).

FY2024 1st Quarter （Apr 1, 2024－Jun 30, 2024）
Reportable segment sales, profit or loss and revenue breakdown information(millions of yen)

Reportable segments

Net Sales
Revenue from contracts with customers
Other revenue
Sales to customers
Intersegment sales and transfers
Total
Segment profit (loss)

Civil
engineering

Building
construction

Subsidiaries

22,304－22,304－22,304425

54,92291
55,014055,014(375)

25,053303
25,3572,109
27,466387

Total

102,280395
102,676
2,109
104,785
437

Ajustments(Note1)

Amounts on
Quarterly
consolidated
statement ofincome(Note2)－－－(2,109)(2,109)13

102,280395
102,676－
102,676451(Note1) The segment profit (loss) adjustment is for the elimination of intersegment transactions.
(Note2) Segment profit (loss) is adjusted with operating profit recorded under the quarterly consolidated statement of income.
(Note3) Other revenue is a rental income based on the Accounting Standard for Lease Transactions (ASBJ statement No. 13 issued(Note3) on March 30, 2007).

8

(Notes in the case of significant changes in shareholders’ equity)
Not applicable(Notes related to the going concern assumption)
Not applicable(Notes on quarterly consolidated statements of cash flows)
The Company did not prepare quarterly consolidated statements of cash flows for the first quarter under review.
Depreciation (including amortization of intangible assets excluding goodwill) for the first quarter under review is
as follows.

FY2023 1st Quarter（Apr 1, 2023－Jun 30, 2023）
Depreciation

494 million yen

9

FY2024 1st Quarter（Apr 1, 2024－Jun 30, 2024）
498 million yen

３． Quarterly Nonconsolidated Financial Statements（１） Quarterly nonconsolidated balance sheet(millions of yen）
Prior Fiscal Year

Current 1st Quarter（As of March 31, 2024）（As of June 30, 2024）

AssetsCurrent assets
Cash and deposits

39,22625,600Notes receivable, accounts receivable from completed
construction contracts and other228,758

218,358

Costs on construction contracts in progress

7,389

8,170

Other

22,935

18,341(25)(23)

298,284

270,448

Buildings and structures, net

5,848

5,805

Land

14,93914,941

947

909

Total property, plant and equipment

21,736

21,656

Intangible assets

1,409

1,428

Investment securities

10,853

10,339

Shares of subsidiaries and associates

36,28938,328Deferred tax assets

2,274

2,104

Other

12,06012,181－(1)

Total investments and other assets

61,476

62,953

Total non-current assets

84,622

86,038

Total assets

382,906

356,486

Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment

Other, net

Investments and other assets

Allowance for doubtful accounts

10

(millions of yen）
Prior Fiscal Year

Current 1st Quarter（As of March 31, 2024）（As of June 30, 2024）

Liabilities
Current liabilities
Notes payable, accounts payable for construction contracts
and other

69,28752,171

Electronically recorded obligations - operating

28,20335,031

Short-term borrowings

10,706

10,706

Commercial papers

14,999

4,999

3

3

Advances received on construction contracts in progress

21,816

24,410

Deposits received

34,89634,455465

442

Provision for loss on construction contracts

3,787

3,014

Provision for bonuses

2,718

1,331

Other

15,397

13,457

Total current liabilities

202,280

180,023

26,474

26,414

4

3

Provision for stock payments

292

268

Provision for retirement benefits

13,966

13,978324

423

Total non-current liabilities

41,062

41,088

Total liabilities

243,342

221,111

Share capital

30,10830,108

Capital surplus

15,17015,170Retained earnings

81,42876,951

Treasury shares

(527)

(488)

126,179

121,742

13,381

13,755

3(122)

Total valuation and translation adjustments

13,384

13,632

Total net assets

139,563

135,375

Total liabilities and net assets

382,906

356,486

Lease obligations

Provision for warranties for completed construction

Non-current liabilities
Long-term borrowings
Lease obligations

Other

Net assets
Shareholders' equity

Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges11（２） Quarterly nonconsolidated statement of income (Cumulative total)(millions of yen）
FY2023 1st Quarter

FY2024 1st Quarter（Apr 1, 2023－Jun 30, 2023）
71,545（Apr 1, 2024－Jun 30, 2024）
77,319

Cost of sales of completed construction contracts

67,102

72,910Gross profit on completed construction contracts

4,443

4,408

Selling, general and administrative expenses

4,105

4,358

337

50

Net sales of completed construction contracts

Operating profit
Non-operating income
Interest income

537

Dividend income

1,198

1,501

Foreign exchange gains

80

69

Other

18

22

1,303

1,631

Interest expenses

70

121

Commission for syndicated loans

768

Total non-operating income
Non-operating expenses

Loss on investments in investment partnerships

22

85

Other

10

20

Total non-operating expenses

110

295

1,530

1,385

Ordinary profit
Extraordinary income
Gain on sales of non-current assets－

0Gain on sales of memberships－

1

Total extraordinary income－

1

Extraordinary losses
Compensation for damage

112

8

Loss on litigation

12

－

0

0

Total extraordinary losses

Other

125

9

Profit before income taxes

1,404

1,377

Income taxes - current

91

176

Income taxes - deferred

252

60

Total income taxes
Profit

12

344

236

1,060

1,141

４． Supplementary Information（１） Orders received, net sales and carried-forward （Nonconsolidated）(millions of yen)
FY2023 1st QuarterApr 1, 2023－Jun 30, 2023
Composition
ratio ％

AmountPublicFY2024 1st QuarterApr 1, 2024－Jun 30, 2024

9,960

15.3

ChangeComposition
ratio ％

Amount16,15820.0

Amount％6,197

Private

6,331

9.7

7,329

9.0

998

15.8

Domestic

16,291

25.0

23,487

29.0

7,195

44.2

Overseas

－

－

－

－

－

－

Civil engineering

16,291

25.0

23,487

29.0

7,195

44.2

Public

436

0.6

1,939

2.4

1,503

344.3

Private48,52974.4

51,530

63.6

3,000

6.2

Domestic

48,96675.0

53,470

66.0

4,503

9.2

Overseas
Building construction

3

0.0

4,086

5.0

4,082

－

48,96975.0

57,556

71.0

8,586

17.5
74.1

Public10,397

15.9

18,097

22.4

7,700

Private54,86084.1

58,860

72.6

3,999

7.3

Domestic

65,258100.0

76,95895.0

11,69917.9

Overseas
Orders received-Total

3

0.0

4,086

5.0

4,082

－

65,261

100

81,044100

15,782

24.2

Public10,28414.4

12,854

16.6

2,569

25.0

Private10,234

14.3

8,833

11.4

(1,400)(13.7)

Domestic

20,51828.7

21,688

28.0

1,169

5.7

Overseas

－

－

616

0.8

616

－

Civil engineering

20,51828.7

22,304

28.8

1,785

8.7

Public

4,353

6.1

4,679

6.1

325

7.5

Private46,31064.7

50,333

65.1

4,023

8.7

Domestic

50,66470.8

55,013

71.2

4,349

8.6

Overseas

361

0.5

1

0.0

(360)

(99.6)

51,026

71.3

55,014

71.2

3,988

7.8

Building construction
Public14,63820.5

17,534

22.7

2,895

19.8

Private56,54479.0

59,167

76.5

2,622

4.6

Domestic

71,183

99.5

76,701

99.2

5,518

7.8

Overseas

361

0.5

617

0.8

255

70.5

Net sales-Total

71,545100

77,319

100

5,773

8.1

Public81,321

15.4

77,661

13.2(3,660)(4.5)

Private109,560

20.7

112,007

19.1

2,446

2.2

Domestic

190,88236.1

189,668

32.3(1,213)(0.6)

Overseas－－

13,061

2.2

13,061－

Civil engineering

190,88236.1

202,730

34.5

11,848

6.2

Public52,74010.0

53,185

9.1

444

0.8

Private284,97053.9

326,768

55.7

41,798

14.7

Domestic

337,71163.9

379,95464.8

42,242

12.5

Overseas

0

0.0

4,205

0.7

4,205

－

337,71163.9

384,159

65.5

46,44813.8

134,06225.4

130,84622.3(3,215)(2.4)

Building construction
PublicPrivate394,53174.6

438,77674.8

44,245

11.2

Domestic

528,593

100.0

569,623

97.1

41,0297.8

Overseas00.0

17,2672.9

17,267－

528,593100

586,890100

58,296

11.0

Carried-forward-Total(Note) To calculate the total amount carried forward to the next fiscal year, the amount of foreign currency-denominated work carriedforward has been translated at exchange rates on the closing date
(Not

62.2

(FY2023 1st Quarter: Increased by 35 million yen, FY2024 1st Quarter: Increased by 751million yen).
13

（２） Financial Highlights(100 millions of yen)

Consolidated（Forecasts of Operating Results for Full year）（Operating Results）
A

B

FY2023
1st Quarter

FY2024
1st Quarter

Net sales
Gross profit（Ratio）

B-A

％

C

D

FY2023ResultFY2024（Forecasts）

D-C

％

909

1,027

118

13.0

4,432

4,622

190

4.3

58

62

4

6.2

361

395

34

9.5

6.4%

6.0%

(0.4)%

8.1%

8.5%

0.4%

54

57

3

234

245

11

SG&A expenses

4

5

0

126

150

24

（Ratio）

0.5%

0.4%

(0.1)%

2.9%

3.2%

0.3%

Non-operating income - net

1

(1)

(2)

4

4

0

130

154

24

(4)

(1)

3

(7.2)

126

153

27

21.5

59.3

43
83

52
101

9
18

21.4

Operating profit

Ordinary profit

5

4

(2)

Extraordinary income - net

(1)

(0)

1

Profit before income taxes

4

4

(0)

Income taxes and others
Profit attributable to owners of parent

3
1

2
1

(1)
0

9.9

(28.9)

18.6

18.1

Nonconsolidated（Forecasts of Operating Results for Full year）（Operating Results）
A

B

FY2023
1st Quarter

FY2024
1st Quarter

B-A

％

C

D

FY2023ResultFY2024（Forecasts）

D-C％

Civil engineering

163

235

72

922

1,000

78

Building construction

490

535

45

2,691

2,400

(291)

653

770

117

3,613

3,400

(213)

Domestic
Overseas

0

41

41

Orders received

653

810

158

Civil engineering

205

217

Building construction

507

Domestic
Overseas

142

80

(62)

3,756

3,480

(276)

12

994

1,000

6

550

43

2,274

2,400

126

712

767

55

3,268

3,400

132

4

6

3

11

50

39

715

773

58

3,279

3,450

171

Civil engineering

12

23

11

123

110

(13)

(Ratio)

6.0%

10.7%

4.7%

12.4%

11.0%

(1.4)%

32

20

(12)

122

170

48

(Ratio)

6.3%

3.7%

(2.6)%

5.4%

7.1%

1.7%

44

44

(1)

245

280

35

(Ratio)

6.2%

5.7%

(0.5)%

7.5%

8.2%

0.7%

0

0

0

1

4

3

(Ratio)

2.2%

6.4%

4.2%

11.4%

8.0%

(3.4)%

44

44

(0)

（Ratio）

6.2%

5.7%

(0.5)%

SG&A expenses

41

44

3

Operating profit

3

1

(3)

Net sales

Building construction
Domestic
Overseas
Gross profit

24.2

8.1

(0.8)

(85.1)

246

284

38

7.5%

8.2%

0.7%

180

188

8

66

96

30
0.8%

（Ratio）

0.5%

0.1%

(0.4)%

2.0%

2.8%

Non-operating income - net

12

13

1

12

14

2

Ordinary profit

15

14

(1)

79

110

31

Extraordinary income - net

(1)

(0)

1

Profit before income taxes

14

14

(0)

Income taxes and others
Profit

3
11

2
11

(1)
1

14

(9.4)

(7.3)

5.2

15.3

45.0

39.9

(3)

0

3

(1.9)

76

110

34

44.7

7.6

23
53

34
76

11
23

43.1