Consolidated Financial StatementsConsolidated Balance Sheets(Thousand yen)As of January 31,2021AssetsCurrent assetsCash and depositsNotes receivable, accounts receivable fromcompleted construction contracts and otherCosts on construction contracts in progressOtherAllowance for doubtful accountsTotal current assetsNon-current assetsProperty, plant and equipmentBuildings and structuresAccumulated depreciationBuildings and structures, netMachinery, vehicles, tools, furniture andfixturesAccumulated depreciationMachinery, vehicles, tools, furniture andfixtures, netLeased assetsAccumulated depreciationLeased assets, netLandConstruction in progressTotal property, plant and equipmentIntangible assetsGoodwillLeased assetsOtherTotal intangible assetsInvestments and other assetsInvestment securitiesShares of subsidiaries and associatesDeferred tax assetsOtherAllowance for doubtful accountsTotal investments and other assetsTotal non-current assetsTotal assetsAs of January 31,20221,367,1262,122,2361,392,3042,212,594115,86574,565(1,699)
2,948,161149,62479,593(2,532)
4,561,517144,865(32,129)
112,736148,857(40,709)
108,147150,350163,161(134,784)(150,367)

15,56612,7932,979(943)2,035116,49046,155292,9832,979(1,539)
1,439116,49076,746315,61712,7084,4796,73323,921220,1003,33513,850237,286159,8402,527,76538,63840,271(820)2,765,6953,082,6006,030,7623,857,6101,67647,318(820)3,905,7844,458,6899,020,206

(Thousand yen)As of January 31,2021LiabilitiesCurrent liabilitiesAccounts payable for construction contracts andotherCurrent portion of long-term borrowingsLease obligationsIncome taxes payableProvision for shareholder benefit programOtherTotal current liabilitiesNon-current liabilitiesLong-term borrowingsRetirement benefit liabilityLease obligationsDeferred tax liabilitiesOtherTotal non-current liabilitiesTotal liabilitiesNet assetsShareholders' equityShare capitalCapital surplusRetained earningsTreasury sharesTotal shareholders' equityAccumulated other comprehensive incomeValuation difference on available-for-salesecuritiesTotal accumulated other comprehensive incomeShare acquisition rightsNon-controlling interestsTotal net assetsTotal liabilities and net assetsAs of January 31,2022558,0391,199,334242,4531,89336,8559,000245,8971,094,138262,6951,909240,65013,500463,5432,181,6322,277,39953,1955,4485,2622,341,3053,435,4432,126,69465,2843,538278,8839,4872,483,8884,665,521417,178378,1481,973,047(200,301)
2,568,071696,130657,1003,308,640(200,362)
4,461,50924,003(126,562)

24,0031,2142,0292,595,3186,030,762(126,562)
17,9741,7634,354,6859,020,206

Consolidated Statements of Income and Comprehensive IncomeConsolidated Statements of Income(Thousand yen)For the fiscal yearended January 31,2021Net salesNet sales of completed construction contractsNet sales in sideline businessesTotal net salesCost of salesCost of sales of completed construction contractsCost of sales in sideline businessesTotal cost of salesGross profitGross profit on completed construction contractsGross profit on sideline businessTotal gross profitSelling, general and administrative expensesRemuneration for directors (and other officers)Employees' salaries and allowancesRetirement benefit expensesProvision for shareholder benefit programOtherTotal selling, general and administrative expensesOperating profitNon-operating incomeDividend incomeRental income from real estateShare of profit of entities accounted for using equitymethodOtherTotal non-operating incomeNon-operating expensesInterest expensesRental expenses on real estateOtherTotal non-operating expensesOrdinary profitExtraordinary incomeGain on exchange from business combinationTotal extraordinary incomeExtraordinary lossesImpairment lossesTotal extraordinary lossesProfit before income taxesIncome taxes - currentIncome taxes - deferredTotal income taxesProfitProfit (loss) attributable to non-controlling interestsProfit attributable to owners of parentFor the fiscal yearended January 31,20223,414,395268,4683,682,8645,736,886229,9965,966,8822,748,678201,4092,950,0884,435,425174,2554,609,681665,71667,059732,7751,301,46055,7401,357,20080,110175,2172,0429,000341,903608,273124,50187,167184,7339,94213,500453,948749,292607,90891,46137,31327,86438,025-201,31215,320144,09510,527277,7287,90829,33618,50955,754212,8427,60230,9806,63045,213840,423-1,275,4491,275,44910,39910,399202,44352,5586,52159,079143,363792142,5712,115,873264,064384,080648,1451,467,727(266)1,467,993

Consolidated Statements of Comprehensive Income(Thousand yen)For the fiscal yearended January 31,2021ProfitOther comprehensive incomeValuation difference on available-for-sale securitiesTotal other comprehensive incomeComprehensive incomeComprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to non-controllinginterestsFor the fiscal yearended January 31,2022143,3631,467,72742,80642,806186,170(150,565)(150,565)
1,317,161185,3781,317,427792(266)Consolidated Statements of Changes in Net AssetsFor the fiscal year ended January 31,2021(Thousand yen)Shareholders' equityShare capitalBalance at beginningof periodChanges duringperiodIssuance of newsharesDividends ofsurplusProfit attributable toowners of parentPurchase of treasurysharesNet changes initems other thanshareholders' equityTotal changesduring periodBalance at end ofperiodCapital surplusRetained earnings417,178378,148--1,962,103(200,124)Total shareholders'equity2,557,305(131,628)(131,628)

142,571142,571(176)(176)--10,943(176)10,766417,178378,1481,973,047(200,301)

2,568,071Accumulated other comprehensiveincomeShare acquisitionValuation difference Total accumulatedrightson available-for-sale other comprehensivesecuritiesincomeBalance at beginningof periodChanges duringperiodIssuance of newsharesDividends ofsurplusProfit attributable toowners of parentPurchase of treasurysharesNet changes initems other thanshareholders' equityTotal changesduring periodBalance at end ofperiodTreasury shares(18,803)(18,803)

1,218Non-controllinginterestsTotal net assets1,2372,540,956(131,628)
142,571(176)42,80642,806(4)79243,59442,80642,806(4)79254,36124,00324,0031,2142,0292,595,318For the fiscal year ended January 31,2022(Thousand yen)Shareholders' equityShare capitalBalance at beginningof periodChanges duringperiodIssuance of newsharesDividends ofsurplusProfit attributable toowners of parentPurchase of treasurysharesNet changes initems other thanshareholders' equityTotal changesduring periodBalance at end ofperiodCapital surplus417,178378,148278,952278,952Retained earnings1,973,047(200,301)

Total shareholders'equity2,568,071557,905(132,400)(132,400)

1,467,9931,467,993(61)(61)278,952278,9521,335,593(61)1,893,437696,130657,1003,308,640(200,362)

4,461,509Accumulated other comprehensiveincomeShare acquisitionValuation difference Total accumulatedrightson available-for-sale other comprehensivesecuritiesincomeBalance at beginningof periodChanges duringperiodIssuance of newsharesDividends ofsurplusProfit attributable toowners of parentPurchase of treasurysharesNet changes initems other thanshareholders' equityTotal changesduring periodBalance at end ofperiodTreasury shares24,00324,0031,214Non-controllinginterestsTotal net assets2,0292,595,318557,905(132,400)
1,467,993(61)(150,565)(150,565)

16,760(266)(134,070)(150,565)(150,565)

16,760(266)1,759,366(126,562)(126,562)

17,9741,7634,354,685

Consolidated Statements of Cash Flows(Thousand yen)For the fiscal yearended January 31,2021Cash flows from operating activitiesProfit before income taxesLossGainOnExchangeFromBusinessCombinationImpairment lossesDepreciationShare of profit of investments accounted for usingequity methodAmortization of goodwillIncrease (decrease) in allowance for doubtful accountsInterest and dividend incomeIncrease (decrease) in provision for shareholderbenefit programIncrease (decrease) in retirement benefit liabilityInterest expensesDecrease (increase) in trade receivablesDecrease (increase) in costs on construction contractsin progressIncrease (decrease) in trade payablesOther, netSubtotalInterest and dividends receivedInterest paidIncome taxes refund (paid)Net cash provided by (used in) operating activitiesCash flows from investing activitiesPurchase of investment securitiesPurchase of property, plant and equipmentPurchase of intangible assetsOther, netNet cash provided by (used in) investing activitiesCash flows from financing activitiesProceeds from long-term borrowingsRepayments of long-term borrowingsRepayments of lease obligationsProceeds from issuance of sharesProceeds from issuance of share acquisition rightsDividends paidOther, netNet cash provided by (used in) financing activitiesNet increase (decrease) in cash and cash equivalentsCash and cash equivalents at beginning of periodCash and cash equivalents at end of periodFor the fiscal yearended January 31,2022202,44310,39928,8162,115,873(1,275,449)
22,371-(201,312)

7,976476(91,462)

14,259(1,080)(27,867)(3,000)4,5002,2107,908(683,781)(15,910)
7,602(506,478)(7,282)(33,759)

210,85225,238(289,205)
91,462(7,929)
97,020(108,653)

256,246178,657537,652117,827(7,578)(110,052)
537,849(47,765)(48,187)(2,615)(2,489)(101,058)(59)(37,916)(11,523)
16,713(32,785)

1,000,000(227,974)(1,872)(131,816)(176)638,160428,448938,6771,367,126(250,259)(1,893)549,85124,888(132,283)
59,742250,046755,1091,367,1262,122,236