Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In theevent of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Consolidated Financial Results
for the Fiscal Year Ended March 31, 2021
[Japanese GAAP]May 14, 2021
Company name: Sanoyas Holdings Corporation
Stock exchange listing: Tokyo Stock Exchange
Code number: 7022
URL: http://www.sanoyas.co.jp/
Representative: Isao Kitatsuji, President
Contact: Naoya Fukui, General Manager, Finance Department
Phone: +81-6-4803-6171
Email: info@sanoyas.co.jp
Scheduled date of Annual General Meeting of Shareholders: June 22, 2021
Scheduled date of filing annual securities report: June 22, 2021
Scheduled date of commencing dividend payments: June 23, 2021
Availability of supplementary briefing material on annual financial results: Not available(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2021 (April 1, 2020 to March 31, 2021)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit (loss)
Operating profit
Net sales
Ordinary profit (loss)
attributable to(loss)
owners of parent
Fiscal year ended
Million yen%
Million yen%
Million yen%
Million yen%
March 31, 2021
44,628 (10.4)(5,267)–(5,154)–(3,685)–
March 31, 2020
49,805
3.5(1,775)–(1,710)–(2,211)–(Note) Comprehensive income: Fiscal year ended March 31, 2021: ¥(4,437) million [–%]
Fiscal year ended March 31, 2020: ¥(2,862) million [–%]
Basic earnings
per share

Diluted earnings
per share

Return on equity

Rate of ordinary
profit (loss) tototal assets

Rate of operating
profit (loss) to
net sales%%%
Fiscal year ended
Yen
Yen
March 31, 2021
(112.47)–(39.7)(11.4)(11.8)March 31, 2020
(67.87)–(16.9)(2.6)(3.6)(Reference) Profit (loss) on equity method investments: Fiscal year ended March 31, 2021: ¥52 million
Fiscal year ended March 31, 2020: ¥238 million(Note) Diluted earnings per share for the Fiscal Year Ended March 31, 2021 are not shown in above table as a net loss
per share was posted.

(2) Consolidated Financial Position
Total assets

Net assets

Million yen

As of March 31, 2021
26,401
As of March 31, 2020
63,681(Reference) Equity: As of March 31, 2021: ¥7,009 million
As of March 31, 2020: ¥11,571 million

Equity ratio

Net assets per share

Million yen

%

Yen

7,098
11,66026.5
18.2

213.41354.76

(3) Consolidated Cash Flows
Cash flows fromoperating activities

Fiscal year ended
March 31, 2021
March 31, 2020

Cash flows frominvesting activities

Cash and cash
equivalents at the endof period

Cash flows fromfinancing activities

Million yen

Million yen

Million yen

Million yen(2,680)(3,317)(4,123)(1,534)(2,821)
(605)

5,452
15,053

2. Dividends
Annual dividends
1st
2nd
3rd
Year-endquarter-end quarter-end quarter-end

Total

Total
dividends

Payoutratio(consolidated)

Dividends
to netassets(consolidated)

Fiscal year ended
Yen
Yen
Yen
Yen
Yen Million yen%%
March 31, 2020
–
0.00
–
5.00
5.00
163
–
1.2
March 31, 2021
–
0.00
–
5.00
5.00
164
–
1.8
Fiscal year ending
March 31, 2022
–
–
–
5.00
5.00
54.6
(Forecast)(Note) Dividends for the fiscal year ended March 31, 2021 is planned to be paid out of other capital surplus. For
details, please refer to “Breakdown of dividends paid out of other capital surplus” below.
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022 (April 1, 2021 to March
31, 2022)(% indicates changes from the previous corresponding period.)
Net sales
Million yen

Full year

Operating profit

Ordinary profit(loss)(loss)

Profit (loss)
attributable toowners of parent

Basic earnings
per share%

Million yen%

Million yen%

Million yen%

Yen

20,000 (55.2)

600

–

500

–

300

–

9.16

* Notes:(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting inchanges in scope of consolidation): New — company ( ) , Exclusion — company (Sanoyas Shipbuilding Corporation,
Sanoyas Rides Australia Pty Ltd)

(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
March 31, 2021: 32,890,166 shares
March 31, 2020: 32,637,500 shares2) Total number of treasury shares at the end of the period:
March 31, 2021: 42,742 shares
March 31, 2020: 20,715 shares
3) Average number of shares during the period:
Fiscal Year Ended March 31, 2021: 32,766,328 sharesFiscal Year Ended March 31, 2020: 32,590,754 shares* These consolidated financial results are outside the scope of audit* Explanation of the proper use of financial results forecast and other notes
The earnings forecasts and other forward-looking statements herein are based on information currently available
and certain assumptions deemed reasonable. Actual results may differ significantly from these forecasts due to awide range of factors.
Breakdown of dividends paid out of other capital surplus
The following provides the breakdown of dividends for the fiscal year ended March 31, 2020 that were paid out ofother capital surplus:
Record date for dividend: March 31, 2021
Dividend per share: ¥5.00
Total dividends: ¥164 million

1. Summary of Business Results
With the world in turmoil due to the pandemic, in the business environment surrounding the Sanoyas Group, ourShipbuilding & Engineering business is still facing difficult circumstances reflecting continuous “twin surpluses” ofshipping tonnage and shipbuilding capacity, government subsidies to our competing Chinese and South Korean
shipyards and sluggish shipping market caused by global economic slump. The shipping market for bulk carriers
remained weak until the middle of 2020. Though some dry bulk shipping indices have been showing an upward
trend from the latter half of 2020 to the present, time charter rates remain at a low level and the price of new ships
has not recovered yet.
As a result, on February 28, 2021, we decided to transfer the ownership of Sanoyas Shipbuilding Corporation which
is our subsidiary of Shipbuilding & Engineering business to SHIN KURUSHIMA DOCKYARD CO.,LTD. in orderfor Sanoyas Shipbuilding Corporation to continue its shipbuilding business far into the future in light of the recent
business environment and company scale and financial strength necessary to survive on its own.
The plant business section which manufactures and sells food tanks spun off from Sanoyas Shipbuilding Corporation
and was transferred to Sanoyas MTG Corporation on January 4, 2021. The business merged with MIZUHOINDUSTRIAL CO., LTD. on April 1, 2021.
In the Shipbuilding business, we have developed new 82,000 DWT type PANAMAX bulk carriers and new 64,000
DWT type ULTRAMAX bulk carriers. These vessels are in accordance with IMO NOx Tier Ⅲ regulation and
IACS Harmonized Common Structural Rules and further improved fuel consumption. In addition, We have newly
developed 41,000 DWT type HANDY SIZE bulk carriers. This type of vessel with wide beam and shallow draft haslarger cargo hold capacity and applies new regulations. We mainly carry out sales promotion for these vessels.
On the other hand, we are working on diversification of the construction menu by promoting sales of passenger
ferries, special purpose vessels and work vessels, etc. in addition to commercial vessels. In addition, we worked tosecure operating volumes by taking orders for the marine business, which we are expanding to supplement the
Shipbuilding business which continues to slump in the price. As to the gas tank business (manufacture of LPG tanks
for marine), we have constructed gas tank production facilities in the Mizushima Shipyard (Kurashiki City, Okayama
Prefecture) in addition to the Osaka Shipyard (Osaka City, Osaka Prefecture) after strengthening the organization.
In the Machinery & Technology business, all shares of Sanoyas Rides Australia Pty Ltd were transferred to ROBUGroup (based in Switzerland) a group of companies engaged in the construction and operation of Ferris wheels
around the world, on January 31, 2021. The ROBU Group has been operating and managing the Ferris wheel"Melbourne Star" since February 1, 2021. Furthermore, following the transfer of the shipbuilding businessmentioned above, from March 2021 onwards, we were reorganized as a medium-sized business group consisting of
8 companies as shown in the table below under the holding company, and we have taken a step toward the succession
and development of the existing business under a new top management.
＜List of business company＞
Company nameSanoyas Engineering Corporation

Main items of business
Manufacturing, sales & rental of construction project
elevators
Manufacturing, sales and maintenance of mechanical car1

parking devices
Manufacturing, sales of shot blast machines
Sanoyas Precision Industry
Corporation
Mizuho Industrial Co., Ltd.
MIZUHO MACHINE(WUXI) CO.,LTD

Yamada Industrial Co., Ltd.

Happiness Electric Corporation
Sanoyas Rides Corporation
Sanoyas Rides Service Corporation

Processing of precision machine parts for the semiconductor
industry
Manufacture of machine parts for special vehicles
Manufacturing and sales of emulsion devices and mixers forcosmetic and pharmaceutical products
Manufacturing and sales of plant wastewater treatment
systems
Design & installation of tank facilities, steel structures
Design & installation of air conditioning, watersupply/wastewater and sanitation facilities
Design, production and installation of medical waste
treatment equipment & devices
Manufacture and sales of power control panels andelectronic switchboards for high buildings
Manufacturing, sales, rental and management of amusementpark equipment and facilities
Operation & management service for amusement parks

Consolidated net sales for the fiscal year ended March 31, 2021 decreased by ¥5,177 million (10.4%) over the same
period of the previous fiscal year, to ¥44,628 million. Under the COVID-19, the Machinery & Technology businessrecorded an operating loss of 15 million yen and was unable to cover the loss of the Shipbuilding & Engineeringbusiness. Operating loss was ¥5,267 million (operating loss of the previous fiscal year was 1,775 million), ordinary
loss was ¥5,154 million (ordinary loss of the previous fiscal year was ¥1,710 million). In extraordinary income orloss, a loss of ¥4,011 million on the sale of the shipbuilding business, a loss of ¥842 million on the sale of the Ferris
wheel management business in Australia, and an impairment loss of ¥1,411 million were recorded, while a gain of¥8,149 million on the sale of investment securities held over a long period of time was recorded as extraordinary
income. Loss attributable to owners of parent was ¥3,685 million (loss attributable to owners of parent of the previous
fiscal year was ¥2,211 million).
As a result of the transfer of the Shipbuilding & Engineering business outside our group on February 28, 2021, theresults of Shipbuilding & Engineering business are reflected in the financial results as of the end of February 2021.

2. Segment Results
Effective from the currentSince the consolidated fiscal year ended March 31, 2021, the Plant business of Sanoyas
Shipbuilding Corporation, which was previously included in the Shipbuilding & Engineering business segment,washas been transferred to Sanoyas Plant Industry Corporation which was newly established in January 2021, andthe segment of the Plant business has been changed to the Machinery & Technology business. The figures for the
consolidated fiscal year ended March 31, 2020 have been restated to reflect the new segment classification.
①Shipbuilding & Engineering business
We tried to secure new orders for vessels under the market in which newbuilding prices have not been recovered dueto the saturated supply-demand balance, with the result that we received new orders of 3 vessels of new 82,000 DWT
type PANAMAX bulk carriers, 4 vessels of new 64,000 DWT type ULTRAMAX bulk carriers and 1 vessel of 88,000
2DWT type PANAMAX bulk carriers. In the meantime, we delivered 1 vessel of 82,000 DWT type PANAMAX bulk
carriers, 3 vessels of new 82,000 DWT type PANAMAX bulk carriers, and 1 vessel of 60,000 DWT type
SUPRAMAX bulk carriers. As to marine business and gas tank business, we focused on sales of repairing services
for vessels of public and private sectors and LPG tanks.
The segment net sales ended March 31, 2021 decreased by ¥2,254 million (8.0%) over the same period of theprevious fiscal year, to ¥25,915 million. In addition to higher costs due to higher prices of materials and equipment,
the evaluated net sales of the backlog of shipbuilding orders on a US dollar basis decreased because Japanese Yen
has been stronger against the US dollar continuingly as of the end of February 2021 compared to the end of March
2020. As a result, the profitability of the vessels deteriorated and the operating loss was ¥4,669 million (operating
loss of the previous fiscal year was ¥2,895 million).
②M & T business
Regarding the Machinery & Technology business, precision machining for semiconductor manufacturing equipment
continued to increase and sales of the electronic switchboard manufacturing business acquired in January 2020
contributed to the business results. On the other hand, domestic and overseas leisure activities were directly affectedby the declaration of a state of emergency in response to the COVID-19 and restrictions on overseas travel. As forthe sales of shot blast machines and plumbing and plant construction, the investment appetite of the customers has
suddenly recededdisappeared. Such a business slump led to a significant decline in the segment results. As a resultof the business activities, the segment net sales ended March 31, 2021 decreased by ¥2,922 million (13.5%) over thesame period of the previous fiscal year, to ¥18,713 million. The operating loss was ¥15 million (operating profit of
the same period of the previous fiscal year was ¥1,512 million). Amount of orders received in the segment was¥14,240 million and the backlog of orders was ¥7,050 million.

32. Consolidated Financial Statements [Japanese GAAP](1) Consolidated Balance Sheets [Japanese GAAP](Million yen)
As of March 31, 2020
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims - operating
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Docks and building berths
Accumulated depreciation
Docks and building berths, net
Machinery, vehicles, tools, furniture and fixtures
Accumulated depreciation
Machinery, vehicles, tools, furniture andfixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Software
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Net defined benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

4

As of March 31, 2021

15,62315,085
535
500
179
1,464
829
3,656
(33)
37,839

5,612
4,155
559
－
162
1,108
685
1,364
(9)
13,63820,686(14,376)
6,310
4,763
(3,663)
1,099
34,761(31,133)

5,739(3,214)
2,524－－－
14,546(12,815)

3,628

1,730

5,168
158
16,365

2,873
244
7,372

550
901
39
1,490

114
806
17
938

5,894
401
231
254
1,346
(143)
7,984
25,841
63,681

3,728
2
86
306
337
(9)
4,451
12,762
26,401

(Million yen)
As of March 31, 2020
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Current portion of long-term loans payable
Income taxes payable
Advances received
Provision for bonuses
Provision for construction warranties
Provision for loss on construction contracts
Provision for removal cost of property andequipment
Lease obligations
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Lease obligations
Deferred tax liabilities
Provision for removal cost of property and equipment
Net defined benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gain (loss) on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition right
Total net assets
Total liabilities and net assets

5

As of March 31, 2021

10,973
5,442
3,665
200
2,696
534
287
2,286

3,368
1,800
2,890
69
661
333
76
–

90

23

261
1,845
28,284251
683
10,157

14,214
1,823
2,181
8
5,024
450
33
23,73652,020

4,009
1,093
1,618
–
1,709
704
8
9,145
19,302

2,542
405
6,364
(5)
9,306

2,563
263
2,679
(9)
5,496

2,708
11
(286)
(169)
2,264
89
11,66063,681

1,566
–
(5)
(48)
1,512
89
7,098
26,401

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income [Japanese
GAAP]
Consolidated Statements of Income [Japanese GAAP](Million yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating loss
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodSubsidies for employment adjustment
Foreign exchange gain
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary loss
Extraordinary income
Gain on sales of investment securities
Gain on sale of non-current assets
Total extraordinary income
Extraordinary loss
Losses on sales of shares of subsidiaries and associates
and others
Impairment loss
Provision for assets removal
Loss on abolishment of transition benefit plan
Loss on liquidation of subsidiaries and affiliates
Total extraordinary loss
Loss before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Loss
Loss attributable to owners of parent

For the fiscal year
ended March 31, 2020
49,80546,477
3,328
5,103(1,775)For the fiscal year
ended March 31, 2021
44,62844,388240
5,508(5,267)

11
132

11
116

238

52

–
–
43
426

108
56
180
525

268
92
361
(1,710)332
80
412(5,154)

578
399
977

8,149
–
8,149

－

4,853

1,123
99

1,411
–
57
2
6,324
(3,329)
425
(69)
355
(3,685)(3,685)－－

1,223(1,956)
272
(17)
255
(2,211)(2,211)

6

Consolidated Statements of Comprehensive Income [Japanese GAAP](Million yen)
For the fiscal year
ended March 31, 2020
Loss

For the fiscal year
ended March 31, 2021

(2,211)(3,685)(600)(1,142)

16

(13)

(114)

276

52

120

(4)

6

Comprehensive income(650)(2,862)(752)(4,437)

Comprehensive income (loss) attributable to
Owners of the parent(2,862)(4,437)－－

Other comprehensive loss (income)
Valuation difference on available-for-sale securities
Deferred gain (loss) on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Comprehensive loss (income) of affiliates
accounted for by the equity method
attributable to the Company
Total other comprehensive loss (income)Non-controlling interests7(3) Consolidated Statements of Cash Flows [Japanese GAAP](Million yen)
For the fiscal year
ended March 31, 2020
Cash flows from operating activities
Loss before income taxes
Depreciation
Impairment loss
Amortization of goodwill
Increase (decrease) in net defined benefit liability
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for construction
warranties
Increase (decrease) in provision for loss on construction
contracts
Increase (decrease) in provision for removal cost of
property and equipment
Interest and dividend income
Interest expenses
Foreign exchange loss (gain)
Subsidies for employment adjustment etc
Loss(gain) on sale of non-current assets
Loss (gain) on sales of investment securities
Losses on sales of shares of subsidiaries and associates
and others
Decrease (increase) in notes and accounts receivable –trade
Decrease (increase) in inventories
Decrease (increase) in advance payment
Increase (decrease) in notes and accounts payable - trade
Increase (decrease) in advances received
Decrease (increase) in consumption taxes refund
receivable
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Proceeds from dividends income from affiliates
accounted for by equity method
Subsidies for employment adjustment etc
Proceeds from insurance income
Income taxes paid
Net cash provided by (used in) operating activities

8

For the fiscal year
ended March 31, 2021

(1,956)
1,577
1,123
84
361
52
(2)

(3,329)
1,536
1,411
94
46
(54)
(72)

113

(154)

(822)

2,920

99

(1)

(143)
268
17
－
(395)

(127)
332
(7)
(108)
(46)

(578)

(8,149)

－

4,853

857

(517)

299
(1,014)(1,270)(1,820)

(100)
(223)
972
(629)

(202)

449

(175)
(3,526)
143
(275)

(622)
(1,528)
120
(314)

261

－

－

108

259
(179)
(3,317)(1,066)(2,680)－(Million yen)
For the fiscal year
ended March 31, 2020
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Proceeds from redemption of securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of non-current assets
Purchase of investment securities
Proceeds from sales of investment securities
Proceeds from cancellation of insurance funds
Purchase of investments in subsidiaries resulting inchange in scope of consolidation
Payments for sales of investments in subsidiaries
resulting in change in scope of consolidation
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from sales and leaseback transactions
Cash dividends paid
Repayments of lease obligations
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

For the fiscal year
ended March 31, 2021

(168)
383

9

(142)
552

－

500

(1,970)
765
(364)
(15)
884
－

(933)
132
(173)
(17)
8,380
236

(1,023)－－(12,689)(24)(1,534)29(4,123)

(101)
5,281
(4,480)357
2,286(4,895)

273

－

(162)
(204)
0
605
(23)
(4,269)19,323
15,053

(163)
(407)
0
(2,821)
24(9,600)15,0535,452

(Segment Information)
Information concerning Net sales and Operating profit or loss by Reportable business segment
Fiscal Year Ended March 31, 2020 (April 1, 2019 to March 31, 2020)
Reportable segment
Shipbuilding &Engineering
Business

Machinery &Technology
Business

Adjustments(Note 1)

Total

(Million yen)Amount recordedin consolidated
statements ofincome(Note 2)

Net sales
28,17021,63549,805－49,805Internal sales or transfers

429

10

440

(440)

－

Total

28,59921,64650,246(440)

49,805

Segment profit(loss)(2,895)1,512(1,382)

(393)

(1,
775)

Segment assets

34,34629,98464,330(649)

63,681

Depreciation andamortization

810

708

1,519

57

1,577

Amortization of goodwill

－

84

84

－

84

Increase in property, plantand equipment andintangible assets

1,453

443

1,897

393

2,290

External sales

Other items(Note 1) Details of “Adjustments” are as follows:
Adjustments for the segment profit(loss) of ¥(393) million include corporate cost of ¥(418) million not allocated to eachreportable segment, allowance for doubtful accounts of ¥2 million and elimination of inter-segment transaction of ¥23 million.
Adjustments for segment assets of ¥(649) million include corporate assets of ¥6,208million and consolidation adjustments of¥(6,858) million.
Adjustments for depreciation and amortization of ¥57 million include depreciation and amortization of corporate assets of¥92 million and the elimination of transaction between the segments of ¥(1) million.
Adjustment for the increase in property, plant and equipment and intangible assets of ¥393 million include investments incorporate assets of ¥161 million and software of ¥231 million.
Corporate cost consists of general and administrative expenses which do not belong to the reporting segment.
(Note 2) Segment profit(loss) is adjusted with operating profit recorded in the consolidated statements of income.

10

Fiscal Year Ended March 31, 2021 (April 1, 2020 to March 31, 2021)
Reportable segment
Shipbuilding &Engineering
Business

Adjustments(Note 1)

Total

Machinery &Technology
Business(Million yen)Amount recordedin consolidated
statements ofincome(Note 2)

Net sales
25,91518,71344,628－44,628Internal sales or transfers

143

2

145

(145)

－

Total

26,05818,71544,774(145)

44,628Segment loss

(4,669)(15)(4,684)(583)(5,267)

Segment assets－

26,151

26,151249

26,401

Depreciation andamortization

620

722

1,343

193

1,536

Amortization of goodwill

－

94

94

－

94

Increase in property, plantand equipment andintangible assets

1,083

716

1,799

824

2,623

External sales

Other items(Note 1) Details of “Adjustments” are as follows:
Adjustments for the segment loss of ¥(583) million include corporate cost of ¥(612) million not allocated to each reportablesegment, allowance for doubtful accounts of ¥4 million and elimination of inter-segment transaction of ¥24 million.
Adjustments for segment assets of ¥249 million include corporate assets of ¥5,705 million and consolidated adjustment of¥(5,445) million
Adjustments for depreciation and amortization of ¥193 million include depreciation and amortization of corporate assets of¥197 million and the elimination of transaction between the segments of ¥(4) million.
Adjustment for the increase in property, plant and equipment and intangible assets of ¥824 million include investments incorporate assets of ¥4 million and software of ¥820 million.
Corporate cost consists of general and administrative expenses which do not belong to the reporting segment.
(Note 2) Segment loss is adjusted with operating profit recorded in the consolidated statements of income.

11

3. Supplementary information
Status of sales and orders
Segmental sales
Segment

Fiscal Year Ended March 31, 2020 (April 1,
2019 to March 31, 2020)(Million yen)

Shipbuilding &Engineering Business
Machinery &Technology Business
Total

Composition ratio (%)

Fiscal Year Ended March 31, 2021 (April 1,2020 to March 31, 2021)(Million yen)

Composition ratio (%)

28,17056.6

25,915

58.1

21,63543.4

18,71341.9

49,805100.0

44,628100.0

Order status and backlog of orders
Fiscal Year Ended March 31, 2020 (April 1,
2019 to March 31, 2020)
Segment

Shipbuilding &Engineering Business
Machinery &Technology Business
Total

Orders(Million yen)Backlog of orders(Million yen)

Fiscal Year Ended March 31, 2021 (April 1,2020 to March 31, 2021)
Orders(Million yen)Backlog of orders(Million yen)

24,32036,52830,379－13,001

8,149

14,2407,050

37,322

44,67744,6207,050

12