Note: This document has been translated from a part of the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Consolidated Financial Statements for the Period Ending March 2024
[Japanese Standard]
May 9, 2024

Name of listed company: DAI-DAN Co., Ltd.

Stock Exchange Listing:Code No.: 1980 URL: https://www.daidan.co.jp/
Tokyo Stock Exchange Prime Market
Representative of Company: Yasuhiro Yamanaka, Representative Director, President
Inquiries to be addressed to: Yasuo Kamei, Director, Senior Corporate Officer,
Head of General Administration
Tel. (06) 6447 - 8003
Date scheduled to ordinary shareholders general meeting convention: June 27, 2024
Date scheduled to dividend payment commencement:
June 28, 2024
Date scheduled to submit annual securities report:
June 27, 2024
Creating supplements to the financial statement:
Yes
Holding a briefing session on the financial statement:
Yes (for instituted investors and analysts)(Amounts are indicated with figures less than 1 million yen discarded)

1. Consolidated business results for the period ending March 2024 (From April 1, 2023 to March 31, 2024)(Percentage indications show increase or decrease from the previous period.)(1) Consolidated management performance (Cumulative total)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Million yen%
Million yen%
Million yen
Period ending March 2024
197,431
6.2
10,87729.1
11,918Period ending March 2023
185,961
14.1
8,428
11.1
9,288
(Note)
Comprehensive income Period ending March 2024 13,892 Million yen 96.1%
Period ending March 2023 7,083 Million yen 64.7%

Profit per share

Period ending March 2024

%
28.3
14.7

Million yen
9,087
6,626

Diluted Profit per share

Equity capitalvs. profit ratio

Total asset vs.
Ordinary profit
ratio

Yen Sen
－

%
10.3

%
7.7

Yen Sen212.10154.78Period ending March 2023
(Reference) Income from investment in affiliates (Equity method)

Net sales vs.
Operatingprofit ratio

8.3
6.5
－
Period ending March 2024
146 Million yen
Period ending March 2023
― Million yen(Note) The Company conducted a 2-for-1 stock split of shares of common stock, with an effective date of October 1, 2023. “Profit per share” iscalculated assuming that the stock split was executed at the beginning of the previous consolidated accounting year.

(2) Consolidated financial position
Total assets

Net assets

Equity capital ratio

%
37.1
14.7

%
5.5
4.5

Net assets per share

Million yen
Million yen%
Yen Sen
Period ending March 2024
160,553
93,98758.4
2,187.86
Period ending March 2023
148,544
82,42455.4
1,920.67(Reference) Equity capital
Period ending March 2024 93,754 Million yen
Period ending March 2023 82,242 Million yen(Note) The Company conducted a 2-for-1 stock split of shares of common stock, with an effective date of October 1, 2023. “Net assets per share” iscalculated assuming that the stock split was executed at the beginning of the previous consolidated accounting year.

(3) Consolidated cash flows

Period ending March 2024
Period ending March 2023

Cash flows fromoperating activities
Million yen
596
15,941

Cash flows frominvesting activities
Million yen(603)(4,729)Cash flows fromfinancing activities
Million yen(2,829)(2,218)Cash and cash equivalents
at end of period
Million yen
22,66525,348

2. Dividends
End of first quarter

Annual dividends per share
End of second quarter End of third quarter

Yen Sen――Yen Sen
45.00
55.00

Period end

Yen Sen――Through year

Yen Sen
55.00
48.00

Yen Sen
Period ending March 2023
100.00Period ending March 2024―
Period ending March 2025
―
52.00
―
52.00
104.00(Forecast)(Note) 1 The Company conducted a 2-for-1 stock split of shares of common stock, with an effective date of October 1, 2023. Dividends
before the second quarter of the fiscal year ending March 31, 2024, are the actual dividend amount before the stock split. The period end
dividend for the period ending March 31, 2024 shown in the table above reflects the effect of the stock split, and the total annual dividend isshown as "―". Without considering the stock split, the Company plans to pay a period end dividend of 96 yen per share for the fiscal year
ending March 31, 2024.
2 Breakdown of dividend for the period ending March 2023: Ordinary dividend:90yen
Commemorative dividend:10yen (120th anniversary commemorative dividend)

3. Estimate of consolidated performance for the period ending March 2025 (From April 1, 2024, to March 31, 2025)(Percentage indications show increase or decrease from the previous period.)

Net sales
Mil. yen

Operating profit%

Mil. yen%Mil. yen%

250,000
26.6
15,00037.9
15,300(Reference) Estimated net sales of construction contract orders 250,000 Million yen

28.4

11,00021.1

Total period

Mil. yen

Profit attributable toowners of parent

Ordinary profit%

Profit per share
Yen

Sen
256.70* Annotations(1) Changes in key subsidiaries in the period (changes in specific subsidiaries requiring changes of consolidation scope): None
(2) Application of particular accounting to the preparation of quarter consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates, restatement
 Changes in accounting policies due to revision of accounting standards, etc.: None
 Changes in accounting policies other than : None
 Changes in accounting estimates: None Restatement: None
(4) Number of issued shares (common stock) Number of issued shares at the end of
period (including treasury shares)
 Number of treasury shares at the end of
periodPeriod ending
Period ending
45,963,802 shares
45,963,802 shares
March 2024
March 2023
Period ending
Period ending
3,111,494 shares
3,144,134 shares
March 2024
March 2023
Period ending
period ending Average number of shares in the period
42,843,787 shares
42,810,955 shares
March 2024
March 2023
(Note) 1 The Company conducted a 2-for-1 stock split of shares of common stock, with an effective date of October 1, 2023.
“Number of issued shares at the end of period,” “Number of treasury shares at the end of period” and “Average numbers of shares in
the period” are calculated assuming that the stock split was executed at the beginning of the previous consolidated accounting year.
2 The number of treasury shares at the end of the period includes the Company's shares held in the BIP Trust for Directors (180,414
shares for the period ending March 2023, 147,252 shares for the period ending March 2024). In addition, the Company's shares
held in the BIP Trust for Directors (189,489 shares for the period ending March 2023, 155,972 shares for the period ending March
2024) are also included in treasury shares, which is deducted in the calculation of the average number of shares outstanding during
the period.

(Reference) Estimate of individual performance
1. Individual business results for the period ending March 2024 (From April 1, 2023 to March 31, 2024)(Percentage indications show increase or decrease from the previous period.)(1) Individual management performance
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Period ending March 2024
Period ending March 2023

Million yen
186,930
179,619

%
4.1
11.5

Profit per share

Million yen
10,574
8,542

%
23.8
10.8

Million yen
11,515
9,423

%
22.2
14.7

Million yen
8,799
6,775

%
29.9
15.5

Diluted Profit per share

Yen SenYen Sen
Period ending March 2024
205.38―Period ending March 2023
158.26―(Note) The Company conducted a 2-for-1 stock split of shares of common stock, with an effective date of October 1, 2023. “Profit per share” iscalculated assuming that the stock split was executed at the beginning of the previous consolidated accounting year.

(2) Individual financial position
Total assets

Net assets

Equity capital ratio

Net assets per share

Million yen
Million yen%
Yen Sen
Period ending March 2024
151,193
88,79558.7
2,072.12
Period ending March 2023
144,31280,68955.91,884.41(Reference) Equity capital Period ending March 2024 88,795 Million yen
Period ending March 2023 80,689 Million yen(Note) The Company conducted a 2-for-1 stock split of shares of common stock, with an effective date of October 1, 2023. “Net assets per share” iscalculated assuming that the stock split was executed at the beginning of the previous consolidated accounting year.

2.Estimate of individual performance for the period ending March 2025 (From April 1, 2024 to March 31, 2025)(Percentage indications show increase or decrease from the previous period.)

Net sales
Mil. yen

Operating profit%

Mil. yen

Ordinary profit%

Profit per share%

Mil. yen%

Yen Sen

240,000
28.4
15,00041.8
15,300Estimated net sales of construction contract orders 235,000 Million yen

32.9

11,00025.0

256.70Total period(Reference)

ProfitMil. Yen* Brief report on financial statements is beyond the object of audit by CPA or an audit corporation.

* Explanation about adequate use of achievement forecasts and other noteworthy matters(Caution regarding forward-looking statements and others)
The forward-looking statements disclosed herein are based on the information available at the time of preparation of thisdocument and the assumption considered as reasonable.
Consequently, actual results differ materially from forecasts above due to changes in business results.
(How to obtain supplementary explanatory materials for quarterly financial results)
Supplementary explanatory materials for financial results will be available on the Company’s website.

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

 Contents of Information
1. Consolidated Financial Statements and Major Notes ..............................................................................................2(1) Consolidated Balance Sheets .............................................................................................................................2(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income ........................4(Consolidated Statements of Income) ......................................................................................................................4(Consolidated Statements of Comprehensive Income) ............................................................................................5(3) Consolidated Statements of Changes in Equity...................................................................................................6(4) Consolidated Statements of Cash Flows..............................................................................................................8(5) Annotation Items Concerning Consolidated Financial Statements ..................................................................10(Notes to Going Concern Assumption) ..........................................................................................................10
2. Individual Financial Statements and Major Notes ................................................................................................. 11(1) Balance Sheets ................................................................................................................................................. 11(2) Statements of Income .......................................................................................................................................14(3) Statements of Changes in Equity .....................................................................................................................15
3. Supplementary Information ...................................................................................................................................17
Divisional net sales of construction contract orders received, completed construction contracts, anduncompleted construction contracts ......................................................................................................................17

1

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

1. Consolidated Financial Statements and Major Notes(1) Consolidated Balance Sheets(Millions of yen)Previous Consolidated
Accounting Year(As of March 31, 2023)
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts and other
Electronically recorded monetary claims - operating
Costs on construction contracts in progress
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

2

Current Consolidated
Accounting Year(As of March 31, 2024)

25,37922,696

69,62574,901

9,487
671
3,092
(136)
108,120

11,499
726
2,366
(99)
112,090

9,274(4,049)
5,225
708
(133)
574
953
(714)
238
1,280
197
7,516
1,178

10,576(4,343)
6,233
782
(233)
549
860
(526)
333
1,280
0
8,396
1,390

18,79011,4591,611(133)
31,72840,424
148,544

21,16015,997
1,625(107)
38,67548,462
160,553DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(Millions of yen)Previous Consolidated
Accounting Year(As of March 31, 2023)
Liabilities
Current liabilities
Notes payable, accounts payable for construction
contracts
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Advances received on construction contracts inprogress
Provision for share awards
Provision for warranties for completed construction
Provision for loss on construction contracts
Asset retirement obligations
Deposits received
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Deferred tax liabilities
Retirement benefit liability
Long-term accounts payable - other
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

3

Current Consolidated
Accounting Year(As of March 31, 2024)

23,294

21,44912,1092,901
2,258

11,961
2,788
3,336

1,899

1,531

26
48
516
－
9,307
9,169
61,532

28
36
696
99
9,894
9,072
60,895

720
2,660
1,148
5
51
4,587
66,119

369
4,153
1,101
2
43
5,670
66,565

4,479
4,837
68,638(3,132)74,822

4,479
4,837
75,360(3,099)81,577

6,116
112
1,191
7,419
182
82,424
148,544

7,754
308
4,114
12,177232
93,987
160,553DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income(Consolidated Statements of Income)(Millions of yen)

Net sales of completed construction contracts
Cost of sales of completed construction contracts
Gross profit on completed construction contracts
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Insurance fee income
Foreign exchange gains
Share of profit of entities accounted for using equity
methodRental income from real estate
Other
Total non-operating income
Non-operating expenses
Interest expenses
Guarantee commission
Rental expenses on real estateCommitment fees
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sales of investment securities
Reversal of allowance for doubtful accounts
Total extraordinary income
Extraordinary losses
Impairment losses
Loss on retirement of non-current assets
Loss on valuation of investment securities
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

4

Previous Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)
185,961
163,337
22,624
14,195
8,428

Current Consolidated
Accounting Year
(From April 1, 2023
to March 31, 2024)
197,431
171,213
26,217
15,34010,877

12
432
128
327

13
405
170
320

－

146

32
43
976

34
89
1,180

70
8
9
19
8
117
9,288

80
16
10
17
14
139
11,918

3
551
4
559

1
1,574
1
1,578

－
16
－
16
9,830
3,116
82
3,199
6,631
4
6,626

102
24
100
227
13,268
4,668
(520)
4,147
9,121
33
9,087

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(Consolidated Statements of Comprehensive Income)(Millions of yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

5

Previous Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)
6,631

Current Consolidated
Accounting Year
(From April 1, 2023
to March 31, 2024)
9,121

36
94
321

1,638
28
2,923

－

183

452
7,083

4,773
13,894

7,061

13,84422

50

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(3) Consolidated Statements of Changes in Equity
Previous Consolidated Accounting Year (From April 1, 2022 to March 31, 2023)(Millions of yen)
Shareholders' equity
Share capital
Balance at beginning of
periodCapital surplus

4,479

Retained earnings

Treasury shares

Total shareholders'equity63,946(3,166)70,097

4,837

Changes during period
Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity
Total changes during
periodBalance at end of period(1,935)(1,935)

6,626

6,626
(0)

(0)

34

34

－

－

4,691

33

4,725

4,479

4,837

68,638(3,132)74,822

Accumulated other comprehensive income
Total
Valuation
Foreign currency Remeasurements accumulated Non-controlling Total net assets
difference oninterests
translationof defined
otheravailable-foradjustment
benefit plans comprehensive
sale securities
incomeBalance at beginning of
period

6,079

34

870

6,984

160

77,242

Changes during period
Dividends of surplus(1,935)

Profit attributable toowners of parent

6,626

Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity
Total changes during
periodBalance at end of period

(0)
34
36

77

321

435

22

457

36

77

321

435

22

5,182

6,116

112

1,191

7,419

182

82,4246

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

Current Consolidated Accounting Year (From April 1, 2023 to March 31, 2024)(Millions of yen)
Shareholders' equity
Share capital
Balance at beginning of
periodCapital surplus

Retained earnings

Treasury shares

Total shareholders'equity4,837

68,638(3,132)74,822

4,479

Changes during period
Dividends of surplus(2,364)(2,364)

Profit attributable toowners of parent

9,087

9,087

Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity

(0)

(0)

33

33

Total changes during
period

－

－

6,722

32

6,754

Balance at end of period

4,479

4,837

75,360(3,099)81,577

Accumulated other comprehensive income
Total
Valuation
Foreign currency Remeasurements accumulated Non-controlling Total net assets
difference oninterests
translationof defined
otheravailable-foradjustment
benefit plans comprehensive
sale securities
incomeBalance at beginning of
period

6,116

112

1,191

7,419

182

82,424

Changes during period
Dividends of surplus(2,364)

Profit attributable toowners of parent

9,087

Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity
Total changes during
periodBalance at end of period

(0)
33
1,638

195

2,923

4,757

50

4,807

1,638

195

2,923

4,757

50

11,562

7,754

308

4,114

12,177232

93,9877

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(4) Consolidated Statements of Cash Flows(Millions of yen)Previous Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in retirement benefit liability
Interest and dividend income
Interest expenses
Share of loss (profit) of entities accounted for using
equity method
Loss (gain) on valuation of investment securities
Loss (gain) on sale of investment securities
Loss (gain) on sale of non-current assets
Loss on retirement of non-current assets
Impairment losses
Decrease (increase) in trade receivables
Decrease (increase) in costs on construction contracts
in progress
Decrease (increase) in other current assets
Decrease (increase) in other non-current assets
Decrease (increase) in retirement benefit asset
Increase (decrease) in trade payables
Increase (decrease) in advances received on
construction contracts in progress
Increase (decrease) in other current liabilities
Increase (decrease) in other non-current liabilities
SubtotalInterest and dividends received
Interest paid
Income taxes refund (paid)
Net cash provided by (used in) operating activities

8

Current Consolidated
Accounting Year
(From April 1, 2023
to March 31, 2024)

9,830
489
124
(17)
(444)
70

13,268
763
(62)
(13)
(419)
80

－

(146)

－
(551)
(3)
16
－
4,793

100
(1,574)(1)
24
102(7,288)

(206)

(54)

1,040
10
(454)
(670)

575
(0)
(356)
(1,992)

(158)

(367)

3,241
29
17,142444(69)(1,575)
15,941

1,241
(11)
3,859
419
(80)
(3,601)596

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(Millions of yen)Previous Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)
Cash flows from investing activities
Proceeds from withdrawal of time deposits
Payments into time deposits
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Payments for retirement of property, plant andequipment
Purchase of investment securities
Proceeds from sale of investment securities
Loan advances
Proceeds from collection of loans receivable
Purchase of shares of subsidiaries and associates
Other payments
Other proceeds
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from short-term borrowings
Repayments of short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
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

9

Current Consolidated
Accounting Year
(From April 1, 2023
to March 31, 2024)27(30)(1,804)3

30(30)(1,616)
2

(5)

(10)

(3)
744
－
9
(3,078)(658)
67(4,729)

(203)
2,322
(0)
10
(311)
(851)
54
(603)

21,400(21,400)
800(1,083)(0)(1,935)(2,218)42,200(42,200)
250
(714)
(0)
(2,364)(2,829)

317

154

9,310
16,03725,348(2,682)
25,34822,665DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(5) Annotation Items Concerning Consolidated Financial Statements(Notes to Going Concern Assumption)
None

10

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

2. Individual Financial Statements and Major Notes(1) Balance Sheets(Millions of yen)Previous Fiscal Year(As of March 31, 2023)
AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Electronically recorded monetary claims - operating
Accounts receivable from completed construction
contracts
Costs on construction contracts in progress
Prepaid expenses
Advances paid
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Structures
Accumulated depreciation
Structures, net
Machinery and equipment
Accumulated depreciation
Machinery and equipment, net
VehiclesAccumulated depreciation
Vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets

11

Current Fiscal Year(As of March 31, 2024)

23,561
1,091
9,487

19,927301
11,49966,041

71,742

560
8
1,228
1,717
(134)
103,562

683
7
187
2,004
(98)
106,256

9,057(3,899)
5,158
214
(147)
66
563
(22)
541
116
(86)
30
920
(690)
229
1,280
197
7,504

10,336(4,187)
6,148
235
(155)
79
635
(112)
523
116
(92)
23
819
(497)
322
1,280
0
8,378

241
932
1,174

1,259
124
1,383

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(Millions of yen)Previous Fiscal Year(As of March 31, 2023)
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term loans receivable from employees
Long-term loans receivable from subsidiaries andassociates
Guarantee deposits
Distressed receivables
Prepaid pension costs
Golf club membership
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes payable - trade
Electronically recorded obligations - operating
Accounts payable for construction contracts
Short-term loans payable
Current portion of long-term borrowings
Accounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Advances received on construction contracts inprogress
Deposits received
Deposits received from employees
Provision for share awards
Provision for warranties for completed construction
Provision for loss on construction contracts
Asset retirement obligations
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Deferred tax liabilities
Provision for retirement benefits
Long-term accounts payable - other
Other
Total non-current liabilities
Total liabilities

12

Current Fiscal Year(As of March 31, 2024)

15,2164,160
117,055
6,007
－

1,587

633

743
2
9,802
597
90
(130)
32,07240,750144,312757
2
10,159573
90(103)
35,17444,936
151,193448
12,10921,315
2,200
701
1,549
4,215
2,251
2,193

194
11,961
19,680
2,200
588
1,640
5,144
3,254
1,057

1,724

1,066

9,289
936
26
47
516
－
2
59,529

9,884
924
28
34
696
99
2
58,459

720
2,142
1,194
5
30
4,093
63,622

369
2,351
1,177
2
36
3,938
62,397

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(Millions of yen)Previous Fiscal Year(As of March 31, 2023)
Net assets
Shareholders' equity
Share capital
Capital surplus
Legal capital surplus
Other capital surplus
Total capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Reserve for tax purpose reduction entry of noncurrent assets
General reserve
Retained earnings brought forward
Total retained earnings
Treasury shares
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

13

Current Fiscal Year(As of March 31, 2024)

4,479

4,479

4,716
181
4,897

4,716
181
4,897

1,119

1,119

30

27

29,72037,45868,329(3,132)
74,57329,72043,896
74,763(3,099)81,0406,116
6,116
80,689144,312

7,754
7,754
88,795
151,193

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(2) Statements of Income(Millions of yen)Previous Fiscal Year
(From April 1, 2022
to March 31, 2023)
Net sales of completed construction contracts
Cost of sales of completed construction contracts
Gross profit on completed construction contracts
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income from real estate
Insurance fee income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Guarantee commission
Rental expenses on real estateCommitment Fees
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Reversal of allowance for doubtful accounts
Total extraordinary income
Extraordinary losses
Impairment losses
Loss on retirement of non-current assets
Loss on valuation of investment securities
Loss on valuation of shares of subsidiaries and associates
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit14

Current Fiscal Year
(From April 1, 2023
to March 31, 2024)

179,619
157,432
22,187
13,644
8,542

186,930
161,574
25,355
14,780
10,574

36
432
128
327
32
34
992

44
405
170
320
34
85
1,060

63
8
9
19
8
111
9,423

67
16
10
17
8
120
11,515

3
551
4
559

1
1,574
1
1,578

－
16
－
－
16
9,966
3,110
81
3,191
6,775

102
24
0
100
227
12,865
4,580
(513)
4,066
8,799

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

(3) Statements of Changes in Equity
Previous Fiscal Year (From April 1, 2022 to March 31, 2023)(Millions of yen)
Shareholders' equity
Capital surplus

Retained earnings
Other retained earnings

Balance at beginning of period

SharecapitalLegalcapitalsurplus

OthercapitalsurplusTotal
capitalsurplus

4,479

4,716

181

4,897

Reservefor tax
Legalpurposeretained reduction Generalearnings entry of reserve
noncurrent
assets
1,119

34

Total
Retainedearnings retainedbrought earnings
forward29,72032,614

63,4893－

Dividends of surplus(1,935)(1,935)

Profit

6,775

6,775

Changes during period
Reversal of reserve(3)

Purchase of treasury shares
Disposal of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

－

－

－

－

－

(3)

－

4,843

4,840

4,479

4,716

181

4,897

1,119

30

29,72037,45868,329

Shareholders' equity
Treasury shares
Balance at beginning of period

Valuation and translation adjustments

Valuation
Total shareholders'difference on
equityavailable-for-salesecurities(3,166)

69,6996,079

Total valuationand translation
adjustments

Total net assets

6,079

75,779Changes during period
Reversal of reserve－－

Dividends of surplus(1,935)(1,935)

Profit

6,775

6,775

Purchase of treasury shares

(0)

(0)

(0)

Disposal of treasury shares

34

34

34

Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

36

36

36

33

4,874

36

36

4,910

(3,132)

74,573

6,116

6,116

80,68915

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

Current Fiscal Year (From April 1, 2023 to March 31, 2024)(Millions of yen)
Shareholders' equity
Capital surplus

Retained earnings
Other retained earnings

Balance at beginning of period

SharecapitalLegalcapitalsurplus

OthercapitalsurplusTotal
capitalsurplus

4,479

4,716

181

4,897

Reservefor tax
Legalpurposeretained reduction Generalearnings entry of reserve
noncurrent
assets
1,119

30

Total
Retainedearnings retainedbrought earnings
forward29,72037,45868,3293－

Dividends of surplus(2,364)(2,364)

Profit

8,799

8,799

Changes during period
Reversal of reserve(3)

Purchase of treasury shares
Disposal of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

－

－

－

－

－

(3)

－

6,437

6,434

4,479

4,716

181

4,897

1,119

27

29,72043,896

74,763

Shareholders' equity
Treasury shares
Balance at beginning of period

Valuation and translation adjustments

Valuation
Total shareholders'difference on
equityavailable-for-salesecurities(3,132)

74,573

6,116

Total valuationand translation
adjustments

Total net assets

6,116

80,689Changes during period
Reversal of reserve－－

Dividends of surplus(2,364)(2,364)

Profit

8,799

8,799

Purchase of treasury shares

(0)

(0)

(0)

Disposal of treasury shares

33

33

33

Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

1,638

1,638

1,638

32

6,467

1,638

1,638

8,105

(3,099)81,040

7,754

7,754

88,79516

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

2. Supplementary Information
Divisional net sales of construction contract orders received, completed construction contracts, and uncompleted
construction contracts (consolidated)(Millions of yen)Previous Consolidated
Accounting Year

Current Consolidated
Accounting Year

(From April 1, 2022
to March 31, 2023)(From April 1, 2023
to March 31, 2024)

AmountNet sales of uncompleted
construction contracts

Net sales of completed
construction contracts

Net sales of construction
contract orders received

Electrical installations

Component
ratio %

AmountIncrease(decrease)

Component
ratio %

AmountRatio %

28,741

13.9

39,236

15.5

10,49536.5

177,596

86.1

213,89784.5

36,300

20.4

Total

206,337

100.0

253,134

100.0

46,796

22.7(Renovations)

83,691

40.6

83,997

33.2

305

0.4

(Industrial facilities)

91,181

44.2

145,203

57.4

54,022

59.2(Overseas operations)20,3909.9

17,426

6.9(2,964)(14.5)

Electrical installations

32,87917.7

30,88015.6(1,998)(6.1)

153,082

82.3

166,550

84.4

13,467

8.8

Total

185,961

100.0

197,431100.0

11,469

6.2(Renovations)

84,28545.3

81,76941.4(2,515)(3.0)(Industrial facilities)

75,87440.8

86,27743.7

10,402

13.7(Overseas operations)

17,233

9.3

19,023

9.6

1,789

10.4

Electrical installations

19,324

10.5

27,681

11.5

8,356

43.2

164,833

89.5

212,179

88.5

47,346

28.7

Total

184,158

100.0

239,861

100.0

55,702

30.2(Renovations)

36,302

19.7

38,529

16.1

2,227

6.1

(Industrial facilities)

60,56732.9

119,493

49.8

58,926

97.3(Overseas operations)

15,996

8.7

14,4006.0(1,596)(10.0)

Air conditioning
and plumbing
installations

Air conditioning
and plumbing
installations

Air conditioning
and plumbing
installations(Note) 1. The “Air conditioning and plumbing installations” category has been set as a total of air conditioning installations and plumbing
installations.
2. Renovations and Industrial facilities, Overseas operations are aggregated for each type of construction. These includes duplicatedconstruction.

17

DAI-DAN Co., Ltd. (1980), Consolidated Financial Statements for the Period Ending March 2024

Divisional net sales of construction contract orders received, completed construction contracts, and uncompleted
construction contracts (individual)(Millions of yen)Previous Fiscal Year
(From April 1, 2022
to March 31, 2023)
AmountNet sales of uncompleted
construction contracts

Net sales of completed
construction contracts

Net sales of construction
contract orders received

Electrical installations

Component
ratio %

Current Fiscal Year

Increase(From April 1, 2023
to March 31, 2024)(decrease)

AmountComponent
ratio %

AmountRatio %

27,01313.8

38,10015.8

11,08641.0

168,71986.2

202,647

84.2

33,928

20.1

Total

195,732100.0

240,747100.0

45,01423.0(Renovations)

75,815

38.7

73,37230.5(2,442)(3.2)(Industrial facilities)

83,32442.6

137,38957.1

54,06564.9(Overseas operations)

12,268

6.3

7,526

3.1

(4,741)(38.7)

Electrical installations

32,02317.8

29,22915.6(2,793)(8.7)

147,596

82.2

157,700

84.4

10,104

6.8

Total

179,619100.0

186,930

100.0

7,310

4.1

(Renovations)

79,232

44.1

73,231

39.2(6,001)(7.6)(Industrial facilities)

71,323

39.7

78,377

41.9

7,054

9.9

(Overseas operations)

13,0597.3

11,438

6.1(1,620)(12.4)

Electrical installations

18,301

10.2

27,172

11.7

8,870

48.5

160,46989.8

205,41688.3

44,946

28.0

Total

178,771100.0

232,588

100.0

53,817

30.1(Renovations)

32,49318.2

32,635

14.0

141

0.4

(Industrial facilities)

56,577

31.6

115,590

49.7

59,012

104.3(Overseas operations)

11,817

6.6

7,905

3.4

(3,911)(33.1)

Air conditioning
and plumbing
installations

Air conditioning
and plumbing
installations

Air conditioning
and plumbing
installations(Note) 1. The “Air conditioning and plumbing installations” category has been set as a total of air conditioning installations and plumbing
installations.
2. Renovations and Industrial facilities, Overseas operations are aggregated for each type of construction. These includes
duplicated construction.

18