Disclaimer: This document is an English translation of the Japanese original which is filed with the Tokyo Stock Exchange and is onlyfor reference purposes. In case of any discrepancy between this translation and the Japanese original, the latter shall prevail.

May 14, 2024

To Whom It May Concern
Company name:

HAZAMA ANDO CORPORATION

Representative:

Representative Director and President

Kazuhiko Kuniya

Tokyo Stock Exchange Prime Market Securities Code: 1719
Contact:

General Manager,

Eisuke Yamada

Corporate Communication Department
Phone: +81-3-3575-6094

Notice Regarding Differences between Financial Forecasts and Actual Results
for the Fiscal Year Ended March 31, 2024
HAZAMA ANDO CORPORATION (the “Company”) hereby provides details of differences between financial
forecasts announced on May 12, 2023 and actual results for the full fiscal year ended March 31, 2024 (April 1,2023 to March 31, 2024) disclosed today. Brief details are presented as follows.
1.

Full fiscal year ended March 31, 2024 (April 1, 2023 to March 31, 2024)
Differences between consolidated financial forecasts and actual results
Net sales

Ordinary
profitProfitBasic earnings
attributable toper shareowners of parent(Yen)Previously announced forecast (A)400,000

20,50019,70013,60086.92

Actual results (B)394,128

18,591

18,545

13,87888.64

Difference (B-A)(5,871)(1,908)(1,154)

278

(1.5)

(9.3)

(5.9)

2.0

372,146

19,853

19,60815,187

Percentage change (%)[Reference] Previous results(Fiscal year ended March 31, 2023)

2.

Operatingprofit(Millions of yen)

Full fiscal year ended March 31, 2024 (April 1, 2023 to March 31, 2024)
Differences between non-consolidated financial forecasts and actual results
Net sales

Operatingprofit

Ordinaryprofit

94.02(Millions of yen)
Net profit

Basic earnings
per share(Yen)Previously announced forecast (A)369,000

19,50019,00013,30085.00

Actual results (B)362,606

16,86017,076

12,99783.01

Difference (B-A)(6,393)(2,639)(1,923)

(302)

(1.7)

(13.5)(10.1)(2.3)

344,804

18,264

18,433

14,535Percentage change (%)[Reference] Previous results(Fiscal year ended March 31, 2023)

189.98

3.

Reasons for difference(1) Non-consolidated results
Net sales fell below the previous forecast owing to the lower-than-expected progress rate of certain large-scale
projects.
On the profit front, although profitability has improved, primarily in construction work currently underway,
operating profit, ordinary profit, and net profit all fell below the previous forecasts. This was mainly due to theincorporation of additional costs, as per “(Update on disclosed matter) Additional Costs Arising for Construction
Work Underway,” which has been disclosed separately today, a decrease in profitability in certain large-scale
civil engineering work, and because selling, general and administrative expenses were higher than the previous
forecast due to increases in personnel and operating expenses.
(2) Consolidated results
Although operating profit and ordinary profit fell below the previous forecasts, profit attributable to owners ofparent exceeded the previous forecast. This was mainly due to differences in the non-consolidated results andimprovements in the performance of domestic subsidiaries.

2