Supplementary Materials for Summary of
Financial Reports 2Q FYE June 30, 2024

February 14, 2024
Integrated Design & Engineering Holdings Co., Ltd.
Stock code: 9161
Integrated Design & Engineering Holdings Co., Ltd

Results for 2Q FYE June 2024
Orders, revenue, and operating profit increased steadily to the highest level ever.

Consolidated
results(Million yen)•Orders received were strong in the Consulting Business and the Urban & Spatial Development
Business.

•

Revenue increased in all three segments (Consulting Business, Urban & Spatial Development
Business, and Energy Business) because of the steady progress of on-hand projects.

•

Operating profit increased, with the Energy Business remaining strong despite a decline as a reaction
to special factors and the Consulting Business returning to profitability in 2Q.

（単位：百万円）

Orders
Revenue
Gross profit
Operating profit
Profit before tax
Profit attributable to owners of parent

FYE June 2023
2Q Results
59,01658,451
15,913
1,235
269-1,054FYE June 2024
2Q Results
65,91967,835
19,253
2,165
1,593
313

YoY Comparison
Amount

%
6,902
9,384
3,340
929
1,324
1,368

111.7%
116.1%
121.0%
175.3%
591.6%-※Integrated Design & Engineering Holdings Co., Ltd was established as the sole parent company of Nippon Koei Co., Ltd. through a share transfer on July 3, 2023, and has newly prepared the condensed
consolidated quarterly financial statements from the first three months ended September 30, 2023. Since there has been no substantial change in the scope of Nippon Koei’s consolidated group, Nippon Koei’s
consolidated results for the six months ended December 31, 2022 (July 1, 2022, to December 2022) and as of June 30 2023, have been used as comparative information. For comparison, the Company made an
adjustment of reclassifying its subsidiary El Koei Co., Ltd. from the Consulting business segment to the others.
Copyright Ⓒ Integrated Design & Engineering Holdings Co., Ltd. All Rights Reserved.

1

Results by Business Segment(Million yen)

2Q FYE June
2023
Results

2Q FYE June
2024
Results

Amount■2Q FYE 2023/6 ■2Q FYE 2024/6 (Million yen)OrdersYoY

34,09429,553%59,016

65,9196,902

111.7%

Consulting Business

29,55334,0944,540

115.4%

Urban & Spatial
Development Business

19,77022,8583,087

115.6%

Energy Business

9,418

8,720

-697

92.6%

Other

273

245

-28

89.7%

Revenue

Revenue

58,451

67,835

9,384

116.1%

32,888Consulting Business

32,88834,107

1,218

103.7%

OrdersUrban & Spatial
Development Business

16,399Energy Business

8,577

14,0195,442

163.4%

585

565

-20

96.5%

Operating profit

1,235

2,165

929

175.3%

Consulting Business

-264

701

965

-

Urban & Spatial
Development Business

198

134

-64

67.5%

Other

Energy Business

19,143

2,743

19,77022,8589,418 8,720
273
Consulting

Urban & Spatial
Development

Energy245

Other34,107

16,399116.7%

19,14314,019
8,577

2,047

1,289

-758

585
Consulting

Urban & Spatial
Development

Energy

565

Other

2,047

Operating profit

1,289
701
198

134

40

63.0%
-264

Other

-746

40

787

*As a result of reorganization and spin-offs, each company’s head office business management expenses,
which were previously borne by “Other,” became borne by each segment since FYE June 2024.

-

Consulting

Urban & Spatial
Development

Energy-746
Other

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2

Performance Outline by Business Segment
Consulting Business■Orders: Orders increased year-on-year because of the contribution of orders for defense-related work in Japan.
■Revenue: Overseas sales increased due to steady sales of large-scale projects such as the Bangladesh MRT.
■Operating profit: In Japan, net profit increased due to an increase in valuation gains (approx. 650 million yen) associated with thelisting of shares of companies the Group acquired capital in.

Urban & Spatial Development Business■Orders: Orders increased year-on-year, orders attributed to MLIT and Ministry of Defense-related work in Japan, as well as largescale additional orders from BDP Group.
■Revenue: Revenue increased in Japan and overseas because of the steady progress of orders received in the previous fiscal year.
■Operating profit: Operating profit decreased due to method changes of administrative expenses accounting for spin-off in Japan,
inflation in the United Kingdom, staff increase at BDP, and increase in operating expenses.
*The actual exchange rate on 2Q of FYE June 2024: 1￡=183.25 yen (the actual exchange rate on 2Q FYE June: 1￡=163.91 yen; the assumed exchange rate for FYE June 2024:1￡= 163.69 yen）

Energy Business■ Orders: Although the electric power facility and the mechanical/electrical consulting business are developing steadily, orders are
decreasing year-on-year due to delays in orders for renewable energy EPC projects.
■Revenue: Revenue increased because of strong performance in on-hand projects in the electric power facility business, energy
management business handling renewable energy EPC in Japan, and the manufacturing business.
■Operating profit: Although operating profit decreased due to a rebound from the gains in the sale of PT ARKORA HYDRO (a former
affiliate) shares and investment gained in securities (approximately 2 billion yen) in the same period of the previous year. System
improvements have been progressing smoothly toward profit generation.
Copyright Ⓒ Integrated Design & Engineering Holdings Co., Ltd. All Rights Reserved.

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FYE June 2024 Forecast
We aim to set new record highs for orders, revenue, and profits.
(Million yen)FYE June
2023 Results

FYE June
2023 PlanYoY Comparison
AmountReview of cost burden for each segment%

Orders139,265

155,000

15,734111.3%

Consulting Business

77,71286,0008,287

110.7%

Urban & Spatial Development Business

42,56643,000433

101.0%

Energy Business

18,82726,0007,172138.1%

Revenue

141,527

156,000

14,472110.2%

Consulting Business

81,81888,0006,181

107.6%

Urban & Spatial Development Business

38,07142,0003,928

110.3%

Energy Business

20,85525,0004,144

119.9%

782

1,000

217

127.9%

Operating profit

6,080

11,1005,019

Consulting Business

6,599

7,400

Urban & Spatial Development Business-946

Energy Business

Other

As a result of reorganization and spin-offs,
each company’s head office business
management expenses, which were previously
borne by “Other,” will now be borne by eachsegment.
▼FY2024 operating profit plan reference values
using conventional accounting methods(Million yen)

Reference YoY Comparison
value
Amount%182.5% Operating profit

11,1005,019 182.5％

800

112.1%

8,068

1,469

122.3%

2,700

3,646

-

3,306

4,252

-

2,974

2,200

-774

74.0%

Consulting Business
Urban & Spatial
Development Business
Energy Business

2,276

-698

76.5%

Other

-2,546-1,200

1,346

-

Other

-2,550-4-

Profit attributable to owners of parent

3,093

7,100

4,006

229.5%

ROE

3.9％

9.0％

5.1pt
Copyright Ⓒ Integrated Design & Engineering Holdings Co., Ltd. All Rights Reserved.

4Inquiries on IR-related matters

Corporate Communication Office,
MAIL: c-com@n-koei.co.jp
This presentation is provided for information purposes only and is not intended to solicit any action.
Materials in this presentation (including forecasts of financial results) have been prepared based on

credible information available at the time of publication and certain assumptions Nippon Koei
believes to be reasonable. Actual results may differ significantly due to various factors.

Copyright Ⓒ Integrated Design & Engineering Holdings Co., Ltd. All Rights Reserved.

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