CHIYODA CORPORATION
Financial Resultsfor Fiscal 2005 Third Quarter Ended December 31, 2005

This document has been prepared as a guide to non-Japanese investors and contains forwardlooking statements that are based on managements’ estimates, assumptions and projections at
the time of publication. A number of factors could cause actual results to differ materially fromexpectations. This document is a translation of excerpts taken from the Japanese language
original. All numbers are rounded down to the nearest unit in accordance with standard Japanesepractice. Please be advised that the Company cannot accept responsibility for investment
decisions made based on the information contained in this report.
1Summary of Financial Statements (Consolidated)
for Fiscal 2005 Third Quarter

Listed Exchanges
Head Office
Stock CodePresident & CEO
Inquiries
TelephoneTokyo
Kanagawa, Japan
6366
Nobuo Seki
Shinji Kusunoki, General Manager, Accounting Department+81-45-506-9410

1. Notes on presentation of nine-month operating results(1) Application of the simple method: Yes(See Page 9 of Attachments)(2) Changes in accounting treatment from the most recent consolidated fiscal year: No(3) Changes in the scope of the consolidation and the application of the equity method: No

2. Results of operation for the nine-month period ended December 2005
(April 1, 2005–December 31, 2005)
1) Consolidated Business Results
Millions of Yen
Apr. 1, 2005 —Dec. 31, 2005
Change(%)

Net Sales ............................................
Operating Profit..................................
Ordinary Profit ...................................
Net Profit ............................................
Net Profit per Share (¥)......................
Fully Diluted Net Profit per Share (¥).....

258,834
14,052
15,65016,87788.18
87.70(reference)
Apr. 1, 2004 —Mar. 31, 2005

Apr. 1, 2004 —Dec. 31, 2004
Change
(%)

41.8
99.5
108.8
124.5

182,474
7,043
7,493
7,518
40.28
39.39

—
—
—
—

267,655
11,077
11,587
12,86368.62
67.30(Notes) Previous fiscal year nine-month data and year-on-year comparisons are not presented since this is the firstnine-month financial report for Chiyoda.

2) Changes in Consolidated Financial Position
Millions of Yen
Apr. 1, 2005 —Dec. 31, 2005

Apr. 1, 2004 —Dec. 31, 2004

(reference)
Apr. 1, 2004 —Mar. 31, 2005

Total Assets ......................................................
Shareholders’ Equity .........................................
Equity Ratio ......................................................

261,238
52,823
20.2%

171,41231,35718.3%

182,893
36,873
20.2%

Shareholders’ Equity per Share (¥) ...................

275.23165.76193.2223) Consolidated Cash Flows
Millions of Yen
Apr. 1, 2005 —Dec. 31, 2005

Apr. 1, 2004 —Dec. 31, 2004

(reference)
Apr. 1, 2004 —Mar. 31, 2005

Net cash provided by (used in) operating activities ..

3,485(8,467)484

Net cash provided by (used in) investing activities ...

562(2,308)(1,006)

Net cash provided by (used in) financing activities ...
Cash and cash equivalents at end of period...............

(1,226)44,655868
31,036

1,169
41,594

3. Consolidated Operations Forecast for the Year Ending March 31, 2006
Millions of Yen
Apr. 1, 2005 – Mar. 31, 2006
Net sales .......................................................................................

360,000

Ordinary Profit ..............................................................................

21,000Net Profit ......................................................................................

17,500(Note) Projected net profit per share for the year ending March 31, 2006

91.18 yen3

Results of Operations and Financial Condition for FY05 Third Quarter1. Consolidated Results of Operations
In the third quarter of the current fiscal year, Japan’s economy continued to expand slowly due to ongoing growthin corporate capital spending. Overseas, the U.S. economy was healthy and there was economic growth in China
and other Asian countries.
In the plant market in Japan, Japanese oil companies are making substantial capital investments for facilities tomanufacture feedstock for petrochemicals. Companies are also considering major investments outside thepetrochemical sector. These projects are aimed at adapting to future shifts in demand and at responding to thewidening gap between the prices of heavy and light grades of petroleum products.
Outside Japan, the U.S., the world’s largest energy consumer, is certain to become increasingly reliant on LNG
imports. In Europe, Britain is expected to increase LNG imports due to a downturn in North Sea oil production thatis projected to begin in a few years. Due to this outlook, there are now many investments in Gas Value Chain
projects that include gas field development, LNG plants, LNG carriers and LNG receiving terminals. The volume ofthese investments is particularly large in the Middle East, Russia and Africa.
Due to these market trends, consolidated new contracts increased 106.7% to 751,122 million yen. This includes the
December receipt of orders for the expansion of LNG Plant Train 6 & 7 of Qatar Liquefied Gas Company Limited 3
and 4. As a result, the backlog of contracts was 1,038,760 million yen, 87.4% higher than one year earlier.
Consolidated net sales increased 41.8% to 258,834 million yen, ordinary profit increased 108.8% to 15,650 million
yen, and net profit increased 124.5% to 16,877 million yen.
2. Financial Condition
Consolidated shareholders’ equity increased 15,949 million yen compared with the end of March 2005 to 52,823
million yen. During the same period, total assets increased 78,345 million yen to 261,238 million yen. This includes
a 61,130 million yen increase in jointly controlled assets of joint venture due to the receipt of payments forconstruction contracts. The result of these changes was an equity ratio of 20.2%.
Net cash provided by operating activities was 3,485 million yen. Jointly controlled assets of joint venture represent
Chiyoda’s share of jointly controlled assets on the balance sheets of construction contracts for joint ventures for
project executions. Since this figure essential represents Chiyoda’s share of cash and cash equivalents of joint
ventures, effective operating cash flows were a positive 64,615 million yen.
3.

Outlook for the Year Ending March 31, 2006

Due to an improvement in the gross profit margin at ongoing construction projects, Chiyoda has revised as follows
its forecasts dated October 31, 2005.
Revision of Consolidated Forecasts
Millions of Yen
Previous Forecast
Revised Forecast
Increase
Increase Rate (%)
FY2004 Actual

Net Sales
360,000
360,0000
0.0
267,655

Ordinary Profit
20,00021,0001,000
5.0
11,587

Net Profit
17,50017,5000
0.0
12,863

Net Sales
310,000
310,0000
0.0
223,809

Ordinary Profit
19,00019,700
700
3.7
9,194

Millions of Yen
Net Profit
16,50016,5000
0.0
11,877

Revision of Non-consolidated Forecasts

Previous Forecast
Revised Forecast
Increase
Increase Rate (%)
FY2004 Actual

4The forecast for new contracts has been revised as follows due to the December receipt of very large orders for
projects in Qatar.
Revision of New Contracts Forecasts
Consolidated
Previous Forecast
Revised Forecast
Increase
Increase Rate (%)
FY2004 Actual

600,000
800,000
200,000
33.3
411,292

Millions of Yen
Non-consolidated
550,000
750,000
200,000
36.4
368,290

There is no change to the annual dividend forecast of 10 yen per share.
Forward Looking Statements
Chiyoda expects to smoothly implement ongoing projects. However, project completions may be pushed back by
substantial increases in prices of materials and equipment or delays in the delivery of materials and equipment
caused by shortages or other factors. Regarding future projects, any substantial increases in equipment andmaterial prices and foreign exchange rate movements may significantly affect the Group’s operating results.

5

[Appendix]

1. Summary of Consolidated Balance Sheets
3Q FY2005
As of Dec. 31, 2005%

Millions of Yen
3Q FY2004
As of Dec. 31, 2004%

FY2004As of Mar. 31, 2004%

AssetsCurrent Assets
Cash and time deposits ...................................
Notes and accounts receivable-trade.................
Costs of construction contracts in progress ........
Deferred tax assets ........................................
Jointly controlled asset of joint venture .............
Other ............................................................
Allowance for doubtful accounts .......................
Total Current Assets ....................................

44,80444,84926,7004,079
111,084
9,978(396)
241,101

33,06037,37931,8822,790
40,3384,436(463)
149,424

42,38437,64924,977
3,803
49,953
3,749(506)
162,011

Fixed Assets
Property, plant and equipment ...................
Intangible fixed assets...............................
Investments and other assets.....................
Reserves .................................................
Total investments and other assets .............

7,151
2,909
11,853(1,776)
10,076

Total Fixed Assets .......................................

20,137

7.7

21,98712.8

20,881

11.4

Total Assets.................................................

261,238

100.0

171,412100.0

182,893

100.0

Liabilities and Shareholders’ Equity
Current Liabilities
Notes and accounts payable-trade ....................
Current portion of long-term debt ....................
Income taxes payable .....................................
Advance receipts on construction contracts........
Reserves .......................................................
Other ...........................................................
Total Current Liabilities ...............................

82,583
10,079405
95,202
4,270
8,822
201,36377.1

65,167119257
49,195
1,819
7,256
123,815

72.2

74,414
10,101
664
44,384
3,573
6,642
139,78176.4

Non-Current Liabilities
Long-term debt ..............................................
Liability for retirement benefits ........................
Other liabilities...............................................
Total Non-Current Liabilities .......................

173
6,490
93
6,757

2.6

10,252
5,535
84
15,872

9.3

214
5,592
86
5,894

3.2

Total Liabilities ............................................

208,12179.7

139,687

81.5

145,675

79.6

Minority Interests .......................................

294

0.1

368

0.2

345

0.2

92.3

87.2

6,831
2,623
16,060(3,527)
12,533

88.6

6,783
2,844
14,002(2,748)
11,254

Shareholders’ Equity
Common stock ...............................................
Additional paid-in capital .................................
Retained earnings...........................................
Net unrealized loss on available-for-salesecurities..........................................................
Foreign currency translation adjustments ..........
Treasury stock ...............................................
Total Shareholders’ Equity ..........................

12,8696,653
34,355

4.9
2.5
13.2

12,522
6,309
13,278

7.3
3.7
7.7

12,721
6,506
18,622

6.9
3.6
10.2

41
(539)
(557)
52,823

0.0
(0.2)
(0.2)
20.2

25
(568)
(209)
31,357

0.0
(0.3)
(0.1)
18.3

31
(759)
(250)
36,873

0.0
(0.4)
(0.1)
20.2

Liabilities, Minority Interests andShareholders’ Equity ...................................

261,238

100.0

171,412100.0

182,893

100.0

6

2. Summary of Consolidated Statements of Income

Construction Contracts .........................
Cost of Construction Contracts .............
Gross profit.............................................
Selling, General and
Administrative Expenses ......................
Operating profit.......................................

3Q FY2005

Millions of Yen
3Q FY2004

FY2004

Apr. 1, 2005 —Dec. 31, 2005%
258,834
100.0
237,682
91.8
21,151
8.2

Apr. 1, 2004 —Dec. 31, 2004%
182,474100.0
169.222
92.7
13,252
7.3

Apr. 1, 2004 —Mar. 31, 2005%
267,655100.0
247.905
92.6
19,7497.4

7,098
14,052

2.8
5.4

6,208
7,043

3.4
3.9

8,671
11,077

3.3
4.1

Other Income
Interest............................................
Dividend income ...............................
Equity in earnings of associatedcompanies........................................
Other ..............................................
Total Other Income ..............................

1,660
18

493
7

723
19

101
293
2,074

0.8

131
352
984

0.5

152
389
1,284

0.5

Other Expenses
Interest expense ...............................
Other...............................................
Total Other Expenses............................

224
251
476

0.2

247
285
533

0.3

304
470
775

0.3

Ordinary income......................................

15,650

6.0

7,493

4.1

11,587

4.3

Extraordinary Gain
Reversal of allowance for doubtful
accounts ..........................................
Reversal of allowance for contingency
loss .................................................
Other...............................................
Total Extraordinary Gain.......................

1,105

304

1,073

—
47
1,153

0.4

200
16
521

0.3

200
34
1,308

0.5

Extraordinary Loss
Loss on revaluation of investment
securities........................................
Loss on sale of fixed assets .................
Impairment loss.................................
Loss on removal of fixed assets...........
Other...............................................
Total Extraordinary Loss.......................

95
—
—
—
14
109

0.0

—
389
233
98
73
794

0.4

—
390
233
98
124
846

0.3

Profit before income
taxes and minority interests......................
Total tax.................................................
Minority interests in net profit (loss) ..........
Net profit ..............................................

16,693(212)
28
16,877

6.4
(0.1)
(0.0)
6.5

7,221
(325)
27
7,518

4.0
(0.1)
(0.0)
4.1

12,049(823)
912,863

4.5
(0.3)
(0.0)
4.8

7

3. Summary of Consolidated Statements of Cash Flow
3Q FY2005
Apr. 1, 2005 —Dec. 31, 2005

Millions of Yen
3Q FY2004
Apr. 1, 2004 —Dec. 31, 2004

FY2004
Apr. 1, 2004 —Mar. 31, 2005

16,693
1,076
95
—

7,221
944
—
233

12,0491,284—
233(7,101)(12,656)(13,064)(1,696)
8,134(12,964)
12,276(6,059)21,568Cash Flow from Operating Activities
Profit before income
taxes and minority interests ............................................
Depreciation and amortization .........................................
Loss on revaluation of investment securities ......................
Impairment loss .............................................................
Decrease (increase) in trade notes and accounts
receivable .....................................................................
Decrease (increase) in costs of construction contracts inprogress .......................................................................
Increase (decrease) in trade notes and accounts payable ....
Increase (decrease) in advance receipts on construction
contracts.......................................................................
Decrease (increase) in jonitly controlled assets of joint
ventures .......................................................................
Other............................................................................
Subtotal ..............................................................................
Interest and dividend income...........................................
Interest paid..................................................................
Income taxes paid..........................................................
Net Cash Provided by Operating Activities ........................

50,751

12,133

7,322(61,130)(2,177)
4,646
270
(223)
(1,207)
3,485(11,925)(3,506)(8,242)
361
(238)
(347)
(8,467)(21,540)(1,351)
442
754
(304)
(408)
484

Cash Flow from Investing Activities
Payment for time deposits...............................................
Proceeds from refunds of time deposits with maturities ......
Payments for purchase of investment securities .................
Payment for purchase of consolidated subsidiary stock ............
Purchase of fixed assets..................................................
Long-term loans.............................................................
Proceeds from collections of long-term loans .....................
Other............................................................................
Net Cash Used in Investing Activities .

—
674
(623)
(121)
(1,320)
(33)
1,934
51
562

(1,284)———(1,422)——398(2,308)

(622)
542
—
—
(1,891)——964(1,006)—(63)
294(1,139)
(19)
(298)

17
(63)
985
—
—
(70)

—
(101)
1,382
—
—
(110)

(1,226)

868

1,169

240
3,061
41,59496(9,810)40,902100
747
40,902—44,655(56)
31,036(56)
41,594

Cash Flow from Financing Activities
Net decrease in short-term loans....... ................... ..........
Repayments of long-term debt ........................................
Proceeds from new stock issue ........................................
Cash dividends paid........................................................
Cash dividends paid to minority shareholders ....................
Other ...........................................................................
Net Cash Provided by (Used in)
Financing Activities ...........................................................
Foreign Currency Translation Adjustments on Cashand Cash Equivalents ........................................................
Net Increase (Decrease) in Cash and Cash Equivalents.....
Cash and Cash Equivalents at Beginning of Period ............
Decrease in Cash and Cash Equivalents Elimination From
Consolidation ....................................................................
Cash and Cash Equivalents at End of Period ......................

8

4. Basis of presenting the consolidated financial statements for thethree-month period ended June 2005 (April 1, 2005–June 30, 2005)(1) Matters concerning significant accounting policies
The Company applies the simple method for the calculation of certain items while assuring compliance with theStandards for Preparation of Quarterly Financial Statements and avoiding material misrepresentation of informationthat would affect the judgment of interested parties, including investors.
Scope of application of the simple method
The Company calculates its tax liabilities on the basis of the estimated annual tax rate, calculated by the simple
method using the effective tax rate. The Company also uses the simple method for calculating certain expense
items.
(2) Recognition of significant reserves
The following reserves are included in the summary (consolidated nine-month) balance sheets:
Nine months ended Dec. 2005
(As of Dec. 31, 2005)

Nine months ended Dec. 2004
(As of Dec. 31, 2004)

Millions of Yen

Fixed assets
Allowance for
doubtfulaccounts
Allowance forcapital loss on
investments
Current
liabilities
Indemnity
allowance forcompleted
construction
Accruedbonuses
Allowance forcontingent loss
Long-term liabilities
Liability for
retirement
benefits
Liability for
retirement
benefits todirectors(1,513)

(263)

2,065

2,068

Fiscal Year 2004
(As of Mar. 31, 2005)

Millions of Yen

Fixed assets
Allowance for
doubtfulaccounts
Allowance forcapital loss on
investments
Current
liabilities
Indemnity
allowance forcompleted
construction
Accruedbonuses(3,264)

(263)

1,098

720

Millions of Yen

Fixed assets
Allowance for
doubtfulaccounts
Allowance forcapital loss on
investments
Current
liabilities
Indemnity
allowance forcompleted
construction
Accruedbonuses(2,485)

(263)

759

2,814

135

6,093

396

Long-term liabilities
Liability for
retirement
benefits
Liability for
retirement
benefits todirectors

5,129

405

Long-term liabilities
Liability for
retirement
benefits
Liability for
retirement
benefits todirectors

5,167

425

(3) Other significant accounting policies
The Company has engaged Deloitte Touche Tohmatsu as its advisor on matters concerning the disclosure ofquarterly financial information.

95. Production, Orders and Sales Situation (Consolidated)
Millions of Yen
3Q FY2005
Apr. 1, 2005 —Dec. 31, 2005
Construction Contracts%

New contracts%

Backlog%Business Segment
Engineering
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Total Engineering

647,525
13,357
459

86.2
1.8
0.0

143,965
37,308
7,069

55.6
14.4
2.7

905,065
45,702
3,422

87.1
4.4
0.3

62,224
13,583
5,018
5,445
747,614

8.3
1.8
0.7
0.7
99.5

40,344
18,973
2,662
5,001
255,326

15.6
7.3
1.0
2.0
98.6

57,482
18,407
5,214
3,465
1,038,760

5.6
1.8
0.5
0.3
100.0

Other ................................

3,507

0.5

3,507

1.4

—

—

Domestic ...........................
Overseas ...........................
Total ................................

89,312661,809751,122

11.9
88.1
100.0

69,100189,733
258,834

26.7
73.3
100.0

110,301
928,459
1,038,760

10.6
89.4
100.0

Millions of Yen
3Q FY2004
Apr. 1, 2004 —Dec. 31, 2004
Construction Contracts%

New contracts%

Backlog%Business Segment
Engineering
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Total Engineering

263,855
8,902
13,487

72.6
2.4
3.7

69,49838,497
9,758

38.1
21.1
5.4

393,066
69,687
14,051

70.9
12.6
2.5

45,748
13,696
10,794
3,855
360,340

12.6
3.8
3.0
1.1
99.2

46,546
7,721
3,365
4,087
179,476

25.5
4.2
1.9
2.2
98.4

39,47023,336
10,242
4,496
554,351

7.1
4.2
1.9
0.8
100.0

Other ................................

2,998

0.8

2,998

1.6

—

—

Domestic ...........................
Overseas ...........................
Total ................................

67,590295,749
363,339

18.6
81.4
100.0

62,103
120,370
182,474

34.0
66.0
100.0

96,785457,566
554,351

17.5
82.5
100.0

10

Millions of Yen
FY2004
Apr. 1, 2004 —Mar. 31, 2005
Construction Contracts%

New contracts%

Backlog%Business Segment
Engineering
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Total Engineering

285,055
20,53913,884

69.3
5.0
3.4

110,844
51,662
14,678

41.4
19.3
5.5

378,270
68,433
9,961

72.4
13.1
1.9

52,227
17,756
11,2706,439
407,173

12.7
4.3
2.7
1.6
99.0

57,018
10,570
11,221
7,540
263,536

21.3
4.0
4.2
2.8
98.5

35,09024,295
2,858
3,534
522,444

6.7
4.7
0.5
0.7
100.0

Other ................................

4,119

1.0

4,119

1.5

—

—

Domestic ...........................
Overseas ...........................
Total ................................

89,496
321,796
411,292

21.8
78.2
100.0

89,612
178,043
267,655

33.5
66.5
100.0

91,092
431,352
522,444

17.4
82.6
100.0

(Note) The amount of the backlog of contracts as of the end of the nine-month period is adjusted for any decreases incontract amounts due to changes in contracts and increases due to adjustments in contracts booked before theprevious fiscal year and the effect of foreign currency translation adjustments on foreign currency-denominatedcontracts.

11[Reference]

1. Summary of Non-consolidated Balance Sheets
3Q FY2005
As of Dec. 31, 2005%
AssetsCurrent Assets
Cash and time deposits ..................................
32,860Notes receivable-trade ...................................
76
Accounts receivable-trade...............................
31,845
Costs of construction contracts in progress .......
14,807
Jointly controlled asset of joint venture ............ 111,084
Other ...........................................................
13,028
Allowance for doubtful accounts ......................
(342)
Total Current Assets ................................... 203,361

91.1

Millions of Yen
3Q FY2004
As of Dec. 31, 2004%

FY2004As of Mar. 31, 2004%

23,363
1,225
22,63522,55840,3386,844(323)
116,642

31,523592
25,171
19,533
49,9537,201(392)
133,582

83.3

86.3

Fixed Assets
Property, plant and equipment...................
Intangible fixed assets ..............................
Investments and other assets ....................
Reserves ................................................
Total investments and other assets ............

4,460
2,847
16,183(3,516)
12,667

Total Fixed Assets.......................................

19,975

8.9

23,42716.7

21,287

13.7

Total Assets ................................................ 223,336

100.0

140,069

100.0

154,869

100.0

77.5

3,820
42,10650
43,684
1,356
9,407
100,426

71.7

5,040
50,882
10,05040,287
2,555
10,851
119,666

77.3

136
5,305
89
5,530

2.5

10,186
4,402
81
14,669

10.5

161
4,452
83
4,696

3.0

Total Liabilities ........................................... 178,764

80.0

115,096

82.2

124,363

80.3

12,8696,653
25,617

5.8
3.0
11.5

12,522
6,309
6,351

8.9
4.5
4.5

12,721
6,506
11,528

8.2
4.2
7.5

(11)
(557)
44,572

(0.0)
(0.3)
20.0

—
(209)
24,973

—
(0.1)
17.8

—
(250)
30,506

—
(0.2)
19.7

Liabilities and Shareholders’ Equity ............ 223,336

100.0

140,069

100.0

154,869

100.0

Liabilities and Shareholders’ Equity
Current Liabilities
Notes payable-trade.......................................
4,547
Accounts payable-trade ..................................
57,177
Current portion of long-term debt ...................
10,050
Advance receipts on construction contracts .......
87,768Reserves ......................................................
4,293
Other ..........................................................
9,397
Total Current Liabilities .............................. 173,233
Non-Current Liabilities
Long-term debt .............................................
Reserves ......................................................
Other liabilities ..............................................
Total Non-Current Liabilities.......................

Shareholders’ Equity
Common stock ..............................................
Additional paid-in capital ................................
Retained earnings..........................................
Unrealized gain on available-for-salesecurities......................................................
Treasury stock ..............................................
Total Shareholders’ Equity..........................

4,065
2,573
21,608(4,819)16,7884,092
2,793
18,452(4,050)14,40112

2. Summary of Non-consolidated Statements of Income

Construction Contracts..........................
Cost of Construction Contracts..............
Gross profit .............................................
Selling, General and
Administrative Expenses .......................
Operating profit .......................................

3Q FY2005
Apr. 1, 2005 —Dec. 31, 2005%
226,426100.0
208,54692.1
17,880
7.9

Millions of Yen
3Q FY2004
Apr. 1, 2004 —Dec. 31, 2004%
150,732100.0
141,102
93.6
9,629
6.4

FY2004
Apr. 1, 2004 —Mar. 31, 2005%
223,809
100.0
208,675
93.2
15,134
6.8

5,191
12,688

2.3
5.6

4,563
5,065

3.0
3.4

6,390
8,744

2.9
3.9

Other Income ........................................

2,378

1.1

869

0.6

1,163

0.5

Other Expenses .....................................
Ordinary profit .........................................

458
14,608

0.2
6.5

421
5,513

0.3
3.7

713
9,194

0.3
4.1

Extraordinary Gain ................................

629

0.3

523

0.3

1,306

0.6

Extraordinary Loss ................................

626

0.3

296

0.2

349

0.2

14,611(623)
15,234
5,183
—

6.5
(0.2)
6.7

5,740
(960)
6,701
—
349

3.8
(0.6)
4.4

10,152(1,725)
11,877
—
349

4.5
(0.8)
5.3

Profit before income
taxes and minority interests ......................
Total tax ...............................................
Net profit ..............................................
Retained earnings brought forward.............
Deficit brought forward .............................
Unappropriated retained earnings asof the end of period...............................

20,417

6,351

11,52813

3. Production, Orders and Sales Situation (Non-consolidated)
Millions of Yen
3Q FY2005
Apr. 1, 2005 —Dec. 31, 2005
Construction Contracts%

New contracts%
Business Segment
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Domestic ...........................
Overseas ...........................
Total ................................

Domestic ...........................
Overseas ...........................
Total ................................

%

647,524
8,931
142

90.9
1.3
0.0

143,965
34,287
6,554

63.6
15.1
2.9

905,065
38,626
3,369

89.7
3.8
0.3

38,585
9,753
4,283
2,967

5.4
1.4
0.6
0.4

22,717
14,133
2,147
2,620

10.0
6.2
1.0
1.2

41,07814,187
4,781
2,350

4.1
1.4
0.5
0.2

58,539653,649
712,188

8.2
91.8
100.0

45,317
181,108
226,426

20.0
80.0
100.0

90,937
918,522
1,009,460

9.0
91.0
100.0

Millions of Yen
3Q FY2004
Apr. 1, 2004 —Dec. 31, 2004
Construction Contracts%

New contracts%
Business Segment
Engineering
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........

Backlog

Backlog%

263,855
6,309
12,705

80.1
1.9
3.8

69,49832,337
8,254

46.1
21.5
5.5

393,066
63,097
13,694

74.5
12.0
2.6

26,285
8,769
9,671
1,930

8.0
2.7
2.9
0.6

31,086
5,340
1,921
2,293

20.6
3.5
1.3
1.5

27,594
17,697
9,455
3,195

5.2
3.3
1.8
0.6

43,163286,363329,527

13.1
86.9
100.0

40,013
110,718
150,732

26.5
73.5
100.0

82,189445,612527,801

15.6
84.4
100.0

14

Millions of Yen
FY2004
Apr. 1, 2004 –Mar. 31, 2005
Construction Contracts%

New contracts%
Business Segment
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Domestic ...........................
Overseas ...........................
Total ................................

Backlog%

285,055
15,873
13,042

77.4
4.3
3.6

110,844
42,96913,014

49.5
19.2
5.8

378,270
62,888
9,716

75.7
12.6
2.0

29,11011,567
10,004
3,636

7.9
3.1
2.7
1.0

36,098
7,055
9,064
4,762

16.1
3.2
4.1
2.1

25,107
18,528
2,645
2,433

5.0
3.7
0.5
0.5

57,602
310,688368,290

15.6
84.4
100.0

58,507
165,302
223,809

26.1
73.9
100.0

78,136
421,453499,589

15.6
84.4
100.0

(Note) The amount of the backlog of contracts as of the end of the nine-month period is adjusted for any decreases incontract amounts due to changes in contracts booked before the previous fiscal year and the effect of foreign
currency translation adjustments on foreign currency-denominated contracts.

15