Chiyoda Global Headquarters
Minato Mirai Grand Central Tower
4-6-2, Minatomirai, Nishi-ku,
Yokohama 220-8765, Japanwww.chiyodacorp.com/en

The presentation was held in Japanese.

November 12, 2020

This document is a translation/summary

IR, PR & CSR Department

for reference only.

Chiyoda Corporation

Summary of a Q&A session following the Presentation of theSecond Quarter Financial Results for Fiscal Year Ending March 31, 2021
The following is a summary of a Q&A session following the presentation (telephone conference) ofChiyoda Corporation’s (“Chiyoda”) financial results, released on November 5, 2020, for the second
quarter of fiscal year ending March 31, 2021.

1Question

AnswerWhy has gross profit margin

Although many projects are progressing as planned, COVID-19

decreased?

affectedsomelarge–scale

projects

overseas

andtheimplementation of mitigation actions to restrict its impact
reduced gross profit margin.
2
3

What is the forecast for

SG&A expenses have reduced as a result of cost reductions andoperating income?

we expect operating income to be achieved as forecasted.

What is the impact of COVID-The stagnant global economy and rapid decline in resource

19 on new orders?

prices due to COVID-19 have resulted in the postponement ofsome project FID’s.
Chiyoda’s diversified business portfolio includes renewableenergy and hydrogen, as well as its existing LNG business, andwe aim to secure more orders in areas not affected by resource
prices, such as decarbonization.

4

What is Chiyoda’s strategy for

Chiyoda is aggressively implementing Digital Transformation

Digital Transformation (DX)?

with the following initiatives:•PlantStream Inc. will focus on the sales promotion of
Chiyoda’s innovative 3D engineering tool, developedwith Arent Inc., to improve the efficiency of 3D plantengineering•Chiyoda has established TIS Chiyoda Systems Inc. withTIS Inc., a leading IT company, to strengthen IT
infrastructure

bycombining

TIS’sextensive

ITtechnology and Chiyoda’s plant technology expertise1

Chiyoda Global Headquarters
Minato Mirai Grand Central Tower
4-6-2, Minatomirai, Nishi-ku,
Yokohama 220-8765, Japanwww.chiyodacorp.com/enQuestion

Answerand relationship with clients.

5

What is Chiyoda’s strategy toBy focusing on the business area of the global environment,realize

such as LNG and renewable energy as important coalsociety?

acarbonneutralsubstitutes and the capture and reuse of CO2, Chiyoda willbalance its business portfolio according to the global drive
towards a carbon neutral society and the government’s
announcement of becoming carbon neutral by 2050.
-End-Please address inquiries to: IR, PR & CSR Department: Tel. +81-45-225-7734
Note: Some additions and corrections have been made to simplify the content for readers. Any
projections included in these materials are based solely on information available at the time thispresentation was prepared. It is possible that actual results may vary significantly from the projections
due to a number of risk factors such as economic conditions. The results projected here should not be
construed in any way as being guaranteed by the Company. Investors are recommended not to depend
solely on these projections for making investment decisions.

2