Financial statements(1)Consolidated Balance Sheet（Millions of Yen）
As of March 31,2022
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable from completed construction contracts and otherCosts on construction contracts in progress
Other inventories
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assetsTotal non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable for construction contracts
Short-term borrowings
Accounts payable - other
Income taxes payable
Advances received on construction contracts in progress
Provision for warranties for completed construction
Provision for loss on construction contracts
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Retirement benefit liability
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

As of September 30,2022

13,19354,833
2,202
77
2,660
560
△2773,500

18,815
48,695
2,011
67
3,343
746
△1373,667

5,653

5,437

1,069
2,345
3,414

1,146
2,332
3,478

4,610
1,277
2,635
△553
7,968
17,036
90,5374,830
1,416
2,340
△553
8,033
16,94990,616

17,174
2,506
786
1,401
4,404
535
98
7,739
34,647

13,118
2,509
184
1,208
7,779
587
86
9,770
35,242

1,640
6,532
4,442
401
13,016
47,663

1,640
6,356
4,353
378
12,72847,971

9,614
2,178
29,648△27
41,4159,614
2,172
28,854△7240,569

996
△24
△187
784
673
42,87390,537

1,172
461
△92
1,541
534
42,64590,616

(2)Consolidated Statement of Income

Net sales
Net sales of completed construction contracts
Sales in other businesses
Total net sales
Cost of sales
Cost of sales of completed construction contracts
Cost of sales in other businesses
Total cost of sales
Gross profit
Gross profit on completed construction contracts
Gross profit - other businessTotal gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Share of profit of entities accounted for using equity method
Other
Total non-operating income
Non-operating expenses
Interest expenses
Commission expenses
Guarantee commission
OtherTotal non-operating expenses
Ordinary profitExtraordinary income
Gain on sale of non-current assets
OtherTotal extraordinary income
Extraordinary losses
Loss on sale of non-current assets
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 attributable to non-controlling interests
Profit attributable to owners of parent

Previous Second Quarter（From April 1,2021
to September 30,2021）（Millions of Yen）
Current Second Quarter（From April 1,2022
to September 30,2022）

59,194494
59,68965,635
1,253
66,88853,609358
53,96859,250877
60,128

5,584
136
5,720
4,209
1,511

6,384
375
6,760
4,594
2,165

12
47
10
0
48
118

11
45
321
1161
540

52
79
26
2
160
1,470

52
79
31
2
166
2,540

0
0
0

759
0
759

2
1－
3
1,467
64
432
496
970
13956－
0
16
16
3,283
986
87
1,073
2,210
74
2,135

（３）Consolidated Statement 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, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

Previous Second Quarter（From April 1,2021
to September 30,2021）
970

Current Second Quarter（From April 1,2022
to September 30,2022）
2,210

△202
23
△27
△205
764

175
566
94
837
3,047

746
182,891
155

（４）Consolidated Statements of Cash Flows

Cash flows from operating activities
Profit before income taxesDepreciation
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for loss on construction contracts
Increase (decrease) in net defined benefit asset and liability
Interest and dividend income
Interest expenses
Foreign exchange losses (gains)
Loss (gain) on sale of non-current assets
Decrease (increase) in trade receivables
Decrease (increase) in costs on construction contracts in progress
Decrease (increase) in inventories
Decrease (increase) in accounts receivable - other
Increase (decrease) in trade payables
Loss (gain) on valuation of investment securities
Increase (decrease) in accounts payable - other
Increase (decrease) in advances received on construction contracts in progress
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sale of investment securities
Proceeds from collection of loans receivable
Payments into time deposits
Proceeds from withdrawal of time deposits
Payments of guarantee deposits
Proceeds from refund of guarantee deposits
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
Dividends paid to non-controlling interests
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

Previous Second Quarter（From April 1,2021
to September 30,2021）（Millions of Yen）
Current Second Quarter（From April 1,2022
to September 30,2022）

1,467
300
△0△73△234
△60
52
△10
1
11,346△305△24,259△2,775－△60△1,120△1,33011,45260△52△1,699
9,760

3,283
414
△14△11△91
△56
52
△250
△759
6,483
191
9△680
△4,223
16
△31
3,314
1,307
8,952
56
△53
△1,0827,874△721
8△74△19－104△40－△8455
70△701△39880△20△418－－295△26
21
11,126△14△172△1△1,898－△2,08617
6,988
15,76022,749－△174△101△2,912△294△3,482399
5,917
12,89818,815