Financial statements(1)Consolidated Balance Sheet(Millions of yen)
As of March 31, 2023
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivablefrom completed construction contracts andother
Costs on construction contracts inprogress
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 assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable for construction
contracts
Short-term borrowings
Current portion of bonds payable
Accounts payable - other
Income taxes payable
Advances received on construction
contracts in progress
Provision for warranties for completedconstruction
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

As of September 30, 2023

11,895

16,62861,16350,906

1,335

1,379

60
1,790
488
△1376,719

54
1,606
794
△10
71,361

5,283

5,121

1,067
2,064
3,131

1,062
2,108
3,171

4,732
1,220
2,462
△515
7,900
16,31593,034

5,428
1,259
2,125
△515
8,297
16,59087,951

15,333

16,771

1,808
－
204
1,583

1,786
390
187
528

4,638

6,264

573

571

38

34

11,01035,1905,168
31,702

1,640
6,884
4,292
359
13,17648,367

1,250
6,729
4,233
362
12,57444,277

(Millions of yen)
As of March 31, 2023
Net assets
Shareholders' equityShare capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets

As of September 30, 2023

9,614
2,186
30,919△73
42,646

9,614
2,191
28,940△190
40,555

1,103

1,633

486
△237824
△229

1,352

2,227668
44,66793,034889
43,673
87,951(2)Consolidated Statement of Income(Millions of yen)Six months ended
September 30, 2022
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 forusing equity method
Other
Total non-operating income
Non-operating expenses
Interest expenses
Commission expenses
Guarantee commission
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Other
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Impairment losses
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-controllinginterests
Profit attributable to owners of parent

Six months ended
September 30, 2023

65,63568,665

1,253
66,8881,375
70,04059,25062,773877
60,128990
63,764

6,384

5,892

375
6,760
4,594
2,165

384
6,276
4,691
1,585

11
45
321

31
57
239

1

1

161
540

47
378

52
79
31
2
166
2,540

50
79
229
161
1,802

759
0
759

16
0
16－－
0
16
16
3,283
986
87
1,073
2,210

4
32
0－
38
1,780
341
178
520
1,259

74

158

2,135

1,101

（３）Consolidated Statement of Comprehensive Income(Millions of yen)Six months ended
September 30, 2022
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, netof tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests

Six months ended
September 30, 2023

2,210

1,259

175

529

566

400

94

7

837
3,047

937
2,197

2,891

1,976

155

221

（４）Consolidated Statements of Cash Flows(Millions of yen)Six months ended
September 30, 2022
Cash flows from operating activities
Profit before income taxes
Depreciation
Impairment losses
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 inventoriesDecrease (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 andequipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sale and redemption ofinvestment securities
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-termborrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
Dividends paid to non-controlling interests

Six months ended
September 30, 2023

3,283414－

1,780383
32△14△3△11△4△91△87△5652△250△7596,483△8950△192△1110,482

191△4495△680

185△4,223

1,319

16－△31△113,314

1,567

1,307
8,952
56
△53
△1,082△6,2179,143
136△51△1,262

7,874

7,965

△39△54880

19△20△4△146△41815295△2621198△45
23
11,126△92－△4△174△101△2,912
△294

△176
△161
△3,071－

(Millions of yen)Six months ended
September 30, 2022
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 ofperiod
Cash and cash equivalents at end of period

Six months ended
September 30, 2023

△3,482△3,413

399

372

5,917

4,832

12,898

11,796

18,815

16,628