Note: This document is translation of a part of the original Japanese version and provided for reference purposes only. If there is any
discrepancy between the Japanese original and this English translation, the Japanese original will prevail.

Brief Report on Financial Statements for the Period Ending March 2023
[Japanese Standard] (Consolidated)
May 11, 2023

Name of listed company: DAI-DAN Co., Ltd.

Stock Exchange Listing:Code No.: 1980 URL: https://www.daidan.co.jp/
Tokyo Stock Exchange Prime Market
Representative of Company: Ichiro Fujisawa, Representative Director, President
Inquiries to be addressed to: Yasuo Kamei, Director, Executive Corporate Officer,
Head of General Administration
Tel. (06) 6447 - 8003
Date scheduled to ordinary shareholders general meeting convention: June 29, 2023
Date scheduled to dividend payment commencement:
June 30, 2023
Date scheduled to submit annual securities report:
June 29, 2023
Creating supplements to the financial statement:
Yes
Holding a briefing session on the financial statement:
Yes (for instituted investors and analysts)(Amounts are indicated with figures less than 1 million yen discarded)

1. Consolidated business results for the period ending March 2023 (From April 1, 2022 to March 31, 2023)(Percentage indications show increase or decrease from the previous period.)(1) Consolidated management performance (Cumulative total)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Million yen%
Million yen%
Million yen
Period ending March 2023
185,961
14.1
8,428
11.1
9,288
Period ending March 2022
162,929
3.3
7,584(13.4)
8,095(Note)
Comprehensive income Period ending March 2023 7,083 Million yen 64.7%
Period ending March 2022 4,299 Million yen (58.5%)

Profit per share(2) Consolidated financial position
Total assets

Equity capitalvs. profit ratio

Total asset vs.
Ordinary profit
ratio

Yen Sen
―
―

%
8.3
7.6

%
6.5
6.0

Net assets

Cash flows fromoperating activities
Period ending March 2023
Period ending March 2022

2. Dividends

Cash flows frominvesting activities

Million yen
15,941(11,718)

%
55.4
55.4

Cash flows fromfinancing activities

Million yen(4,729)(873)

Yen Sen――Yen Sen
45.00
45.00

Yen Sen――

Net sales vs.
Operatingprofit ratio
%
4.5
4.7

Yen Sen
3,841.33
3,603.11

Cash and cash equivalents
at end of period

Million yen(2,218)(3,214)

Annual dividends per share
End of first quarter End of second quarter End of third quarter

%
14.7
(8.6)

Net assets per share

Equity capital ratio

Million yen
Million yen
Period ending March 2023
148,544
82,424
Period ending March 2022
139,099
77,242(Reference) Equity capital Period ending March 2023 82,242 Million yen
Period ending March 2022 77,081 Million yen(3) Consolidated cash flows

Million yen
6,626
5,778

Diluted Profit per share

Yen Sen309.56270.16

Period ending March 2023
Period ending March 2022%
14.7
(12.6)

Period end
Yen Sen
45.00
55.00

Million yen
25,34816,037

Through year

Yen Sen
Period ending March 2022
90.00
Period ending March 2023
100.00Period ending March 2024
―
55.00
―
55.00
110.00(Forecast)(Note) Breakdown of dividend for the period ending March 2023: Ordinary dividend:90yen
Commemorative dividend:10yen (120th anniversary commemorative dividend)3. Estimate of consolidated performance for the period ending March 2024 (From April 1, 2023 to March 31, 2024)(Percentage indications show increase or decrease from the previous period.)

Net sales
Mil. yen

Operating profit%

Mil. yen

Profit attributable toowners of parent

Ordinary profit
Mil. yen%Mil. Yen%

200,000
7.5
8,500
0.8
8,900
(Reference) Estimated net sales of construction contract orders 210,000 Million yen

%

(4.2)

6,500

(1.9)

Total period

Profit per share
Yen

Sen
303.60* Annotations(1) Changes in key subsidiaries in the period (changes in specific subsidiaries requiring changes of consolidation scope): None

(2) Changes in accounting policies, changes in accounting estimates, restatement
 Changes in accounting policies due to revision of accounting standards, etc.: None
 Changes in accounting policies other than : None
 Changes in accounting estimates: None Restatement: None
(3) Number of issued shares (common stock) Number of issued shares at the end of
period (including treasury shares)

Period ending
March 2023

22,981,901 shares

Period ending
March 2022

22,981,901 shares Number of treasury shares at the end of
periodPeriod ending
March 2023

1,572,067 shares

Period ending
March 2022

1,588,839 shares Average number of shares in the period

Period ending
March 2023

21,405,477 shares

Period ending
March 2022

21,388,229 shares(Note) The number of treasury shares at the end of the period includes the Company's shares held in the BIP Trust for Directors (107,302
shares for the period ending March 2022, 90,207 shares for the period ending March 2023). In addition, the Company's shares held in
the BIP Trust for Directors (112,386 shares for the period ending March 2022, 94,744 shares for the period ending March 2023) are also
included in treasury shares, which is deducted in the calculation of the average number of shares outstanding during the period.

(Reference) Estimate of individual performance
1. Individual business results for the period ending March 2023 (From April 1, 2022 to March 31, 2023)(Percentage indications show increase or decrease from the previous period.)(1) Individual management performance
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Period ending March 2023
Period ending March 2022

Million yen
179,619
161,126

%
11.5
3.2

Profit per share

Million yen
8,542
7,708

%
10.8
(10.8)%
14.7(10.2)

Million yen
6,775
5,863

%
15.5
(6.1)

Diluted Profit per share

Yen Sen316,51
274,15Period ending March 2023
Period ending March 2022

Million yen
9,423
8,216

Yen Sen――(2) Individual financial position
Total assets

Net assets

Equity capital ratio

Million yen
Million yen
Period ending March 2023
144,31280,689Period ending March 2022
136,750
75,779(Reference) Equity capital Period ending March 2023 80,689 Million yen
Period ending March 2022 75,779 Million yen

Net assets per share

%
55.9
55.4

Yen Sen
3,768.82
3,542.23

2.Estimate of individual performance for the period ending March 2024 (From April 1, 2023 to March 31, 2024)(Percentage indications show increase or decrease from the previous period.)

Net sales
Mil. yen

Operating profit%

Mil. yen

Ordinary profit%

Profit per share%

Mil. yen%

Yen Sen

190,000
5.8
8,500
(0.5)
8,900
Estimated net sales of construction contract orders 200,000 Million yen

(5.6)

6,500

(4.1)

303.60Total period(Reference)

ProfitMil. Yen* Brief report on financial statements is beyond the object of audit by CPA or an audit corporation.
* Explanation about adequate use of achievement forecasts and other noteworthy matters(Caution regarding forward-looking statements and others)
The forward-looking statements disclosed herein are based on the information available at the time of preparation of thisdocument and the assumption considered as reasonable.
Consequently, actual results differ materially from forecasts above due to changes in business results.
(How to obtain supplementary explanatory materials for financial results)
Supplementary explanatory materials for financial results will be available on the Company’s website.

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

 Contents of Information
1. Consolidated Financial Statements and Major Notes ..............................................................................................2(1) Consolidated Balance Sheets .............................................................................................................................2(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income ........................4(Consolidated Statements of Income) ..................................................................................................................4(Consolidated Statements of Comprehensive Income) ........................................................................................5(3) Consolidated Statements of Changes in Equity...................................................................................................6(4) Consolidated Statements of Cash Flows..............................................................................................................8(5) Annotation Items Concerning Consolidated Financial Statements ..................................................................10(Notes to Going Concern Assumption) ..........................................................................................................10
2. Individual Financial Statements and Major Notes ................................................................................................. 11(1) Balance Sheets ................................................................................................................................................. 11(2) Statements of Income .......................................................................................................................................14(3) Statements of Changes in Equity .....................................................................................................................15
3. Supplementary Information ...................................................................................................................................17
Divisional net sales of construction contract orders received, completed construction contracts, anduncompleted construction contracts ......................................................................................................................17

1

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

1. Consolidated Financial Statements and Major Notes(1) Consolidated Balance Sheets(Millions of yen)Previous Consolidated
Accounting Year(As of March 31, 2022)
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts and other
Electronically recorded monetary claims - operating
Costs on construction contracts in progress
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
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

2

Current Consolidated
Accounting Year(As of March 31, 2023)

16,06525,37968,90369,62515,002
464
4,416
(6)
104,846

9,487
671
3,092
(136)
108,1208,020(3,739)
4,281
158
(128)
29
893
(694)
198
1,280
104
5,893
409

9,274
(4,049)
5,225
708
(133)
574
953
(714)
238
1,280
197
7,516
1,178

15,837
10,628
1,622(138)
27,94934,253139,099

18,79011,4591,611(133)
31,72840,424
148,544DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(Millions of yen)Previous Consolidated
Accounting Year(As of March 31, 2022)
Liabilities
Current liabilities
Notes payable, accounts payable for construction
contracts
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Advances received on construction contracts inprogress
Provision for share awards
Provision for warranties for completed construction
Provision for loss on construction contracts
Deposits received
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Deferred tax liabilities
Retirement benefit liability
Long-term accounts payable - other
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

3

Current Consolidated
Accounting Year(As of March 31, 2023)

24,02523,294

12,0473,229
701

12,109
2,901
2,258

2,058

1,899

26
70
615
8,703
6,004
57,483

26
48
516
9,307
9,169
61,532

675
2,419
1,251
5
22
4,374
61,857

720
2,660
1,148
5
51
4,587
66,1194,479
4,837
63,946(3,166)70,097

4,479
4,837
68,638(3,132)74,822

6,079
34
870
6,984
160
77,242139,099

6,116
112
1,191
7,419
182
82,424
148,544DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income(Consolidated Statements of Income)Net sales of completed construction contracts
Cost of sales of completed construction contracts
Gross profit on completed construction contracts
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income from real estate
Insurance fee income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Guarantee commission
Rental expenses on real estate
Arrangement Fees
Commitment Fees
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Reversal of allowance for doubtful accounts
Total extraordinary income
Extraordinary 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 (loss) attributable to non-controlling interests
Profit attributable to owners of parent

4(Millions of yen)Previous Consolidated
Accounting Year
(From April 1, 2021
to March 31, 2022)
162,929
142,206
20,723
13,138
7,584

Current Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)
185,961
163,337
22,624
14,195
8,428

12
360
34
122
135
15
680

12
432
32
128
327
43
976

98
6
9
35
5
15
170
8,095

70
8
9
－
19
8
117
9,288

－
364
－
364

3
551
4
559

142
4
146
8,312
2,009
563
2,572
5,739
(38)
5,778

16
－
16
9,830
3,116
82
3,199
6,631
4
6,626

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(Consolidated Statements 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
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

5

Previous Consolidated
Accounting Year
(From April 1, 2021
to March 31, 2022)
5,739

Current Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)
6,631(1,367)0(72)(1,439)
4,299

36
94
321
452
7,083

4,344

7,061

(44)

22

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(3) Consolidated Statements of Changes in Equity
Previous Consolidated Accounting Year (From April 1, 2021 to March 31, 2022)(Millions of yen)

Shareholders' equity
Share capital
Balance at beginning of
periodCapital surplus

4,479

Retained earnings

Treasury shares

Total shareholders'equity60,103(3,206)

66,214

4,837

Changes during period
Dividends of surplus(1,935)(1,935)

Profit attributable toowners of parent

5,778

5,778

Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity
Total changes during
periodBalance at end of period

(1)

(1)

40

40

－

－

3,843

39

3,882

4,479

4,837

63,946(3,166)70,097

Accumulated other comprehensive income

Balance at beginning of
periodTotal
Valuation
Foreign currency Remeasurements accumulated Non-controlling Total net assets
difference oninterests
translationof defined
otheravailable-foradjustment
benefit plans comprehensive
sale securities
income
7,446

28

942

8,417

205

74,837

Changes during period
Dividends of surplus(1,935)

Profit attributable toowners of parent

5,778

Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity
Total changes during
periodBalance at end of period(1)40(1,367)6(72)(1,433)(44)(1,478)(1,367)6(72)(1,433)

(44)

2,404

6,079

34

870

6,984

160

77,2426

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

Current Consolidated Accounting Year (From April 1, 2022 to March 31, 2023)(Millions of yen)

Shareholders' equity
Share capital
Balance at beginning of
periodCapital surplus

Retained earnings

Treasury shares

Total shareholders'equity4,837

63,946(3,166)70,097

4,479

Changes during period
Dividends of surplus(1,935)(1,935)

Profit attributable toowners of parent

6,626

6,626

Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity

(0)

(0)

34

34

Total changes during
period

－

－

4,691

33

4,725

Balance at end of period

4,479

4,837

68,638(3,132)74,822

Accumulated other comprehensive income

Balance at beginning of
periodTotal
Valuation
Foreign currency Remeasurements accumulated Non-controlling Total net assets
difference oninterests
translationof defined
otheravailable-foradjustment
benefit plans comprehensive
sale securities
income
6,079

34

870

6,984

160

77,242

Changes during period
Dividends of surplus(1,935)

Profit attributable toowners of parent

6,626

Purchase of treasury
shares
Disposal of treasury
sharesNet changes in items
other thanshareholders' equity
Total changes during
periodBalance at end of period

(0)
34
36

77

321

435

22

457

36

77

321

435

22

5,182

6,116

112

1,191

7,419

182

82,4247

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(4) Consolidated Statements of Cash Flows(Millions of yen)Previous Consolidated
Accounting Year
(From April 1, 2021
to March 31, 2022)

Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in retirement benefit liability
Interest and dividend income
Interest expenses
Loss (gain) on valuation of investment securities
Loss (gain) on sale of investment securities
Loss (gain) on sale of property, plant and equipment
Loss on retirement of non-current assets
Decrease (increase) in trade receivables
Decrease (increase) in costs on construction contracts
in progress
Decrease (increase) in other current assets
Decrease (increase) in other non-current assets
Decrease (increase) in retirement benefit asset
Increase (decrease) in trade payables
Increase (decrease) in advances received on
construction contracts in progress
Increase (decrease) in other current liabilities
Increase (decrease) in other non-current liabilities
SubtotalInterest and dividends received
Interest paid
Income taxes refund (paid)
Net cash provided by (used in) operating activities

8

Current Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)

8,312
449
(7)
26
(373)
98
4
(364)
－
142
(20,693)

9,830
489
124
(17)
(444)
70
－
(551)
(3)
16
4,793

(89)

(206)

(2,992)
(10)
(363)
5,599

1,040
10
(454)
(670)

690

(158)

558
6
(9,007)373(95)(2,989)(11,718)3,241
29
17,142444(69)(1,575)
15,941DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(Millions of yen)Previous Consolidated
Accounting Year
(From April 1, 2021
to March 31, 2022)
Cash flows from investing activities
Proceeds from withdrawal of time deposits
Payments into time deposits
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Payments for retirement of property, plant andequipment
Purchase of investment securities
Proceeds from sale and redemption of investment
securities
Loan advances
Proceeds from collection of loans receivable
Payment for establishment of subsidiary
Purchase of shares of subsidiaries and associates
Other payments
Other proceeds
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from short-term borrowings
Repayments of short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
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

9

Current Consolidated
Accounting Year
(From April 1, 2022
to March 31, 2023)

27(27)(1,154)－27(30)(1,804)
3

(67)

(5)

(203)

(3)

774

744

(91)
40
(21)
－
(194)
43
(873)

－
9
－
(3,078)(658)
67(4,729)33,570(34,370)
1,100(1,578)(1)(1,935)(3,214)

21,400(21,400)
800(1,083)(0)(1,935)(2,218)97317(15,710)31,747
16,037

9,310
16,03725,348DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(5) Annotation Items Concerning Consolidated Financial Statements(Notes to Going Concern Assumption)
None

10

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

2. Individual Financial Statements and Major Notes(1) Balance Sheets(Millions of yen)Previous Fiscal Year(As of March 31, 2022)

AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Electronically recorded monetary claims - operating
Accounts receivable from completed construction
contracts
Costs on construction contracts in progress
Prepaid expenses
Advances paid
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Structures
Accumulated depreciation
Structures, net
Machinery and equipment
Accumulated depreciation
Machinery and equipment, net
VehiclesAccumulated depreciation
Vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets

11

Current Fiscal Year(As of March 31, 2023)

14,643819
15,002

23,561
1,091
9,487

67,546

66,041

436
8
559
3,812
(6)
102,822

560
8
1,228
1,717
(134)
103,562

7,815(3,596)
4,218
203
(140)
62
15
(15)
0
117
(92)
24
864
(671)
193
1,280
104
5,883

9,057
(3,899)
5,158
214
(147)
66
563
(22)
541
116
(86)
30
920
(690)
229
1,280
197
7,504

296
110
407

241
932
1,174

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(Millions of yen)Previous Fiscal Year(As of March 31, 2022)
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term loans receivable from employees
Long-term loans receivable from subsidiaries andassociates
Guarantee deposits
Distressed receivables
Prepaid pension costs
Golf club membership
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes payable - trade
Electronically recorded obligations - operating
Accounts payable for construction contracts
Short-term loans payable
Current portion of long-term borrowings
Accounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Advances received on construction contracts inprogress
Deposits received
Deposits received from employees
Provision for share awards
Provision for warranties for completed construction
Provision for loss on construction contracts
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Deferred tax liabilities
Provision for retirement benefits
Long-term accounts payable - other
Other
Total non-current liabilities
Total liabilities

12

Current Fiscal Year(As of March 31, 2023)

15,3431,080
2

15,216
4,160
1

542

1,587

754
5
9,348
605
91
(137)
27,63733,927
136,750

743
2
9,802
597
90
(130)
32,07240,750144,312355
12,04723,323
2,200
1,029
1,065
3,844
701
37

448
12,10921,315
2,200
701
1,549
4,215
2,251
2,193

1,997

1,724

8,698
909
26
69
615
87
57,009

9,289
936
26
47
516
2
59,529

675
2,045
1,212
5
22
3,961
60,971

720
2,142
1,194
5
30
4,093
63,622

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(Millions of yen)Previous Fiscal Year(As of March 31, 2022)
Net assets
Shareholders' equity
Share capital
Capital surplus
Legal capital surplus
Other capital surplus
Total capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Reserve for tax purpose reduction entry of noncurrent assets
General reserve
Retained earnings brought forward
Total retained earnings
Treasury shares
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

13

Current Fiscal Year(As of March 31, 2023)

4,479

4,479

4,716
181
4,897

4,716
181
4,897

1,119

1,119

34

30

29,72032,614
63,489(3,166)
69,69929,72037,45868,329(3,132)
74,573

6,079
6,079
75,779136,750

6,116
6,116
80,689144,312DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(2) Statements of Income(Millions of yen)Previous Fiscal Year
(From April 1, 2021
to March 31, 2022)

Net sales of completed construction contracts
Cost of sales of completed construction contracts
Gross profit on completed construction contracts
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income from real estate
Insurance fee income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Guarantee commission
Rental expenses on real estate
Arrangement Fees
Commitment Fees
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Reversal of allowance for doubtful accounts
Total extraordinary income
Extraordinary 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
Profit14

Current Fiscal Year
(From April 1, 2022
to March 31, 2023)

161,126
140,498
20,627
12,9197,708

179,619
157,432
22,187
13,644
8,542

5
360
34
122
135
19
677

36
432
32
128
327
34
992

98
6
9
35
5
15
170
8,216

63
8
9
－
19
8
111
9,423

－
364
－
364

3
551
4
559

142
4
146
8,433
2,003
567
2,570
5,863

16
－
16
9,966
3,110
81
3,191
6,775

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

(3) Statements of Changes in Equity
Previous Fiscal Year (From April 1, 2021 to March 31, 2022)(Millions of yen)

Shareholders' equity
Capital surplus

Retained earnings
Other retained earnings

Balance at beginning of period

SharecapitalLegalcapitalsurplus

OthercapitalsurplusTotal
capitalsurplus

4,479

4,716

181

4,897

Reservefor tax
Legalpurposeretained reduction Generalearnings entry of reserve
noncurrent
assets
1,119

37

Total
Retainedearnings retainedbrought earnings
forward29,72028,68259,5603－

Dividends of surplus(1,935)(1,935)

Profit

5,863

5,863

Changes during period
Reversal of reserve(3)

Purchase of treasury shares
Disposal of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

－

－

－

－

－

(3)

－

3,932

3,928

4,479

4,716

181

4,897

1,119

34

29,72032,614

63,489

Shareholders' equity
Treasury shares
Balance at beginning of period

Valuation and translation adjustments

Valuation
Total shareholders'difference on
equityavailable-for-salesecurities(3,206)65,731

7,446

Total valuationand translation
adjustments

Total net assets

7,446

73,178Changes during period
Reversal of reserve－－

Dividends of surplus(1,935)(1,935)

Profit

5,863

5,863

Purchase of treasury shares

(1)

(1)

(1)

Disposal of treasury shares

40

40

40

Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period(1,367)(1,367)(1,367)39

3,968(1,367)(1,367)2,600(3,166)

69,699

6,079

6,079

75,77915

DAI-DAN Co., Ltd. (1980), Brief Report on the Financial Statements for the Period Ending March 2023

Current Fiscal Year (From April 1, 2022 to March 31, 2023)(Millions of yen)

Shareholders' equity
Capital surplus

Retained earnings
Other retained earnings

Balance at beginning of period

SharecapitalLegalcapitalsurplus

OthercapitalsurplusTotal
capitalsurplus

4,479

4,716

181

4,897

Reservefor tax
Legalpurposeretained reduction Generalearnings entry of reserve
noncurrent
assets
1,119

34

Total
Retainedearnings retainedbrought earnings
forward29,72032,614

63,4893－

Dividends of surplus(1,935)(1,935)

Profit

6,775

6,775

Changes during period
Reversal of reserve(3)

Purchase of treasury shares
Disposal of treasury shares
Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

－

－

－

－

－

(3)

－

4,843

4,840

4,479

4,716

181

4,897

1,119

30

29,72037,45868,329

Shareholders' equity
Treasury shares
Balance at beginning of period

Valuation and translation adjustments

Valuation
Total shareholders'difference on
equityavailable-for-salesecurities(3,166)

69,6996,079

Total valuationand translation
adjustments

Total net assets

6,079

75,779Changes during period
Reversal of reserve－－

Dividends of surplus(1,935)(1,935)

Profit

6,775

6,775

Purchase of treasury shares

(0)

(0)

(0)

Disposal of treasury shares

34

34

34

Net changes in items other thanshareholders' equity
Total changes during period
Balance at end of period

36

36

36

33

4,874

36

36

4,910

(3,132)

74,573

6,116

6,116

80,68916

DAI-DAN Co., Ltd. (1980), Brief Report on the Third Quarter Financial Statements for the Period Ending March 2023

2. Supplementary Information

Divisional net sales of construction contract orders received, completed construction contracts, and uncompleted
construction contracts (consolidated)(Millions of yen)Previous Consolidated
Accounting Year

Current Consolidated
Accounting Year

(From April 1, 2021
to March 31, 2022)(From April 1, 2022
to March 31, 2023)

AmountNet sales of construction
contract orders received

Electrical installations

Net sales of completed
construction contracts

Amount(decrease)

Component
ratio %

AmountRatio %

27,25414.9

28,741

13.9

1,487

5.5

117,96664.2

133,21964.6

15,25212.9

38,44720.9

44,377

21.5

5,929

15.4

156,41485.1

177,596

86.1

21,182

13.5

Total

183,668

100.0

206,337100.0

22,669

12.3(Renovations)

89,224

48.6

83,691

40.6(5,533)(6.2)(Industrial facilities)

74,63340.6

91,181

44.2

16,54722.2(Overseas operations)

11,386

6.2

20,390

9.9

9,004

79.1

Electrical installations

25,67615.8

32,879

17.7

7,202

28.1

Air
conditioning
installations

98,27060.3

112,452

60.5

14,182

14.4

Plumbing
installations

38,982

23.9

40,630

21.8

1,647

4.2

subtotal

137,25384.2

153,082

82.3

15,829

11.5

Total

162,929100.0

185,961

100.0

23,032

14.1(Renovations)

85,18352.3

84,285

45.3

(897)

(1.1)

(Industrial facilities)

69,62942.7

75,874

40.8

6,244

9.0

(Overseas operations)

10,414

6.4

17,233

9.3

6,819

65.5

Electrical installations

and plumbingAir
conditioning
installations
Plumbing
installations

installations

subtotalAir
conditioningAir

Net sales of uncompleted
construction contracts

Component
ratio %

Increaseconditioning
and plumbing
installations

23,462

14.3

19,32410.5(4,137)(17.6)

Air
conditioning
installations

105,634

64.5

126,401

68.6

20,767

19.7

Plumbing
installations

34,68521.2

38,431

20.9

3,746

10.8

subtotal

140,31985.7

164,833

89.5

24,513

17.5

Total

163,782

100.0

184,158

100.0

20,375

12.4(Renovations)

36,89622.5

36,302

19.7

(593)

(1.6)

(Industrial facilities)

45,26027.6

60,56732.9

15,306

33.8(Overseas operations)

12,8397.8

15,996

8.7

3,157

24.6

Air
conditioning
and plumbing
installations(Note) 1. The “Air conditioning and plumbing installations” category has been set as a total of air conditioning installations and plumbing
installations.
2. Renovations, Industrial facilities and Overseas operations are aggregated for each type of construction. These includes duplicatedconstruction.

17

DAI-DAN Co., Ltd. (1980), Brief Report on the Third Quarter Financial Statements for the Period Ending March 2023

Divisional net sales of construction contract orders received, completed construction contracts, and uncompleted
construction contracts (individual)(Millions of yen)Previous Fiscal Year
(From April 1, 2021
to March 31, 2022)
AmountElectrical installations
Net sales of construction
contract orders received(From April 1, 2022
to March 31, 2023)
AmountComponent
ratio %

AmountRatio %

15.0

27,013

13.8

(268)

(1.0)

116,09464.0

130,368

66.6

14,27412.3

38,14921.0

38,350

19.6

201

0.5

154,24485.0

168,71986.2

14,475

9.4

Total

181,525

100.0

195,732

100.0

14,207

7.8(Renovations)

87,23248.1

75,815

38.7(11,417)(13.1)(Industrial facilities)

73,764

40.6

83,324

42.6

9,560

13.0

(Overseas operations)

11,148

6.1

12,268

6.3

1,119

10.0

Electrical installations

25,197

15.6

32,023

17.8

6,826

27.1

97,17460.3

109,991

61.2

12,81613.2

38,75524.1

37,60521.0(1,150)(3.0)

135,92984.4

147,596

82.2

11,666

8.6

Total

161,126

100.0

179,619100.0

18,493

11.5(Renovations)

83,38951.8

79,23244.1(4,157)(5.0)(Industrial facilities)

68,74842.7

71,323

39.7

2,574

3.7

(Overseas operations)

9,710

6.0

13,059

7.3

3,348

34.5

Electrical installations

23,311

14.3

18,301

10.2(5,009)(21.5)

104,73264.4

125,10970.0

20,37719.5

34,61421.3

35,359

19.8

745

2.2

139,34685.7

160,469

89.8

21,122

15.2

Total

162,658

100.0

178,771

100.0

16,112

9.9(Renovations)

35,91122.1

32,49318.2(3,417)(9.5)(Industrial facilities)

44,575

27.4

56,57731.6

12,001

26.9(Overseas operations)12,6087.8

11,817

6.6

(790)

(6.3)

and plumbingAir
conditioning
installations
Plumbing
installations

installations

subtotal

conditioning

and plumbingAir
conditioning
installations
Plumbing
installations

installations

subtotal

Air
Net sales of completed
construction contracts

Increase(decrease)

27,281Air

Net sales of uncompleted
construction contracts

Component
ratio %

Current Fiscal Yearconditioning

and plumbingAir
conditioning
installations
Plumbing
installations

installations

subtotalAir
conditioning(Note) 1. The “Air conditioning and plumbing installations” category has been set as a total of air conditioning installations and plumbing
installations.
2. Renovations, Industrial facilities and Overseas operations are aggregated for each type of construction. These includes duplicatedconstruction.

18