Financial Results Material for
the Third Quarter of the
Period Ending March 2024
February 8, 2024

Contents

Consolidated Performance Summary
Third Quarter Financial Closing Highlights
Full-Year Earnings Forecast

Reference: DATA FILE

2

Third Quarter Financial Results
for the Period Ending March 2024

Consolidated
Performance
Summary3

Consolidated Performance Summary
Overview of consolidated management indicators, etc. (operating results)(Millions of yen)
3rd Quarter of
period ended
March 2023

3rd Quarter of
period ending
March 2024

Increase(Decrease)

Change rate

Net sales of uncompleted construction
contracts at beginning of period

163,782

184,158

20,375

12.4%

Net sales of construction contract orders
received

165,583

214,448

48,86429.5%

Net sales of completed construction
contracts

130,088

139,504

9,415

7.2%

15,476

17,472

1,995

12.9%

11.9%

12.5%

0.6p

–

5,171
4.0%
5,851
4.5%
3,999
3.1%

6,342
4.5%
6,882
4.9%
5,115
3.7%

1,171
0.6p
1,030
0.4p
1,116
0.6p

22.7%
–
17.6%
–
27.9%
–

Gross profit on completed construction
contracts
Gross profit margin of completed
construction contracts (%)
Operating profit
Operating profit margin (%)
Ordinary profit
Ordinary profit margin (%)

Net profit attributable to owners of parent
Net profit margin (%)

Business environment and the Company’s performance summary
Our operating results through profitability-focused order-taking activities are as follows.
⚫ Net sales of construction contract orders received grew substantially compared to the previous period thanks to orders for large-scale
semiconductor plants and automotive battery plants.
⚫ Net sales of completed construction contracts increased as measures taken mainly for securing large-scale general construction projects
encouraged steady progress with uncompleted construction contracts.
⚫ Gross profit margin of completed construction contracts turned upward due to improved profits resulting from an increase in net sales ofcompleted construction contracts as well as passing increases in material and labor costs onto contract amounts; this pushed up bothgross profit on completed construction contracts and operating profit.
© 2024 DAI-DAN Co.,Ltd.

4

Consolidated Performance Summary
Breakdown of increase/decrease in consolidated operating profit(Millions of yen)

875

(825)
Increase Decrease

6,342

1,120

5,171

Results of 3rd Quarter of
period ended March 2023

Increase in net sales ofcompleted construction
contracts

Increase in gross profit marginof completed construction
contracts

Increase in SG&A expenses

Results of 3rd Quarter of
period ending March 2024

⚫ Net sales of completed construction contracts increased significantly due to steady progress with the large amount of construction work carriedover from the previous period.
⚫ As shown in the previous page, gross profit margin of completed construction contracts increased due to improved profits.
⚫ The increase in SG&A expenses is attributable to expenses for “DX investments, including investment in raising efficiency in field operation andoffice work,” “R&D and depreciation in new businesses and construction efficiency improvement,” and “business activities associated withrecent business expansion.”© 2024 DAI-DAN Co.,Ltd.

5

Consolidated Performance Summary
Trends in consolidated net sales by construction type(Millions of yen)

Net sales(uncompleted)

Net sales(completed)

Orders received

3rd Quarter of
period ended
March 2023

3rd Quarter of
period ending
March 2024

Increase(Decrease)

Change rate

Electrical installations

24,21232,438

8,226

34.0%

Air conditioning andplumbing installations

141,370

182,009

40,638

28.7%

Total

165,583

214,448

48,864

29.5%

Electrical installations

21,921

21,860

(60)

-0.3%

Air conditioning andplumbing installations

108,167

117,643

9,475

8.8%

Total

130,088

139,504

9,415

7.2%

Electrical installations

25,75329,902

4,149

16.1%

Air conditioning andplumbing installations

173,522229,199

55,676

32.1%

Total

199,276

259,10259,82530.0%⚫ With increases in electrical installations with orders for industrial facilities, overall orders received increased significantly year-on-year.
⚫ Net sales (completed) increased thanks to steady progress in large-scale construction projects including industrial facilities and airports as wellas heat source construction work for overseas resort facilities.
⚫ Net sales (uncompleted) increased, supported by construction contracts carried over from the previous period and orders for large-scale
projects such as industrial facilities, medical facilities, and redevelopment projects.
© 2024 DAI-DAN Co.,Ltd.

6

Consolidated Performance Summary
Overview of consolidated management indicators, etc. (financial position)(Millions of yen)
Period ended
March 2023

3rd Quarter of
period ending
March 2024

Increase(Decrease)

Major factors behind increase/decrease
and annotation items

Change rate

Net assets

82,42486,440

4,015

4.9%

Increases in retained earnings and valuationdifference on available-for-sale securities

Total assets

148,544

150,353

1,809

1.2%

Recording of receivables and payables asconstruction progresses*(Reference) Closing stock price as of Mar. 31, 2023:
1,184 yen
Closing stock price as of Dec. 31, 2023:
1,425 yen
* The value represents the stock price after thestock split executed as of October 1, 2023.

**

Book value per share (BPS)

1,920.67 yen

2,011.71 yen

91.04 yen

4.7%

Price book-value ratio (PBR)

0.62 times

0.71 times

–

–

55.4%

57.3%

2.0p

Equity capital ratio– –Overview of consolidated management indicators, etc. (cash flows)(Millions of yen)
3rd Quarter of
period ended
March 2023

3rd Quarter of
period ending
March 2024

Increase(Decrease)

Major factors behind increase/decrease
and annotation items

Change rate

Cash flows from operating activities

4,325(8,160)(12,485)–

Advance payment of construction costs

Cash flows from investing activities(850)(1,208)(358)–

Reconstruction of Niigata Branch andconstruction of offsite facilities

Cash flows from financing activities(2,240)

4,248

6,489

–

Borrowing of short-term loans

Cash and cash equivalents at
beginning of period

16,03725,3489,310

58.1% –

Increase/decrease in cash and cash
equivalents

1,462(5,115)(6,577)– –Cash and cash equivalents at end ofquarter

17,50020,233

2,733

15.6% –© 2024 DAI-DAN Co.,Ltd.

7

Consolidated Performance Summary
Breakdown of cash flows (Trends in period-end balance of cash and cash equivalents)(Millions of yen)

(8,160)Operating CF
Increase Decrease

Period-end
cash and cash
equivalents
25,348Period ended
March 2023

4,248
Financing CF(1,208)Investing CF

5Translationdifferences

Period-end
cash and cash
equivalents
20,2333rd Quarter of
period ending
March 2024

⚫ Regarding the breakdown of cash flows, increases or decreases in net cash in three categories is attributable to different factors: Operating CF(advance payment of construction costs), Investing CF (reconstruction of Niigata Branch and construction of offsite facilities), and Financing CF(borrowing of short-term loans as working capital in response to advance cost payment with the progress of large-scale construction projects).
⚫ We have signed commitment credit line agreements with three banks for efficient working capital financing.
© 2024 DAI-DAN Co.,Ltd.

8

Third Quarter Financial Results
for the Period Ending March 2024

Third Quarter
Financial Closing
Highlights
9Status of construction orders received
Renovations, direct orders, and public works(Millions of yen)
Period ending
March 2024

Period ended March 2023
First to third quarter

Fourth quarter

Full year

First to third quarter

Year-on-year change
Increase(Decrease)

Change rate

66,24017,451

83,691

62,820(3,419)-5.2%

Ratio of renovations (%)

40.0%

42.8%

40.6%

29.3%

-10.7p–Mid-to-large renovations

31,913

7,105

39,01829,068(2,844)-8.9%

Small-scale renovations

34,327

10,34544,67333,752

(574)

-1.7%

General construction works

99,342

23,303

122,646

151,627

52,284

52.6%

Total orders received

165,583

40,754

206,337

214,448

48,86429.5%

Of which, direct orders

70,54019,75390,293

98,63728,097

39.8%

42.6%

48.5%

43.8%

46.0%

3.4p

–

15,296

4,534

19,83023,131

7,835

51.2%

9.2%

11.1%

9.6%

10.8%

1.5p

–

Renovations

Ratio of direct orders (%)
Of which, public works
Ratio of public works (%)⚫ Renovations decreased as we focused on receiving large-scale general construction project orders to increase order receipts.
⚫ General construction work increased thanks to orders received mainly for industrial facilities.
⚫ Direct orders were significantly boosted by large-scale semiconductor plant projects received.
⚫ Public work grew substantially thanks to large-scale project orders received.

© 2024 DAI-DAN Co.,Ltd.

10

Status of construction orders received
Industrial facilities(Millions of yen)

Period ending
March 2024

Period ended March 2023
First to third quarter

Full year

First to third quarter

Increase(Decrease)

Change rate

76,196

14,984

91,181

132,418

56,222

73.8%

46.0%

36.8%

44.2%

61.7%

15.7p

–

165,583

40,754

206,337

214,448

48,864

29.5%

Total industrial facilities(Share of total orders: %)Total orders received

Fourth quarter

Year-on-year change* Factories, labs, data centers, and logistics facilities are classified as “industrial facilities.”

Trends in industrial facility orders received
Industrial facilities

Of which, small-scale work

Industrial facilities’ share of total orders(Millions of yen)

150,000

70%
9,014

120,000

60%
50%

90,000⚫ In the 3rd quarter, orders received forindustrial facility construction increased
significantly from large-scale semiconductor
plants and automotive battery plants;
industrial facilities’ share of total orders iswell above our target of 50%, currently
standing at over 60%.

40%
9,587

60,000123,405

8,658
8,992

30,00042,552

31,27849,90930%
20%

66,609

10%

0

0%
3Q of
period ended
March 2020

© 2024 DAI-DAN Co.,Ltd.

3Q ofperiod ended
March 2021

3Q ofperiod ended
March 2022

3Q ofperiod ended
March 2023

3Q ofperiod ending
March 2024

11

Status of construction orders received
Overseas operations⚫ Singapore (Branch and DAI-DAN INTERNATIONAL ASIA PTE. LTD.), Thailand (DAI-DAN (THAILAND) CO., LTD.), Vietnam (DAI-DAN(VIETNAM) CO., LTD. (non-consolidated)), and Taiwan (DAI-DAN Taiwan Co., Ltd. (non-consolidated)) are the bases of our overseas
operations.
⚫ In February 2023, we acquired 40% of shares of Presico Engineering Pte. Ltd., a Singaporean company, and made it an equity method
applied affiliate.
(Millions of yen)
Period ending
March 2024

Period ended March 2023
First to third quarter

Fourth quarter

Full year

First to third quarter

Year-on-year change
Increase(Decrease)

Change rate

Total overseas orders received(consolidated)

15,0205,370

20,39013,120(1,899)-12.6%(Share of total orders: %)

9.1%

13.2%

9.9%

6.1%

-3.0p

–

165,583

40,754

206,337

214,448

48,864

29.5%

Total orders received

Trends in overseas construction orders received(Consolidated)
SINGAPORE (BRANCH & DAI-DAN INTERNATIONAL ASIA)
DAI-DAN (THAILAND)
Overseas share of total orders(Millions of yen)

15,000

1,714
1,798

10,000

45

623
503

5,000

9,088

13,306
10,196⚫ Singapore received several large projectorders that had been postponed from thesecond quarter to the third quarter, bringing
the total to 85% of the previous period’s
12.5%
level, when a sharp increase in orders forlarge projects was recorded.
⚫ Orders received in Thailand were on a par7.5%
with the previous period as orders forfactory projects were similarly strong.

11,322

6,241

2.5%

0

-5,000

3Q ofperiod ended
March 2020

© 2024 DAI-DAN Co.,Ltd.

3Q ofperiod ended
March 2021

3Q ofperiod ended
March 2022

3Q ofperiod ended
March 2023

3Q ofperiod ending
March 2024

-2.5%

12

Status of completed construction contracts(Millions of yen)
Third quarter of period
ended March 2023

Third quarter of period
ending March 2024

Year-on-year change

Monetary amountComposition ratio

Monetary amountComposition ratio

Monetary amount

130,088

100.0%

139,504

100.0%

9,415

7.2%

(Renovations)

57,71744.4%

52,98038.0%(4,736)-8.2%(Industrial facilities)

51,92839.9%

63,48745.5%

11,55822.3%(Overseas operations)11,602

8.9%

12,464

8.9%

862

7.4%

Total net sales of completed
construction contracts
Of which;

Change rate

* The figures in the table include a certain amount of overlap, as calculation is done by construction type: renovations, industrial facilities, and overseas operations.

Consolidated net sales of completed construction contracts(Millions of yen)

140,000
120,000
100,000
80,00060,00040,000⚫ Renovations decreased with the increasein order intake for general construction
projects.
⚫ Industrial facility construction work
increased primarily due to progress inlarge-scale construction projects forfactories and data centers.
⚫ In addition to the above, progress withredevelopment projects pushed up net
sales of completed construction contracts
as a whole.

20,0000
3Q ofperiod ended
March 2020
Renovations© 2024 DAI-DAN Co.,Ltd.

3Q ofperiod ended
March 2021

Industrial facilities

3Q ofperiod ended
March 2022

Overseas operations

3Q ofperiod ended
March 2023

3Q ofperiod ending
March 2024

Total net sales of completed construction contracts

13

Status of uncompleted construction contracts(Millions of yen)
Third quarter of period
ended March 2023
Monetary amount

Third quarter of period
ending March 2024

Composition ratio

Monetary amountYear-on-year change

Composition ratio

Monetary amount

Change rate

Net sales of uncompleted
construction contracts at
beginning of period

163,782–

184,158–

20,375

12.4%

Net sales of construction
contract orders received

165,583–

214,448–

48,86429.5%

Net sales of completed construction
contracts

130,088–

139,504

–

9,415

7.2%

Net sales of uncompleted
construction contracts

199,276

100.0%

259,102100.0%

59,82530.0%

Of which; (Renovations)45,41922.8%

46,142

17.8%

722

1.6%

(Industrial facilities)

69,52834.9%

129,499

50.0%

59,97086.3%(Overseas operations)

16,2578.2%

16,652

6.4%

395

2.4%

Of these, contracts to be completed
in the fourth quarter of the current period

47,345–51,247

–

3,902

8.2%

151,931–207,855–

55,92436.8%

Of these, contracts to be completed
in the next period onward* The figures in the table include a certain amount of overlap, as calculation is done by construction type: renovations, industrial facilities, and overseas operations.

Consolidated net sales of uncompleted construction
contracts(Millions of yen)

300,000
250,000
200,000
150,000
100,000
50,0000Renovations

3Q ofperiod ended
March 2020

3Q ofperiod ended
March 2021

Industrial facilities

Overseas operations© 2024 DAI-DAN Co.,Ltd.

3Q ofperiod ended
March 2022

3Q ofperiod ended
March 2023

3Q ofperiod ending
March 2024

⚫ As for uncompleted construction contracts for thecurrent period, net sales of construction contract
orders received exceeded net sales of completed
construction contracts, posting year-on-year growth.
⚫ A sufficient volume of unfinished construction projects
has been secured, especially for large-scale projects
such as industrial facilities and medical facilities, andthese will contribute to the future value of work done.
⚫ There has been a trend over the past year wherematerial equipment and labor costs increased due to
inflation and were passed onto contracted amounts

Total net sales of uncompleted construction contracts

14

Quarterly operating results(Millions of yen)

Net sales of
construction
contract orders
received

Net sales ofcompleted
construction
contracts

Period ended March
2023

Period ending March
2024

Increase(Decrease)

April–June

66,71267,005292

0.4%

July–September

58,25361,518

3,265

5.6%

October–December

40,61785,92445,307111.5%

April–December

165,583

214,448

48,86429.5%

April–June

35,342

40,731

5,389

15.2%

July–September

47,34850,574

3,226

6.8%

October–December

47,39848,197799

1.7%April–December

130,088

139,504

9,415

7.2%

April–June

818

691

(126)

-15.5%

July–September

2,832

2,340

(492)

-17.4%

October–December

1,521

3,311

1,790

117.8%

April–December

5,171

6,342

1,171

22.7%

Change rate

Operating profit⚫ For the period from October to December, net sales of construction contract orders received doubled from the previous period thanks toorders received for large-scale semiconductor plants and automotive battery plants. Net sales of completed construction contracts posted
growth with steady progress in industrial facilities and redevelopment projects. In addition, through profitability-focused order-taking
activities, operating profit also showed a significant year-on-year increase.
© 2024 DAI-DAN Co.,Ltd.

15

Third Quarter Financial Results
for the Period Ending March 2024

Full-Year Earnings
Forecast for the
Period Ending
March 202416

Full-year earnings forecast
Consolidated full-year earnings forecast(Millions of yen)
Period ended March 2023
First to third
quarter

Fourthquarter

Period ending March 2024

Full year

Full year(Previous
forecast)

First to third
quarterYear-on-year change, full year

Fourthquarter(Forecast)

Full year(Recent
forecast)

Increase(Decrease)

Change rate

Net sales of construction
contract orders received

165,583

40,754

206,337

240,000

214,448

25,552240,000

33,663

16.3%

Net sales of completed
construction contracts

130,088

55,873

185,961

200,000

139,504

55,496

195,000

9,039

4.9%

15,476

7,148

22,624

24,40017,472

7,228

24,700

2,076

9.2%

11.9%

12.8%

12.2%

12.2%

12.5%

13.0%

12.7%

0.5p

–

5,171

3,257

8,428

8,500

6,342

2,658

9,000

572

6.8%

4.0%

5.8%

4.5%

4.3%

4.5%

4.8%

4.6%

0.1p

–

5,851

3,437

9,288

8,900

6,882

2,518

9,400

112

1.2%

4.5%

6.2%

5.0%

4.5%

4.9%

4.5%

4.8%

-0.2p

–

3,999

2,627

6,626

6,500

5,115

1,985

7,100

474

7.1%

3.1%

4.7%

3.6%

3.3%

3.7%

3.6%

3.6%

0.1p

–

–

–

8.3%

7.7%

–

–

8.4%

0.1p

–

Gross profit on completed
construction contracts
Gross profit margin ofcompleted construction
contracts (%)
Operating profit
Operating profit margin (%)
Ordinary profit
Ordinary profit margin (%)
Net profit attributable toowners of parent
Net profit margin (%)
Return on equity (ROE)

Preconditions for earnings forecast⚫ Net sales of completed construction contracts are forecast to decrease by 5,000 million yen to 195,000 million yen, due mainly to the factthat the construction projects that will contribute to the value of work done for the current period did not make progress as initially planned.
On the other hand, gross profit on completed construction contracts is expected to increase by 300 million yen to 24,700 million yen, due
mainly to better-than-expected improvement in profits from uncompleted construction contracts carried over from the previous period.
⚫ Operating profit is expected to be 9,000 million yen, up 500 million yen from our most recent announcement, reflecting the increase ingross profit on completed construction contracts and our cost reduction efforts.
⚫ Net sales of construction contract orders received remain unchanged from our most recent announcement.
© 2024 DAI-DAN Co.,Ltd.

17

Shareholder return
Revision of dividend forecast⚫ The year-end dividend forecast for the period ending March 31, 2024 will be determined in a timely manner based on our future
performance trends in accordance with the shareholder return policy as described below, and will be announced as soon as it isdetermined.
Full-year dividend

Total dividend

Dividend ratio

Dividend on
equity ratio(Total sum)(Consolidated)(Consolidated)

End of second
quarter

End of period

Yen SenYen SenYen SenMillion yen%%

Period ended March 2022

45.00

45.00

90.00

1,935

33.3%

2.5%

Period ended March 2023

45.00

55.00

100.00

2,150

32.3%

2.7%

Period ending March 2024 (Forecast)(On the pre-stock split basis)

55.00

30.00
(60.00)–(115.00)

–

34.7%

–

Total

Shareholder return policy⚫ We consider returning profits to our shareholders through profit distribution as the most important management issue and strive to build asound financial structure.
⚫ Aiming to further promote profit returns to shareholders, we have set a new dividend policy of a dividend payout ratio of 35% or more forthe period ending March 2024 and onward.

Purchase of treasury shares⚫ We will consider it as appropriate aiming for returning profits to our shareholders and improving capital efficiency.
© 2024 DAI-DAN Co.,Ltd.

18

Reference:
DATA FILE(Full Year)
19

Consolidated net sales of construction orders received
by construction type (Full year)(Millions of yen)
Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

Period ended
March 2023

Electrical installations

25,69030,88527,23627,25428,741

Air conditioning andplumbing installations

132,843

139,236

149,289

156,414

177,596

Total

158,533

170,121

176,526

183,668

206,337(Millions of yen)

Consolidated net sales of construction orders received(by construction type)240,000

200,000

28,741160,000

25,69030,88527,23627,254
Electrical installations
Air conditioning andplumbing installations

120,000

177,596

80,000132,843

139,236

Period ended
March 2019

Period ended
March 2020

149,289

156,414

Period ended
March 2021

Period ended
March 2022

40,0000© 2024 DAI-DAN Co.,Ltd.

Period ended
March 2023

20

Trends in consolidated orders received(Orders received / Renovations) (Full year)(Millions of yen)
Period ended
March 2019

Net sales of
construction contract
orders received

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

Period ended
March 2023

158,533

170,121

176,526

183,668

206,337

Renovations

82,10985,00177,75489,224

83,691

Percentage ofrenovations

51.8%

50.0%

44.0%

48.6%

40.6%

Trends in consolidated orders received(Orders received / Renovations [Orders received / Percentage])(Millions of yen)
250,000

60.0%

50.0%

200,000

40.0%
150,000
30.0%
100,000
20.0%
50,00082,10985,00177,754

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

89,224

83,691

Period ended
March 2022

Period ended
March 2023

0

0.0%

Of which, renovations© 2024 DAI-DAN Co.,Ltd.

10.0%

Orders received

Percentage of renovations

21Percentage of consolidated orders received by division(Full year)
Percentage of orders received
Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

Period ended
March 2023

East Japan Division

56.7%

57.4%

57.4%

58.0%

52.6%

West Japan Division

36.9%

36.6%

37.0%

35.8%

37.6%

International Division

6.4%

6.0%

5.5%

6.2%

9.9%

Percentage of orders received by division* The Central Japan Division was integrated into
the East Japan Division during the period ending
March 31, 2024, due to reorganization.

100%

80%
56.7%

57.4%

57.4%

58.0%

52.6%

60%
East Japan Division
West Japan DivisionInternational Division

40%
37.6%
36.9%

36.6%

37.0%

35.8%

6.4%

6.0%

5.5%

6.2%

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

20%

0%

© 2024 DAI-DAN Co.,Ltd.

9.9%
Period ended
March 2023

22

Consolidated net sales of completed construction contracts
by construction type (Full year)(Millions of yen)
Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

Period ended
March 2023

Electrical installations

24,393

26,84024,86525,67632,879Air conditioning andplumbing installations

131,171

142,388

132,846

137,253

153,082

Total

155,565

169,229

157,712

162,929

185,961(Millions of yen)

Consolidated net sales of completed construction contracts(by construction type)240,000

200,000

32,879160,000

26,84024,86524,393

Electrical installations

25,676Air conditioning andplumbing installations

120,000

80,000131,171

142,388

132,846

137,253

Period ended
March 2021

Period ended
March 2022

153,082

40,0000
Period ended
March 2019

© 2024 DAI-DAN Co.,Ltd.

Period ended
March 2020

Period ended
March 2023

23

Percentage of consolidated net sales of completed
construction contracts by division (Full year)
Percentage of net sales of completed construction contracts
Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

Period ended
March 2023

East Japan Division

55.1%

61.1%

58.3%

54.8%

56.0%

West Japan Division

40.2%

34.9%

37.7%

38.8%

34.8%

International Division

4.7%

4.0%

4.1%

6.4%

9.3%

Percentage of net sales of completed
construction contracts by division* The Central Japan Division was integrated into
the East Japan Division during the period ending
March 31, 2024, due to reorganization.

100.0%

80.0%
55.1%

61.1%

58.3%

54.8%

56.0%

60.0%
East Japan Division
West Japan DivisionInternational Division

40.0%

40.2%

© 2024 DAI-DAN Co.,Ltd.

34.8%

4.1%

6.4%

9.3%

Period ended
March 2021

Period ended
March 2022

Period ended
March 2023

37.7%

4.7%

4.0%

Period ended
March 2019

Period ended
March 2020

20.0%

0.0%

38.8%

34.9%

24

Consolidated operating/ordinary/net profits (Full year)(Millions of yen)
Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

Period ended
March 2023

Period ending
March 2024
(Forecast)

Operating profit

7,661

9,063

8,754

7,584

8,428

9,000

Ordinary profit

8,057

9,282

9,262

8,095

9,288

9,400

Net profit

5,464

6,399

6,318

5,778

6,626

7,100

Operating profit

Ordinary profit(Millions of yen)

(Millions of yen)

10,00010,000

8,000

8,000

6,000

6,000

4,000

4,000

2,000

2,000
0

0
Period
ended
March
2019

Period
ended
March
2020

Period
ended
March
2021

Period
ended
March
2022

Period
ended
March
2023

Period
ended
March
2019

PeriodendingMarch
2024(Forecast)

Period
ended
March
2020

Period
ended
March
2021

Period
ended
March
2022

Period
ended
March
2023

PeriodendingMarch
2024(Forecast)

Net profit(Millions of yen)

8,000
6,000
4,000
2,000
0
Period
ended
March
2019

© 2024 DAI-DAN Co.,Ltd.

Period
ended
March
2020

Period
ended
March
2021

Period
ended
March
2022

Period
ended
March
2023

PeriodendingMarch
2024(Forecast)25

Disclaimer
The forecast concerning future business results, including future plans and strategies, disclosed by the Company is basedon assumptions deemed reasonable at the time of announcement. Therefore, actual business results may differ from theforecast due to various factors.

IR-related inquiries:
Corporate Communications Dept., Corporate Planning Division Tel: +81-3-5276-4568
2-15-10 Fujimi, Chiyoda-ku, Tokyo 102-8175© 2024 DAI-DAN Co.,Ltd.

26