Financial Briefing Material
for the Third Quarter of
the Period Ending March
2023
February 8, 2023

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 2023

Consolidated
Performance
Summary3

Consolidated Performance Summary
Overview of consolidated management indicators, etc. (operating results)(Millions of yen)
3rd Quarter of
period ended
March 2022

3rd Quarter of
period ending
March 2023

Increase(Decrease)

Change rate

Net sales of uncompleted construction
contracts at beginning of period

143,043

163,782

20,738

14.5%

Net sales of construction contract orders
received

150,118

165,583

15,464

10.3%

Net sales of completed construction
contracts

108,257

130,088

21,831

20.2%

13,562

15,476

1,914

14.1%

12.5%

11.9%

-0.6p

–

4,060

5,171

1,110

27.4%

3.8%

4.0%

0.2p

–

4,399

5,851

1,451

33.0%

Ordinary profit margin (%)

4.1%

4.5%

0.4p

–

Net profit attributable to owners of parent

3,059

3,999

940

30.7%

Net profit margin (%)

2.8%

3.1%

0.2p

–

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

Business environment and the Company’s performance summary Net sales of construction contract orders received increased significantly year-on-year as a result of strong orders for redevelopment
projects and industrial facilities against the backdrop of corporations’ increasing demand for capital investment.
 Due to soaring prices of materials and equipment, profits did not improve as expected, and the gross profit margin of completed
construction contracts declined. Uncompleted construction contracts, however, carried over from the previous period and the increase inconstruction contract orders received during the current period pushed up net sales of completed contracts, leading gross profit oncompleted construction contracts to increase accordingly.
 As a result of the above, both sales and profits increased.
© 2023 DAI-DAN Co.,Ltd.

4

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

271
2,444

Increase Decrease

(973)
(631)

5,171

4,060

Results of 3Q of
period ended March 2022

Increase in value of work
done

Foreign exchange effects
due to the yen’s depreciation

Decrease in gross profit
margin of completed
construction contracts

Due to an increase in
SG&A expenses and otherfactors

Results of 3Q of
period ending March 2023

 The increase in value of work done is attributable to considerable progress on large-scale construction projects such as airports, medical facilities, andindustrial facilities.
 Japanese currency began depreciating rapidly at the end of the previous period and still remains weak in the current period, resulting in an increase inforeign currency-denominated sales at our overseas branches, which contributed to profits.
 For construction projects making progress in the current period, amid soaring prices of materials and equipment, the expected improvement in profits
was not realized, resulting in a decline in the gross profit margin of completed construction contracts.
© 2023 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 2022

3rd Quarter of
period ending
March 2023

Increase(Decrease)

Change rate

18,347

24,212

5,864

32.0%

Air conditioning installations

98,247

104,530

6,283

6.4%

Plumbing installations

33,52336,840

3,317

9.9%

Subtotal

131,770

141,370

9,600

7.3%

Total

150,118

165,583

15,464

10.3%

Electrical installations

16,621

21,921

5,300

31.9%

Air conditioning installations

64,96778,786

13,81921.3%

Plumbing installations

26,66829,380

2,711

10.2%

Subtotal

91,636108,167

16,531

18.0%

Total

108,257

130,088

21,831

20.2%

Electrical installations

23,61125,753

2,141

9.1%

Air conditioning installations

119,217

131,378

12,16010.2%

Plumbing installations

42,074

42,14470

0.2%

Subtotal

161,292

173,522

12,2307.6%

184,904

199,276

14,372

7.8%

Electrical installationsAir
conditioning
and plumbing
installationsAir
conditioning
and plumbing
installationsAir
conditioning
and plumbing
installations

Total

 Orders received posted an increase in both electrical installations and air conditioning and plumbing installations thanks to orders mainly for
airports, factories, data centers, and heat source construction works for overseas resort facilities.
 Net sales (completed) increased due to progress on large-scale construction projects such as airports, factories, and data centers.
 Net sales (uncompleted) increased as uncompleted construction contracts carried over from the previous period and construction contract
orders received during the current period increased.
* The “Air conditioning and plumbing installations” category has been set as a total of air conditioning installations and plumbing installations.
© 2023 DAI-DAN Co.,Ltd.

6

Consolidated Performance Summary
Overview of consolidated management indicators, etc. (financial position)(Millions of yen)
Period ended
March 2022

3rd Quarter of
period ending
March 2023

Increase(Decrease)

Change rate

Net assets

77,242

79,310

2,068

2.7%

Total assets

139,099

139,380280

0.2%

3,603.11 yen 3,696.92 yen

93.80 yen

2.6%

Book value per share (BPS)

Price book-value ratio (PBR)

Equity capital ratio

0.58 times

0.59 times

–

–

55.4%

56.8%

1.4p

–

Major factors behind increase/decrease andannotation items
An increase in retained surplus and other factors(Reference) Closing stock price as of Mar. 31, 2022:
2,099 yen
Closing stock price as of Dec. 31, 2022:
2,192 yen

Overview of consolidated management indicators, etc. (cash flows)(Millions of yen)
3rd Quarter of
period ended
March 2022

3rd Quarter of
period ending
March 2023

Increase(Decrease)

Change rate

Major factors behind increase/decrease andannotation items

Cash flows from operating activities(10,130)

3,111

13,241–

Trade receivables were collected at a good pace.

Cash flows from investing activities(1,299)

(850)

449

–

Reconstruction of Hokuriku Branch, demonstration
test building of Technical Research Laboratory, etc.

Cash flows from financing activities(3,196)(2,240)955–

Dividend payment

Cash and cash equivalents at
beginning of period

31,747

16,037(15,710)-49.5%

Increase/decrease in cash and cash
equivalents(14,614)

1,462

16,076–

Cash and cash equivalents at end ofquarter

17,133

17,500366

2.1%© 2023 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)

3,111
Operating CF

1,442
Translationdifferences(850)
Investing CF
Period-end
cash and cash
equivalents
16,037

Period ended
March 2022

(2,240)Financing CF

Increase Decrease

Period-end
cash and cash
equivalents
17,500

3rd Quarter of
period ending
March 2023

 Increases in Operating CF (trade receivables collected at a good pace) and translation differences (an effect of the yen’s depreciation)exceeded decreases in Investing CF (reconstruction of Hokuriku Branch, demonstration test building of Technical Research Laboratory,etc.) and Financing CF (dividend payment).
 We have signed commitment credit line agreements with three banks for efficient working capital financing.
© 2023 DAI-DAN Co.,Ltd.

8

Third Quarter Financial Results
for the Period Ending March 2023

Third Quarter
Financial Closing
Highlights
9Status of construction orders received
Renovations, direct orders, and public works(Millions of yen)
Period ending
March 2023

Period ended March 2022
First to third quarter

Fourth quarter

Full year

First to third quarter

Year-on-year change
Increase(Decrease)

Change rate

72,06017,16489,224

66,240(5,820)-8.1%

Ratio of renovations (%)

48.0%

51.2%

48.6%

40.0%

-8.0p

–

Mid-to-large renovations

46,8597,746

54,60531,913(14,945)-31.9%

Small-scale renovations

25,201

9,418

34,61934,327

9,125

36.2%

General construction works

78,057

16,38594,44399,342

21,284

27.3%

Total orders received

150,118

33,549183,668

165,583

15,46410.3%

Of which, direct orders

73,89813,087

86,98570,540(3,357)

-4.5%

49.2%

39.0%

47.4%

42.6%

-6.6p

–

25,836

5,566

31,403

15,296(10,540)-40.8%

17.2%

16.6%

17.1%

9.2%

-8.0p

–

Renovations

Ratio of direct orders (%)
Of which, public works
Ratio of public works (%)

 Renovations decreased year-on-year due to a reactionary drop following large-scale projects received in the previous period, althoughsmall-scale projects posted an increase.
 General construction works increased year-on-year thanks to orders received for redevelopment projects and industrial facilities in Japan,
and heat source construction works for overseas resort facilities.
 Direct orders decreased year-on-year as we focused on receiving orders for large private-sector projects.
 Public works decreased year-on-year due to the reactionary drop following large-scale projects received in the previous period.

© 2023 DAI-DAN Co.,Ltd.

10

Status of construction orders received
Industrial facilities(Millions of yen)
Period ending
March 2023

Period ended March 2022
First to third quarter
Total industrial
facilities

Fourth quarter

Full year

First to third quarter

Year-on-year change
Increase(Decrease)

Change rate

58,567

16,066

74,63376,196

17,62930.1%(Share of totalorders: %)

39.0%

47.9%

40.6%

46.0%

7.0p

–

Total orders received

150,118

33,549183,668

165,583

15,464

10.3%* 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)

80,0009,587

60,0008,658

40,00020,0000

8,992
36,185
3Q of period
ended
March 2019

© 2023 DAI-DAN Co.,Ltd.

42,552
3Q of period
ended
March 2020

31,2783Q of period
ended
March 2021

49,9093Q of period
ended
March 2022

50.0%
40.0%
30.0%

66,609

20.0%
10.0%

3Q of period
endingMarch 2023

0.0%

 Global demand for semiconductors isfueling construction of semiconductor
fabrication plants in Japan. In addition,
investment in data centers and other DXrelated construction projects continues tobe strong.
 During the current period again, we
received multiple orders for related largescale projects.
 As a result of the above, we managed toreceive our largest amount of orders andhighest share in the last five years.

11Status of construction orders received
Overseas operations
 Singapore Branch, DAI-DAN INTERNATIONAL ASIA PTE. LTD. (Singapore), DAI-DAN (THAILAND) CO., LTD., and DAI-DAN (VIETNAM)
CO., LTD. (non-consolidated) are the bases of our overseas operations.
 As our new overseas bases, we established DAI-DAN Taiwan Co., Ltd. in the current fiscal year.
 On January 26, 2023, the Board of Directors decided to conclude a share transfer agreement with Presico Engineering Pte. Ltd. and makeit an equity method applied affiliate. We aim to expand our business and increase corporate value through synergies with Presico’s trackrecord in the Singapore equipment construction market, its technological capabilities, and its business areas.
(Millions of yen)
Period ending
March 2023

Period ended March 2022
First to third quarter

Full year

Fourth quarter

First to third quarter

Year-on-year change
Increase(Decrease)

Change rate

Total overseas orders
received (consolidated)

10,241

1,145

11,38615,020

4,779

46.7%

(Share of total orders: %)

6.8%

3.4%

6.2%

9.1%

2.2p

–

150,118

33,549183,668

165,583

15,464

10.3%

Total orders received

Trends in overseas construction orders received(Consolidated)

SINGAPORE BRANCHDAI-DAN INTERNATIONAL ASIA (SINGAPORE)

DAI-DAN (THAILAND)

Overseas share of total orders(Millions of yen)

16,00012,000
8,000
4,000
0

623
756
5,628

9,088

3Q of period
ended
March 2019

3Q of period
ended
March 2020

© 2023 DAI-DAN Co.,Ltd.

503
6,241
3Q of period
ended
March 2021

45

1,714
4,409

10,196

8,897

3Q of period
ended
March 2022

3Q of period
endingMarch 2023

10.0%
5.0%
0.0%

 Singapore moved to “coexisting with Covid19,” and the situation has now returned to thepre-pandemic condition.
 During the current period, orders werereceived for heat source construction works
for large-scale resort facilities in Singapore
and total overseas orders increased
compared to a year earlier.
 Thailand has also returned to its pre-Covid
condition and orders are increasing steadily.
 As a result of the above, we managed toreceive the largest amount of orders andhighest share in the last five years.

12Status of completed construction contracts(Millions of yen)
Third quarter of period ended March 2022

Third quarter of period ending March 2023

Monetary amount

Monetary amount

Total net sales of completed
construction contracts

Composition ratio

Composition ratio

Year-on-year change
Monetary amount

Change rate

108,257

100.0%

130,088

100.0%

21,831

20.2%

56,12951.8%

57,717

44.4%

1,588

2.8%

(Industrial facilities)

46,86943.3%

51,928

39.9%

5,058

10.8%

(Overseas operations)

6,674

6.2%

11,602

8.9%

4,928

73.8%

Of which;(Renovations)* The figures in the table include a certain amount of overlap, as calculation is done by construction type: renovations, industrial facilities, andoverseas operations.

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

140,000
120,000
100,000
80,00060,00040,000 The increase in renovations, industrial
facilities, and overseas operations islargely a result of progress in largescale construction projects such as
airports, factories, and data centers. In
particular, net sales in overseas
operations have increased significantly.
 In addition to the above, large-scaleconstruction projects such as medical
facilities made progress, causing net
sales of completed construction
contracts to grow for the current period.

20,0000

3Q of period ended
March 2019

Renovations© 2023 DAI-DAN Co.,Ltd.

3Q of period ended
March 2020

Industrial facilities

3Q of period ended
March 2021

Overseas operations

3Q of period ended 3Q of period ending
March 2022
March 2023

Total net sales of completed construction contracts

13

Status of uncompleted construction contracts(Millions of yen)
Third quarter of period ended March 2022

Third quarter of period ending March 2023

Monetary amount

Monetary amountComposition ratio

Year-on-year change

Composition ratio

Monetary amount

Change rate

Net sales of uncompleted
construction contracts at
beginning of period

143,043–

163,782–

20,738

14.5%

Net sales of construction
contract orders received

150,118–

165,583–

15,464

10.3%

Net sales of completed
construction contracts

108,257–

130,088–

21,831

20.2%

Net sales of uncompleted
construction contracts

184,904

100.0%

199,276

100.0%

14,3727.8%

Of which; (Renovations)

48,78526.4%

45,41922.8%(3,366)-6.9%(Industrial facilities)

51,95328.1%

69,52834.9%

17,574

33.8%(Overseas operations)

15,434

8.3%

16,257

8.2%

823

5.3%

Of these, contracts to becompleted in the fourth quarterof the current period

47,447–47,345

–

(102)

-0.2%

* 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)

220,000
165,000
110,000
55,0000

3Q of period ended
March 2019

Renovations© 2023 DAI-DAN Co.,Ltd.

3Q of period ended
March 2020

Industrial facilities

3Q of period ended
March 2021

Overseas operations

3Q of period ended
March 2022

3Q of period ending
March 2023

Total net sales of uncompleted construction contracts

 The highest net sales of uncompleted
construction contracts in the last five
years were posted in the current period,
meaning a sufficient volume of
construction works has been secured.
 A sufficient volume of unfinishedconstruction projects has been secured,
especially for large-scale projects suchas medical facilities, redevelopment
projects, and industrial facilities, andthese will contribute to the value ofwork done for the next period andbeyond.

14

Quarterly operating results(Millions of yen)

Net sales of
construction
contract orders
received

Net sales ofcompleted
construction
contracts

OperatingprofitPeriod ended March
2022

Period ending March
2023

Increase(Decrease)

April–June

44,69866,71222,014

49.3%

July–September

62,72558,253(4,471)-7.1%

October–December

42,69540,617(2,078)-4.9%

April–December

150,118

165,583

15,464

10.3%

April–June

27,25735,342

8,085

29.7%

July–September

38,52347,348

8,825

22.9%

October–December

42,47747,398

4,921

11.6%

April–December

108,257

130,088

21,831

20.2%

April–June

528

818

289

54.7%

July–September

2,240

2,832

592

26.4%

October–December

1,292

1,521

229

17.7%

April–December

4,060

5,171

1,110

27.4%

Change rate For the period from April to June, net sales of construction contract orders received posted an increase from the previous period asorders for redevelopment and industrial facility projects were received on a steady basis. Consistent progress in uncompleted
construction contracts carried over from the previous period, causing both net sales of completed construction contracts and operating
profit to grow.
 For the period from July to December, net sales of construction contract orders received decreased from the previous period as a resultof our efforts to receive orders in consideration of installer capacity following the substantial growth in net sales of construction contract
orders received from April to June. Consistent progress in uncompleted construction contracts, however, pushed up both net sales ofcompleted construction contracts and operating profit compared to the previous period.
© 2023 DAI-DAN Co.,Ltd.

15

Third Quarter Financial Results
for the Period Ending March 2023

Full-Year Earnings
Forecast for the
Period Ending
March 2023
16

Full-year earnings forecast
Consolidated full-year earnings forecast(Millions of yen)
Period ended March 2022
First to third
quarter

Fourth quarter

Net sales of construction
contract orders received

150,118

33,550Net sales of completed
construction contracts

108,257

Period ending March 2023

Year-on-year change, full year

First to third
quarter

Fourth quarter(Forecast)183,668

165,583

27,417

193,000

9,332

5.1%

54,672

162,929130,088

49,912

180,000

17,071

10.5%

13,562

7,161

20,723

15,476

7,024

22,500

1,777

8.6%

12.5%

13.1%

12.7%

11.9%

14.1%

12.5%

-0.2p

–

Operating profit

4,060

3,524

7,584

5,171

3,329

8,500

916

12.1%

Operating profit margin (%)

3.8%

6.4%

4.7%

4.0%

6.7%

4.7%

0.1p

–

Ordinary profit

4,399

3,696

8,095

5,851

2,849

8,700

605

7.5%

4.1%

6.8%

5.0%

4.5%

5.7%

4.8%

-0.1p

–

3,059

2,719

5,778

3,999

2,001

6,000

222

3.8%

2.8%

5.0%

3.5%

3.1%

4.0%

3.3%

-0.2p

–

Gross profit on completed
construction contracts
Gross profit margin ofcompleted construction
contracts (%)

Ordinary profit margin (%)
Net profit attributable toowners of parent
Net profit margin (%)

Full year

Full year(Forecast)

Increase(Decrease)

Change rate

Preconditions for earnings forecast There has been no change to our earnings forecast in the brief report on the financial statements announced on November 8, 2022.

© 2023 DAI-DAN Co.,Ltd.

17

Shareholder return
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.
 We have a dividend policy of striving for a payout ratio of 30% or more as per the numerical targets in our Mid-Term Management Plan.

Dividend status
Full-year dividend
End of second
quarter

End of period

Total

Total dividend(Total sum)

Dividend ratio(Consolidated)

Dividend on equity
ratio(Consolidated)

Yen SenYen SenYen SenMillion yen%%

Period ended March 2021

45.00

45.00

90.00

1,949

30.8%

2.7%

Period ended March 2022

45.00

45.00

90.00

1,935

33.3%

2.5%

Period ending March 2023

45.00

55.00

100.00

–

35.7%

–

(Forecast for period-end values) We will celebrate the 120th anniversary of our company’s founding on March 4, 2023. We would like to express our sincere gratitude to allof our shareholders and other stakeholders for their support.
As a token of our gratitude to all the shareholders who have supported us, we will pay an ordinary dividend of 90 yen, plus a dividend of
10 yen to commemorate the 120th anniversary of our company’s founding, totaling 100 yen as an annual dividend per share (an interim
dividend of 45 yen and a year-end dividend of 55 yen) for the current fiscal year.

Purchase of treasury shares We will consider it as appropriate aiming for returning profits to our shareholders and improving capital efficiency.
© 2023 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 2018

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

22,73525,69030,88527,23627,254Air conditioning
installations

92,09393,289102,515

104,878

117,966

Plumbing
installations

32,50639,55336,72044,41038,447

124,600

132,843

139,236

149,289

156,414147,335

158,533

170,121

176,526

183,668

Electrical installationsAir
conditioning
and plumbing
installations

Period ended
March 2019

Subtotal

Total(Millions of yen)

Consolidated net sales of construction orders received(by construction type)200,000

160,000

22,73525,69030,885120,000

80,000124,600(92,093)

132,843

139,236(93,289)(102,515)(39,553)(36,720)

Period ended
March 2019

Period ended
March 2020

27,23627,254

149,289

156,414(104,878)(117,966)((Electrical installations
Air conditioning andplumbing installations
Air conditioning installations）
Plumbing installations）

40,000(32,506)0© 2023 DAI-DAN Co.,Ltd.

Period ended
March 2018

(44,410)Period ended
March 2021

(38,447)
Period ended
March 2022

20

Trends in consolidated orders received(Orders received / Renovations) (Full year)(Millions of yen)
Period ended
March 2018
Net sales of
construction contract
orders received

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

147,335

158,533

170,121

176,526

183,668

Renovations

71,748

82,10985,00177,75489,224

Percentage ofrenovations

48.7%

51.8%

50.0%

44.0%

48.6%

Trends in consolidated orders received(Orders received / Renovations [Orders received / Percentage])(Millions of yen)
200,000

60.0%

50.0%
150,000
40.0%

100,000

30.0%

20.0%
50,00071,7480© 2023 DAI-DAN Co.,Ltd.

Period ended
March 201882,10985,00177,754

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Of which, renovations

Orders received

Percentage of renovations

89,224

Period ended
March 2022

10.0%

0.0%

21

Percentage of consolidated orders received by division(Full year)
Percentage of orders received
Period ended
March 2018

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

East Japan Division

41.6%

38.6%

39.1%

40.0%

41.2%

Central Japan Division

16.7%

18.1%

18.3%

17.5%

16.8%

West Japan Division

38.5%

36.9%

36.6%

37.0%

35.8%

International Division

3.2%

6.4%

6.0%

5.5%

6.2%

Percentage of orders received by division
100%

80%

41.6%

38.6%

39.1%

40.0%

41.2%

18.1%

18.3%

17.5%

16.8%

60%
16.7%

East Japan Division
West Japan Division

40%

International Division

20%

38.5%

0%

3.2%

© 2023 DAI-DAN Co.,Ltd.

Central Japan Division

Period ended
March 2018

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 202222

Consolidated net sales of completed construction contracts
by construction type (Full year)(Millions of yen)
Period ended
March 2018

24,86525,676Air conditioning
installations

85,926

92,939102,432

96,526

98,270Plumbing
installations

31,52538,232

39,95636,32038,982

117,451

131,171

142,388

132,846

137,253

143,448

155,565

169,229

157,712

162,929

Subtotal

Consolidated net sales of completed construction contracts(by construction type)160,000

26,84024,39380,000Period ended
March 2022

26,840(Millions of yen)

120,000

Period ended
March 2021

24,393

Total

200,000

Period ended
March 2020

25,996

Electrical installationsAir
conditioning
and plumbing
installations

Period ended
March 201924,86525,67625,996

117,451(85,926)

131,171(92,939)

142,388(102,432)

132,846(96,526)

137,253(98,270)

Electrical installations
電気工事
Air
conditioning andplumbing
installations
管工事( うち
Air conditioning installations）(
installations）（ Plumbing
空調工事）

（

水道衛生工事）40,000(31,525)
0© 2023 DAI-DAN Co.,Ltd.

Period ended
March 2018(38,232)(39,956)(36,320)

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

(38,982)
Period ended
March 2022

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 2018

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

East Japan Division

40.1%

37.1%

45.3%

41.3%

37.5%

Central Japan Division

17.3%

18.0%

15.8%

16.9%

17.2%

West Japan Division

39.0%

40.2%

34.9%

37.7%

38.8%

International Division

3.6%

4.7%

4.0%

4.1%

6.4%

Percentage of net sales of completed construction contracts by division
100.0%

80.0%

40.1%

37.1%

45.3%

41.3%

37.5%

60.0%
17.3%

18.0%
15.8%

16.9%

17.2%

0.0%

© 2023 DAI-DAN Co.,Ltd.

Central Japan Division
West Japan Division

40.0%

20.0%

East Japan DivisionInternational Division

39.0%

40.2%

34.9%

37.7%

38.8%

3.6%

4.7%

4.0%

4.1%

6.4%

Period ended
March 2018

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 202224

Consolidated operating/ordinary/net profits (Full year)(Millions of yen)
Period ended
March 2018

Period ended
March 2019

Period ended
March 2020

Period ended
March 2021

Period ended
March 2022

Period ending
March 2023
(Forecast)

Operating profit

7,385

7,661

9,063

8,754

7,584

8,500

Ordinary profit

7,674

8,057

9,282

9,262

8,095

8,700

Net profit

5,109

5,464

6,399

6,318

5,778

6,000

(Millions of yen)
10,000Operating profit

8,000

8,000

6,000

6,000

4,000

4,000

2,000

2,000

0

Period
ended
March
2018

Period
ended
March
2019

Period
ended
March
2020

Period
ended
March
2021

Ordinary profit(Millions of yen)
10,000Period
ended
March
2022

0

PeriodendingMarch
2023(Forecast)

Period
ended
March
2018

Period
ended
March
2019

Period
ended
March
2020

Period
ended
March
2021

Period
ended
March
2022

PeriodendingMarch
2023(Forecast)

Net profit(Millions of yen)
8,000
6,000
4,000
2,000
0

© 2023 DAI-DAN Co.,Ltd.

Period
ended
March
2018

Period
ended
March
2019

Period
ended
March
2020

Period
ended
March
2021

Period
ended
March
2022

PeriodendingMarch
2023(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 Office Tel: +81-3-5276-4568
2-15-10 Fujimi, Chiyoda-ku, Tokyo 102-8175© 2023 DAI-DAN Co.,Ltd.

26