[Translation]
The following statements are an English-language translation of the original Japanese-language document for your reference purpose only. In thecase that there is any discrepancy between the original Japanese version and this English version, the Japanese version shall prevail.
(All financial information has been prepared in accordance with accounting principles generally accepted in Japan.)February 13, 2019

Summary of Consolidated Third Quarter Financial Results for Fiscal 2018
(For the year ended March 31, 2019)
Name of listed company: JGC Corporation
Code number: 1963
Representative
Title: Representative Director, Chairman and Chief Executive Officer (CEO)Name: Masayuki Sato
Contact
Title: General Manager, Finance & Accounting Department
Name: Shinichi Taguchi

Stock exchange: Tokyo

Tel: 045-682-1111
URL: https://www.jgc.com

1. Consolidated Financial Results for 3Q of FY2018 (April 1, 2018 - December 31, 2018)(1) Consolidated financial results

Note: All amounts are rounded down to the nearest million yen. Percentage indicate changes from the previous term.

Net sales

Operating income(Millions of yen)(%)

(Millions of yen)

3Q FY2018424,635(20.0)

15,2503Q FY2017

531,040

3.2

21,650Note:
Comprehensive income (millions of yen):

3Q FY2018 term

Earnings pershare

Earnings per share(diluted)

(Yen)

(Yen)

3Q FY2018

39.38

－

3Q FY2017

78.67

－

Profit attributable toowners of the Parent

Ordinary income(%)(Millions of yen)

(29.6)－(%)

22,664
27,849(Millions of yen)

(18.6)
－

(%)

9,936
19,849(49.9)－

25,753(－%)

4,714((81.7%)) 3Q FY2017 term(2) Consolidated financial position
Total assets

Total net assets(Millions of yen)

(Millions of yen)(%)

686,336
684,921397,111395,779

57.7
57.6

As of December 31, 2018
As of March 31, 2018

Shareholders' equity ratio

Reference:Shareholders' equity (millions of yen):Dec. 31, 2018:
396,103
Mar. 31, 2018:394,701
Note: The Company applied “Partial Amendments to Accounting Standard for Tax Effect Accounting” (Corporate Accounting Standard No. 28, February16,2018),etc. from the beginning of the first three months of consolidated financial statements. The figure as of March 31, 2018 is based on retroactive application.

2. Dividends
Annual dividends per share (Yen)
1Q term-end

2Q term-end

3Q term-end

Term-end

AnnualMar. 2018 term

－－－

25.00

25.00

Mar. 2019 term

－－－
12.00

12.00

－Mar. 2019 term (Forecast)

3. Earnings forecasts for FY2018 (April 1, 2018 - March 31, 2019)
Net sales

Full Year

Note: Percentage indicate changes from the previous term.

Operating income

Profit attributable toowners of the Parent(Millions of yen)(%)

(Millions of yen)(%)

(Millions of yen)(%)

(Millions of yen)(%)

640,000(11.5)

22,0002.3

29,00016.3

10,000(39.7)

Earnings pershare(Yen)

Full Year

Ordinary income

39.63

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JGC Corporation

4. Others(1) Changes in scope of consolidated important subsidiaries(increase)
None(decrease)

None(2) Adoption of simplified accounting methods or special accounting methods for preparing quarterly consolidated financial statements: Yes(3) Changes of accounting principles, procedures and presentation when preparing quarterly consolidated financial statement.
① Changes due to revisions of accounting standards:
None② Changes other than the above ①:None③ Changes in accounting estimates:
None④ Restatement:
None(4) Number of shares outstanding① Number of shares outstanding at term-end (including treasury stock):
Dec. 2018 term:

259,052,929

Mar. 2018 term:

259,052,929

Mar. 2018 term:

6,745,465② Number of treasury stock at term-end:
Dec. 2018 term:

6,746,020③ Average number of shares outstanding (third quarter term):
Dec. 2018 term:

252,307,212

Dec. 2017 term:

252,307,945(1) This document is unaudited by certificated public accountants or audit firms.
(2) The forecasts given above are based on information available at the time of compilation and are inherently subject to a variety of risks and uncertainties.
Actual results may vary significantly from forecasts due to factors including, but not limited to, changes in the economic or business environment andexchange rate fluctuations.
(3) Forecasts based on : 110.00 yen/US$ 1.00

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JGC Corporation

Consolidated Balance Sheets

3Q FY2018

FY2017(As of Dec. 31, 2018)(As of Mar. 31, 2018)(Millions of yen)

(Millions of yen)

ASSETS
Current assets
Cash and deposits
Notes receivable, accounts receivable from completed
construction contracts and otherCosts on uncompleted construction contracts
Merchandise and finished goods
Work in process
Raw materials and supplies
Short-term loans receivable
Accounts receivable
Other
Allowance for doubtful accounts

120,830
230,509

195,394
186,672

38,080
5,037
4,197
3,356
23,84080,49918,200(270)
524,280

20,633
3,958
2,452
2,835
46,474
43,25019,937(290)
521,320

Buildings and structures
Machinery, vehicles, tools, furniture and fixtures
Land
Leased assets
Construction in progress
Other
Accumulated depreciation

59,08563,88818,503314
753
4,438(92,191)
54,792

56,05662,995
18,550
1,361
2,385
4,384
(90,512)55,222

Software
Other

4,190
6,051
10,242

3,046
6,719
9,766

Investment securities
Long-term loans receivable
Net defined benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts

71,4104,946
385
18,29910,280(8,301)
97,020162,055
686,336

69,818
8,473
425
16,648
11,702(8,456)
98,612
163,600
684,921

Total current assets
Non-current assets
Property, plant and equipment

Total property, plant and equipment
Intangible assets

Total intangible assets
Investments and other assets

Total investments and other assets
Total non-current assets
Total assets

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JGC Corporation

LIABILITIESCurrent liabilities

Notes payable, accounts payable for construction contracts andother

3Q FY2018

FY2017(As of Dec. 31, 2018)(As of Mar. 31, 2018)(Millions of yen)

(Millions of yen)

84,542

89,164546

13,362

Income taxes payable
Advances received on uncompleted construction contracts
Provision for warranties for completed construction contracts
Provision for loss on construction contracts
Provision for bonuses
Provision for directors' bonusesOther

3,518
75,973
1,204
18,553
3,186
55
28,148215,730

4,815
47,4281,444
21,8186,725
175
30,839215,773

Bonds payable
Long-term loans payable
Net defined benefit liability
Provision for directors' retirement benefits
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Other

50,000
4,094
16,038
294
351
1,014
1,702
73,494289,225

50,0004,294
15,829
291
240
1,014
1,697
73,368289,142

23,51125,609362,075(6,738)404,457

23,51125,609355,572(6,737)397,955

Valuation difference on available-for-sale securities

8,058

11,168Deferred gains or losses on hedges

(573)

(517)

(10,891)(3,419)(1,527)(8,353)
1,007
397,111686,336(10,919)(1,169)(1,815)(3,253)
1,077
395,779
684,921

Short-term loans payable

Total current liabilities
Non-current liabilities

Total non-current liabilities
Total liabilities

NET ASSETS
Shareholders' equity:
Capital stock
Capital surplus
Retained earnings
Treasury shares

Total shareholders' equity
Accumulated other comprehensive income:

Revaluation reserve for land
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

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JGC Corporation

Consolidated Statements of Income
3Q FY2018 term

3Q FY2017 term

(Apr. 1, 2018 -(Apr. 1, 2017 -Dec. 31, 2018)

Dec. 31, 2017)(Millions of yen)

(Millions of yen)

Net sales

424,635

531,040

Cost of sales

393,824

492,860

Gross profit

30,81038,179Selling, general and administrative expenses

15,56016,528Operating income

15,25021,650Interest income

2,787

2,104

Dividend income

2,211

2,368

30

1,477

2,426

634

466

653

7,922

7,238

Interest expenses

344

413

Other

164

626

508

1,039

22,664

27,849248－

State subsidy－

87

Other

972

258

159

Loss on retirement of non-current assets

123

353

Loss on sales of investment securities

150－

Other

33

469

307

822

Profit before income taxes

22,614

27,186

Income taxes

12,533

7,204

Profit10,081

19,981

144

131

9,936

19,849Non-operating income:

Foreign exchange gains
Share of profit of entities accounted for using equity method
Other
Total non-operating income

Non-operating expenses:

Total non-operating expenses

Ordinary income
Extraordinary income:Gain on liquidation of subsidiaries and associates

Total extraordinary Income

Extraordinary loss:

Total extraordinary loss

Profit attributable to non-controlling interests
Profit attributable to owners of the parent

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JGC Corporation

Statements of Consolidated Comprehensive Income

ProfitOther comprehensive income:

3Q FY2018 term

3Q FY2017 term

(Apr. 1, 2018 Dec. 31, 2018)(Apr. 1, 2017 Dec. 31, 2017)(Millions of yen)

(Millions of yen)

10,081

19,981

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income(3,110)(62)(3,025)
282
550

4,698
106
556
402
6(5,366)
4,714

5,771
25,753Comprehensive income attributable to owners of the parent
Comprehensive income attributable to non-controlling interests

4,576
138

25,615137

Comprehensive incomeComprehensive income attributable to:

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JGC Corporation

Segment Information【 Information by business segment 】(Millions of yen)

Third quarter (9 months) for FY 2017 (April 1, 2017 - December 31, 2017)
Segment
Total engineering

Functional
Materials
Manufacturing

Sub total

OthersGrand total Adjustment Consolidated

Net sales
29,820525,762
5,277
External customers
495,942531,040－531,040
Inter-segment
212
5218
1,159
1,377
(1,377)－(1,377)
531,040
Total
496,155
29,826525,981
6,436
532,417111
21,650
5,052
20,2801,258
21,539Segment profit
15,228*1: "Others" includes Specialized Consulting Services, Office Support Services Business, Power and Water Business, and Oil and Gas Production
Sales Business.
*2: Segment profit, Segment asset and Other item are adjusted to eliminate transactions between segments.
*3: Segment profits are adjusted with the operating income figure from the Consolidated Statements of Income.

(Millions of yen)

Third quarter (9 months) for FY 2018 (April 1, 2018 - December 31, 2018)
Segment
Total engineering

FunctionalMaterials
Manufacturing

Sub totalOthers

Grand total Adjustment Consolidated

Net sales
34,368External customers
386,080
420,448
4,187
424,635－
424,635
Inter-segment
44－
44
1,228
1,272
(1,272)－Total386,124
34,368420,492
5,415
425,907(1,272)424,635
Segment profit
8,296
5,933
14,230956
15,18762
15,250*1: "Others" includes Specialized Consulting Services, Office Support Services Business, Power and Water Business, and Oil and Gas Production
Sales Business.
*2: Segment profit, Segment asset and Other item are adjusted to eliminate transactions between segments.
*3: Segment profits are adjusted with the operating income figure from the Consolidated Statements of Income.
*4: Coinciding the issuing of the Consolidated First Quarter Financial Results for FY2018, JGC changed the name of this segment from “Catalystsand Fine Products Business” to “Functional Materials Manufacturing Business”. As the change was only in the segment name, there is no change
in any other information for this segment. In addition, the new segment name is also applicable in the third quarter for FY2017.

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JGC Corporation

Sales, Orders Received and Backlog (Consolidated)(Millions of yen)March 31, 2018
Business area

OutstandingContracts

NewContracts

Oil and gas development277

2,276

611

1,943

8,427

18,667

13,806

13,288

－

301

301

－

Chemical

49,41624,254

16,90456,766

Power generation, nuclear power andnew energy

137,977

8,237

57,24588,969

Living and general production facility

18,26026,503

7,495

37,268Environmental protection, socialdevelopment and IT

24,689

9,835

10,80923,715

Others

1,241

5,043

1,995

4,289

Subtotal

240,291

95,120109,169

226,242

Oil and gas development

255,32135,12993,102

197,348

Petroleum refining

96,706

23,83158,05962,477

LNG

259,206

651,210

110,721799,695

Chemical

8,132

63,658

7,423

64,367

Power generation, nuclear power andnew energy

15,164

3,574

5,927

12,811

Living and general production facility

(2)

3,001

461

2,538

Environmental protection, social
development and IT

307

76

126

258

Petroleum refining

Domestic

LNG

Overseas

December 31, 2018
Outstanding
Contracts

Sales

Others

4,934
2,585
5,275
2,243
639,771
Subtotal
738,068
281,098
1,141,741
Total Engineering Business
878,978
871,091
386,080
1,363,989
Others Business
1,083
7,096
4,187
3,993
Subtotal
880,062
878,188
390,267
1,367,983
Functional Materials Manufacturing Business－34,368－－
Grand Total
880,062
878,188424,635
1,367,983*1 Figures for each business area are exclusive of consumption and other taxes.
*2 The balance as of the end of previous fiscal year for outstanding contracts of "Total Engineering
Business" and "Others Business" have been revised to reflect foreign currency translation adjustments
and changes in contract amounts for the period as follows:(Millions of yen)
Foreigncurrencytranslation
adjustment

Revision forchanges incontract
amounts

Oil and gas development

2,487(306)2,181

Petroleum refining

7,228

(1)

7,227

(10,959)(11,227)

Business area

LNG

Total

Chemical(301)(268)(3,207)

Power generation, nuclear power and newenergy(642)－(642)

Living and general production facility

(3)

(69)

(72)

Environmental protection, social
development and IT

(0)

－(0)

(457)

(39)

(496)

(2,648)
Total
Total Engineering Business(2,571)(77)
Other Business*3 All amounts are rounded down to the nearest million yen.

(3,890)(3,626)(264)(6,539)(6,197)(341)

Others8/8(3,508)