CHIYODA CORPORATION
Financial Resultsfor Fiscal 2006 First Quarter Ended June 30, 2006

This document has been prepared as a guide to non-Japanese investors and contains forwardlooking statements that are based on managements’ estimates, assumptions and projections at
the time of publication. A number of factors could cause actual results to differ materially fromexpectations. This document is a translation of excerpts taken from the Japanese language
original. All numbers are rounded down to the nearest unit in accordance with standard Japanesepractice. Please be advised that the Company cannot accept responsibility for investment
decisions made based on the information contained in this report.
1Summary of Financial Statements (Consolidated)
for Fiscal 2006 First Quarter

Listed Exchanges
Head Office
Stock CodePresident & CEO
Inquiries
TelephoneTokyo
Kanagawa, Japan
6366
Nobuo Seki
Shinji Kusunoki, General Manager, Accounting Department+81-45-506-9410

1. Notes on presentation of three-month operating results(1) Application of the simple method: Yes(See Page 6 of Attachments)(2) Changes in accounting treatment from the most recent consolidated fiscal year: No(3) Changes in the scope of the consolidation and the application of the equity method: Yes(See Page 6 of Attachments)

2. Results of operation for the three-month period ended June 2006
(April 1, 2006–June 30, 2006)
1) Consolidated Business Results
Millions of Yen
Apr. 1, 2006—
Jun. 30, 2006
Change(%)

Revenues ..........................................
Operating Income .............................
Ordinary Income ..............................
Net Income .......................................
Net Income per Share (¥) .................
Fully Diluted Net Income per Share (¥) ...
(Notes)

91,170
6,654
7,721
4,399
22.89
22.86

(reference)
Apr. 1, 2005 —Mar. 31, 2006

Apr. 1, 2005 —Jun. 30, 2005
Change
(%)

33.6%
74.5%
86.4%
(9.0%)

68,261
3,814
4,141
4,832
25.30
25.12

—
—
—
—

390,875
20,72923,161
19,400101.27100.801. Percentage change figures are comparisons with the same quarter of the previous fiscal year.
2. Previous fiscal year three-month data and year-on-year comparisons are not presented since this is the first
three-month financial report for Chiyoda.

2) Changes in Consolidated Financial Position
Millions of Yen
As ofJun. 30, 2006

As ofJun. 30, 2005

(reference)
As ofMar. 31, 2006

Total Assets ......................................................
Net Assets.........................................................
Equity Ratio ......................................................

316,561
57,90518.2%

192,296
40,745
21.2%

279,72155,508
19.8%

Net Assets per Share(¥)....................................

299.47213.14288.882

3) Consolidated Cash Flows
Millions of Yen(reference)
Apr. 1, 2005 —Mar. 31, 2006

Apr. 1, 2006 —Jun. 30, 2006

Apr. 1, 2005 —Jun. 30, 2005

Net cash provided by operating activities..................

3,580

1,195

5,237

Net cash used in investing activities ..........................

(551)

(80)

1,051

Net cash used in financing activities..........................
Cash and cash equivalents at end of period...............

(1,659)48,363(947)
40,766(1,338)46,878

3. Consolidated Operations Forecast for the Year Ending March 31, 2007
Millions of Yen
Apr. 1, 2006 – Mar. 31, 2007
InterimFull term
periodRevenues.............................................. ..........................................

190,000

420,000

Ordinary Income ...........................................................................

12,00028,000Net Income ...................................................................................

7,000

16,500(Note) Projected net income per share for the year ending March 31, 200785.85yen3

Results of Operations and Financial Condition for FY2006 First Quarter1. Consolidated Results of Operations
In the first quarter of the current fiscal year, the three-month period that ended on June 30, 2006, prices of crude
oil and natural gas remained high due to increasing global demand for energy. Due to expectations for continued
growth in demand for natural gas, gas-producing nations and major energy companies continue to raise
investments worldwide in gas-related projects, including upstream activities. In Japan, oil companies are investingin petrochemical facilities to target opportunities in Asia and in facilities targeting the growing gap between prices ofheavy and light grades of oil. These companies are also conducting large-scale energy-conservation projects. The
result is a high volume of large-scale projects using sophisticated technologies to make refineries in Japan morecompetitive.
First quarter consolidated new contracts totaled 171,738 million yen, 79.3% more than in the first quarter of theprevious fiscal year. A large order from ExxonMobil Middle East Gas Marketing Limited for the Al Khaleej gas
development project in Qatar was a major component of first quarter new contracts. As a result, the backlog ofcontracts rose 86.1% to 1,035,846 million yen. Revenues increased 33.6% to 91,170 million yen, ordinary income
increased 86.4% to 7,721 million yen and net income decreased 9.0% to 4,399 million yen.
2. Financial Condition
Net assets increased 2,397 million yen, causing the equity ratio to decline 1.6 percentage points compared with
March 31, 2006 to 18.2%. This is a temporary decline caused by a 36,840 million yen increase in total assets
associated with the high volume of new contracts. These contracts raised the volume of Chiyoda’s share of jointly
controlled assets at joint ventures due to the receipt of advance payments.
Operating cash flows were positive, providing net cash of 3,580 million yen.
3. Outlook for the Year Ending March 31, 2007
Due to strong market conditions in Japan and overseas, Chiyoda is raising its forecasts for new contracts from ¥320
billion to ¥400 billion for consolidated results and from ¥280 billion to ¥350 billion for non-consolidated results.
Although operating results are generally strong, Chiyoda is making no revisions at this time to its consolidated andnon-consolidated forecasts announced on May 15, 2006 for the first half of the current fiscal year and the entire
fiscal year. Forecasts continue to assume an exchange rate of 110 yen to the U.S. dollar. The fiscal year dividend
forecast is unchanged at 14 yen per share.
Forward Looking Statements
Chiyoda expects to smoothly implement ongoing projects. However, project completions may be pushed back by
substantial increases in prices of materials and equipment or delays in the delivery of materials and equipment
caused by shortages or other factors. Regarding future projects, any substantial increases in equipment andmaterial prices and foreign exchange rate movements may significantly affect the Group’s operating results.

4

[Appendix]

1. Summary Consolidated Balance Sheets
1Q FY2006
As ofJun. 30, 2006%

Millions of Yen
1Q FY2005
As ofJun. 30, 2005%

As ofMar. 31, 2006%

AssetsCurrent Assets
Cash and time deposits...............................
Notes and accounts receivable-trade ............
Costs of construction contracts in process .....
Deferred tax assets ....................................
Jointly controlled asset of joint venture.........
Other .......................................................
Allowance for doubtful accounts ...................
Total Current Assets ...............................
Fixed Assets
Property, plant and equipment
Intangible fixed assets................................
Investments and other assets
Investment securities .............................
Deferred tax assets ................................
Other ...................................................
Reserves ..............................................
Total investments and other assets ..............
Total Fixed Assets ...................................
Total Assets ............................................
Liabilities and Shareholders’ Equity
Current Liabilities
Notes and accounts payable-trade ...............
Current portion of long-term debt ...............
Income taxes payable.................................
Advance receipts on construction contracts ...
Reserves...................................................
Other ......................................................
Total Current Liabilities...........................

48,51741,32547,03328,14333,53230,59431,26046,976
17,923

1,868
170,5123,803
59,786

1,750
131,336

11,284
(61)

5,354
(202)

11,769(167)

293,797

92.8

171,92289.4

256,623

7,026

6,947

7,085

3,046

2,752

3,168

5,501
4,162
4,525
(1,497)

4,292
110
8,384
(2,114)

5,701
4,157
4,718
(1,732)

12,691

10,673

91.7

12,844

22,764

7.2

20,373

10.6

23,097

8.3

316,561

100.0

192,296100.0

279,721100.0

86,41576
3,558
139,906
3,649
7,749
241,355

85,901
46
3,989
101,979

77,152
10,094294
48,942
2,207
6,270
76.2

144,961

5,873
7,402
75.4

205,192

73.4

Non-Current Liabilities
Long-term debt .........................................
Liability for retirement benefits ....................
Other liabilities ..........................................
Total Non-Current Liabilities ...................

17,300

5.5

6,222

3.2

18,698

6.7

Total Liabilities .......................................

258,655

81.7

151,184

78.6

223,890

80.1

366

0.2

322

0.1

12,765
6,549
22,310

6.6
3.4
11.6

12,901
6,684

4.6
2.4

36,877

13.2

33
(616)
(296)

0.0
(0.3)
(0.1)

44
(323)
(676)

0.0
(0.1)
(0.3)

40,74521.2

55,50819.8

192,296100.0

279,721100.0

Minority Interests ...................................
Shareholders’ Equity
Common stock ..........................................
Additional paid-in capital.............................
Retained earnings ......................................
Net unrealized loss on available-for-salesecurities....................................................
Foreign currency translation adjustments......
Treasury stock...........................................
Total Shareholders’ Equity ......................
Liabilities, Minority Interests andShareholders’ Equity ...............................

10,133
5,393
1,772

10,168
8,392
136

209
5,925
87

5

Summary of Consolidated Balance Sheets（continued）
1Q FY2006
As ofJun. 30, 2006%

Millions of Yen
1Q FY2005
As ofJun. 30, 2005%

As ofMar. 31, 2006%

Net Assets
Shareholders’ Equity
Common stock ..............................................
Additional paid-in capital ................................
Retained earnings .........................................
Treasury stock ..............................................
Total Shareholders’ Equity .........................
Valuation and Exchange Rate
Adjustments
Net unrealized loss on available-for-salesecurities ....................................................
Deferred hedging losses .................................
Foreign currency translation adjustments
Total valuation and exchange rateadjustments
Minority interests .........................................
Total Net Assets .........................................
Total Liabilities and Net Assets ..................

12,9096,692
39,266(724)
58,143

18.4

(195)
(173)
(214)
(584)
346

(0.2)
0.1

57,90518.3

316,561

100.0

6

2. Summary of Consolidated Statements of Income
Millions of Yen
1Q FY2005
Apr. 1, 2005–
Jun. 30, 2005%

1Q FY2006
Apr. 1, 2006–
Jun. 30, 2006%
Construction Contracts ...........................
Cost of Construction Contracts ...............
Gross profit ..............................................
Selling, General and
Administrative Expenses ........................
Operating income ......................................
Other Income
Interest .............................................
Dividend income .................................
Equity in earnings of associatedcompanies..........................................
Other ................................................
Total Other Income ................................

Apr. 1, 2005–
Mar. 31, 2006%

91,17081,796100.0
89.7

68,261
62,139100.0
91.0

390,875
360,322

100.0
92.2

9,373

10.3

6,121

9.0

30,552

7.8

2,719

3.0

2,307

3.4

9,823

2.5

6,654

7.3

3,814

5.6

20,729

5.3

375
16

2,638
29

—

—

173

108

193
420

1,271
16

1,461

1.6

500

0.7

3,280

0.8

Other Expenses
Interest expense .................................
Equity in losses of associatedcompanies..........................................
Other.................................................
Total Other Expenses .............................

394

0.4

172

0.2

848

0.2

Ordinary income........................................

7,721

8.5

4,141

6.1

23,161

5.9

Extraordinary Gain
Reversal of allowance for doubtful
accounts ............................................
Other.................................................
Total Extraordinary Gain ........................
Extraordinary Loss
Loss on termination of certain
retirement benefit plans ...................
Settlement of construction contract
Impairment loss
Loss on sale of fixed assets ...................
Other ..................................................
Total Extraordinary Loss ........................
Profit before income
taxes and minority interests .......................
Total tax ..................................................
Minority interests in net income (loss)..........
Net income .............................................

73

72

41
279

3
96

122
52
174

302
―
546

947
1
0.2

949

1,367
223
1.4

1,590

—

—

1,995
469

—
—

—
—

127
20

—

0.4

233

—

—

—

—

—

2,845

0.7

7,896

8.7

5,091

7.5

21,906

5.6

3,478
18

3.9
(0.0)

249
8

0.4
(0.0)

2,467
39

0.6
(0.0)

4,399

4.8

4,832

7.1

19,4005.0

7

3. Summary of Consolidated Statements of Cash Flow
1Q FY2006
Apr. 1, 2006–
Jun. 30, 2006
Cash Flow from Operating Activities
Profit before income
taxes and minority interests ......................................
Depreciation and amortization ...................................
Impairment loss .......................................................
Decrease (increase) in trade notes and accounts
receivable ...............................................................
Decrease (increase) in costs of construction contracts
in process................................................................
Increase in trade notes and accounts payable ..............
Increase in advance receipts on construction contracts .
Increase in jonitly controlled assets of joint ventures ....
Other......................................................................
Subtotal ........................................................................
Interest and dividend income.....................................
Interest paid............................................................
Settlement of construction contract paid .....................
Income taxes paid ....................................................
Net Cash Provided by Operating Activities...................
Cash Flow from Investing Activities
Proceeds from refunds of time deposits withmaturities................................................................
Purchase of fixed assets ............................................
Payment for purchase of investment securties..............
Payment for purchase of consolidated subsisdiarystock ......................................................................
Long-term loans .......................................................
Proceeds from collections of long-term loans ...............
Other......................................................................
Net Cash Used in Investing Activities .
Cash Flow from Financing Activities
Proceeds from long-term debt........... ................... ....
Repayments of long-term debt ..................................
Proceeds from new stock issue...................................
Cash dividends paid..................................................
Cash dividends paid to minority shareholders...............
Other .....................................................................
Net Cash Provided by (Used in)
Financing Activities .....................................................
Foreign Currency Translation Adjustments on Cashand Cash Equivalents...................................................
Net Increase (Decrease) in Cash and Cash
Equivalents......................................... ........................
Cash and Cash Equivalents at Beginning of Period ......
Decrease in Cash and Cash Equivalents Elimination
From Consolidation .....................................................
Cash and Cash Equivalents at End of Period ................

Millions of Yen
1Q FY2005
Apr. 1, 2005–
Jun. 30, 2005

Apr. 1, 2005–
Mar. 31, 2006

7,896

5,091

21,906

378
—

327
—

1,468
127

18,847

7,054(9,100)(15,606)725(6,282)
2,737

7,095
11,12237,923(39,175)

4,558(9,832)57,479(81,382)(3,238)(1,954)(2,552)

7,750
97

1,698
70

6,163
321

(72)
(469)
(3,725)

(73)
—
(500)

(303)
―
(944)

3,580

1,195

5,237

—
(440)
(139)

250
(361)
—

703
(1,854)(1,272)

—
(15)
29

—
—
—

(121)
(33)
3,340

14

30

289

(551)

(80)

1,051

—
(5)
16
(1,621)

—
(12)
86
(974)

10,000(10,101)357(1,139)

—
(48)

—
(46)

(36)
(417)

(1,659)(947)(1,338)

181

(995)

333

1,551

(828)

5,284

46,87841,594

41,594(66)—―

48,36340,76646,8788

4. Basis of presenting the consolidated financial statements for thethree-month period ended June 2006 (April 1, 2006–June 30, 2006)(1) Matters concerning significant accounting policies
The Company applies the simple method for the calculation of certain items while assuring compliance with theStandards for Preparation of Quarterly Financial Statements and avoiding material misrepresentation of informationthat would affect the judgment of interested parties, including investors.
Scope of application of the simple method
The Company calculates its tax liabilities on the basis of the estimated annual tax rate, calculated by the simple
method using the effective tax rate. The Company also uses the simple method for calculating certain expense
items.
(2) Recognition of significant reserves
The following reserves are included in the summary (consolidated three-month) balance sheets:
1Q FY 2006
As of Jun. 30, 2006

1Q FY 2005
As of Jun. 30, 2005

Millions of Yen

Fixed assets
Allowance for
doubtful accounts
Allowance forcapital loss on
investments
Current liabilities
Indemnity
allowance forcompleted
construction
Accrued bonuses
Allowance forinvestment loss
Long-term liabilities
Liability for
retirement benefits
Liability for
retirement benefits
to directors(1,234)
(263)

1,546

2,009
93

5,007
386

As of Mar.31,2006

Millions of Yen

Fixed assets
Allowance for
doubtful accounts
Allowance forcapital loss on
investments
Current liabilities
Indemnity
allowance forcompleted
construction
Accrued bonuses

Long-term liabilities
Liability for
retirement benefits
Liability for
retirement benefits
to directors(1,851)
(263)

782

1,425

5,595
330

Millions of Yen

Fixed assets
Allowance for
doubtful accounts
Allowance forcapital loss on
investments
Current liabilities
Indemnity
allowance forcompleted
construction
Accrued bonuses
Allowance forinvestment loss
Long-term liabilities
Liability for
retirement benefits
Liability for
retirement benefits
to directors(1,469)
(263)

1,870

3,856
146

7,962
430

(3) Change in scope of consolidation
Beginning with the first quarter of the current fiscal year, PT Asian Engineering Contractors Indonesia is no longer
included in the scope of consolidation because this company does not have a material impact on the consolidated
financial statements.
(4) Other significant accounting policies
The Company has engaged Deloitte Touche Tohmatsu as its advisor on matters concerning the disclosure ofquarterly financial information.

95. Production, Orders and Sales Situation (Consolidated)
Millions of Yen
1Q FY2006
Apr. 1, 2006 —Jun. 30, 2006
Construction Contracts%

New contracts%

Backlog%Business Segment
Engineering
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Total Engineering

22,699117,015
351

13.2
68.1
0.2

73,876
3,711
358

81.0
4.1
0.4

790,537
145,303
2,599

76.3
14.0
0.3

16,681
5,337
6,649
1,492
170,226

9.7
3.1
3.9
0.9
99.1

7,912
2,714
325
759
89,658

8.7
3.0
0.3
0.8
98.3

64,45422,0988,033
2,820
1,035,846

6.2
2.1
0.8
0.3
100.0

Other ................................

1,511

0.9

1,511

1.7

—

—

Domestic ...........................
Overseas ...........................
Total ................................

32,849138,889
171,738

19.1
80.9
100.0

10,35680,814
91,170

11.4
88.6
100.0

119,933
915,913
1,035,846

11.6
88.4
100.0

Millions of Yen
1Q FY2005
Apr. 1, 2005 —Jun. 30, 2005
Construction Contracts%

New contracts%

Backlog%Business Segment
Engineering
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Total Engineering

71,575
1,997
73

74.7
2.1
0.1

38,487
9,292
3,669

56.4
13.6
5.4

417,672
61,557
6,402

75.1
11.1
1.1

14,272
2,335
2,562
1,781
94,599

14.9
2.4
2.7
1.9
98.8

9,714
4,068
810
1,026
67,069

14.2
6.0
1.2
1.5
98.3

39,834
22,5374,610
3,850
556,465

7.2
4.0
0.8
0.7
100.0

Other ................................

1,191

1.2

1,191

1.7

—

—

Domestic ...........................
Overseas ...........................
Total ................................

19,49376,297
95,791

20.4
79.6
100.0

14,55453,707
68,261

21.3
78.7
100.0

95,565
460,899
556,465

17.2
82.8
100.0

10

Millions of Yen
FY2005
Apr. 1, 2005 —Mar. 31, 2006
Construction Contracts%

New contracts%

Backlog%Business Segment
Engineering
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Total Engineering ............

675,208
16,848
515

83.9
2.1
0.1

230,227
54,278
7,952

58.9
13.9
2.0

846,92232,070
2,606

88.2
3.3
0.3

73,32819,9906,483
7,134
799,509

9.1
2.5
0.8
0.9
99.4

53,73324,2987,602
8,061
386,153

13.8
6.2
1.9
2.1
98.8

55,624
19,477
1,738
2,098
960,538

5.8
2.0
0.2
0.2
100.0

Other ................................

4,721

0.6

4,721

1.2

―

―

Domestic ...........................
Overseas ...........................
Total ................................

112,720
691,510804,231

14.0
86.0
100.0

105,329
285,545
390,875

26.9
73.1
100.0

97,484
863,054
960,538

10.1
89.9
100.0

(Note) The amount of the backlog of contracts as of the end of the three-month period is adjusted for any decreases incontract amounts due to changes in contracts and increases due to adjustments in contracts booked before theprevious fiscal year and the effect of foreign currency translation adjustments on foreign currency-denominatedcontracts.

11[Reference]

1. Summary of Non-consolidated Balance Sheets
1Q FY2006
As ofJun. 30, 2006%

Millions of Yen
1Q FY2005
As ofJun. 30, 2005%

As ofMar. 31, 2006%

AssetsCurrent Assets
Cash and time deposits...............................
Notes receivable-trade................................
Accounts receivable-trade ...........................
Costs of construction contracts in process .....
Jointly controlled asset of joint venture.........
Other .......................................................
Allowance for doubtful accounts ...................
Total Current Assets ...............................

31,64532,38533,491

152
19,331

251
20,72535
34,565

18,392
170,51222,04359,786

11,198131,336

11,173
(58)

8,348
(167)

12,444(123)

251,150

91.6

143,37487.3

222,947

90.5

Fixed Assets
Property, plant and equipment ...............
Intangible fixed assets ..........................
Investments and other assets
Affiliate company stock.......................
Deferred tax assets............................
Other ...............................................
Reserves ..........................................
Total investments and other assets.........
Total Fixed Assets ...................................

23,046

8.4

20,786

12.7

23,281

9.5

Total Assets ............................................

274,196

100.0

164,160

100.0

246,229

100.0

Liabilities and Shareholders’ Equity
Current Liabilities
Notes payable-trade ...................................
Accounts payable-trade ..............................
Current portion of long-term debt ...............
Advance receipts on construction contracts ...
Reserves...................................................
Other ......................................................
Total Current Liabilities...........................

4,491

4,250

4,553

2,977

2,697

3,103

7,679
3,710
6,313
(2,125)

7,150―
10,094(3,405)

7,540
3,710
6,854
(2,480)15,577

13,83815,625

4,125
57,33850
129,313
2,928
15,380209,137

4,596
61,627

5,412
55,625
10,05044,046
1,769
8,486
76.3

125,39025
97,1604,666
13,86976.4

181,945

73.9

Non-Current Liabilities
Long-term debt .........................................
Reserves...................................................
Other liabilities ..........................................
Total Non-Current Liabilities ...................

16,133

5.9

5,052

3.1

17,492

7.1

Total Liabilities .......................................

225,27082.2

130,44279.5

199,437

81.0

12,765

7.8

12,901

5.3

6,549
14,699
―

4.0
8.9
―

6,684
27,901
(18)

2.7
11.3
(0.0)

Shareholders’ Equity
Common stock ..........................................
Additional paid-in capital.............................
Retained earnings ......................................
Treasury stock...........................................
Net unrealized loss on available-for-salesecurities ..................................................
Total Shareholders’ Equity
Liabilities and Shareholders’ Equity ........

10,111
4,297

161
4,806

1,725

10,136
7,266

84

90

(296)

(0.2)

(676)

(0.3)

33,71820.5

46,791

19.0

164,160

100.0

246,229100.0

12

Summary of Non-consolidated Balance Sheets（continued）
1Q FY2006
As ofJun. 30, 2006%

Millions of Yen
1Q FY2005
As ofJun. 30, 2005%

As ofMar. 31, 2006%

Net Assets
Shareholders’ Equity
Common stock ..........................................
Additional paid-in capital.............................
Retained earnings ......................................
Treasury stock...........................................
Total Shareholders’ Equity ......................
Valuation and Exchange Rate
Adjustments
Net unrealized loss on available-for-salesecurities ..................................................
Deferred hedging losses .............................
Total valuation and exchange rateadjustments ..............................................
Total net assets .........................................
Total liabilities and net assets ......................

12,9096,692
30,476(724)
49,353

18.0

(253)
(173)
(426)

(0.2)

48,92617.8

274,196

100.0

13

2. Summary of Non-consolidated Statements of Income

1Q FY2006
Apr. 1, 2006–
Jun. 30, 2005%

Millions of Yen
1Q FY2005
Apr. 1, 2005–
Jun. 30, 2005%

82,51574,398100.0
90.2

60,34755,730100.0
92.3

341,599
315,919

100.0
92.5

8,117

9.8

4,616

7.7

25,680

7.5

2,036

2.4

1,734

2.9

7,134

2.1

6,080

7.4

2,881

4.8

18,545

5.4

Other Income .........................................

1,733

2.1

747

1.2

3,440

1.0

Other Expenses ......................................
Ordinary income........................................

317

0.4

140

0.2

773

0.2

7,495

9.1

3,488

5.8

21,211

6.2

Extraordinary Gain .................................

234

0.3

870

1.4

2,047

0.6

Extraordinary Loss .................................

—

—

—

—

3,990

1.2

Profit before income
taxes and minority interests .......................
Total tax ..............................................
Net income .............................................

7,730
3,234

9.4
3.9

4,358
42

7.2
0.0

19,268
1,750

5.6
0.5

4,496

5.5

4,316

7.2

17,517

5.1

Construction Contracts ...........................
Cost of Construction Contracts ...............
Gross profit ..............................................
Selling, General and
Administrative Expenses ........................
Operating income ......................................

Apr. 1, 2005–
Mar. 31, 2006%

14

3. Production, Orders and Sales Situation (Non-consolidated)
Millions of Yen
1Q FY2006
Apr. 1, 2006 —Jun. 30, 2006
Construction Contracts%

New contracts%
Business Segment
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........
Domestic ...........................
Overseas ...........................
Total ................................

Domestic ...........................
Overseas ...........................
Total ................................

14.4
74.0
0.0

73,858
3,440
191

89.5
4.2
0.2

788,882
139,638
2,426

78.9
14.0
0.3

7,236
3,725
6,418
769

4.6
2.4
4.1
0.5

3,240
1,300
233
251

3.9
1.6
0.3
0.3

42,136
16,429
7,816
2,005

4.2
1.6
0.8
0.2

19,824137,080
156,905

12.6
87.4
100.0

4,955
77,56082,515

6.0
94.0
100.0

88,914910,420
999,334

8.9
91.1
100.0

Millions of Yen
1Q FY2005
Apr. 1, 2005 —Jun. 30, 2005
Construction Contracts%

Domestic ...........................
Overseas ...........................
Total ................................

Backlog%

71,575
1,228
0

87.5
1.5
0.0

38,487
7,915
3,452

63.8
13.1
5.7

417,672
56,539
6,294

79.2
10.7
1.2

5,638
692
2,380
305

6.9
0.8
2.9
0.4

6,471
2,835
729
454

10.7
4.7
1.2
0.8

24,292
16,390
4,296
1,846

4.6
3.1
0.8
0.4

9,525
72,29581,821

11.6
88.4
100.0

9,738
50,60860,347

16.1
83.9
100.0

77,497449,835
527,332

14.7
85.3
100.0

Millions of Yen
FY2006
Apr. 1, 2005 —Mar. 30, 2006
Construction Contracts%

New contracts%
Business Segment
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........

%

22,592
116,11646

New contracts%
Business Segment
LNG plant ..........................
Gas and power utilities ........
Gas chemicals ....................
Petroleum andpetrochemicals ...................
General chemicals ...............
Industrial machinery............
Environment and other........

Backlog

Backlog%

673,282
11,129
134

90.0
1.5
0.0

229,664
48,023
7,342

67.2
14.1
2.1

845,356
27,024
2,571

90.9
2.9
0.3

40,834
12,916
5,654
4,021

5.5
1.7
0.8
0.5

27,92917,464
6,644
4,540

8.2
5.1
2.0
1.3

38,141
14,005
1,655
1,487

4.1
1.5
0.2
0.1

66,660681,310
747,971

8.9
91.1
100.0

70,307271,291
341,599

20.6
79.4
100.0

74,068856,174
930,243

8.0
92.0
100.0

(Note) The amount of the backlog of contracts as of the end of the three-month period is adjusted for any decreases incontract amounts due to changes in contracts booked before the previous fiscal year and the effect of foreign
currency translation adjustments on foreign currency-denominated contracts.

15