Financial Results

for 1Q of the fiscal year ending March 2024

August 7, 2023

Financial summary

  • Net sales were almost the same level as those in the previous fiscal year due to an increase in civil engineering business but a decrease in real estate development and other business.
  • Losses were recorded in each level following the item of operating income due to the recording of loss in the construction business and a decrease in net sales in real estate development.

¥bn

FY2022 1Q

FY2023 1Q

Variance

increase

Result

Result

(decrease)

New orders

425.6

298.0

(127.6)

Net Sales

329.5

328.9

(0.6)

Gross Profit

27.4

14.7

(12.7)

8.3%

4.5%

(3.8%pt)

Operating income

6.1

(8.0)

(14.1)

loss)

1.8%

(2.4%)

(4.2%pt)

Net income(loss)

6.4

(2.3)

(8.7)

attributable to

1.9%

(0.7%)

(2.6%pt)

owners of parent

Net income(loss)

31.91

(12.10)

(44.01)

per share (¥)

FY2023

1Q

Forecast

Progress rate

1,780.0

16.7%

1,760.0

18.7%

166.0

8.9%

9.4%

64.0

3.6%

45.0

2.6%

241.03

1

New orders

Consolidated

500.0

400.0

300.0

200.0

100.0

0.0

¥bn

425.6

178.4

(127.6)

(30.0%)

72.2%

129.2

298.0

Civil

engineering

247.2

52.4

(18.0)

111.2

76.8

263.2

Building

construction

113.8

(99.8)

163.4

149.4

Real estate

21.0

12.2

33.2

(9.8)

23.4

development

(and other)

FY2021_1Q

FY2022_1Q

FY2023_1Q

Note: Percentages indicate the rate of change from the previous fiscal year.

2

Major new orders [Civil engineering]

Non-consolidated

Project

Type of

Client

Industry

Construction

Floor slab replacement construction

Central Nippon Expressway

Enterprises

work of Otagawa Bridge on Tomei

Road

of central

Company Limited

Expressway (Specific renewal, etc.)

government

Material gathering work at quarry of

Erosion control

Tohoku Regional Development

National

Naruse dam (2nd term)

& Flood control

Bureau

Construction work of the bridge in the

Kinki Regional Development

area of Hachijyo area on Yamato-Kita

Road

National

Bureau

Road

Civil engineering and other new

construction work of Saga (5) Garrison

Other

Kyushu Defense Bureau

National

(Work subject to technical cooperation

business (Part 1))

Public

Private

Overseas

*New orders (Domestic construction business) by type of construction and industry are described in the Supplementary data.

3

Major new orders [Building construction] Non-consolidated

Project

Type of

Client

Industry

Construction

Mumbai BKC Office Development

Office

Goisu Realty Private Limited

Oversea

Project Main Works Package [India]

Real estate

New construction work of Fukuoka

West Japan Civil Aviation

Airport Office New Building and Control

Office

National

Bureau

Tower (Part 2)

Relocation, expansion and new

Medical &

construction work of Denenchofu Chuo

Tachibana Corporation

Real estate

Welfare

Hospital

Public

Private

Overseas

*New orders (Domestic construction business) by type of construction and industry are described in the Supplementary data.

4

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Taisei Corporation published this content on 07 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 August 2023 07:38:09 UTC.