Financial Results

for 3Q of the fiscal year ending March 2023

February 8, 2023

Financial summary

  • Net sales increased due to the steady progress of rich backlog in building construction.
  • All profit levels decreased due to drop of profit ratio in building construction. The rate of progress toward the full-year forecast is generally in line with forecast but remains lower than in previous years.

¥bn

FY2021 3Q

FY2022 3Q

Change

Result

Result

New orders

1,028.8

1,190.1

161.3

Net Sales

1,006.0

1,104.6

98.6

Gross Profit

116.1

107.1

(9.0)

11.5%

9.7%

(1.8Pt)

Operating income

51.8

41.9

(9.9)

5.2%

3.8%

(1.4Pt)

Net income

40.5

32.9

(7.6)

attributable to

4.0%

3.0%

(1.0Pt)

owners of parent

Net income per

198.42

166.90

(31.52)

share (¥)

FY2022

3Q

Forecast

Progress rate

1,800.0

66.1%

1,770.0

62.4%

194.0

55.2%

11.0%

97.0

43.2%

5.5%

67.0

49.1%

3.8%

342.91 48.7%

1

New orders

Consolidated

1,500.0

1,200.0

900.0

600.0

300.0

0.0

¥bn

161.3

1,190.1

999.1

3.0%

1,028.8

15.7%

29.7

59.8

338.6

270.3

8.5

278.8

619.9 55.7 675.6 81.4 757.0

108.9 (34.5) 74.4 20.1 94.5

FY2020_3Q FY2021_3Q FY2022_3Q

Civil

engineering

Building construction

Real estate development (and other)

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

2

Major new orders [Civil engineering]

Non-consolidated

Order

Project

Type of

Client

Industry

time

construction

CONTRACT P103 DESIGN AND

Oversea

CONSTRUCTION OF RIVIERA

2Q

Enterprises

INTERCHANGE STATION AND

Railroad

Land Transport Authority

of central

TUNNELS FOR CRL-PUNGGOL

government

EXTENSION [Singapore]

1Q

Maintenance work of the Nishiya

Water supply

Yokohama Waterworks

Local public

Purification Plant Redevelopment

and sewerage

Bureau

enterprise

Project (water purification facility)

2Q

Construction work of Johana Tunnel on

Central Nippon Expressway

Enterprises

Tokai-Hokuriku Expressway (four-lane

Road

of central

Company Limited

project)

government

2Q

New construction work of runway on

Other

Kyusyu Regional Development

National

Mageshima island for FY2022 (part 2)

Bureau

2Q

Construction work of Akashigawa

West Nippon Expressway

Enterprises

Bridge on Daini Shinmei Road

Road

of central

Company Limited

(superstructure work)

government

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

Order

Project

Type of

Client

Industry

time

construction

1Q

Extension and renovation work of

Fukuoka International Airport

international terminal buildings at

Other

Real estate

Co., Ltd.

Fukuoka Airport

3Q

New construction work of Konami R&D

Office

Konami Real Estate, Inc.

Real estate

Center

2Q

New construction work of Mizuho Bank

Nakameguro Center Reconstruction

Office

Mizuho Bank, Ltd.

Finance

Plan

Construction work of connection

2Q

between the Satellite and Main

Other

Japan Airport Terminal Co., Ltd.

Real estate

Building on the north side of the Tokyo

International Airport Terminal 2

2Q

New construction work of Fukuoka

West Japan Civil Aviation

Airport Office New Building and Control

Office

National

Bureau

Tower

Public

Private

Overseas

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

4

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Taisei Corporation published this content on 08 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2023 08:43:07 UTC.