Toda : Materials for results briefing(FY2023)

Results Briefing

for the Year ended March 31, 2024

May 22, 2024

TODA CORPORATION

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This material contains forward-looking statements regarding TODA CORPORATION and the Group's business plans, strategies, and earnings forecasts.

These statements are TODA CORPORATION's forecasts based on currently available information and may involve potential risks and uncertainties.

The actual results or developments may differ from the forward- looking statements due to changes in various factors.

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Today's Program

１．Results Briefing

General Manager of Corporate Administration Group

Toshihiro Yamazaki

２．Progress of the Management Plan

President and Representative Director

Seisuke Otani

• Translation available at a later date.

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１．Results Briefing

General Manager of

Corporate Administration Group

Toshihiro Yamazaki

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FY2023 Financial Highlights (Consolidated)

• Consolidated net sales

¥522.4 bil (-4.5％ YoY)

• Net sales decreased 4.5% YoY to ¥522.4 bil, mainly due to lower sales in the domestic architectural construction and civil engineering business.
• Operating income

¥17.9 bil （+26.7％ YoY）

• Operating income increased 26.7% YoY to ¥17.9 bil. This was due to factors such as improved profits on several projects in the architectural construction business for which provision for loss had been made in the previous consolidated fiscal year.
• Orders received

(non-consolidated)

¥500.7 bil （+17.4% YoY ）

• Orders received increased 17.4% to
  ¥500.7 bil, mainly due to an increase in private construction orders in the domestic construction.

	FY2022	FY2023	Change	FY2024
(Billions of yen)	(YoY)	(Forecasts)

Consolidated net	547.1	522.4	-4.5％	600.0
sales
Gross profit	57.3	65.5	14.4％	79.0
(10.5%)	(12.6%)
Operating income	14.1	17.9	26.7％	30.0
(2.6%)	(3.4%)
Ordinary income	19.0	25.4	33.9％	35.5
Net income
attributable to	10.9	16.1	46.4％	27.0
owners of the
parent
ROE	3.5	4.8	-	8.1
Orders received	426.7	500.7	17.4％	500.0
(non-consolidated)
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[Consolidated] Results by Segment

（Billions of yen）

			Domestic	Domestic	Overseas
FY2023	Architectural	Civil	Investment	Environment
Group	Group	Elimination	Total
Construction	Engineering	and	and Energy
			Development	Companies	Companies
Net sales	325.5	119.9	23.2	53.7	48.8	1.3	-50.3	522.4
Operating	6.5	7.5	3.9	1.9	1.4	-0.4	-3.0	17.9
income(loss)	(2.0)	(6.3)	(16.9)	(3.6)	(3.0)	(-)		(3.4)
(Profit margin)

			Domestic	Domestic	Overseas
FY2022	Architectural	Civil	Investment	Environment
Group	Group	Elimination	Total
Construction	Engineering	and	and Energy
			Development	Companies	Companies
Net sales	332.4	141.6	19.5	52.3	37.9	1.5	-38.2	547.1
Operating	-1.4	11.0	3.3	1.9	1.9	0.0	-2.7	14.1
income(loss)	(-)	(7.8)	(16.9)	(3.8)	(5.1)	(3.2)		(2.6)
(Profit margin)

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Major Orders Received

	Ordering Parties	Name of Works
Architectural	Toranomon 1-chome East Area	Construction of New Facility Building for Toranomon 1-
Urban Redevelopment	chome East Area Urban Redevelopment Project
Construction	Association
MITSUBISHI ESTATE CO., LTD.	Dogenzaka 2-chome South Area Project New Construction
		and Others
	Izumo Murata Manufacturing	New Production Building Construction at Izumo Murata
	Co., Ltd.	Manufacturing Co., Ltd.
	SENKO Group Holdings Co.,	(Tentative name) SENKO Group Holdings Co., Ltd. Urawa
	Ltd.	Daimon Distribution Center New Construction Work
	Kushiro City	Kushiro City General Hospital New Tower Construction
Civil	Ibaraki Hanawa Wind LLC	Ibaraki Hanawa East and West Wind Farm Construction
Engineering
Ministry of Land,	Reiwa 5 Shitara Dam Construction 1st Phase Work
	Infrastructure, Transport and
	Tourism, Chubu Regional
	Development Bureau
	Shunan City	Shunan City Tokuyama Central Purification Center
		Reconstruction Project
	Ministry of the Environment	Restoration of Temporary Storage Facilities under the
		Jurisdiction of Hamadori Kita Branch Office from Reiwa 5 - 6

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Major Carryover Works

	Ordering Parties	Name of Works
Architectural	St. Marianna University School of	St. Marianna University School of Medicine Sugao
Medicine	Campus Renewal Plan
Construction
Maishima Development SPC	(Tentative name) DPL Osaka Maishima New Construction
		Work
	JAPANET HOLDINGS Co., Ltd.	Nagasaki Stadium City Projects (II, III Sections)
	Lam SPC	ESR OS1 Data Center New Construction Work
	Ogawa Station West Exit Area	Ogawa Station West Exit Area Type 1 Urban
	Urban Redevelopment Association	Redevelopment Project
Civil	Ministry of Land, Infrastructure,	Yokohama Shonan Road Tunnel Work
Transport and Tourism, Kanto
Engineering	Regional Development Bureau
West Nippon Expressway	Shin-Meishin Expressway Ujitawara Tunnel East Work
	Company Limited
	Central Nippon Expressway	Tokyo Outer Ring Road Main Line Tunnel (North Bound)
	Company Limited	Tomei North Work
	Tokyo Metropolitan Government	Johoku Chuo Park Detention Pond (Phase 1) Work2

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[Non-consolidated] Carryover Works

738.5

3.6

263.6

471.2

	（Billions of yen）		The amount carried over to the next
718.6	818.9
	fiscal year increased from the previous
	Overseas		fiscal year.
0.5	1.7		In the domestic construction business,
	Civil		both public and private sector
		construction increased, resulting in
279.2	Engineering
289.7		¥88.6 bil increase from the previous
			fiscal year.
		 In the domestic civil engineering
438.8	Architectural		business, public sector construction
Construction		decreased, but private sector
	527.5		construction increased, resulting in
			increase of ¥10.4 bil from the previous
			fiscal year.

March 2022

March 2023

March 2024

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１-1．Details of Financial Results

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