Supplementary Data on Financial Results for 2nd Quarter(cumulative) of FY2016 Ending March November 9, 2016

Transcription

1 Supplementary Data on Financial Results for 2nd Quarter(cumulative) of FY2016 Ending March 2017 November 9, 2016

2 Contents page 1 Construction business - Transition of orders received, net sales and carried-forward contracts (non-consolidated) 1 2 Construction business - classified by region (non-consolidated) 5 3 Construction business - classified by purpose (non-consolidated) 6 4 Breakdown of orders received - classified by contract amount (non-consolidated) 9 5 Orders received - renovation projects (non-consolidated) 9 6 Breakdown of orders received - sole source or tender bid (non-consolidated) 9 7 Breakdown of capital expenditure 10 8 Depreciation, research and development expense and number of personnel 10 9 and operating by business segment (consolidated) by region (consolidated) Performance of principal subsidiaries Overview of principal private finance initiative (PFI) business projects 14 This "Supplementary data on Financial Results" contains predictions and forecasts regarding the future plans, strategies, and performance of Obayashi Corporation ( "Company" ) and the Obayashi Group. These statements are forward-looking statements based on the assumptions and opinions made in light of information available to the Company at the time of writing, and are subject to risks and uncertainties related to economic trends, market demand, currency exchange rates, taxation and various other systems. Actual results may therefore differ from forecasts. If there is any discrepancy between the Japanese original and this document, the former will prevail.

3 1 Construction business - Transition of orders received, net sales and carried-forward contracts (non-consolidated) (1) Orders received Building const. Civil eng. const. business Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Variance (2Q/FY2016-2Q/FY2015) Result-FY2015 Central government 4, % 66, % 18, % (48,427) (72.3)% 96, % public Local government and other 21, , , (10,665) (66.3) 47, , , , (59,093) (71.2) 143, Manufacturer 90, , , (10,477) (8.7) 270, private Non-Manufacturer * 304, , , , , , , , , , total 420, , , (28,308) (6.2) 1,052, , , , (7,986) (72.1) 17, total 423, , , (36,294) (7.8) 1,069, Central government 109, , , (15,503) (24.1) 120, public private public private Local government and other 16, , , , , , , , (6,308) (8.8) 157, Manufacturer 5, , , (10,450) (58.8) 23, Non-Manufacturer 39, , , , , , , , , , total 171, , , , , , , , , , Civil eng. total 176, , , , , Central government 113, , , (63,931) (48.7) 216, Local government and other 38, , , (1,469) (6.2) 84, , , , (65,401) (42.3) 301, Manufacturer 96, , , (20,928) (15.1) 293, Non-Manufacturer 344, , , , , , , , , ,040, total 592, , , (24,386) (4.2) 1,341, , , , (281) (1.8) 59, Const. business total 600, , , (24,668) (4.2) 1,400, * See page 2 for the breakdown of contracts from domestic private sector. 1

4 Breakdown of contracts from domestic private sector (orders received) Manufacturer Textile 1, % 2, % 3, % 1, % 5, % Chemical 33, , , , , Steel 9, , , (484) (13.4) 7, Electric machinery 2, , , (11,598) (52.6) 55, Transportal machinery 21, , , , , Other machinery 11, , , , , Food 2, , , (14,254) (70.3) 41, Other 7, , , (5,308) (43.3) 19, , , , (10,477) (8.7) 270, Non-Manufacturer Agriculture and fishery Mining and construction 3, , , (8,949) (51.1) 25, Electric and gas 2, , , , , Transport 35, , , (38,836) (66.4) 116, Information and communication 4, , , , , Commerce 25, , , , Finance and insurance 40, , , (10,750) (69.1) 118, Real estate 88, , , , , Service 101, , , , , Other 2, , , , , , , , , , , , , ,

5 (2) Building const. Civil eng. const. business Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Variance (2Q/FY2016-2Q/FY2015) Result-FY2015 Central government 18, % 16, % 13, % (2,780) (17.1)% 36, % public Local government and other 23, , , (14,289) (51.5) 46, , , , (17,070) (38.8) 82, Manufacturer 99, , , , , private Non-Manufacturer 306, , , , , , , , , , total 447, , , , , , , , (3,741) (36.9) 16, total 469, , , , , Central government 48, , , , , public private public private Local government and other 17, , , , , , , , , Manufacturer 6, , , (817) (11.2) 18, Non-Manufacturer 35, , , (5,575) (12.4) 93, , , , (6,392) (12.2) 112, total 107, , , , , , , , , Civil eng. total 122, , , , , Central government 66, , , , , Local government and other 40, , , (13,990) (32.0) 79, , , , (10,452) (9.2) 238, Manufacturer 105, , , , , Non-Manufacturer 342, , , , , , , , , , total 555, , , , ,160, , , , (2,740) (10.9) 45, Const. business total 591, , , , ,206,

6 (3) Carried-forward contracts Building const. Civil eng. const. business public private public private public private Central government 33, % 74, % 89, % 14, % 84, % Local government and other 68, , , , , , , , , , Manufacturer 130, , , , , Non-Manufacturer 724, , , , , , , , , ,025, total 956, ,043, ,131, , ,170, , , , (3,279) (14.7) 22, total 988, ,065, ,150, , ,192, Central government 212, , , (24,819) (10.3) 228, Local government and other 55, , , , , , , , (11,279) (4.0) 283, Manufacturer 5, , , (4,240) (27.0) 10, Non-Manufacturer 85, , , , , , , , , , total 359, , , , , , , , , , Civil eng. total 426, , , , , Central government 245, , , (10,371) (3.3) 312, Local government and other 123, , , , , , , , , , Manufacturer 136, , , (2,611) (1.6) 178, Non-Manufacturer 809, , , , , , ,006, ,111, , ,133, total 1,315, ,412, ,525, , ,561, , , , , , Const. business total 1,414, ,480, ,609, , ,651,

7 2 Construction business - classified by region (non-consolidated) (1) Orders received Kanto region Kansai region Others North America Asia Others 268, % 282, % 184, % (97,699) (34.6)% 572, % 135, , , , , , , , , , , , , (24,386) (4.2) 1,341, , , , , , , , (2,389) (72.8) 31, , , , , , (281) (1.8) 59, , , , (24,668) (4.2) 1,400, (2) Kanto region Kansai region Others North America Asia Others Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Variance (2Q/FY2016-2Q/FY2015) Result-FY , % 224, % 222, % (1,199) (0.5)% 480, % 138, , , , , , , , , , , , , , ,160, , , , (1,257) (13.3) 17, , , , (339) (2.7) 22, , , , (1,143) (40.1) 5, , , , (2,740) (10.9) 45, , , , , ,206, (3) Carried-forward contracts Kanto region 588, % 715, % 711, % (3,997) (0.6)% 749, % Kansai region 333, , , , , Others 394, , , , , ,315, ,412, ,525, , ,561, North America 24, , , , , Asia 66, , , , , Others 8, , , (2,069) (40.9) 2, , , , , , ,414, ,480, ,609, , ,651,

8 3 Construction business - classified by purpose (non-consolidated) (1) Orders received Building construction Purpose % % % % % Office / government buildings 116, , , (31,574) (24.8) 324, Accommodations 9, , , (7,943) (43.6) 42, Stores 28, , , , , Factories and power plants 63, , , (1,003) (1.1) 203, Warehouses and logistics 28, , , , , Houses 58, , , (12,133) (21.0) 76, Education and research 56, , , (30,161) (49.0) 115, Medical and welfare 40, , , , , Amusement 4, , , , Others 18, , , , , , , , (36,294) (7.8) 1,069, Civil engineering Purpose % % % % % Soil and river conservation 3, , , (1,747) (56.8) 5, Railroads 16, , , , , Water supply and sewers 3, , , , , Land development 6, , , (3,338) (57.6) 20, Ports and airports 5, , , (872) (42.9) 15, Roads 100, , , (18,216) (28.7) 124, Power lines , Others 41, , , (3,474) (9.6) 73, [of the above, civil work inside factories] [ 17,988] [ 10.2] [ 26,802] [ 21.2] [ 15,474] [ 11.2] [ (11,328)] [ (42.3)] [ 56,977] [ 17.2] 176, , , , , Construction business total 600, , ,804 (24,668) (4.2) 1,400,281 6

9 (2) Building construction Purpose % % % % % Office / government buildings 140, , , (12,003) (11.5) 220, Accommodations 4, , , , , Stores 47, , , (18,757) (47.6) 78, Factories and power plants 77, , , , , Warehouses and logistics 20, , , (4,806) (10.4) 74, Houses 48, , , , , Education and research 43, , , , , Medical and welfare 58, , , (13,809) (30.7) 82, Amusement 2, , , , , Others 25, , , (1,835) (5.4) 74, , , , , , Civil engineering Purpose % % % % % Soil and river conservation 5, , , , Railroads 12, , , (2,303) (15.1) 30, Water supply and sewers 8, , , , Land development 9, , , (1,038) (12.7) 16, Ports and airports 4, , , (1,529) (58.5) 17, Roads 47, , , , , Power lines 2, , , (228) (8.5) 6, Others 31, , , (2,553) (6.2) 76, [of the above, civil work inside factories] [ 19,648] [ 16.1] [ 25,475] [ 18.5] [ 21,210] [ 15.3] [ (4,264)] [ (16.7)] [ 53,390] [ 17.9] 122, , , , , Construction business total 591, , ,117 40, ,206,375 7

10 (3) Carried-forward contracts Building construction Purpose % % % % % Office / government buildings 247, , , , , Accommodations 12, , , (7,404) (19.7) 41, Stores 49, , , , , Factories and power plants 93, , , , , Warehouses and logistics 52, , , , , Houses 165, , , (15,762) (10.6) 128, Education and research 107, , , (60,662) (40.5) 132, Medical and welfare 157, , , , , Amusement 2, , , (5,714) (33.0) 22, Others 100, , , , , , ,065, ,150, , ,192, Civil engineering Purpose % % % % % Soil and river conservation 58, , , (18,637) (36.0) 42, Railroads 42, , , , , Water supply and sewers 15, , , , , Land development 24, , , , , Ports and airports 7, , , (965) (25.8) 2, Roads 203, , , (15,690) (7.0) 222, Power lines 8, , (4,803) (90.0) 2, Others 67, , , (3,206) (5.2) 63, [of the above, civil work inside factories] [ 30,117] [ 7.1] [ 35,968] [ 8.7] [ 32,676] [ 7.1] [ (3,291)] [ (9.2)] [ 38,412] [ 8.4] 426, , , , , Construction business total 1,414,863 1,480,791 1,609, , ,651,576 8

11 4 Breakdown of orders received - classified by contract amount (non-consolidated) Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Variance (2Q/FY2016-2Q/FY2015) Result-FY2015 Number Amount Proportion Number Amount Proportion Number Amount Proportion Number Amount Variance Rate Number Amount Proportion Over ten billion yen Less than ten billion yen and over five billion yen Less than five billion yen and over two billion yen Less than two billion yen and over 100 million yen , % 7 139, % , % 5 33, % , % 8 60, , , , , , , , (5) (23,555) (20.8) , , , , (81) (42,650) (23.6) , , , , (79) (23,164) (4.2) 918 1,312, Less than 100 million yen - 17, , , (1,503) (3.3) - 87, , , , (24,668) (4.2) - 1,400, Orders received - renovation projects (non-consolidated) Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Variance (2Q/FY2016-2Q/FY2015) Result-FY2015 Amount Proportion* Amount Proportion* Amount Proportion* Amount Variance rate Amount Proportion* of orders received 60, % 90, % 62, % (27,724 ) (30.7)% 180, % Note : "Proportion" shows ratio of "orders received of renovation projects" to "orders received of domestic building construction." 6 Breakdown of orders received - sole source or tender bid (non-consolidated) Building Const. Civil Eng. Sole source Tender bid Sole source Tender bid Sole source Tender bid Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Variance (2Q/FY2016-2Q/FY2015) Result-FY , % 190, % 241, % 50, % 481, % 247, , , (87,012) (31.7) 588, , , , (36,294) (7.8) 1,069, , , , (18,050) (42.8) 87, , , , , , , , , , , , , , , , , , , (57,335) (16.0) 831, , , , (24,668) (4.2) 1,400,

12 7 Breakdown of capital expenditure (1) Consolidated Result-FY2014 Result-FY2015 Forecast-FY2016 Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Forecast/3Q-4Q Full year Construction business 3,598 5,941 9,540 5,322 7,310 12,632 6,240 4,759 11,000 Real estate business 9,181 13,235 22,416 2,494 35,834 38,329 3,193 23,806 27,000 Other 6,930 3,420 *1 10,351 2,803 2,466 *1 5,269 3,966 11,033 *1 15,000 19,710 22,597 42,308 10,619 45,611 56,231 13,400 39,599 53,000 *1 Captal expenditure mainly used for renewable energy business (Obayashi Clean Energy and other) (2) Non-consolidated Result-FY2014 Result-FY2015 Forecast-FY2016 Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Forecast/3Q-4Q Full year Construction business 2,053 3,259 5,313 3,360 3,537 6,897 4,214 1,785 6,000 Real estate business ,182 10, ,068 2,112 *2 25,209 11,290 36,500 Other ,260 13,538 15,798 3,443 5,688 9,132 29,431 13,568 43,000 *2 Non-consolidated capital expenditure exceeds consolidated expenditure due to intra-group transactions. (Obayashi purchased land owned by its subsidiary.) 8 Depreciation, research and development expense and number of personnel (1) Depreciation Result-FY2014 Result-FY2015 Forecast-FY2016 Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Forecast/3Q-4Q Full year Consolidated 6,661 7,731 14,392 7,007 7,469 14,476 7,200 7,799 15,000 Non-consolidated 2,619 3,011 5,631 2,772 3,066 5,839 2,906 3,093 6,000 (2) Research and development expense (3) Number of personnel Result-FY2014 Result-FY2015 Forecast-FY2016 Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Result/3Q-4Q Full year Result/1Q-2Q Forecast/3Q-4Q Full year Consolidated 4,346 5,044 9,391 4,601 5,480 10,081 4,562 6,437 11,000 Non-consolidated 4,204 4,904 9,108 4,476 5,344 9,821 4,438 6,261 10,700 (Unit: person) Result-2Q/FY2014 Result-FY2014 Result-2Q/FY2015 Result-FY2015 Result-2Q/FY2016 Forecast-FY2016 Consolidated 13,442 13,432 13,662 13,688 14,208 14,000 Non-consolidated 8,471 8,369 8,499 8,402 8,591 8,500 This overview of forecast was prepared for reference purpose only and was prepared on the basis of information available at the time of the release of this document. Due to various factors, the actual result may vary from the forecast data. 10

13 9 and operating by business segment (consolidated) profit margin profit margin profit margin Net Sales profit margin building const. 461,519 2, % 435,396 18, % 481,380 36, % 45,984 17, ,997 51, % building const. 142,034 2, , ,707 2, (5,944) 1, ,956 2, Building construction 603,553 5, ,048 19, ,087 39, ,039 19,670 1,270,954 54, civil eng. 145,350 6, ,395 13, ,505 16, (9,889) 2, ,909 36, civil eng. 30, ,892 3, ,713 (1,402) (4.2) (2,178) (5,329) 70,889 2, Civil engineering 175,416 6, ,288 17, ,219 14, (12,068) (2,677) 424,798 39, Construction business Real estate business Others 778,969 12, ,336 36, ,307 53, ,970 16,992 1,695,752 93, ,867 3, ,591 4, ,252 4, (338) (424) 47,020 10, ,949 1, ,698 1, ,436 1, (3,262) 41 35,061 2, ,786 16, ,626 42, ,996 59, ,369 16,609 1,777, , Note: "" and " " above show external sales and operating on external sales respectively. "" total and " " total for each year above equal to net sales and operating shown in the consolidated statements of respectively. 10 by region (consolidated) Japan Amount Proportion proportion Amount Proportion proportion Amount Proportion proportion Amount Variance rate Amount Proportion 637, % 633, % 666, % 33, % 1,365, % proportion 173, % 201, % 192, % (8,942) (4.4) 412, % North America 94, , , (13,839) (10.3) 270, Asia 75, , , , , Others 3, , , (1,362) (34.7) 7, , , , , ,777,

14 11 Performance of principal subsidiaries (1) subsidiaries (PL) Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Forecast-FY2016 No. Name of company Segment % held by the Group Ordinary Profit 1 Naigai Technos 100.0% 39, , , , Obayashi Facilities 100.0% 9, , , ,000 1,657 1,680 1,083 3 Oak Setsubi 100.0% 7, , , , Civil Obayashi Road (non-consolidated) Eng. 41.7% 48,243 2,432 2, ,824 4,697 4,715 1,243 44,506 3,483 3,495 1, ,000 8,500 8,500 2,333 5 Obayashi Shinseiwa Real Estate Real Estate Business 100.0% 11,762 3,231 2,705 1,721 14,131 4,036 3,607 2,425 14,477 4,434 3,949 2,754 34,000 7,120 6,144 4,195 6 Obayashi Clean Energy *1 Other 1,483 (9) (208) (64) 1, (84) (110) 2, ,079 (24) (788) (651) 7 Oak Information System Other 100.0% 3, , , , OC Finance Other 100.0% Ibaraki Green Other 100.0% 1, , , PFI Subsidiaries Other 12, , , , Others 3,441 (114) , , , subsidiaries ( 54) total 139,063 7,654 7,139 3, ,667 11,313 10,768 5, ,925 10,759 10,076 5, ,519 20,737 19,067 9,222 Ordinary Profit Ordinary Profit Ordinary Profit Variance to former 2Q/FY. 4,603 3,659 3,628 1,229 (6,741) (554) (692) 357 *1. Obayashi Clean Energey includes its subsidiaries which run renewable energey business. (2) subsidiaries (PL) Result-2Q/FY2014 Result-2Q/FY2015 Result-2Q/FY2016 Forecast-FY2016 No. Name of company Segment % held by Ordinary Ordinary Ordinary Ordinary Profit Profit Profit the Group Profit 11 E.W. Howell Co., LLC 92.0% 10,090 (90) (87) (78) 18,520 (254) (251) (228) 12,508 (110) (108) (98) 28, Webcor, LP * % 51, , , ,502 1,496 1,484 1, James E. Roberts-Obayashi Corp. 51.0% 8, , , , Kraemer, LLC Civil Eng. 51.0% ,700 (92) (93) (47) 11, , Kenaidan Group Ltd. *3 Civil Eng. 60.0% 11,460 (81) (45) (11) 8, ,380 (595) (591) (261) 13,531 (635) (633) (279) 16 Thai Obayashi 50.0% 16,742 2,335 2, ,148 1,521 1, ,779 1,760 1, ,626 3,337 3,732 1, PT. Jaya Obayashi 85.0% 11, , , ,031 (0) 44 (73) 7, (45) 18 Taiwan Obayashi 100.0% 6, ,260 (38) (29) (29) 2,469 (131) (129) (129) 6,217 (174) (170) (170) 19 Obayashi Singapore 100.0% 3,795 (85) (85) (85) 7,682 (10) (4) (4) 22, ,888 1,069 1, Obayashi Vietnam 100.0% 8, , , , Others 6,501 (1,765) (1,888) (1,998) 9, ,798 (804) (1,164) (997) 14,521 (912) (1,113) (924) subsidiaries ( 35) total 135,662 2,629 3, ,438 2,423 2,845 1, ,112 2,393 2,367 1, ,330 5,490 5,918 3,059 Varience to former 2Q/FY. 40,775 (206) (284) 831 (7,325) (30) (477) (41) Subsidiaries ( 89) total 274,726 10,284 10,269 4, ,105 13,737 13,613 6, ,038 13,152 12,443 6, ,849 26,227 24,985 12,282 Variance to former 2Q/FY. 45,379 3,452 3,343 2,060 (14,067) (584) (1,169) 316 *2. E.W.Howell Co., LLC, Webcor, LP, James E. Roberts-Obayashi Corp. and Kraemer, LLC are consolidated subsidiaries of Obayashi USA Co., LLC. *3. Kenaidan Group Ltd. is a consolidated subsidiaries of Obayashi Canada Holdings Ltd. Note: This overview of forecast was prepared for reference purpose only and was prepared on the basis of information available at the time of the release of this document. Due to various factors, the actual result may vary from the forecast data. 12

15 (3) subsidiaries (BS) Result-FY2014 Result-FY2015 Result-2Q/FY2016 No. Name of company Segment % held by the Group assets Net assets Interest-bearing Debt Number of personnel assets Net assets Interest-bearing Debt Number of personnel assets Net assets Interest-bearing Debt (Unit: million yen, person) 1 Naigai Technos 100.0% 35,494 4, ,077 5, ,526 5, Obayashi Facilities 100.0% 16,752 10, ,785 11, ,810 11, Oak Setsubi 100.0% 11,328 2, ,785 2, ,827 2, Civil Obayashi Road (non-consolidated) Eng. 41.7% 85,648 33,537 2,000 1,020 93,671 39,795 2,000 1,028 84,457 41,319 2,000 1,077 5 Obayashi Shinseiwa Real Estate Real Estate Business 100.0% 155,863 30,268 97, ,367 36, , ,096 39, , Obayashi Clean Energy *1 Other 28,380 (1,176) 23,044-29,004 (1,776) 29,015-33,496 (1,621) 33,315-7 Oak Information System Other 100.0% 4,512 3, ,621 3, ,637 3, OC Finance Other 100.0% 85,510 4,330 63,889-83,164 4,934 58,916-84,504 5,130 44,735-9 Ibaraki Green Other 100.0% 6,362 1,822 3, ,748 2,395 2, ,561 2,502 2, PFI Subsidiaries Other 82,245 1,569 73, ,630 2,060 66, ,700 2,163 63, *1. Obayashi Clean Energey includes its subsidiaries which run renewable energey business. Number of personnel (4) subsidiaries (BS) No. Name of company Segment 11 E.W. Howell Co., LLC 12 Webcor, LP *2 13 James E. Roberts-Obayashi Corp. 14 Kraemer, LLC Civil Eng. 15 Kenaidan Group Ltd. *3 Civil Eng. 16 Thai Obayashi 17 PT. Jaya Obayashi 18 Taiwan Obayashi 19 Obayashi Singapore 20 Obayashi Vietnam % held by the Group Result-FY2014 assets Net assets Interest-bearing Debt Number of personnel Result-FY2015 assets Net assets Interest-bearing Debt Number of personnel (Unit: million yen, person) Result-2Q/FY2016 assets Net assets Interest-bearing Debt Number of personnel 92.0% 13,887 2, ,784 2, ,692 1, % 57,210 3,014 5, ,261 3,645 3, ,886 3,925 4, % 6,408 1, ,456 1, ,731 1, % 7,684 3, ,153 3, ,013 2, % 12,347 2,348 1, ,456 1, ,486 1,287 1, % 42,793 34,690-1,032 44,734 34,167-1,106 40,499 30,996-1, % 8,183 3, ,951 2, ,742 2, % 12,083 3, ,512 3, ,040 2, % 5,531 1, ,558 1, ,237 2, % 8,249 3, ,623 4, ,950 3, *2. E.W.Howell Co., LLC, Webcor, LP, James E. Roberts-Obayashi Corp. and Kraemer, LLC are consolidated subsidiaries of Obayashi USA Co., LLC. *3. Kenaidan Group Ltd. is a consolidated subsidiaries of Obayashi Canada Holdings Ltd. 13

16 12 Overview of principal private finance initiative (PFI) business projects No. Name of business Location Business term Type of business Date of establishment Special purpose company capital stock % held by Obayashi Gross business expenses 1 Chiyoda-ku, Tokyo BTO HOR Kaikan PFI billion yen New Office for the Members of the House of Representatives construction and operation project Aug Mar (13 years) December 26, million yen 41%(Affiliated company) 2 Hamada City, Shimane BOT Shimane Asahi Social Support 87.8 billion yen Shimane Asahi Rehabilitation Program Center construction and operation project Oct Mar (17 years) March 20, million yen 48%(Subsidiary) 3 Yokohama City, Kanagawa BTO Kanagawa Medical Service 63.2 billion yen Kanagawa Cancer Center construction and operation project Nov Mar (20 years) February 25, million yen 55%(Subsidiary) 4 Yokosuka City, Kanagawa BTO PFI Kanagawa 32.3 billion yen Kanagawa University of Human Services construction project Feb Mar (30 Years) May 25, million yen 99.5%(Subsidiary) 5 Suginami-ku, Tokyo BOT PFI Suginami Koukaidou Hall 25.8 billion yen Suginami Koukaidou Hall reconstruction, management and operation project Jun Mar (30 years) January 16, million yen 61%(Subsidiary) 6 Saitama City, Saitama BTO PFI Okubo Techno Resource 24.2 billion yen Okubo Drainage and Purification Plant construction and operation project Apr Mar (20 years) December 3, million yen 20%(Affiliated Company) 7 Kakogawa City, Hyogo O&M Harima Social Support 23.5 billion yen Harima Rehabilitation Program Center operation project Oct Mar (15 years) May 24, million yen 67%(Subsidiary) Note: This chart does not contain the projects already finished. Other 29 projects billion yen 36 projects billion yen 14