Medium-Term Management Plan and Consolidated Performance Targets for FY2018

「During the cumulative second quarter period, there were no material changes to the management policies, management strategies or other matters established by the Group.」

「There were no material changes during the cumulative first quarter to the management policies, management strategies, or other matters established by the Group.」

「There were no material changes during the cumulative first quarter to the management policies, management strategies, or other matters established by the Group.」

「As a result, performance fell short of the originally established three-year average targets across the board.」

「During the cumulative second quarter period, there were no material changes to the management policies, management strategies or other matters established by the Group.」

「There were no material changes during the cumulative first quarter to the management policies, management strategies, or other matters established by the Group.」

「The status of achievement against the consolidated performance targets for FY2019, the second year of the FY2018 Medium-Term Management Plan covering FY2018 through FY2020, was as follows. Orders were ¥8.9 billion, or 12.3%, below plan. Revenue was ¥1.4 billion, or 2.2%, below plan. In terms of profit, operating profit was ¥500 million, or 15.2%, above plan, and ordinary profit was ¥300 million, or 9.8%, above plan, while net profit attributable to owners of the parent was ¥0 million, or 1.0%, below plan.」

「During the cumulative third quarter period, there were no material changes to the management policies, management strategies or other matters established by the Group.」

「During the cumulative second quarter period, there were no material changes to the management policies, management strategies or other matters established by the Group.」

「The status of achievement in the first year of the FY2018 Medium-Term Management Plan, covering FY2018 through FY2020, was as follows. Orders were ¥600 million, or 0.9%, above the plan, based on the consolidated performance target for the medium-term management plan, calculated as a three-year average. Revenue was ¥2.3 billion, or 3.3%, below plan. In terms of profit, the Company worked to improve project profitability by reducing construction costs and efficiently allocating personnel, and made thorough efforts across the Company to reduce overhead costs. However, due to the decline in revenue, operating profit was ¥300 million, or 7.3%, below plan, ordinary profit was ¥200 million, or 5.1%, below plan, and net profit attributable to owners of the parent was ¥0 million, or 2.5%, below plan.」

「There were no material changes during the cumulative third quarter to the management policies, management strategies or other matters established by the Group.」

「During the cumulative second quarter period, there were no material changes to the management policies, management strategies or other matters established by the Group.」

「There were no material changes during the cumulative first quarter to the management policies, management strategies, or other matters established by the Group.」

「To adapt to changes in the business environment and achieve sustainable growth, the Group formulated the FY2018 Medium-Term Management Plan, covering FY2018 through FY2020, and will implement various measures to achieve the following management objectives: ① Secure and expand business areas ② Transform the Company into an organisation capable of generating profits consistently ③ Develop and strengthen people and technologies ④ Put into practice actions that fulfil its social responsibilities ⑤ Make a continuing contribution to the reconstruction of Fukushima. 〇 Orders: approximately ¥73.0 billion 〇 Revenue: approximately ¥73.0 billion 〇 Operating profit: approximately ¥5.5 billion 〇 Ordinary profit: approximately ¥5.5 billion 〇 Net profit attributable to owners of the parent: approximately ¥4.0 billion」