Expansion of Maintenance and Repair Businesses, Including Large-Scale Renewals and Major Repairs

「Orders for large-scale renewal and maintenance work totaled ¥25.0 billion, even lower than in the same period of the previous year, representing a weak start, and a substantial acceleration in the pace of orders is expected going forward.」

「Even for large-scale renewal and maintenance work, for which we had expected order volume to increase as an alternative, the trend toward smaller new contract sizes due to the impact of project budgets and other factors continued. Orders totaled ¥210.0 billion, exceeding the previous consolidated fiscal year’s result of ¥180.2 billion, based on the Company’s calculations, but were insufficient to offset the decline in new construction-related orders.」

「In large-scale renewal and maintenance, for which we also expect awards at roughly the same level, efforts to reduce or defer the scale of new contracted projects have continued, partly because existing contracted projects required substantial additional budgets, and we expect this trend to continue for some time.」

「The expected scale of awards for large-scale renewal and maintenance projects has also declined significantly, from the ¥280 billion assumed at the beginning of the fiscal year to ¥210 billion, both based on the Company's estimates, partly because the awarding of scheduled major projects was carried over to the next fiscal year or later.」

「Under these circumstances, the outlook for the scale of projects expected to be awarded during the current fiscal year in the Group's core bridge business, including road and railway bridges, remains unchanged for new construction, at ¥275 billion versus the ¥270 billion forecast as of the end of the second quarter, both based on the Company's estimates. For maintenance-related projects, however, the forecast has declined to ¥250 billion from ¥290 billion as of the end of the second quarter, also based on the Company's estimate. Although total awards are expected to decline, projects continue to be awarded at a steady pace.」

「Under these circumstances, orders received totaled ¥34,287 million, up 12.7% year on year, driven by large-scale expressway renewal works and other large-scale projects, while the order backlog again exceeded ¥100 billion.」

「Large-scale renewal and maintenance: We received orders totaling ¥14,489 million, including the FY2020 Sasebo Road Sasebo Viaduct Widening Project (West Nippon Expressway Company Limited).」

「This fiscal year, the company has increased the proportion of its efforts focused on technically challenging large-scale renewal works using the technical proposal and negotiation method (*). At the point when it obtains preferred negotiating rights, the contract covers only detailed design, and discussions on contracts for fabrication and erection take place after the detailed design.」

「Under these circumstances, orders received totaled ¥30,425 million, up 8.3% year on year, driven by large-scale expressway renewal works and other large-scale projects.」

「We believe that expressway operators will continue to commission large-scale renewal works at a high level.」

「Under these circumstances, orders received totaled ¥40,742 million, driven by expressway renewal works and other projects, but declined 27.6% year on year because the company received orders for large-scale projects in the same period of the previous year.」

「Under these circumstances, orders received totaled ¥28,085 million, driven by expressway renewal works and other projects, but declined 41.4% year on year because the company received orders for large-scale projects in the same period of the previous year.」

「Under these challenging circumstances, orders received totaled ¥18,874 million, up 247.4% year on year, driven by expressway renewal works and other projects.」

「For bridges, the company won orders including the Ministry of Land, Infrastructure, Transport and Tourism's Tadakoshi Bridge, Hachioji-Minami BP Tate Viaduct, Shinkawashima Bridge superstructure Phase 2 works, Tamatoo Daiichi Bridge, Kaita Viaduct, the bridge renewal construction project between Suita JCT and Ikeda IC on the West Nippon Expressway, Koji IC Ramp Bridge, the Shinsuzaki Section works of the Nagoya Expressway Public Corporation, Tokuda Bridge in Iwate Prefecture, Misato-Nagareyama Bridge Phase 2 works in Chiba Prefecture, the Matsuzawa BP superstructure works in Hyogo Prefecture, and the Shin-Honmoku Pier construction project in Yokohama, Kanagawa Prefecture, including caisson steel shell fabrication.」

「In addition to large new-build bridge projects for expressway operators and others, the company won a broad range of private-sector projects, including maintenance and repair works, railway bridges, steel structures, and seismic isolation and earthquake-resistance works.」

「Orders received totaled ¥43,518 million, up 3.9% year on year, as the company pursued active sales activities and, in addition to new bridges for expressway companies and others, received a broad range of orders for private-sector projects including maintenance and repair works, steel structures, and seismic isolation and retrofit works.」

「Orders received totaled ¥35,652 million, up 4.0% year on year, as the company pursued active sales activities and, in addition to new bridges for expressway companies and others, received a broad range of orders for private-sector projects including maintenance and repair works, steel structures, and seismic isolation and retrofit works.」

「Orders received totaled ¥22,716 million, up 87.5% year on year, as the company pursued active sales activities and, in addition to new bridges for expressway companies and others, received a broad range of orders for private-sector projects including maintenance and repair works, steel structures, and seismic isolation and retrofit works.」

「Maintenance and repair business for large-scale renewal and rehabilitation works on expressways, Shinkansen lines and other infrastructure」

「In the maintenance business, expressway and Shinkansen large-scale renewal and rehabilitation works commissioned by the expressway operators and JR companies are expected to continue to be commissioned, but bidding companies are limited to those with comprehensive engineering capabilities, and this trend is expected to intensify. Amid this demand environment, the company will respond proactively to strengthen and expand the business.」

「The maintenance and repair business, including large-scale renewal and rehabilitation works for expressways and Shinkansen lines to be actively pursued by East Nippon Expressway, Central Nippon Expressway, West Nippon Expressway, Metropolitan Expressway, Hanshin Expressway, Nagoya Expressway Public Corporation, Hiroshima Expressway Public Corporation, Fukuoka-Kitakyushu Expressway Public Corporation and the JR companies, among others」