Establishing a New Revenue Base

「The Company will focus on expanding investments in public-private partnership projects and renewable energy businesses, executing new businesses that leverage its contracting operations, and further advancing M&A.」

「From the interim consolidated accounting period, the Company included the newly invested 匿名組合岐阜県多治見大藪蓄電所, 匿名組合岐阜県各務原発電所, 匿名組合千葉県八街蓄電所 and 匿名組合滋賀県東近江蓄電所, as well as 大間奥戸風力発電(株), in which it newly acquired shares, within the scope of consolidation.」

「From the interim consolidated accounting period, the Company included the newly established 上ノ国風力開発(株), ふじサンエネルギー(同) and とやまアリーナコンセッション(株) within the scope of consolidation. From the interim consolidated accounting period, it included the newly established (株)ジャパンナショナルスタジアム・エンターテイメント and 豊橋ネクストパーク(株) within the scope of application of the equity method.」

「日本風力開発 handles wind power generation projects on an end-to-end basis, from project development through operations and maintenance. Because this aligns with the Company’s business model, the Company believes that collaboration between the two companies will create significant synergies and be highly meaningful in further expanding both companies’ renewable energy businesses.」

「From the first quarter consolidated accounting period, the Company included (株)ＳＥＫＩ and (有)関栄興業, in which it newly acquired shares, within the scope of consolidation. From the first quarter consolidated accounting period, the Company also included 三浦下水道コンセッション(株), previously treated as an unconsolidated subsidiary, within the scope of consolidation because its significance to the Group had increased.」

「The infrastructure operations business is centered on renewable energy and concession operations. In addition to the solid performance of operating companies, including 愛知道路コンセッション(株), the sale of one wind power generation project resulted in revenue of ¥22.5 billion, up ¥3.8 billion, or 20.5%, year on year, and segment profit of ¥7.9 billion, up ¥1.8 billion, or 30.8%.」

「The newly established 日本バイオフューエル(株) has been included in the scope of consolidation from the third quarter consolidated accounting period.」

「From the first quarter of the current consolidated fiscal year, MAEDA AMERICA Inc., newly established インフロニアデジタルソリューション(株), and みおつくし工業用水コンセッション(株), whose materiality had increased, have been included in the scope of consolidation.」

「Establishing new earnings platforms: establishing a domestic and international position in infrastructure services and further expanding the business areas」