Slide 1: Investor Presentation: 2nd Quarter Financial Results (April 1 to September 30, 2021)
Investor Presentation 2nd Quarter : Presentation on Financial Results (April １ to September 30, 2021) 社長指示 November 9, 2021
Slide 2: Revision of Financial Forecasts for Fiscal Year Ending March 31, 2022
Revision of Financial Forecasts for Fiscal Year Ending March 31, 2022 2
Slide 3: Forecasts for Fiscal Year Ending March 31, 2022 - Consolidated Statements of Income
Forecasts for Fiscal Year Ending March 31, 2022 - Consolidated Statements of Income （Yen in billions） Fiscal Year Ending March 31, 2022 Results Forecasts Results Forecasts YoY April 1, 2020 announced on Change - March 31, 2021 April 1, 2021- April 1, 2021 Comparison August 5, 2021 September 30, 2021
Slide 4: Forecasts for Fiscal Year Ending March 31, 2022 - Consolidated Results
Forecasts for Fiscal Year Ending March 31, 2022 - Consolidated Results 2,500.0 250.0 2,000.0 200.0 1,500.0 150.0 1,000.0 100.0 500.0 50.0 (Forecast) 4
Slide 5: Reasons for revisions
Reasons for revisions ◉ Situations below arose in several large projects in domestic building construction business 1) Prior to the COVID-19 pandemic, Obayashi Corporation (hereinafter referred to as the “Company”) offered a strategic bid price for a large project expecting to achieve economies of s
Slide 6: Measures to be taken
Measures to be taken Every effort will be made to improve profitability of construction projects by reducing construction costs, etc. Following measures have been taken to prevent similar losses: [Measure 1: More stringent project screening] • Stricter screening criteria for expected cost improvemen
Slide 7: Return of Executive Compensation
Return of Executive Compensation In consideration of a significant downward revision to the business performance forecast, directors and executive officers will voluntarily return a portion of their monthly compensation as follows: Directors and some executive officers to return portion of monthly c
Slide 8: Year-end dividend
Year-end dividend [Basic policy on dividends] • Maintain stable dividend payment over the long term and keep the standard dividend payout ratio in the range of 20-30% as well as return profits to shareholders according to business performance while considering an increase in internal reserves to imp
Slide 9: Next Medium-Term Business Plan
Next Medium-Term Business Plan • In order to respond to changing business environment during and after COVID-19 pandemic, the Company is planning to announce new Medium-Term Business Plan in March of next year, with fiscal 2022 as the first year, and the Company is currently developing the new plan
Slide 10: Reduction of cross-shareholdings
Reduction of cross-shareholdings • Under next Medium-Term Business Plan will prioritize recovering and stabilizing performance while boldly investing in fields contributing to steady growth, continuing to work on getting back on growth trajectory • Toward that end, will further reduce cross-sharehol
Slide 11: Financial Results for the Six Months Ended September 30, 2021
Financial Results for the Six Months Ended September 30, 2021 and Forecasts for Fiscal Year Ending March 31, 2022 11
Slide 12: Financial Results for the Six Months Ended September 30, 2021 - Statements of Income
Financial Results for the Six Months Ended September 30, 2021 - Statements of Income （Yen in billions） Consolidated Non-consolidated Results Results Results Results April 1, 2020 April 1, 2021 YoY April 1, 2020 April 1, 2021 YoY - September 30, - September 30, Comparison - September 30, - September
Slide 13: Forecasts for Fiscal Year Ending March 31, 2022 - Statements of Income
Forecasts for Fiscal Year Ending March 31, 2022 - Statements of Income （Yen in billions） Consolidated Non-consolidated Forecasts Forecasts Forecasts Forecasts announced on April 1, 2021 Change announced on April 1, 2021 Change August 5, 2021 - March 31, 2022 August 5, 2021 - March 31, 2022 A B B-A C
Slide 14: Forecasts for Fiscal Year Ending March 31, 2022 - Orders Received
Forecasts for Fiscal Year Ending March 31, 2022 - Orders Received (Non-consolidated Orders Received) （Yen in billions） Results Results Forecasts Results April 1, 2020 YoY YoY April 1, 2021 Progress April 1, 2020 April 1, 2021 -September -September Comparison Comparison -March 31, 2021 -March 31, 202
Slide 15: Forecasts for Fiscal Year Ending March 31, 2022 - Main Management Indicator Targets
Forecasts for Fiscal Year Ending March 31, 2022 - Main Management Indicator Targets Results Results Results Results Medium-Term Business Plan 2017 April 1, 2018 April 1, 2019 April 1, 2020 April 1, 2021 Targets for March 31, 2022 - March 31, 2019 - March 31, 2020 - March 31, 2021 - September 30, 202
Slide 16: Disclaimer
Disclaimer This investor presentation, an English translation of the presentation made at the investor telephone meeting on November 9, 2021 as a digest of Obayashi Corporation’s “OBAYASHI CORPORATION announces its revised financial forecasts for FY2021” and “2nd Quarter Financial Results (April 1 t