Slide 1: Q2 FY2026 (64th Term) Financial Results
Q2 FY2026 (64th Term) Financial Results Tokyo Stock Exchange / Code number： August 13, 2026 9621
Slide 2: Contents
・ Q2 FY2026 (64 th Term) Financial Results ・ Q2 FY2026 (64 th Term) End of Fiscal Year Forecast ・Progress of the Mid-Term Management Plan and future actions towards the end of the fiscal year C O N T E N TS ・ Appendix 2
Slide 3: Highlights from Q2 FY2026 Financial Results
Highlights from Q2 FY2026 (64th Term) Financial Results Q2 FY2026(64 th Term) ◼ Orders received are on track, at the same level as the same period of the previous year ◼ Sales are strong, increased by 8.3% YoY ◼ Operating income is strong, increased by 10.7% YoY Full-year forecast ◼ Sales and profit
Slide 4: Q2 FY2026 Financial Highlight (Consolidated)
Q2 FY2026 (64th Term)-Financial Highlight（Consolidated） Orders Received Sales Operating Income Net Income Attributable to Owners of the Parent JPY 61,053 million JPY 55,003 million JPY 6,617 million JPY 4,427 million FY2025 (63rd) JPY 60,917 million FY2025 (63rd) JPY 50,794 million FY2025 (63rd) JPY
Slide 5: Financial Highlight (Actual vs. Plan)
Q2 FY2026 (64th Term) -Financial Highlight （ Actual vs. Plan ） Orders Received, Sales and incomes are progressing on track against the FY2026(64 th Term) plan Q2 FY2026 FY2026(64 th) (64 th) Plan Actual vs. Plan 0％ 50％ 100％ Orders Achievement Ratio 61,053 million 105,000million Received 58.1 JPY JPY
Slide 6: Trend of first half Orders Received, Sales and OI Margin
(Reference) Trend of first half Orders Received, Sales and OI Margin (Consolidated) Orders Received, Sales and OI Margin exceeded the levels recorded in the same period of the previous fiscal year （JPY million） 80,000 16% 15.0% 70,000 13.1% 13.4% 14% 60,917 61,053 60,000 58,923 11.8% 12.0% 12% 54,54
Slide 7: Profit and Loss Statement (Consolidated)
Q2 FY2026 (64th Term) - Profit and Loss Statement（Consolidated） （JPY million） Q2 FY2026 (64 th Term) FY2026 (64 th Term) (Updated Plan) Q2 FY2025 Item (63 rd Term) Change(¥) Change(%) Achievement (YoY) (YoY) vs. Plan(%) Orders Received 60,917 61,053 +135 +0.2% 105,000 58.1% Sales 50,794 55,003 +4,20
Slide 8: Balance Sheet (Consolidated)
Q2 FY2026 (64th Term)- Balance Sheet（Consolidated） ◼ ・Total assets increased by JPY 3.1 billion, due to a JPY 16.7 billion increase in cash and deposits. ◼ ・Net assets increased by JPY 1.5 billion, mainly due to a JPY 2.3 billion increase in retained earnings. ◼ ・Net worth ratio decreased by 0.7 per
Slide 9: Results Outline by Segment: Domestic Business
Q2 FY2026 (64th Term) Results Outline by Segment：Domestic Business ◼ Orders Received have progressed steadily, exceeding the same period of the previous year due to strong orders from the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). ◼ Sales and Operating Income have been performin
Slide 10: Orders Received Amount Trend (Domestic)
Orders Received Amount Trend (Domestic) ■Orders Received Amount by Client Type ■Orders Received Amount by Contract Method 10% In the second quarter, Orders Received from the In the second quarter, Orders Received • Ministry of Land, Infrastructure, Transport and 22% • awarded through technical compe
Slide 11: Orders Received Trend (Domestic)
Orders Received Trend (Domestic) ■Orders Received Amount by Sector • Orders Received for Water & Land Business Sector and Transportation & Urban Business Sector exceeded the same period of the previous year. Transportation Water & Land • • Environment & Social Business Sector was strong, increase by
Slide 12: Results Outline by Segment: Overseas Business
Q2 FY2026 (64th Term) Results Outline by Segment：Overseas Business ◼ Orders Received were lower than the same period of the previous year, when a large-scale project was secured, but remained steady compared to the initial forecast. ◼ Sales was on track, exceeded both the same period of the previous
Slide 13: Orders Received Amount Trend (Overseas)
Orders Received Amount Trend (Overseas) ◼ CTI Engineering International (CTII) faced challenges due to a decrease in the number of orders and the postponement of a project to the following periods, but the order backlog remains at the same level as the previous period. ◼ Waterman Group Plc (Waterman
Slide 14: Contents
・ Q2 FY2026 (64 th Term) Financial Results ・ Q2 FY2026 (64 th Term) End of Fiscal Year Forecast ・Progress of the Mid-Term Management Plan and future actions towards the end of the fiscal year C O N T E N TS ・ Appendix 14
Slide 15: FY2026 (64th Term) Plan (Consolidated/Non-Consolidated)
FY2026 (64th Term) Plan (Consolidated/Non-Consolidated) ⚫ As a target for the mid-point of the Mid-Term Management Plan 2027, we plan to increase both Sales and Operating Income on both non-consolidated and consolidated basis. （JPY million） Mid-Term FY2025 (63rd Term) FY2026 (64th Term) Change Manag
Slide 16: Shareholder Returns: Revision of Year-End Dividend Forecast
Shareholder Returns: Revision of Year-End Dividend Forecast (Announced on July 30, 2026) Reason for In the Mid-Term Management Plan 2027, we have established a basic policy of shareholder returns with a target revision of dividend payout ratio of 30% or more. Based on a comprehensive consideration o
Slide 17: Shareholder Returns: Acquisition of Treasury Shares
Shareholder Returns: Acquisition of Treasury Shares (Announced on July 30, 2026) Reasons for This acquisition of treasury shares was implemented to promote Management that is Conscious of Cost of acquisition of Capital and Stock Price, improve capital efficiency, and enhance shareholder returns base
Slide 18: Contents
・ Q2 FY2026 (64 th Term) Financial Results ・ Q2 FY2026 (64 th Term) End of Fiscal Year Forecast ・Progress of the Mid-Term Management Plan and future actions towards the end of the fiscal year C O N T E N TS ・ Appendix 18
Slide 19: Progress of Mid-Term Management Plan 2027: Business Portfolio Transformation
Progress of the Mid-Term Management Plan 2027～Business Portfolio Transformation～ Sales by Portfolio Growth Core Business 104% Area 107% New 129% YoY YoY Business YoY （JPY billion） （JPY billion） （JPY billion） 300 29.353 28.152 15 70 6.870 1.364 6.415 250 1.058 10 200 50 5 150 100 30 0 Q2 FY2025 Q2 FY
Slide 20: Progress of Mid-Term Plan: Human Capital, DX/Production System Reform
Progress of the Mid-Term Management Plan 2027～ Human Capital, DX/ Production System Reform ～ Strengthening Investment in Human Capital DX/Production System Reform ●Number of engineers ●HC-ROI ●Working hours （ Non-Consolidated ） 1,940 FY2025 June, 2026 First half results: 1,069 Improved Improved 2.6
Slide 21: Future actions towards the end of the fiscal year
Future actions towards the end of the fiscal year Domestic Business ◼ Further accelerate the business portfolio transformation, and promote the expansion of Orders Received and establish market position in growth areas. ◼ Ensure quality and prevent serious errors through the utilisation of AI and er
Slide 22: Disclaimer
Disclaimer • Any forward-looking statements as part of information disclosed by the Company, such as (but not restricted to) information pertaining to future plans, outlooks, management strategy, etc., are based on the information available at the time of disclosure and/or on certain assumptions dee
Slide 23: Appendix
Appendix 23
Slide 24: Corporate Profile
Corporate Profile Ever since founded in 1945, CTI Engineering has focused on great importance to people and technology We are “Japan’s first consulting engineer company " developed with high technological capabilities Company Business Philosophy Name CTI Engineering Co.,Ltd. We strive to create a sa
Slide 25: Role of the Consulting Engineers
Role of the Consulting Engineers Infrastructure developments are carried out mainly by three parties: (1) National and Local Governments, (2) Consulting Engineers, and (3) Construction Companies. For “National and Local Governments" that decide projects and make plans, We "Consulting Engineers" prov
Slide 26: Business Process of Consulting Engineers
Business Process of Consulting Engineers The role of consulting engineers is to provide consulting services such as surveys, planning, and design, etc. as a partner to national and local governments that make project decisions and planning. We undertake almost all the workflow, but in accordance wit
Slide 27: Basic Workflow of Consultant Engineers
Basic Workflow of Consultant Engineers ➢ Project size : Mostly tens of millions of yen. In recent years, the number of large-scale projects is increasing by several hundred million. ➢ Number of projects : Thousands per year ➢ Project period : Basically 1 year, but multi-year large-scale projects are
Slide 28: Importance of Consulting Engineers
Importance of Consulting Engineers Infrastructure Development Yashio City road Infrastructure Maintenance and sinkhole accident Management Define a Construction Plan Survey Design Maintenance project management management Efficient and Effective infrastructure Importance of inspection, evaluation, a
Slide 29: Quarterly Sales Amounts and Operating Income (Consolidated)
(Reference Data) Quarterly Sales Amounts and Operating Income (Consolidated) Due to the high proportion of public sector projects in our consulting engineer business, Sales and Operating Income are 35,000 typically concentrated in Q1. ※after the adoption of Accounting Standard of Revenue Recognition
Slide 30: The History of CTI Engineering Co., Ltd.
The History of CTI Engineering Co., Ltd. The history of the Construction Technology Institute (the predecessor of CTI Engineering Co., Ltd.) begins in December 1944, as Japan headed toward its defeat in World War II. Our Founding: The board of directors of the Japan Civil Engineering and Constructio
Slide 31: The History of CTI Engineering Co., Ltd.
The History of CTI Engineering Co., Ltd. Number of employees: 4,087 Sales : JPY 101.0billion Achieved sustainable growth through human resource enhancement 2017 Waterman Yodo River, Yodo River system and M&A (Osaka City, Osaka Prefecture) joined (1971-1980） CTI group Onagawa Central District, Onagaw
Slide 32: Transition of Sales and Number of Engineers
Transition of Sales and Number of engineers（Non-consolidated） Sales(Non-Consolidated) Number of （JPY billion） Engineers (people) 800 By increasing 1,940 2,000 human resources, we achieved 1,900 sustainable expand of Sales. 1,752 1,800 1,658 1,700 600 1,557 1,600 1,461 1,500 1,387 1,400 1,304 400 1,3
Slide 33: Consolidated Group Company (Domestic)
Consolidated Group Company (Domestic) Trans- Provides professional services related portatio Provides professional services related Environ- mental to urban development, urban planning to geological surveying and analysis, n Social and town planning, land readjustment Urban groundwater and soil cont
Slide 34: Our Position in the Construction Consulting Industry
Our Position in the Construction Consulting Industry (Non-consolidated) Ranked 3rd in Sales, 1st in Net Income in FY 2025 (JPY Million) Sales of Consulting Company Name Engineers Division Net Income 1 Nippon Koei(ID&E) (Unlisted) *1 65,577 3,293 2 Pacific Consultants (PCKK) (Unlisted) 61,658 4,099 3
Slide 35: Our Strength
Our Strength Industry Professional Professional Japan’s Stable Engineers Engineers First Customer Base Leader with with Consulting Centred on the Order Received Advanced Advanced Public Sector in the Technical Engineer Technical River Sector SkillsSkills Since the founding of the As we receive 90% o
Slide 36: Our Strengths
Our Strengths Order Received Amount by Source (2025) Order Received Amount by Contract Method (2025) １ Private, ２ etc. Price Orders 9％ Competition Received Strength in 24% Proposal from National technical Government competition government Local Gov. 40％ 44% Government 38% Negotiated Contracts Former
Slide 37: Business fields of Domestic Segment
Business fields of Domestic Segment The Company's (non-consolidated) business fields consist of the following four business divisions. ▮63 rd (2025) Period Orders Composition Ratio (Domestic) Water and Land Transportation and Urban Environmental and social Construction Management Business Sector Bus
Slide 38: Our Position in the Industry (Results in 2025)
Our Position in the Industry (Results in 2025) Ranked 1st in Sales of River Sector (JPY Million) Our company Water and Land Business Sector Transportation and Urban Business Sector （Reference Data） Business Unit Rivers, Coasts Urban planning and Steel structure Government Sales Rank Sewerage Mechani
Slide 39: Our Position in the Industry (Results in 2025)
Our Position in the Industry (Results in 2025) Sales of Construction Management Business Sector ranked 1 with a 40% increase YoY(Last year 2 position) (JPY Million) Construction Our company Environmental and Social Business Sector Management Business Unit Business Sector Construction planning, Sales
Slide 40: Consolidated Group Company (Overseas)
Consolidated Group Company (Overseas) We are expanding globally with two subsidiaries, Waterman and CTI International 63 rd Term (2025) 63 rd Term (2025) Composition of Overseas Composition of Overseas Segment Sales Segment Sales Waterman Group Plc 15% CTI Engineering International 85% 81% History H
Slide 41: Sales of Waterman Group Plc after the Acquisition
Sales of Waterman Group Plc after the Acquisition ・ Sales of Waterman Group Plc have progressed steadily since 2017 ・ After our acquisition, public sector Sales have increased 63 rd Term (2025) Composition of Overseas Segment Sales Sales Trends (GBP) (Unit: ％) Waterman Group Plc 140.0 60.0 85% 127.1
Slide 42: Mid-Term Management Plan 2027: Five Key Factors
Mid-Term Management Plan 2027 Appendix : Five Key Factors to Express “How we should be" Based on the five key factors that express ideal state of CTI Engineering Group, the measures to be implemented in the Mid-Term Management Plan 2027 are consolidated into two pillars. Acquisition of Human Resourc
Slide 43: Mid-Term Management Plan 2027: Rationale for Numerical Targets
Mid-Term Management Plan 2027 Appendix : Rationale for Numerical Targets ● Important management figures in 2027 Continue to strengthen our workforce at an annual growth rate of around 5% and aim for net sales of JPY 110 billion Sales or more (achieve SPRONG2030, our mid- to long-term vision, ahead o
Slide 44: External Environment: Public Works Expenditures and Construction Investments
Mid-Term Management Plan 2027 Appendix : External Environment (Trend of Public Works Expenditures and Construction Investments) The market for consulting engineering business, our core business, is strongly influenced by government budget allocations and construction investment. Public works expendi
Slide 45: External Environment: Disaster prevention and national resilience policy
(Reference Data) External Environment (Disaster prevention and mitigation, national resilience policy) • Government approved the “The First Medium-Term National Resilience Implementation Plan” in June 2025 • The plan covers the five-year period from FY2026 to FY2030 with an estimated total budget of
Slide 46: External Environment: Unit price for design engineers
Mid-Term Management Plan 2027 Appendix : External Environment (Public works expenses and construction investment) ● Unit price for design engineers: A unit price used for the estimation of design outsourcing (design, survey, geology, etc.) ordered by the Ministry of Land, Infrastructure, Transport a
Slide 47: Shareholder Returns
Shareholder Returns ● Return profits to shareholders with a minimum consolidated dividend payout ratio of 30% or more. ● Basic policy of 3% DOE during the period of Mid-Term Management Plan 2027 ● Aim for a total return ratio of 35-50%, and flexibly implement additional returns while taking into acc
Slide 48: Business Philosophy
Business Philosophy We strive to create a safe, Comfortable and enriching society Using world-class technology and expertise. CTI Engineering Co., Ltd. has faced social issues with integrity throughout its history as a pioneering consulting engineer. It has worked to solve a variety of infrastructur
Slide 49: Supplementary Data
2Q / 6 4t h t e r m ( 20 2 6 ) Fi n a nc i al R e su lt s 〔Supplementary Data〕 CTI Engineering Co., Ltd.
Slide 50: Order Status (Non-consolidated): Orders received by month
1. Order Status (Non-consolidated) (1) Orders received by month 捨、％） (JPY million, rounded down to the nearest million, %) Item Our company Consulting Engineering (50 companies) (Note) 2024 2025 2026 2024 2025 2026 Change Change Change Change Change Change Month Amount Amount Amount Amount Amount Am
Slide 51: Cumulative Orders Received (Non-Consolidated)
2026 Cumulative Orders Received 2025 (JPY million) (Non-Consolidated) 2024 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Jan. Feb. Mar. Apr. May. Jun. Jul. Aug. Sept. Oct. Nov. Dec. 2026 Cumulative Orders Received 2025 (JPY million) Consulting Engineering (50 companies) 2024 800,000 700,000 600
Slide 52: Orders received in engineering competition
(3) Orders Received of Proposals and Comprehensive Evaluation bid (Non-Consolidated) (Items,%) FY 2024 2025 2026 (2024.1 to 12) (2025.1 to 12) (2026.1 to 6) Number of cases audited 2,391 2,764 1,820 Number of selected 1,011 1,037 636 Selected orders received rate 42.3% 37.5% 34.9% Number of cases au
Slide 53: Results by Business Sector (Consolidated)
2. Results by Business Sector (Consolidated) (2Q) (JPY million, rounded down to the nearest million, %) FY Business Sector Beginning balance Orders change Sales Composition change Gross profit Gross Profit Balance of of orders carried received (YoY) Amount ratio (YoY) Margin% orders carried forward