OBAYASHI CORPORATION

OBAYASHI CORPORATION GLOBAL SITE
Investor Relations
Financial Information
Performance of Principal Subsidiaries

Performance of Principal Subsidiaries

Performance of Principal Subsidiaries

(1) Domestic Subsidiaries (PL)

(Yen in millions)

										FY2020							FY2021							FY2022				FY2023
No.	Name of company	Segment	Group equity interest	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent
1	Naigai Technos　*1	Domestic Building	100.0%	91,637	939	946	558	7,629	436	441	249	8,200	189	181	77	10,451	487	507	356
2	Obayashi Facilities	Domestic Building	100.0%	27,858	1,424	1,442	949	31,020	2,364	2,384	1,552	30,180	1,197	1,373	952	33,222	1,048	1,169	758
3	Oak Setsubi	Domestic Building	100.0%	20,309	704	715	526	30,969	1,833	1,818	1,211	22,472	1,718	1,716	1,181	22,827	1,282	1,288	887
4	Cypress Sunadaya　*2	Domestic Building	46.1%	-	-	-	-	-	-	-	-	-	-	-	-	11,875	388	372	112
5	Obayashi Road	Domestic Civil	100.0%	100,059	7,021	7,185	4,774	106,708	4,825	4,917	3,337	98,471	2,233	2,324	1,536	102,677	4,364	4,445	2,780
6	Obayashi-Shinseiwa Real Estate	Real Estate	100.0%	32,087	8,614	8,003	5,371	50,805	16,190	15,590	10,830	56,153	15,156	14,567	10,359	49,667	10,850	10,339	6,152
7	Obayashi Clean Energy　*3	Other	-	9,482	2,051	1,206	741	11,075	983	320	900	15,285	1,943	1,351	1,011	17,077	1,904	1,803	150
8	Oak Information System	Other	100.0%	8,244	234	243	165	7,744	193	200	128	9,682	338	345	223	10,713	302	312	231
9	OC Finance	Other	100.0%	531	428	428	306	627	527	527	374	655	558	558	394	567	458	458	317
10	PFI Subsidiaries	Other	-	26,239	1,084	1,101	840	46,996	1,254	1,274	712	28,249	617	633	373	25,200	935	954	509
	Others	-	-	8,827	(152)	(107)	(302)	9,621	75	165	1,369	10,711	74	131	(32)	10,888	74	195	85
Domestic Subsidiaries total							325,278	22,351	21,166	13,932	303,199	28,684	27,641	20,666	280,063	24,027	23,183	16,078	295,170	22,098	21,848	12,342
YoY Change															(22,079)	6,332	6,475	6,733	(23,135)	(4,656)	(4,458)	(4,587)	15,106	(1,929)	(1,335)	(3,736)

Net sales in commercial departments decreased due to appliciation of the Accounting Standard for Revenue Recognition from the Fiscal Year ended March 31, 2022, but the majority of sales were in transaction within the group.
Acquired shares in the 4th Quarter of FY2022.
Obayashi Clean Energey includes its subsidiaries which run renewable energey business.

(2) Overseas Subsidiaries (PL)

（Yen in millions）

										FY2020							FY2021							FY2022				FY2023
No.	Name of company	Segment	Group equity interest	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent
11	E.W. Howell　＊4	Overseas Building	92.0%	30,450	384	388	344	32,065	86	87	73	34,237	371	384	272	56,200	134	266	174
12	Webcor　＊4	Overseas Building	100.0%	151,769	1,771	1,922	1,829	117,815	70	321	54	135,620	(1,592)	(1,493)	(1,519)	182,741	2,465	2,546	2,340
13	James E. Roberts-Obayashi　＊4	Overseas Building	51.0%	25,915	909	923	338	28,021	1,115	1,120	410	26,211	1,024	1,030	377	46,564	2,148	2,252	831
14	Kraemer　＊4	Overseas Civil	70.0%	34,789	1,464	1,499	816	40,088	2,055	2,091	1,172	49,608	2,462	2,499	1,543	56,496	2,697	3,022	2,014
15	MWH　＊4　＊5	Overseas Civil	90.4%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
16	Kenaidan　＊6	Overseas Civil	60.0%	17,022	182	212	92	14,254	675	731	347	23,987	608	695	313	29,845	(6,399)	(6,324)	(3,340)
17	Thai Obayashi	Overseas Building	50.0%	31,795	1,614	1,838	741	35,215	1,463	1,573	627	57,908	3,031	3,114	1,245	61,886	3,232	3,474	1,392
18	Jaya Obayashi	Overseas Building	85.0%	8,960	245	297	56	12,918	391	453	103	13,281	585	637	258	15,448	683	802	282
19	Taiwan Obayashi	Overseas Building	100.0%	8,099	(755)	(747)	(747)	9,685	(1,832)	(1,829)	(1,830)	12,638	(196)	(184)	(184)	15,784	327	351	351
20	Obayashi Singapore	Overseas Building	100.0%	24,288	616	754	669	50,654	1,643	1,735	1,444	47,387	2,497	2,805	2,297	55,662	4,907	5,882	4,852
21	Obayashi Vietnam	Overseas Building	100.0%	15,874	618	798	626	6,081	(241)	(126)	(102)	13,858	424	650	502	18,316	(250)	106	89
22	Obayashi Properties UK	Real Estate	100.0%	812	489	358	358	2,258	1,580	1,317	801	3,479	2,677	2,034	1,265	4,926	3,947	2,554	1,984
	Others	-	-	946	(347)	(752)	(747)	627	(59)	708	691	296	(276)	653	611	37	840	1,609	506
Domestic Subsidiaries total							350,724	7,193	7,492	4,379	349,686	6,948	8,184	3,792	418,515	11,617	12,829	6,984	543,912	14,733	16,544	11,479
YoY Change															(1,037)	(244)	691	(586)	68,828	4,668	4,644	3,191	125,396	3,116	3,715	4,494

E.W.Howell, Webcor, James E. Roberts-Obayashi, Kraemer and MWH are consolidated subsidiaries of Obayashi USA.
Acquired shares in the 3rd Quarter of FY2023.
Kenaidan is a consolidated subsidiaries of Obayashi Canada Holdings.

(3) Total Subsidiaries

(Yen in millions)

										FY2020							FY2021							FY2022				FY2023
								Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent	Net sales	Operating income	Ordinary income	Profit attributable to owners of parent
Subsidiaries total							676,003	29,544	28,659	18,311	652,885	35,632	35,826	24,459	698,578	35,645	36,012	23,063	839,082	36,832	38,393	23,821
YoY Change															(23,117)	6,088	7,166	6,147	45,692	12	186	(1,395)	140,503	1,186	2,380	758

Click here for data for the past 11 years.

Performance of principal subsidiaries（Past 11 years） （22KB）