MIRAIT ONE : Supplementary Financial Information for the Fiscal year Ended March 31, 2024

Supplementary Financial Information for the Fiscal year Ended March 31, 2024

May 13, 2024

MIRAIT ONE Corporation

１．Financial Results

	FYE March 2023		FYE March 2024
Units: bil. yen	Full-year Results	Full-year Results	YoY Change
	(a)	(b)	Amount (b) - (a)	% (b)／(a)

	Orders received	498.2	549.0	+50.8	+10.2%
	※1 [515.9]	[+17.7]	[+3.6%]
	Net sales	484.0	518.3	+34.3	+7.1%
	※1 [505.3]	[+21.3]	[+4.4%]
	Gross profit	60.5	61.7	+1.2	+2.0%
	(Gross profit margin)	(12.5%)	(11.9%)	(-0.6p)
	SG&A	38.7	43.9	+5.2	+13.4%
	(SG&A ratio)	(8.0%)	(8.5%)	(+0.5p)
	Operating income	21.8	17.8	-4.0	-18.3%
	(Operating income ratio)	(4.5%)	(3.4%)	(-1.1p)
	※2 EBITDA	31.2	28.0	-3.2	-10.3%
	(EBITDA ratio)	(6.4%)	(5.4%)	(-1.0p)
	Ordinary income	22.3	18.6	-3.7	-16.6%
	(Ordinary income ratio)	(4.6%)	(3.6%)	(-1.0p)
	Profit attributable to	14.7	12.5	-2.2
	owners of parent	-15.0%
	(3.0%)	(2.4%)	(-0.6p)
	(Profit margin)
	Construction account	222.7	253.4	+30.7	+13.8%
	carried forward
※1 The figures in [ ] represent values excluding the results of Kokusai Kogyo Co., Ltd
※2 EBITDA ： Operating income + Depreciation and amortization + goodwill amortization

FYE March 2025

Full-year Forecast	YoY Change
(c)	Amount (c) - (b)	% (c)／(b)
580.0	+31.0	+5.6%
570.0	51.7	+10.0%

83.0 +21.3

+34.5%

(14.6%)

(+2.7p)

56.0 +12.1

+27.6%

(9.8%)

(+1.3p)

27.0 +9.2

+51.7%

(4.7%)

(+1.3p)

40.0 +12.0

+42.9%

(7.0%)

(+1.6p)

28.0 +9.4

+50.5%

(4.9%)

(+1.3p)

18.0 +5.5

(3.2%)	(+0.8p)	+44.0%
―	―	―

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２．Orders Received, Net Sales by business segment

	Orders received	FYE March 2023		FYE March 2024					FYE March 2025
	Full-year Results	Full-year Results	YoY Change			Full-year Forecast	YoY Change
	Units : bil. Yen
	(a)	(b)	Amount (b) - (a)	% (b)／(a)		(c)	Amount (c) - (b)	% (c)／(b)
Corporate/Environmental	259.1	315.2	+56.1		+21.7%		368.5	+53.3	+16.9%
and social infrastructure domain
	Environmental & social	116.3	174.5	+58.2		+50.0%		227.0	+52.5	+30.1%
	innovation business		※1[141.4]	[+25.1]		[+21.6%]
	ICT solution business	142.8	140.7	-2.1		-1.5%		141.5	+0.8	+0.6%
Telecommunications	239.1	233.8	-5.3		-2.2%		211.5	-22.3	-9.5%
infrastructure domain
	NTT business	184.5	189.2	+4.7		+2.5%		174.5	-14.7	-7.8%
	Multi-carrier business	54.6	44.6	-10.0		-18.3%		37.0	-7.6	-17.0%
	Total	498.2	549.0	+50.8		+10.2%		580.0	+31.0	+5.6%

Orders received (※2MIRAI (future) domains) ％

MIRAI domains composition ratio

FYE March 2024 Full-year Results

3 8 ％

FYE March 2025 Full-year Forecast

4 5 %

	Net sales	FYE March 2023		FYE March 2024					FYE March 2025
	Full-year Results	Full-year Results	YoY Change			Full-year Forecast	YoY Change
	Units : bil. Yen
	(a)	(b)	Amount (b) - (a)	% (b)／(a)		(c)	Amount (c) - (b)	% (c)／(b)
Corporate/Environmental	239.8	286.9	+47.1		+19.6%		351.0	+64.1	+22.3%
and social infrastructure domain
	Environmental & social	112.0	143.8	+31.8		+28.4%		208.5	+64.7	+45.0%
	innovation business	※1[130.8]	[+18.8]		[+16.8%]
	ICT solution business	127.8	143.1	+15.3		+12.0%		142.5	-0.6	-0.4%
Telecommunications	244.2	231.4	-12.8		-5.2%		219.0	-12.4	-5.4%
infrastructure domain
	NTT business	184.3	181.8	-2.5		-1.4%		175.5	-6.3	-3.5%
	Multi-carrier business	59.9	49.6	-10.3		-17.2%		43.5	-6.1	-12.3%
	Total	484.0	518.3	+34.3		+7.1%		570.0	+51.7	+10.0%

Net sales (※2MIRAI (future) domains) ％

MIRAI domains composition ratio

FYE March 2024 Full-year Results

3 5 ％

FYE March 2025 Full-year Forecast

4 3 %

※1 The figures in [ ] represent values excluding the results of Kokusai Kogyo Co., Ltd
※2 MIRAI (future) domains：We are working on growth fields that we should focus on in the future ( ① Urban and regional development, corporate Dx and GX business,	2
②Green energy business, ③Software business, and ④Global business ) as "MIRAI (future) domains."

3．Construction account carried forward by business segment

Construction account	FYE March 2023		FYE March 2024
carried forward	Full-year	Full-year		YoY Change
Units:bil. Yen	Results	Results		Amount (b) - (a)	% (b)／(a)
(a)	(b)
Corporate/Environmental	142.9		171.2	+28.3	+19.8%
and social infrastructure domain

Environmental & social	101.4	132.1	+30.7	+30.3%
innovation business
ICT solution business	41.5	39.1	-2.4	-5.8%
Telecommunications	79.8	82.2	+2.4	+3.0%
infrastructure domain
NTT business	49.9	57.3	+7.4	+14.8%
Multi-carrier business	29.9	24.9	-5.0	-16.7%
Total	222.7	253.4	+30.7	+13.8%

We have released on our website the "Action to implement management that is conscious of cost of capital and stock price", as requested by the Tokyo Stock Exchange.

(https://ir.mirait-one.com/en/realizing/index.html)

4．Gross profit by business segment

Gross profit	FYE March 2023		FYE March 2024
Full-year	Full-year
（Gross profit margin）	YoY Change

Units:bil. Yen	Results	Results
(a)	(b)	Amount (b) - (a)	% (b)／(a)
Environmental & social	10.6	14.3	+3.7	+34.9%
innovation business	(9.5%)	(9.9%)	(+0.4p)
ICT solution business	18.1	16.4	-1.7	-9.4%
(14.2%)	(11.5%)	(-2.7p)
Telecommunications	31.8	31.0	-0.8	-2.5%
infrastructure domain	(13.0%)	(13.4%)	(+0.4p)
Total	60.5	61.7	+1.2	+2.0%
(12.5%)	(11.9%)	(-0.6p)

FYE March 2025

Full-year Results	YoY Change
(c)
Amount (c) - (a)	% (c)／(b)

29.0 +14.7

+102.8%

(13.9%)

(+4.0p)

23.0 +6.6

+40.2%

(16.1%)

(+4.6p)

31.0 +0.0

ー

(14.2%)

(+0.8p)

83.0 +21.3

+34.5%

(14.6%)

(+2.7p)

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Precautionary Statement

Statements and quotes relevant to the forecasted values in this handout are the future prospects based on the plans and prospects of the Company at this point in time.

The actual business results could be significantly different from those stated in this handout due to changes in conditions.

As such, please be advised that we will not be able to guarantee the accuracy of the forecasted values, in this handout and the session, over the period of time to come in the future.

MIRAIT ONE Corporation

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