| Assets | — | — |
| Current assets | — | — |
| Cash and deposits | 390,559a | 293,152a |
| Notes receivable, accounts receivable from completed construction contracts and other | 211,114a | 176,466a |
| Costs on construction contracts in progress | 14,127a | 17,351a |
| Buildings for sale | 1,068,926a | 774,297a |
| Land for sale in lots | 1,374,237a | 856,404a |
| Undeveloped land for sale | 396,123a | 233,197a |
| Other inventories | 12,164a | 12,474a |
| Other | 245,867a | 134,627a |
| Allowance for doubtful accounts | -1,013a | -1,026a |
| Total current assets | 3,712,106a | 2,496,947a |
| Non-current assets | — | — |
| Property, plant and equipment | — | — |
| Buildings and structures | 346,487a | 321,467a |
| Machinery, equipment and vehicles | 76,430a | 73,927a |
| Tools, furniture and fixtures | 47,408a | 40,740a |
| Land | 258,559a | 252,548a |
| Leased assets | 27,826a | 23,313a |
| Construction in progress | 45,976a | 52,173a |
| Other | 5,855a | 0a |
| Accumulated depreciation | -274,304a | -267,916a |
| Total property, plant and equipment | 534,240a | 496,253a |
| Intangible assets | — | — |
| Goodwill | 134,217a | 17,808a |
| Industrial property | 57,903a | 3,032a |
| Leasehold interests in land | 2,986a | 2,057a |
| Software | 25,198a | 15,779a |
| Right to use facilities | 130a | 145a |
| Telephone subscription right | 238a | 238a |
| Other | 1,199a | 1,326a |
| Total intangible assets | 221,873a | 40,388a |
| Investments and other assets | — | — |
| Investment securities | 205,632a | 198,437a |
| Long-term loans receivable | 13,656a | 3,971a |
| Retirement benefit asset | 46,749a | 35,440a |
| Deferred tax assets | 10,643a | 20,242a |
| Other | 64,994a | 62,989a |
| Allowance for doubtful accounts | -1,047a | -1,872a |
| Total investments and other assets | 340,628a | 319,208a |
| Total non-current assets | 1,096,742a | 855,851a |
| Total assets | 4,808,848a | 3,352,798a |
| Liabilities | — | — |
| Current liabilities | — | — |
| Notes payable, accounts payable for construction contracts | 195,028a | 134,026a |
| Electronically recorded obligations-operating | 79,360a | 103,266a |
| Short-term bonds payable | 40,000a | 0a |
| Short-term borrowings | 477,840a | 440,075a |
| Current portion of bonds payable | 8a | 16a |
| Current portion of long-term borrowings | 252,793a | 21,611a |
| Income taxes payable | 44,652a | 39,777a |
| Advances received on construction contracts in progress | 220,645a | 210,030a |
| Provision for bonuses | 39,706a | 36,699a |
| Provision for bonuses for directors (and other officers) | 6,675a | 2,553a |
| Provision for warranties for completed construction | 14,073a | 6,152a |
| Other | 184,863a | 143,827a |
| Total current liabilities | 1,555,648a | 1,138,038a |
| Non-current liabilities | — | — |
| Bonds payable | 620,121a | 50,008a |
| Long-term borrowings | 456,321a | 239,089a |
| Long-term leasehold and guarantee deposits received | 52,626a | 58,659a |
| Deferred tax liabilities | 13,443a | 6,111a |
| Provision for retirement benefits for Directors (and other officers) | 862a | 707a |
| Retirement benefit liability | 31,632a | 30,716a |
| Other | 59,593a | 35,415a |
| Total non-current liabilities | 1,234,601a | 420,707a |
| Total liabilities | 2,790,249a | 1,558,745a |
| Net assets | — | — |
| Shareholders’ equity | — | — |
| Share capital | 203,094a | 202,854a |
| Capital surplus | 260,297a | 260,126a |
| Retained earnings | 1,266,985a | 1,132,275a |
| Treasury shares | -40,957a | -40,979a |
| Total shareholders’ equity | 1,689,420a | 1,554,276a |
| Accumulated other comprehensive income | — | — |
| Valuation difference on available-for-sale securities | 35,610a | 44,597a |
| Deferred gains or losses on hedges | -123a | 0a |
| Foreign currency translation adjustment | 215,217a | 132,895a |
| Remeasurements of defined benefit plans | 22,075a | 22,816a |
| Total accumulated other comprehensive income | 272,779a | 200,309a |
| Share acquisition rights | 87a | 100a |
| Non-controlling interests | 56,311a | 39,366a |
| Total net assets | 2,018,599a | 1,794,052a |
| Total liabilities and net assets | 4,808,848a | 3,352,798a |