Three-Month Consolidated Financial Reportfor the Fiscal Year Ending October 31, 2022 (Japan GAAP)
Listed Company Name
Company Code Number
Listing Exchanges
URL
Representative
Inquiries

March 4, 2022
Kanamoto Co., Ltd.
9678
Tokyo Stock Exchange, Sapporo Stock Exchange
https://www.kanamoto.co.jp
Tetsuo Kanamoto
President and CEO
Shun Hirose
Director & Corporate Officer, Division Manager,
Accounting Division
TEL 81-11-209-1600

Scheduled date for submission of Quarterly Report
Scheduled date for commencement of dividend payments
Preparation of Quarterly Settlement Supplementary Explanatory Materials
Quarterly Earnings Briefings

March 16, 2022–
No
No

(Numbers less than one million yen have been rounded down)

1. Consolidated Operating Results for the Three-Month Period of the Fiscal Year Ending October
31, 2022(November 1, 2021 – January 31, 2022)(1) Consolidated Operating Results (Cumulative)
Net Sales
Millions of yen(Percentages show the change from the prior year)

Operating Profit%

Millions of yen

Profit Attributable to
Owners of Parent

Ordinary Profit%

Millions of yen%

Millions of yen%

Fiscal year ending
October 31, 2022:
First quarter

46,730

–

3,311

-16.2

3,509

-16.0

2,072

-8.5

Fiscal year ended
October 31, 2021:
First quarter

47,660

4.9

3,953

-7.3

4,177

-4.3

2,266

-10.7

(Note) Comprehensive income (millions of yen)
Fiscal year ending October 31, 2022, First quarter
Fiscal year ended October 31, 2021, First quarter

Earnings per
Share2,636 (-19.7%)
3,281(8.4%)

Earnings per
Share on a Fully
Diluted Basis

Yen

Yen

Fiscal year ending
October 31, 2022:
First quarter

55.04

–

Fiscal year ended
October 31, 2021:
First quarter

59.95

–

(Notes)1. The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020),
etc. from the beginning of the first quarter of the fiscal year ending October 31, 2022, and the figures for the firstquarter of the fiscal year ending October 31, 2022 are figures after the application of the said accounting standard.
As such, the change in net sales from the same period of the previous year is not shown.
2. In the previous fiscal year, the Company finalized the provisional accounting treatment for business combinations,and the figures for the first quarter of the fiscal year ended October 31, 2021 reflect the finalized content of theprovisional accounting treatment.

(2) Consolidated Financial Position
Total Assets

Net Assets

Equity Ratio

Millions of yen

Millions of yen%

As of January 31,
2022

300,153

135,052

42.3

As of October 31,
2021

303,754

134,917

41.8(Reference) Equity (millions of yen)
As of January 31, 2022
As of October 31, 2021

126,897
126,956 1 

(Note) The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020), etc.
from the beginning of the first quarter of the fiscal year ending October 31, 2022, and the figures for the first quarter of the
fiscal year ending October 31, 2022 are figures after the application of the said accounting standard.

2. Dividends
Annual Dividends per Share
End offirst quarterEnd ofsecond quarter

Yen

Fiscal year ended October 31,
2021–

Fiscal year ending October 31,
2022–

End ofthird quarter

Yen

Fiscal year ending October 31,
2022 (projected)

Year-end

Yen

Full-year
Yen

Yen

25.00

–

45.00

70.00

35.00

–

40.00

75.00

(Note) Has the Company revised its most recently released dividend projection?: No

3. Projected Consolidated Operating Results for the Fiscal Year Ending October 31, 2022
(November 1, 2021 – October 31, 2022)(Percentages show the change from the prior year)
Net Sales
Millions of yen

Operating Profit% Millions of yen

Profit Attributable to
Owners of Parent

Ordinary Profit% Millions of yen% Millions of yen%

Earnings per
Share
Yen

Interim period

95,500

–

8,200

1.7

8,300

-3.8

5,100

3.1

135.42

Full year

191,100–

15,6006.7

15,800

2.7

9,700

8.9

257.56(Notes)

1. Has the Company revised its most recently released projected consolidated operating results during the quarter?: No
2. As the Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31,2020), etc. from the beginning of the fiscal year ending October 31, 2022, the above projected consolidated operating
results are after the application of the said accounting standard. As a result, the percentages for net sales for theprevious fiscal year and the same period of the previous year are not shown.

 2 

Notes(1) Changes in material subsidiaries during the period under review (Changes in specific subsidiaries in
conjunction with a change in the scope of consolidation): No(2) Application of special accounting method in the preparation of quarterly consolidated financial
statements: No(3) Changes in accounting principles, changes in accounting estimates and retrospective restatements(a) Changes in accounting policy in conjunction with revision of accounting standards: Yes(b) Changes other than the above: No(c) Changes in accounting estimates: No(d) Retrospective restatements: No(Note) For details, please refer to “2. Quarterly Consolidated Financial Statements and Significant Notes
Thereto (3) Notes Concerning Quarterly Consolidated Financial Statements (Changes in Accounting
Policies)” on page 11 of the Attachments.
(4) Number of shares issued (common shares)(a) Number of shares outstanding at the end of the period (including treasury shares)
As of January 31, 2022:
38,742,241 shares
As of October 31, 2021:
38,742,241 shares(b) Number of treasury shares at the end of the period
As of January 31, 2022:
1,255,165 shares
As of October 31, 2021:
924,846 shares(c) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal
year)
Fiscal year ending October 31, 2022: First quarter:
37,660,982 sharesFiscal year ended October 31, 2021: First quarter:
37,803,099 shares
Note: Quarterly earnings reports are not subject to quarterly review by certified public accountants or
independent account auditors.
Note: Explanation concerning appropriate use of the projected operating results and other items to note
(Note concerning forward-looking statements)
The forward-looking statements, including business results forecasts, contained in these materials are
based on information currently available to the Company and on certain assumptions deemed to bereasonable. The Company does not guarantee the achievement of the projections. Actual operating
results may differ substantially due to a number of factors. Please refer to “1. Qualitative Information
Concerning Quarterly Consolidated Operating Results (3) Explanation Concerning Future Forecasts
Including Projected Consolidated Operating Results” on page 6 of the Attachments for the conditions
used as assumptions for the projected operating results and matters to note before using the projected
operating results.

 3 

○Attachments Table of Contents
1. Qualitative Information Concerning Quarterly Consolidated Operating Results ..................................5(1) Qualitative Information Concerning Consolidated Operating Results ...........................................5(2) Qualitative Information Concerning Consolidated Financial Position ............................................6(3) Explanation Concerning Future Forecasts Including Projected Consolidated Operating Results .......6
2. Quarterly Consolidated Financial Statements and Significant Notes Thereto .....................................7(1) Quarterly Consolidated Balance Sheets ...................................................................................7(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements ofComprehensive Income ........................................................................................................9(Quarterly Consolidated Statements of Income) ...................................................................9(Consolidated Three-Month Period Ended January 31)........................................................9(Quarterly Consolidated Statements of Comprehensive Income) ........................................... 10(Consolidated Three-Month Period Ended January 31)...................................................... 10(3) Notes Concerning Quarterly Consolidated Financial Statements ............................................... 11(Notes Relating to the Going Concern Assumption) ............................................................. 11(Note on Significant Changes to Shareholders’ Equity)......................................................... 11(Changes in Accounting Policies)....................................................................................... 11(Supplemental Information) ............................................................................................. 12(Segment Information) .................................................................................................... 12

 4 

1. Qualitative Information Concerning Quarterly Consolidated Operating Results(1) Qualitative Information Concerning Consolidated Operating Results
During the three-month period under review, Japan’s economy gradually began to recover amid thecontinuing impact of COVID-19. However, the outlook remains uncertain due to concerns about the spreadof infection caused by new variants strains and the increasing downside risk from global semiconductor
supply shortages.
In the construction industry in which the Group is involved, although public sector investment remained
strong and private sector construction investment has shown signs of picking up, the situation still requires
monitoring as rising material prices and chronic shortage of skilled construction workers are becoming
increasingly more severe.
In such circumstances, to achieve the goals of its Medium-Term Corporate Management Plan “Creative60” (FY2020-2024), the Group is promoting three key measures: expansion of domestic bases for
operations, overseas expansion, and optimization of internal operations. In addition, to build a solid
revenue and stable management base for the future, the Group is committed to sustainable development
and the enhancement of corporate value through measures such as a flexible investment strategy that
responds to actual demand and the strengthening of its systems for the appropriate deployment andefficient operation of rental equipment.
For the three-month period under review, the Group reported net sales of ¥46,730 million. On theearnings front, partly due to an increase in selling, general and administrative expenses caused byinvestment in human resources in preparation for the future, operating profit decreased 16.2% from thesame period of the prior fiscal year to ¥3,311 million, ordinary profit declined 16.0% to ¥3,509 million,
and profit attributable to owners of parent decreased 8.5% to ¥2,072 million.
Please note that the Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ
Statement No. 29, March 31, 2020) and relevant ASBJ regulations from the beginning of the first quarter
under review. For details, please refer to “2. Quarterly Consolidated Financial Statements and Significant
Notes Thereto (3) Notes Concerning Quarterly Consolidated Financial Statements (Changes in Accounting
Policies).”Results for each of the Company’s business segments were as follows.
< Business related to the Construction Equipment Rental Division >In the construction-related business, which is Kanamoto’s core business, although public sector
investment including activity being carried out for Japan’s National Resilience Plan remained strong, a fullscale recovery in rental demand for construction equipment did not eventuate.
In addition, the Group is striving to strengthen its ability to respond to the fields of maintenance andrepair of social infrastructure and renewable energy, where demand is expected to increase toward therealization of a decarbonized society. The Group has also promoted business alliances to accelerate digitaltransformation, and construction DX that contributes to labor-saving and safety improvements atconstruction sites.
Used construction equipment sales decreased 40.0% year on year, as Kanamoto has carried out theextension of the rental equipment operation period as planned at the beginning of the fiscal year.
Reflecting these factors, the Group posted net sales in the construction-related businesses of ¥42,636
million, and operating profit of ¥2,901 million, a decrease of 18.3%.
< Other businesses >In the Group’s other businesses, net sales was ¥4,094 million and operating profit increased by 1.4%
year on year to ¥287 million, as the business related to the Steel Sales Division as well as the business
related to the Information Products Division and welfare-related business performed well.

 5 

(2) Qualitative Information Concerning Consolidated Financial Position
Assets, liabilities, and net assets
Total assets at the end of the first quarter under review stood at ¥300,153 million, a decrease of ¥3,601
million compared with the end of the prior fiscal year. This was primarily due to an increase of ¥3,360
million in rental equipment, while cash and deposits decreased by ¥4,288 million and “notes and accounts
receivable - trade, and contract assets” decreased by ¥3,158 million from “notes and accounts receivable- trade” at the end of the prior fiscal year.
Total liabilities were ¥165,100 million, a decrease of ¥3,736 million compared with the end of the priorfiscal year. This was primarily due to an increase of ¥2,120 million in short-term borrowings, while notes
and accounts payable - trade and income taxes payable decreased by ¥3,532 million and ¥1,848 million,
respectively.
Total net assets totaled ¥135,052 million, ¥135 million higher than at the end of the prior fiscal year.
This mainly reflects the posting of profit attributable to owners of parent of ¥2,072 million and an increaseof ¥368 million in foreign currency translation adjustment. Meanwhile, there were decreases of ¥1,701
million and ¥778 million, due to dividends of surplus and purchase of treasury shares, respectively.
(3) Explanation Concerning Future Forecasts Including Projected Consolidated Operating
Results
There is no change to the projected consolidated operating results announced in the Financial
Statements Bulletin for the Fiscal Year Ended October 31, 2021 (Japanese GAAP) on December 10, 2021.

 6 

2. Quarterly Consolidated Financial Statements and Significant Notes Thereto(1) Quarterly Consolidated Balance Sheets(Millions of yen)
As of October 31, 2021

As of January 31, 2022

56,09339,30551,804––

36,147

7,319

7,936

1,666

1,925

82

–

1,375
18,055
3,123-269
126,751

1,489
17,474
3,635-292
120,121262,239-164,193
98,046
42,680-24,656
18,024
9,764-8,141

271,453-170,047
101,406
42,707-25,017
17,6909,798-8,208

1,623

1,589

37,684
2,899-2,143756
156,135

37,6603,509-2,106
1,403
159,750

4,111
1,276
1,516
6,904

4,034
1,301
1,558
6,894

9,249
2,175
3,046
-507
13,963177,003
303,754

9,150
1,785
2,945
-494
13,386
180,032
300,153

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Notes and accounts receivable - trade,and contract assets
Electronically recorded monetary claims operating
Merchandise and finished goods
Costs on construction contracts inprogress
Raw materials and supplies
Construction machine parts
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Rental equipment
Accumulated depreciation
Rental equipment, net
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles,
net
Land
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Customer relationship
Other
Total intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets 7 

(Millions of yen)
As of October 31, 2021

As of January 31, 2022

37,082960
24
13,055
1,269
2,681
1,548
24,545
6,063
87,23033,5503,080
1213,255
1,349
833
698
24,638
4,641
82,05931,4602,888
44,486
566
588
1,501
115
81,607
168,837

32,3483,240
44,744
363
589
1,619
136
83,041
165,100

17,82919,32689,048-1,978124,226

17,82919,332
89,419-2,756
123,825

2,249

2,193

0
541
-60

-0
909
-31

2,729

3,071

7,960
134,917
303,7548,155
135,052
300,153

Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Current portion of bonds payable
Current portion of long-term borrowings
Lease obligations
Income taxes payable
Provision for bonuses
Accounts payable - other
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease obligations
Long-term accounts payable - other
Retirement benefit liability
Asset retirement obligations
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets 8 

(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements ofComprehensive Income(Quarterly Consolidated Statements of Income)(Consolidated Three-Month Period Ended January 31)(Millions of yen)Three months ended
January 31, 2021

Three months ended
January 31, 2022

47,66033,747
13,913
9,959
3,953

46,73033,006
13,724
10,412
3,311

10
65
22
57
145
301

12
72
20
18
156
280

25
7
43
77
4,177

25
7
51
83
3,509

1

5

20

6

–
21

31
43

26

31

211
238
3,960
942
459
1,401
2,559
292
2,266

4
36
3,515
735
495
1,230
2,284
211
2,072

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on cancellation of leases
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of shares of subsidiaries andassociates
Gain on revision of retirement benefit plan
Total extraordinary income
Extraordinary losses
Loss on sale and retirement of non-current
assetsLoss on valuation of investment securities
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent 9 

(Quarterly Consolidated Statements of Comprehensive Income)(Consolidated Three-Month Period Ended January 31)(Millions of yen)Three months ended
January 31, 2021

Three months ended
January 31, 2022

2,559

2,284

403

-55

0
316

-0
368

2

39

722
3,281

351
2,636

2,987

2,414

294

221

ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans,
net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent
Comprehensive income attributable to noncontrolling interests

 10 

(3) Notes Concerning Quarterly Consolidated Financial Statements(Notes Relating to the Going Concern Assumption)
The Company had no material items to report.
(Note on Significant Changes to Shareholders’ Equity)
The Company had no material items to report.
(Changes in Accounting Policies)(Application of accounting standard for revenue recognition, etc.)
The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29,
March 31, 2020) and relevant ASBJ regulations effective from the beginning of the first quarter underreview, and it has recognized revenue at the time the control of promised goods or services is transferredto the customer at the amount expected to be received upon exchange of said goods or services. The
main changes resulting from the application are as follows:(1) Change in the timing of revenue recognition
With respect to revenues from construction-related businesses and other businesses, the Grouppreviously recognized revenues from the rental of construction equipment to customers and sales of
products at the time of shipment. However, the Group now recognizes revenue at the time of delivery
when control over the rental construction equipment or goods sold is transferred to the customer.
(2) Revenue recognition for agent transactions
For certain transactions, the Group previously recognized as revenue the gross amount ofconsideration received from customers. However, for transactions in which the Group’s role in theprovision of goods or services to customers is that of an agent, the Group now recognizes revenue as
the net amount received from customers less the amount paid to suppliers.
The application of the Accounting Standard for Revenue Recognition and relevant ASBJ regulations issubject to the transitional treatment provided for in the proviso to paragraph 84 of the AccountingStandard for Revenue Recognition. The cumulative effect of the retrospective application, assuming the
new accounting policy had been applied to periods prior to the beginning of the first quarter under review
was added to or deducted from the opening balance of retained earnings of the first quarter under review,and thus the new accounting policy was applied from such opening balance; provided, however, that the
new accounting policy was not retrospectively applied to contracts for which nearly all the revenue
amounts had been recognized according to the previous treatment in periods prior to the beginning of thefirst quarter under review, by applying the method provided for in paragraph 86 of the AccountingStandard for Revenue Recognition.
As a result of this change, for the three-month period under review, net sales decreased by ¥907 million
and cost of sales decreased by ¥907 million, while operating profit, ordinary profit and profit before income
taxes each decreased by ¥0 million. In addition, the opening balance of retained earnings decreased by¥0 million.
Due to the application of the Accounting Standard for Revenue Recognition and relevant ASBJ
regulations, “Notes and accounts receivable - trade” under current assets of the consolidated balance
sheet as of the end of the prior fiscal year has been included in “Notes and accounts receivable - trade,and contract assets” under current assets from the quarterly consolidated balance sheet as of the end of
the first quarter under review. In accordance with the transitional treatment provided for in paragraph89-2 of the Accounting Standard for Revenue Recognition, figures for the prior fiscal year have not been
restated in accordance with the new approach to presentation. Furthermore, the information on
disaggregation of revenue from contracts with customers during the three-month period of the prior fiscal
year has not been disclosed as allowed by the transitional treatment provided for in paragraph 28-15 of
the Accounting Standard for Quarterly Financial Reporting (ASBJ Statement No. 12, March 31, 2020).

 11 (Application of accounting standard for fair value measurement, etc.)
The Company has applied the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No.
30, July 4, 2019) and relevant ASBJ regulations from the beginning of the first quarter under review, andit has applied the new accounting policy provided for by the Accounting Standard for Fair Value
Measurement, etc. prospectively in accordance with the transitional measures provided for in paragraph
19 of the Accounting Standard for Fair Value Measurement, and paragraph 44-2 of the “AccountingStandard for Financial Instruments” (ASBJ Statement No. 10, July 4, 2019). There is no impact on thequarterly consolidated financial statements.
(Supplemental Information)(Changes to a retirement benefit plan)
NISHIKEN CO., LTD., a consolidated subsidiary of the Company, shifted from a lump-sum retirement
benefit plan to a defined contribution pension plan on January 31, 2022, except for certain eligible
employees. The accounting treatment in this transition applied “Accounting for Transfer between
Retirement Benefit Plans” (ASBJ Guidance No. 1, December 16, 2016) and “Practical Solution on
Accounting for Transfer between Retirement Benefit Plans” (ASBJ Practical Issues Task Force No. 2,
February 7, 2007). As a result, extraordinary income of ¥31 million was recorded for the three-month
period under review.
(Segment Information)I

Three-month period ended January 31, 2021 (From November 1, 2020 to January 31, 2021)
1.

Information concerning the amount of net sales and income or loss by reporting segment(Millions of yen)
Reporting segment
Business related to
the Construction
Equipment Rental
Division

Other businesses(Note)

43,2994,360

47,660–––Net sales
Net sales to outside customers
Net sales or transfers between
related segments

Total

Total
43,2994,360
47,660
Segment income
3,553
283
3,836
(Notes) 1. The “Other businesses” classification encompasses business segments notincluded in the reporting segment, and includes business related to the Steel Sales
Division and business related to the Information Products Division, welfare-related
business and other businesses.
2. The segment information for the three-month period ended January 31, 2021
reflects material changes that were made to the initial allocation of acquisition
costs as a result of finalizing the provisional accounting treatment for businesscombinations.
2.

Difference between total reporting segment income or loss and the amount reported on the Quarterly
Consolidated Statement of Income, and the main reasons for the difference (Matters Pertaining toReconciliation of Difference)(Millions of yen)
IncomeAmountReporting segment total

3,553

Income for “Other businesses” classification

283

Other adjustments
Operating profit reported on the Quarterly
Consolidated Statement of Income

116
3,953

(Note) The segment information for the three-month period ended January 31, 2021 reflects
material changes that were made to the initial allocation of acquisition costs as a resultof finalizing the provisional accounting treatment for business combinations.

 12 

II

Three-month period ended January 31, 2022 (From November 1, 2021 to January 31, 2022)
1.

Information concerning the amount of net sales and income or loss by reporting segment, andinformation on disaggregation of revenue(Millions of yen)
Reporting segment
Business related to
the Construction
Equipment Rental
Division

Other businesses(Note)

32,016

1,829

33,846

6,961

2,033

8,994

3,600

231

3,832

42,5784,094

46,672

57
42,636–
4,094

57
46,730–––42,636

4,094

46,730Total

Net sales
Rental contracts
Sales of merchandise andfinished goods
Other
Revenue from contracts withcustomers
Other revenues
Net sales to outside customers
Net sales or transfers between
related segments
Total
Segment income

2,901
287
3,189
(Note) The “Other businesses” classification encompasses business segments not included in
the reporting segment, and includes business related to the Steel Sales Division andbusiness related to the Information Products Division, welfare-related business andother businesses.
2.

Difference between total reporting segment income or loss and the amount reported on the Quarterly
Consolidated Statement of Income, and the main reasons for the difference (Matters Pertaining toReconciliation of Difference)(Millions of yen)
IncomeAmountReporting segment total

2,901

Income for “Other businesses” classification

287

Other adjustments

122

Operating profit reported on the Quarterly
Consolidated Statement of Income
3.

3,311

Matters pertaining to changes in reporting segments, etc.
As described in “Changes in Accounting Policies,” the Company has applied the “Accounting Standard
for Revenue Recognition” and relevant ASBJ regulations from the beginning of the first quarter underreview, and changed the accounting treatment for revenue recognition. Accordingly, the Company haschanged the method of measuring profit or loss of operating segments.
For the three-month period under review, as a result of this change, and compared with the figuresobtained by the previous method, net sales decreased by ¥60 million for the construction-related
businesses, and net sales and segment income decreased by ¥846 million and ¥0 million, respectively,
for other businesses.

 13 