Six-month Consolidated Financial Report for the Fiscal Year ending
October 31, 2019 [Japan GAAP]
June 7, 2019
Listed Company Name
Company Code Number
Listing Exchanges(URL
Representative
Inquiries

Kanamoto Co., Ltd.
9678
Tokyo Stock Exchange, Sapporo Stock Exchange
https://www.kanamoto.co.jp)
Tetsuo Kanamoto
President and CEO
Hiroyuki Isono
Director and Corporate Officer, Division
Manager, Accounting Division
TEL 81-11-209-1600
Please send inquiries in English to takayama@kanamoto.co.jp

Scheduled date for submission of Quarterly Report

June 13, 2019

Scheduled date for commencement of dividend payments

July 5, 2019

Preparation of Quarterly Settlement Supplementary
Explanatory Materials

Yes

Quarterly Earnings Briefings

Yes (For institutional investors and analysts)(Numbers less than one million yen have been rounded down)

1. Consolidated Operating Results for the Six-Month Period of the Fiscal Year Ending October 31, 2019
(November 1, 2018 – April 30, 2019)(1) Consolidated Operating Results (Cumulative)(Percentages show the change from the prior year)
Net Sales

Operating profit

Millions of yen%

Millions of yen%

Fiscal Year ending October 31,
91,856
7.6
11,266
2.5
2019: Second quarter
Fiscal Year ended October 31,
85,3497.8
10,99410.0
2018: Second quarter(Note) Comprehensive income (millions of yen)
Fiscal Year Ending October 31, 2019, Second Quarter 7,560 (5.4%)
Fiscal Year Ended October 31, 2018, Second Quarter 7,171 (1.7%)

Millions of yen%

Millions of yen%

11,511

3.2

7,255

7.7

11,155

8.9

6,735

4.1

Net Income per
Share on a Fully
Diluted BasisNet Income per
Share
Fiscal Year ending October 31,
2019: Second quarter
Fiscal Year ended October 31,
2018: Second quarter

Profit Attributable to
Owners of Parent

Ordinary profit

Yen

Yen

187.62－190.59－(2) Consolidated Financial Position
Total Assets

Net Assets

Millions of yen

Fiscal Year ending October 31,
268,923
2019: Second quarter
Fiscal Year ended October 31,
241,374
2018(Reference) Equity (millions of yen)
Fiscal Year Ending October 31, 2019, Second Quarter
Fiscal Year Ended October 31, 2018－

1 －Equity Ratio

Millions of yen%

118,59441.8

102,03139.6

112,400
95,6802. Dividends
Annual Dividends per Share
End of second End of third
Year-endquarterquarter

End of firstquarterFull-year

Yen

Yen

Yen

Yen

Yen

－
－

20.00
25.00

－

40.00

60.00

Fiscal Year ending October 31, 2019
(Projected)

－

40.00

65.00

(Note) Has the Company revised its most recently released dividend projection?

No

Fiscal year ended October 31, 2018
Fiscal year ending October 31, 2019

3. Projected Consolidated Operating Results for the Fiscal Year Ending October 2019
(November 1, 2018 – October 31, 2019)(Percentages show the change from the prior year)

Net Sales

Full year

Operating profit

Ordinary profit

Profit Attributableto Owners of
ParentNet Income per
ShareMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

175,700

4.5

18,4004.5

18,700

4.3

12,0001.2

310.30(Note) Has the Company revised its most recently released projected consolidated operating results during the quarter?
No

－

2 －

4. Notes(1) Changes in material subsidiaries during the period under review (Changes in specific subsidiaries in conjunction witha change in the scope of consolidation): No
Company newly included (Company name)─
Company newly excluded (Company name)─(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:
No(b) Changes other than the above:No(c) Changes in accounting estimates:(d) Retrospective restatements:

NoNo(4) Number of shares issued (common shares)(a) Number of shares outstanding at the end of the period (including treasury shares)
Fiscal year ending October 31, 2019 Second Quarter:
38,742,241 sharesFiscal year ended October 31, 2018:36,092,241 shares(b) Number of shares of treasury stock at the end of the period
Fiscal year ending October 31, 2019 Second Quarter:
3,209 sharesFiscal year ended October 31, 2018:753,183 shares(c) Average number of shares during the period (consolidated year-to-date)Fiscal year ending October 31, 2019 Second Quarter:
38,672,755 sharesFiscal year ended October 31, 2018 Second Quarter:
35,339,047 shares

Note: Quarterly earnings reports are not subject to quarterly review by certified public accountants or independent accountauditors.
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 be reasonable. The Company
does not guarantee the achievement of the projections. Actual operating results may differ substantially due to anumber 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 7 of the
Attachments for the conditions used as assumptions for the projected operating results and matters to note before
using the projected operating results.
Procedure for obtaining the Quarterly Settlement Supplementary Explanatory Materials and Quarterly Earnings Briefing
The Company plans to hold a briefing for institutional investors and analysts on Monday, June 10, 2019.
Following the briefing, the Company will upload the briefing highlights and discussion (voice recording) on the
Company’s website as quickly as possible, together with the Quarterly Earnings Briefing materials used that day.

－3 －

〇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 …………….

7

2. Quarterly Consolidated Financial Statements and Notes …………………………………………………………….

8(1) Quarterly Consolidated Balance Sheets ……………………………………………………………………………
(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
Income ………………………………………………………………………………………………………………….
Quarterly Consolidated Statements of Income

810Consolidated Interim Period Ended April 30 ……………………………………………………….……….

10

Quarterly Consolidated Statements of Comprehensive Income
Consolidated Interim Period Ended April 30 ……………………………………………………….……….

11(3) Quarterly Consolidated Statements of Cash Flows ……………………………………………………………….

12(4) Notes Concerning Quarterly Consolidated Financial Statements ……………………………………………….

14(Notes Relating to the Going Concern Assumption) ………………………………………………………………

14(Notes on Significant Changes in Shareholders’ Equity) …………………………………………………………

14(Supplemental Information) …………………………………………………………………………………………

14(Business Segment Information) ……………………………………………………………………………………

15

－

4 －

1. Qualitative Information Concerning Quarterly Consolidated Operating Results(1) Qualitative Information Concerning Consolidated Operating Results
During the first two quarters of Kanamoto’s current consolidated fiscal year, Japan’s economy maintained its
gradual recovery trend as corporate operating results and the employment and income environment continued to
improve. Nevertheless, conditions that warrant close attention persisted, including concerns over the effects
trade friction between the U.S. and China and the UK’s impending withdrawal from the European Union will haveon the global economy.
In the construction industry related to the Kanamoto Group, construction demand remained brisk, supported bypublic works spending, private sector capital outlays on maintenance and upgrades and labor-saving
enhancements against the backdrop of strong corporate earnings, and redevelopment projects centered in theTokyo metropolitan area. At the same time, however, conditions that should be monitored carefully, including asteep rise in construction costs and the supply-demand picture for skilled labor, lingered as well.
Given such circumstances, as it began the final fiscal year of its “BULL55” long-term vision (fiscal 2015 - fiscal
2019) the Kanamoto Group worked together to lay a foundation for sustainable growth. This included efforts to
expand the Group’s domestic base of operations during this five-year period by establishing 29 new branches at
Kanamoto itself and increasing the number of alliance group bases by 157 locations through M&A and businesstie-ups, pursuing overseas business by developing offices in seven countries, and boosting equipment utilization
ratios through optimum placement of rental equipment using the new systems introduced last year and throughlabor saving and efficiency improvements, all with the objective of creating lasting corporate value based on
Kanamoto’s three priority policies of “expansion of domestic base of operations”, “overseas development” and“optimization of internal operational processes”.
Consolidated net sales for the interim period were ¥91,856 million, up 7.6% compared with the same period of
the previous consolidated fiscal year. In terms of earnings, operating income increased 2.5% from the same
period of the previous consolidated fiscal year to ¥11,266 million, ordinary income increased 3.2% year-on-yearto ¥11,511 million, and interim period profit attributable to owners of parent rose 7.7% year-on-year to ¥7,255
million.
Operating 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 that is Kanamoto’s primary business, reconstruction demand in the Tohoku
Region exhibited a declining trend. In major metropolitan areas, however, large-scale projects such as
infrastructure maintenance related to the Tokyo Olympics and redevelopment projects are being planned, while
full-scale work on disaster recovery and restoration works in Hokkaido, Kyushu, and western Japan is underway
as well, and construction equipment demand rental as a whole remained brisk.
Used construction equipment sales rose 17.9% from the corresponding period of the previous consolidated
fiscal year, as Kanamoto methodically sold rental equipment it has operated for a certain number of years, inorder to maintain an appropriate asset portfolio structure.
As a result of the above factors, net sales for Kanamoto’s construction-related businesses increased 7.6%
from the same period of the previous consolidated fiscal year to ¥82,602 million, and operating income edged up
1.9% year-on-year to ¥10,550 million.
< Other businesses >In the Company’s other businesses, steel products-related sales, information and telecommunications-related
sales and sales from welfare-related business all expanded steadily. Net sales rose 8.0% from the same periodof the previous consolidated fiscal year to ¥9,253 million, and operating income increased 13.7% year-on-year to¥505 million.

－

5 －(2) Qualitative Information Concerning Consolidated Financial Position
Assets, liabilities and net assets
Total assets at the end of the interim period under review increased by ¥27,549 million compared with the endof the prior consolidated fiscal year to ¥268,923 million. This change mainly reflected an increase of ¥14,230
million in cash and deposits, an increase of ¥6,764 million in rental equipment and an increase of ¥3,929 million
in notes and accounts receivable-trade, respectively.
Total liabilities were ¥150,328 million, an increase of ¥10,985 million compared with the end of the priorconsolidated fiscal year. The principal items contributing to this change were an increase of ¥7,640 million innotes and accounts payable-trade and an increase of ¥4,922 million in long-term accounts payable-other,respectively, and a decrease of ¥4,724 in long-term loans payable.
Total net assets came to ¥118,594 million, ¥16,563 million higher than at the end of the prior consolidated
fiscal year. This mainly reflected increases of ¥8,353 million from the issuance of new shares by way of a public
offering and third-party allotment and an increase of ¥2,364 million from the disposal of treasury stock by way ofa public offering, respectively, profit attributable to owners of parent for the interim period of ¥7,255 million, and adecrease of ¥1,413 million for dividends from surplus.
Beginning from the first quarter of the current consolidated fiscal year, the Company will apply the Partial
Amendments to Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan
Accounting Standard Statement No. 28 dated February 16, 2018) and its related guidance, and the comparisonof financial position has been made using retroactively adjusted numerical figures for the end of the priorconsolidated fiscal year.

－

6 －Consolidated cash flows
Cash and cash equivalents (“cash”) at the end of the consolidated interim period increased by ¥14,230 million
compared with the end of the prior consolidated fiscal year to ¥50,963 million. Cash flows for the consolidated
interim period under review are discussed below.
(Cash flows from operating activities)
Cash flow generated from operating activities increased 12.4% from the same period of the prior consolidated
fiscal year to ¥25,528 million.
This mainly reflected income before income taxes and minority interests of ¥11,501 million and depreciation
and amortization of ¥13,462 million, respectively, an increase of ¥7,002 million in notes and accounts payable trade, expenditure by the assets acquisition for rentals of ¥2,520 million and income taxes paid of ¥1,673 million,
respectively, and a decrease of ¥4,361 million in notes and accounts receivable - trade.
(Cash flows from investing activities)
Cash flow used in investing activities was ¥1,649 million, compared with cash flow used in investing activities
in the interim period of the prior consolidated fiscal year of ¥4,562 million.
This mainly reflected the purchase of property, plant and equipment of ¥1,433 million.
(Cash flows from financing activities)
Cash flow used in financing activities was ¥10,038 million, compared with cash flow used in financing activities
in the prior consolidated fiscal year of ¥13,250 million.
This mainly reflected proceeds from issuance of stock of ¥8,353 million and ¥2,364 million from sale oftreasury stock, respectively, repayments of installment payables of ¥12,295 million, repayments of long-termloans payable of ¥6,684 million and cash dividends paid of ¥1,411 million, respectively.
(3) Explanation Concerning Future Forecasts Including Projected Consolidated Operating Results
There are no revisions to the full-year projected operating results that the Company announced in the Financial
Statements Bulletin for the Fiscal Year Ended October 31, 2018 (Japan GAAP) released on December 7, 2018.

－7 －2. Quarterly Consolidated Financial Statements and Notes(1) Quarterly Consolidated Balance Sheets(Unit: Millions of yen)
As of October 31, 2018
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims operating
Securities
Merchandise and finished goods
Costs on uncompleted construction contracts
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
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－

8 －As of April 30, 2019

36,79336,73651,023
40,665

5,091

6,123

200
765
55
651
14,652
1,710−208
96,448

200
1,365
30
832
15,5372,161−203
117,736

203,519−127,242
76,27735,531−20,859
14,671
7,643−6,333
1,309
36,5662,227−1,544682
129,508

211,785−128,744
83,04135,903−21,486
14,416
7,562−6,267
1,295
36,9702,954−1,611
1,342
137,066

343
1,236
1,580

272
1,289
1,562

9,989
856
3,367
−375
13,837
144,926
241,374

8,515
1,186
3,278
−422
12,558151,186
268,923

(Unit: Millions of yen)
As of October 31, 2018
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Current portion of long-term loans payable
Lease obligations
Income taxes payable
Provision for bonuses
Accounts payable - other
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Lease obligations
Long-term accounts payable - other
Net defined benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
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－

9 －As of April 30, 201930,695
1,146
12,825
945
1,929
1,136
22,8392,749
74,26738,336
1,280
11,939
903
4,096
1,307
23,661
3,432
84,95723,087
1,684
39,591261
449－
65,075
139,342

18,363
1,721
44,514260
453
57
65,370150,328

13,652
14,91667,086−2,12993,526

17,82919,27673,432−9
110,529

2,148

1,898

0
－
5

−0
−33
4

2,153

1,870

6,351
102,031
241,374

6,194
118,594
268,923

(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income(Quarterly Consolidated Statements of Income)(Consolidated Interim Period Ended April 30)(Unit: Millions of yen)Six months endedApril 30, 2018
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rent income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Share issuance cost
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Subsidy income
Gain on sales of investment securities
Total extraordinary income
Extraordinary losses
Loss on sales and retirement of non-current assets
Loss on valuation of shares of subsidiaries and associates
Loss on sales of investment securities
Loss 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

－

10 －

Six months endedApril 30, 201985,34958,052
27,297
16,303
10,99491,856
63,35028,505
17,23911,266

9
64
43
259
376

12
64
40
322
441

57
34
－
124
215
11,155

46
0
46
102
195
11,511

0
12
0
12

26
19
14
61

32
－
157
44
234
10,933
3,724
−86
3,637
7,296
561
6,735

67
3
－
－
70
11,501
3,819
−162
3,657
7,844
588
7,255

(Quarterly Consolidated Statements of Comprehensive Income)(Consolidated Interim Period Ended April 30)(Unit: Millions of yen)Six months endedApril 30, 2018
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
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 to owners of parent
Comprehensive income attributable to non-controllinginterests－

11 －Six months endedApril 30, 2019

7,296

7,844

−127
−0
4
−0
−124
7,171

−250
−0
−33
−0
−284
7,560

6,616

6,972

555

587

(3) Quarterly Consolidated Statements of Cash Flows(Unit: Millions of yen)Six months endedApril 30, 2018
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Loss (gain) on sales and retirement of non-current assets
The amount of cost price transfer with asset sell-off forrentals
Expenditure by the construction equipment and supplies
Expenditure by the assets acquisition for rentals
Loss (gain) on valuation of investment securities
Loss (gain) on sales of investment securities
Loss on valuation of shares of subsidiaries and associates
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in net defined benefit liability
Interest and dividend income
Assets buy on the installment plan purchase payment
interest for rentals
Interest expenses
Foreign exchange losses (gains)
Decrease (increase) in notes and accounts receivable –trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable –trade
Increase (decrease) in accounts payable – other
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of shares of subsidiaries
Purchase of shares of subsidiaries and associates
Payments of loans receivableCollection of loans receivableCollection of long-term accounts receivable-other
Other, net
Net cash provided by (used in) investing activities

－

12 －

Six months endedApril 30, 201910,933
12,48771
31

11,501
13,462
71
41

1,151

516

−584
−2,603
44
157
－
59
129
−8
−73

−434
−2,520
－
−14
3
36
159
−1
−77

157

169

57
2

46
−32

−1,765−4,361

−890

−391

5,484

7,002

1,364
−369
25,83869−213−2,97622,716

1,675
490
27,34469−212−1,67325,528−190
190−2,6020−227−4
1−1,393
−99
−345
81
－
23
−4,562−190
190−1,433
27
−185
−4
23
−161
－
－
33
40
10
−1,649(Unit: Millions of yen)Six months endedApril 30, 2018
Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Repayments of installment payables
Repayments of lease obligations
Proceeds from issuance of common shares
Proceeds from sales of treasury shares
Purchase of treasury shares
Cash dividends paid
Dividends paid to non-controlling interests
Payments from changes in ownership interests in
subsidiaries that do not result in change in scope of
consolidation
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents from newly
consolidated subsidiary
Cash and cash equivalents at end of period

－

13 －

Six months endedApril 30, 2019

−223
7,600
−6,760−12,031−576－－－−1,235
−22

−95
1,060
−6,684−12,295
−523
8,353
2,364
−0
−1,411
−22

－

−783

0
−13,250−0
4,903
35,160－−10,038−0
13,84036,733－390

40,06350,963

(4) 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)
At its Board of Directors meeting held on November 12, 2018, the Company resolved to issue new shares by wayof public offering and third-party allotment, dispose of treasury shares by way of public offering, and conduct asecondary offering of the Company’s shares, and to issue 2,250,000 new shares of common stock by way of public
offering with a payment date of November 28, 2018 to increase the capital stock and capital surplus of the Company
by ¥3,546 million, respectively, and dispose of 750,000 shares of treasury stock shares by way of public offering todecrease treasury shares by ¥2,120 million and increase capital surplus by ¥243 million. The delivery of 450,000
secondary offering shares of the Company’s stock was completed on November 29, 2018 and the capital stock andcapital surplus of the Company were increased by ¥630 million, respectively, through the issuance of 400,000 newshares by way of third-party allotment for which the payment date was December 19, 2018.
As a result, as of April 30, 2019 the Company’s capital stock was ¥17,829 million, its capital surplus was ¥19,276
million and treasury shares were –¥9 million.
(Changes to Material Subsidiaries during the Consolidated Period under Review)
The Company had no material items to report.
Although not a change corresponding to changes in specific subsidiaries, beginning from the first quarter of thecurrent consolidated fiscal year the Company will include KG Flowtechno Co., Ltd. and KANAMOTO (CHINA)INVESTMENT CO., LTD., two non-consolidated subsidiaries, within the scope of consolidation because their material
importance increased in the prior consolidated fiscal year.
(Supplemental Information)(Application of the Partial Amendments to Accounting Standard for Tax Effect Accounting. etc.)
Beginning from the first quarter of the current consolidated fiscal year, the Company will apply the Partial
Amendments to Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan AccountingStandard Statement No. 28 dated February 16, 2018) and its related guidance and has included deferred tax assets
in the category “investments and other assets”.

－

14 －

(Business Segment Information)
I Interim period of the prior consolidated fiscal year (From November 1, 2017 to April 30, 2018)
1. Information concerning net sales and profit or loss by reporting segment(Unit: Millions of yen)
Reporting segment
Business related to the Other Businesses
Total(See note)
Construction Equipment
Rental Division
Net sales
Net sales to outside customers
Net sales or transfers between
related segments
Total
Segment profit

76,782

8,567

85,349－－－76,782

8,567

85,34910,355444

10,800(Note) The “Other businesses” classification encompasses business segments not included in the reporting
segment, and includes business related to the Steel Sales Division and the Information Products
Division, welfare-related businesses, and other businesses.
2. Difference between total reporting segment profit or loss and the amount reported on the Quarterly
Consolidated Statements of Income, and the main reasons for the difference (Matters Pertaining toReconciliation of Difference)(Unit: Millions of yen)
IncomeAmountReporting segment total

10,355

Income for “Other businesses” classification

444

Other adjustments

194

Operating profit reported on the Consolidated
Quarterly Statements of Income
3. Information concerning fixed asset impairment loss and goodwill by reporting segment
The Company had no material items to report.

－

15 －

10,994

II

Interim period of the current consolidated fiscal year (From November 1, 2018 to April 30, 2019)
1. Information concerning net sales and profit or loss by reporting segment(Unit: Millions of yen)
Reporting segment
Business related to the Other Businesses
Total(See note)
Construction Equipment
Rental Division
Net sales
Net sales to outside customers
Net sales or transfers between
related segments
Total
Segment profit

82,602

9,253

91,856－－－

82,602

9,253

91,856

10,550505

11,056(Note) The “Other businesses” classification encompasses business segments not included in the reporting
segment, and includes business related to the Steel Sales Division and the Information Products
Division, welfare-related businesses, and other businesses.
2. Difference between total reporting segment profit or loss and the amount reported on the Quarterly
Consolidated Statements of Income, and the main reasons for the difference (Matters Pertaining toReconciliation of Difference)(Unit: Millions of yen)
IncomeAmountReporting segment total

10,550

Income for “Other businesses” classification

505

Other adjustments

209

Operating profit reported on the Consolidated
Quarterly Statements of Income
3. Information concerning fixed asset impairment loss and goodwill by reporting segment
The Company had no material items to report.

－

16 －

11,266