Notification Concerning Revision of Projected Operating
Results for the Business Period Ending October 20132013/05/31 in Japan | Page 1/2

Friday, May 31, 2013

For Immediate Release
Kanamoto Company, Limited
Stock Code 9678
Tokyo Stock Exchange 1st Section; Sapporo Stock Exchange
Kanchu Kanamoto
President and CEO< Contact for inquiries concerning this material >Yuichi Takayama
Manager, Investor and Public Relations, Office of the President
Telephone: + 81–11–209–1631

Notification Concerning Revision of Projected Operating
Results for the Business Period Ending October 2013
Kanamoto Company, Limited, Japan’s leading construction equipment rental company, has made the following
revisions to its projected consolidated and non-consolidated operating results for the fiscal year ending October 31,
2013 (November 1, 2012 - October 31, 2013) released on December 7, 2012. Details are provided below.

1. Revised projection of consolidated operating results for the Business Period ending October 2013
Interim period (November 1, 2012 - April 30, 2013)(Unit: Millions of yen)
Operating
Ordinary
incomeRevenues
Net income Net
incomeincomeper share
Prior projection(A)

51,2404,580

4 , 11 0

1,970

60.00

Revised projection(B)54,730

6,750

6,710

3,710

11 3 . 0 0

Increase/decrease

(B－A)

3,490

2,170

2,600

1,740

―

(%)

6.8%

47.4%

63.3%

88.3%

―

40,012

3,554

3,297

1,776

54.10

Percent change(Reference) Prior fiscal year interim period(Fiscal year ended October 31, 2012)

2. Revised projection of consolidated operating results for the Business Period ending October 2013
(Unit: Millions of yen)
(November 1, 2012 - October 31, 2013)
Operating
Ordinary
incomeRevenues
Net income Net
incomeincomeper share
Prior projection(A)

99,150

7,120

6,510

3,19097.16

Revised projection(B)

103,410

9,570

9,230

4,530

137.98

Increase/decrease

(B－A)

4,260

2,450

2,720

1,340―

(%)

4.3%

34.4%

41.8%

42.0%

―

86,106

6,430

5,932

3,575

108.88Percent change(Reference) Prior fiscal year
(Fiscal year ended October 31, 2012)Notification Concerning Revision of Projected Operating
Results for the Business Period Ending October 20132013/05/31 in Japan | Page 2/2

3. Revised projection of non-consolidated operating results for the Business Period ending October 2013
(Unit: Millions of yen)Interim period (November 1, 2012 - April 30, 2013)
Ordinary
incomeRevenues
Net income Net
incomeper share
Prior projection(A)

35,480

2,880

1,610

49.03

Revised projection(B)

39,210

4,800

2,900

88.33

Increase/decrease

(B－A)

3,730

1,920

1,290

―

(%)

10.5%

66.7%

80.1%

―

34,067

2,922

1,694

51.62

Percent change(Reference) Prior fiscal year interim period(Fiscal year ended October 31, 2012)

4. Revised projection of non-consolidated operating results for the Business Period ending October 2013
(Unit: Millions of yen)
(November 1, 2012 - October 31, 2013)
OrdinaryincomeRevenues
Net income Net
incomeper share
Prior projection(A)

70,590

5,270

2,740

83.45

Revised projection(B)

75,140

7,350

3,820

11 6 . 3 5

Increase/decrease

(B－A)

4,550

2,080

1,080

―

(%)

6.4%

39.5%

39.4%

―

69,091

4,825

2,563

78.07

Percent change(Reference) Prior fiscal year
(Fiscal year ended October 31, 2012)

5. Reasons for the revision of projected operating results
Projected interim revenues for the Kanamoto Group are expected to exceed the Company’s initial interim period
operating performance forecast because of restoration and recovery works following the Great East Japan
Earthquake and an increase in nationwide disaster prevention mitigation works, and because the Group has beenable to respond precisely to growth in private sector construction demand. From an earnings perspective as well,interim period operating income, ordinary income and net income are all projected to be significantly higher than theCompany’s previously released projection. This performance reflects the increase in revenues and gross profit, as
well as the results of persistent efforts to achieve comprehensive cost reductions that have kept selling, general andadministrative expenses within the range contemplated in the Company’s initial plan.
The Company has also revised upward its full-year operating results forecast. Positive factors include restoration
works in earthquake-devastated areas, which are expected to remain at the level seen during the first half,
nationwide disaster prevention works and maintenance and repair construction works on aging infrastructure basedon the supplementary budget, and the rising trend in private sector construction centered on energy-relateddemand. While various concerns that might affect operating results persist, including delays in the start ofconstruction in some areas as the result of a lack of construction workers and shortages of materials, in general thedemand for construction equipment rentals is expected to remain vigorous in the future as well.
6. Dividends and expected date for release of Interim Financial Report
The Company plans to discuss the interim dividend at the Board of Directors for the purpose of implementing adividend of ¥10 per share as decided in its initial plan. The Company plans to announce its operating results for theinterim period of the business period ending October 30, 2013 on June 7, 2013.
(Note) The Company’s earnings forecasts were prepared based on information available to the Company as of thedate this material was released.
Actual operating results may differ from the forecast figures as a result of various future factors.
End