Notification of Agreement Concerning Acquisition ofShares (Conversion to Subsidiary) of Unite Co., Ltd.
2012/04/27 in Japan | Page 1/3

Friday, April 27, 2012For 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 of Agreement Concerning Acquisition of Shares(Conversion to Subsidiary) of Unite Co., Ltd.
Based on a resolution at its Board of Directors meeting held today, Kanamoto Company, Limited(Kanchu Kanamoto, President; Head Office: Sapporo, Japan), Japan’s leading construction equipment
rental company, has reached a Basic Agreement with JA Mitsui Leasing, Ltd. (Yoshinori Yasuda,President and CEO; Head Office: Shinagawa-ku, Tokyo) concerning acquisition of a portion of theshares of Unite Co., Ltd. (Hirohiko Ohira, President and CEO; Head Office: Chuo-ku, Tokyo) owned by
JA Mitsui Leasing and conversion of Unite Co., Ltd. into a Kanamoto subsidiary. Details are provided
below.
Consultations to conclude the Share Transfer Agreement will be held at a future date.

1． Reason for the share acquisition (conversion to subsidiary)
Unite is developing its road construction equipment rental business and road construction businessthroughout Japan, and has achieved overwhelming name awareness and operating strengths in all
aspects of road construction works. Because these operations are compatible with Kanamoto’s position
as an integrated construction equipment rental operating company, and the growth of Unite’s business
operations can be anticipated, Kanamoto resolved to acquire Unite’s shares and manage the company
as a subsidiary.
2． Summary of the transferred subsidiary (Unite Co., Ltd.)(1)
Company name
Unite Co., Ltd.
(2)
Head officeTT-1 Building 4F 14-8, Nihonbashi Ningyocho 1-chome Chuo-ku, Tokyo
Representative’s title(3)
President and CEO Hirohiko Ohiraand name(4)
Business
Road construction equipment rental business, road construction business(5)
Capital1,144 million yen(6)
Established
January 27, 1972
(7)
Major shareholders
JA Mitsui Leasing, Ltd.
77.77%and percent owned
Hitachi Construction Machinery Japan Co., Ltd.
14.86%
Yuasa Trading Co., Ltd.
5.19%
HANTA Machinery Co., Ltd.
2.18%(8)Relationships
CapitalThere is no capital relationship between Kanamoto andbetween listed
relationshipsaid company that should be described. Moreover, thereNotification of Agreement Concerning Acquisition ofShares (Conversion to Subsidiary) of Unite Co., Ltd.
2012/04/27 in Japan | Page 2/3

company and said
company

are no capital relationships between concerned parties
and affiliated companies of Kanamoto and concerned
parties and affiliated companies of said company thatdeserve special mention.
Personnel
There is no personnel relationship between Kanamoto
relationshipand said company that should be described. Moreover,there are no personnel relationships between
concerned parties and affiliated companies ofKanamoto and concerned parties and affiliatedcompanies of said company that deserve specialmention.
Kanamoto and said company have a normal rental
Businesstransaction relationship, but the percentage of net
relationshiprevenues is immaterial.
Operating results and financial position of Unite Co., Ltd. for the most recent three years(9)
Unit: Millions of yen
Accounting period
FYE March 2009FYE March 2010
FYE March 2011
Shareholders’ equity
1,885
1,972
2,028
Total Assets
13,482
12,45911,764
Shareholders’ equity per share (yen)824.01 yen
861.64 yen
886.47 yen
Revenues
13,571
12,833
12,556
Operating income
198
310
254
Ordinary income
157
232
201
Net income
3186
56
Net income per share
13.63 yen37.61 yen
24.79 yen
Dividends per share (yen)000

3． Summary of other party to the share acquisition(1)
Company name
JA Mitsui Leasing, Ltd.
(2)
Head office
Higashi Gotanda Square, 2-10-2 Higashi Gotanda, Shinagawa-ku, Tokyo(3)
Representative’s title
President and CEO Yoshinori Yasudaand name(4)
Leasing, installment sales and financing of equipment and other incidental
Businessbusinesses(5)
Capital32 billion yen(6)
Established
April 1, 2008(7)
Shareholders’ equity
123,982 million yen(FYE March 2011)(8)
Total assets (FYE
1,131,388 million yen
March 2011)(9)
Major shareholders
Mitsui & Co., Ltd.
42.40%and percent owned
The Norinchukin Bank
40.68%(10)
Relationships
CapitalThere is no capital relationship between Kanamoto andbetween listed
relationshipsaid company that should be described. Moreover, there
company and said
are no capital relationships between concerned parties
company
and affiliated companies of Kanamoto and concerned
parties and affiliated companies of said company thatdeserve special mention.

Notification of Agreement Concerning Acquisition ofShares (Conversion to Subsidiary) of Unite Co., Ltd.
2012/04/27 in Japan | Page 3/3

Personnel
relationship

Businessrelationship
Statuscorresponding toa related
concerned party

There is no personnel relationship between Kanamotoand said company that should be described. Moreover,there are no personnel relationships between
concerned parties and affiliated companies ofKanamoto and concerned parties and affiliatedcompanies of said company that deserve specialmention.
Kanamoto and said company have a regular business
relationship, including finance leasing agreements.
Said company does not correspond to a related
concerned party of Kanamoto. The concerned parties
and affiliated companies of said company do notcorrespond to a related concerned party of Kanamoto.

4． Number of acquired shares and percent owned before and after share acquisition
Number of shares
0 shares (percent owned 0%)(1)
owned before transfer
Number of acquired
1.53 million shares (acquisition price to be undetermined)(2)
sharesNumber of shares
1.53 million shares (percent owned 66.9%)(3)
owned after transfer

5． Share acquisition schedule (planned)
April 27, 2012
Kanamoto Board of Directors resolution
April 27, 2012
Signing of the Basic Agreement
June 2012 (planned)
Board of Directors resolution concerning conclusion of the Share
Transfer Agreement and signing of the Share Transfer Agreement
June 29, 2012 (planned)
Share delivery date

6． Outlook concerning Kanamoto’s future operating results
Kanamoto is currently carefully reviewing the effect this transaction will have on the Company’s financial
position and operating results in the current period and subsequent consolidated fiscal year, and if
necessary will disclose this information as soon as it has completed its review.
End