Notification Concerning Revision of Projected Full-Year Operating
Results for the Business Period Ending October 20162016/06/10 in Japan | Page 1/2

Friday, June 10, 2016

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 >Nobuhito Utatsu
Director and Senior Executive Corporate Officer, Division
Manager, Accounting Division
Telephone: + 81-11-209-1631

Notification Concerning Revision of Projected Full-Year
Operating Results for the Business Period Ending October 2016
Kanamoto Company, Limited has made the following revisions to its projected consolidated and non-consolidated
operating results for the fiscal year ending October 31, 2016 (November 1, 2015 - October 31, 2016) released on
December 9, 2015 to reflect its latest operating results trend. Details are provided below.
1. Revised projected figures for full-year consolidated operating results for the Business Period ending
October 2016 (November 1, 2015 - October 31, 2016)(Unit: Millions of yen except net income per share, which is in yen)

OperatingincomeNet sales

Ordinaryincome

Profitattributableto owners ofparentNet income
per share

Prior projection(A)

133,900

16,34016,270

10,230289.48

Revised projection(B)

143,200

14,63014,1008,550241.94

Increase/decrease

(B－A)

9,300

–1,710–2,170–1,680

―

(%)

6.9%

–10.5%–13.3%–16.4%―(Reference) Prior fiscal year
(Fiscal year ended October 31, 2015)

133,292

16,27016,1649,557

266.27

Percent change

2. Revised projected figures for full-year non-consolidated operating results for the Business Periodending October 2016 (November 1, 2015 - October 31, 2016)(Unit: Millions of yen except net income per share, which is in yen)

Net sales

Ordinary
incomeProfit

Net incomeper share

Prior projection(A)

103,600

14,2009,230

261.18

Revised projection(B)

102,140

12,2507,220204.31

Increase/decrease(B－A)–1,460–1,950–2,010

―

(%)

–1.4%

–13.7%–21.8%―(Reference) Prior fiscal year
(Fiscal year ended October 31, 2015)

102,029

13,9488,344

232.47

Percent change

3. Reasons for the revision
Although Kanamoto expects construction demand in the Tohoku region and the Tokyo metropolitan area toremain brisk, in other areas a full-scale recovery in demand is projected to take somewhat longer because of delays

Notification Concerning Revision of Projected Full-Year Operating
Results for the Business Period Ending October 20162016/06/10 in Japan | Page 2/2

in the start of public works construction, as well as a slowdown in demand in the Company’s main business ofconstruction equipment rentals. On the other hand, for its full-year earnings projection the Company forecasts
operating income, ordinary income, and profit attributable to owners of parent to fall below its initial plan because ofan increase in capital spending accompanying the strengthening and expansion of branches for the future, and theimpact of the increased burden for depreciation resulting from this investment.
(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