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Tuesday, March 31, 2009For Immediate Release
Kanamoto Company, LimitedStock Code 9678
Tokyo Stock Exchange 1st Section; Sapporo Stock Exchange
Kanchu KanamotoPresident< Contact for inquiries concerning this material >Yuichi Takayama
Manager, Investor and Public Relations, Office of the President
Telephone: + 81 – 11 – 209 – 1631

Narasaki Lease, Three Other Companies to Become Kanamoto
Subsidiaries through Acquisition of Stock
At its Board of Directors meeting on March 27, 2009, the Board of Directors of Kanamoto Company, Limited (KanchuKanamoto, President; Head Office: Sapporo, Japan), Japan’s leading construction equipment rental company,approved a resolution to acquire all of the shares of Narasaki Lease Co., Ltd., Tokyo Narasaki Rental Co., Ltd., Akita
Narasaki Rental Co., Ltd. and Aomori Narasaki Rental Co., Ltd. from Narasaki Sangyo Co., Ltd. (Takashi Ishikawa,President; Head Office: Sapporo, Japan). The four companies will become subsidiaries of Kanamoto. Kanamoto andNarasaki Sangyo signed the stock transfer agreement today. Details of the stock acquisition are provided below.
1．Reason for the acquisition of stock (conversion to subsidiary companies)
Narasaki Lease, Tokyo Narasaki Rental, Akita Narasaki Rental and Aomori Narasaki Rental are developing anequipment rental business in tunnel works and turbid water control, a sector in which they possess specialized
expertise. Although the companies have competed with Kanamoto in certain regions in the past, Kanamoto and thefour companies will seek to further boost market share in their respective areas of expertise through by mutual
collaboration in the future.
2．Summary of the transferred companies
Trade Name

Narasaki Lease Co., Ltd.

President

Kouhei Osato

Head Office
Established
Business

Ebetsu City, Hokkaido

Tokyo Narasaki Rental

Akita Narasaki Rental

Aomori Narasaki Rental

Co., Ltd.

Co., Ltd.

Co., Ltd.

Yasumasa Yamamoto

Yasumasa Yamamoto

Yasumasa Yamamoto

Akita City, Akita

Aomori City, Aomori

Prefecture

Prefecture

Chuo-ku, Tokyo

March 1980

April 2002

April 2002

April 2002

Rental and sale ofRental and sale ofRental and sale ofRental and sale ofconstruction equipment

construction equipment

construction equipment

construction equipment

Capital

228 million yen

50 million yen

20 million yen

20 million yenTotal Shares Issued

248,000 shares

1,000 shares

400 shares

400 shares

86.29%

100.0%

100.0%

100.0%March 2008

March 2008

March 2008

March 2008

2,739 million yen

287 million yen

222 million yen

271 million yen

Narasaki Sangyo
Percent Ownership
Most Recent FY
Results
Revenues

Notice Concerning Acquisition of Stock (Conversion to Subsidiary Companies)

2009/03/31 Page 2/2

3．Owner of the stock to be acquire and number of shares to be acquired
Kanamoto will acquire all of the stock of the four companies owned by Narasaki Sangyo Co., Ltd.
4．ScheduleMarch 27, 2009

Approval of resolution by Kanamoto’s Board of Directors

March 31, 2009

Signing of Share Transfer Agreement

Mid-April 2009

Planned share transfer date

5．Future outlookNarasaki Lease will become a consolidated subsidiary of Kanamoto. The remaining three companies will be
non-consolidated subsidiaries. Kanamoto plans to dispatch directors to the four companies, which will be managed
under their current management structures for the immediate future. No other changes have been decided at thistime. Narasaki Lease will be included in Kanamoto’s consolidated operating results from the end of the second
quarter for the fiscal year ending October 31, 2009. The Company believes the effect of this change on its operating
results for this fiscal period will not be material.
End