Notification Concerning Revision of Projected Full-year
Operating Results for the Fiscal Year Ended October 20092009/11/30 in Japan | Page 1/2

Monday, November 30, 2009For Immediate Release
Kanamoto Company, Limited
Stock 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

Notification Concerning Revision of Projected Full-year Operating
Results for the Fiscal Year Ended October 2009 and Extraordinary Loss
Kanamoto Company, Limited (Kanchu Kanamoto, President; Head Office: Sapporo, Japan), Japan’s leading construction
equipment rental company, has revised its projected consolidated and non-consolidated operating results for the business period
ending October 31, 2009 (November 1, 2008 - October 31, 2009) released on August 28, 2009. Details are provided below.

1. Revised projection of consolidated operating results for the Business Period ended October 2009
(Millions of yen except net income per share, which is in yen)
(November 1, 2008 - October 31, 2009)
Revenues

Operating
Income(Loss)

OrdinaryIncome(Loss)Net Income(Loss)Net Income(Loss) perSharePrior projection(A)

63,700−650−1,000−1,700−51.77

Revised projection(B)

63,863137−222−1,158−35.28

Increase (decrease)

(B－A)

163

787

778

542－

(%)

0.3%－－－－

69,411

2,227

2,028

644

19.61

Rate of change(Reference) Prior fiscal year
(FY ended October 31, 2008)

2. Revised projection of non-consolidated operating results for the Business Period ended October 2009
(November 1, 2008 - October 31, 2009)(Millions of yen except net income per share, which is in yen)
Revenues

Operating
Income(Loss)

Ordinary
Income(Loss)Net Income(Loss)Net Income(Loss) perSharePrior projection(A)

53,800−300−550−1,300−39.59

Revised projection(B)

54,447417

172−1,060−32.28

Increase (decrease)

(B－A)

647

717

722

240－

(%)

1.2%

－－－－

60,473

2,461

2,369

183

5.59

Rate of change(Reference) Prior fiscal year
(FY ended October 31, 2008)

3. Reasons for the revision of projected full-year operating results
As the negative trend affecting public works spending since the beginning of the business period continued, private sector
construction spending also showed a sharp decline under the impact of the global recession, and construction demand asa whole remained uncertain. During the fourth quarter as well, the conditions constraining private sector works showed nosigns of abating, and indications of a recovery were absent. A slight recovery in public works was noted, however, asworks related to the supplementary budget were implemented in Hokkaido and other regions as an economic stimulus
measure. As a result, the Company expects some improvements in both construction equipment rental revenues andearnings compared with its initial projection, and revised its operating results projection upwards.

Notification Concerning Revision of Projected Full-year
Operating Results for the Fiscal Year Ended October 20092009/11/30 in Japan | Page 2/2

With regard to net income, on the other hand, stock prices that had recovered by the third quarter fell again because ofconcerns regarding the recovery of the U.S. economy and worries over deterioration of corporate performance in Japanas the yen continued to appreciate. Consequently the Company was compelled to book a valuation loss on investment
securities. In addition, the Company increased its respective reserves for shares and loans to unconsolidated subsidiaries
on the basis of more conservative judgments. As a result, the Company projects the net loss indicated above.
For its non-consolidated operating results, the Company posted a ¥478 million provision to its allowance for doubtful
accounts for subsidiaries and affiliates for loans to certain consolidated subsidiaries. On the other hand the reserve foracceptances and guarantees pertaining to the subsidiaries in question decreased, and the Company projects it will book a¥170 million reversal of the provision for losses on guarantee. These accounting items are extraordinary losses andextraordinary profits pertaining to consolidated subsidiaries, and do not have a material effect on the Company’s
consolidated operating results.

4. Other matters
Despite the extremely severe earnings picture, because of its intention to maintain a stable dividend the Company plans toseek approval by the Board of Directors of a resolution for a year-end dividend of ¥10 per share as indicated in theCompany’s initial projection. The Company will release its Financial Statements Bulletin for the Business Period Ended
October 31, 2009 on December 4.
End