Partial Revision of the Financial Statements Bulletin for
the Fiscal Year ended October 31, 20092009/12/18 in Japan | Page 1/2

Friday, December 18, 2009For Immediate Release
Kanamoto Company, Limited
Stock Code 9678
Tokyo Stock Exchange 1st Section; Sapporo Stock Exchange
Nobuhito Utatsu
Director and Corporate Officer, Division Manager, Accounting Division< Contact for inquiries concerning this material >Yuichi Takayama
IR & Public Relations Section Manager, Office of the President
Telephone: + 81 – 11 – 209 – 1631

(Correction) Notification Concerning Partial Revision of theFinancial Statements Bulletin for the Fiscal Year ended
October 31, 2009
Kanamoto Company, Limited (Kanchu Kanamoto, President; Head Office: Sapporo, Japan), Japan’s leading construction
equipment rental company, has revised several errors in the Financial Statements Bulletin for the Fiscal Year Ended October 31,
2009 released on December 4, 2009. Details are provided below.
).
The items requiring revision and the revised text are indicated by an underline (【Page 32: 5 Consolidated Financial Statements; Significant Accounting Policies for the Consolidated Financial Statements; 4.
Accounting principles and standards used for normal accounting treatment; (2) Depreciation methods for principal
depreciable assets; a. Tangible fixed assets (excluding lease asset); “(Change in accounting method)” and “(Supplementalinformation)”】
Before revision

After revision(Change in accounting method)(Preceding text omitted)
As a result, for the consolidated accounting fiscal year
under review the cost of revenues from operations
decreased by ¥2,760,115 thousand, and gross profit andoperating income increased and ordinary loss and loss
before taxes and adjustments decreased by the sameamount, respectively, compared to what they otherwise
would have been had the accounting standards used inpast periods been applied.
(Text omitted)(Supplemental information)
Beginning from the consolidated accounting fiscal year
under review, the Company has revised the durable lives
applied to machinery and equipment owned by theCompany and its domestic consolidated subsidiaries(including assets accounted for as rental assets), following
the revision of statutory useful lives based on amendmentof the Corporation Tax Law in Fiscal 2008.
As a result, operating income was ¥1,143,563 thousandhigher and the ordinary loss and loss before taxes andadjustments were ¥1,143,563 thousand less than they
otherwise would have been had the accounting standards
used in past periods been applied.
(Following text omitted)(Change in accounting method)(Preceding text omitted)
As a result, for the consolidated accounting fiscal year
under review the cost of revenues from operations
decreased by ¥2,697,551 thousand, and gross profit andoperating income increased and ordinary loss and loss
before taxes and adjustments decreased by the sameamount, respectively, compared to what they otherwise
would have been had the accounting standards used inpast periods been applied.
(Text omitted)(Supplemental information)
Beginning from the consolidated accounting fiscal year
under review, the Company has revised the durable lives
applied to machinery and equipment owned by theCompany and its domestic consolidated subsidiaries(including assets accounted for as rental assets), following
the revision of statutory useful lives based on amendmentof the Corporation Tax Law in Fiscal 2008.
As a result, operating income was ¥62,524 thousandhigher and the ordinary loss and loss before taxes andadjustments were ¥62,524 thousand less than they
otherwise would have been had the accounting standards
used in past periods been applied.
(Following text omitted)

Partial Revision of the Financial Statements Bulletin for
the Fiscal Year ended October 31, 20092009/12/18 in Japan | Page 2/2【Page 53: 5 Consolidated Financial Statements; (Business Segment Information); Consolidated fiscal year under review(From November 1, 2008 to October 31, 2009); 4. Changes in Accounting Methods; “(Change in depreciation method fortangible fixed assets and rental assets)”】
Before revision

After revision(Change in depreciation method for tangible fixed assets
and rental assets)
Beginning from the consolidated accounting fiscal year
under review, the Company has changed the method ofdepreciation for rental assets included in tangible fixedassets from the declining-balance method to thestraight-line method as described in 4. (2) in “Important
Matters Used as the Basis for Preparation of theConsolidated Financial Statements.” In conjunction withthis change, the operating income of the Company’s
construction-related business increased by ¥2,760,115
thousand compared with what it otherwise would havebeen had the accounting standard used in prior fiscal years
been applied.

(Change in depreciation method for tangible fixed assets
and rental assets)
Beginning from the consolidated accounting fiscal year
under review, the Company has changed the method ofdepreciation for rental assets included in tangible fixed
assets from the declining-balance method to thestraight-line method as described in 4. (2) in “ImportantMatters Used as the Basis for Preparation of theConsolidated Financial Statements.” In conjunction withthis change, the operating income of the Company’s
construction-related business increased by ¥2,697,551
thousand compared with what it otherwise would havebeen had the accounting standard used in prior fiscal years
been applied.

【Page 53-54: 5 Consolidated Financial Statements; (Business Segment Information); Consolidated fiscal year under review(From November 1, 2008 to October 31, 2009); “5. Supplemental information”】
Before revision

After revision

5.Supplemental information
Beginning from the consolidated accounting fiscal year
under review, the Company has revised the durable lives
applied to machinery and equipment (including assets
accounted for as rental assets) as described in 4. (2) b in
“Important Matters Used as the Basis for Preparation of theConsolidated Financial Statements.”
In conjunction with this change, the operating income of
the Company’s construction-related business increased by¥1,143,563 thousand compared with what it otherwise
would have been had the accounting standard used in priorfiscal years been applied.

5.Supplemental information
Beginning from the consolidated accounting fiscal year
under review, the Company has revised the durable lives
applied to machinery and equipment (including assets
accounted for as rental assets) as described in 4. (2) b in
“Important Matters Used as the Basis for Preparation of theConsolidated Financial Statements.”
In conjunction with this change, the operating income of
the Company's construction-related business increased by¥62,524 thousand compared with what it otherwise would
have been had the accounting standard used in prior fiscal
years been applied.

【Page 71-72: 5 Company Financial Statements; Significant accounting policies; 4. Depreciation methods for fixed assets; (1)Tangible fixed assets (excluding lease assets); (Change in accounting method); “(Supplemental information)”】
Before revision

After revision(Change in accounting method)(Preceding text omitted)
As a result, for the fiscal year under review the cost ofrevenues from operations decreased by ¥2,442,469
thousand, and gross profit, operating income and ordinary
income increased by the same amount and loss before
taxes and adjustments decreased by the same amount,respectively, compared to what they otherwise would havebeen had the accounting standards used in past periods
been applied.
(Supplemental information)
Beginning from the fiscal year under review, theCompany has revised the useful lives for the Company’s
machinery and equipment (including equipment accounted
for as rental assets) following the changes to statutory
useful lives based on the amendment of the Corporation
Tax Law in fiscal 2008.
As a result, operating income and ordinary income were¥1,118,961 thousand higher, and the loss before taxes was¥1,118,961 thousand lower, than they otherwise would
have been had the accounting standards used in past
periods been applied.

(Change in accounting method)(Preceding text omitted)
As a result, for the fiscal year under review the cost ofrevenues from operations decreased by ¥2,404,546
thousand, and gross profit, operating income and ordinary
income increased by the same amount and loss before
taxes and adjustments decreased by the same amount,respectively, compared to what they otherwise would havebeen had the accounting standards used in past periods
been applied.
(Supplemental information)
Beginning from the fiscal year under review, theCompany has revised the useful lives for the Company’smachinery and equipment (including equipment accounted
for as rental assets) following the changes to statutory
useful lives based on the amendment of the Corporation
Tax Law in fiscal 2008.
As a result, operating income and ordinary income were¥37,922 thousand higher, and the loss before taxes was¥37,922 thousand lower, than they otherwise would havebeen had the accounting standards used in past periods
been applied.
End