Interim Business Report KITO’s CSR ctivities …€¦ · · 2011-12-28Interim Business Report Company profile of SHANGHAI KITO TRADING CO., ... the KITO electric chain hoist ER2,

Shareholder Information

CompanywideYamanashi

Head office & Factory

I n t e r i m B u s i n e s s R e p o r t

Company profile of SHANGHAI KITO TRADING CO., LTD.The SHANGHAI KITO TRADING CO., LTD. was set up in 2003, as an import sales subsidiary for KITO products, allowing the KITO brand to penetrate the rapidly growing Chinese market. The site is in the city of Shanghai, one of China’s four state-run cities, located on the east coast of the Chinese mainland facing the mouth of the Yangtze River (Chang Jiang). The city is the commercial and financial center of China, with the country’s highest per capita GDP, and has grown to be one of the leading economic cities in the world.

At the same time, the Chinese economy, centered on Shanghai, has seen markets expanding from the coast towards the northeastern region and into the inland area. To keep up with those expanding markets, our company has been broadening its sphere of activity, establishing new branches, first, in Tianjin in 2007, followed by Dalian and Guangzhou, and in 2010 by the inland city of Chongqing.

Activities for the first half of the year ending December 2011 (January 2011 – June 2011)Orders for our star product, the KITO electric chain hoist ER2, have been robust for the first half of the year under review, with soaring sales levels

marking a year-on-year increase of 200%. One of the reasons for that suc-cess was that our network of domestic sales agents in Ch ina moved in to h igh gear. We pioneered our agency activities in 2007, a n d t h e n e t w o r k h a s expanded to include over 30 companies. We offer the

agencies support in carrying out sales activities, explaining the safety fea-tures and high quality of our products, and ensuring that the agents under-stand what distinguishes KITO products from other brands. We believe that these efforts gradually made an impression on the end users, which led to the current strong performance.

In this year’s first half, we focused not only on sales, but also placed strong emphasis on after-sales service, by setting up workshops on product safety aimed at end users, agencies, and potential service outlets through-out China. These workshops provided an opportunity for us to explain directly to end users the KITO Group’s “Customer First” management phi-losophy and the high quality of KITO products.

Directions for the FutureRecently, in addition to the component business focused on hoist products, our company has been concentrating on the crane business, which offers solutions suited to the working environment of our customers. Until now, crane business operations were carried out under the direction of on-site Japanese staff in China, but we are making efforts to localize both business-es by instructing local Chinese staff the relevant knowledge and skills.

By further enhancing our after-sales service network through the afore-mentioned sales network and safety workshops, we will build up a strong KITO network unrivalled by other players in the Chinese market, with the aim of fulfilling the KITO mission to deliver satisfaction and impression for all customers.

During the first half of the year ending March 2012, Japanese companies have been dealing with the double onslaught of the Great East Japan Earthquake on March 11, said to be the biggest national crisis faced by our country in the post-war era, and the rapid rise of the yen due to grow-ing tension surrounding the fiscal turmoil in Europe and financial insecurity worldwide. The effects of the earthquake extended beyond companies whose production centers were directly hit by the disaster, cutting off sup-ply chains and causing electricity shortages, and leading to a situation that had a huge adverse impact not limited to the economy of Japan. Furthermore, the yen continued at a historically high rate, hovering in the mid-70s range against the US dollar, significantly driving down income for export-related businesses, and leading to poor performance.

In these circumstances, although production in the Group suffered due to shortages of some parts, we devoted our utmost efforts to devising ways to meet customer demand as much as possible. As a result, we were able to resolve most of the delays in production and shipments by the end of September. In addition, although the strong yen has had a con-siderable impact on income, overseas demand has been solid, mainly in North America and Asia, and efforts for post-disaster reconstruction demand is starting to be felt domestically. Consequently, we have posted strong net sales results, exceeding the initial forecast for the year.

As a result, consolidated business results for the six months ended September 2011 are as follows. Net sales was 15,004 million yen, up

19.3% year-on-year; operating income was 337 million yen (up 34.6% year-on-year); ordinary income was 166 million yen (up 89.8% year-on-year); and net income was 13 million yen (down 48.5% year-on-year). For regional net sales and other details, please see “Highlights of Consolidated Business Results”.

Focused activities for the second half of the year are laid out as follows under the Medium Management Plan begun this term: 1) expanding the business network; 2) developing global production; 3) enhancing new busi-ness domains. As an increase in post-disaster reconstruction demand on the domestic front is predicted, we will set up a system that can ensure a reliable supply of products to contribute to reconstruction of areas affect-ed by the earthquake. In the Americas, we will strive to respond promptly and accurately to steady demand in environment and energy related fields, while in Asia, mainly in China, we will concentrate on the rapid expansion of Japanese companies in the region and the intensifying demand for fac-tories.

Furthermore, the sales subsidiaries set up in Brazil and Indonesia in the first half of the year will be fully up and running, and we aim to optimize the supply chain while continuing efforts to establish a global production struc-ture.

On behalf of the KITO Group, I sincerely hope we can rely on your con-tinuing support.

December 2011

Keeping in mind the responsibility we bear as corporate citizens, our company strives to enhance and strengthen our communication with the people around us, while carrying out activities that contribute to society both on the local and international level, in order that the corporation and the community can prosper together.

As part of our activities to support reconstruction in the areas affected by the Great East Japan Earthquake that struck in March of 2011, KITO CORPORATION, along with Group companies in the U.S., China, and India, made financial donations, and we have been collaborating with an organization run by university students to do reconstruc-tion work in East Japan.

The photograph on the left shows a scene from the project to support reconstruction in East Japan, entitled “What We Can Do Today,” coordinated by the student organization.

The goal of the project is to respond to the need for long-term volunteer work in the affected area, and at the same time, to provide an opportunity, through such volunteer work, for the students to think seriously about their future, and the future of Japan.

Our company agrees with this aim, and provides support in the form of funding, in addition to which many of our younger employees participate in volunteer efforts on-site.

It will take a long time to restore East Japan to the condition it was in before the disaster. We at KITO will do our best to ensure that this kind of volunteer activity is carried out on an ongoing basis.

Topic

s

The KITO Group provides safe and reliable products and ser-vices, for a wide range of in-dustries at various sites around the world.

Smithsonian Museum is a leading American museum complex, combining museums and

research centers in science, industry, technology, art, and natural history. It is also well

known as the setting for the 2009 movie “Night Museum 2.”

During the construction of an art gallery at the Smithsonian Museum, the KITO manual

chain hoist was a key piece of equipment used to lift and place materials on the roof.

The manual chain hoist does not need electricity, and can be operated with minimal man-

ual power, making it suitable for outdoor work. In addition, it is simple to operate, allowing

heavy objects to be moved even in confined spaces. As a result, it is used in numerous civil

engineering projects and factory construction sites.

Able to withstand the tough conditions of these workplaces, our products boast outstand-

ing durability and safety, including the one of the strongest load chains in the world, so our

customers around the globe can get their work done safe and secure.

Do you know that there is a steam locomotive running between Shinkanaya Station and Senzu Station on the Oigawa Railway line in Shimada-city, Shizuoka Prefecture?

The turntable used to turn the steam locomotive around was constructed at Shinkanaya Station at the end of September this year, with KITO wheel blocks used in the drive mechanism of the turntable.

In the past, there had been a turntable at the terminal station in Senzu, but not at the departure station in Shinkanaya. As a result, the steam locomotive would leave Shinkanaya Station facing forward, and then, after arriving in Senzu, it would make the return trip facing backwards. Now, with the installment of the turntable, the train can operate facing forward all the time.

When you visit Shinkanaya Station to see the locomotive, take a look under the turntable. There you will see hardworking KITO products, inconspicuously doing their bit to support the steam locomotive.

Products

KITO’s CSR Activities – Collaboration with East Japan Reconstruction Support Project

Building on the strong KITO network, we will deliver satisfaction and impression for all customers in the Chinese market.

Introduction to KITO Group Companies, Vol. 7 SHANGHAI KITO TRADING CO., LTD. (China)

KITOExamples of Products Delivered

U.S.A.

JAPAN

Washington D.C.Smithsonian Museum Construction Site

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ducts D

elivered

2

Exam

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elivered

Shimada-city, Shizuoka PrefectureTurntable for Oigawa Railway Steam Locomotive

Kazuyuki Izawa, Representative(back row third from right)

N a m e : SHANGHAI KITO TRADING CO., LTD.A d d r e s s : Room 11-J, Zao-Fong Universe Building, No 1800 ZhongShan West Road,

Shanghai 200235, ChinaRepresentative : Kazuyuki Izawa, RepresentativeEstabl ished : December 2003Emp loyees : 38 (as of September 30, 2011)Type of business : Sales of KITO CORPORATION productsSales volume : 51 million RMB (approx. 655 million yen) for the year ended December 2010

Business year April 1 through March 31 each year

Ordinary General Meeting of Shareholders Held in June each year

Record date Ordinary General Meeting ofShareholders: March 31 of each yearYear-end dividend: March 31 of each yearInterim dividend: September 30 of each yearIf necessary, another day may be designated as the record date with public notice.

Transfer agent and administrator of special account

5-33, Kitahama 4-chome, Chuo-ku, OsakaThe Sumitomo Trust and Banking Company, Limited

Handling office of transfer agent

3-1, Yaesu 2-chome, Chuo-ku, TokyoStock Transfer Agency Department, The Sumitomo Trust and Banking Company, Limited

Mailing address1-10, Nikkocho, Fuchu-city, Tokyo 183-8701, JapanStock Transfer Agency Department, The Sumitomo Trust and Banking Company, Limited

Telephone referral 0120-176-417 (toll free in Japan)

Dedicated websitehttp://www.sumitomotrust.co.jp/STA/retail/ser-vice/daiko/index.html

Method of public announcement

We provide public announcement by electronic means. However, when accidents or other unavoidable reasons prevent us from using the method of electronic announcement, we will make announcements in the Nihon Keizai Shimbun.URL for public announcements: http://www.kito.co.jp/

Listed stock exchange Tokyo Stock Exchange

Head Office & Factory: 2000, Tsuijiarai, Showa-cho, Nakakoma-gun, Yamanashi 409-3853, Japan Telephone: +81-55-275-7521Tokyo Head Office: SHINJUKU NS Building 9F, 2-4-1, Nishi-Shinjuku, Shinjuku-ku,Tokyo 163-0809, Japan Telephone: +81-3-5908-0155

KITO CORPORATION

Stock code: 6409

The 68th Term Interim Business ReportApril 1, 2011 through September 30, 2011

KITO CORPORATION

To our shareholders The KITO Group very much appreciates your support and confidence in us.

The KITO Group has launched a 5-year Medium Management Plan starting this year, with the aim of becoming an operation that can hold itself among international competitors. The plan outlines the intention to press ahead with our transformation from a Japanese company into an integrated global organization making the most of resources from around the world.

We hereby report the business results and activities for the second quarter ended September 2011 of the KITO Group’s 68th term.

Aiming to be the “Truly global No.1 hoist manufacturer” as the most trustworthy company for our customers worldwideKITO Group launches Medium Management Plan

Yoshio Kito, President & CEO

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Vancouver, Canada

Tokyo and Yamanashi, Japan

Laguna,Philippines

Hanoi,Vietnam

Bangkok, Thailand

Jiang Yin, China

Beijing,China

Shanghai,China

Gyeonggi-Do, South Korea

Dusseldorf,Germany

Bangalore,India

KITO CORPORATION Manheim,U.S.A.

Sao Paolo, BrazilKITO DO BRASILCOMERCIO DE TALHAS EGUINDASTES LTDA

Jakarta, IndonesiaPT. KITO INDONESIA

ItemsSecond quarter of the 68th term

As of September 30, 2011

67th termAs of March 31, 2011

AssetsCurrent assets 18,568 18,369 Cash and deposits 4,485 5,393 Notes and accounts receivable—trade 5,090 5,510 Inventories 7,629 6,409 Others 1,362 1,054Noncurrent assets 9,792 9,755Deferred assets 22 27Total assets 28,383 28,151LiabilitiesCurrent liabilities 9,100 8,169 Notes and accounts payable—trade 5,326 5,109 Short-term loans payable 1,067 281 Accrued expenses 1,080 1,103 Others 1,626 1,674Noncurrent liabilities 4,097 4,275Total liabilities 13,198 12,445Net assetsShareholders’ equity 16,998 17,113 Capital stock 3,976 3,976 Capital surplus 5,199 5,199 Retained earnings 8,408 8,523 Treasury stock (587) (587)Accumulated other comprehensive income (2,352) (1,954) Valuation difference on available-for-sale securities (4) (3) Foreign currency translation adjustment (2,348) (1,950)Subscription rights to shares 31 25Minority interests 507 521Total net assets 15,185 15,706Total liabilities and net assets 28,383 28,151

(Unit: JPY million)

ItemsSecond quarter of

the 68th termApril 1, 2011 through September 30, 2011

Second quarter of the 67th term

April 1, 2010 through September 30, 2010

Net sales 15,004 12,571

Cost of sales 10,621 8,672

Gross profit 4,382 3,899

Selling, general and administrative expenses 4,045 3,648

Operating income 337 250

Non-operating income 96 95

Non-operating expenses 267 258

Ordinary income 166 87

Extraordinary income — 42

Extraordinary loss 12 28

Income before income taxes 153 101

Income taxes (current and deferred) 78 28

Income before minority interests 74 72

Minority interests in income 60 45

Net income 13 26

(Unit: JPY million)

(Unit: JPY million)

(Unit: JPY million)

ItemsSecond quarter of the 68th termApril 1, 2011 through September 30, 2011

Second quarter of the 67th termApril 1, 2010 through September 30, 2010

Cash flows from operating activities (329) 1,575Cash flows from investing activities (836) (515)Cash flows from financing activities 381 530Effect of exchange rate change on cash and cash equivalents (124) (218)Net increase (decrease) in cash and cash equivalents (909) 1,371Cash and cash equivalents at beginning of period 5,376 5,361Cash and cash equivalents at end of period 4,466 6,732

600

1,200

1,800

0

1,119

337250

1,550

67th term(Year ended Mar. 2011)

68th term(Year ending Mar. 2012)

1,200

900

600

300

0

1,500

885

16687

1,350



600

400

200

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800

423

1326

700



We posted an increase in overall net sales compared with the same period of the previous year, on the back of strong post-disaster reconstruction demand from the construction and civil engineering industries following the Great East Japan Earthquake.

Throughout the period the Group enjoyed solid overall demand in North America, reflecting continued improvement in the region’s macroeconomic indicator, capacity utilization. As a result, net sales in the United States and Canada showed steady growth of 29.8% and 11.1% respectively on a local currency basis, compared with the same period of the previous year.

Demand from the Chinese market, of which GDP has been growing in the 9% range, remained at a steady level throughout the period, helping the Group achieve higher net sales from the previous year. However, we are concerned about the uncertain level of adverse impact on the real economy in the future arising from the current fiscal austerity measures.

Robust economic growth in Asia remained the underlying driver of expansion in the region’s markets. The Thai market continued to see a flurry of market entries from Japanese-affiliated manufacturers and their robust new investments, while the Korean market enjoyed healthy demand stemming from aggressive capital investment by a leading electronic manufacturer. In addition, an Indian subsidiary we acquired last year successfully contributed to the Group’s increase in sales.

Despite a persistently gloomy economic environment in the face of the European financial crisis, and the delay in product shipments consequent to the earthquake disaster, the Group received a robust amount of orders during the period and posted slightly higher net sales compared with the same period of the previous year.

Our company launched the KITO electric chain hoist EQ model (hereinaf-ter, “EQ”), a strategic product aimed at markets worldwide.* The EQ, developed through an absolutely new design concept not limited by previ-ous product development processes, is an electric chain hoist that will be a powerful competitor on the market.

The big difference from previous products is the inverter that is stan-dard equipment on all types. The inverter allows for gradual start up and gradual shutdown functions, with a lighter and more compact body than previous versions, while maintaining the rigidity of the original. Furthermore, by maximizing the function of the inverter to consolidate features, such as changing mechanical control to electrical control, and reducing the number of parts that need maintenance, we have made this a product that can contribute in a variety of ways to the safety and productivity of our cus-tomers.

In order to advance the goals stated in the Medium Management Plan, to expand existing markets (North America and China), and to promote full-scale development of operations in growing markets (Asia, South America), we are enhancing our product line-up, starting with the EQ. We will continue to strive to provide products that will satisfy our customers, based on an accurate grasp of world market needs, and a constant search for new concepts and challenges.

* To be launched first in overseas markets in December 2011, to be followed by launch on the Japanese market in 2012.

Under the regional strategy of our group’s Medium Management Plan, we view the North American and Chinese markets as drivers of growth for the fore-seeable future, and will promote localization of sup-ply chains. In addition, we will invest aggressively in growing markets in Thailand, India, Indonesia, and Vietnam, while building a framework for full-scale advances into South America and other regions, with the aim of becoming a leader across these vari-ous markets.

As part of this strategy, we have established sales subsidiaries in Brazil and Indonesia, both of which have exhibited remarkable growth.

http://kito.com/

0

20

40

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68th term (forecast)(Year ending Mar. 2021)

AmericasJapan Europe and other countriesAsian countriesChina

Six months ended September 2011 Year ending March 2012

34.2%

25.2%

25.3%

6.5%

32.7%

24.8%

23.7%

7.0%

34.4%

26.4%

27.0%

4.5% 8.8%7.7%

33.7%

26.7%

7.7%

6.9% 11.8%

25.0%65.6% 65.8% 66.3% 67.3%Overseas Overseas Overseas Overseas

Six months ended September 2011 in the 68th term (Year ending March 2012)Regional net sales

Net sales

Dividend InformationMajor factors for higher operating income, up 87 million yen year-on-year

Operating income Ordinary income Net income

Mid-term

Overview of Brazilian Subsidiary

Overview of Indonesian Subsidiary

Full-year Full-year (forecast)

250

693

173

337

(110)

(396)

(273)

Increasein

sales

Raise inproductprices

Increasein material

costs

Exchangeloss

Increasein SG&A expenses

Six months ended Sep. 2010 in the 67th term(Year ended Mar. 2011)

Six months ended Sep. 2011 in the 68th term(Year ending Mar. 2012)

<Interim> 1,000 yen (expected)<Year-end> 1,000 yen (final)

2,000 yen 36.8 %

Payment of the interim dividend for the 68th term

Please take receipt of the interim dividend for the 68th term (1,000 yen per share) during the payment period (from December 14, 2011 to January 13, 2012) by presenting the enclosed “Receipt of the In-terim Dividend for the 68th Term” at your nearby head office, branch or local office of Japan Post Bank Co., Ltd. located throughout Ja-pan or post office (bank agent).

If you have already designated a specific account to which we should transfer the dividend, please refer to the enclosed “State-ment of Interim Dividend for the 68th Term” and “Reference to the Beneficiary Account for Dividend Transfer.” (With regard to the ac-count to receive dividends, if you have selected the method of allo-cation in proportion to the number of shares held, please contact your account management institution such as a securities company)

10,000

20,000

30,000

35,000

25,000

15,000

5,000

0

15,004

28,095

33,000

12,571



KITO NEWS






Other comprehensive income (337) (572)

Valuation difference on available-for-sale securities (0) 3

Foreign currency translation adjustment (337) (575)

Comprehensive income (262) (500)

Comprehensive income attributable to

Owners of the parent (384) (532)

Minority interests 121 31

Total number of shares issued: 135,241 shares

Foreign-af�liated corporationsand foreigners

33.87%

Individuals, etc.

45.06%(Including 4.82% of treasury stock)

Financial institutions 16.47%

Other corporations 3.46%

Securities �rms 1.14%

New “push” button for EQ to improve handling

Japan

5,138 million yen

Americas

3,778 million yen

China

3,798 million yen

Europe and other countries

974 million yen

Asian countries

1,314 million yen

We will move rapidly to set up a sales network in both of these markets, with the subsidiaries serving as centers for product supply and handling orders for cranes. These measures will allow us to exploit the future poten-tial of South America and Asia, while building a framework to further expand the scale of our business.

With the establishment of these two subsidiaries, the KITO Group has grown to include 18 centers in 12 countries*, and a sales network that stretches across 50 nations, which we will leverage to allow the KITO brand to further penetrate markets around the world. In addition, we will vigorously pursue M&As, and concentrate efforts on dramatically expanding the scale of our operations. Furthermore, we will press ahead with the goal of our Medium Management Plan, our transformation from a Japanese company into an integrated global organization making the most of resources from around the world, setting a net sales target of 100,000 million yen.

*KITO COPRORATION and 16 overseas subsidiaries, and 2 overseas resident offices

Highlights of Consolidated Business ResultsPromoting strategies for global growth

Establishment of sales subsidiaries in Brazil and Indonesia

Launch of electric chain hoist EQ model

RegionalStrategy

Productstrategies

*Amounts less than one million yen are rounded down.

Up 18.8%year-on-year



Up 0.9%year-on-year



Up 34.6%year-on-year Up 89.8%

year-on-year Down 48.5%year-on-year

Annual dividend per share

Dividend payout ratio(Year ending March 2012 forecast)

N a m e : KITO DO BRASIL COMERCIO DE TALHAS E GUINDASTES LTDA

A d d r e s s : Sao Paolo, Brazil

Representative : Ichiro Goto, President

C a p i t a l : 4 million Brazilian real (approx. 200 million yen) (KITO investment ratio 100%)

Type of business : Sales of KITO products and cranes*Scheduled to begin full operations around January 2012

Employees : 7 *expected number at start of operations

N a m e : PT. KITO INDONESIA

A d d r e s s : Jakarta, Indonesia

Representative : Hideki Mochizuki, President

C a p i t a l : 10,472 million Indonesian rupiah (approx. 100 million yen) (KITO investment ratio 100%)

Type of business : Sales of KITO products and cranes *Scheduled to begin full operations around January 2012


KITO Group Network

*This excludes subsidiaries such as intermediate holding companies; 2 in North America, 1 in the Philippines, and 1 in Thailand(An “Intermediate holding company” is a company which is the holding company of one small group, and a subsidiary of another larger group.)

Subsidiaries established this term Other overseas subsidiaries Overseas resident offices Overseas agents (over 50 countries)

Company Profile Shares

Major Shareholders (top 10)

Leadership (as of November 1, 2011)

Shareholders Composition by Category

Company name KITO CORPORATIONHead office & factory 2000, Tsuijiarai, Showa-cho, Nakakoma-gun, Yamanashi 409-3853, JapanTokyo head office SHINJUKU NS Building 9F, 2-4-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo 163-0809, JapanPresident & CEO Yoshio KitoEstablished July 1944 (started in November 1932)Number of employees Non-consolidated: 649 Consolidated: 1,761Capital 3,976 million yen

Total number of shares authorized to be issued 470,000Total number of shares issued 135,241Number of shareholders 8,720

President & CEO Yoshio KitoSenior Managing Director & Senior Executive Officer

Hiroshi Nomura

Managing Director & Senior Executive Officer

Tsuneo Yuzurihara


Hajime Ito

Director (Outside) Kazuhiro Yamada

Director (Outside) Keizo Tannawa

Director (Outside) Katsumori Matsushima

Standing Auditor Noboru Sato

Auditor (Outside) Masatoshi Yasunaga

Auditor (Outside) Kiyohito Hamada

Name of shareholders Number of shares (shares)

Percentage of ownership (%)

CBLDN KONECRANES FINANCE OY 29,750 22.00The Master Trust Bank of Japan, Ltd. (Trust Account) 5,972 4.42GOLDMAN SACHS INTERNATIONAL 5,147 3.81CREDIT SUISSE SECURITIES (USA) LLC-SPCL. FOR EXCL. BENE 4,787 3.54

Yoshio Kito 4,034 2.98Japan Trustee Services Bank, Ltd. (Trust Account) 3,370 2.49Sumitomo Mitsui Banking Corporation 3,352 2.48KITO Ownership Association (Employee Stock Ownership Plan) 2,428 1.80Nippon Life Insurance Company 2,000 1.48BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) 1,749 1.29(Note) Treasury stock (6,523 shares) is excluded.

For details of financial information, please visit the Company’s official website (IR Information).

Consolidated Financial Statements

Company Profile and Shares (As of September 30, 2011)

Quarterly Consolidated Balance Sheets (Summary) Quarterly Consolidated Statements of Income (Summary)

Consolidated Statements of Comprehensive Income (Summary)

Quarterly Consolidated Statements of Cash Flows (Summary)

*Amounts less than one million are rounded down.

Senior Executive Officer Edward W. Hunter

Executive Officer Shigeki Osozawa

Executive Officer Huang Longlin

Executive Officer Masatsugu Ukawa

Executive Officer Masaru Hiranuma

Executive Officer Tsutomu Hashimoto

Executive Officer Toru Suzuki

Executive Officer Mamoru Horiuchi

Executive Officer Hiroshi Yamada

Executive Officer Toshifumi Mochizuki

Executive Officer Toshio Kono

Executive Officer Hideaki Sugino

KITO IR Search

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Vancouver, Canada


Laguna,Philippines

Hanoi,Vietnam

Bangkok, Thailand

Jiang Yin, China

Beijing,China

Shanghai,China


Dusseldorf,Germany

Bangalore,India








(Unit: JPY million)





Net sales 15,004 12,571














Net income 13 26

(Unit: JPY million)

(Unit: JPY million)

(Unit: JPY million)




600

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0

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337250

1,550



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http://kito.com/

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34.2%

25.2%

25.3%

6.5%

32.7%

24.8%

23.7%

7.0%

34.4%

26.4%

27.0%

4.5% 8.8%7.7%

33.7%

26.7%

7.7%

6.9% 11.8%



Net sales



Mid-term




250

693

173

337

(110)

(396)

(273)

Increasein

sales


Increasein material

costs

Exchangeloss





2,000 yen 36.8 %




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30,000

35,000

25,000

15,000

5,000

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15,004

28,095

33,000

12,571



KITO NEWS















33.87%

Individuals, etc.






Japan

5,138 million yen

Americas

3,778 million yen

China

3,798 million yen


974 million yen

Asian countries

1,314 million yen







RegionalStrategy

Productstrategies





Up 0.9%year-on-year



















KITO Group Network










Hiroshi Nomura


Tsuneo Yuzurihara


Hajime Ito






























KITO IR Search

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Vancouver, Canada


Laguna,Philippines

Hanoi,Vietnam

Bangkok, Thailand

Jiang Yin, China

Beijing,China

Shanghai,China


Dusseldorf,Germany

Bangalore,India








(Unit: JPY million)





Net sales 15,004 12,571














Net income 13 26

(Unit: JPY million)

(Unit: JPY million)

(Unit: JPY million)




600

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337250

1,550



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600

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423

1326

700














http://kito.com/

0

20

40

60

80

100(%)







34.2%

25.2%

25.3%

6.5%

32.7%

24.8%

23.7%

7.0%

34.4%

26.4%

27.0%

4.5% 8.8%7.7%

33.7%

26.7%

7.7%

6.9% 11.8%



Net sales



Mid-term




250

693

173

337

(110)

(396)

(273)

Increasein

sales


Increasein material

costs

Exchangeloss





2,000 yen 36.8 %




10,000

20,000

30,000

35,000

25,000

15,000

5,000

0

15,004

28,095

33,000

12,571



KITO NEWS















33.87%

Individuals, etc.






Japan

5,138 million yen

Americas

3,778 million yen

China

3,798 million yen


974 million yen

Asian countries

1,314 million yen







RegionalStrategy

Productstrategies





Up 0.9%year-on-year



















KITO Group Network










Hiroshi Nomura


Tsuneo Yuzurihara


Hajime Ito






























KITO IR Search

090_0150002832401.indd 2 2011/12/17 10:11:02010_0150002832401.indd 4 2011/12/17 10:14:16




















December 2011







Topic

s


















Products





U.S.A.

JAPAN


1

Exam

ple o

f Pro

ducts D

elivered

2

Exam

ple o

f Pro

ducts D

elivered



















KITO CORPORATION

Stock code: 6409


KITO CORPORATION






090_0150002832401.indd 1 2011/12/17 10:10:58010_0150002832401.indd 5 2011/12/17 10:14:17




















December 2011







Topic

s


















Products





U.S.A.

JAPAN


1

Exam

ple o

f Pro

ducts D

elivered

2

Exam

ple o

f Pro

ducts D

elivered



















KITO CORPORATION

Stock code: 6409


KITO CORPORATION






090_0150002832401.indd 1 2011/12/17 10:10:58010_0150002832401.indd 6 2011/12/17 10:14:18

Documents

Interim Business Report KITO’s CSR ctivities …€¦ · · 2011-12-28Interim Business Report Company profile of SHANGHAI KITO TRADING CO., ... the KITO electric chain hoist ER2,