Consolidated Financial Highlights
| Millions of yen |
Thousands of U.S. dollars (Note) |
||
|---|---|---|---|
| April 30, 2011 | April 30, 2012 | April 30, 2012 | |
Consolidated operating results |
|||
| Rental revenues and sales of goods | ¥35,309 | ¥40,012 | $492,829 |
| Operating income | 1,724 | 3,554 | 43,777 |
| Ordinary income | 1,408 | 3,297 | 40,611 |
| Net income | 49 | 1,776 | 21,879 |
| ROE | 0.1% | 4.5% | |
Consolidated financial position |
|||
| Total assets | 111,959 | 125,597 | 1,546,960 |
| Shareholders’ equity | 37,079 | 39,227 | 483,159 |
| Shareholders’ equity ratio | 32.6% | 30.8% | |
| Shareholders’ equity per share (yen) | 1,112.19 | 1,178.92 | 14.52 |
Consolidated cash flows |
|||
| Cash flow from operating activities | 5,623 | 9,562 | 117,781 |
| Cash flow from investing activities | -701 | -226 | -2,783 |
| Cash flow from financing activities | -3,035 | -5,027 | -61,923 |
| Balance of cash and equivalents at end of the period |
22,638 | 24,657 | 303,701 |
| Yen | U.S. dollars (Note) | ||
|---|---|---|---|
| April 30, 2011 | April 30, 2012 | April 30, 2012 | |
Information per share of common stock |
|||
| Net income | ¥1.50 | ¥54.10 | $0.66 |
| Dividends per share | 10.00 | 10.00 | 0.12 |
Note: U.S. dollar amounts have been translated from yen for convenience only, at the rate ¥81.19=US $1, the approximate exchange rate on April 27, 2012.
Financial Topics
Revenues, operating income and ordinary income
Revenues increased 13.3% over the corresponding period of the previous fiscal year, while operating income rose 106.1% year-on-year, and ordinary income jumped 134.1% from the same period one year earlier. In addition to ongoing debris removal works in the three prefectures damaged by the Great East Japan Earthquake, these operating results also reflected infrastructure restoration works that have gradually been initiated, and construction demand in unaffected regions, which has been boosted by measures taken in response to heavy rainfall disasters and by seismic-resistance measures and investment to offset electricity shortages.
Net income
In the prior fiscal year, certain of Kanamoto's branch buildings, structures and rental equipment (including construction equipment) were damaged by the earthquake, and the Company reported a commensurate loss for this damage. Because it did not report a similar loss this year, and because of the strong operating results demonstrated during the current period, net income improved significantly to ¥1,776 million, up from ¥49 million for the same period one year ago.
