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History of Kanamoto
50 years of walking hand-in-hand with "change."
The curtain was raised on Kanamoto's history in October 1964 in Muroran, the center of steel manufacturing in Hokkaido. Over the years, Kanamoto has grown by transforming and expanding its core business and refusing to be content with the status quo, through actions such as strategic branch development, the formation of alliances, the public listing of its stock and the pursuit of opportunities in overseas markets. For 50 years, Kanamoto has walked hand-in-hand with "change." The trail blazed by Kanamoto, which has taken many turns and never been without challenges, is introduced below.
1960
- 1964|10
- Kanamoto Shoten Co., Ltd. established
(Reorganization in Muroran, Hokkaido) - Zenchu Kanamoto appointed President and Representative Director, and Taichu Kanamoto appointed Executive Director
-
Kanamoto Shoten in Kaigan-cho, Muroran
Indigo blue apron from the Kanamoto Shoten era
Business log from the period when Kanamoto Shoten was established
Safe from Kanamoto's sole proprietor era
Major Events
1964
Tokaido Shinkansen operations begun
Tokyo Olympics held
1965
First post-war Japanese Government Bonds issued
1967
European Community (EC) inaugurated
Association of South East Asian Nations (ASEAN) formed
1969
Tomei Expressway opened to traffic over its entire length
1970
- 1971|10
- Began development of sales branch network. Tomakomai Sub-branch
(now the Tomakomai Branch) established -
Tomakomai Sub-branch
(now the Tomakomai Branch) - 1972|12
- Company name changed to Kanamoto Co., Ltd.
- 1973|01
- Former headquarters building (Muroran) completed
-
Former headquarters building - 1979|09
- Advanced into Aomori Prefecture and established the Hachinohe Branch (now the Hachinohe Equipment Repair Center), Kanamoto's first branch outside Hokkaido
-
Hachinohe Office (now the Hachinohe Equipment Repair Center)
1970
Japan World Exposition opened
1972
China-Japan relations normalized
1973
Yen moved to floating exchange-rate regime
First oil crisis
1978
New Tokyo International Airport (Narita Airport) opened
1979
Second oil crisis
1980
- 1980|04
- Implemented issuance of new shares by third party allocation; Orient Lease (now ORIX Corporation) and The Hokkaido Takushoku Bank take capital participations
- 1981|11
- Taichu Kanamoto appointed President and Representative Director
- 1983|07
- Chiba Branch established as Kanamoto's first foothold in the Kanto Region
-
Established Chiba Branch (July 1983) - 1983|09
- Launched Computer and Peripheral Equipment Division as the Company's third operating division (Tomakomai, Hokkaido)
- 1984|09
- Relocated the Computer and Peripheral Equipment Division
(Bunkyo Ward, Tokyo) -
Computer and Peripheral Equipment Division after relocation to Tokyo
Computer Division equipment room in the 1980s - 1985|07
- Established the Construction Equipment Rental Division Tokyo Office (Bunkyo Ward, Tokyo)
- 1985|11
- Completed online computer system network linking all branches
- 1987|04
- Established Kanatech Co., Ltd.
- 1989|06
- Branches located in nearly all regions of Hokkaido
1980
Outbreak of Iran-Iraq War
1981
First space shuttle launched
1983
Tokyo Disneyland opened
1985
The International Exposition, Tsukuba ("Tsukuba '85") opened
Plaza Accord
1987
New York and Tokyo stock prices plummeted sharply (Black Monday)
1989
Death of Showa Emperor, new era named the Heisei Era
Consumption tax (3%) introduced
Fall of the Berlin Wall
1990
- 1991|06
- Listed stock on the Sapporo Securities Exchange
-
Sapporo Securities Exchange on the day Kanamoto's stock was listed - 1993|08
- Issued Swiss franc-denominated warrants (SFr60 million)
- 1994|01
- Established Mikawa Branch as Kanamoto's first foothold in the Tokai Region
- 1994|06
- Began conducting overseas IR briefings
- 1994|07
- Established Osaka Branch as Kanamoto's first foothold in the Kinki Region
- Issued Swiss franc-denominated convertible bonds (SFr100 million)
- 1995|08
- Designated as a loan transaction stock for the Sapporo Stock Exchange
- 1996|03
- Listed stock on the Second Section of the Tokyo Stock Exchange
-
Tokyo Stock Exchange on the day Kanamoto's stock was listed
Kanamoto stock traded as a new issue - 1996|06
- Relocated head office functions to Sapporo, Chuo Ward
-
New head office building
(Sapporo, Chuo Ward) - Issued first unsecured convertible bonds (¥10 billion)
- 1997|04
- Designated as a stock for margin trading on the Tokyo Stock Exchange
- 1997|11
- Issued Eurodollar-denominated straight corporate bonds (US$42million)
- 1998|01
- Introduced stock option program
- 1998|04
- Stock elevated to the First Section of the Tokyo Stock Exchange
-
Celebration commemorating elevation of stock to First Section of the Tokyo Stock Exchange
Notification of Elevation of Stock to the First Section of the Tokyo Stock Exchange - 1998|06
- Kanchu Kanamoto appointed President and Representative Director, and Taichu Kanamoto appointed Chairman of the Board and Representative Director
- 1998|09
- Honored by the Tokyo Stock Exchange with the mmendation Award for Listed Companies, for more than five consecutive years of annual dividend increases following listing on the Exchange
- 1999|08
- Established SRG Kanamoto Co., Ltd
- 1999|11
- Issued Alpine-yen denominated ¥5 billion zero-coupon bond
(Switzerland) -
Convertible bond signing ceremony - Completed construction on the Kanamoto Hamamatsucho K Building
- 1999|12
- Concluded a mutual rental alliance between Komatsu and the Kanamoto Group
1990
Outbreak of the Gulf War
1991
Soviet Union dissolved
EC declared creation of the European Union (EU)
1994
Kansai International Airport opened
1995
Great Hanshin-Awaji Earthquake (Hyogo-Nanbu Earthquake)
1997
Consumption tax raised to 5%
Asian currency crisis
Collapse of Hokkaido Takushoku Bank and Yamaichi Securities
1998
Olympic Winter Games (Nagano Games) held
Japan-style Big Bang (financial system reform) begun
2000
- 2000|03
- Concluded alliance with Machida Kikou Co., Ltd
- 2000|12
- Concluded alliance with Kyushu Kensan Co., Ltd
- 2001|06
- Established Kanamoto Shikoku Co., Ltd. with Tadano Ltd.
- 2001|11
- Converted Daiichi Kikaisangyo Co., Ltd. into a subsidiary
- 2002|02
- Established the Haneda Branch as Kanamoto's first sales office in Tokyo
- 2003|08
- Completed absorption-type merger of Taniguchi Co., Ltd.
- 2003|11
- Converted Daiichi Kikaisangyo Co., Ltd. into a wholly-owned subsidiary
-
Daiichi Kikaisangyo Co., Ltd. - 2003|12
- Kanamoto honored with the IR Excellent Firm Award from the Japan Association for Individual Investors (JAII) (fourth company to receive the award)
- 2004|01
- Converted Kanamoto Shikoku Co., Ltd. into a wholly-owned subsidiary (merged in April 2004)
- 2004|06
- Received assignment of construction equipment rental business operating rights from Kanaya Lease Co., Ltd.
- Succeeded to the construction equipment rental business of Nakano Motors
- 2004|10
- Converted Kanki Corporation into a subsidiary
- 2006|03
- Converted Flowtechno Corporation into a subsidiary
- 2006|08
- Established Shanghai Jinheyuan Equipment Rental Co., Ltd. (Shanghai, China) to manage Kanamoto's first foray into a foreign market
- 2007|02
- Received assignment of construction equipment rental assets and goodwill from TO Ogasawara Co., Ltd.
- Converted Kyushu Kensan Co., Ltd. into a subsidiary
-
Kyushu Kensan Co., Ltd. - 2007|05
- Converted Assist Co., Ltd. into a wholly-owned subsidiary
- 2007|07
- Shanghai Jinheyuan Equipment Rental Co., Ltd. signed an alliance agreement with Shanghai Mechanized Construction Co., Ltd.
- 2007|10
- Introduced special benefits plan for shareholders
- 2008|04
- Established Kanamoto Engineering Co., Ltd.
- Converted SJ Rental, Inc. (Territory of Guam, USA) into a subsidiary
- 2008|06
- Converted Kyokuto Lease Co., Ltd. into a subsidiary
- 2008|07
- Converted Toyo Industry Co., Ltd. into a subsidiary
-
Toyo Industry Co., Ltd. boasts unique strengths in shield tunneling method-related works - 2008|11
- Converted KG Machinery Co., Ltd. into a subsidiar
- 2009|02
- Established Shanghai Jinheyuan Engineering Construction Co., Ltd.
-
Shanghai Jinheyuan Engineering Construction Co., Ltd. - 2009|04
- Converted Narasaki Lease Co., Ltd., Tokyo Narasaki Rental Co., Ltd.,
Akita Narasaki Rental Co., Ltd. and Aomori Narasaki Rental Co., Ltd.
into subsidiaries - 2009|07
- Established KANAMOTO (HK) CO., LTD. (Hong Kong Special Administrative Region)
-
KANAMOTO (HK) Co., Ltd. - 2009|09
- Completed absorption-type merger of Kyokuto Lease Co., Ltd.
2001
Terrorist attack in the United States on 9/11
2002
12 EU countries introduced the euro as a uniform currency
World Cup soccer tournament hosted jointly by Japan and South Korea
2003
Japan Post established
Act on the Protection of Personal Information enacted
2004
Kyushu Shinkansen opened
2005
Kyoto Protocol for prevention of global warming went into effect
Aichi Expo (Expo 2005 Aichi) opened
Act on the Protection of Personal Information enforced
Ban on full payoff of bank deposits lifted
2006
Companies Act enforced
2008
Financial crisis triggered by subprime loans in the U.S.
(Lehman Brothers Holdings bankruptcy)
2010
- 2010|06
- Completed absorption-type merger of Narasaki Lease Co., Ltd. and Aomori Narasaki Rental Co., Ltd
- 2011|02
- Established Kanamoto & JP Nelson Equipment (S) PTE. Ltd. in Singapore through a joint venture with a local firm
-
Kanamoto & JP Nelson Equipment (S) PTE. Ltd. - 2011|08
- Initiated absorption-type merger with SRG Kanamoto Co., Ltd. (completed in November 2011)
- 2012|06
- Converted Unite Co., Ltd. into a subsidiary
-
Unite Co., Ltd. focuses on
information-aided construction - 2012|11
- KG Machinery Co., Ltd. and Flowtechno Corporation merged and changed their name to KG Flowtechno Co., Ltd.
-
KG Flowtechno Co., Ltd. is a leader in foundation and ground improvement - 2013|10
- Increased capital through public offering (2.8 million shares)
- Increased capital by way of third-party allotment (420,000 shares)
- 2014|01
- Changed stock trading unit size from 1,000 shares to 100 shares
2010
Expo 2010 Shanghai held
2011
Great East Japan Earthquake and nuclear accident at Tokyo Electric Power Company's Fukushima Dai-ichi reactor
Nadesico Japan wins FIFA Women's World Cup championship
2013
Ban on Internet election campaign activities lifted
Mt. Fuji registered as a World Heritage site
Japan's participation in TPP negotiations formally decided
Tokyo selected as the site of the 2020 Summer Olympics and Paralympic Games