Consolidated Financial Highlights
| Millions of yen | Thousands of U.S. dollars (Note) |
||
|---|---|---|---|
| April 30, 2014 | April 30, 2015 | April 30, 2015 | |
Consolidated operating results |
|||
| Net sales | ¥ 64,212 | ¥ 68,307 | $ 574,014 |
| Operating income | 10,072 | 10,652 | 89,520 |
| Ordinary income | 9,860 | 10,655 | 89,545 |
| Net income | 5,651 | 6,528 | 54,858 |
| Comprehensive income | 6,228 | 7,283 | 61,205 |
Consolidated financial position |
|||
| Total assets | 180,252 | 201,700 | 1,694,963 |
| Shareholders’ equity | 62,119 | 72,062 | 605,564 |
| Shareholders’ equity ratio | 33.3% | 34.5% | 34.5% |
Consolidated cash flows |
|||
| Net cash provided by (used in) operating activities | 16,668 | 17,596 | 147,872 |
| Net cash provided by (used in) investing activities | -2,456 | -1,842 | -15,484 |
| Net cash provided by (used in) financing activities | -13,509 | -12,051 | -101,272 |
| Cash and cash equivalents at end of period | 33,672 | 35,692 | 299,938 |
Information per share |
Yen | U.S. dollars (Note) | |
|---|---|---|---|
| Net income | ¥ 156.82 | ¥ 181.14 | $ 1.52 |
| Dividends per share | 15.00 | 15.00 | 0.13 |
Financial Topics
Net Sales
Net sales were higher than in the prior fiscal year as a result of several factors. These included, in addition to expenditures on public works projects such as earthquake restoration works, disaster countermeasure works and projects related to infrastructure, all of which remained robust, a rising trend in private sector capital investment based on the brighter corporate earnings picture, as well as the progress made in selling used construction equipment based on Kanamoto's initial plan.
Earnings
Operating income, ordinary income and net income all exceeded prior period results. In addition to efforts to maintain or improve equipment utilization rates by moving and positioning construction equipment and parts in the Tohoku Region, where demand remains at a high-level, measures pursued by Kanamoto to strengthen its business structure and financial position based on its Medium-term Management Plan (FY2014-FY2016) were successful.
