Consolidated Financial Highlights

	Millions of yen		Thousands of U.S. dollars (Note)
	April 30, 2012	April 30, 2013	April 30, 2013
Consolidated operating results
Rental revenues and sales of goods	¥40,012	¥54,733	$558,965
Operating income	3,554	6,751	68,944
Ordinary income	3,297	6,714	68,568
Net income	1,776	3,716	37,954
ROE	4.5%	8.3%
Consolidated financial position
Total assets	125,597	151,668	1,548,907
Shareholders’ equity	39,227	46,376	473,613
Shareholders’ equity ratio	30.8%	29.5%
Shareholders’ equity per share (yen)	1,178.92	1,362.31	13,912
Consolidated cash flows
Cash flow from operating activities	9,562	11,198	114,368
Cash flow from investing activities	-226	-159	-1,626
Cash flow from financing activities	-5,027	-4,796	-48,983
Balance of cash and equivalents at end of the period	24,657	26,045	265,986

Information per share of common stock	Yen		U.S. dollars (Note)
Net income	¥54.10	¥113.20	$1.15
Dividends per share	10.00	10.00	0.10

Note: U.S. dollar amounts have been translated from yen for convenience only, at the rate ¥97.92=US $1, the approximate exchange rate on April 30, 2013.

Financial Topics

Revenues

In addition to government construction investment, which is following an upward trend centered mainly on public works for earthquake restoration and recovery and on nationwide disaster prevention and disaster mitigation works, the Kanamoto Group worked to strengthen the collaboration among Group firms and increase transactions with alliance firms, and executed measures to forge an organization capable of demonstrating synergistic effects throughout the entire Group, all of which helped to greatly increase revenues.

Earnings

Operating income, ordinary income and net income all substantially exceeded the level in the interim period of the prior fiscal year. This reflected thorough measures taken to analyze, improve and increase the efficiency of current business activities and processes, and our efforts to strengthen earnings by maintaining a single-minded focus on comprehensive cost reductions.