fy2015 interium business report tse : 6409 kito …the graph incorporates the share splits. 0 5 10...
TRANSCRIPT
FY2015 INTERIUM BUSINESS REPORTApril 1-September 30, 2015
Tokyo Central Rolling Stock Center of East Japan Railway Co.See "Topics" for details.
To Our Shareholders
Consolidated Financial Highlights
Kito FAQ
Topics: Kito Products at Work
Kito Shares and Dividends
TSE : 6409
KITO CORPORATION
Kito Corporation9th floor, Shinjuku NS Bldg., 2-4-1 Nishi-shinjuku, Shinjuku-ku, Tokyo 163-0809 Tel: +81-3-5908-0161
Tokyo head office
2000 Tuiji Arai, Showa-cho, Nakakoma-gun, Yamanashi Prefecture 409-3853 Tel: +81-55-275-7521
Main Plant
Recorded dates Ordinary shareholders meeting: March 31 Year-end dividend: March 31 Interim dividend: September 30
Other dates as needed based on decisions following public notice
http://www.kito.com/ir/
Shareholder Memo Video of financial settlement briefing
Information via online media
The photo highlights the production floor of a leading German automotive parts maker based in Bayern. This plant handles many key automotive parts, like chain-link plates and shafts. The coiled materials (see picture) are as tall as a man and weigh 1.8 tonnes each, and operators use a system of ER2 electric chain hoists to move them. The customer greatly appreciates the ER2 for its excellent durability and standard variable frequency drive to reduce load vibration. Our timely delivery offer led to the order.
China has become one of the world's largest automobile markets. The state-run automaker uses Kito ER chain hoists on its cleaning line, just before the car bodies are painted. Its built-in variable frequency drive allows opera-tors to control the speed of the ER2 to best
Kito electric chain hoists at work on the cleaning line of a leading Chinese automaker
Feeling Safe and Confident! Kito products at work in train-car maintenance
East Japan Railway Co. maintains train cars operat-ing in metro Tokyo at its Tokyo Central Rolling Stock Center, one of the largest maintenance facilities in eastern Japan. Engineers with high technical skills and rich experience inspect and maintain train cars, paying close attention. Kito's ER2 and ED electric chain hoists are used to replace connect-ing bellows and parts and handle parts in the stockyard.
suit conditions on each line and raise produc-tion efficiency. Kito chains feature excellent resistance to wear and corrosion, a powerful advantage in severe environments like this cleaning line.
Safe, Durable Products Delivered Quickly We won orders for electric hoists from a German automotive parts maker
The service provides many rare scenes you could not otherwise see about Kito products at work. We've made Kito fans all over the world.
The Kito company profile and manufacturing philosophy are laid out in easy-to-understand video presentations.
SearchKito IR
5 5
5 5
Yoshio Kito, President and CEO
To Our Shareholders Let me express my sincere gratitude for your continuing support.We ended the second quarter of fiscal 2015 with signifi-cant growth in both sales and profit as we successfully seized demand related to private-sector equipment investment in Japanese market while enjoying the positive effects of last year's acquisition of Peerless Industrial Group of the US. However, the economic environment and market situation surrounding Kito brings increasing uncertainty every day. This fiscal year ends the current five-year business plan. When the plan began we expected that the Chinese and Asian markets would drive group earnings. As the slowing of the Chinese economy and its impact on investment demand in the rest of Asia became evident, Kito shifted resources toward North American operations for growth potential, while cautiously continuing operations in emerging markets. As a result, North America accounted for roughly half of group sales for the period. Recently, however, falling oil prices are discouraging investment in the energy sector, not just in North America but in the rest of the world as well, and the strong dollar is weighing down US manufacturers. Kito will keep an eye on market trends and continue pushing forward with regional and product strategies to take advantage of growth opportu-nities in the global market. We will stay on the growth path we've been following and work to achieve the goals set out in our mid-term business plan and beyond.
←The November 18 briefing is available for viewing.
In Japan, demand related to equipment investment remained robust, and in the Americas, sales grew significantly as a result of the acquisition.
▶ DividendAs planned, for the second quarter we will offer 14 yen as the interim dividend and forecastect a 14-yen end-of-term dividend.
Notes:
* Ordinary shares split by 100 effective April 1, 2013.
* Ordinary shares by 2 effective October 1, 2014.
The graph incorporates the share splits.
0
5
10
15
20
25
30
March 2012 March 2014 March 2016 (forecast)
10yen（38.9％）
March 2013
10yen（25.2％）
7.5
12.5
14.0
20yen（21.9％）
March 2015
12.5
12.5
25yen（32.3％）
Annual dividend (payout ratio)
Year-end dividendInterim dividend
0
10,000
17,657
41,855
49,968
25,809
60,000(forecast)
18,40020,000
30,000
40,000
50,000
60,000
70,000
(Million yen)
March 2014 March 2015 March 2016
Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year
0
500
744
2,361
2,026
568
3,000(forecast)
504
1,000
1,500
2,000
2,500
3,000
3,500
(Million yen)
March 2014 March 2015 March 20160
1,000
4,0063,395
1,505
5,500(forecast)
855
2,000
3,000
4,000
5,000
6,000
8,000
7,000
(Million yen)
March 2014 March 2015 March 2016
1,166
14.0
28yen（25.7％）
Demand related to private-sector equipment investment remains robust, and we hope to carry on the positive trend in operations. On top of the generally strong orders for electric products and cranes, we see demand rising for manual hoists for public works, construction and civil engineering.
Despite continuing economic slowing and consequent falling demand, we managed good year-on-year growth in yen-denominated sales due to exchange-rate effects. We will work to tighten cost-control and secure the current profit level.
Despite cautious investment in energy and related industries and signs of a stronger dollar impacting manufacturers, we saw major growth in consolidated sales thanks to the contribution of the Peerless Industrial Group. Operations other than Peerless are also solid.
As the region's investment demand hasn't begun to recover from slowing following on the slowing Chinese economy, we will tighten profit control and enhance maintenance and other service operations.
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
(Million yen) 12,800(forecast)
5,520
11,702
5,182
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
(Million yen) 30,500(forecast)
21,888
6,151
6,000
5,000
4,000
3,000
2,000
1,000
0
(Million yen) 5,700(forecast)10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
(Million yen)
8,300(forecast)8,198
4,073
5,676
1,796
Stock analyst
Q
A
Kito FAQSales
Japan ChinaAmericas Asia
Quarterly net income to parentOperating Income
Sales grew by 40.3% and profit by 76% year-on-year.
Many companies seem to be anticipating a drop in demand in China due to the slowing economy. How about Kito?
The China operation is a challenge, as hoist demand has shrunk by 40% from its peak there. However, Kito has sustained a double-digit operating profit margin by making personnel costs variable and tightening cost-control. The market contraction and industry reorganization has worked in favor of Kito, which grew its share of the Chinese market on positive custom-er evaluation of its high product quality.
Individual investor
Q
A
What is Kito's thinking in returning profits to investors?
We set dividends by taking all necessary factors into consideration, from consolidated earnings to the financial situation. We maintain sufficient internal reserves to ensure our financial health and address growth opportunities by investing in global operations. We have set a goal of over 20% as a consolidated payout ratio, and continue returning profits to shareholders.
Individual investor
Q
A
What is Kito doing to improve investor relations?
To build an environment where individual investors find it easier to invest in Kito, we organized a stock split on October 1, 2014. To make the firm more visible to individual inves-tors, we make video recordings of our general shareholders meetings and biannual briefings on financial settlements, and make them available online. Our management team visited European and Asian institutional investors in August and September as Kito's first such mission abroad. We are also increasing our exposure to institu-tional investors worldwide by adding English-language content to our website with simultaneous interpretation. We will continue putting effort into IR activities to expand our investor base and increase stock liquidity.
Institutional investor
Q
A
Are you seeing specific synergis-tic effects from chain-maker Peerless Industrial, which you acquired in 2014?
The purpose of our acquisition in the US has been to enhance North American operations by broadening the chain line and the raising efficiency of chain production. Synergistic effects from the broader product line are becoming evident in sales in Canada. We have been conducting technical discussions on raising production efficiency, and will specifically include those results in the next mid-term business plan.
Individual investor
Q
A
Where are Kito products used? Specifically who are your major customers and what are their businesses?
Kito products are used for all sorts of purposes, as they lift, transport and fix heavy objects. Our sales do not depend on any specific company, industry, region or country. The need to handle heavy objects is everywhere, from inside manufacturing plants, warehouses or any existing structure, to outdoor worksites for construction, civil engineering, resource excava-tion and agricultural production. All industries are Kito’s customers.
Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year
March 2016 March 2015 March 2015March 2016 March 2016 March 2015 March 2016March 2015
Dividend
Consolidated Financial Highlights
Regional Operations and Forecastected Sales for FY2015
12,853 2,0824,159
Here we answer questions frequently asked by our shareholders, individual investors, stock analysts and institutional investors for everyone to better under-stand Kito.
year-on-yearup 40.3％
year-on-yearup 76.0％
year-on-yearup 12.7％
5 5
5 5
Yoshio Kito, President and CEO
To Our Shareholders Let me express my sincere gratitude for your continuing support.We ended the second quarter of fiscal 2015 with signifi-cant growth in both sales and profit as we successfully seized demand related to private-sector equipment investment in Japanese market while enjoying the positive effects of last year's acquisition of Peerless Industrial Group of the US. However, the economic environment and market situation surrounding Kito brings increasing uncertainty every day. This fiscal year ends the current five-year business plan. When the plan began we expected that the Chinese and Asian markets would drive group earnings. As the slowing of the Chinese economy and its impact on investment demand in the rest of Asia became evident, Kito shifted resources toward North American operations for growth potential, while cautiously continuing operations in emerging markets. As a result, North America accounted for roughly half of group sales for the period. Recently, however, falling oil prices are discouraging investment in the energy sector, not just in North America but in the rest of the world as well, and the strong dollar is weighing down US manufacturers. Kito will keep an eye on market trends and continue pushing forward with regional and product strategies to take advantage of growth opportu-nities in the global market. We will stay on the growth path we've been following and work to achieve the goals set out in our mid-term business plan and beyond.
←The November 18 briefing is available for viewing.
In Japan, demand related to equipment investment remained robust, and in the Americas, sales grew significantly as a result of the acquisition.
▶ DividendAs planned, for the second quarter we will offer 14 yen as the interim dividend and forecastect a 14-yen end-of-term dividend.
Notes:
* Ordinary shares split by 100 effective April 1, 2013.
* Ordinary shares by 2 effective October 1, 2014.
The graph incorporates the share splits.
0
5
10
15
20
25
30
March 2012 March 2014 March 2016 (forecast)
10yen（38.9％）
March 2013
10yen（25.2％）
7.5
12.5
14.0
20yen（21.9％）
March 2015
12.5
12.5
25yen（32.3％）
Annual dividend (payout ratio)
Year-end dividendInterim dividend
0
10,000
17,657
41,855
49,968
25,809
60,000(forecast)
18,40020,000
30,000
40,000
50,000
60,000
70,000
(Million yen)
March 2014 March 2015 March 2016
Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year
0
500
744
2,361
2,026
568
3,000(forecast)
504
1,000
1,500
2,000
2,500
3,000
3,500
(Million yen)
March 2014 March 2015 March 20160
1,000
4,0063,395
1,505
5,500(forecast)
855
2,000
3,000
4,000
5,000
6,000
8,000
7,000
(Million yen)
March 2014 March 2015 March 2016
1,166
14.0
28yen（25.7％）
Demand related to private-sector equipment investment remains robust, and we hope to carry on the positive trend in operations. On top of the generally strong orders for electric products and cranes, we see demand rising for manual hoists for public works, construction and civil engineering.
Despite continuing economic slowing and consequent falling demand, we managed good year-on-year growth in yen-denominated sales due to exchange-rate effects. We will work to tighten cost-control and secure the current profit level.
Despite cautious investment in energy and related industries and signs of a stronger dollar impacting manufacturers, we saw major growth in consolidated sales thanks to the contribution of the Peerless Industrial Group. Operations other than Peerless are also solid.
As the region's investment demand hasn't begun to recover from slowing following on the slowing Chinese economy, we will tighten profit control and enhance maintenance and other service operations.
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
(Million yen) 12,800(forecast)
5,520
11,702
5,182
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
(Million yen) 30,500(forecast)
21,888
6,151
6,000
5,000
4,000
3,000
2,000
1,000
0
(Million yen) 5,700(forecast)10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
(Million yen)
8,300(forecast)8,198
4,073
5,676
1,796
Stock analyst
Q
A
Kito FAQSales
Japan ChinaAmericas Asia
Quarterly net income to parentOperating Income
Sales grew by 40.3% and profit by 76% year-on-year.
Many companies seem to be anticipating a drop in demand in China due to the slowing economy. How about Kito?
The China operation is a challenge, as hoist demand has shrunk by 40% from its peak there. However, Kito has sustained a double-digit operating profit margin by making personnel costs variable and tightening cost-control. The market contraction and industry reorganization has worked in favor of Kito, which grew its share of the Chinese market on positive custom-er evaluation of its high product quality.
Individual investor
Q
A
What is Kito's thinking in returning profits to investors?
We set dividends by taking all necessary factors into consideration, from consolidated earnings to the financial situation. We maintain sufficient internal reserves to ensure our financial health and address growth opportunities by investing in global operations. We have set a goal of over 20% as a consolidated payout ratio, and continue returning profits to shareholders.
Individual investor
Q
A
What is Kito doing to improve investor relations?
To build an environment where individual investors find it easier to invest in Kito, we organized a stock split on October 1, 2014. To make the firm more visible to individual inves-tors, we make video recordings of our general shareholders meetings and biannual briefings on financial settlements, and make them available online. Our management team visited European and Asian institutional investors in August and September as Kito's first such mission abroad. We are also increasing our exposure to institu-tional investors worldwide by adding English-language content to our website with simultaneous interpretation. We will continue putting effort into IR activities to expand our investor base and increase stock liquidity.
Institutional investor
Q
A
Are you seeing specific synergis-tic effects from chain-maker Peerless Industrial, which you acquired in 2014?
The purpose of our acquisition in the US has been to enhance North American operations by broadening the chain line and the raising efficiency of chain production. Synergistic effects from the broader product line are becoming evident in sales in Canada. We have been conducting technical discussions on raising production efficiency, and will specifically include those results in the next mid-term business plan.
Individual investor
Q
A
Where are Kito products used? Specifically who are your major customers and what are their businesses?
Kito products are used for all sorts of purposes, as they lift, transport and fix heavy objects. Our sales do not depend on any specific company, industry, region or country. The need to handle heavy objects is everywhere, from inside manufacturing plants, warehouses or any existing structure, to outdoor worksites for construction, civil engineering, resource excava-tion and agricultural production. All industries are Kito’s customers.
Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year
March 2016 March 2015 March 2015March 2016 March 2016 March 2015 March 2016March 2015
Dividend
Consolidated Financial Highlights
Regional Operations and Forecastected Sales for FY2015
12,853 2,0824,159
Here we answer questions frequently asked by our shareholders, individual investors, stock analysts and institutional investors for everyone to better under-stand Kito.
year-on-yearup 40.3％
year-on-yearup 76.0％
year-on-yearup 12.7％
5 5
5 5
Yoshio Kito, President and CEO
To Our Shareholders Let me express my sincere gratitude for your continuing support.We ended the second quarter of fiscal 2015 with signifi-cant growth in both sales and profit as we successfully seized demand related to private-sector equipment investment in Japanese market while enjoying the positive effects of last year's acquisition of Peerless Industrial Group of the US. However, the economic environment and market situation surrounding Kito brings increasing uncertainty every day. This fiscal year ends the current five-year business plan. When the plan began we expected that the Chinese and Asian markets would drive group earnings. As the slowing of the Chinese economy and its impact on investment demand in the rest of Asia became evident, Kito shifted resources toward North American operations for growth potential, while cautiously continuing operations in emerging markets. As a result, North America accounted for roughly half of group sales for the period. Recently, however, falling oil prices are discouraging investment in the energy sector, not just in North America but in the rest of the world as well, and the strong dollar is weighing down US manufacturers. Kito will keep an eye on market trends and continue pushing forward with regional and product strategies to take advantage of growth opportu-nities in the global market. We will stay on the growth path we've been following and work to achieve the goals set out in our mid-term business plan and beyond.
←The November 18 briefing is available for viewing.
In Japan, demand related to equipment investment remained robust, and in the Americas, sales grew significantly as a result of the acquisition.
▶ DividendAs planned, for the second quarter we will offer 14 yen as the interim dividend and forecastect a 14-yen end-of-term dividend.
Notes:
* Ordinary shares split by 100 effective April 1, 2013.
* Ordinary shares by 2 effective October 1, 2014.
The graph incorporates the share splits.
0
5
10
15
20
25
30
March 2012 March 2014 March 2016 (forecast)
10yen（38.9％）
March 2013
10yen（25.2％）
7.5
12.5
14.0
20yen（21.9％）
March 2015
12.5
12.5
25yen（32.3％）
Annual dividend (payout ratio)
Year-end dividendInterim dividend
0
10,000
17,657
41,855
49,968
25,809
60,000(forecast)
18,40020,000
30,000
40,000
50,000
60,000
70,000
(Million yen)
March 2014 March 2015 March 2016
Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year
0
500
744
2,361
2,026
568
3,000(forecast)
504
1,000
1,500
2,000
2,500
3,000
3,500
(Million yen)
March 2014 March 2015 March 20160
1,000
4,0063,395
1,505
5,500(forecast)
855
2,000
3,000
4,000
5,000
6,000
8,000
7,000
(Million yen)
March 2014 March 2015 March 2016
1,166
14.0
28yen（25.7％）
Demand related to private-sector equipment investment remains robust, and we hope to carry on the positive trend in operations. On top of the generally strong orders for electric products and cranes, we see demand rising for manual hoists for public works, construction and civil engineering.
Despite continuing economic slowing and consequent falling demand, we managed good year-on-year growth in yen-denominated sales due to exchange-rate effects. We will work to tighten cost-control and secure the current profit level.
Despite cautious investment in energy and related industries and signs of a stronger dollar impacting manufacturers, we saw major growth in consolidated sales thanks to the contribution of the Peerless Industrial Group. Operations other than Peerless are also solid.
As the region's investment demand hasn't begun to recover from slowing following on the slowing Chinese economy, we will tighten profit control and enhance maintenance and other service operations.
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
(Million yen) 12,800(forecast)
5,520
11,702
5,182
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
(Million yen) 30,500(forecast)
21,888
6,151
6,000
5,000
4,000
3,000
2,000
1,000
0
(Million yen) 5,700(forecast)10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
(Million yen)
8,300(forecast)8,198
4,073
5,676
1,796
Stock analyst
Q
A
Kito FAQSales
Japan ChinaAmericas Asia
Quarterly net income to parentOperating Income
Sales grew by 40.3% and profit by 76% year-on-year.
Many companies seem to be anticipating a drop in demand in China due to the slowing economy. How about Kito?
The China operation is a challenge, as hoist demand has shrunk by 40% from its peak there. However, Kito has sustained a double-digit operating profit margin by making personnel costs variable and tightening cost-control. The market contraction and industry reorganization has worked in favor of Kito, which grew its share of the Chinese market on positive custom-er evaluation of its high product quality.
Individual investor
Q
A
What is Kito's thinking in returning profits to investors?
We set dividends by taking all necessary factors into consideration, from consolidated earnings to the financial situation. We maintain sufficient internal reserves to ensure our financial health and address growth opportunities by investing in global operations. We have set a goal of over 20% as a consolidated payout ratio, and continue returning profits to shareholders.
Individual investor
Q
A
What is Kito doing to improve investor relations?
To build an environment where individual investors find it easier to invest in Kito, we organized a stock split on October 1, 2014. To make the firm more visible to individual inves-tors, we make video recordings of our general shareholders meetings and biannual briefings on financial settlements, and make them available online. Our management team visited European and Asian institutional investors in August and September as Kito's first such mission abroad. We are also increasing our exposure to institu-tional investors worldwide by adding English-language content to our website with simultaneous interpretation. We will continue putting effort into IR activities to expand our investor base and increase stock liquidity.
Institutional investor
Q
A
Are you seeing specific synergis-tic effects from chain-maker Peerless Industrial, which you acquired in 2014?
The purpose of our acquisition in the US has been to enhance North American operations by broadening the chain line and the raising efficiency of chain production. Synergistic effects from the broader product line are becoming evident in sales in Canada. We have been conducting technical discussions on raising production efficiency, and will specifically include those results in the next mid-term business plan.
Individual investor
Q
A
Where are Kito products used? Specifically who are your major customers and what are their businesses?
Kito products are used for all sorts of purposes, as they lift, transport and fix heavy objects. Our sales do not depend on any specific company, industry, region or country. The need to handle heavy objects is everywhere, from inside manufacturing plants, warehouses or any existing structure, to outdoor worksites for construction, civil engineering, resource excava-tion and agricultural production. All industries are Kito’s customers.
Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year Six months (Apr-Sep) Full year
March 2016 March 2015 March 2015March 2016 March 2016 March 2015 March 2016March 2015
Dividend
Consolidated Financial Highlights
Regional Operations and Forecastected Sales for FY2015
12,853 2,0824,159
Here we answer questions frequently asked by our shareholders, individual investors, stock analysts and institutional investors for everyone to better under-stand Kito.
year-on-yearup 40.3％
year-on-yearup 76.0％
year-on-yearup 12.7％
FY2015 INTERIUM BUSINESS REPORTApril 1-September 30, 2015
Tokyo Central Rolling Stock Center of East Japan Railway Co.See "Topics" for details.
To Our Shareholders
Consolidated Financial Highlights
Kito FAQ
Topics: Kito Products at Work
Kito Shares and Dividends
TSE : 6409
KITO CORPORATION
Kito Corporation9th floor, Shinjuku NS Bldg., 2-4-1 Nishi-shinjuku, Shinjuku-ku, Tokyo 163-0809 Tel: +81-3-5908-0161
Tokyo head office
2000 Tuiji Arai, Showa-cho, Nakakoma-gun, Yamanashi Prefecture 409-3853 Tel: +81-55-275-7521
Main Plant
Recorded dates Ordinary shareholders meeting: March 31 Year-end dividend: March 31 Interim dividend: September 30
Other dates as needed based on decisions following public notice
http://www.kito.com/ir/
Shareholder Memo Video of financial settlement briefing
Information via online media
The photo highlights the production floor of a leading German automotive parts maker based in Bayern. This plant handles many key automotive parts, like chain-link plates and shafts. The coiled materials (see picture) are as tall as a man and weigh 1.8 tonnes each, and operators use a system of ER2 electric chain hoists to move them. The customer greatly appreciates the ER2 for its excellent durability and standard variable frequency drive to reduce load vibration. Our timely delivery offer led to the order.
China has become one of the world's largest automobile markets. The state-run automaker uses Kito ER chain hoists on its cleaning line, just before the car bodies are painted. Its built-in variable frequency drive allows opera-tors to control the speed of the ER2 to best
Kito electric chain hoists at work on the cleaning line of a leading Chinese automaker
Feeling Safe and Confident! Kito products at work in train-car maintenance
East Japan Railway Co. maintains train cars operat-ing in metro Tokyo at its Tokyo Central Rolling Stock Center, one of the largest maintenance facilities in eastern Japan. Engineers with high technical skills and rich experience inspect and maintain train cars, paying close attention. Kito's ER2 and ED electric chain hoists are used to replace connect-ing bellows and parts and handle parts in the stockyard.
suit conditions on each line and raise produc-tion efficiency. Kito chains feature excellent resistance to wear and corrosion, a powerful advantage in severe environments like this cleaning line.
Safe, Durable Products Delivered Quickly We won orders for electric hoists from a German automotive parts maker
The service provides many rare scenes you could not otherwise see about Kito products at work. We've made Kito fans all over the world.
The Kito company profile and manufacturing philosophy are laid out in easy-to-understand video presentations.
SearchKito IR
FY2015 INTERIUM BUSINESS REPORTApril 1-September 30, 2015
Tokyo Central Rolling Stock Center of East Japan Railway Co.See "Topics" for details.
To Our Shareholders
Consolidated Financial Highlights
Kito FAQ
Topics: Kito Products at Work
Kito Shares and Dividends
TSE : 6409
KITO CORPORATION
Kito Corporation9th floor, Shinjuku NS Bldg., 2-4-1 Nishi-shinjuku, Shinjuku-ku, Tokyo 163-0809 Tel: +81-3-5908-0161
Tokyo head office
2000 Tuiji Arai, Showa-cho, Nakakoma-gun, Yamanashi Prefecture 409-3853 Tel: +81-55-275-7521
Main Plant
Recorded dates Ordinary shareholders meeting: March 31 Year-end dividend: March 31 Interim dividend: September 30
Other dates as needed based on decisions following public notice
http://www.kito.com/ir/
Shareholder Memo Video of financial settlement briefing
Information via online media
The photo highlights the production floor of a leading German automotive parts maker based in Bayern. This plant handles many key automotive parts, like chain-link plates and shafts. The coiled materials (see picture) are as tall as a man and weigh 1.8 tonnes each, and operators use a system of ER2 electric chain hoists to move them. The customer greatly appreciates the ER2 for its excellent durability and standard variable frequency drive to reduce load vibration. Our timely delivery offer led to the order.
China has become one of the world's largest automobile markets. The state-run automaker uses Kito ER chain hoists on its cleaning line, just before the car bodies are painted. Its built-in variable frequency drive allows opera-tors to control the speed of the ER2 to best
Kito electric chain hoists at work on the cleaning line of a leading Chinese automaker
Feeling Safe and Confident! Kito products at work in train-car maintenance
East Japan Railway Co. maintains train cars operat-ing in metro Tokyo at its Tokyo Central Rolling Stock Center, one of the largest maintenance facilities in eastern Japan. Engineers with high technical skills and rich experience inspect and maintain train cars, paying close attention. Kito's ER2 and ED electric chain hoists are used to replace connect-ing bellows and parts and handle parts in the stockyard.
suit conditions on each line and raise produc-tion efficiency. Kito chains feature excellent resistance to wear and corrosion, a powerful advantage in severe environments like this cleaning line.
Safe, Durable Products Delivered Quickly We won orders for electric hoists from a German automotive parts maker
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