Wakita & Co.,LTD.

WAKITA is a corporate group whose principal businesses are construction equipment, trading, and real estate. Key financial metrics for the interim period were net sales of ¥48,788 million, up 9.2% year on year; operating profit of ¥2,670 million, up 4.4%; ordinary profit of ¥2,753 million, up 4.6%; and interim net income attributable to owners of the parent of ¥1,589 million, down 7.2%. By segment, the Construction Equipment Business reported net sales of ¥37,794 million and segment profit of ¥1,128 million; the Trading Business reported net sales of ¥8,153 million and segment profit of ¥495 million; and the Real Estate Business reported net sales of ¥2,840 million and segment profit of ¥962 million. Total assets at the end of the interim period were ¥139,737 million, and the equity ratio was 69.1%. Cash and cash equivalents at the end of the interim period stood at ¥11,049 million.