May 8, 2014
Kazuya Takahashi, Representative Director, President, COO Kyokuto Kaihatsu Kogyo Co., Ltd.
6-1-45, Koshienguchi, Nishinomiya-shi,
Hyogo Pref., Japan
To all those who are concerned:

Announcement of a revision of the "Next Step 2015"

management targets

The Kyokuto Kaihatsu Group has been working as one for the improvement of corporate value under the medium-term management plan "Next Step 2015" - To make the next step forward
- (3-year plan) since April 1, 2013.
In this plan, we set management targets of sales of 89,000 million yen and operating profit of
7,000 million yen on a consolidated base for the term ending March 2016, the last fiscal year of the plan. However, while demand in our core special purpose vehicles business has trended at levels higher than we assumed, we achieved these targets in the first year of the plan as a result of the Group making a concerted effort to secure orders and handle production.
We have thus revised the management targets for the final fiscal year of the plan as follows
towards the further expansion of the Kyokuto Kaihatsu Group.
(million yen)

T erm ending M arch 2016

Increase in amount

Rate of increase

Before revision

After revision

Increase in amount

Rate of increase

Consolidated net sales

89,000

95,000

6,000

6.7%

Consolidated op erat ing p rofit

7,000

8,200

1,200

17.1%

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