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Consolidated Financial Statements for the Three Quarter Period Ended December 31, 2006

1. Consolidated business results for the three quarter period from April 1, 2006 to December 31, 2006

Unit: Millions of yen
  Sales Operating Income Net Income
Three quarter period ended December 31, 2006 100,659 (16.5%) 8,777 (39.6%) 5,826 (39.0%)
Reference: Full year term ended March 31, 2006 120,872 8,017 5,601

Note: Listed values less than one million yen are rounded off.
Percentage indications of sales, operating income and net income show the ratio of increase or decrease, respectively, as compared with the same period of the previous year.

2. Outlook for consolidated business performance for the fiscal year from April 1, 2006 to March 31, 2007

Unit: Millions of yen
  Sales Operating Income Net Income
Full year term 137,000 12,300 7,400

Note: Listed values less than one million yen are rounded off. 
Forward-looking statements contained in this report are based on information available as of the date of this report. A variety of factors may cause actual results to differ from projections.

Business performance for the three quarter period ended December 31, 2006 has, in general, remained within the scope of our projections, and we have therefore made no revisions to our forecast for business results announced on November 10, 2006.

3. Outline for the three quarter period of fiscal year 2007

Domestic sales rose 109.5% compared with the same period of the previous year to 58,745 million yen, as sales of construction cranes increased on the back of replacement demand, while overseas sales rose 128.0% to 41,914 million yen due to surging sales of construction cranes in Middle Eastern and North American markets. As a consequence, total sales rose 116.5% to 100,659 million yen. 
On the profit side, ordinary income rose 137.4% to 9,360 million yen due to increased sales and improvements in the cost of sales ratio, and net income for the three quarter period rose 139.0% to 5,826 million yen.

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