Consolidated Financial Statements for the First Quarter Period Ended June 30, 2006

1. Consolidated business results for the first quarter period from April 1, 2006 to June 30, 2006

Unit: Millions of yen

	Sales	Operating Income	Net Income
First quarter period ended June 30, 2006	30,705 (14.1%)	2,881 (47.5%)	1,976 (55.4%)
First quarter period ended June 30, 2005	26,906	1,953	1,272
Reference: Full year term ended March 31, 2005	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. Revised outlook of 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	134,000	11,000	6,700

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.

3. Outline for the first quarter of the current fiscal year

Overall sales in the domestic market remained favorable and sales of construction cranes in particular demonstrated steady growth due to replacement demand. As a result, domestic sales rose to 18,338 million yen, up 7.0%, compared with the same period of the previous year.

In overseas markets, sales increased 26.7% to 12,366 million yen due to growing sales in the Middle East, Europe and North America.

Consequently, total sales for the first quarter period of this fiscal year posted 30,705 million yen, a 14.1% rise compared with the same period of the previous year.

On the profit side, ordinary income rose 43.1% to 3,004 million yen due to increased sales and improvements in the cost of sales ratio, and net income for the first quarter period jumped 55.4% to 1,976 million yen.