KITO Corp. - Company Outline

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Outline

Company Name	KITO CORP.
Yamanashi Headquarters	2000, Tsuijiarai, Showa-cho, Nakakoma-gun, Yamanashi 409-3853, Japan
Tokyo Headquarters	Tokyo Operacity Tower 16F,3-20-2 Nishi-shinjuku,Shinjuku-ku,Tokyo 163-1416,Japan
President	Yoshio Kito
Established	Jul. 1944 (started Nov. 1932)
Number of employees	Non-consolidated : 623　Consolidated : 1,541 (31 March, 2010)
Capital	3,976 million
Net Sales(Mar.2010)	Non-consolidated 14,682 million Consolidated 23,925 million
Outstanding Shares	135,241
Identification Code	6409(TSE First Section)
Fiscal year-end	March

Businesses Activities

1.	Manufacturing; Construction; Sales; Repair and Maintenance of material handling equipment and their facilities.
2.	Engineering and Construction Management.
3.	Relevant and auxiliary work related to the above.

Company Philosophy
Kito's Mission: To Deliver Unmatched Satisfaction to Our Customers Kito is committed to providing the safest, most supportive products and services at material handling sites throughout the world on behalf of our customers. We vow to evolve, adapt and always place the needs of our customers first. We believe accomplishing Kito’s mission will deliver satisfaction to all Kito team members and contribute to the prosperity of all stakeholders. Kito's Quality: The First Desire of All Kito Team Members Kito understands that meeting customer’s needs is our reason for existence as a company. We will not rest in our pursuit of meeting those needs with superior product, service, value, and by overcoming severe cost constraints. Our desire is to always provide the safest, user-oriented, environmental-friendly and most valuable products for our customers. Kito's quality is accomplished by our dedication to customer satisfaction. Kito's Innovation: To Create Change and Always Challenge Kito constantly improves products, systems and services so that Kito will always remain a leader in the industry. We highly value and support our team members that create new solutions for our customers and those that focus on our long term goals. Kito team members own our innovation. Kito's Value: Honesty, Truth, Pride and Gratitude Kito team members are always honest with customers, faithful in our work, and true to themselves. Furthermore, we must have pride in our work, in our behavior, and in our company, and should be supportive of, and grateful to, all Kito supporters.

Company Philosophy

Kito's Mission: To Deliver Unmatched Satisfaction to Our Customers
Kito is committed to providing the safest, most supportive products and services at material handling sites throughout the world on behalf of our customers. We vow to evolve, adapt and always place the needs of our customers first.
We believe accomplishing Kito’s mission will deliver satisfaction to all Kito team members and contribute to the prosperity of all stakeholders.

Kito's Quality: The First Desire of All Kito Team Members
Kito understands that meeting customer’s needs is our reason for existence as a company. We will not rest in our pursuit of meeting those needs with superior product, service, value, and by overcoming severe cost constraints. Our desire is to always provide the safest, user-oriented, environmental-friendly and most valuable products for our customers.
Kito's quality is accomplished by our dedication to customer satisfaction.

Kito's Innovation: To Create Change and Always Challenge
Kito constantly improves products, systems and services so that Kito will always remain a leader in the industry. We highly value and support our team members that create new solutions for our customers and those that focus on our long term goals.
Kito team members own our innovation.

Kito's Value: Honesty, Truth, Pride and Gratitude
Kito team members are always honest with customers, faithful in our work, and true to themselves. Furthermore, we must have pride in our work, in our behavior, and in our company, and should be supportive of, and grateful to, all Kito supporters.

Action Guidelines
KITO team members are expected act with the following principles. - Think, judge and take actions to "maximize customer trust" and become our customers' first choice. - Innovate without compromising on "quality" and "costs". - Make the best use of the knowledge and experience of our team (organization), rather than depending only on individual ability, and pursuit the best goals through teamwork. - Always pursue higher goals without fear of failure. Our people shall encourage and support each other. - Always take faithful, responsible action and be grateful for our opportunities.

Action Guidelines

KITO team members are expected act with the following principles.

- Think, judge and take actions to "maximize customer trust" and become our customers' first choice.

- Innovate without compromising on "quality" and "costs".

- Make the best use of the knowledge and experience of our team (organization), rather than depending only on individual ability, and pursuit the best goals through teamwork.

- Always pursue higher goals without fear of failure. Our people shall encourage and support each other.

- Always take faithful, responsible action and be grateful for our opportunities.

Organization Pursued by Kito
Kito strives to be a community of diverse people and ideas, working in concert with one another in an atmosphere of open ideas. We work hard and collaborate in a team environment where the customer is placed first in our responsibilities. We highly regard those individual and team efforts that reward all our stakeholders.

Organization

Leadership

Directors and Auditors

President & CEO	Yoshio Kito
Senior Managing Director	Hiroshi Nomura
Director	Tsuneo Yuzurihara
Director	Hajime Ito
Director	Kazuhiro Yamada
Director	Keizo Tannawa
Director	Katsumori Matsushima
Standing Auditor	Tomio Kobayashi
Auditor	Masatoshi Yasunaga
Auditor	Kiyohito Hamada

Executive Officer

President & CEO	Yoshio Kito
Senior Executive Officer & GM (Corporate Management Div.)	Hiroshi Nomura
Executive Officer & GM (Development & Technology Div. & Manufacturing Div.)	Tsuneo Yuzurihara
Executive Officer & GM (International Sales Div.)	Hajime Ito
Executive Officer & GM (Domestic Sales Div.)	Toshio Kono
Executive Officer (Quality Assurance)	Hiroki Tanaka
Executive Officer (Market Development)	Masaru Hiranuma
Executive Officer (Market Development)	Tsutomu Hashimoto
Executive Officer (Business Process Reengineering)	Yoshio Yanai
Executive Officer (China Business)	Masatsugu Ukawa
Executive Officer (Harrington Hoists, Inc. President & CEO)	Edward W.Hunter
Executive Officer (JIANGYIN KITO CRANE CO., LTD General Manager)	Huang Longlin

History

1932	Established The Kito Manufacturing Company in Omori, Tokyo.
1945	HeadQuarters moved to Nakanoshima, Kawasaki.
1947	Developed LEVER HOIST, the first device of its kind in Japan.
1958	Developed 58Model ELECTRIC CHAIN HOIST.
1965	Developet MONO LIFT PLANT, the ideal automated warehouse.
1970	Changed Corporate name to KITO CORPORATION.
1980	Developed CHAIN SLING, using the world's strongest 1000N/mm² chain.
1981	Developed AUTO CRANE.
1982	Developed M3 Model Chain Hoist, installed with 1000N/mm² chain.
1983	Headquarters was moved from Kawasaki to Showa-cho, Yamanashi.
1988	Developed VACUUM HAND, with improved material handling efficiency.
1990	Established HARRINGTON HOISTS INC. in the U.S.
1992	Completed Tokyo Headquarters Bldg.
1993	Established KITO CANADA INC. in BC, Canada.
1995	Established JIANGYIN KITO CRANE CO., LTD. in China.
1996	Established KITO PHILIPPINES INC. in The Philippines.
1997	Established SIAM KITO CO., LTD. in Thailand.
1998	Developed ER series ELECTRIC CHAIN HOIST.
1998	Awarded with The ISO9001 Certificate.
2001	Awarded with The ISO14001 Certificate.
2003	Accepted capital participation from The Carlyle Group.
2003	Developed KITO LEVER HOIST LX.(Gold Prize winner of Good Design Award)
2004	Established SHANGHAI KITO TRADING CO., LTD. in China.
2004	Assigned Logistics System Division to Daifuku Co.,Ltd.
2005	Tokyo headquarters was moved to Tokyo Operacity Tower in Shinjuku-ku from Shibuya-ku.
2005	Completed new factory of JIANGYIN KITO CRANE CO.,Ltd. in China.
2006	Established KITO EUROPE GmbH in Germany.
2006	Developed KITO CHAIN HOIST CX.
2007	Went public on the First Section of the Tokyo Stock Exchange.
2007	Developed ER2 series ELECTRIC CHAIN HOIST.
2008	Completed new factory of SIAM KITO CO.,LTD. in Thailand
2008	Got Good Design Award, FY 2008 for KITO CHAIN HOIST CX Established KITO KOREA CO., LTD. In Korea
2010	Business and Capital Alliance with Konecranes Plc (Finland).

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