Since its inception in 1932, by Miyoshi Kito, the company has evolved into a manufacturer specialised in material handling equipment with a comprehensive business scope encompassing the development, production, sales and post-sales servicing of hoists and cranes.
In the 1990s, it set out to expand its horizons beyond Japan by rolling out global businesses in North America, China, South East Asia, Europe and other regions.
Although Kito shares were delisted from the exchange temporarily in 2003 as a result of the MBO in collaboration with the Carlyle Group, a variety of subsequent undertakings have boosted its corporate value, which, in turn, has led to this listing.
Kito’s successful listing owes much to the then-shareholders, who supported the decision to delist the shares, as well as all stakeholders, who have continued their support and assistance to the company subsequent to the delisting. “I extend my deepest gratitude to them,” said Yoshio Kito, president and CEO.
