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Presentation materials for financial results6294OKADA AIYON CORPORATIONMachinery

Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, domestic sales of demolition crushers declined, causing revenue, operating profit, ordinary profit and net income to fall below the year-earlier period. Overseas sales and supplementary materials and repair services increased, while the full-year earnings forecast remains unchanged.

Worth reading
75Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-182
¥ million (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202714 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥5,978 million-3.0%
Operating profit¥339 million-34.4%
Ordinary income¥376 million-26.3%
Net income¥216 million-33.9%
Selling, general and administrative expenses¥1,493 million
Results for the three months of the current quarter
Net Sales
¥5,978 million
Operating profit
¥339 million
Ordinary income
¥376 million
Net income
¥216 million
Full-year earnings forecast
Net Sales
¥28,500 million
Operating profit
¥2,500 million
Ordinary income
¥2,500 million
Net income
¥1,700 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales21.0%
Operating profit13.6%
Ordinary income15.1%
Net income12.8%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
  • Japan · Demolition crushers¥-312 million
  • Japan · Hydraulic breakers¥28 million
  • Japan · Grapples¥87 million
  • Japan · Environmental attachments¥-12 million
  • Japan · Other attachments¥26 million
  • Japan · Forestry machinery¥-83 million
  • Japan · Large environmental machinery¥-114 million
  • Japan · Cable cranes¥-20 million
  • Japan · Other machinery¥31 million
  • Japan · Supplementary materials and repairs¥96 million
  • Overseas · North America¥98 million
  • Overseas · Other than North America¥-9 million
Operating profit
  • Domestic gross profit¥-148 million
  • Domestic SG&A expenses¥-27 million
  • Overseas gross profit¥89 million
  • Overseas selling, general and administrative expenses¥-87 million
  • Adjustments¥-4 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rates used
  • Dollar: ¥150
  • Euro: ¥170
New initiatives
  • Preparing a planned price revision for core models
  • Deciding to revise supplementary materials prices
  • Strengthening approaches to designated service factories
  • Improving inventory visibility and developing KPIs
  • Trialing a new sales method in selected regions
  • Acquiring land adjacent to the Hiroshima Sales Office
  • Renewal of the Core Information System
  • Acquiring demonstration demolition crushers for overseas markets
Key KPIsA metric the company considers important as a management benchmark.
  • Domestic share of primary crushers52 %
  • Domestic share of secondary crushers45 %
  • Domestic share of steel cutters58 %
  • Domestic share of hydraulic breakers13 %
  • Overseas Revenue Mix28.8 %
  • Supplementary materials and repair revenue¥872 million+12.5%
Segment results
  • Domestic
    Net Sales¥4,255 million (YoY -6.0%)
    Operating profit¥250 million
  • Overseas expansion
    Net Sales¥1,722 million (YoY +5.5%)
    Operating profit¥94 million
  • Adjustments
    Operating profit¥-6 million
Medium-term management plan targets
Plan nameOnyx
Period CoveredFiscal years ending March 2027 to March 2029
Net Sales
Fiscal year ending March 2027¥28,500 million
Fiscal year ending March 2028¥31,000 million
Fiscal year ending March 2029¥34,000 million
Operating profit
Fiscal year ending March 2027¥2,500 million
Fiscal year ending March 2028¥2,900 million
Fiscal year ending March 2029¥3,400 million
Operating profit margin
Fiscal year ending March 20278.8%
Fiscal year ending March 20289.3%
Fiscal year ending March 202910.0%
ROE
Fiscal year ending March 20279.1%
Fiscal year ending March 20289.9%
Fiscal year ending March 202910.8%
Financial targets
ROE
Actual results for the fiscal year ending March 20268.5%
Fiscal year ending March 2027: plan9.1%
Plan for the fiscal year ending March 202910.8%
Market Size / Share
The global demolition attachment market is expected to grow at a CAGR of approximately 5.6% from 2023 to 2033, while the domestic market is expected to grow at a CAGR of 3.7%.
SharePrimary crushers 52%, secondary crushers 45%, steel cutters 58%, hydraulic breakers 13% (July 2025 to June 2026)
Orders received and order backlog
Not disclosed (index trends for orders received and outstanding orders by unit are provided)
Number of stores and locations
End of period19 domestic locations and 6 overseas locations (April 2026)
Number of employees
Number of Employees497 People consolidated, as of the end of March 2026
Capital expenditures
¥139 million actual for the first quarter of the fiscal year ending March 2027
Annual Dividend
Forecast for the fiscal year ending March 2027
Annual¥76
InterimScheduled to begin this fiscal year
Payout ratio
Target of 30% or higher
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥5,978 million (YoY -3.0%)
Operating profit¥339 million (YoY -34.4%)
Ordinary income¥376 million (YoY -26.3%)
Net income¥216 million (YoY -33.9%)
Selling, general and administrative expenses¥1,493 million
Results for the three months of the current quarterNet Sales ¥5,978 million / Operating profit ¥339 million / Ordinary income ¥376 million / Net income ¥216 million
Full-year earnings forecastNet Sales ¥28,500 million / Operating profit ¥2,500 million / Ordinary income ¥2,500 million / Net income ¥1,700 million
Progress against full-year forecastNet Sales 21.0% / Operating profit 13.6% / Ordinary income 15.1% / Net income 12.8%
Segment resultsSegment Domestic / Net Sales ¥4,255 million (YoY -6.0%) / Operating profit ¥250 million, Segment Overseas expansion / Net Sales ¥1,722 million (YoY +5.5%) / Operating profit ¥94 million, Segment Adjustments / Net Sales Not disclosed / Operating profit ¥-6 million
Breakdown of Factors Affecting the ChangeNet Sales Factors Japan · Demolition crushers / Amount ¥-312 million, Factors Japan · Hydraulic breakers / Amount ¥28 million, Factors Japan · Grapples / Amount ¥87 million, Factors Japan · Environmental attachments / Amount ¥-12 million, Factors Japan · Other attachments / Amount ¥26 million, Factors Japan · Forestry machinery / Amount ¥-83 million, Factors Japan · Large environmental machinery / Amount ¥-114 million, Factors Japan · Cable cranes / Amount ¥-20 million, Factors Japan · Other machinery / Amount ¥31 million, Factors Japan · Supplementary materials and repairs / Amount ¥96 million, Factors Overseas · North America / Amount ¥98 million, Factors Overseas · Other than North America / Amount ¥-9 million / Operating profit Factors Domestic gross profit / Amount ¥-148 million, Factors Domestic SG&A expenses / Amount ¥-27 million, Factors Overseas gross profit / Amount ¥89 million, Factors Overseas selling, general and administrative expenses / Amount ¥-87 million, Factors Adjustments / Amount ¥-4 million
Key KPIsIndicator name Domestic share of primary crushers / Value 52 %, Indicator name Domestic share of secondary crushers / Value 45 %, Indicator name Domestic share of steel cutters / Value 58 %, Indicator name Domestic share of hydraulic breakers / Value 13 %, Indicator name Overseas Revenue Mix / Value 28.8 %, Indicator name Supplementary materials and repair revenue / Value ¥872 million / yoy_pct ¥12.5 million
Number of stores and locationsEnd of period 19 domestic locations and 6 overseas locations (April 2026) / Number of store openings and closures during the period Not disclosed
Number of employeesNumber of Employees 497 People (consolidated, as of the end of March 2026) / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business OutlookAverage exchange rates used Dollar: ¥150, Euro: ¥170
Medium-term management plan targetsPlan name Onyx / Period Covered Fiscal years ending March 2027 to March 2029 / Net Sales Fiscal year ending March 2027 ¥28,500 million / Fiscal year ending March 2028 ¥31,000 million / Fiscal year ending March 2029 ¥34,000 million / Operating profit Fiscal year ending March 2027 ¥2,500 million / Fiscal year ending March 2028 ¥2,900 million / Fiscal year ending March 2029 ¥3,400 million / Operating profit margin Fiscal year ending March 2027 8.8% / Fiscal year ending March 2028 9.3% / Fiscal year ending March 2029 10.0% / ROE Fiscal year ending March 2027 9.1% / Fiscal year ending March 2028 9.9% / Fiscal year ending March 2029 10.8%
Financial targetsROE Actual results for the fiscal year ending March 2026 8.5% / Fiscal year ending March 2027: plan 9.1% / Plan for the fiscal year ending March 2029 10.8%
Annual DividendForecast for the fiscal year ending March 2027 Annual ¥76 / Interim Scheduled to begin this fiscal year / End of period Not disclosed
Payout ratioTarget of 30% or higher
Capital expenditures¥139 million (actual for the first quarter of the fiscal year ending March 2027)
Orders received and order backlogNot disclosed (index trends for orders received and outstanding orders by unit are provided)
Market Size / ShareMarket Size The global demolition attachment market is expected to grow at a CAGR of approximately 5.6% from 2023 to 2033, while the domestic market is expected to grow at a CAGR of 3.7%. / Share Primary crushers 52%, secondary crushers 45%, steel cutters 58%, hydraulic breakers 13% (July 2025 to June 2026)
New initiativesPreparing a planned price revision for core models, Deciding to revise supplementary materials prices, Strengthening approaches to designated service factories, Improving inventory visibility and developing KPIs, Trialing a new sales method in selected regions, Acquiring land adjacent to the Hiroshima Sales Office, Renewal of the Core Information System, Acquiring demonstration demolition crushers for overseas markets
Items this document does not state (7)
Gross Profit MarginOperating profit marginSelf-assessment against the planUnit price and quantity metricsRisk amount incorporated into the outlookAcquisition of treasury sharesKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The primary factor was a decline in domestic demolition crusher sales due to the situation in the Middle East, construction delays and customers holding back on purchases. Overseas revenue increased as growth in North America, supported by easing inventory adjustments, and expansion in Asia more than offset lower revenue in Europe due to restrained investment.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027 | OKADA AIYON CORPORATION (6294) timely disclosure | Komori