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Presentation materials on financial results6395TADANO LTD.Machinery

Financial Results Briefing for the First Half of 2026 (January–June)

In the first half of FY2026, revenue and operating income exceeded the prior-year period, reflecting the contribution from the TIS acquisition, solid demand in North America, and a U.S. tariff refund. The full-year earnings forecast was maintained at the initial forecast, with the foreign exchange assumptions revised.

Worth reading
68In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
6707
Millions of yen (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials on financial resultsFirst half of FY2026 (January-June)9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥182,581 million+10.8%
Operating profit¥14,878 million
Operating profit margin8.1% (year-on-year change in percentage points: Not disclosed)
Full-year earnings forecast
Net Sales
¥400,000 million
Operating profit
¥25,000 million
EBITDA
¥35,000 million
ROIC
4.9 %
ROE
6.7 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Effect of the TIS acquisition
  • Refund of U.S. tariffs29 Hundred millions of yen
  • Solid North American market
  • Increase in overseas sales of TUL products
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • ¥158
    AssumptionsUSD exchange rate (from July onward)
  • ¥184
    AssumptionsEUR exchange rate (from July onward)
  • 12.5 %
    AssumptionsAdditional U.S. Section 301 tariffs
New initiatives
  • Established a subsidiary in the Philippines for contract design and development services
  • Started operations at TUL's Yahata Plant, expanding production capacity to 1.5 times the previous level
  • Started prototype production of intermediate blocks for German-produced CC lattice booms at TIS's Kure Plant
  • Integrated and reorganized the design division for jib climbing cranes into Tadano's Development Division
  • Plans to build large-scale assembly production facilities at TIS sites in Kagawa Prefecture
  • Rebuilding the European sales organization and expanding the product lineup
Key KPIsA metric the company considers important as a management benchmark.
  • Demand for construction cranes (total excluding China)8,240 Units+104.0%
  • Demand for construction cranes in North America740 Units+95.0%
  • Demand for construction cranes in the Middle East1,280 Units+81.0%
  • New orders
  • Order backlog
Medium-term management plan targets
Target a global business mix of 5:2:2 for construction, vehicle-mounted and aerial products. Target year: Not disclosed.
Financial targets
ROIC
Target4.9 %
ROE
Target6.7 %
Market Size / Share
  • Demand for construction cranes (total excluding China, first half of 2026)8,240 Units
    Year on year+104.0%
  • Demand for construction cranes in North America (first half of 2026)740 Units
    Year on year+95.0%
Capital expenditures
¥7,149 million
Payout ratio
30.7 %
Contents of this document
ItemDetails
Document typePresentation materials on financial results
Fiscal Period CoveredFirst half of FY2026 (January-June)
Net Sales¥182,581 million (YoY +10.8%)
Operating profit¥14,878 million
Operating profit margin8.1% (year-on-year change in percentage points: Not disclosed)
Full-year earnings forecastNet Sales ¥400,000 million / Operating profit ¥25,000 million / EBITDA ¥35,000 million / ROIC 4.9 % / ROE 6.7 %
Breakdown of Factors Affecting the ChangeFactors Effect of the TIS acquisition / Amount Not disclosed, Factors Refund of U.S. tariffs / Amount 29 Hundred millions of yen, Factors Solid North American market / Amount Not disclosed, Factors Increase in overseas sales of TUL products / Amount Not disclosed
Key KPIsDemand for construction cranes (total excluding China) 8,240 Units (YoY +104.0%), Demand for construction cranes in North America 740 Units (YoY +95.0%), Demand for construction cranes in the Middle East 1,280 Units (YoY +81.0%), New orders 非開示, Order backlog 非開示
Assumptions Underlying the Business Outlook¥158, ¥184, 12.5 %
Medium-term management plan targetsTarget a global business mix of 5:2:2 for construction, vehicle-mounted and aerial products. Target year: Not disclosed.
Financial targetsROIC Target 4.9 % / ROE Target 6.7 %
Payout ratio30.7 %
Capital expenditures¥7,149 million
Market Size / ShareDemand for construction cranes (total excluding China, first half of 2026) 8,240 Units, Demand for construction cranes in North America (first half of 2026) 740 Units
New initiativesEstablished a subsidiary in the Philippines for contract design and development services, Started operations at TUL's Yahata Plant, expanding production capacity to 1.5 times the previous level, Started prototype production of intermediate blocks for German-produced CC lattice booms at TIS's Kure Plant, Integrated and reorganized the design division for jib climbing cranes into Tadano's Development Division, Plans to build large-scale assembly production facilities at TIS sites in Kagawa Prefecture, Rebuilding the European sales organization and expanding the product lineup
Items this document does not state (16)
Ordinary incomeNet incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendAcquisition of treasury sharesOrders received and order backlogKey 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 effect of the TIS acquisition, a solid North American market, a U.S. tariff refund, higher revenue, and increased overseas sales of TUL products resulting from the strengthened sales organization.

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.
Financial Results Briefing for the First Half of 2026 (January–June) | TADANO LTD. (6395) timely disclosure | Komori