Hitachi Construction Machinery posted record first-half revenue and raised its full-year outlook on the expansion of parts and services and favourable foreign-exchange movements. The company will strengthen its independent operations in the Americas and expand its partnerships with Yanmar and Bell Equipment while incorporating costs associated with the transition to the LANDCROS brand.
Hitachi Construction Machinery reported record first-half revenue for the second quarter of fiscal 2026, with solid parts and services sales driving performance. Favourable foreign-exchange movements also provided support and contributed to the decision to raise the full-year earnings forecast.
In summary, consolidated revenue increased by roughly 7.0%, total sales were ¥698.1 billion, adjusted operating profit was ¥75.2 billion, and interim profit attributable to owners of the parent was ¥49.7 billion. By region and product, mining and parts and services performed well, while value-chain revenue also lifted the overall result.
Looking ahead, the company said it plans to strengthen sales and promotional activities from the next fiscal year onward while incorporating the costs of changing the integrated brand to LANDCROS. In light of the strong second-quarter results, the board approved an increase in the full-year dividend to ¥90, based on the forecast as of April.
The company plans to accelerate its independent operations in the Americas, particularly North America, and is expected to expand its machinery lineup through collaboration with Yanmar and Bell Equipment. Against a backdrop of large-scale data-centre construction projects, it aims to increase volumes by expanding deliveries through rental companies and dealers.