Tadano Ltd. (6395) raised its operating profit forecast for the year ending December 2026 to ¥32.0 billion from ¥25.0 billion and lifted its net profit outlook to ¥20.0 billion from ¥14.0 billion, while cutting its sales forecast to ¥380.0 billion from ¥400.0 billion.
The crane maker said a review based on nine-month results showed sales falling short of the Feb. 10 forecast, while operating profit, ordinary profit and net profit attributable to owners of the parent are expected to exceed it. It assumes exchange rates of ¥158 per dollar and ¥184 per euro from October onward.
| Item | Previous | Revised | Change |
|---|---|---|---|
| Sales | ¥400.0 billion | ¥380.0 billion | -5.0% |
| Operating profit | ¥25.0 billion | ¥32.0 billion | +28.0% |
| Ordinary profit | ¥22.0 billion | ¥28.0 billion | +27.3% |
| Net profit | ¥14.0 billion | ¥20.0 billion | +42.9% |
| EPS | ¥110.08 | ¥157.78 | — |
For January-September, sales rose 15.5% to ¥277.78 billion, operating profit jumped 151.0% to ¥27.74 billion and net profit rose 44.0% to ¥18.99 billion. Earnings per share were ¥150.02, against ¥104.33 a year earlier.
Japan sales rose 24.3% to ¥99.91 billion, including revenue from the transport systems business acquired from IHI Unpan Kikai in July 2025, now Tadano Infra Solutions (TIS). Overseas sales rose 11.1% to ¥177.87 billion, or 64.0% of the total. Tadano cited higher sales and U.S. tariff refunds, among other factors, for the profit gain. Operating profit in the Americas was ¥7.58 billion, 432.6% of the year-earlier level, while Europe posted an operating loss of ¥1.96 billion, compared with a loss of ¥5.40 billion a year earlier.
The company kept its annual dividend forecast at ¥34 per share, including ¥17 at year-end, saying it will decide based on its dividend policy and full-year results.
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| Shares to be purchased | 2.8 million shares (9.36%) |
| Intramart Inc. | |
| Revised FY net profit forecast | ¥1.376 billion (+32.3%) |
| Hirakawa Hewtech Corp. | |
| H1 net sales | ¥25.54 billion (+41.2%) |
| Dainichi Kogyo | |
| H1 operating profit | ¥135 million (down 60.2%) |
| Jason | |
| Shares transferred | 1.6 million shares |
| Nippon Steel Corporation | |
| Tender offer price | ¥2,100 per share |
| TISI Inc. | |
| FY net profit forecast | ¥57.5 billion (from ¥57.0 billion) |
| ARE Holdings, Inc. | |
| FY net profit forecast (revised) | ¥36.0 billion (from ¥29.0 billion) |
| M&A / TOB | 16 |
| Guidance | 40 |
| Buybacks | 7 |
| Dividends | 7 |
| Capital | 6 |
| Earnings | 87 |
| People | 1 |
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