Tadano Ltd. · TSE:6395
Tadano — Q1 2026 Earnings Presentation
9 slides from Tadano's earnings presentation, May 7, 2026
Slide 1: Consolidated Financial Results for First Quarter of FY2026
Consolidated Financial Results for First Quarter of FY2026 (January 1, 2026 through March 31, 2026) May 7, 2026 Tadano Ltd.
Slide 2: Notes
＜Notes＞ ⚫ The provisional accounting treatment for the business combination in connection with the acquisition of Manitex International, Inc. was finalized in the third quarter of the fiscal year ended December 31, 2025. All figures for the three months ended March 31, 2025, reflect the finalized ac
Slide 3: FY2026 Q1 Overview of Financial Results
FY2026 Q1 Overview of Financial Results ▌ Net sales ¥85.8 billion: YoY ¥+5.3 billion • Increase due to TIS acquisition ▌ Operating profit ¥4.0 billion: YoY ¥-1.0 billion • Decrease due to U.S. tariff, delays in sales timing, and higher expenses ▌ Profit attributable to owners of parent: ¥1.9 billion
Slide 4: FY2026 Q1 Financial Results
FY2026 Q1 Financial Results Net sales increased, while operating profit declined by ¥1.0 billion. （Millions of yen） 2025 Jan-Mar 2026 Jan-Mar Change Amount % Amount % Amount % Net sales 80,495 100% 85,845 100% 5,349 6.6% Operating profit 5,054 6.3% 4,012 4.7% (1,041) (20.6)% Ordinary profit 3,816 4.
Slide 5: Operating Profit Analysis (vs FY2025 Q1)
FY2026 Q1 Operating Profit Analysis (vs FY2025 Q1) Operating profit declined by ¥1.0 billion, as U.S. tariffs, lower volumes, and higher expenses offset the absence of ¥2.4 billion in one-time factors, including acquisition-related costs. (Millions of yen) Manitex-related 10,000 ・ Amortization of PP
Slide 6: Net Sales by Product
FY2026 Q1 Net Sales by Product Net sales increased driven by addition of “Static LE” through TIS consolidation. （Millions of yen） +5,349 100,000 [+6.6%] 85,845 80,495 Increase +4,647 80,000 [-%] 85,845 Decrease 60,000 40,000 20,000 +3,047 [-%] 80,495 0 +654 FY25 FY26 +162 [＋6.2%] (266) +298 [+13.5%]
Slide 7: Net Sales by Region
FY2026 Q1 Net Sales by Region Net sales increased primarily in Japan and North America, while declining in Middle East and Europe. （Millions of yen） +5,349 100,000 [+6.6%] 85,845 80,495 Increase +6,927 80,000 [+29.2%] 85,845 Decrease 60,000 +3,140 [+10.3%] 40,000 (72) [(2.6)%] 20,000 (1,809) 80,495
Slide 8: Balance Sheet
FY2026 Q1 Balance Sheet Inventory volume increased as Japan, North America, and Middle East sales shifted to Q2. (Millions of yen) As of As of As of As of Change Change Dec 31, 2025 Mar 31, 2026 Dec 31, 2025 Mar 31, 2026 Cash deposits 81,842 89,213 7,371 Accounts payable 44,698 33,758 (10,940) Accou
Slide 9: Tadano - Reaching new heights
"f' TADANO Reaching new,f# heights