Okada Aiyon Corporation · TSE:6294
Okada Aiyon — Q1 FY3/27 Earnings Presentation
28 slides from Okada Aiyon's earnings presentation, Aug 26, 2026
Slide 1: Financial Results Presentation for Q1 FY3/27
Financial Results Presentation for Q1 FY3/27 August 26, 2026 OKADA AIYON CORPORATION (TSE Prime Market 6294) © 2026 OKADA AIYON CORPORATION
Slide 2: Corporate Profile
01 Corporate Profile OKADA AIYON CORPORATION Headquarters 4-1-18 Kaigandori, Minato-ku, Osaka 552-0022 Japan President & Yuji Okada Representative Director Founding / Establishment date July 1938 / September 1, 1960 Business Manufacturing, sales, and repair of construction machines Capital ¥2,221mil
Slide 3: Locations: 19 in Japan, 6 Overseas
01 Locations: 19 in Japan, 6 Overseas OKADA EUROPE OKADA AMERICA OKADA MIDWEST OKADA THAI OKADA AIYON 14bases OKADA AMERICA 4bases (Oregon/HQ) AIYON TECH 1base OKADA EUROPE 1base (Netherlands/HQ) NANSEI MACHINE 4bases OKADA THAI 1base (Ayutthaya/HQ) (consolidated, as of April,2026) © 2026 OKADA AIYO
Slide 4: History
01 History around 1951 around 1960 The latter Half of 1970s 1938 Appearance of Appearance of Appearance of the Founded excavator method large air breaker crushing method Changes in net sales over 2022 （million yen） the past 35 years Acquisition of Thoesen Ltd. (U.S.) 30,000 1995 The Great Hanshin-Aw
Slide 5: Our Major Product: Demolition Attachments
01 Our Major Product : Demolition Attachments Domestic market share of our major products No.1 Specific demolition attachments for hydraulic shovels to demolish concrete buildings etc. Primary Pulverizers Cutters Hydraulic Crushers Breakers 52% 45% 58% 13% (Prepared by company based on materials pub
Slide 6: Results Summary for Q1 FY3/27
02 Results Summary for Q1 FY3/27 Net sales 5,978 million yen （3.0％ YoY） Operating profit 339 million yen（34.4％YoY） Ordinary profit 376 million yen （26.3％ YoY） Profit 216 million yen （33.9％YoY） million yen million yen million yen million yen 26,582 28,500 2,500 2,500 1,700 26,991 2,343 Forecast 2,279
Slide 7: Financial Results for Q1 FY3/27 and Full-Year Forecast
02 Financial Results for Q1 FY3/27 and Full-Year Forecast ● Overall: Q1 saw lower sales and profit, mainly due to the decline in domestic crushers; the full-year forecast is unchanged ● In Japan, the mainstay crushers fell on Middle East geopolitical conditions, construction-schedule delays, and buy
Slide 8: Factors for Changes in Net Sales for Q1 FY3/27
02 Factors for Changes in Net Sales for Q1 FY3/27 ● In Japan, the decline in crushers could not be offset by breakers, grapples, and after-sales business (Materials & Repair), resulting in lower sales ● Overseas, the decline in Europe was covered by growth in North America and Asia, resulting in hig
Slide 9: Sales Trends by Model for Q1 FY3/27
02 Sales Trends by Model for Q1 FY3/27 (Million yen) YoY Yo2Y Q1 FY3/25 Q1 FY3/26 Q1 FY3/27 Amount Changes (%) Changes (%) Crushers 2,238 2,116 1,804 (312) (14.8) (19.4) Breakers 200 225 253 28 12.5 26.5 environmental attachments Grapples 344 222 309 87 39.4 (10.1) Demolish Environmental attachments
Slide 10: Domestic Shipment Trends: Hydraulic Excavators, Breakers and Crushers
Domestic Shipment Trends: 02 Hydraulic Excavators, Hydraulic Breakers and Crushers ● Both categories continue to exhibit seasonality, typically peaking in Q4 and bottoming in Q1 / In Q1 FY3/27, shipments declined from the Q4 FY3/26 peak due to seasonal factors ● The trough in Q1 FY3/27 was deeper th
Slide 11: Domestic Market Share Trends for Crushers, Our Mainstay Products
02 Domestic Market Share Trends for Crushers, Our Mainstay Products No.1 domestic share in mainstay products — rising in recent years, with larger machines a tailwind ● The Q1 Crusher (Primary Crushers, Pulverizers and Cutters) decline reflects market-wide weaker demand, not Company-specific factors
Slide 12: Sales, Production, And Order Trends for Demolition Crushers and Key Products
Sales, Production, And Order Trends for Demolition Crushers and 02 Key Products ● Order backlog bottomed out at the end of the previous fiscal year, and reversed upward in Q1 on the modest recovery in incoming orders ● Demolition-related demand is solid over the long term; although it may fluctuate
Slide 13: Overseas Sales Breakdown by Region for Q1 FY3/27
02 Overseas Sales Breakdown by Region for Q1 FY3/27 ● The mainstay North America is recovering as industry rental-fleet inventory adjustments ease; Asia expanded in Taiwan and Thailand; Europe declined amid investment restraint Overseas Europe North 28.8% 12% America Asia 10% Others 76% Domestic 3%
Slide 14: Sales by Segment and Business for Q1 FY3/27
02 Sales by Segment and Business for Q1 FY3/27 ● Against the backdrop of lower crusher sales, the composition ratio of demolition and environmental attachments declined year on year; forestry and large environmental machinery also declined on lower sales; both overseas and after-sales business rose
Slide 15: Factors for Changes in Operating Profit for Q1 FY3/27
02 Factors for Changes in Operating Profit for Q1 FY3/27 ● In Japan, profit declined due to mainly lower sales ● Overseas, gross-profit gains from higher North America–led sales were nearly offset by higher SG&A expenses (mainly personnel costs), leaving a slight profit increase （million yen） Domest
Slide 16: Capital Expenditures and Depreciation (Actual)
03 Capital Expenditures and Depreciation (Actual) ● FY3/27, the Company recorded the acquisition of land adjacent to the Hiroshima Sales Office, costs for renewing the core system, and costs for acquiring crusher demo machines mainly targeting overseas markets ■Capital Expenditures ■ Depreciation an
Slide 17: Shareholder Return: Dividend Results and Plan
03 Shareholder Return: Dividend Results and Plan Dividend policy: Based on stable business growth, we aim for ① progressive dividends and ② a dividend payout ratio of 30% or more ● In FY3/26, the annual dividend was increased by 1 yen year on year to 75 yen ● In FY3/27, it is forecast to increase by
Slide 18: New Mid-Term Business Plan "Onyx" — Overview
04 New Mid-Term Business Plan "Onyx" — Overview ● A three-year (FY3/27–FY3/29) commitment plan focused on "quality of profit," "reproducibility of growth," and "capital efficiency," aiming to enhance corporate value ■ Positioning of Onyx ■ Onyx commitment targets (consolidated) - A foundational plan
Slide 19: "Onyx" - Current Position and Priority-Themes Progress (Q1 FY3/27)
04 "Onyx" - Current Position and Priority-Themes Progress (Q1 FY3/27) ● Q1 sales and operating profit declined, yet after-sales and overseas sales showed progress aligned with Onyx's aims Net sales Operating profit Materials and Repair Overseas sales 5,978 million yen 339 million yen 872 million yen
Slide 20: Global Market Growth Outlook: Demolition Attachment Market
05 Global Market Growth Outlook : Demolition Attachment Market ● 2023-2033 (10years) CAGR (compound annual growth rate) Global: approx. 5.6%, US/Europe/Asia: approx. 5.2%, Japan: approx. 4.0% （million US$） 8,000 Japan E.U. NorthAmerica Asia･Pacific(Excluding China) Latin America, the Middle East, an
Slide 21: U.S.A: Market Size and Growth Variations by Demolition Attachment Product
U.S.A : Market Size and Growth Variations by Demolition 05 Attachment Product The market is projected to grow at a CAGR of +4.0% (2025-2030). Although demand fell sharply in 2024 due to interest rate hikes and deferred projects, recovery is expected as inventory adjustments conclude, and interest ra
Slide 22: Japan: Market Size and Growth Variations by Demolition Attachment Product
Japan: Market Size and Growth Variations by Demolition 05 Attachment Product The overall market is expected to grow at a CAGR of +3.7%. Key drivers include increased private-sector infrastructure investment, a rising stock of buildings over 45 years old, and demolition demand for vacant houses, part
Slide 23: Demolition Market Potential (Large and Small Crushers)
Demolition Market Potential 05 (Large Crushers and Small Crushers for Domestic Building Demolition) Looking at demolition-eligible buildings aged 40 years or more, demolition demand is expected to increase steadily over time 50 Years and Over Actual Forecast （万㎡） 40-49 Years 80,000 70,000 60,000 50,
Slide 24: Demolition Market Potential (Domestic Plant Demolition: Steel Cutters)
Demolition Market Potential 05 (Domestic Plant Demolition: Steel Cutters) A surge in demolition projects concentrated in the power, chemical, and steel industries. Currently, large-scale plant closures and demolition are accelerating across Japan, with numerous projects underway, particularly at the
Slide 25: Demolition Market Potential (Global Ship Demolition: Steel Cutters)
Demolition Market Potential 05 (Global Ship Demolition: Steel Cutters) Leading the global market with a high-quality, circular ship recycling model originating in Japan. - The global market is growing at an average annual rate of 7–9%. - The mainstream method is beaching-based demolition (labor-inte
Slide 26: Building and Strengthening Our Competitive Advantages
06 Building and Strengthening Our Competitive Advantages In addition to our technological expertise and product capabilities, we have strengthened an integrated business cycle driven by after-sales service and customer needs Technical and product capabilities in the use of cast steel Integrated cycl
Slide 27: Our Strengths: Cast Steel Products
06 Our Strengths : Cast Steel Products - The Number of Capable Manufacturers Is Extremely Limited - Of the approximately 1,000 foundry companies in Japan, only about 100 are capable of producing cast steel. - Cast steel with high strength, high toughness, and wear resistance requires advanced manufa
Slide 28: For inquiries, please contact: OKADA AIYON CORPORATION Investor & Public Relations
The plans and forecasts contained in this report are based on information currently available to the Company and certain assumptions deemed reasonable by the Company, and are subject to risks and uncertainties. As such, the Company does not promise or guarantee the realization of any future plan fig