Tadano Ltd. · TSE:6395
Tadano — Q1 2024 Earnings Presentation
6 slides from Tadano's earnings presentation, May 14, 2024
Slide 1: Consolidated Financial Results for First Quarter of FY 2024
Consolidated Financial Results for First Quarter of FY 2024 (January 1, 2024 through March 31, 2024) May 14, 2024 Tadano Ltd.
Slide 2: Income Statement
Income Statement ✓ Net sales decreased, while income increased due to improvements in selling prices and foreign exchange effects. （Unit: millions of yen） Jan.-Mar., 2023 Jan.-Mar., 2024 Increase / Amount Percentage Amount Percentage Decrease Net sales 64,886 100.0% 62,460 100.0% (2,426) Cost of sal
Slide 3: Major Factors Leading to Change in Operating Income
Major Factors Leading to Change in Operating Income ✓ Operating income increased by ¥2.1 billion due to improvements in selling prices and foreign exchange effects. “Other” includes the following （Millions of yen） ・Increases in raw material prices : (1,400) 7,000 1,100 (200) (602) 6,000 5,625 2,500
Slide 4: Balance Sheet
Balance Sheet ✓ Inventories increased due to production constraints and foreign exchange effects. （Unit: millions of yen） As of As of Increase / As of As of Increase / Dec. 31, 2023 Mar. 31, 2024 Decrease Dec. 31, 2023 Mar. 31, 2024 Decrease Cash deposits 94,343 93,302 (1,041) Accounts payable 48,43
Slide 5: Net Sales by Product
Net Sales by Product ✓ Net sales decreased in all segments except truck loader cranes. Net Sales by Product （Unit: millions of yen） （Millions of yen） Jan.-Mar., Jan.-Mar., Increase / Decrease 300,000 2023 2024 Amount Change % Mobile Cranes 44,364 43,585 (778) (1.8)% 250,000 Truck Loader Cranes 4,286
Slide 6: Net Sales by Destination
Net Sales by Destination ✓ Net sales increased in North America, but decreased in Europe and Japan. （Unit: millions of yen） Net Sales by Destination （Millions of yen） Jan.-Mar., Jan.-Mar., Increase / Decrease 200,000 80% 2023 2024 Amount Change % 175,000 70% Europe 8,890 7,443 (1,446) (16.3)% North