Tadano Ltd. · TSE:6395
Tadano — FY2025 Earnings Presentation
18 slides from Tadano's earnings presentation, Feb 26, 2026
Slide 1: FY 2025 Financial Explanatory Briefing
FY 2025 Financial Explanatory Briefing (January 1, 2025 through December 31, 2025) February 26, 2026 Tadano Ltd. President and CEO Toshiaki Ujiie
Slide 2: Agenda
Agenda ▌FY 2025 Results and FY 2026 Forecast ▌Initiatives for Revitalization of European Operations ＜Notes＞ ⚫ Forward-looking statements contained in this report are based on information available as of the date this report was prepared. A variety of factors may cause actual results to differ from p
Slide 3: FY 2025 Results and FY 2026 Forecast
FY 2025 Results and FY 2026 Forecast 3
Slide 4: Overview of FY 2025 Results and FY 2026 Forecast
Overview of FY 2025 Results and FY 2026 Forecast In FY 2025, M&A investments for growth led to record-high net sales (achieving MTP targets). In FY 2026, higher revenue and profit are targeted through planned profitability improvements in European operations and accelerated growth of newly acquired
Slide 5: FY 2026 Business Environment Outlook
FY 2026 Business Environment Outlook Demand Trends Macroeconomic Conditions Market Competitive Environment • Japan: Despite continued • Foreign exchange: • Competitors are expected to delays in housing construction A weaker JPY and stronger follow similar pricing under and some mid-scale USD provide
Slide 6: Demand Trends for Mobile Cranes (RT, AT, TC)
Demand Trends for Mobile Cranes (RT, AT, TC) Total global demand remains flat year on year although it varies by region. Demand in China has bottomed out, and Chinese manufacturers’ exports have slowed down. CY20 CY21 CY22 CY23 CY24 CY25 vs CY24 North America 980 1,090 1,150 1,480 1,500 1,540 +40 10
Slide 7: Demand Trend for Mobile Cranes (RT, AT)
Demand Trend for Mobile Cranes (RT, AT) Global demand (excluding China) RT AT 5,000 (Units) 5,000 (Units) 4,000 1,240 4,000 1,280 1,350 90 90 3,000 80 3,000 1,750 2,170 1,260 110 1,570 130 100 1,830 1,310 130 110 120 100 2,000 1,380 2,000 1,300 1,390 1,140 130 170 190 1,310 1,280 1,000 150 1,000 1,2
Slide 8: Order Backlog Trends for Mobile Cranes (RT, AT)
Order Backlog Trends for Mobile Cranes (RT, AT) Order backlog remains higher than pre-COVID-19 levels. New orders remain solid, driven mainly by RT for U.S., despite some volatility due to a wait-and-see stance on U.S. tariffs. Order Intake Order Backlog 140 (billions of yen) 140 (billions of yen) 1
Slide 9: Major Factors Leading to Change in Net Sales
Major Factors Leading to Change in Net Sales (FY 2025 Results and FY 2026 Forecast) In FY 2025, net sales reached record high due to acquisitions of Manitex and TIS. In FY 2026, net sales is forecasted to reach ¥400.0 billion, driven by growth in newly acquired products and revitalization of Europea
Slide 10: Major Factors Leading to Change in Operating Profit
Major Factors Leading to Change in Operating Profit (FY 2025 Results and FY 2026 Forecast) In FY 2025, operating profit was ¥18.5 billion due to temporary factors including M&A expenses and increase in expenses. In FY 2026, operating profit is forecasted to reach ¥25.0 billion due to absence of temp
Slide 11: Global Promotion of Aerial Work Platforms and Truck Loader Cranes
Global Promotion of Aerial Work Platforms and Truck Loader Cranes Manitex, acquired in January 2025, has completed organizational integration. Initiatives are underway to create synergies in both sales and manufacturing. Tadano Ltd. The U.S. Holdings Tadano Tadano PM Manitex Valla America Mantis Oil
Slide 12: Development of Transport Machinery Business - TIS
Development of Transport Machinery Business - TIS TIS develops its business based on maintenance profit from bulk handling systems. New crane series development are being advanced through technical collaboration with Tadano. Bulk Handling Systems Jib Climbing Cranes Floating Cranes Used for unloadin
Slide 13: Venture into New Areas: Leveraging Japan's Shipbuilding Boom
Venture into New Areas: Leveraging Japan’s Shipbuilding Boom Shipbuilding industry is positioned as a strategic priority, and its revitalization roadmap has been established by Japanese government. Capturing demand growth and the expanded product lineup is expected to establish new growth drivers. S
Slide 14: Cash Allocation Outlook (Changes from MTP 24-26 Target)
Cash Allocation Outlook (Changes from MTP 24-26 Target) MTP 24–26 basic policy is maintained, with revisions made as needed based on changing business conditions and investment opportunities. ・ Operating and financing CF used to actively promote growth investments, including M&A. ・ Maintaining stabl
Slide 15: Initiatives for Revitalization of European Operations
Initiatives for Revitalization of European Operations 15
Slide 16: Path to take European Operations (AT, CC) into Profit
Path to take European Operations (AT, CC) into Profit Recovery now in sight through several counter-measures took since acquisition of Demag business in 2019 2019 2025/10~ Accelerating structural Reform under New Management • Production : Improve production efficiency and optimize inventory Demag bu
Slide 17: Roadmap to European Operations (AT, CC) Recovery
Roadmap to European Operations (AT, CC) Recovery Aiming to positive CF in European business segment in FY 2026. FY 2029 FY 2028 To growth phase FY 2027 To be constantly profit-contributing FY 2026 Positive operating business profit in European Positive CF in European business segment* business segme
Slide 18: TADANO Reaching new heights
"f' TADANO Reaching new,f heights