Tadano Ltd. · TSE:6395
Tadano — H1 2026 Earnings Presentation
15 slides from Tadano's earnings presentation, Aug 4, 2026
Slide 1: Consolidated Financial Results for 1st Half of FY 2026
Consolidated Financial Results for 1st Half of FY 2026 (January 1, 2026, through June 30, 2026) August 4, 2026, Tadano Ltd.
Slide 2: Notes
＜Notes＞ ⚫ Forward-looking statements contained in this report are based on information available as of the preparation date. Actual results may differ from these projections due to various factors. ⚫ Demand and market shares: • Figures showing demand, based on Tadano estimates, are rounded to the ne
Slide 3: 2026 1st Half Overview of Financial Results
2026 1st Half Overview of Financial Results ▌ Net sales ¥182.5 billion: YoY ¥+17.7 billion • Increase due to TIS acquisition. ▌ Operating profit ¥14.8 billion: YoY ¥+6.7 billion • Increase due to higher sales and U.S. tariff refunds. Jib Crane by TIS ▌ Profit attributable to owners of parent: ¥10.7
Slide 4: 2026 1st Half Financial Results
2026 1st Half Financial Results (Millions of yen) 2025 Jan-Jun 2026 Jan-Jun Change Amount % Amount % Amount % Net sales 164,791 100% 182,581 100% 17,790 10.8% Operating profit 8,171 5.0% 14,878 8.1% 6,707 82.1% Ordinary profit 5,741 3.5% 13,515 7.4% 7,773 135.4% Profit attributable to owners of pare
Slide 5: Operating Profit Analysis (YoY)
Operating Profit Analysis (YoY) Operating profit increased by a total of ¥6.7 billion, driven by improved pricing and U.S. tariff refunds, alongside the non-recurrence of ¥3.1 billion in one-time factors, including M&A-related expenses. (Millions of yen) 17,000 Manitex-related “Other” includes the f
Slide 6: Net Sales by Product
Net Sales by Product Higher sales driven by the addition of “Static LE” following the acquisition of TIS. (Millions of yen) 200,000 +17,790 182,581 [+10.8%] 164,791 +9,166 150,000 [-%] 182,581 Increase Decrease 100,000 +6,023 [-%] 50,000 +2,769 +3,839 [+13.1%] [+17.5%] +715 +972 +1,173 [+8.5%] [+27.
Slide 7: Net Sales by Region
Net Sales by Region Higher sales in Japan following the acquisition of TIS more than offset weaker sales in the Middle East amid geopolitical tensions. (Millions of yen) +17,790 200,000 [+10.8%] 182,581 +18,589 [+35.6%] 182,581 164,791 Increase 150,000 Decrease 100,000 +1,481 +971 [+27.7%] 50,000 [+
Slide 8: Balance Sheet and Free Cash Flow
Balance Sheet and Free Cash Flow Higher inventories led by the timing shift of sales to North America and the Middle East into the second half. (Millions of yen) Balance Sheet Free Cash Flow As of As of Change 2025 Jan-Jun 2026 Jan-Jun Change Dec 31, 2025 Jun 30, 2026 Cash deposits 81,842 72,091 (9,
Slide 9: Overview of Mobile Cranes
Overview of Mobile Cranes ▌ Net sales : ¥102.7 billion (YoY -¥0.4 billion) • Solid sales, supported by ongoing and planned large-scale construction Japan projects, despite persistent shortages of operators and rising material costs. North • Solid orders and sales, led by demand from data center cons
Slide 10: Overview of Mobile Cranes
Overview of Mobile Cranes (Millions of yen) Net Sales Net Sales by Region (YoY) FY26 Jan-Jun 300,000 FY25 Jan-Jun North America Latin America 200,000 Europe Middle East Oceania 100,000 Asia Other* 0 Japan FY21 FY22 * FY23 FY24 FY25 FY25 FY26 Jan-Jun Jan-Jun 0 10,000 20,000 30,000 40,000 50,000 60,00
Slide 11: Order Backlog Trend for Mobile Cranes (RT・AT)
Order Backlog Trend for Mobile Cranes (RT・AT) New Orders Order Backlog (Billions of yen) (Billions of yen) 120 120 100 100 Pre-COVID-19 level 80 80 60 60 40 40 20 20 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun 2024 2024 2024 2024 2025 2025 2025 2025 2026 2026 2024 2024
Slide 12: Overview of Truck Loader Cranes
Overview of Truck Loader Cranes ▌ Net sales : ¥19.7 billion (YoY ＋¥0.4 billion) Boom Trucks by Manitex Inc. • Lower sales, reflecting softer demand resulting from Japan the transition to new truck chassis models and higher chassis prices. Knuckle Boom Cranes by PM Oil & Steel Outside • Higher sales
Slide 13: Overview of Aerial Work Platforms
Overview of Aerial Work Platforms ▌ Net sales : ¥15.8 billion (YoY ＋¥1.6 billion) • Higher sales, supported by solid demand from the Japan rental and telecommunications sectors. • Higher TUL product sales in North America and Outside Europe, driven by new customer acquisition following Japan sales f
Slide 14: FY 2026 Forecast
FY 2026 Forecast We are maintaining our financial forecast and cash dividend forecast, balancing U.S. tariff refunds and FX benefits against geopolitical uncertainty stemming from developments in the Middle East. The exchange rate assumptions from July onward have been revised as follows. (Millions
Slide 15: Tadano - Reaching new heights
"f' TADANO Reaching new,f# heights