TADANO Ltd. · TSE:6395
TADANO — Q3 FY2026 Earnings Presentation
15 slides from TADANO's earnings presentation, Nov 4, 2026
Slide 1: Consolidated Financial Results for Third Quarter of FY 2026
Consolidated Financial Results for Third Quarter of FY 2026 (January 1, 2026, through September 30, 2026) November 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. ⚫ Product name abbreviations: RT: Rough Terrain Crane, AT: All Terrain Crane ⚫ Company name abbreviati
Slide 3: 2026 Jan-Sep Overview of Financial Results
2026 Jan-Sep Overview of Financial Results ▌ Net sales ¥277.7 billion: YoY ¥+37.2 billion • Increase mainly driven by higher sales in North America, the TIS acquisition and favorable foreign exchange effects. ▌ Operating profit ¥27.7 billion: YoY ¥+16.6 billion • Increase mainly driven by higher sal
Slide 4: 2026 Jan-Sep Financial Results
2026 Jan-Sep Financial Results （Millions of yen） 2025 Jan-Sep 2026 Jan-Sep Change Amount % Amount % Amount % Net sales 240,547 100% 277,780 100% 37,232 15.5% Operating profit 11,054 4.6% 27,742 10.0% 16,688 151.0% Ordinary profit 7,904 3.3% 25,168 9.1% 17,264 218.4% Profit attributable to owners of
Slide 5: Operating Profit Analysis (YoY)
Operating Profit Analysis (YoY) Operating profit increased by ¥16.6 billion, driven by higher sales volume, improved pricing and U.S. tariff refunds, as well as the absence of ¥4.4 billion of one-time factors, including M&A-related expenses. (Millions of yen) 35,000 “Other” includes the following ・
Slide 6: Net Sales by Product
Net Sales by Product Higher sales mainly driven by the addition of Static LE through the TIS acquisition and increased mobile crane sales. (Millions of yen) +37,232 300,000 277,780 [+15.5%] Increase +8,624 240,547 [+217.2%] 277,780 Decrease 200,000 +6,512 [+219.3%] +3,593 [+11.1%] +961 +3,441 +770 1
Slide 7: Net Sales by Region
Net Sales by Region Japan increased due to the acquisition of TIS and North America increased on strong sales. The Middle East decreased due to heightened geopolitical tensions. (Millions of yen) +37,232 300,000 277,780 [+15.5%] Increase +19,520 240,547 [+24.3%] 277,780 Decrease 200,000 +1,700 +17,9
Slide 8: Balance Sheet and Free Cash Flow
Balance Sheet and Free Cash Flow Trade receivables and trade payables decreased, while inventories increased. (Millions of yen) As of As of As of As of Change Change Dec 31, 2025 Sep 30, 2026 Dec 31, 2025 Sep 30, 2026 Cash deposits 81,842 74,146 (7,695) Trade payables 44,698 30,760 (13,938) Trade re
Slide 9: For Reference: Order Backlog Trend for Mobile Cranes (RT・AT)
For Reference: 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 Q3 Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep 2024 2024 2024 2024 2025 2025 2025 202
Slide 10: FY 2026 Forecast
"f' TADANO FY 2026 Forecast
Slide 11: FY 2026 Forecast
FY 2026 Forecast Based on performance through the third quarter and other factors, the Company revised its full-year consolidated financial forecast. The year-end dividend forecast remains unchanged at this time. The Company will determine the dividend based on its dividend policy, full-year perform
Slide 12: FY 2026 Forecast: Operating Profit Analysis (YoY)
FY 2026 Forecast: Operating Profit Analysis (YoY) Operating profit increased by ¥13.3 billion, driven by improved pricing and U.S. tariff refunds, as well as the absence of one-time factors, including M&A- related expenses. (Millions of yen) 40,000 “Other” includes the following Manitex-related ・ In
Slide 13: FY 2026 Forecast: Net Sales by Product
FY 2026 Forecast: Net Sales by Product (Millions of yen) +30,522 400,000 [+8.7%] 380,000 +5,109 349,477 Increase [+46.9%] 380,000 Decrease +5,492 300,000 [+99.7%] +2,477 [+5.7%] +1,119 200,000 +826 [+19.0%] +4,119 [+3.4%] (865) [+18.0%] +12,871 [(7.3)%] [+8.1%] 100,000 (1,624) [(9.2)%] 0 FY25 FY26 +
Slide 14: FY 2026 Forecast: Net Sales by Area
FY 2026 Forecast: Net Sales by Area (Millions of yen) +30,522 400,000 [+8.7%] 380,000 Increase 349,477 Decrease +11,573 [+9.2%] 380,000 300,000 +1,127 +868 +20,129 [+9.5%] [+2.1%] +290 +1,113 [+15.5%] +2,384 [+8.6%] [+10.7%] 200,000 [+22.5%] (6,965) [(46.5)%] 100,000 0 349,477 FY25 FY26 Jan-Dec Jan-
Slide 15: TADANO
"f' TADANO Reaching new,f# heights