Okada Aiyon CorporationTSE: 6294

Supplementary materials for the financial report for FY3-25...

· Issued by Okada Aiyon Corporation

Supplementary materials for the financial report for FY3/25

May 14, 2025

OKADA AIYON CORPORATION

(TSE Prime 6294)

©2025 Okada Aiyon Corporation １





Results Summary (FY3/25)


Operating

profit

Net sales

26,582 million yen 2,279 million yen

(-1.9% YoY) (-16.2% YoY)

Ordinary profit

2,238 million yen

(-20.5% YoY)

1,475 million yen

Profit

(-21.8% YoY)

(Millions of yen) (Millions of yen) (Millions of yen) (Millions of yen)

27,095

26,582

23,575

FY3/23

FY3/24

FY3/25

2,719

2,279

1,965

FY3/23

FY3/24

FY3/25

2,814

2,238

1,961

FY3/23

FY3/24

FY3/25

1,886

1,414

1,475

FY3/23

FY3/24

FY3/25

[Net sales]

[Operating profit]

[Ordinary profit] [Profit]



Business Results for FY3/25 and Forecasts for FY3/26


  • In FY3/25, although domestic sales and profits increased, overall sales and profits decreased compared to the previous fiscal year due to a decline in demand for construction machinery in the U.S. and Europe.

  • In FY3/26, we aim to make a comeback through stable domestic growth and recovery and new expansion overseas.

    - Simultaneously announced the mid-term management plan "Rolling Plan FY2025-FY2027" based on the long-term vision

    FY3/23

    Results

    FY3/24

    Results

    YoY change (amount)

    YoY change (%)

    Vs. revised forecasts on Nov.14, 2024

    FY3/25

    Forecasts

    YoY change (amount)

    YoY change (%)

    Vs. rolling plan announced on previous year

    Net sales

    27,095

    26,582

    (513)

    (1.9)

    (617)

    28,000

    1,417

    5.3

    (2,000)

    Gross profit

    8,149

    7,858

    (291)

    (3.6)

    -

    -

    -

    -

    -

    SG&A

    expenses

    5,429

    5,579

    149

    2.8

    -

    -

    -

    -

    -

    Operating profit

    2,719

    2,279

    (440)

    (16.2)

    59

    2,500

    220

    9.7

    (600)

    Ordinary

    profit

    2,814

    2,238

    (576)

    (20.5)

    18

    2,500

    261

    11.7

    (600)

    Profit

    (attributable to owners of parent)

    1,886

    1,475

    (411)

    (21.8)

    (44)

    1,700

    224

    15.2

    (410)

    "VISION 30".

    *Exchange rates

    Actual exchange rates for FY3/25 (average): 1 USD = 153 JPY, 1 EURO = 164 JPY

    Assumed exchange rates in the preparation of the FY3/26 plan: 1 USD = 145 JPY, 1 EURO = 155 JPY

    (Million yen)

    Comments on current situation


    - Results for the 4Q of FY3/25

  • Y-on-y comparison: Sales: Increase, Operating profit: Increase

  • Q-on-q comparison: Sales: Increased both domestically and internationally.

    In particular, domestic sales increased by over 10%.

    Operating profit: Decreased due to year-end factors



    (Million yen)

    4Q FY3/23

    Results

    3Q FY3/25

    Results

    4Q FY3/25

    Results

    YoY change (%)

    QoQ change (%)

    Net sales

    6,614

    6,482

    7,032

    6.3

    8.5

    Domestic

    5,216

    5,122

    5,657

    8.5

    10.5

    Overseas

    5,429

    1,360

    1,374

    (1.7)

    1.1

    Operating profit

    2,719

    650

    463

    46.9

    (28.8)

    - Impact of U.S. customs duties

  • Currently, sales in the U.S. are mainly focused on hydraulic breakers. On the other hand, almost all hydraulic breakers distributed within the U.S. are imported products, so there is basically no difference in the impact of tariffs between the

    products of different companies.

  • The differences in the responsiveness of each company for the time being depends on the inventory situation and pricing policies of the respective products. Our company is addressing this by passing on a portion of the tariffs through

    surcharge pricing while utilizing our existing inventory (approximately six months' worth).

    The impact of tariffs on performance is similar for competitors as well, and the decrease in competitiveness is seen as limited.



    FY3/25 Factors for Changes in Net Sales


  • Domestic: Sales of our mainstay crushers increased significantly due to increased production capacity. Sales of forestry, large environmental machinery, and other machinery decreased due to a backlash from the strong performance of the

    previous year and the year before.

  • Overseas: The demand environment did not recover in the United States, Europe, and Asia, resulting in lower sales

compared to the previous year. North America was particularly affected.

(Million yen)

Domestic 352 Overseas (865)

Oil pressure

Environmental

Forestry

Crusher

Breaker

Grabbing machine

AT Other AT equipment Large-scale

Environmental Cable

1,020

(144 ) 35

(7)

(112)

(116)

machinery

(3)

Crane

65

(319)

Auxiliary materials

Other

Machine

・Repair

(65)

North

America

(599)

Outside North America

(265)

27,095

Demolish Environmental AT (Attachment) 790

Forestry, large-scale environmental machinery,

etc. (438)

26,582

FY3/24 FY3/25