Hitachi Construction Machinery Profit Hit by Subsidiary Reorganization Despite Stronger Operations

The latest announcement is out from Hitachi Construction Machinery Co ( (JP:6305) ).

Hitachi Construction Machinery reported that its non-consolidated net sales for the fiscal year ended March 31, 2026, fell 4.7% year on year to ¥689.4 billion, mainly due to lower OEM supplies to the United States. Despite the revenue decline, operating income nearly doubled and ordinary income rose, supported by lower cost of sales and reduced foreign exchange losses.

Net income, however, plunged 69.4% to ¥27.9 billion, driven by a waiver of reimbursement claims and valuation losses on investments in associates tied to the reorganization of consolidated subsidiaries. The company stressed that these negative factors are eliminated at the consolidated level, meaning the sharp drop in non-consolidated profit is not expected to affect its overall consolidated performance.

The most recent analyst rating on (JP:6305) stock is a Hold with a Yen5200.00 price target. To see the full list of analyst forecasts on Hitachi Construction Machinery Co stock, see the JP:6305 Stock Forecast page.

More about Hitachi Construction Machinery Co

Hitachi Construction Machinery Co., Ltd. is a Japanese manufacturer of construction and mining equipment, operating globally with a focus on excavators and related machinery. The company serves infrastructure, resource development, and industrial customers, and its shares are listed on the Prime Market of the Tokyo Stock Exchange under code 6305.

Average Trading Volume: 1,060,072

Technical Sentiment Signal: Buy

Current Market Cap: Yen1167.5B

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