Hitachi Construction Machinery ( (HTCMY) ) has released its Q4 earnings. Here is a breakdown of the information Hitachi Construction Machinery presented to its investors.
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Hitachi Construction Machinery Co., Ltd. is a prominent player in the construction and mining equipment industry, known for its innovative solutions and strong presence in the global market. The company recently released its earnings report for the fiscal year ending March 31, 2025, revealing a slight decline in revenue and profits compared to the previous year. The report highlighted a 2.5% decrease in revenue to ¥1,371,285 million, attributed to reduced demand for new machinery in North America and Europe. Despite this, the company’s parts and services segment showed resilience, supporting overall performance. Hitachi Construction Machinery’s net income attributable to owners of the parent dropped by 12.7% to ¥81,428 million, impacted by foreign exchange losses and increased expenses. Looking ahead, the company anticipates a challenging environment for new machinery sales but expects steady demand for maintenance services. Management remains focused on expanding its business in the Americas and strengthening its value chain to achieve sustainable growth.