Hitachi Construction Machinery Reports Decline in Annual Revenue

Hitachi Construction Machinery Co ( (HTCMF) ) has released its Q4 earnings. Here is a breakdown of the information Hitachi Construction Machinery Co presented to its investors.

Hitachi Construction Machinery Co., Ltd. is a leading player in the construction machinery sector, known for manufacturing hydraulic excavators, ultra-large hydraulic excavators, and wheeled loaders, with a strong focus on providing comprehensive lifecycle solutions.

In its latest earnings report for the fiscal year ending March 31, 2025, Hitachi Construction Machinery Co. reported a decrease in revenue and net income compared to the previous year, primarily due to declining demand in North America and Europe. Despite these challenges, the company saw steady performance in its parts and services business, supported by strong maintenance demand.

The company’s revenue for the fiscal year was ¥1,371,285 million, a 2.5% decline from the previous year. Adjusted operating income also fell by 13.7% to ¥144,989 million. Net income attributable to owners of the parent decreased by 12.7% to ¥81,428 million. The company attributed these declines to market conditions, increased expenses, and foreign exchange losses, although it benefited from cost reductions and price increases.

Looking ahead, Hitachi Construction Machinery Co. anticipates a challenging environment for new machinery sales, particularly in North America, due to high interest rates. However, the company expects a slight increase in revenue and adjusted operating income for the fiscal year ending March 31, 2026, supported by a strong value chain business and cost management strategies. The company remains focused on expanding its business in the Americas and enhancing its value chain business to achieve sustainable growth.