Hitachi Construction Machinery ( (HTCMY) ) has released its Q1 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 leading company in the construction machinery sector, providing innovative solutions and services worldwide. The company recently released its earnings report for the first quarter ending June 30, 2025, showing a decline in revenue and net income compared to the previous year. Key financial metrics revealed a 6.7% decrease in revenue to ¥306,152 million and a 54.1% drop in net income attributable to owners of the parent to ¥11,280 million. The decline was attributed to the strong yen, reduced sales in North America, and increased investments in research and development. Despite the challenging market conditions, particularly in North America, the company maintained steady sales in Europe and Asia. Looking ahead, Hitachi Construction Machinery anticipates continued challenges due to high interest rates and U.S. tariff policies but remains committed to its annual dividend plan and strategic growth initiatives.