Hitachi Construction Machinery Co.,Ltd. [6305.T]
TOKYO, Apr 24 (Pulse News Wire) – Hitachi Construction Machinery CO.,LTD. (6305.T) reported a significant decline in net profit for the fiscal year ended March 31, 2026, compared to the previous fiscal year.
Net profit dropped to ¥27.88 billion, marking a decrease of 69.4%. The company attributed the substantial reduction primarily to the abandonment of claims against affiliated companies and the impairment of related company shares due to restructuring within its subsidiaries. However, these factors did not impact the consolidated results.
Despite a decrease in sales revenue due to reduced OEM supply in the United States, operating profit increased by 83.9%, driven by lower production costs. Similarly, extraordinary income rose by 6.4%, mainly owing to a reduction in foreign exchange losses. The company's performance highlights a mixed outcome, with notable improvements in profitability metrics despite challenges in revenue generation.
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