TOKYO, May 07 (Pulse News Wire) – Tadano Ltd. (6395.T) reported its fiscal first quarter results for January-March 2026, showing revenue growth driven by the acquisition of TIS Infrastructure Solutions, but operating profit declined due to increased US tariff costs and lower sales volumes.
Revenue reached ¥85.8 billion, up from the previous year. However, lower operating profit widened to ¥40 billion compared to an operating profit of ¥4 billion in the same period last year.
The company attributed the decline primarily to higher tariffs and delayed sales timing impacting volume and expenses. Despite the challenges, net income stood at ¥19 billion, down from ¥35 billion in the corresponding quarter of 2025, largely due to special gains from asset disposals in Europe during the previous year.
Tadano maintained its initial earnings outlook, citing robust orders from North America and a minor impact so far from Middle East tensions.
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