Tadano Ltd. · TSE:6395
Tadano — Q1 2025 Earnings Presentation
6 slides from Tadano's earnings presentation, May 9, 2025
Slide 1: Consolidated Financial Results for First Quarter of FY 2025
Consolidated Financial Results for First Quarter of FY 2025 (January 1, 2025 through March 31, 2025) May 9, 2025 Tadano Ltd.
Slide 2: Income Statement
Income Statement ✓ Net sales increased, but operating profit decreased due to M&A expenses leading to increase in selling, general and administrative expenses. （Unit: millions of yen） 2024 Jan-Mar 2025 Jan-Mar Change Amount % Amount % Net sales 62,460 100.0% 80,495 100.0% 18,035 Cost of sales 42,141
Slide 3: Major Factors Leading to Change in Operating Profit
Major Factors Leading to Change in Operating Profit ✓ Operating profit decreased by ¥0.2 billion due to temporary factors such as M&A expenses. (Millions of yen) “Other” includes the following 9,000 ・Increases in raw material prices : (900) 300 8,000 1,100 (100) 7,000 1,100 (1,200) 6,000 5,625 (932)
Slide 4: Balance Sheet
Balance Sheet ✓ Inventories, fixed assets and interest-bearing debt increased due to acquisition of Manitex. （Unit: millions of yen） As of As of As of As of Change Change Dec 31, 2024 Mar 31, 2025 Dec 31, 2024 Mar 31, 2025 Cash deposits 93,125 80,875 (12,250) Accounts payable 41,645 40,762 (882) Acc
Slide 5: Net Sales by Product
Net Sales by Product ✓ Net sales increased in all segments. ✓ Net sales of truck loader cranes and aerial work platforms for outside Japan increased significantly due to acquisition of Manitex. （Unit: millions of yen） （Millions of yen） Net Sales by Product 350,000 2024 2025 Change Jan-Mar Jan-Mar Am
Slide 6: Net Sales by Destination
Net Sales by Destination ✓ Net sales in Europe, North America and Latin America increased significantly due to acquisition of Manitex. （Millions of yen） Outside Japan Net Sales by Destination （Unit: millions of yen） 200,000 80% 2024 2025 Change Jan-Mar Jan-Mar Amount % 175,000 70% Europe 7,443 12,35