Hitachi Construction MachineryHitachi Construction Machinery Co., Ltd.6305東証プライム機械FY ending Mar 2026, consolidated, IFRS

Hitachi Construction Machinery FY ending Mar 2026 results

About 90% of Hitachi Construction Machinery's sales come from Construction machinery business, with Specialized parts and service business making up much of the rest.

Out of every ¥100 of sales, about ¥9 is left as operating profit.

Revenue changed +2.5% from the prior year, operating profit -15.9%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +2.5% · profit -15.9%, calculated from disclosed figures.

Operating leverage: -6.37× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +2.5%¥1.37T → ¥1.41T
Gross profit: -2.6%¥428.6B → ¥417.4B
Operating income: -15.9%¥154.7B → ¥130.1B
Net income attributable to owners: -10.1%¥81.4B → ¥73.2B
Operating cash flow: +14.1%¥143.9B → ¥164.2B
Free cash flow: +16.5%¥98.9B → ¥115.2B

Results at a glance

Revenue for FY ending Mar 2026 was ¥1.41T, up +2.5% from ¥1.37T.
Profit went the other way: operating income dropped -15.9% to ¥130.1B, and net income attributable to owners fell -10.1% to ¥73.2B.
Cash generation improved, with operating cash flow up +14.1% to ¥164.2B and free cash flow up +16.5% to ¥115.2B.

What drove the change

Sales held up in Europe and in the Americas business it runs under its own brand, and price increases helped
Sales fell in the Americas OEM business and in Oceania
U.S. tariffs, higher costs from growth investment, and a less favorable regional and product mix squeezed profit
Cutting inventory lifted operating and free cash flow

Things to watch

Demand depends on public infrastructure and resource spending, so sharp economic or geopolitical shifts could cut volumes and prices
Higher steel prices, tariffs and shipping costs could raise production costs
A stronger yen would shrink overseas results when converted into yen

Annual Securities Report (62nd term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (62nd term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Hitachi Construction Machinery sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥71
SG&A: ¥20
Operating profit: ¥9
Net profit kept: ¥5

Annual margin trends

Gross margin29.7%

Operating margin9.3%

Net margin5.2%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Construction machinery business¥1.27T
90%
Op. margin 9.4%Industry: Construction & Farm Machinery
Specialized parts and service business¥137B
10%
Op. margin 7.9%Industry: Construction & Farm Machinery

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第62期(2025/04/01－2026/03/31)
ID S100YIBR2026-06-23Open
EDINET (FSA Japan)
訂正有価証券報告書－第61期(2024/04/01－2025/03/31)
ID S100WD2K2025-07-15Open
EDINET (FSA Japan)
有価証券報告書－第60期(2023/04/01－2024/03/31)
ID S100TS7E2024-06-25Open
EDINET (FSA Japan)
有価証券報告書－第59期(2022/04/01－2023/03/31)
ID S100R5E32023-06-27Open
EDINET (FSA Japan)
訂正有価証券報告書－第58期(令和3年4月1日－令和4年3月31日)
ID S100PH3C2022-11-08Open
EDINET (FSA Japan)
有価証券報告書－第57期(令和2年4月1日－令和3年3月31日)
ID S100LTRB2021-06-29Open

Extracted from XBRL: 43 / Derived from other figures: 1

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