Wakita sees Q2 revenue rise despite dip in construction machinery profit

Wakita & Co. reported consolidated net sales of 44,693 million yen for the six months ended August 31, 2025, a 3.5% increase year-over-year. However, operating profit decreased by 8.4% to 2,558 million yen, primarily due to a decline in the construction machinery business segment. This was attributed to increased shareholder benefit provisions, long-term upfront investments, and rising purchase prices from a weak yen. Despite this, the gross profit margin improved.

The company is progressing with its 2028 Medium-Term Management Plan, focusing on expanding its store network, digital transformation, and business domain expansion. Key initiatives include opening the Inzai Sales Office in May 2025 and plans for a Shinjo Sales Office in November. The nursing care business is also expanding, with Carelex Co. Ltd. joining the group in September 2025, boosting locations to 86 by November 2025.

In line with promoting DX, Wakita will host the "WAKITA JUMBO FAIR 2025" in October, showcasing remote control technology for construction machinery and human detection safety devices. The company is also enhancing asset efficiency through digitalizing inspection data for "regular inspections" of construction machinery, becoming the first in the industry to obtain approval for paperless data storage.