Hitachi Construction Machinery lifts fiscal 2026 earnings outlook

Hitachi Construction Machinery announced consolidated financial results for the second quarter ended September 30, 2025, with revenue of JPY 654,051 million, a 1.8% decrease year-on-year. Adjusted operating income reached JPY 60,148 million, down 15.7%, while net income attributable to owners of the parent increased 18.9% to JPY 37,750 million. The company reported a basic EPS of JPY 177.46.

Based on these results, Hitachi Construction Machinery revised its full-year consolidated earnings forecast for the fiscal year ending March 2026. The updated forecast projects revenue of JPY 1,320,000 million (up 1.5%), adjusted operating income of JPY 132,000 million (up 1.5%), and net income attributable to owners of the parent of JPY 74,000 million (up 1.4%). The annual dividend plan of JPY 175 per share remains unchanged, maintaining stability for shareholders.

The upward revision reflects a recovery in performance, particularly in the second quarter, despite persistent uncertainties in demand, yen appreciation, and cautious investment by major customers. The company continues to absorb increased costs from U.S. tariff policies through price adjustments.