Tadano stock posts stronger first half as profit plan holds

Published on 10/07/2026 at 03:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tadano stock was trading at JPY 1,399 on October 7, 2026, while first-half revenue rose 10.8 percent to JPY 182.6 billion. Operating profit climbed 82.1 percent to JPY 14.9 billion.

Tadano, JP3465000002, Illustration mit AI erstellt.

Tadano Ltd. (ISIN JP3465000002) was trading at JPY 1,399 on the Tokyo Stock Exchange on October 7, 2026 at 10:00 a.m. JST, up JPY 42 or 3.10 percent from the prior close of JPY 1,357. The latest operating figures show a sharp improvement in the first half of fiscal 2026, but the full-year earnings plan remains the key test for Tadano stock.

First half lifts operating profit

According to BeikabuMap on October 4, 2026, Tadano reported first-half fiscal 2026 revenue of JPY 182.6 billion for the six months through June 2026. That was 10.8 percent higher than JPY 164.8 billion in the comparable period.

Operating profit rose 82.1 percent to JPY 14.9 billion from JPY 8.2 billion, while net income increased 177.1 percent to JPY 10.7 billion from JPY 3.9 billion. The operating margin consequently reached 8.1 percent, compared with 5.0 percent a year earlier.

Acquisition supports growth

Logmi Finance reported on August 27, 2026, that Tadano attributed the first-half increase partly to the acquisition of Tadano Infrastructure Solutions, formerly IHI Transport Machinery. The unit was included in the first-half results for the first time after its acquisition on July 1, 2025.

The briefing also identified a JPY 2.9 billion tariff refund in the first half as a contributor to operating profit. Tadano kept its full-year fiscal 2026 outlook unchanged, targeting revenue of JPY 400.0 billion, operating profit of JPY 25.0 billion and net income of JPY 14.0 billion.

Guidance sets the next hurdle

The guidance implies 14.5 percent revenue growth and 34.1 percent operating profit growth from fiscal 2025. Net income is guided 24.3 percent below the JPY 18.3 billion reported for fiscal 2025, making the profit mix more important than sales growth alone.

For investors, the contrast is clear: the first-half operating trend improved materially, while the annual net income target remains below the previous year's result. Tadano's exposure to North America, crane demand and the integration of acquired businesses will determine whether the operating improvement converts into the planned full-year earnings.

Stock trades below yearly high

Tadano stock was trading at JPY 1,399 on October 7, 2026 at 10:00 a.m. JST. Its 52-week range was JPY 992 to JPY 1,551, placing the latest price JPY 152 below the yearly high, while the market capitalization stood at JPY 177.2 billion and volume reached 129,700 shares.