Hitachi Construction Machinery Co., Ltd.

Hitachi Construction Machinery reported record first-quarter revenue for fiscal year 2027 of 329.1 billion yen, while quarterly profit attributable to owners of the parent jumped 148.6 percent year on year to 28 billion yen. Adjusted operating profit came to 34.4 billion yen, up 55.7 percent, and pre-tax quarterly profit was 43.9 billion yen, up 123.3 percent. Full-year guidance was raised to revenue of 1.47 trillion yen, adjusted operating profit of 150 billion yen, and profit attributable to owners of the parent of 84 billion yen. The main reason for the upward revision was a weaker yen than assumed, while volume assumptions remain cautious, with a slight year-on-year decline expected. The share price has risen 12.2 percent over the past month, closing at 6,005 yen on August 24.

The U.S. construction equipment market is projected to grow at a compound annual growth rate of 3.96% from 2025 to 2031, reaching an estimated 476,905 units by 2031. Earthmoving equipment accounted for about 54% of the market in 2025, with compact earthmoving equipment leading the segment. The road construction segment is expected to expand at a 3.46% CAGR, supported by government infrastructure spending including the Bipartisan Infrastructure Law's nearly $973 billion investment. Key vendors include Caterpillar, Komatsu, Deere & Company, Volvo CE, Liebherr, and Hitachi Construction Machinery, while trends such as electrification and automation are shaping the industry.