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TADANO LTD.

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Recent & upcoming events

Oct 27
Earnings 2:00
Q3 earnings
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Aug 4
Earnings 2:00
Q2 earnings announcement (scheduled)
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Jun 28
Ex-dividend Time TBD
Ex-rights date (interim)
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Jun 25
Dividend Time TBD
Last day with rights (interim)
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May 7
Earnings 2:00
Q1 earnings announcement (scheduled)
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Mar 26
Shareholder meeting 21:00
Shareholders' meeting
Venue: Takamatsu Kokusai Hotel, New Building 2F Seto-no-ma, 2191-1 Kita-cho, Takamatsu, Kagawa (香川県高松市木太町2191番地1 高松国際ホテル 新館2階 瀬戸の間) Details
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Feb 10
Earnings 1:00
FY earnings announcement (scheduled)
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Dec 27
Est.
Dividend Time TBD
Last day with rights (year-end)
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Dec 28
Est.
Ex-dividend Time TBD
Ex-rights date (year-end)
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2027
Jan 26
Est.
Earnings 1:00 approx.
Full-year earnings
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Apr 20
Est.
Earnings 2:00 approx.
Q1 earnings
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Jun 27
Est.
Dividend Time TBD
Last day with rights (interim)
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Jun 28
Est.
Ex-dividend Time TBD
Ex-rights date (interim)
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Jul 13
Est.
Earnings 2:00 approx.
Q2 earnings
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Past events
2026
Oct 27
Earnings 2:00
Q3 earnings
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KPI highlights

FY25
Revenue ¥349.48B YoY +19.9%
Operating income ¥18.55B margin 5.3%
Net income ¥18.30B YoY +175.5%
EPS ¥145 YoY +176.9%
P/E —
ROE 9.3% Equity ratio 45% Typical equity ratios vary a lot by industry. Banks, brokerages, and other financial companies tend to run lower ratios because leverage (using other people's capital) is core to their business model — a low ratio there isn't a sign of financial weakness.

Company guidance

FY2026/12 Company-issued full-year guidance (from earnings report) / %=vs prior FY
Revenue ¥400.00B +14.5%
Operating income ¥25.00B +34.8%
Net income ¥14.00B -23.5%
EPS ¥111 -23.5%

Quarterly fundamentals

Income & cash flow
Quarter FY23 Q3FY23 Q4FY24 Q1FY24 Q2FY25 Q1FY26 Q1
Revenue ¥70.66B¥76.34B¥62.46B¥78.92B——
Operating income ¥4.40B¥5.16B¥5.63B¥6.66B——
Net income ¥1.78B¥2.85B¥2.01B¥3.17B——
Operating CF ——————

Ownership over time

Share of total shares outstanding (disclosed major holdings + undisclosed)(2021–2025)

国内機関 26.5%海外機関 13.4%アクティビスト 3.8%未開示 53.6%20212022202320242025
国内機関海外機関アクティビスト個人未開示・浮動株

「国内機関」は信託銀行の名義口座(年金・パッシブ・一部海外資本を含む)を集計し、実質保有者へは分解していません。分類は開示名称からの推定です。

Top shareholders — rank & share

日本マスタートラスト信託銀行株式会社 11.3%日本マスタートラスト信託銀行株式会社JAPAN ACTIVATION C 6.2%JAPAN ACTIVATION CAPITAL I L.P.(常任代理人 株式会社三菱UFJ銀行)日本生命保険相互会社 5%日本生命保険相互会社JAPAN ACTIVATION C 4.8%JAPAN ACTIVATION CAPITAL II L.P.(常任代理人 株式会社三菱UFJ銀行)株式会社日本カストディ銀行 4.6%株式会社日本カストディ銀行明治安田生命保険相互会社 3.2%明治安田生命保険相互会社タダノ取引先持株会 2.7%タダノ取引先持株会株式会社百十四銀行 2.5%株式会社百十四銀行STATE STREET BANK 2.5%STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部)20212022202320242025

Top shareholders — actual figures (as of 2025)

Holder Shares held Ratio Source
日本マスタートラスト信託銀行株式会社 14,403,000 11.3% Yuho (EDINET)
JAPAN ACTIVATION CAPITAL I L.P. 7,867,000 6.2% Yuho (EDINET)
日本生命保険相互会社 6,301,000 5.0% Yuho (EDINET)
JAPAN ACTIVATION CAPITAL II L.P. 6,077,000 4.8% Yuho (EDINET)
株式会社日本カストディ銀行 5,803,000 4.6% Yuho (EDINET)
NORTHERN TRUST CO. (AVFC) RE SILCHESTER INTERNATIONAL INVESTORS INTERNATIONAL VALUE EQUITY TRUST 4,798,000 3.8% Yuho (EDINET)
明治安田生命保険相互会社 4,024,000 3.2% Yuho (EDINET)
タダノ取引先持株会 3,495,000 2.7% Yuho (EDINET)
株式会社百十四銀行 3,208,000 2.5% Yuho (EDINET)
STATE STREET BANK AND TRUST COMPANY 505001 3,164,000 2.5% Yuho (EDINET)

Source:EDINET(大株主の状況) Classification inferred from disclosed names

F-Score (Piotroski)

4/9

Checks financial health against 9 criteria and shows how many are met as a fraction (more ✓ marks is healthier). Items with no data are shown as “—” — they're simply excluded from judgment, not counted against the score.

✓ Positive ROA ROA 4.0%
✗ Positive operating cash flow ¥-2.41B
✓ ROA improved YoY 1.6% → 4.0%
✗ Operating CF exceeds net income (accrual quality) OCF ¥-2.41B / net income ¥18.30B
✗ Equity ratio improved* Substitute for the original “decrease in long-term debt” 46.8% → 44.9%
✗ Current ratio improved 2.11× → 2.06×
✓ No dilution (shares outstanding did not increase) 129,500,000 → 129,500,000
✗ Gross margin improved 29.0% → 26.7%
✓ Asset turnover improved 0.72× → 0.76×

This score is reference information based on our own financial metrics. It is NOT a credit rating issued by a credit rating agency under Article 66-27 of the Financial Instruments and Exchange Act, and is NOT investment advice or a recommendation. Make investment decisions at your own responsibility.

Fact checklist

FY25
Equity ratio 44.9%
Current ratio 2.1×
Years of positive operating CF 6 of last 9 yrs
Payout ratio 24%
Latest fiscal year result Profit (net income ¥18.30B)

Performance history

Last 10 years
0億円874億円1,747億円2,621億円3,495億円 FY17FY18FY19FY20FY21FY22FY23FY24FY25

Income & assets

Unit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25
Revenue 1,7971,7371,8852,2791,8601,9292,8032,9153,495
Operating income 185155158156-42.071.9183238186
Ordinary income 185149156155-46.865.4164211151
Net income 11993.911578.8-13022.177.766.4183
Total assets 2,2982,4562,5583,1203,2393,5673,6524,0344,585
Equity 1,4251,5001,5501,5961,4541,6781,8141,8892,059

Indicators & cash flow

Unit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25
EPS ¥94¥74¥91¥62¥-103¥17¥61¥52¥145
ROE 8.6%6.4%7.6%5.0%—1.4%4.5%3.6%9.3%
Operating CF 33.030025.2-29.8204-2041010.26-24.1
Investing CF -48.0-39.4-171-315-37.345.2-39.8-251-6.49
Financing CF -25.0-79.9-57.2260290-50.5-133216-21.1
FCF -15.0261-145-345167-15961.4-251-30.6

A “—” means data wasn't available for that period — it's not a display error or an unusual value.

Source: EDINET (Annual Securities Report) (fetched 2026-08-29) *Some metrics supplemented from additional sources

Key financial metrics

3-year revenue growth ✓ Dividend grower ✓

Sector positioning

Relative standing within the sector

Data provided by Twelve Data