TAKEUCHI MFG.CO.,LTD. (6432) Stock Price

Market cap
¥350.8B
P/E ratio
12.8x
Takeuchi Manufacturing develops and produces mini excavators, hydraulic excavators, and crawler loaders for construction markets worldwide through facilities in Japan, the US, UK, France, and China.

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Business Overview

Takeuchi Manufacturing is a company primarily engaged in the development, manufacturing, and sales of construction machinery. Its main products include mini excavators, hydraulic excavators, and crawler loaders. These products are supplied to markets worldwide.

Takeuchi Manufacturing's business is organized by region, with operations in Japan, the United States, the United Kingdom, France, and China. In Japan, the company handles development, manufacturing, and sales. In the United States, TAKEUCHI MFG.(U.S.),LTD. manages manufacturing and sales operations.

In the United Kingdom and France, TAKEUCHI MFG.(U.K.)LTD. and TAKEUCHI FRANCE S.A.S. respectively handle sales. In China, Takeuchi Construction Machinery (Qingdao) Co., Ltd. is responsible for component manufacturing.

In the North American market, Takeuchi Manufacturing sells construction machinery developed by the company through its U.S. subsidiary. Crawler loaders undergo final assembly in the United States and are sold to local rental companies and dealers.

In the European market, sales are conducted through subsidiaries in the United Kingdom and France. Additionally, the company engages in direct sales to local distributors in European regions outside the United Kingdom and France.

In overseas markets outside North America and Europe, the company supplies products to local distributors through trading companies. In Japan, the company provides products under OEM contracts and conducts direct sales of specialized construction machinery.

At its China facility, Takeuchi Manufacturing produces construction machinery components and supplies them to its headquarters in Japan, thereby supporting its global production system.

Management Policy

Takeuchi Manufacturing aims to contribute to the happiness and prosperity of people worldwide through the development, manufacturing, and sales of the world's highest-quality compact construction machinery. The company prioritizes enhancing user experience and building customer loyalty while pursuing sustainable growth.

The company's management philosophy is based on three principles: "Innovation," "Challenge," and "Collaboration." It develops products that meet customer needs with refined sensibility, pursues ambitious goals with vision and vitality, and fosters coexistence with society through harmony and compassion.

Takeuchi Manufacturing has achieved record-high performance, with North America and Europe as its primary markets. Demand remains strong for aging infrastructure renewal and new residential construction, with continued product demand expected. Expansion of construction investment related to green transformation is also anticipated.

The company will strengthen competitive advantages in environmental and performance aspects by advancing electrification and automation. This will drive product development that keeps customers choosing Takeuchi, thereby enhancing corporate value.

In its medium-term management plan from 2026 to 2028, Takeuchi Manufacturing aims to expand its sales network and increase aftermarket parts sales. The company will increase sales bases in North America, Europe, and Oceania to strengthen product sales.

The company will also reorganize production models and construct new factories, with plans to double crawler loader production capacity. It will expand its lineup of battery-powered mini excavators and promote environmentally friendly product development.

Investment in human capital is also prioritized to improve employee well-being. The company will advance sustainability-focused management, aiming to reduce environmental impact and strengthen stakeholder engagement.

By 2028, Takeuchi Manufacturing targets net sales of 300 billion yen and operating profit of 52 billion yen. Through these initiatives, the company will achieve sustainable growth and enhance corporate value.

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