Japan: First quarter results for the fiscal year period April 1 to June 30, 2006 at Tadano in Japan show a 14% increase in sales compared to the same period in 2005. Sales were $265 million for the quarter, with fleet renewal cited as the main reason for the rise. In overseas markets sales rose by 26% to $106 million due to higher demand in North America, Eastern Europe and the Middle East.
On the profit side, ordinary income rose 43.1% to $25 million due to increased sales and improvements in the cost of sales ratio.
The company forecasts sales for the full fiscal year from April 2006 to April 2007 to total $1,157 million.