1H update on Takeuchi

Takeuchi published its first half result: lower unit volume, higher operating margin, EPS up 33%, 4% Buyback announced

Takeuchi published its first half result: lower unit volume, higher operating margin, EPS up 33%, 4% Buyback announced. Here are some keynotes related to the latest results and some recent investigation related to Takeuchi.

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Keynotes

• by going though the product specs this week, I realized that the majority of the CTL products were using a Kubota engine. Since Kubota is one of the largest competitor of Takeuchi, I thought this could be a risk. - Refer to Annex 1 at the end on product recap.

• After further investigations it seems that a large portion of the hydraulic e…