M&M to exit agri-machinery business in Japan; stock falls over 3%
Published on 02/03/2026 01:35 PM
M&M to exit agri-machinery business in Japan; stock falls over 3%Mahindra & Mahindra Limited will exit its agri-machinery business in Japan by FY27, citing structural headwinds, but will continue parts and warranty support for customers in Japan.By Sudarshan Kumar March 2, 2026, 1:35:24 PM IST (Updated)1 Min ReadMahindra & Mahindra Limited has decided to exit its agri-machinery business in Japan as part of a broader portfolio rationalisation exercise, the company said.
The move follows a strategic review and has been described by the company as a prudent capital allocation decision. Mahindra said the transition will be carried out in an orderly manner, with operations expected to cease by the first half of the financial year 2027.
Despite exiting the business, the company said it will continue to provide parts and warranty support to customers in Japan to ensure service continuity.
Mahindra cited structural headwinds in the Japanese market as the context for its decision. These include shifts in demand patterns, competitive pressures and production constraints.
Shares of the company were trading 3.13% lower at ₹3,291.20 at 12.58 pm on Monday. The stock, however, has gained 26.03% in the last year.
Also Read: Eternal shares decline for 10th day in record losing streak; Bernstein says 'good buying opportunity'Continue Reading(Edited by : Gareema Bangad)First Published: Mar 2, 2026 1:22 PM ISTTagsAgriculturalJapanM&MMahindra & Mahindra M&MMahindra and Mahindrashare market today