WS Investor
30 Jan 2026, 13:52
Komatsu Ltd. reported its consolidated business results for the nine months ended December 31, 2025, for the fiscal year ending March 31, 2026, under U.S. GAAP.
Consolidated net sales for the period totaled JPY 2,915.5 billion, down 1.4% year on year. Sales in the construction, mining and utility equipment business declined due to the appreciation of the Japanese yen and lower sales volumes, despite efforts to raise selling prices. This was partly offset by growth in the industrial machinery and others segment, supported by higher sales of large presses for the automotive industry and increased maintenance revenues related to excimer laser equipment for semiconductors.
Operating income decreased 10.1% from a year earlier to JPY 419.0 billion, with the operating margin falling to 14.4%. Income before income taxes declined 7.8% to JPY 394.9 billion, while net income attributable to Komatsu fell 13.0% to JPY 269.8 billion. The decline in profitability mainly reflected higher costs, lower sales volumes, and the stronger yen, although profits increased in the retail finance and industrial machinery businesses.
Komatsu said it has made no changes to its full-year forecast for the fiscal year ending March 31, 2026, maintaining the outlook it announced on October 29, 2025.
Consolidated net sales for the period totaled JPY 2,915.5 billion, down 1.4% year on year. Sales in the construction, mining and utility equipment business declined due to the appreciation of the Japanese yen and lower sales volumes, despite efforts to raise selling prices. This was partly offset by growth in the industrial machinery and others segment, supported by higher sales of large presses for the automotive industry and increased maintenance revenues related to excimer laser equipment for semiconductors.
Operating income decreased 10.1% from a year earlier to JPY 419.0 billion, with the operating margin falling to 14.4%. Income before income taxes declined 7.8% to JPY 394.9 billion, while net income attributable to Komatsu fell 13.0% to JPY 269.8 billion. The decline in profitability mainly reflected higher costs, lower sales volumes, and the stronger yen, although profits increased in the retail finance and industrial machinery businesses.
Komatsu said it has made no changes to its full-year forecast for the fiscal year ending March 31, 2026, maintaining the outlook it announced on October 29, 2025.