Oct. 29, 2025
Komatsu Ltd. today announced its consolidated business results for six months of the fiscal year ending March 31, 2026 (U.S. GAAP). The highlights are described below.
1. Results for six months ended September 30, 2025
For the first six-month period (April 1- September 30, 2025) of the fiscal year ending March 31, 2026, consolidated net sales totaled JPY 1,891.6 billion, a decrease of 3.9% from the corresponding period a year ago. In the construction, mining and utility equipment business, despite our efforts to improve the selling prices, sales decreased from the corresponding period a year ago due to the appreciation of the Japanese yen compared to the corresponding period a year ago and reduced sales volume. In the industrial machinery and others business, sales increased from the corresponding period a year ago, supported primarily by increased sales of large presses for the automobile manufacturing industry and increased maintenance revenues in the excimer laser-related business for the semiconductor industry.
With respect to profits for the first six-month period under review, despite our efforts to improve the selling prices in the construction, mining and utility equipment business, profits decreased, primarily due to a decrease in sales volume, the Japanese yen's appreciation and a cost increase. In the retail finance and industrial machinery and others business, profits increased. As a result, operating income totaled JPY 277.1 billion, a decrease of 8.7% from the corresponding period a year ago. The operating income ratio decreased by 0.8 percentage point from the corresponding period a year ago to 14.6%. Income before income taxes and equity in earnings of affiliated companies decreased by 7.3% from the corresponding period a year ago to JPY 258.4 billion. Net income attributable to Komatsu Ltd. decreased by 12.9% from the corresponding period a year ago to JPY 175.7 billion.
2. Projection for the fiscal year ending March 31, 2026（FY2025）
Komatsu has revised projected consolidated sales and profits for the fiscal year ending March 31, 2026 to reflect the Japanese yen’s more-than-anticipated depreciation, as well as the impact of U.S. tariffs and the latest market outlook.
Komatsu has reviewed the exchange rates assumed in its projection and revised the average exchange rates for the second six-month period as follows: (USD1=JPY 140.0, EUR1=JPY 163.0, and AUD1=JPY 91.0). With respect to average exchange rates for the full year, Komatsu now estimates them as follows: USD 1=JPY 143.2, EUR 1=JPY 164.9, and AUD 1=JPY 92.7 (Initial assumption: USD 1=JPY 135.0, EUR 1=JPY 150.0 and AUD 1=JPY 84.0).
No : 0066（3382）
Corporate Communications Department
Sustainability Promotion Division
Komatsu Ltd.
tel: +81-(0)3-6849-9703
mail: JP00MB_cc_department@global.komatsu
*The information may be subject to change without notice.
