Apr. 28, 2026
Komatsu Ltd. (“Company”) (President and CEO: Takuya Imayoshi) announces today that, at a meeting of its Board of Directors held on April 28, 2026, the Company decided to pay a dividend from the retained earnings and to reverse the general reserve, with the record date of March 31, 2026 and propose this resolution to the 157th ordinary general meeting of shareholders. Details are as follows.
1. Details of dividend
Komatsu is building a sound financial position and is enhancing its competitiveness in order to achieve a sustainable increase in its corporate value. Concerning cash dividends, Komatsu has the policy of continuing stable payment of dividends after comprehensively considering consolidated business results and reviewing future investment plans, cash flows and the like. Specifically, Komatsu has the policy of maintaining a consolidated payout ratio of 40% or higher.
Concerning cash dividends for the fiscal year under review, after considering consolidated business results for the fiscal year under review and future business prospects under its dividend policy, the Company is planning to pay the year-end common stock dividend of JPY 95 per share, same as previous projection. Annual cash dividends should total JPY 190 per share, including the interim cash dividend which has already been paid, and which is the same amount as the previous fiscal year, ended March 31, 2025. Accordingly, the consolidated payout ratio will translate into 45.9%. This dividend amount will be proposed to the 157th ordinary general meeting of shareholders (scheduled for June 23, 2026).
Regarding the fiscal year, ending March 31, 2027, while consolidated net income is projected to decrease, the Company plans to pay JPY 190 per share, keeping the same amount from the fiscal year under review. The consolidated payout ratio should be translated into 53.8%.
2. Reversal of general reserve
The Company will reverse the general reserve and reclassify it to the retained earnings brought forward as follows.
(1) Item and amount of other retained earnings to be decreased
General reserve JPY 210,359,000,000
(2) Item and amount of other retained earnings to be increased
Retained earnings brought forward JPY 210,359,000,000
(3) Purpose
To ensure flexibility in capital policy.
(4) Effective date
The reversal will take effect upon resolution at the 157th ordinary general meeting of shareholders scheduled for June 23, 2026.
(5) Impact on business results
There will be no impact on consolidated business results from this matter.
No : 0010(3423)
Corporate Communications Department
Sustainability Promotion Division
Komatsu Ltd.
tel: +81-(0)3-5561-2616
mail: JP00MB_cc_department@global.komatsu
*The information may be subject to change without notice.
