October 29, 2026
Komatsu Ltd. today announced its consolidated business results for six months of the fiscal year ending March 31, 2027 (U.S. GAAP). The highlights are described below.
1. Results for six months ended September 30, 2026
For the first six-month period (April 1- September 30, 2026) of the fiscal year ending March 31, 2027, consolidated net sales totaled JPY 2,158.6 billion, an increase of 14.1% from the corresponding period a year ago. In the construction, mining and utility equipment business, sales increased from the corresponding period a year ago, supported by the depreciation of the Japanese yen compared to the corresponding period a year ago, increased sales volume and improved selling prices. In the industrial machinery and others business, sales increased from the corresponding period a year ago, mainly supported by increased sales for the semiconductor industry.
With respect to profits for the first six-month period under review in the construction, mining and utility equipment business, despite factors such as increased costs, profits increased primarily due to the Japanese yen's depreciation, improved selling prices and an increase in sales volume. In the retail finance and industrial machinery and others business, profits increased. As a result, operating income totaled JPY 286.6 billion, an increase of 3.5% from the corresponding period a year ago and the operating income ratio decreased by 1.3 percentage point from the corresponding period a year ago to 13.3%. Income before income taxes and equity in earnings of affiliated companies increased by 4.9% from the corresponding period a year ago to JPY 271.0 billion. Net income attributable to Komatsu Ltd. increased by 9.2% from the corresponding period a year ago to JPY 191.9 billion.
2. Projection for the fiscal year ending March 31, 2027（FY2026）
Komatsu has made upward revisions to its projected consolidated sales and profits for the fiscal year ending March 31, 2027 from those announced on July 29. These revisions reflect stronger-than-expected demand across many regions in the construction, mining, and utility equipment business during the first six-month period, with demand expected to remain above initial expectations for the full year, as well as the greater-than-expected depreciation of the Japanese yen during the second quarter.
The average exchange rates assumed in the projection for the second six-month period remain unchanged from those announced on July 29, 2026 (USD 1=JPY 150.0, EUR 1=JPY 174.0, and AUD 1=JPY 106.0). With respect to average exchange rates for the full year, Komatsu now estimates them at USD 1=JPY 154.5, EUR 1=JPY 179.1, and AUD 1=JPY 109.2 (previous projections: USD 1=JPY 152.1, EUR 1=JPY 176.6, and AUD 1=JPY 107.6).
No : 0074(3487)
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.
