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KOMATSU, Apr-Dec (Cumulative 3Q) Pretax Income Decreases by 8%
6301 KOMATSU LTD. 【US-GAAP】
Earnings ReportKOMATSU LTD. <6301> [TSE Prime] announced its financial results (based on US-GAAP) in the afternoon session on January 30th (14:30). The consolidated pretax income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 7.8% from the same period last year to 394 billion yen. However, Progress toward the full-year plan of 464 billion yen was 85.1%, also surpassing the five-year average of 69.9%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated pretax income for the January to March period (4Q) is expected to significant drop 60.9% from the same period last year to 69.0 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated pretax income decreased to 136 billion yen, an 8.7% decrease compared to the same period last year. The operating profit margin decreased from 16.4% in the same period last year to 13.9%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 2,794,990 | 453,421 | 430,271 | 304,267 | 321.7 | 74.7 | Jan 30, 2024 | US-GAAP |
| Apr - Dec, 2024 | 2,957,262 | 466,062 | 428,195 | 310,068 | 333.3 | 70.8 | Jan 31, 2025 | US-GAAP |
| Apr - Dec, 2025 | 2,915,484 | 419,015 | 394,930 | 269,809 | 295.8 | 85.1 | Jan 30, 2026 | US-GAAP |
| YoY | -1.4% | -10.1% | -7.8% | -13.0% | -11.2% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 2,136,329 | 353,698 | 326,184 | 237,885 | 256.2 | 107 | Apr 28, 2025 | US-GAAP |
| Oct - Mar, 2025 Guidance | 1,996,413 | 222,939 | 205,615 | 144,299 | 159.9 | 95 | Oct 29, 2025 | US-GAAP |
| YoY | -6.5% | -37.0% | -37.0% | -39.3% | -37.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 3,865,122 | 607,194 | 575,663 | 393,426 | 416.0 | 167 | Apr 26, 2024 | US-GAAP |
| Mar, 2025 | 4,104,395 | 657,125 | 604,838 | 439,614 | 473.4 | 190 | Apr 28, 2025 | US-GAAP |
| Mar, 2026 Guidance | 3,888,000 | 500,000 | 464,000 | 320,000 | 354.7 | 190 | Oct 29, 2025 | US-GAAP |
| YoY | -5.3% | -23.9% | -23.3% | -27.2% | -25.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 989,196 | 162,635 | 149,541 | 108,339 | 116.4 | 16.4 | Jan 31, 2025 | US-GAAP |
| Jan - Mar, 2025 | 1,147,133 | 191,063 | 176,643 | 129,546 | 139.5 | 16.7 | Apr 28, 2025 | US-GAAP |
| Apr - Jun, 2025 | 909,524 | 140,391 | 131,295 | 91,194 | 99.1 | 15.4 | Jul 29, 2025 | US-GAAP |
| Jul - Sep, 2025 | 982,063 | 136,670 | 127,090 | 84,507 | 92.3 | 13.9 | Oct 29, 2025 | US-GAAP |
| Oct - Dec, 2025 | 1,023,897 | 141,954 | 136,545 | 94,108 | 103.2 | 13.9 | Jan 30, 2026 | US-GAAP |
| YoY | +3.5% | -12.7% | -8.7% | -13.1% | -11.4% |
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