Komatsu raises full-year net profit forecast to 349 billion yen

Earnings
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Komatsu on the 29th raised its full-year consolidated net profit forecast for the fiscal year ending March 2027 to 349 billion yen, down 7.3 percent from the previous year, compared with the previous forecast of 318 billion yen. The impact of U.S. tariffs is now expected to be smaller than initially anticipated due to changes in some tariff rates, and the decline in demand from the worsening Middle East situation was also less severe than assumed at the start of the fiscal year. First-quarter consolidated net profit rose 5.4 percent year-on-year to 96.1 billion yen, with the construction machinery and vehicle segment benefiting from the weaker yen and higher sales in North America, Central and South America, and Africa. The annual dividend forecast was kept unchanged at 190 yen per share.

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Raised full-year net profit forecast to 349 billion yen from 318 billion yen, and first-quarter net profit rose 5.4%.