The earnings call revealed a challenging Q1 for Komatsu, with significant declines in net sales, operating income, and net income due to currency exchange impacts and reduced sales volume. However, there were positive developments in the retail finance and industrial machinery segments, alongside strategic wins like the Reko Diq project. Despite these achievements, the adverse conditions in major markets like North America, Japan, and Indonesia weighed heavily on the overall performance.

Company Guidance -

Q2 2025

In the call, Komatsu Limited provided guidance for fiscal year 2025, highlighting several key metrics. The exchange rates were noted as JPY145.5 to the US dollar, JPY162.5 to the euro, and JPY92.6 to the Australian dollar, with the yen appreciating against these currencies compared to the previous year. Net sales for Q1 fiscal 2025 decreased by 5.2% year-over-year to JPY909.5 billion, while operating income fell by 10.6% to JPY140.4 billion, resulting in a one-point drop in the operating income ratio to 15.4%. Net income also saw a significant decline of 16.9% to JPY91.2 billion. Segment-wise, construction, mining, and utility equipment sales dropped by 5.5% to JPY844.9 billion, with segment profit decreasing by 14.1% to JPY122.3 billion. In contrast, the retail finance segment profit increased by 22.5% to JPY9.4 billion, despite flat sales year-over-year. Meanwhile, the industrial machinery and others segment experienced a 4.6% sales decline to JPY43.5 billion but saw a substantial 43.5% increase in segment profit to JPY7.2 billion. The company also noted a JPY72.7 billion increase in total assets, primarily due to an increase in inventory assets, and indicated a full-year forecast that remains unchanged from April, with expectations for a 10% year-over-year decrease in mining equipment sales to JPY1,727.9 billion.

Retail Finance Segment Profit Growth

Segment profit in the retail finance business increased by 22.5% YoY to JPY9.4 billion, driven by lower procurement costs.

Industrial Machinery Segment Profit Increase

Despite a 4.6% decrease in sales to JPY43.5 billion, the segment profit expanded by 43.5% YoY to JPY7.2 billion, with the segment profit ratio increasing to 16.6%.

New Contract for Reko Diq Mining Project

Komatsu signed a significant contract to supply mining equipment for the Reko Diq copper and gold mining project, amounting to approximately USD440 billion, marking the company's first large-scale order in the Middle East.

Introduction of Power-Agnostic Truck

Komatsu introduced a new power-agnostic truck model at the Aitik copper mine, capable of transitioning to lower-emission power sources like battery electric or hydrogen fuel cells.

Komatsu Ltd. (JP:6301) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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JP:6301 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q2)	93.14 / -	99.29	―	―	―
Jul 29, 2025	2025 (Q1)	106.06 / 99.08	116.48	-14.94% (-17.40)	―	―
Apr 28, 2025	2024 (Q4)	97.75 / 140.19	94.162	48.88% (+46.03)	―	―
Jan 31, 2025	2024 (Q3)	108.71 / 117.32	104.35	12.43% (+12.97)	―	―
Oct 29, 2024	2024 (Q2)	87.06 / 99.29	105.87	-6.22% (-6.58)	―	―
Jul 29, 2024	2024 (Q1)	98.78 / 116.48	111.49	4.48% (+4.99)	―	―
Apr 26, 2024	2023 (Q4)	76.52 / 94.16	100.024	-5.86% (-5.86)	―	―
Jan 30, 2024	2023 (Q3)	100.23 / 104.35	73.34	42.28% (+31.01)	―	―
Oct 27, 2023	2023 (Q2)	98.72 / 105.87	86.85	21.90% (+19.02)	―	―
Jul 28, 2023	2023 (Q1)	82.92 / 111.49	85.11	31.00% (+26.38)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JP:6301 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	¥5323.00	¥5022.00	-5.65%
Apr 28, 2025	¥4035.00	¥4127.00	+2.28%
Jan 31, 2025	¥4455.93	¥4625.88	+3.81%
Oct 29, 2024	¥3911.88	¥3975.37	+1.62%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Komatsu Ltd. (JP:6301) report earnings?

Komatsu Ltd. (JP:6301) is schdueled to report earning on Nov 04, 2025, TBA (Confirmed).

What is Komatsu Ltd. (JP:6301) earnings time?

Komatsu Ltd. (JP:6301) earnings time is at Nov 04, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Komatsu Ltd. stock?

The P/E ratio of Komatsu Ltd. is N/A.

What is JP:6301 EPS forecast?

JP:6301 EPS forecast for the fiscal quarter 2025 (Q2) is 93.14.

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