)

Komatsu (6301) investor relations material
Komatsu Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net sales declined 5.2% year-over-year to JPY 909.5 billion, with operating income down 10.6% to JPY 140.4 billion and net income down 16.9% to JPY 91.2 billion, mainly due to yen appreciation and lower sales volume.
Sales and profits were negatively impacted by the appreciation of the yen, despite improved selling prices partially offsetting lower volumes and higher costs.
Launched a three-year Strategic Growth Plan focused on innovation, growth, and business transformation.
Tariff impacts in Q1 were minimal, but ongoing U.S. tariff policy and FX volatility remain key factors.
Financial highlights
Operating income ratio decreased to 15.4%, down 1 point year-over-year.
Shareholders' equity ratio declined by 1.9 points to 53.1%.
Total assets rose to JPY 5,846.2 billion, mainly from increased inventory assets.
Comprehensive income fell sharply to JPY 64.3 billion from JPY 288.2 billion, mainly due to foreign currency translation losses.
Cash and cash equivalents increased to JPY 448.9 billion, up JPY 63.3 billion from the previous fiscal year-end.
Outlook and guidance
Full-year FY2025/FY2026 guidance maintained: net sales JPY 3,745 billion (-8.8%), operating income JPY 478 billion (-27.3%), net income JPY 309 billion (-29.7%).
No changes to dividend projections; total annual dividend forecast at JPY 190 per share.
Price increases to be implemented from August orders, expected to offset at least half of cost increases in H2.
U.S. tariff cost impact revised downward, with a 30 billion yen reduction in payment basis and 3.5 billion yen less impact on profit and loss compared to April forecast.
Guidance does not reflect the impact of planned share repurchases and cancellations.
Next Komatsu earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage