July 27, 2018
Jul. 27, 2018
Komatsu Ltd. today announced its consolidated business results for three months of the fiscal year ending March 31, 2019 (U.S. GAAP). The highlights are described below.
1.Results for Three Months Ended June 30, 2018
For the first three-month period (April 1 – June 30, 2018) of the fiscal year ending March 31, 2019, consolidated net sales totaled JPY646.0 billion, up 15.1% from the corresponding period a year ago. In the construction, mining and utility equipment business, while demand for construction equipment declined mainly as a rebound of pre-buy demand in anticipation of the new emission control regulations of September 2017 in Japan, Komatsu steadfastly captured growing demand in many regions of the world, centering on North America and Asia. As a result, sales improved from the corresponding period a year ago. In the industrial machinery and others business, sales in Excimer laser-related and other businesses increased against the backdrop of strong semiconductor market conditions. As a result, three-month sales increased from the corresponding period a year ago.
With respect to profits for the first three-month period under review, operating income expanded by 85.8% from the corresponding period a year ago, to JPY96.0 billion, driven by increased sales in many regions of the world and reflecting reduced temporary expenses in association with the acquisition of Komatsu Mining Corp., which became a consolidated subsidiary in April 2017. The operating income ratio improved by 5.7 percentage points to 14.9%. Income before income taxes and equity in earnings of affiliated companies climbed to JPY92.9 billion, up 93.2%. Net income attributable to Komatsu Ltd. totaled JPY 62.9 billion, up 73.0%.
2.Projections for the Fiscal Year Ending March 31, 2019(FY2018)
Komatsu makes no change in the projection of April 26, 2018, concerning consolidated business results for the fiscal year ending March 31, 2019.
December 11, 2024,Dongfeng Commercial Vehicle 2025 Annual Partner Conference Held in Chengdu。Based on the final season of 2024,Dongfeng Commercial Vehicle joins hands with more than 600 dealers nationwide、There are more than 1000 representatives of mor
December eleventh,With“WE ARE ONE——A family、One heart、Work together、It's going to work”The 2025 Global Supply Chain Strategic Partnership Conference of China Heavy Truck Group was held in Shandong International Convention a
The other day,Final judgment of the People's Court of Changsha County, Hunan Province,It was found that Anbaituo Trading Co., Ltd. had caused damage to the commercial reputation of Sunward Intelligence.,Its behavior constitutes unfair competition.
December 2,Beijing Party Branch of International Corporation and Construction Machinery Party Branch of China Construction Machinery Corporation、The General Party Branch of China has launched“Forging New Productive Forces and Promoting New Indust
Copyright Notice 2002-2024 global-ce.com Construction Machinery Online. All rights reserved.
Address: Room 901, Building C, Ruipu Mansion, Hongjunying South Road No.15, Chaoyang District, Beijing.100107 P.R.China