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Producer Manufacturing

Komatsu Ltd.

Business Summary

Komatsu Ltd. engages in the manufacture and sale of construction and mining equipment, utility devices, forest and industrial machineries. It operates through the following business segments: Construction Machinery and Vehicles, Retail Finance, Industrial Machinery, and Others. The Construction Machinery and Vehicle segment covers machineries for mining, loading, transportation, underground construction, and recycling. It also includes leveling roadbed for machinery, industrial vehicle, engine, other machineries and equipment, casting and logistics. The Retail Finance segment offers sales financing related to construction and mining machineries. The Industrial Machinery and Others segment covers forming and sheet metal machinery, machine tools, defense related, temperature controlled equipment, prefabricated house for business, and semiconductor exposure equipment for excimer laser. The company was founded by Meitaro Takeuchi on March 13, 1921 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit1,051.47B7,758.95M
Operating income505,962M3,733.55M
Income before tax476,434M3,515.66M
Net income326,113M2,406.42M
Diluted EPS345.172.54
Dividends Per Share1391.02
Total Assets4,875.84B36,635.71M
Total liabilities2,197.89B16,514.32M
Total equity2,539.64B19,082.13M
Operating cash flow206,474M1,523.59M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 2,725.24B 2,443.14B 2,187.62B 2,804.96B 3,555.56B
Gross Profit 840,131M 694,342M 579,643M 782,236M 1,051.47B
Operating income 399,444M 253,850M 170,927M 318,196M 505,962M
Income before tax 377,471M 223,114M 162,775M 324,568M 476,434M
Net income 256,447M 153,769M 106,152M 224,683M 326,113M
EBITDA 530,908M 385,446M 304,053M 454,542M 655,650M
Diluted EPS 271.50 162.80 112.38 237.92 345.17
Dividends Per Share 110 94 55 96 139
Total Assets 3,638.21B 3,653.68B 3,784.84B 4,347.52B 4,875.84B
Total liabilities 1,735.35B 1,797.46B 1,772.81B 1,991.24B 2,197.89B
Total equity 1,815.58B 1,771.60B 1,912.29B 2,232.51B 2,539.64B
Operating cash flow 202,548M 295,181M 354,129M 300,970M 206,474M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 24,575.05M 22,470.70M 20,626.80M 24,961.22M 26,236.95M
Gross Profit 7,575.93M 6,386.17M 5,465.36M 6,961.08M 7,758.95M
Operating income 3,602.01M 2,334.77M 1,611.64M 2,831.61M 3,733.55M
Income before tax 3,403.86M 2,052.08M 1,534.78M 2,888.31M 3,515.66M
Net income 2,312.52M 1,414.28M 1,000.89M 1,999.44M 2,406.42M
EBITDA 4,787.49M 3,545.12M 2,866.87M 4,044.95M 4,838.12M
Diluted EPS 2.44 1.49 1.05 2.11 2.54
Dividends Per Share 0.99 0.86 0.51 0.85 1.02
Total Assets 32,870.02M 33,844.52M 34,251.95M 35,818.92M 36,635.71M
Total liabilities 15,678.28M 16,650.09M 16,043.58M 16,405.72M 16,514.32M
Total equity 16,403.14M 16,410.59M 17,305.85M 18,393.50M 19,082.13M
Operating cash flow 1,826.49M 2,714.91M 3,339.03M 2,678.32M 1,523.59M

Valuation Measures

Mar 2023
Operating margin14.23%
Profit margin9.17%


  • President, CEO & Representative Director: Hiroyuki Ogawa
  • CFO, Director & Managing Executive Officer: Takeshi Horikoshi
  • Chief Technology Officer, Head-R&D: Yuichi Iwamoto
  • Head-Legal Affairs & Compliance: Hiroshi Makabe
  • Manager-Business Administration: Masatoshi Morishita


  • Nomura Asset Management Co., Ltd. (5.1%)
  • The Vanguard Group, Inc. (3.2%)
  • BlackRock Fund Advisors (2.9%)
  • Komatsu Ltd. (2.8%)
  • T&D Holdings, Inc. (2.5%)
  • Nippon Life Insurance Co. (2.1%)
  • Daiwa Asset Management Co. Ltd. (2.0%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Norges Bank Investment Management (1.8%)
  • BlackRock Japan Co., Ltd. (1.8%)

Contact Details

  • Website:
  • Address: Komatsu Building, 2-3-6 Akasaka, Tokyo, 107-8414, Japan
  • Phone: +81.3.5561.4711

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Last Updated on 22 Sep, 2023

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