Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
148000
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedU.S. GAAPNet Sales2,158,639¥ millionYear on year +14.1%Progress 48.5%
Operating profit286,625¥ millionYear on year +3.5%Progress 49.0%
Ordinary income271,037¥ millionYear on year +4.9%Progress 49.5%
Net income attributable to owners of the parent191,916¥ millionYear on year +9.2%Progress 50.2%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥215.06
Financial position at period-end
Total assets6,527,174¥ million
of which net assets 3,666,262 ¥ millionEquity ratio 53.2%vs. prior year-end -1.5pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+139,312
Investment-119,006
Financials-78,004
Net change-57,698
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥381,338 million
Segment revenueConstruction Equipment & Vehicles ¥1,999,563 million (YoY +14.8%), Retail Finance ¥65,437 million (YoY +7.3%), Industrial Machinery & Others ¥114,495 million (YoY +7.1%)
Segment profitConstruction Equipment & Vehicles ¥244,472 million (YoY +1.0%), Retail Finance ¥17,372 million (YoY +2.9%), Industrial Machinery & Others ¥21,074 million (YoY +27.0%)
Regional salesRegion Americas / Current fiscal year ¥1,080,280 million / Prior-year period ¥853,908 million, Region Europe, Africa and Middle East / Current fiscal year ¥392,399 million / Prior-year period ¥352,436 million, Region Oceania, Asia and CIS / Current fiscal year ¥499,903 million / Prior-year period ¥500,071 million, Region Japan / Current fiscal year ¥186,057 million / Prior-year period ¥185,172 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥4,450,000 million (YoY +7.7%)
Operating profit¥585,000 million (YoY +3.1%)
Ordinary income¥548,000 million (YoY +2.0%)
Net income¥382,000 million (YoY +1.5%)
Revision to Earnings ForecastNet Sales ¥4,302,000 million → ¥4,450,000 million（+3.4%） / Operating profit ¥555,000 million → ¥585,000 million（+5.4%） / Ordinary income ¥508,000 million → ¥548,000 million（+7.9%） / Net income ¥349,000 million → ¥382,000 million（+9.5%）
Annual Dividend Forecast¥190 → ¥190（0.0%）
Factors Behind Changes in Business Performance
The weaker yen, higher sales volumes, improved selling prices and higher sales in the business serving the semiconductor industry. Although higher costs had an adverse impact on profit, profit increased due to the weaker yen, the effect of improved selling prices and higher sales volumes.
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not applicable
Depreciation and amortization¥83,406 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (securities analysts, institutional investors, media and media-focused)
Issued Shares at Period-End930,340,620
Treasury Shares at Period-End44,479,326
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | U.S. GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥2,158,639 million (YoY +14.1%) |
| Operating profit | ¥286,625 million (YoY +3.5%) |
| Ordinary income | ¥271,037 million (YoY +4.9%) |
| Profit attributable to owners of the parent | ¥191,916 million (YoY +9.2%) |
| Net income per share | ¥215.06 |
| Equity ratio | End of the current fiscal period 53.2 / End of previous period 54.7 |
| Total assets | ¥6,527,174 million |
| Net assets | ¥3,666,262 million |
| Cash flows from operating activities | ¥139,312 million |
| Cash flows from investing activities | ¥-119,006 million |
| Cash flows from financing activities | ¥-78,004 million |
| Cash and cash equivalents at end of period | ¥381,338 million |
| Full-year earnings forecast | Net Sales ¥4,450,000 million (YoY +7.7%) / Operating profit ¥585,000 million (YoY +3.1%) / Ordinary income ¥548,000 million (YoY +2.0%) / Net income ¥382,000 million (YoY +1.5%) |
| Revision to Earnings Forecast | Net Sales ¥4,302,000 million → ¥4,450,000 million（+3.4%） / Operating profit ¥555,000 million → ¥585,000 million（+5.4%） / Ordinary income ¥508,000 million → ¥548,000 million（+7.9%） / Net income ¥349,000 million → ¥382,000 million（+9.5%） |
| Annual Dividend Forecast | ¥190 → ¥190（0.0%） |
| Segment revenue | Construction Equipment & Vehicles ¥1,999,563 million (YoY +14.8%), Retail Finance ¥65,437 million (YoY +7.3%), Industrial Machinery & Others ¥114,495 million (YoY +7.1%) |
| Segment profit | Construction Equipment & Vehicles ¥244,472 million (YoY +1.0%), Retail Finance ¥17,372 million (YoY +2.9%), Industrial Machinery & Others ¥21,074 million (YoY +27.0%) |
| Regional sales | Region Americas / Current fiscal year ¥1,080,280 million / Prior-year period ¥853,908 million, Region Europe, Africa and Middle East / Current fiscal year ¥392,399 million / Prior-year period ¥352,436 million, Region Oceania, Asia and CIS / Current fiscal year ¥499,903 million / Prior-year period ¥500,071 million, Region Japan / Current fiscal year ¥186,057 million / Prior-year period ¥185,172 million |
| Depreciation and amortization | ¥83,406 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (securities analysts, institutional investors, media and media-focused) |
| Issued Shares at Period-End | 930,340,620 |
| Treasury Shares at Period-End | 44,479,326 |
| Factors Behind Changes in Business Performance | The weaker yen, higher sales volumes, improved selling prices and higher sales in the business serving the semiconductor industry. Although higher costs had an adverse impact on profit, profit increased due to the weaker yen, the effect of improved selling prices and higher sales volumes. |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material subsequent events
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Demand has remained above initial expectations in many regions, and the yen was weaker than expected against foreign currencies in the second quarter. Factors cited for the interim results include the weaker yen, higher sales volumes, improved selling prices and higher sales in the business serving the semiconductor industry.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.