Komatsu Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2022
July 30, 2021 at 02:00 am EDT
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Komatsu Ltd. provided earnings guidance for the fiscal year ending March 31, 2022. For the year 2022, the company expects net sales of ¥2,469,000 million, operating income of ¥225,000, net income attributable to the company was ¥146,000 million or ¥154.48 per basic share.
Komatsu Ltd. specializes in manufacturing and marketing of construction and mining operating materials. Net sales break down by family of products as follows:
- construction and mining operating materials (91.3%): hydraulic excavators, backhoe loaders, wheel loaders, graders, crawler excavators, forklifts, tunneling, bulldozers, forest tractors, etc.;
- other (6.6%): primarily industrial machines (grinders, press brakes, temperature control equipments, etc.).
The remaining sales (2.1%) are from financing activities.
Net sales are distributed geographically as follows: Japan (13.9%), China (4.7%), Asia and Oceania (21.4%), Americas (37.5%), Europe and CIS (15.7%), Africa and Middle East (6.8%).