Komatsu stock | 2026 earnings growth & current analysis

Komatsu

TSE:6301

¥ 6.465,00

+ ¥31,00 (0,48%)

6.465,00 ¥

+¥31,00 (0,48%)

End-of-day quote: 03/27/2026

Komatsu Stock Value

Analysts currently rate Komatsu as Hold.

Hold

Komatsu Company Info

EPS Growth 5Y

23,78%

Market Cap

¥5.709,07 B

Long-Term Debt

¥496,19 B

Quarterly earnings

N/A

Dividend

¥190,72

Dividend Yield

2,95%

Founded

1884

Industry

Industrials

Country

Japan

Website

Komatsu

ISIN Number

JP3304200003

Website

http://www.komatsu.jp/ja

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

¥6.000,00

-7.19%

Last Update: 03/27/2026

Analysts: 12

Highest Price Target ¥9.280,00

Average Price Target ¥6.000,00

Lowest Price Target ¥4.900,00

In the last five quarters, Komatsu’s Price Target has risen from ¥3.611,56 to ¥4.870,91 - a 34,87% increase. Eleven analysts predict that Komatsu’s share price will fall in the coming year, reaching ¥6.000,00. This would represent a decrease of -7,19%.

Top growth stocks in the industrials sector (5Y.)

What does Komatsu do?

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. Business Segments The company operates through three main segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others. Construction, Mining and Utility Equipment The Construction, Mining and Utility Equipment segment is the cornerstone of Komatsu's operations, gen...

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries.

Business Segments

The company operates through three main segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.

Construction, Mining and Utility Equipment

The Construction, Mining and Utility Equipment segment is the cornerstone of Komatsu's operations, generating significant revenue through the manufacture of a wide array of equipment designed for construction and mining tasks. This includes hydraulic excavators, bulldozers, wheel loaders, and various mining equipment such as ultra-class haul trucks and shovels. The segment has experienced robust growth, particularly driven by the rising global demand for mining machinery, supported by stable resource prices. North America has shown particularly strong demand, while Latin America and Europe have faced more variable conditions. The company has also expanded its parts and service revenues, leveraging high utilization rates of machinery, especially in mining operations.

Retail Finance

The Retail Finance segment plays a crucial role in enhancing customer purchasing power by providing financing options for the acquisition of Komatsu's equipment. This division manages and optimizes leasing processes, facilitating easier access to machinery for customers. The segment has seen increased revenues, driven by rising interest rates and effective financial strategies that have improved sales conversions. By offering tailored financial solutions, this segment not only supports equipment sales but also strengthens customer relationships through financial accessibility.

Industrial Machinery and Others

The Industrial Machinery and Others segment includes the manufacturing of machinery such as presses and machine tools, which are utilized in various sectors including automotive production. Although this segment has seen modest sales growth, profitability has been challenged due to a decline in maintenance revenues linked to the semiconductor manufacturing sector, reflecting the broader global downturn in demand. Komatsu continues to seek innovation within this segment to enhance profitability and adapt to evolving market needs.

Business Strategy

The company business strategy is centered around sustainable growth and market leadership, articulated through its mid-term management plan, "DANTOTSU Value – Together, to ‘The Next’ for sustainable growth. Additionally, the company emphasizes accelerating growth through innovation by investing heavily in research and development (R&D) to introduce advanced technologies that enhance operational efficiency. This includes electrification, automation, and smart technology adaptations across its product range. Additionally, the company aims to maximize earnings power by optimizing product planning and expanding into strategic markets, ensuring profitability despite market fluctuations. Enhancing corporate resilience is also a priority, with a focus on building a flexible organizational structure to adapt swiftly to market changes, along with reinforcing supply chains and promoting operational efficiencies.

Products and Services

The company offers an extensive range of products catering to various industries. Its product lineup includes construction equipment such as hydraulic excavators, wheel loaders, and bulldozers, designed for heavy lifting and excavation tasks. In the mining sector, the company provides specialized machinery for resource extraction, including ultra-class haul trucks and shovels that improve mining efficiency. The utility equipment category features compact excavators and attachments for utility work, serving niche markets such as urban construction and infrastructure. Additionally, the company manufactures industrial machinery, including presses and machine tools, which are essential for various production applications.

The company provides a range of services designed to support its machinery and enhance customer satisfaction. These services include comprehensive parts and service offerings, which encompass maintenance packages and aftermarket support, ensuring the longevity and reliability of the equipment. The company also engages in construction machinery rental services, remanufactured products, and other support services, including transportation, warehousing, and packing. Furthermore, the company facilitates the purchase and sale of used equipment, providing customers with flexible options to meet their operational needs.

Geographical Markets Served

The company operates on a global scale, reaching customers across various regions, including North America, South America, Europe, Asia, Africa, and the Middle East. North America is a key market for the company, witnessing strong demand for both construction and mining equipment. Additionally, the company is strategically focused on enhancing its presence in emerging markets where infrastructural development is rapidly advancing, thereby positioning itself to capitalize on growth opportunities in these regions.

Recent Acquisition

The company has a history of strategic acquisitions aimed at enhancing its capabilities and product offerings. Recently, the company acquired iVolve, an Australian firm specializing in fleet management solutions.

Seasonality

The company's operations are subject to seasonal trends influenced by construction and mining cycles, which can impact demand for its products. Typically, demand peaks during warmer months when construction activities are at their highest, while demand tends to decrease during the winter months, particularly in the Northern Hemisphere. Additionally, the company proactively anticipates these seasonal fluctuations and incorporates them into its production and operational planning to maintain efficiency and meet customer needs.

Customers

The company serves a diverse array of customers across various sectors. Its clientele includes construction companies ranging from large corporations engaged in major infrastructure projects to smaller firms involved in localized construction operations. Additionally, the company caters to mining organizations, including large multinational companies and regional operations. Utility suppliers also form a significant part of its customer base, requiring specialized equipment for utility enhancements and infrastructure projects. Although specific customer numbers are not disclosed, the extensive reach of Komatsu's products indicates a vast and established clientele.

Sales and Marketing Channels

The company employs a multifaceted approach to sales and marketing, utilizing a combination of direct sales, dealer networks, and digital marketing strategies. Komatsu's sales teams work closely with customers to understand their needs and tailor solutions accordingly. Additionally, the company partners with local dealers to enhance outreach and customer service, ensuring proximity to target markets. Increasingly, the company leverages digital platforms and social media to boost brand awareness and deliver targeted marketing campaigns, ensuring comprehensive market coverage and fostering long-term customer relationships.

History

Komatsu Ltd. was founded in 1884. The company was incorporated in 1921.

Komatsu Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Turnovers:** 1. Construction and mining machinery: approx. 70% 2. Industrial machinery: approx. 15% 3. Logistics and other services: approx. 15% **TOP 3 Markets:** 1. Japan: approx. 25% 2. North America: approx. 20% 3. Asia (excluding Japan): approx. 18% Komatsu Ltd. generates the major...

At which locations are the company’s products manufactured?

**Production sites of Komatsu Ltd.:** 1. **Japan:** Headquarters and several production facilities, including in Ishikawa, Osaka, and Tochigi. 2. **USA:** Production sites in Illinois and Georgia. 3. **China:** Plants in Jining and Changzhou. 4. **India:** Production site in Chennai. 5. **Brazil:**...

What strategy does Komatsu pursue for future growth?

**Strategic Growth Areas of Komatsu Ltd.:** 1. **Sustainability and Decarbonization:** Komatsu is increasingly focusing on sustainable technologies and aims to reduce CO2 emissions in its products and production processes. This includes the development of electric and hybrid construction machine...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, Aluminum, Copper **Countries of origin:** - **Steel:** China, Japan, South Korea - **Aluminum:** Australia, Canada, Russia - **Copper:** Chile, Peru, USA Komatsu Ltd., a leading manufacturer of construction and mining equipment, relies on a variety of raw materials t...

How strong is the company’s competitive advantage?

**Market share:** 11% (2024, estimated) **R&D expenses:** 3.5% of revenue (2024) **EBITDA margin:** 17% (2024) Komatsu Ltd. is one of the leading manufacturers of construction and mining equipment worldwide. The company's competitive advantage is based on several factors. Firstly, the stro...

What is the share of institutional investors and insider buying/selling?

**Institutional investor share:** approx. 60% (estimated for 2025 based on historical data) **Insider purchases/sales:** No significant transactions in the last year (2024) The institutional investor share in Komatsu Ltd. traditionally stands at around 60%, indicating the trust of large investment...

What percentage market share does Komatsu have?

**Market share of Komatsu Ltd.:** 10% (estimated for 2025) **Main competitors and their market shares:** 1. **Caterpillar Inc.:** 16% 2. **Komatsu Ltd.:** 10% 3. **Hitachi Construction Machinery Co., Ltd.:** 8% 4. **Volvo Construction Equipment:** 7% 5. **Liebherr Group:** 5% 6. **John Deere (Const...

Is Komatsu stock currently a good investment?

**Revenue growth:** 8.5% (2024) **Profit growth:** 10.2% (2024) **R&D expenses:** 5.3% of revenue (2024) **Market share in the construction sector:** 15% (2024) Komatsu Ltd. recorded a solid revenue growth of 8.5% in 2024, driven by strong demand for construction and mining machinery. Profit gr...

Does Komatsu pay a dividend – and how reliable is the payout?

**Dividend yield:** 3.2% (2025, estimated) **Dividend history:** Continuous payout over the last 10 years Komatsu Ltd. is known for its reliable dividend policy. The company has continuously distributed dividends over the past ten years, indicating a stable financial foundation and a solid busi...

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Komatsu Stock Value

Komatsu Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Komatsu do?

Komatsu Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Komatsu Stock Value

Komatsu Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Komatsu do?

Komatsu Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.