Komatsu Ltd S/Adr (KMTUY) Q1 2027 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.067 -- 00:00:04.270 I'm Hosotani, the CFO. 00:00:04.270 -- 00:00:09.295 First of all, I'd like to address what happened the other day, 00:00:09.295 -- 00:00:15.701 which was an earthquake that originated in Kumamoto Prefecture, and I'd like to explain, 00:00:15.701 -- 00:00:18.304 extend my condolences 00:00:18.304 -- 00:00:23.607 to the people who were affected. We have been able to confirm the safety of our people. 00:00:23.895 -- 00:00:26.477 The operations of our facilities and so forth. 00:00:26.477 -- 00:00:30.900 We are currently in the midst of the confirmation process. 00:00:30.900 -- 00:00:33.661 We would like to extend 00:00:35.263 -- 00:00:38.165 our prayers for early recovery. 00:00:38.165 -- 00:00:41.467 Now, I'd like to explain the first quarter business results for the first three months 00:00:41.467 -- 00:00:44.570 ended June 30th, 2026. 00:00:44.570 -- 00:00:47.352 Page 4 shows the highlights for the first quarter of fiscal 26. 00:00:47.352 -- 00:00:51.253 FX rates were 158.5 yen to the US dollar, 00:00:52.771 -- 00:00:58.075 184.6 yen to the euro and 112.6 yen to the Australian 00:00:58.075 -- 00:01:02.459 dollar. Compared to the same period of the previous year, the yen depreciated against 00:01:02.459 -- 00:01:06.540 the US dollar, the euro and the Australian dollar. 00:01:07.663 -- 00:01:09.824 Net sales increased by 14.7% year-on-year to 1,043.1 billion yen. 00:01:09.824 -- 00:01:13.226 Operating income increased by 8% to 151.6 billion. 00:01:24.223 -- 00:01:28.704 The operating income ratio was 14.5%, down 0.9 percentage 00:01:28.704 -- 00:01:31.024 points year-on-year. 00:01:34.125 -- 00:01:37.466 Net income increased by 5.4% year-on-year 00:01:37.466 -- 00:01:39.547 to 96.2 00:01:39.547 -- 00:01:41.907 billion yen. 00:01:42.3...