Komatsu Ltd S/Adr (KMTUY) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.059 Thank you. I am Horiko Shi, the CFO. Let me present the business results 00:00:05.059 -- 00:00:07.479 for FY2024. 00:00:07.783 -- 00:00:11.989 Page 4 shows the highlights of FY2024 business results. 00:00:11.989 -- 00:00:17.478 Exchange rates were ¥152.8 to the dollar, ¥163.5 00:00:17.478 -- 00:00:19.741 to the euro, ¥99.5 00:00:19.741 -- 00:00:24.989 to the Australian dollar. Yen has weakened against these three currencies year on year. 00:00:24.989 -- 00:00:30.216 Net sales grew 6.2% year-on-year to 4,104.4 00:00:30.216 -- 00:00:35.984 billion yen. Operating income grew 8.2% to 655.1 billion 00:00:35.984 -- 00:00:37.707 yen. 00:00:37.707 -- 00:00:39.970 Operating income ratio 00:00:39.970 -- 00:00:45.515 went up by 0.3 points to 16%. Positive 00:00:46.559 -- 00:00:51.767 FX impact, improved selling prices, and others led to higher 00:00:51.767 -- 00:00:53.778 sales and profits. 00:00:53.778 -- 00:00:57.581 Net income increased by 11.7% 00:00:57.785 -- 00:01:01.711 and reached 439.6 billion yen. 00:01:01.711 -- 00:01:07.080 Net sales, segment profit, profit ratio, and operating income and its ratio, 00:01:07.080 -- 00:01:10.325 net income, all of them were record high numbers. 00:01:10.325 -- 00:01:15.573 Also, net sales, segment profit, operating income, and net income were record 00:01:15.573 -- 00:01:20.218 high three years in a row since FY2022. 00:01:22.027 -- 00:01:28.266 ROE increased by 0.1 point year-on-year to 14.2%. 00:01:29.401 -- 00:01:35.007 We plan to increase the dividend per share for FY24 from 167 00:01:35.007 -- 00:01:39.312 yen per share that we announced in October to 190 yen. 00:01:39.312 -- 00:01:42.756 Consolidated payout ratio will be 40.1%. 00:01:42.756 -- 00:01:47.862 Including the 100 billion share buyb...