Komatsu, JP3304200003

Komatsu stock falls 5.70 percent before October 29 results

Published on 10/08/2026 at 07:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Komatsu stock faces a JPY 9,000 Goldman Sachs target dated October 5, 2026. First quarter sales reached JPY 1,043.1 billion, up 14.7 percent year over year.

Komatsu, JP3304200003, Illustration mit AI erstellt.

Komatsu stock fell 5.70 percent in Tokyo on October 8, 2026, with the next quarterly results scheduled for October 29, 2026. The move came as the heavy-equipment maker approached a report that will test whether its first-quarter growth can continue through the fiscal year.

October 29 results set the next test

Komatsu plans to announce its second-quarter FY2026 business results at 2:30 p.m. JST on October 29, 2026. That date gives investors a defined checkpoint after the company raised its full-year outlook following the quarter ended June 30, 2026.

The first-quarter sales figure reached JPY 1,043.1 billion, up 14.7 percent from JPY 909.52 billion in the year-earlier period. Net profit rose to JPY 96.15 billion from JPY 91.19 billion, according to Markets Insider.

Growth is ahead of the full-year plan

Komatsu's first-quarter operating income increased 8.0 percent to JPY 151.6 billion, while the operating margin slipped to 14.5 percent from 15.4 percent. The combination matters because sales growth is running faster than the full-year plan, but profitability still faces pressure from tariffs, shipping costs and material prices.

For fiscal 2027, the company guidance cited by Simply Wall St calls for sales of JPY 4,302 billion, up 4.1 percent, and operating income of JPY 555 billion, down 2.2 percent. The guide therefore implies slower sales growth after the strong April to June period and a lower operating margin for the full year.

Analyst targets remain above the quote

Morgan Stanley maintained a Buy rating and set an JPY 8,500 price target on October 1, 2026, according to Markets Insider. The target lies 15.1 percent above the JPY 7,383 reference price, a gap that puts the analyst view above the latest Tokyo quotation.

Goldman Sachs upgraded Komatsu from Neutral to Buy on October 5, 2026, and lifted its target from JPY 6,700 to JPY 9,000, as Investing.com reported. The firm pointed to U.S. construction machinery and mining equipment as profit-growth drivers, while the company-wide margin trajectory remains the key counterweight.

Stock remains below its yearly high

Komatsu was last at JPY 7,383 on the Tokyo Stock Exchange on October 8, 2026, at 2:11 p.m. JST, down 5.70 percent from the prior close. The price stood 7.48 percent below the 52-week high of JPY 7,980, leaving the October 29 report as the next major company checkpoint.