JAPANESE

Komatsu Announces Business Results for Three Quarters from April through December, 2002

Komatsu Ltd. today announced business results for three quarters of fiscal 2003 as follows. Komatsufs consolidated financial statements conform with accounting principles generally accepted in the United States of America. Please also be advised that financial figures for three quarters of the current fiscal year and those of the corresponding period last year are not audited by independent public accountants contacted by the Company.


1. Sales and Operating Income for the Nine-Month Period from April through December 2002


(1) Sales (Millions of yen)



Foreign Exchange
Rates
Nine months ended Dec. 31, 2002(A)
US$1=Y122
EUR1=Y119
Nine months ended Dec.31, 2001(B)
US$1=Y123
EUR=Y109
Change
(A)-(B)
Cosntruction & Mining Equipment 554,993 543,966 11,027 2.0%
Japan 175,364 195,696 - 20,332 - 10.4%
Overseas 379,629 348,270 31,359 9.0%
Electronics 63,876 57,791 6,085 10.5%
Others 157,447 160,379 - 2,932 - 1.8%
Total 776,316 762,136 14,180 1.9%


(2) Operating Income (Loss) (Millions of yen)

Nine months ended Dec. 31, 2002
(A)
Nine months ended Dec. 31, 2001
(B)
Change
(A)-(B)
Construction & Mining Equipment 21,579 6,427 15,152 235.8%
Electronics - 879 - 11,563 10,684 --
Others 3,489 1,499 1,990 132.8%
Corporate &
Elimination
- 2,178 - 3,985 1,807 --
Total 22,011 - 7,622 29,633 --


(3) Sales of Construction & Mining Equipment by Region (Millions of yen)

Nine months ended Dec. 31, 2002
(A)
Nine months ended Dec. 31, 2001
(B)
Change
(A)-(B
)
Japan 175,364 195,696 - 20,332 - 10.4%
Americas 139,628 156,379 - 16,751 - 10.7%
Europe 96,507 84,671 11,836 14.0%
Asia* & Oceania 73,338 59,661 13,677 22.9%
China 26,575 18,053 8,522 47.2%
Middle East & Africa 43,581 29,506 14,075 47.7%
Total 554,993 543,966 11,027 2.0%


Note *: Asia excludes Japan and China.

*You can refer to more detailed information in a PDF formatted file from an upper right link.


Information in the news releases is current on the date of the announcement and is subject to change without notice.

2003/02/14

Komatsu Corporate Communications
TEL: 03(5561)2616