JAPANESE

Interim Results For The Fiscal Year Ending March 31, 2004

1. Consolidated Financial Highlights
(For the six months ended September 30, 2003 and 2002)
*Millions of yen & US dollars except per share amounts


 


Notes
1) Consolidated financial information is prepared in accordance with generally accepted accounting principles (GAAP) in the United States of America.
2) The translation of Japanese yen amounts into US dollar amounts is included solely for convenience and has been made for fiscal 2004 at the rate of \111 to $1, the approximate rate of exchange at September 30, 2003.
3) Equity in earnings (losses) of affiliated companies:
September 30, 2003: (598) millions of yen
September 30, 2002: 205 millions of yen
March 31, 2003:(786) millions of yen
4) The numbers of average common shares outstanding were as follows:
September 30, 2003: 992,484,365
September 30, 2002: 953,930,723
March 31, 2003:973,306,865
5) Accounting policies were not changed.
6) Net income per share above is based on the provisions of Statements of Financial Accounting Standards No.128, "Earnings per share"
7) Operating profit stated above is the sum of segment profit. In conforming with Japanese accounting principles, it is obtained by subtracting cost of sales and selling general and administrative expenses from net sales. This amount does not represent consolidated operating profit (loss) under U.S.GAAP.


2. Outlook for FY2004
(From April 1, 2003 to March 31, 2004)
*Millions of yen


 


Notes
1) Forecast of net income per share (basic): 18.14 yen
2) Refer to "Management Performance and Financial Conditions" for preconditions of the projections for FY 2004 above and other related issues.



For further information, please see the attached PDF file.


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

2003/11/07

KOMATSU Corporate Communications
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