Today I will talk about Komatsu, which manufactures and sells construction and mining equipment, utilities, forest machines, and industrial machinery.
※The above images are from KOMATSU’s website
Komatsu is a major long-established construction machinery manufacturer founded in 1921 and has the largest market share in Japan and the second largest in the world after Caterpillar America.
In addition to Japan, they are an international company that has group companies in the United States, Europe, the Middle East, Africa, Southeast Asia, Brazil, China, and other countries.
Their basic policy is to produce products in areas of demand, and they have been exporting overseas and developing overseas factories since the 1950s, even earlier than automakers.
￥1,510（3/20 last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: March Dividend yield 7.28%
PER 7.92 PBR 0.79
Equity ratio 49.4%
It has highly reputable investors and economists and is reliable for investors because Komatsu is known for its solid management and comparatively good financial standing, and has a robust global strategy.
Demand for construction machinery is likely to be strong around the world in the long-term, but short-term fluctuations are ineluctable due to economic cycles.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2017.3 |
1,802,989 |
174,097 |
113,381 |
120.3 |
58 |
48% |
|
2018.3 |
2,501,107 |
271,581 |
196,410 |
208.3 |
84 |
40% |
|
2019.3 |
2,725,243 |
397,806 |
256,491 |
271.8 |
110 |
40% |
|
2020.3 |
2,460,000 |
270,000 |
176,000 |
186.4 |
110 |
59% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March 2020 is the predicted value
|
Cash flow statement |
2019.3 |
2018.3 |
|
CF operating activities |
2,025 |
1,483 |
|
CF investing activities |
▲1,872 |
▲3,777 |
|
CF financing activities |
▲36 |
2,439 |
※One unit is one hundred million yen
Note: You should be responsible for your own investment. Please make your own final judgment.