Business · 2026-10-29 · Afternoon briefing

Komatsu raises profit forecast on strong Americas demand

Komatsu, the heavy equipment manufacturer, upgraded its net profit forecast for the fiscal year ending March 2027, signalling resilient industrial demand in the Americas. The company now anticipates a profit of 382 billion yen ($2.42 billion), a 1% rise year-on-year. The revision, announced on Thursday, reverses a more cautious earlier outlook.

The brighter forecast is pinned directly on stronger-than-expected sales of construction machinery throughout North and Latin America. As a major supplier for large-scale building and infrastructure, Komatsu's performance is often seen as a bellwether for wider economic activity. The specific strength in the Americas suggests that this region's construction sector is currently outperforming others globally, even if the overall profit increase remains modest.

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• Komatsu lifts profit outlook on construction, mining demand in Americas

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