Komatsu Ltd. announced consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales of JPY 478,020 million compared to JPY 494,073 million a year ago. Operating income was JPY 55,645 million compared to JPY 56,238 million a year ago. Income before income taxes and equity in earnings of affiliated companies was JPY 55,286 million compared to JPY 56,652 million a year ago. Net income attributable to company was JPY 38,646 million or JPY 40.94 per diluted share compared to JPY 38,527 million or JPY 40.44 per diluted share a year ago.

For the nine months, the company reported net sales of JPY 1,370,517 million compared to JPY 1,436,625 million a year ago. Operating income was JPY 154,666 million compared to JPY 181,897 million a year ago. Income before income taxes and equity in earnings of affiliated companies was JPY 153,165 million compared to JPY 180,248 million a year ago. Net income attributable to company was JPY 103,742 million or JPY 109.92 per diluted share compared to JPY 116,513 million or JPY 122.15 per diluted share a year ago. Net cash provided by operating activities totaled JPY 210,330 million against JPY 232,504 million a year ago. Capital expenditures were JPY 123,281 million compared to JPY 147,316 million a year ago.

For the fiscal year ending March 31, 2016, the company expects net sales of JPY 1,880,000 million, operating income of JPY 221,000 million, income before income taxes and equity earnings of affiliated companies of JPY 214,000 million and net income attributable to the company of JPY 138,000 million or JPY 146.44 per basic share.