Full Year 2025 Komatsu Ltd Earnings Presentation Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst : Thank you very much for this opportunity. My name is Sasaki of UBS Securities. First, my question goes to Mr. Imayoshi. Congratulations for your nomination. So new strategic growth plan was explained. And now, as a top management of the company, while you are the CEO, are there anything that you want to make sure you achieve? Any strong intentions to achieve? I'm sure that you have given us a lot of details in your presentation. But in terms of your passion as a president and CEO, what are the things that you want to definitely achieve?

Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst : Well, thank you very much. So basically, what you have done so far, you want to go deeper and generate the cash, or cash flow, yes. Thank you. My second question is on the impact of the US tariffs. On page 15 and 16, well, thank you very much. This time, you have given us those presentations. I think JPY140 billion is mentioned on page 16. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 28, 2025 / NTS, 6301.T - Full Year 2025 Komatsu Ltd Earnings Presentation And on page 15, you mentioned that, for example, in mining procurement and also the construction equipment export, and you also mentioned the export from the United States, so JPY140 billion cost. What is the breakdown of that? If you can quantitatively talk about that using page 15.

Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst : I say thank you very much. So JPY140 billion, going back to that, which part is the highest in terms of the cost burden? You export from Japan. Is it higher for that, for the construction equipment and the mining equipment or you procure from overseas? Is that bigger? So this JPY1140 billion, this is quite big. So is that going to be a big burden? In terms of the breakdown, the export from Japan is the biggest and also from China, including parts. So Japan and China, the parts and also the construction equipment go to the United States and so that would come under the US tariffs. Thank you.