The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst
: Thank you very much for the presentation. This is Sasaki from UBS Securities. I have two questions. My first question is regarding numbers. Regarding
volume mix and cost impact. Do you have more detailed plans for this in the new plan, the revised plan, compared to the beginning of year plan.
For volume and mix, it was revised down substantially by JPY78.5 billion. But what was the reason why it was revised down so substantially. That's
my first question.
Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst
: Thank you very much. Then, let me move on to my second question. Regarding Indonesia, for mining and construction equipment, what kind of
things are happening on the ground? Can you give me more detail on that? For example, what are the conditions of the customer? What are they
saying to you? And for mining, the idle rate, I believe, is increasing. So can you talk about the background as to why sales is deteriorating, by
explaining about what's happening on the ground there. That's my second question.
Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst
: How about the idol rate? Do you have any numbers on that?
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OCTOBER 29, 2025 / NTS, 6301.T - Q2 2026 Komatsu Ltd Earnings Presentation
Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst
: Thank you for choosing me again for the second round. I have an additional question. Regarding construction equipment demand in the US and
Europe, you were saying that it's picking up. So can you talk about the reasons why we're seeing a pickup in construction equipment demand by
region?
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OCTOBER 29, 2025 / NTS, 6301.T - Q2 2026 Komatsu Ltd Earnings Presentation
Unidentified Company Representative
First, for Europe, public works budgets are available in Europe, so I was just saying that it's a bottoming out of demand rather than a pick up. But
that's a positive. For the US, we have been giving out explanations already.
The impact from tariffs haven't really had a negative impact on the market itself. The market is not that bad and we are expecting investments to
take place and that's why we believe things are looking upwards. However, tariffs have not been completely locked in yet, so we'll need to pay
close attention to the market.
Question: Tsubasa Sasaki - UBS Securities Ltd. - Analyst
: Also, energy related. This too turned positive in the first half of this fiscal year. For non-residential as well such as AI related facilities I presume?
Unidentified Company Representative
It wasn't doing that bad. It was trending positively, but positive trends persist. So all in all, residential is slightly weak, but apart from that, all
segments are becoming better than before.
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