TOKYO (dpa-AFX) - Komatsu Ltd. (KMTUY.PK), a Japanese manufacturer of
construction, mining, forestry, and military equipment, reported Friday that its
first-quarter net income attributable to the company increased 31 percent to
105.43 billion Japanese yen from last year's 80.45 billion yen.

Operating income climbed 57.1 percent from the prior year to 147.02 billion yen,
benefited by improved selling prices in most regions of the world and the
Japanese yen's depreciation.

The operating income ratio increased 4.1 percentage points to 16.3 percent.

Consolidated net sales totaled 899.55 billion yen, an increase of 17.8 percent
from 763.81 billion yen a year ago.

Further, Komatsu continues to expect a decrease in consolidated net sales for
the fiscal year ending March 31, 2024. Operating income is still expected to be
flat, while net income attributable would decrease mainly due to an increase in
interest expenses caused by higher interest rates.

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