Background Peak oxygen uptake (peak VO 2 ) is known not only as an index of aerobic fitness but also one of an index of life expectancy. Frailty, sarcopenia, and cachexia are associated with a poor prognosis and high mortality. The purpose of this study was to determine the relationships of peak VO 2 with the features of sarcopenia, frailty, and cachexia, to provide insight into which might mediate the poor prognosis. Methods The first group of participants was 175 community-dwelling older Japanese outpatients (58 men and 117 women; mean age 77.6 ± 6.4 years), in whom we assessed the features of sarcopenia, frailty, and cachexia, and measured peak VO 2 during cardiopulmonary exercise. To confirm the relationships, we analysed another group of 162 participants (77.3 ± 5.5 years). Results There were significant correlations between peak VO 2 and the features of sarcopenia, frailty, and cachexia, with the exception of high sensitivity C-reactive protein. Multiple linear regression analysis for the prediction of peak VO 2 (mL/min) identified following formula: predicted peak VO 2 = À11.6 × age (years) + 25.5 × haemoglobin concentration (g/dL) + 114.2 × skeletal muscle mass index (kg/m 2 ) + 8.9 × hand grip strength (kg) + 226.4 × usual walking speed (m/s) À 65.8 × fatiguability (absence 0, presence 1) À 177.4 × chronic heart failure (absence 0, presence 1) + 437.1 (R 2 = 0.627, P < 0.001). The validity of the formula was confirmed with another group (r = 0.78, P < 0.001). Conclusions This study has identified the features of sarcopenia, frailty, and cachexia that are related to peak VO 2 in an older population.