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...In 2018, Komatsu announced it would stop development of wheeled armoured personnel carriers shipped to Japan’s Ground Self-Defense Force....
...The global market for construction equipment, dominated by the likes of Caterpillar and Japan’s Komatsu, topped 1m unit sales to reach an all-time high....
...It came as the global market for construction equipment, dominated by the likes of Caterpillar and Japan’s Komatsu, topped 1 million unit sales to reach an all-time high....
...In Tokyo on Tuesday Japanese manufacturing firms Komatsu and Hitachi Construction Machinery each fell by more than 5 per cent while Kubota Corp was 3 per cent lower....
...China’s share of global bulldozer exports has grown to nearly 10 per cent from just 2 per cent a decade ago, and the company is taking on Japan’s Komatsu in global markets....
...By the time Komatsu bought out Ushio in 2011, Gigaphoton was already a success. It remains a 100 per cent-owned subsidiary....
...Corporate earnings reports out today include Bank of Communications, Ping An Insurance, China Shenhua Energy, ITC, China Pacific Insurance Group, CRRC, Komatsu, Sharp, SK Telecom and Yahoo Japan....
...This hit sales at manufacturers including Caterpillar of the US, Japan’s Komatsu and Sweden’s Volvo, and things deteriorated further with the commodities crash of 2014 and 2015....
...The malaise has weighed on profits at companies such as Caterpillar and Japan’s Komatsu, leading to job cuts and factory closures....
...Komatsu also tallies its findings with other relevant inputs such as wages and fuel costs....
...Komatsu announced the deal after the market close on Thursday. Shares initially fell as much as 2.2 per cent on Friday to ¥2,036.5 before rebounding, rising 1.9 per cent to ¥2,120....
...The second half looks even better for Komatsu and peers Sany, Caterpillar and Zoomlion....
...Joy Global manufactures underground mining equipment, another area Komatsu has not engaged in. With the acquisition, Komatsu will become a meaningful participant in underground mining as well....
...Komatsu, a Japanese equipment maker often attacked by Donald Trump as an overseas competitor, is buying American....
...Komatsu said the acquisition was consistent with its growth strategy of strengthening the mining business....
...Meanwhile shares in Komatsu rose as much as 1.9 per cent to ¥2,120 after the Japanese mining and construction machinery maker announced a deal to buy US rival Joy Global for $2.9bn....
...Caterpillar and Komatsu are considerably lower, while Deere has a multiple of 10.9....
...The effect of the rising yen was most marked on Sony, Honda and six peers — Nissan, Panasonic, Mitsubishi Heavy Industries, Ricoh, Hitachi, and Komatsu — where it totalled at least ¥3tn ($29bn) for the first...
...Komatsu declined to comment on anything relating to Mr Trump....
...Chief executives have found a new use for the yellow monsters made by Caterpillar and Komatsu: as proof of the narrow focus and limited horizons of today’s global mining industry....
...One of the starkest — and scariest — declarations of competitive intent came from Komatsu, the Japanese construction equipment manufacturer, in the 1970s....
...According to Komatsu, demand in China is down 50 per cent on a year ago....
...Rivals such as Komatsu of Japan are also suffering from the slowdown....
...They achieved this by sharply undercutting the prices of Japanese and US competitors such as Komatsu and Caterpillar, and enjoyed surging profits as Chinese property development mushroomed....
...Komatsu and Hitachi Construction of Japan both lowered their outlooks for the year this week after reporting declining sales and profits in the first half....
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