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Tag: Komatsu earnings report
Construction Equipment
Decline in sales sends Komatsu profit tumbling 20% in first half of 2015
A continued lack of global demand for mining equipment and “drastically reduced” demand in China have led to reduced sales and profit halfway through Komatsu’s 2015 fiscal year. The company, whose fiscal year ends March 31, reported sales of 892.4 billion Japanese yen ($7.2 billion), a decrease of 5.3 percent from the same period last year. […]
November 16, 2015
Business
Komatsu profit up 26% in first 9 months due to increased demand for construction equipment
Despite impact from a low demand for mining equipment, Komatsu saw increases in both sales and profits for the first nine months of its fiscal year. The company reported net sales of $13.6 billion (1.38 trillion yen), up 3 percent over the same period in 2012. Operating income rose 10 percent to $1.6 billion (165.6 […]
February 2, 2014
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