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Tag: Komatsu Q1
Dealers
Komatsu Q1 sales jump 44%, profit doubles in wake of Joy Global acquisition
The immediate impact of Komatsu’s acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global has been overwhelmingly positive as the Japanese equipment manufacturer has seen big sales and profit gains in the first quarter of the current fiscal year. According to the company’s FY 2018 Q1 earnings report, sales are up 44.2 percent to […]
August 11, 2017
Dealers
Komatsu profit falls 52% in 1Q on stronger Yen
Komatsu, the world’s second-largest construction equipment maker, reported a down first quarter where profit plummeted 52 percent as sales slumped. Profit fell to 15.5 billion yen ($151 million) while sales fell 13 percent to 389.2 billion yen ($3.8 billion). Construction, mining and utility equipment sales fell 12 percent to 345.1 billion yen ($3.4 billion) while […]
August 8, 2016
Business
Komatsu sees small decline in 1Q net sales, remains confident in stronger outcome for 2013
Decreases in demand for construction and mining equipment in Indonesia and mining equipment in Latin America led to year-over-year declines in both net sales and operating income for Komatsu in the company’s first quarter, which ends March 31, 2014. However, expanded sales of construction equipment and parts in Japan and the Middle East largely compensated […]
July 30, 2013
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