Jul 2, 2014

Komatsu CEO flags China slump as mining market nears bottom

Komatsu Ltd., the world’s second-biggest maker of building and mining equipment, said sales in China are falling more steeply than anticipated, joining larger peer Caterpillar Inc. in flagging fraying Asian demand. Komatsu’s sales in China, where economic growth is slowing, dropped dramatically in April ...

Sweet jobs offered to athletes with star power

Jun 12, 2014

Sweet jobs offered to athletes with star power

by Tomoko Arima

An increasing number of companies are converting top athletes into full-time employees once they retire because they “have mental toughness and pursue success at any cost.” “I wondered if I could work at my desk from 9 a.m. until 5:35 p.m.,” swimmer Haruka Ueda, ...

Komatsu to enter deep-mining fray

Mar 6, 2014

Komatsu to enter deep-mining fray

Komatsu Ltd., the world’s second-biggest maker of mining equipment, is going underground. The joint venture with General Electric Co.’s mining arm announced on Jan. 29 and set to begin in April will be the first step in Komatsu’s foray into the market for subterranean ...

Oct 28, 2013

Mining slump pinches 26% off Komatsu profits

Komatsu Ltd., the world’s second-largest maker of construction equipment, cut its full-year profit forecast by 26 percent Monday after its commodity producing customers curtailed spending on new equipment. Net income is estimated at ¥136 billion in the 12 months ending March 31, down from ...

Jul 2, 2013

Komatsu debuts automated dozers

by Masumi Suga and Ichiro Suzuki

Komatsu Ltd., the world’s second-biggest maker of construction equipment, has begun sales of automated bulldozers in the United States, the home turf of bigger rival Caterpillar Inc., in a bid to keep pace with global competitors. The firm plans to sell as many as ...