Japan machine-makers avoid the caterpillar crawl

Business | ANALYSIS Oct 30, 2018

Japan machine-makers avoid the caterpillar crawl

by Anjani Trivedi

What's that whirring noise? It's Japan's machinery-makers at work, in contrast to investors' expectations. Results from Fanuc Corp. and Komatsu were a mixed bag Monday. Factory-automation giant Fanuc reported an 8.4 percent drop in fiscal first-half operating income and saw its shares rise, while construction-equipment-maker ...

Caterpillar, Volvo and Komatsu linked to mining abuses in Myanmar: report

World Jun 21, 2018

Caterpillar, Volvo and Komatsu linked to mining abuses in Myanmar: report

Caterpillar, Volvo and Komatsu contribute to abuses in Myanmar by selling machinery used by domestic mining companies implicated in land expropriation, environmental destruction and armed conflict, according to a report published on Wednesday. The three companies "appear to be the dominant brands" represented in the ...

Business / Corporate 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 and ...