Construction and mining equipment manufacturer Komatsu Ltd., which last week made a $2.89 billion offer for Joy Global Inc., said first-quarter profit fell 52 percent as demand languished in markets such as the Middle East and Indonesia and the stronger yen crimped overseas revenue. Net ...
Japanese airline passengers are voting with their feet since the opening of a new bullet-train route. The number of passengers flying to Komatsu airport in Ishikawa Prefecture, the seventh-busiest route operated by ANA Holdings Inc., dropped as much as 50 percent after a new ...
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 ...
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, 26, ...
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 mining ...
Construction equipment maker Komatsu Ltd. expects spending on disaster reconstruction and prevention, as well as preparations for the 2020 Tokyo Olympic Games, to boost earnings in its home market. The Abe administration approved a disaster-prevention bill last month as part of an election commitment by ...
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 the ...
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 500 ...
