National Jun 2, 2021
Japan eyes deploying F-35A stealth jets to Komatsu base by 2025
The move comes as a bid to boost the country's defense capabilities against airspace incursions by China and Russia.
National / Social Issues Jan 7, 2020
First female on century-old Komatsu's board calls on women in Japan to lean in
by Masumi Suga
Kuniko Urano is the first, yes, the very first woman board member of Komatsu Ltd., a 98-year-old company that is the world's No. 2 construction and mining equipment maker. The path that Urano, 63, took to the boardroom and the reason she's still a solo ...
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 ...
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 ...
National Dec 11, 2017
Satoru Anzaki, former Komatsu president battling cancer, holds farewell party in Tokyo
A former president of machinery manufacturer Komatsu Ltd. who is battling cancer holds a farewell party in Tokyo attended by 1,000 people.
Business / Corporate Jul 28, 2016
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 ...
Business Feb 9, 2016
ANA to pare Komatsu flights due to 50% fall in passengers after shinkansen line debut
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 ...
Business / Corporate Jul 2, 2014
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 ...
National 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, 26, ...
Business / Corporate Mar 6, 2014
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 ...
Business / Corporate Jan 2, 2014
Komatsu bets on local concrete boom as global mining sales falter
by Masumi Suga
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 ...
Business / Corporate Oct 28, 2013
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 ...