About UsKomatsu Ltd., established in 1921, is a diversified provider of industrial-use products and services. While remaining an international leader in the field of construction and mining equipment, the Company engages in other business, such as industrial machinery and vehicles, logistics, electronics and other solutions-based operations. By upholding ¿Quality and Reliability¿ as the most important management policy, Komatsu is resolutely committed to providing safe, innovative products and services that best meet the needs and expectations of its customers around th |
Happenings / News / Press CoverageIn the first quarter (three months from April 1 to June 30, 2011) of the second year of the ongoing management plan, demand for construction and mining equipment continued to remain brisk in Strategic Markets, especially in Asia, while it declined in China and some other countries. In Traditional Markets, demand recovered steadily. Demand for industrial machinery continued to recover slowly. Against this backdrop, consolidated net sales increased to JPY494.1 billion (USD6,101 million, at USD1=JPY81) for the first quarter under review, up 10.5% from the corresponding period a year ago.
In the first quarter under review, the Japanese currency appreciated against the U.S. dollar and Renminbi more than the previous first quarter a year ago; however, Komatsu expanded the volume of sales, while improving selling prices as well as production and other costs. As a result, operating income for the first quarter advanced to JPY68.3 billion (USD844 million), up 26.4% from the corresponding period a year ago. Similarly, operating income ratio improved by 1.7 percentage points to 13.8%. Income before income taxes and equity in earnings of affiliated companies increased by 36.6% to JPY68.4 billion (USD845 million). Net income attributable to Komatsu Ltd. totaled JPY55.7 billion (USD688 million), an improvement of 81.5%.
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Information in the news releases is current on the date of the announcement and is subject to change without notice.
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 | Fact Sheet | | | Year of Establishment | : | 1921 | | Nature of Business | : | Trader | | Major Markets | : | Indian Subcontinent, East Asia, Middle East and South East Asia |
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Contact Details| | Company Name:
| Komatsu Limited | | Contact Person: | Mr. Manager | | Telephone: | +(91)-(80)-22256982
| | Fax No: | +(91)-(80)-22250309 | | Address: | 1st Floor, Lakshmi Narayan Complex, 10/1, Palace Road, Bengaluru, Karnataka - 560 001 (India) |
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