Analyst Note
| Kazunori Ito |We are placing Komatsu under review following a change in analyst coverage. We plan to reinitiate coverage of Komatsu at end-September.
Capital Allocation
PREMIUM
We are placing Komatsu under review following a change in analyst coverage. We plan to reinitiate coverage of Komatsu at end-September.
Tokyo-based Komatsu is the second-largest construction equipment manufacturer in the world by revenue. Its core construction, mining, and utility equipment business contributes around 90% of revenue. The remainder comes from its retail finance business and industrial machinery and others, which includes metal forging, machine tools, stamping presses, and defense-related equipment. The Americas and Asia are Komatsu's main markets, accounting for more than 80% of revenue, followed by Europe and the Commonwealth of Independent States.