Komatsu Ltd.
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in mil. unless spec.Company Description
- CEO
- Imayoshi Takuya
- Full Time Employees
- 67,279
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- Shiodome Building Tokyo TY Japan 105-8316
- IPO Date
- Jul 26, 2007
- Website
- komatsu.jp
- Similar Companies
- Business
- Komatsu Ltd. manufactures construction, mining, utility, forestry, and industrial machinery, including hydraulic excavators, bulldozers, wheel loaders, dump trucks, motor graders, forklifts, diesel engines, press machines, and thermoelectric generators; the company serves infrastructure development, resource extraction, and industrial sectors worldwide with operations in Japan, Asia, the Americas, and Europe. Founded in 1921 and headquartered in Minato, Tokyo, Japan, Komatsu ranks as the world's second-largest producer of construction and mining equipment after Caterpillar, with a group comprising 215 consolidated subsidiaries and 42 equity-method affiliates. The company recently completes the acquisition of GHH Group GmbH in July 2024 to bolster underground mining offerings with loaders, articulated dump trucks, and tunnelling equipment; expands its distributorship partnership with Bangkok Motor Works through a joint venture acquiring a 60% stake in operations across Malaysia, Singapore, Myanmar, and Brunei; and forms strategic alliances including an MOU with Cummins for hybrid powertrains in mining trucks, a deal with Applied Intuition for autonomous Vehicle OS and AI tooling to enhance safety and productivity, and prior acquisition of American Battery Solutions in 2023 for equipment electrification.
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