Komatsu Limited
TYO:6301 ISIN:JP3304200003
Komatsu Limited (TSE: 6301). The Group's principal activities are it provides diversified industrial products and services. The Group operates through three segments: Construction and mining equipment, Electronics and other solution-based operations. The products of the construction and mining equipment includes excavating equipment, loading, grading, roadbed preparation equipment, hauling equipment, tunneling machines, recycling equipment, engines, components, casting products and other equipment. The electronic segment manufactures semiconductor materials and manufacturing equipment, which includes electronic materials, communications equipment, control equipment and temperature control equipment. The products classified as other include metal forging, stamping presses, sheet-metal machines, machine tools, industrial vehicles, logistics and defense systems. Construction and mining equipment accounted for 71% of fiscal 2002 revenues; Electronics, 7% and others, 22%.
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Komatsu Limited (TYO:6301) (PINK:KMTUY), world's second largest manufacturer of construction equipment and mining equipment signed an academic-industry collaboration agreement with Tongji University on April 7 2011 in Shanghai, whereby two parties will conduct joint research programs in mechanical engineering and information communication technology in relation to construction equipment.
Australia's biggest construction equipment expo - The 7th Australian Construction Equipment Expo - ACE 2011 will be held from Thursday 24 to Saturday 26 February 2011 at Sandown Racecourse, Melbourne.
Asian share markets mostly fell on Friday as investors' sentiment turned soured after the Wall Street losses overnight. Tokyo stocks fell sharply with the key Nikkei index hitting a fresh four-month intraday low under 9,500. Yen remained strong despite many key currencies were lower against US dollar.
Komatsu Ltd (TYO:6301), the Japanese earthmoving equipment giant, outperformed the industry in Japan and delivered a strong unit sales of hydraulic excavators jumped 75 percent in China in September.
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