In the fiscal year ended March 31, 2024, the Japan-based multinational manufacturer of construction, mining, and military equipment generated around 3.9 trillion Japanese yen in revenue.
Background on Komatsu Limited
Following a separation from its parent company, Komatsu Limited was first established in 1921 in Tokyo, Japan. As a leading multinational manufacturer of construction, mining, and military equipment, Komatsu has employees all around the world. The Japanese manufacturer employed 65,738 individuals in 2024. This represented a significant increase in the number of employees relative to the previous year, when a total of 64,343 were employed.
A global leader
In 2019, Komatsu was ranked as the world’s second largest manufacturer of construction machinery, making sales amounting to about 23.3 billion U.S. dollars. In addition, Komatsu held a market share of 11.5 percent in the same period, second only to the U.S.-based manufacturer Caterpillar, and well ahead of the next placed manufacturer John Deere who reported a share of 5.5 percent.
Komatsu's global net sales between FY 2017 and FY 2023
(in billion Japanese yen)
Figures prior to 2022 were taken from a previous financial statement. One Japanese yen is approximately equal to 0.006606 U.S. dollars (as of March 31, 2024). The values have been rounded.
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Komatsu Limited. (September 12, 2024). Komatsu's global net sales between FY 2017 and FY 2023 (in billion Japanese yen) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/226050/global-revenue-of-komatsu/
Komatsu Limited. "Komatsu's global net sales between FY 2017 and FY 2023 (in billion Japanese yen)." Chart. September 12, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/226050/global-revenue-of-komatsu/
Komatsu Limited. (2024). Komatsu's global net sales between FY 2017 and FY 2023 (in billion Japanese yen). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/226050/global-revenue-of-komatsu/
Komatsu Limited. "Komatsu's Global Net Sales between Fy 2017 and Fy 2023 (in Billion Japanese Yen)." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/statistics/226050/global-revenue-of-komatsu/
Komatsu Limited, Komatsu's global net sales between FY 2017 and FY 2023 (in billion Japanese yen) Statista, https://www.statista.com/statistics/226050/global-revenue-of-komatsu/ (last visited December 24, 2024)
Komatsu's global net sales between FY 2017 and FY 2023 (in billion Japanese yen) [Graph], Komatsu Limited, September 12, 2024. [Online]. Available: https://www.statista.com/statistics/226050/global-revenue-of-komatsu/
