Martin Placek
Research expert covering transportation and electronics
Komatsu - statistics & facts
Established in 1921 in Tokyo, Japan, Komatsu, also known as Komatsu Ltd., is a Japanese multinational corporation, whose primary business revolves around the manufacturing of construction, mining, industrial, and military equipment.
Financial performance
Due to the company’s vast global distribution, Komatsu’s global net sales amounted to around 3.9 trillion Japanese yen in the fiscal year ended March 2024. Out of the accumulated net sales, over 3.6 trillion Japanese yen was acquired from the company’s construction, mining and utility equipment department. In 2023, the majority of the firm’s global revenue was obtained in the Americas, followed by Asia and Oceania, excluding Japan. Additionally, the company generated around 340 billion Japanese yen in revenue from conducting business in Japan.A global leader
The Japanese company is the second largest producer of construction equipment in the world, trailing only U.S. giant Caterpillar. With a market share of 10.4 percent, Komatsu has employees all around the world, making it a global leader in the construction equipment market.
