|Bid||2,508.50 x 0|
|Ask||2,510.00 x 0|
|Day's Range||2,489.00 - 2,515.00|
|52 Week Range||2,180.50 - 3,525.00|
|Beta (3Y Monthly)||1.64|
|PE Ratio (TTM)||9.84|
|Earnings Date||Oct 28, 2019 - Nov 2, 2019|
|Forward Dividend & Yield||110.00 (4.41%)|
|1y Target Est||3,928.50|
Komatsu recently introduced its Proactive Dozing Control logic, a fully-integrated dozing control system that allows operators to perform auto-stripping, auto-spreading and high production dozing, as well as finish grading. Available on the Komatsu D51EXi-24, D51PXi-24, D61EXi-24 and D61PXi-24 dozers, Komatsu’s Proactive Dozing Control logic is built on the company’s existing intelligent machine control. “Proactive Dozing Control logic opens up a world of application possibilities for machine control technology,” said Derek Morris, Product Marketing Manager, Intelligent Machine Control and Smart Construction for Komatsu.
Package supply company Sealed Air (NYSE: SEE) announced the for cause termination of its Chief Financial Officer, William G. Stiehl, as an investigation into its accounting and financial reporting practices continues. The investigation calls into question the decision to change auditing firms. From the June 20, 2019 press release, "Stiehl's termination is related to an internal review by the Audit Committee of the Board of Directors in connection with the previously disclosed investigation by the U.S. Securities and Exchange Commission ("SEC").
Komatsu Mining Corp. is pleased to announce the acquisition of Timberock International Ltd. to support the growth of its hard rock drilling and bolting solutions for mining customers worldwide.
The crossover point — when electric vehicles become cheaper than their combustion-engine equivalents — will be a crucial moment for the EV market. Every year, that crossover point gets closer. In 2017, a BloombergNEF analysis forecast that the crossover point was in 2026, nine years out.
Bringing together product, technology and service experts from across the company, Komatsu announces the launch of its global Center of Excellence for Autonomous Haulage Systems .
Komatsu Ltd. and Hitachi Construction Machinery Co.’s earnings reports this week gave investors reason to breathe a sigh of relief. Meanwhile factory-automation giant Fanuc Corp. offered more reason for worry, after the company cut its operating-income outlook for the year by 36 percent on Thursday. Hitachi’s boost came from new mining excavators and dump trucks, sales of which rose 15 percent in the three months ended December. Regionally, sales climbed across the board, led by Japan, where industrial output rose by the most since 2013 over the same period.
Komatsu America Corp., a leading global heavy equipment manufacturer, today announced the FrontRunner Autonomous Haulage System (AHS) has qualified to operate on private long-term evolution (LTE) mobile broadband technology. This is the mining industry’s first AHS enabled to run on private LTE in commercial operations, making way for ultra-high system availability and reliability, while adhering to Komatsu’s renowned safety standards. Komatsu’s FrontRunner AHS allows unmanned operation of ultra-class mining trucks and is critical to the mining industry.
China's construction equipment industry is bracing for a decline in sales in 2019 after two years of rapid growth, as work slows on new projects and firms replace fewer old diggers and cranes, executives at an industry event in Shanghai said this week. China is likely to see sales of excavators, loaders and dump trucks — proxies for the country's infrastructure and building sectors — fall 7-8 percent next year, down from 30 percent growth in 2018, data from consultancy Off-Highway Research show. The expected downturn in demand underscores a major challenge facing Beijing even as it looks to fast-track infrastructure projects to support economic growth, which has cooled to its slowest pace since the global financial crisis and is facing mounting pressure from U.S. tariffs.
Komatsu Mining Corp. has been named one of America’s Safest Companies by EHS Today, the magazine for environment, health and safety leaders. As one of 13 honorees nationwide, Komatsu was chosen for its dedication to the safety and health of its employees and customers. “We are thrilled to be receiving this award,” said George Carlough, global director, environment, health and safety at Komatsu Mining.
Results from Fanuc Corp. and Komatsu Ltd. were a mixed bag Monday. Factory-automation giant Fanuc reported an 8.4 percent drop in fiscal first-half operating income, while construction-equipment maker Komatsu posted an 80 percent profit surge. The overall picture, though, is that concerns sparked by U.S. bellwether Caterpillar Inc. last week of late-cycle cost pressures and a deteriorating China outlook have been overdone, at least as far as the Japanese firms are concerned.
Japan's Nikkei rose on Tuesday as investors bought beaten-down cyclical stocks and firms which are raising profit forecasts, tempering fresh worries about U.S.-China trade frictions. The spike in turnover was caused by passive investors' portfolio rebalancing due to the Topix index's annual free-float adjustment for companies whose business years ending March. U.S. shares fell after Bloomberg reported that Washington is planning an additional $257 billion worth of tariffs on Chinese goods if upcoming talks between Presidents Donald Trump and Xi Jinping fail to end the trade war.
Japan's Nikkei rose on Tuesday morning in choppy trade as investors bought cheaply-valued cyclical stocks and firms raising their annual forecasts, which tempered fresh worries about U.S.-China trade frictions ...
Japan's Nikkei on Wednesday recouped some of the previous day's hefty losses but gains were limited as investor sentiment was still fragile after the recent heavy selling in global shares. The Nikkei share ...
Investors were already on edge, and the American industrial bellwether pushed them over: As Caterpillar Inc. reported its best third quarter ever, the stock dropped almost 10 percent Tuesday on a downbeat outlook. Japanese rivals including Komatsu Ltd. and Hitachi Construction Machinery Co. followed suit Wednesday, and trading volumes jumped. As my Bloomberg Opinion colleague Brooke Sutherland explained, late-cycle cost pressures in the U.S. are being exacerbated by President Donald Trump’s trade war with China to weigh on the likes of Caterpillar and 3M Co. In the third quarter, Cat’s manufacturing costs rose $200 million from the previous year, double the pace of increase seen in the first half.
SEOUL/TOKYO (Reuters) - A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports. Companies including SK Hynix of South Korea and Mitsubishi Electric , Toshiba Machine Co. and Komatsu of Japan began plotting production moves since July, when the first tariffs hit, and the shifts are now under way, company representatives and others with knowledge of the plans told Reuters. Others, such as Taiwanese computer-maker Compal Electronics (2324.TW) and South Korea's LG Electronics , are making contingency plans in case the trade war continues or deepens.