Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Komatsu to Streamline Product Lineup to Focus on New Models

Komatsu Ltd., the world’s second-biggest construction equipment maker, will streamline its product lineup to trim costs and allocate resources to design high-end models as competition from Asian rivals intensifies.

The Japanese company plans to cut product lines for mid-and small-sized excavators, bulldozers and wheel loaders by 20 percent to about 100 at its Awazu plant in central Japan by March 2016, spokesman Hiroshi Ishihara said today by telephone.

Komatsu is accelerating development of value-added products, including driverless dump trucks used in mining, and fuel-efficient models by paring costs through cutbacks in its existing produce lines. Asian competitors, including China’s Sany Heavy Industry Co., are stepping up competition by offering lower-priced machinery as they challenge Komatsu and industry leader Caterpillar Inc. of the U.S.

Komatsu plans to increase research and development by 6.8 percent to 58.5 billion yen ($658 million) for the financial year through March 31, the company said on April 26.

The cutback was earlier today reported in the Nikkei newspaper, without saying where it obtained the information.

Komatsu gained 1.9 percent to 2,337 yen as of 1:36 p.m. on the Tokyo Stock Exchange, extending its gain in the past six months to 30 percent.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.