Financial performance
Due to the company’s vast global distribution, Komatsu’s global net sales amounted to around 3.5 trillion Japanese yen in the fiscal year ended March 2023. Out of the accumulated net sales, just under 3.3 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 321.8 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 10.7 percent, Komatsu has employees all around the world, making it a global leader in the construction equipment market.
