Komatsu, also known as Komatsu Ltd., is a Japanese corporation, whose primary business revolves around the manufacturing of construction, mining, industrial and military equipment. In 2015, the company was the second largest producer of construction equipment in the world with some 14 billion U.S. dollars of equipment sales, trailing only U.S. giant Caterpillar. Due to the company’s vast global distribution, Komatsu’s global net sales amounted to around 1.9 trillion Japanese yen in the 2015 fiscal year. Out of the accumulated net sales, over 1.6 trillion Japanese yen was acquired from the company’s construction, mining and utility equipment department. In the fiscal year of 2015, Komatsu’s net income came to around 137 billion Japanese yen. The majority of the firm’s global revenue was obtained in the Americas with just under 620 billion Japanese yen earned, followed by Japan with almost 310 billion Japanese yen. As of 2015, the total number of employees working for Komatsu in production facilities increased steadily between 2010 and 2014, but fell to around 47,000 in 2015. In 2017, the manufacturer of construction, mining and military equipment acquired Joy Global of Wisconsin.
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