Komatsu Ltd
6301: XTKS (JPN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥9,241.00 | Flsbhyj | Wbtvstrkz |
Komatsu’s Q2 Fiscal 2021 Slightly Above Expectations; Raised Full-Year Guidance; Fairly Valued
Business Strategy and Outlook
Komatsu is the second-largest construction equipment manufacturer in the world by revenue. Its core construction, mining, and utility equipment business contributes around 90% of revenue. The remainder comes from its retail finance business and industrial machinery and others, which includes metal forging, stamping presses, machine tools, and defense-related equipment. The Americas and Asia are the main markets for Komatsu, accounting for more than 80% of revenue, followed by Europe and the Commonwealth of Independent States.