Komatsu, Caterpillar warn of profit hits as tariffs weigh on demand

Equipment makers estimate damage to US sales with housing starts on decline

20250512N Komatsu excavator

Construction equipment made by Komatsu. Manufacturers expect tough business conditions in fiscal 2025. (Photo obtained by Nikkei)

SHOKO KUGAI

TOKYO -- Major Japanese construction equipment manufacturers see a tough year ahead, earnings out by Monday show, with the Trump administration's tariffs expected to cut into global demand and raise costs.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.