Komatsu to reap $700m windfall from fresh price hikes

Equipment maker to continue raising sticker prices to hedge against uncertainties

20230301N Komatsu

Komatsu sees room to raise prices on its construction equipment again after a round of hikes in fiscal 2022. (Photo obtained by Nikkei)

YASUFUMI TSUGE, Nikkei staff writer

TOKYO -- Heavy equipment maker Komatsu will continue to raise product prices during the coming fiscal year in a move expected to lift group operating profit by 100 billion yen ($734 million) for the 12-month period.

Sponsored Content

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