Komatsu eyes price hikes in Latin America regardless of US tariffs: CFO

Japan machinery maker closes gap with US rival Caterpillar in operating profit margin

20250617N Komatsu truck

Komatsu, which raised prices mostly on mining machinery last fiscal year, plans to do the same for general construction machinery this year. © Reuters

MAYUMI KUZE

TOKYO -- Japanese construction machinery maker Komatsu plans to raise prices in Latin America -- its second-largest market after North America -- where it holds a price advantage over major U.S. competitors, Chief Financial Officer Takeshi Horikoshi told Nikkei in an interview.

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