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Komatsu Announces Reorganization of North American Subsidiaries

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Komatsu Announces Reorganization of North American Subsidiaries

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Komatsu Ltd. ( (JP:6301) ) has issued an announcement.

Komatsu Ltd. announced a reorganization of its subsidiaries in North America, leading to the establishment of a new company, Komatsu North America Corp. This move aims to enhance customer convenience and governance by transferring certain sales and service functions for construction and mining equipment to the new entity. The reorganization is not expected to significantly impact the financial results of the Komatsu Group as it involves only internal consolidations.

More about Komatsu Ltd.

Komatsu Ltd. is a leading company in the construction and mining equipment industry. The company specializes in manufacturing, sales, and services of construction and mining equipment, with a strong focus on the North American market.

YTD Price Performance: 8.23%

Average Trading Volume: 2,547,062

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen4345.8B

Learn more about 6301 stock on TipRanks’ Stock Analysis page.

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