Mar.30, 2022
Due to the situation in Ukraine, the disruption in the supply chain surrounding Komatsu has become extremely difficult, and the impact on the financial and economic situation remains uncertain. In line with its crisis management policy, Komatsu has set up an emergency task force headed by its President and CEO, Hiroyuki Ogawa, in which information is being gathered and analyzed, and future measures are being discussed.
As announced on its website as of March 4, 2022, Komatsu has decided to suspend shipments to Russia for the time being, due to the current supply chain disruption and the uncertainty of the financial and economic situation.
Komatsu is deeply concerned about the current situation in Ukraine and is closely monitoring developments. Komatsu sincerely hopes that the situation will be settled peacefully as soon as possible.
Komatsu assumes that geographical sales in CIS (including Russia) will account for 8% of JPY 2, 435.0 billion for total sales of the construction, mining and utility equipment business in projected consolidated business results (announced in October 28, 2021*) for the fiscal year ending March 31, 2022.
As of today, Komatsu anticipates that the impact will be minimal on the projected consolidated business results for the fiscal year ending March 31, 2022. When Komatsu anticipates considerable effects on business results as affected by future developments of the Ukrainian situation, it will timely disclose them.
*Komatsu made no change on the projected consolidated business results for the current year, when it disclosed its nine-month business results on January 31, 2022.
No : 0104(3119)
Corporate Communications Department Sustainability Promotion Division Komatsu Ltd.
tel: +81-(0)3-5561-2616
mail: JP00MB_cc_department@global.komatsu
*The information may be subject to change without notice.
