2024-06-28 15:19:03 ET
Summary
- Komatsu Ltd.'s aftermarket business revenue is expected to grow, and this will boost its revenue predictability.
- The company's mining equipment business is likely to benefit from market share gains and price hikes.
- My opinion of Komatsu Ltd.'s aftermarket and mining equipment businesses is favorable, and this supports a Buy rating for the stock.
Elevator Pitch
I have a Buy investment rating for Komatsu Ltd. ( KMTUF , KMTUY ) [6301:JP] shares. My previous April 19, 2024 write-up analyzed Komatsu's capital allocation and valuations....
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For further details see:
Komatsu: I Like What I See With Key Businesses