Komatsu Lifts Full-Year Profit Forecast as Tariff Bill and Middle East Slump Prove Smaller Than Feared
Komatsu's quarterly operating profit rose 8% on a weaker yen and firmer pricing, and the equipment maker lifted its full-year sales and profit guidance after cutting its estimated US tariff cost to ¥25.8bn from ¥37.8bn and trimming its assumed Middle East demand losses.