Komatsu : Notice of Application for Selection of “Prime Market” of Tokyo Stock Exchange’s New Market Segments
October 15, 2021 at 02:12 am EDT
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Notice of Application for Selection of "Prime Market" of Tokyo Stock Exchange's New Market Segments
Oct. 15, 2021
Komatsu Ltd. (President and CEO: Hiroyuki Ogawa) (hereafter the "Company") received the results of the initial assessment of its compliance with the listing standards of the new market segments from the Tokyo Stock Exchange (TSE), Inc. on July 9, 2021. Furthermore, the Company has confirmed that it is compliance with the listing standards of the Prime Market.
Based on these results, the Board of Directors has resolved to select and apply for listing on the Prime Market in its meeting held today.
Henceforth, the Company will proceed with the prescribed procedures related to the application for the selection of the new market segment in accordance with the schedule set forth by the TSE.
No : 0052(3067)
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.
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Komatsu Ltd. published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 06:11:08 UTC.
Komatsu Ltd. specializes in manufacturing and marketing of construction and mining operating materials. Net sales break down by family of products as follows:
- construction and mining operating materials (91.3%): hydraulic excavators, backhoe loaders, wheel loaders, graders, crawler excavators, forklifts, tunneling, bulldozers, forest tractors, etc.;
- other (6.6%): primarily industrial machines (grinders, press brakes, temperature control equipments, etc.).
The remaining sales (2.1%) are from financing activities.
Net sales are distributed geographically as follows: Japan (13.9%), China (4.7%), Asia and Oceania (21.4%), Americas (37.5%), Europe and CIS (15.7%), Africa and Middle East (6.8%).