Komatsu : Notice of Changing the Trade Name of a Consolidated Subsidiary
April 19, 2017 at 07:10 pm EDT
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Please be advised that Joy Global Inc. of the United States, a consolidated subsidiary of Komatsu Ltd., resolved to change its trade name to the following name in its Board meeting, held on April 19 (local time: Eastern Standard Time, UTC-5).
Specifics
1. Outline of the concerned consolidated subsidiary
(1)Trade name:Joy Global Inc.
(2)Headquarters:Milwaukee, Wisconsin, USA
(3)Name and title of representative:President and CEO: Jeffrey Dawes
(4)Line of business:Manufacture, sales and servicing of mining equipment for surface and underground mining
(5)Share capital:131 million US dollars
2. New trade name
Komatsu Mining Corp.
3. The reason for changing the trade name
Joy Global Inc. became a consolidated subsidiary of Komatsu Ltd. as of April 5, 2017 (local time: Eastern Standard Time, UTC-5). The change of the trade name of Joy Global Inc. is designed to clarify its position in the Komatsu Group.
4. The date of changing the trade name
April 19, 2017 (local time:Eastern Standard Time, UTC-5)
Information in the news releases is current on the date of the announcement and is subject to change without notice.
Komatsu Ltd. published this content on 20 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2017 23:10:13 UTC.
Original documenthttp://www.komatsu.com/CompanyInfo/press/2017042007325524074.html
Public permalinkhttp://www.publicnow.com/view/189F98285A404CE36322AECCBBC956D10A56BDED
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%).
KOMATSU LTD. 
