Komatsu Ltd. announced its three-year, mid-term management plan, labeled “DANTOTSU Value—Together, to ‘The Next’ for sustainable growth.”
The company expects gradual growth of demand in its core business of construction, mining, and utility equipment in the medium to long-range span. In the short-term span, however, it projects that volatility will increase. Komatsu anticipates that demand for semiconductors will continue to thrive, and expects to see “structural changes” against the background of the growing popularity of electric vehicles.
Against this background, we are striving to achieve our vision of developing safe, highly productive, smart and clean workplaces of the future, together with customers, through the growth strategies of the new mid-term management plan.
DANTOTSU Value integrates DANTOTSU Products (advancement of machines), DANTOTSU Service (advancement of machine operations), and DANTOTSU Solutions (advancement of workplace operations).
Management targets in the new mid-term management plan include the same targets from the previous plan—“Growth,” “Profitability,” “Efficiency,” and “Financial Position”—along with an additional ESG target of the challenge to become carbon neutral by 2050. With respect to shareholder return, while placing priority on focusing investments in growth areas, Komatsu will continue to work for stable dividends for shareholders and maintain the policy of keeping a consolidated payout ratio of 40 percent or higher.
Source: Komatsu
