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KOMATSU Raises Prices OF Construction Machinery And Forklifts In Japan By 10%
Publication Date: 2023-01-17
Recently, Komatsu issued a notice of price adjustment. The object of price adjustment covers all products of construction machinery and forklifts in the Japanese market, as well as pure parts and diesel oil. The prices of related products are sold according to the adjusted sales prices.

Komatsu Raises Prices of Construction Machinery And Forklifts In Japan By 10%

According to Komatsu, the company's production and sales were affected to varying degrees by factors such as global supply chain tension, raw material prices and high logistics costs. In order to realize the growth strategy of its medium-term business plan, Komatsu strengthens the multi-source procurement system of parts, makes full use of cross-procurement to reduce costs, and continues to provide high-quality products and parts for customers.

In fact, on December 22nd, 2021, Komatsu adjusted the price of machinery in the Japanese market. Komatsu said: "The reason why we adjust price is the further surge in raw material prices and logistics costs, as well as the rising labor costs and energy costs."


The specific price adjustment contents of relevant products in the Japanese market are as follows:

1. Price adjustment range
All types of construction machinery, forklifts and pure parts and diesel oil for the domestic market.
2. Price adjustment limit
The average price of all types of construction machinery and forklifts increased by 10%;
The average price of pure parts increased by 7%;
The average price of oil increased by 28%.
3. Implementation date of price adjustment
The new prices for all types of construction machinery and forklifts will be implemented from February 1, 2023;
The new prices for pure parts and oil will be implemented from April 1, 2023.


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