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Ohashi Named President and CEO of Komatsu

Effective April 1, 2013, Tetsuji Ohashi assumed the positions of president and chief executive officer of Komatsu Ltd.

“On behalf of the Komatsu Group, I want to extend our sincere appreciation to all our stakeholders for your support and interest in us,” Ohashi said. “While we see some brightening signs in our business environment, we are continuing to face uncertain conditions. However, I believe our core businesses of construction equipment and industrial machinery embody potential growth momentum. To effectively work in such an environment, we have been developing a new mid-range management plan with goals set for the fiscal year ending March 2016. We are going to announce it on April 25. We are continuing to make all-out effort, designed to strengthen our corporate muscle, in order to drive further growth.

“We believe that our corporate value is the total sum of trust given to us by society and all our stakeholders,” Ahashi said. “In this light, while further improving our business results, we are continuously committed to adhering to our business basics, such as safety, environmental preservation, compliance and quality assurance. I would like to ask you for your continued support.”