Komatsu’s Fiscal 2018 Above Guidance but Slightly Below Our Expectations; Dividend Raised
Komatsu’s fiscal 2018 (ending March) EBIT increased by 72% year over year to JPY 303 billion, significantly above its guidance of JPY 236 billion, but is slightly below our expectations. The sharp year-over-year improvement is mainly driven by: (1) strong performance in its Construction, Mining, and Utility Equipment division that is underpinned by robust sales recorded in all geographical regions and the inclusion of Joy Global that was acquired last year; and (2) improvement in its retail fina...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.