Annual Report 2007 - Komatsu
Annual Report 2007 - Komatsu
Annual Report 2007 - Komatsu
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Contents<br />
Financial Highlights ............................................................................................................................................................................................................................................................ 01<br />
To All Our Stakeholders.................................................................................................................................................................................................................................................... 04<br />
Interview with Kunio Noji, President and CEO ........................................................................................................................................................................................................ 07<br />
Corporate Governance...................................................................................................................................................................................................................................................... 14<br />
Feature Section : The KOMATSU Way ........................................................................................................................................................................................................................ 17<br />
Environmental and Social Efforts .................................................................................................................................................................................................................................. 24<br />
Development of Demining Machines for Anti-Personnel Landmines: Incorporating Construction Equipment Technologies ................................................... 26<br />
Review of Operations ........................................................................................................................................................................................................................................................ 27<br />
Construction and Mining Equipment...................................................................................................................................................................................................................... 28<br />
Industrial Machinery, Vehicles and Others........................................................................................................................................................................................................... 34<br />
Electronics......................................................................................................................................................................................................................................................................... 36<br />
Financial Section.................................................................................................................................................................................................................................................................. 37<br />
Directors, Auditors and Officers..................................................................................................................................................................................................................................... 91<br />
<strong>Komatsu</strong> Group Investment Holdings.......................................................................................................................................................................................................................... 92<br />
Corporate Information ...................................................................................................................................................................................................................................................... 94<br />
On the cover: Assembly line at the Ibaraki Plant which launched production in January <strong>2007</strong><br />
CAUTIONARY STATEMENT<br />
This <strong>Annual</strong> <strong>Report</strong> contains forward-looking statements that reflect management‘s views and assumptions in the light of information currently available<br />
with respect to certain future events, including expected financial position, operating results and business strategies. These statements can be identified by<br />
the use of terms such as “will,” “believes,” “should,” “projects,” “plans,” “expects” and similar terms and expressions that identify future events or<br />
expectations. Actual results may differ materially from those projected, and the events and results of such forward-looking assumptions cannot be assured.<br />
Any forward-looking statements speak only as of the date of this <strong>Annual</strong> <strong>Report</strong>, and <strong>Komatsu</strong> assumes no duty to update such statements.<br />
Factors that may cause actual results to differ materially from those predicted by such forward-looking statements include, but are not limited to,<br />
unanticipated changes in demand for the Company‘s principal products, owing to changes in the economic conditions in the Company’s principal markets;<br />
changes in exchange rates or the impact of increased competition; unanticipated costs or delays encountered in achieving the Company‘s objectives with<br />
respect to globalized product sourcing and new information technology tools; uncertainties as to the results of the Company‘s research and development<br />
efforts and its ability to access and protect certain intellectual property rights; the impact of regulatory changes and accounting principles and practices;<br />
and the introduction, success and timing of business initiatives and strategies.