FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of April 2002
COMMISSION FILE NUMBER: 1-7239
KOMATSU LTD.
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Translation of registrant's name into English
3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan
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Address of principal executive offices
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INFORMATION TO BE INCLUDED IN REPORT
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1. One company announcement made on April 4, 2002 and one company announcement
made on April 5, 2002.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
KOMATSU LTD.
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(Registrant)
Date: April 5, 2002 By: /s/ Kenji Kinoshita
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Kenji Kinoshita
Executive Officer
For Immediate Release [LOGO]
KOMATSU
2-3-6 Akasaka, Minato-ku,
Tokyo 107-8414, Japan
Corporate Communications
Tel: +81-(0)3-5561-2616
Date: April 4, 2002
URL: http://www.komatsu.com/
KOMATSU TO OUTSOURCE CABS TO VOLVO
First Step in Cooperation on Construction Equipment Components
Komatsu Ltd. and Volvo Construction Equipment (Volvo CE) have now reached a
basic agreement for cooperation on production and development of construction
equipment components as a result of discussions both companies have engaged in
since last autumn.
As a first step, Komatsu and Volvo have signed a letter of intent for the
production of Komatsu designed wheel loader cabs at Volvo CE's cab plant in
Hallsberg, Sweden. The cabs, currently outsourced, will be for four models of
Komatsu's small wheel loaders, produced in Europe and North America.
Production is scheduled to start at the beginning of 2003 after the finalization
of specific conditions.
With the outsourcing of production to Volvo CE, Komatsu will be able to expect a
reduction in costs. This commercially based agreement will provide Volvo CE with
increased operating efficiencies at its Hallsberg plant.
The agreement is part of the ongoing cooperation discussions between Komatsu and
Volvo CE. Discussions in progress include collaboration in the supply and
development of drivelines, except engines. Conclusion of these discussions is
expected to take place this autumn and announcements on these and other
potential ventures will be made as basic agreements are reached.
Mr. Masahiro Sakane, President of Komatsu, and Mr. Tony Helsham, President & CEO
of Volvo CE, state: "The cab venture is an initial step in our commitment to
reinforce cost competitiveness, further improve quality & technology and
increase customer satisfaction. It shows how a `win-win' situation can be
achieved."
Discussions between Komatsu and Volvo CE regarding cooperation in the production
and development of construction equipment components was first announced in
November 2001. In the discussions, Volvo CE and Komatsu will not include
cooperation in sales, service, distribution and equity participation. Both
companies will continue to engage in business as independent competitors using
their own dealer networks, brands and product identities.
(end)
For Immediate Release April 5, 2002
Komatsu Ltd.
Corporate Communications
Tel: +81-(0)3-5561-2616
URL: http://www.komatsu.com/
Hitachi Construction Machinery Co., Ltd.
Corporate Communication Dept.
Tel: +81-(0)3-3830-8065
URL: http://www.hcmac.com/
Hitachi Construction Machinery and Komatsu to Start Discussions on Collaboration
in Production and Procurement
Komatsu Ltd. and Hitachi Construction Machinery Co., Ltd. have agreed to start
discussions concerning a cooperative relationship in production and procurement
that is intended to further enhance the cost competitiveness of their products.
More specifically, the Parties will study a wide range of business arrangements
to reduce production costs mainly by cross-supply and joint procurement of
components for construction and mining equipment.
The two companies will focus on the subject areas specified below. As they
continue their discussions, they plan to agree on collaborative relations
beneficial to both Parties, and to implement them in a timely manner in the
second half of this fiscal year.
1. Collaboration in production and procurement of components
1) Cross supply of components which each Party produces at its own plants.
2) Joint procurement of third party components.
2. Collaboration overseas
1) Mutual referencing of their suppliers, joint search for suppliers and
procurement.
2) Cross supply of parts and components between their respective overseas
manufacturing subsidiaries.
3. Complementary relationship in attachments and new areas
1) Cross supply and joint development of attachments.
2) OEM supply of niche or specific-application products.
The agreement covers production and procurement only and excludes the areas of
sales and services. Accordingly, it will not affect the sales networks, brands
or product identities of the Parties. The two companies have no plans for mutual
capital participations.
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