Key facts
- Komatsu is considering raising prices in North America.
- The company anticipates a profit decline.
- Falling demand in the Middle East is a contributing factor to the expected profit drop.
- Higher fuel costs are also expected to negatively impact net profit.
Japanese construction equipment maker Komatsu is contemplating price hikes in North America as it forecasts a decrease in profit. This potential move comes amid expectations of declining demand from the Middle East and rising fuel costs, which are anticipated to affect the company's net profit.
Komatsu's consideration of price increases follows similar actions by its competitors in the North American market.