Komatsu Ltd. (NASDAQOTH:KMTUY.PK)
Komatsu Ltd. is a Tokyo-based company which engages in the manufacture, development, marketing, and sale of industrial-use products and services worldwide.
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This is a worldwide company. Public sentiment has overreacted to the recent hardships in Japan. I believe in the Japanese people. I purchased this for the same reason at CAT.
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Earthquake cleanup, rebuilding.
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China Growth - industrials
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I like the name Komatsu
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Japan Bull Market Checklist
Strong Currency...check
Low Exposure to Sub-Prime...check
High savings rate..check
Banks flushed with cash..check
Ability to buy distressed U.S assets..check
Deflationary economy showing sings of ending...check
Japan market ready for takeoff!!
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Read about this in Forbes magazine. This looked interesting.
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A solid company.
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Quality Machinery from a non-US source (asian). Grabbing a good share of the market here in the US and abroad, great alternative to CAT and DE (which I'm fans of both)
Debt is very low for such a large machinery company (esp compared to DE). KMTUY has been steadily increasing revenue each year and has every reason to continue considering their great locations geographically.
They seem to have bounced back nicely, after a small correction.
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