Company results for year ended March, 31.

by May 28, 2020

Revenue for the year decreased by 10.3% as a result of a decline in sales of new machinery because of the effect of COVID-19 on various markets and demand for hydraulic excavators declined in all regions except for Japan and North America. Moreover, the company predicted that next year sales revenue will fall by approximately 17.3%. According to PTR the company’s market share in 2019 was 5.1%. Link to the news: