Price Increases for Hitachi Construction Machinery’s Products

On April 28, Hitachi Construction Machinery Co., Ltd. made the global sales prices for all of its mining and construction equipment subject to an average 8% increase from April. Each region and transaction will have a different rate of growth. About 20% of operating income for this fiscal year is represented by this. Although the effects of high raw material costs will diminish in the upcoming fiscal year, worries about a slowdown in the economy still exist. They will create a lucrative structure to further raise the operating profit margin from less than 13% in the current fiscal year, even if the benefits of the yen’s devaluation would lessen. For the domestic market this year, Komatsu increased costs for all types of construction machinery and forklifts by an average of 10%