<PAGE>
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 March, 2000
COMMISSION FILE NUMBER: 1-7239
KOMATSU LTD.
...............................................
Translation of registrant's name into English
3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan
............................................
Address of principal executive offices
<PAGE>
- 2 -
INFORMATION TO BE INCLUDED IN REPORT
------------------------------------
1. One company announcement made on March 10, 2000.
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.
-----------------------------
(Registrant)
Date: March 14, 2000 By: /s/Masaru Fukase
-------------------------
Masaru Fukase
Senior Executive
Officer
<PAGE>
NEWS RELEASE
March 10th, 2000
Komatsu Ltd.
Public Relations & Advertising Dept.
Phone: +81-3-5561-2616
Toyo Information Systems Co., Ltd.
Corporate Planning Dept.
Phone: +81-3-3271-5572
KOMATSU SOFT TO JOIN TOYO INFORMATION SYSTEMS GROUP
---------------------------------------------------
Komatsu Ltd. and Toyo Information Systems Co., Ltd. have agreed to enter
into an alliance relationship in the information service business to capitalize
on the rapid progress of Information Technology (IT). In this context, Komatsu
has decided to transfer 65% of the outstanding shares of Komatsu Soft Ltd. to
Toyo Information Systems, whereby, Komatsu Soft will pursue its strengthening
and development as a subsidiary of the Toyo Information Systems group.
In keeping with increasing strategic investments in IT as well as
outsourcing of information service needs, the information service industry has
been growing rapidly in recent years. In this process, information service
providers have been acutely urged not only to expand their business sizes, but
also improve their software and solution-providing capabilities to deal with
increasingly sophisticated needs of customers.
Through the transfer of shares, which will raise consolidated net
sales of the Toyo Information Systems group to (Yen)120 billion or more, the
group will be able to take advantage of the economy of scale to significantly
increase its competitiveness in the information service market.
Toyo Information Systems has solid track records as a leading
information service company primarily serving the financial community. Through
the alliance, its customer base will expand to cover the manufacturing and
distribution sectors, which have been Komatsu Soft's strongholds. In addition,
by adding Komatsu Soft's know-how, it will further improve its solution
providing capability.
In the meantime, for Komatsu Soft, the arrangement means the addition
of leading-edge expertise Toyo Information Systems enjoys in the information
service business. Through increased solution-providing capability, it will be
able to expect a larger customer base and a stronger sales power. Thus, it will
become possible for Komatsu Soft to pursue dramatic expansion and development as
a member of the Toyo Information Systems group.
Komatsu has been vigorously and extensively deploying its IT strategy
on a global basis, with plans calling for further strengthening this business
area. The agreement with Toyo represents part of the effort to increase the
sophistication and efficiency of the Komatsu Group information service business
through forming a "Partnership in IT Strategy" with Toyo Information Systems in
the area of core business systems.
Outline of Komatsu Soft Ltd.
- ----------------------------
1) President: Masatake Mizusawa
2) Address: 2-31-22 Yushima, Bunkyo-ku, Tokyo
3) Established: November 1, 1982
4) Line of Business: Development and sales of business software
products, system operation and management
services, sales of computer system products
and related equipment, etc.
5) No of Employees: 888 (as of March 31, 1999)
6) Capitalization: (Yen)1,234 million (as of March 31, 1999)
7) Outstanding Shares: 7,198,000 (as of March 31, 1999)
8) Net Sales: (Yen)20,859 million (as of March 31, 1999)
