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This document summarizes Komatsu's business development over several decades from the 1920s to 2000s. It discusses how Komatsu dominated the Japanese market in the 1950s due to protection policies, began expanding internationally in the 1960s, focused on developing its American business in the 1970s, achieved sales targets globally by the 1980s, partnered with local companies and launched new strategies in the 1990s, and transformed its strategy for the 21st century in the 2000s. The document also lists the most important and positive aspects of the "Komatsu Ways" as total quality control implementation, transformation strategies, on-site improvements, human resources development programs, and making great things through excellence. It suggests Komatsu reevaluate and