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Lower width reduction after indu Komatsu, in sharp decline


Komatsu <6301> Yoritsuku for $ 2300 but will be weaker yen the previous day and 85 (3.6% depreciation), it is then lowered to reduce the width.

The company lowered its earnings forecast for the year ended March 31, now 29, after the close. Have lowered (down 10.3% year-on-year) 230 billion yen from 262 billion yen operating profit of previous forecasts.

What has been such as reduced demand for construction machinery in the Indonesian market has affected, profit warning is also perspective with already weaving, because it is expected to be contributed weaker yen fourth quarter (January-March), there is a possibility that the movement will continue to repurchase.

The current stock price of 2365 yen for 26 minutes at 9 20 weaker yen the previous day.

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