TOKYO Oct 30 A Komatsu Ltd executive
said the overall market in China for construction equipment has
cooled, and the excavator maker has seen little impact on sales
from anti-Japanese sentiment.
Komatsu, which competes with bigger rival Caterpillar Inc
, expects demand for construction and mining equipment in
China to fall by around 40 percent in October-December from a
year earlier, Chief Financial Officer Mikio Fujitsuka told a
news conference on Tuesday.
Demand in January-March could at best be level with the
year-earlier period and at worst could fall by 20 percent, he
Relations between Japan and China nosedived after the
Japanese government bought disputed islands in the East China
Sea from a private Japanese owner in September, triggering
violent protests and calls for boycotts of Japanese products