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Western Japan companies hit by rain, but share losses limited

Reuters  |  TOKYO 

TOKYO (Reuters) - Shares of some companies hurt by torrential rain in western Japan fell on Monday, but losses were modest with Mazda Motor Corp even gaining as investors bet that damages and disruptions to supply chains would be limited.Shares of Yamato Holdings, which runs a national parcel delivery business, fell 0.9 percent on worries about disruptions to its service. Local businesses were hit particularly hard, and electronics appliance retailer Edion Corp fell 1.7 percent by mid-afternoon. The company is based in Osaka and many of its stores are in western Japan.Hiroshima-based retailer ...

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First Published: Mon, July 09 2018. 10:46 IST
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