Yokohama Reports Loss on Revaluation of Investment Securities

Yokohama Rubber has announced it will record a 2.9 billion yen (£20.4 million) loss on the revaluation of investment securities during the fiscal year ended March 31, 2009. Company management is analysing the loss in the context of Yokohama’s overall financial performance and will determine whether the loss mandates a revision of the company’s fiscal projections.