Yokohama expects to take loss

Yokohama Rubber Co. Ltd. will record a loss of 2.9 billion yen "on the revaluation of investment securities in fiscal 2009," which ended March 31, 2009.

Yokohama management is analyzing 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."

Yokohama recently revised its projections for the second time this year.