Earlier this year I wrote about the Euro/Yen development and its effect on Komori's fortunes vs. its primarily German competitors. Komori's market position is already benefiting from the new FX trend and the continued Yen weakening through at least the end of June leads one to expect further positive development in a generally uninspiring market.
The next graph attempts to compare the order development for sheetfed equipment of the three mayor sheetfed players, with 2012-Q1 orders being 100%. The second bar shows the 2012-Q2 when all companies booked most of their DRUPA orders.
Afterwards new business was actually shrinking for the next three quarters for the two German suppliers while Komori's order trend developed positively.
Afterwards new business was actually shrinking for the next three quarters for the two German suppliers while Komori's order trend developed positively.
Looking at 2013-Q2 on the above FX chart I would expect to see more positive news from Komori.
RSS Feed
