Japan's Fujitsu General slumps 11% on net loss forecast
** Shares of Fujitsu General 6755.T tumbled more than 11% to a more than two-month low
** Japanese air-conditioning manufacturer on Thursday revised its annual net profit forecast of a 6 billion yen profit to a 7 billion loss
** Stock last down 11.36% at 1,728 yen
** Reuters reported in January 2023 that computer maker Fujitsu launched an auction process for Fujitsu General, which had a market value of 390 billion yen ($2.57 billion) then, compared with the current value of around 190 billion yen
** The stock had hit a record high of 4,005 yen in April 2023 after reports of the sale of the company by its parent Fujitsu 6702.T
** Bloomberg News reported in May 2023 Fujitsu General's sale was said to have stalled
($1 = 152.0100 yen)
Reporting by Junko Fujita
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