Japanese Manufacturing Stocks Getting Hammered By China Slowdown

I've been looking around for bargains lately, looking at Japanese advanced manufacturers. Some of the stocks are off by 10% today alone, but the Nikkei is only down 0.5%.

Reuters: Japanese shares slip ahead of BOJ, Fanuc tumbles on poor earnings
Fanuc shares fell 12 percent after the robot maker unexpectedly cut its earning forecast, helping to push down the Nikkei share average 0.4 percent to 16,973.01 while the broader Topix dipped 0.1 percent to 1,391.21.

...The impact of weak demand in China hit Fanuc, which on Thursday cut its operating profit estimate for the year to March by 3.8 percent.

Omron Corp shares fell 15 percent after the machine maker cut its earning guidance, also citing weak demand for parts for smart phones and other products in China.

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