Konica Minolta's share price fell sharply, and its removal from the Nikkei Stock Average constituents was announced. Market attention is focused on the removal decision and the immediate reaction that followed.
The reported announcement that Konica Minolta will be removed from the Nikkei Stock Average constituents was followed by a sharp further decline in its share price. The news centers on the removal announcement itself and the market reaction it triggered.
The article reports a change in the company's status as a constituent of the Nikkei Stock Average, and includes discussion of the impact of the removal decision on the company and how it may be treated in the market going forward.