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Bandai Namco Addresses Misconduct at Overseas Subsidiary

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Bandai Namco Addresses Misconduct at Overseas Subsidiary

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BANDAI NAMCO Holdings ( (JP:7832) ) has provided an update.

Bandai Namco Holdings Inc. has disclosed misconduct by a former employee of its overseas subsidiary, BANDAI LOGIPAL (H.K.) LTD., involving the misappropriation of approximately JPY 500 million. The company has taken legal action and implemented disciplinary measures against involved parties, while also enhancing compliance and supervision to prevent future incidents. The financial impact on the company is expected to be minimal.

The most recent analyst rating on (JP:7832) stock is a Buy with a Yen3970.00 price target. To see the full list of analyst forecasts on BANDAI NAMCO Holdings stock, see the JP:7832 Stock Forecast page.

More about BANDAI NAMCO Holdings

Bandai Namco Holdings Inc. operates in the entertainment industry, focusing on logistics, customs, amusement-related business, product inspection, and manufacturing support. Its subsidiary, BANDAI LOGIPAL (H.K.) LTD., specializes in forwarding and logistic management for toy products.

Average Trading Volume: 2,645,510

Technical Sentiment Signal: Buy

Current Market Cap: Yen3139.5B

For detailed information about 7832 stock, go to TipRanks’ Stock Analysis page.

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