Hitachi Zosen Corporation (JP:7004) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hitachi Zosen Corporation has disclosed improper conduct within its marine engine business, specifically the rewriting of fuel consumption data in test results. The company has issued an apology, initiated an internal investigation, and is taking steps to prevent future occurrences, including the establishment of a special committee and business operation reassessment. While the impact on financial results is being evaluated, there have been no reported safety concerns related to the engines in question.
For further insights into JP:7004 stock, check out TipRanks’ Stock Analysis page.

