tiprankstipranks
Trending News
More News >

Honda Executive Resigns Amid Allegations, Company Pledges Compliance Overhaul

Story Highlights
Honda Executive Resigns Amid Allegations, Company Pledges Compliance Overhaul

Honda Motor Co ( (JP:7267) ) has shared an announcement.

Honda Motor Co., Ltd. has announced the resignation of Shinji Aoyama, its Director, Executive Vice President, and Representative Executive Officer, following allegations of inappropriate conduct during a social gathering. The company has taken this matter seriously, with President Toshihiro Mibe voluntarily returning part of his compensation and emphasizing the restoration of trust and strengthening of compliance systems as top priorities.

More about Honda Motor Co

Honda Motor Co., Ltd. is a leading company in the automotive industry, known for manufacturing automobiles, motorcycles, and power equipment. The company is headquartered in Tokyo, Japan, and focuses on innovation and sustainability in its product offerings.

YTD Price Performance: -12.37%

Average Trading Volume: 205,765

Technical Sentiment Signal: Strong Buy

Current Market Cap: $41.41B

For a thorough assessment of 7267 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App