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Japan Airport Terminal Co ( (JP:9706) ) has issued an update.
Japan Airport Terminal Co., Ltd. has received an investigation report from a Special Investigation Committee regarding inappropriate transactions in its massage chair business at Haneda Airport. The report revealed that economic benefits were improperly directed to a company linked to a former politician’s son, leading to the resignation of top executives. The company plans to implement strict disciplinary actions and measures to prevent recurrence, aiming to restore trust and strengthen corporate governance.
The most recent analyst rating on (JP:9706) stock is a Buy with a Yen8700.00 price target. To see the full list of analyst forecasts on Japan Airport Terminal Co stock, see the JP:9706 Stock Forecast page.
More about Japan Airport Terminal Co
Japan Airport Terminal Co., Ltd. operates in the aviation services industry, focusing on managing airport facilities and providing related services. The company is involved in various operations, including the installation of amenities like massage chairs at airports, with a significant presence at Haneda Airport.
Average Trading Volume: 391,213
Technical Sentiment Signal: Sell
Current Market Cap: Yen412.1B
Learn more about 9706 stock on TipRanks’ Stock Analysis page.