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Hitachi Zosen Corporation ( (JP:7004) ) has provided an update.
Kanadevia Corporation has been dealing with inappropriate conduct in its marine engine business and other sectors. A Special Investigation Committee was established to address these issues, and the company has received the investigation results for businesses other than the marine engine sector. Despite the inappropriate conduct, the company assures stakeholders that there is no immediate impact on product safety and is committed to implementing measures to prevent recurrence and restore trust.
More about Hitachi Zosen Corporation
Average Trading Volume: 576,950
Technical Sentiment Signal: Buy
Current Market Cap: Yen159.3B
See more data about 7004 stock on TipRanks’ Stock Analysis page.