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Kanadevia Corporation Announces Disciplinary Actions for Misconduct

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Hitachi Zosen Corporation ( (JP:7004) ) has provided an update.

Kanadevia Corporation has announced disciplinary actions following inappropriate conduct within its Marine Engine Business and other sectors. The company has decided that several directors and corporate auditors, including President and CEO Michi Kuwahara, will return a portion of their monthly remuneration for a specified period, starting May 2025, as a measure to address the misconduct and reassure stakeholders.

More about Hitachi Zosen Corporation

YTD Price Performance: -5.57%

Average Trading Volume: 745,926

Technical Sentiment Signal: Buy

Current Market Cap: Yen153B

See more data about 7004 stock on TipRanks’ Stock Analysis page.

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