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Kawasaki Heavy Industries Addresses Submarine Repair Misconduct

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Kawasaki Heavy Industries Addresses Submarine Repair Misconduct

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Kawasaki Heavy Industries ( (JP:7012) ) has shared an announcement.

Kawasaki Heavy Industries has identified misconduct in its submarine repair business, prompting a special investigation by Japan’s Ministry of Defense and an internal committee. In response, the company has revised its repair contract processes, restructured its defense operations, and taken disciplinary actions against involved personnel to prevent future misconduct and restore trust.

The most recent analyst rating on (JP:7012) stock is a Buy with a Yen12800.00 price target. To see the full list of analyst forecasts on Kawasaki Heavy Industries stock, see the JP:7012 Stock Forecast page.

More about Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. operates in the heavy industries sector, focusing on manufacturing products such as ships, rolling stock, aerospace equipment, and energy systems. The company also has a significant presence in the defense industry, particularly in submarine repairs.

Average Trading Volume: 10,369,439

Technical Sentiment Signal: Buy

Current Market Cap: Yen1788.5B

For a thorough assessment of 7012 stock, go to TipRanks’ Stock Analysis page.

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