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KURABO INDUSTRIES LTD. ( (JP:3106) ) has shared an announcement.
Kurabo Industries Ltd. announced that a lawsuit has been filed against it by Sompo Japan Insurance Inc. for damages related to a fire at a logistics facility where Kurabo’s Chemical Products Division had conducted work. The lawsuit seeks damages under insurance subrogation, with the amount claimed totaling ¥3,660,498,560. The company is currently assessing the claims and potential financial impact, with no clear outcome at this time.
More about KURABO INDUSTRIES LTD.
Kurabo Industries Ltd. operates in the chemical products industry, focusing on providing heat-insulating work among other services. The company is listed on the Tokyo Stock Exchange’s Prime Market.
Average Trading Volume: 63,224
Technical Sentiment Signal: Buy
Current Market Cap: Yen120.6B
Find detailed analytics on 3106 stock on TipRanks’ Stock Analysis page.