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Kyokuto Kaihatsu Kogyo Co., Ltd. ( (JP:7226) ) just unveiled an update.
Kyokuto Kaihatsu Kogyo Co., Ltd. and its subsidiary Nippon Trex Co., Ltd. have decided to file a lawsuit seeking cancellation and reduction of a surcharge payment order issued by the Japan Fair Trade Commission in connection with alleged violations of the Antimonopoly Act over the sale of truck “upper bodies.” While the group has expressed deep remorse, apologized to stakeholders, and pledged to reinforce compliance and internal controls to prevent recurrence, it disputes aspects of the fact-finding and legal interpretation behind the surcharge, which totals approximately ¥5.93 billion after a 30% reduction and is due by April 27, 2026, and will now pursue a fair judicial ruling that could affect its financial burden and its standing in Japan’s heavily regulated commercial vehicle components market.
The most recent analyst rating on (JP:7226) stock is a Hold with a Yen2713.00 price target. To see the full list of analyst forecasts on Kyokuto Kaihatsu Kogyo Co., Ltd. stock, see the JP:7226 Stock Forecast page.
More about Kyokuto Kaihatsu Kogyo Co., Ltd.
Kyokuto Kaihatsu Kogyo Co., Ltd. is a Japanese manufacturer in the automotive and industrial equipment sector, involved in the production and sale of truck and trailer components such as “upper bodies,” with its business conducted both directly and through subsidiaries including Nippon Trex Co., Ltd. The group serves commercial and logistics customers and operates under strict domestic competition and regulatory frameworks in Japan.
Average Trading Volume: 164,050
Technical Sentiment Signal: Buy
Current Market Cap: Yen112.3B
Find detailed analytics on 7226 stock on TipRanks’ Stock Analysis page.