Kyushu Railway Company (JP:9142) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Kyushu Railway Company has established a third-party committee to investigate and address a recent safety incident involving its subsidiary JR Kyushu Jet Ferry, where a vessel’s flooding was not reported and warning sensors may have been tampered with. The company has voluntarily suspended the ferry’s operations and is working with independent experts to overhaul its safety assurance system and prevent future occurrences. They assure stakeholders that the incident’s impact on business performance is currently deemed insignificant.
For further insights into JP:9142 stock, check out TipRanks’ Stock Analysis page.