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Nichirei Corporation Implements Measures to Prevent Misconduct Recurrence

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Nichirei Corporation ( (JP:2871) ) has provided an announcement.

Nichirei Corporation has announced measures to prevent recurrence of misconduct at its Chinese subsidiary, following an investigation into governance deficiencies and management issues. The company plans to enhance governance and internal controls, clarify executive appointment criteria, and strengthen management involvement to restore trust and ensure compliance across its operations.

More about Nichirei Corporation

Nichirei Corporation operates in the food industry, primarily focusing on processed foods, logistics, and biosciences. The company is listed on the Tokyo Stock Exchange and is known for its commitment to quality and innovation in food production and distribution.

YTD Price Performance: -8.21%

Average Trading Volume: 116

Technical Sentiment Signal: Sell

Current Market Cap: €2.88B

For an in-depth examination of 2871 stock, go to TipRanks’ Stock Analysis page.

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