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An update from Nitto Kohki Co., Ltd. ( (JP:6151) ) is now available.
Nitto Kohki Co., Ltd. has announced the completion of its recurrence prevention measures, which were formulated based on recommendations from a Special Investigation Committee. These measures include reviewing and improving cost accounting processes, limiting concurrent service roles, implementing job rotation, and enhancing inventory monitoring systems. The company aims to restore stakeholder trust by strengthening compliance and fostering a healthy organizational culture. The impact of these measures is expected to enhance the company’s internal controls and risk management, thereby improving its operational efficiency and industry positioning.
More about Nitto Kohki Co., Ltd.
Nitto Kohki Co., Ltd. operates in the manufacturing industry, specializing in the production of high-quality industrial tools, quick connect couplings, and linear motion systems. The company focuses on providing innovative solutions to enhance productivity and efficiency in various sectors, including automotive, construction, and medical industries.
Average Trading Volume: 23,064
Technical Sentiment Signal: Sell
Current Market Cap: Yen31.82B
For an in-depth examination of 6151 stock, go to TipRanks’ Overview page.