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SENKO Group Addresses Fraud Investigation Findings

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SENKO Group Addresses Fraud Investigation Findings

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SENKO Group Holdings Co.Ltd. ( (JP:9069) ) has issued an announcement.

SENKO Group Holdings Co., Ltd. announced the receipt of an investigation report from its Internal Investigation Committee concerning allegations of improper conduct at its subsidiary, Minami Osaka Senko Transport Co., Ltd. The investigation uncovered fraud amounting to 367 million yen, but the impact on the company’s financial statements is considered limited, and no revisions to previous reports are necessary. The company is committed to implementing preventive measures to avoid future occurrences.

The most recent analyst rating on (JP:9069) stock is a Hold with a Yen2218.00 price target. To see the full list of analyst forecasts on SENKO Group Holdings Co.Ltd. stock, see the JP:9069 Stock Forecast page.

More about SENKO Group Holdings Co.Ltd.

SENKO Group Holdings Co., Ltd. operates in the logistics and transportation industry, providing services primarily through its subsidiary companies. The company focuses on delivering efficient transport solutions and has a market presence in Japan, listed on the Tokyo Stock Exchange Prime Market.

Average Trading Volume: 321,160

Technical Sentiment Signal: Buy

Current Market Cap: Yen339.9B

For detailed information about 9069 stock, go to TipRanks’ Stock Analysis page.

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