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Shinmaywa Industries ( (JP:7224) ) has shared an update.
ShinMaywa Industries and its subsidiary, Toho Car Corporation, were investigated by the Japan Fair Trade Commission for antitrust violations related to special purpose truck pricing. Although they cooperated with the investigation and ceased the violations prior to inspection, the Commission confirmed their involvement in the violations. Consequently, disciplinary actions were taken against responsible executives, and measures to prevent future occurrences were implemented.
The most recent analyst rating on (JP:7224) stock is a Buy with a Yen1913.00 price target. To see the full list of analyst forecasts on Shinmaywa Industries stock, see the JP:7224 Stock Forecast page.
More about Shinmaywa Industries
ShinMaywa Industries, Ltd. operates in the manufacturing industry, focusing on producing special purpose trucks, among other products. The company is listed on the Tokyo Stock Exchange and has a market presence in specialized vehicle manufacturing.
Average Trading Volume: 335,734
Technical Sentiment Signal: Buy
Current Market Cap: Yen121.5B
For an in-depth examination of 7224 stock, go to TipRanks’ Overview page.