tiprankstipranks
Trending News
More News >

Tokyo Sangyo Faces Monetary Penalty Recommendation for Reporting Discrepancies

Story Highlights
Tokyo Sangyo Faces Monetary Penalty Recommendation for Reporting Discrepancies

Don’t Miss TipRanks’ Half-Year Sale

Tokyo Sangyo Co., Ltd. ( (JP:8070) ) has issued an update.

Tokyo Sangyo Co., Ltd. has been recommended for an administrative monetary penalty of 17.5 million yen by the Securities and Exchange Surveillance Commission due to discrepancies in their financial reporting for previous fiscal years. The company is taking the recommendation seriously and plans to announce its response after receiving formal notification, while also apologizing for any inconvenience caused to stakeholders.

More about Tokyo Sangyo Co., Ltd.

Tokyo Sangyo Co., Ltd. operates in the industrial sector, primarily focusing on the distribution and sale of machinery and equipment. The company is listed on the TSE Prime Market and is involved in various industrial markets.

Average Trading Volume: 70,691

Technical Sentiment Signal: Buy

Current Market Cap: Yen20.53B

For a thorough assessment of 8070 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1