Tsubaki Nakashima’s Quality Inspection Falsification and Investigation Update

An update from Tsubaki Nakashima Co., Ltd ( (JP:6464) ) is now available.

Tsubaki Nakashima Co., Ltd has disclosed improper conduct in the quality inspection process at its Koriyama plant, involving the falsification of measured values for ball screws in the linear business segment. A Special Investigation Committee, consisting of external attorneys, was established to investigate the issue, with the report now delayed until mid-February due to additional reviews. The company is assessing the business impact and commits to transparency by announcing any significant findings that may arise from the ongoing investigation.

More about Tsubaki Nakashima Co., Ltd

Tsubaki Nakashima Co., Ltd is a company listed on the Tokyo Stock Exchange, operating in the industrial manufacturing sector. It primarily focuses on the production of ball screws and other linear motion products, catering to a diverse range of industries requiring precision-engineered components.

YTD Price Performance: 1.06%

Average Trading Volume: 499,618

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen19.68B

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