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Yodogawa Steel Works Reports Minimal Impact from Ransomware Incident

Story Highlights
  • Yodogawa Steel Works’ subsidiary faced a ransomware attack but no legal violations were found.
  • The ransomware incident is expected to have negligible impact on business performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yodogawa Steel Works Reports Minimal Impact from Ransomware Incident

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Yodogawa Steel Works ( (JP:5451) ) just unveiled an update.

Yodogawa Steel Works reported that its Taiwanese subsidiary, Sheng Yu Steel Co., Ltd., was investigated following a ransomware attack. The investigation found no violations of local personal information protection laws, and the company confirmed no secondary damage. The incident is expected to have a negligible impact on the company’s business performance.

More about Yodogawa Steel Works

Yodogawa Steel Works, Ltd. is a company listed on the Tokyo Stock Exchange, operating primarily in the steel industry. It focuses on producing and distributing steel products, with a market presence that includes subsidiaries such as Sheng Yu Steel Co., Ltd. in Taiwan.

Average Trading Volume: 454,875

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen177.2B

For detailed information about 5451 stock, go to TipRanks’ Stock Analysis page.

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