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Kanadevia Corporation Addresses Inappropriate Conduct at Mukaishima Works

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Kanadevia Corporation Addresses Inappropriate Conduct at Mukaishima Works

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Hitachi Zosen Corporation ( (JP:7004) ) has issued an update.

Kanadevia Corporation has submitted an interim report to the Ministry of Land, Infrastructure, Transport and Tourism regarding inappropriate conduct at its Mukaishima Works. The company acknowledges the breach of trust caused by inadequate qualifications of welding operators but assures that safety is not significantly impacted. They are implementing preventive measures and conducting inspections to ensure the safety of bridges and structures.

The most recent analyst rating on (JP:7004) stock is a Buy with a Yen1264.00 price target. To see the full list of analyst forecasts on Hitachi Zosen Corporation stock, see the JP:7004 Stock Forecast page.

More about Hitachi Zosen Corporation

Average Trading Volume: 865,030

Technical Sentiment Signal: Buy

Current Market Cap: Yen191.6B

For a thorough assessment of 7004 stock, go to TipRanks’ Stock Analysis page.

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