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IHI Corporation Addresses Subsidiary Misconduct
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IHI Corporation Addresses Subsidiary Misconduct

IHI (JP:7013) has released an update.

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IHI Corporation has completed an internal investigation into misconduct involving engine test records at its subsidiary IHI Power Systems Co., Ltd. An independent committee is further investigating the issue and will recommend preventative measures by September. IHI is assessing the impact of this incident on its financial results and will provide updates promptly.

For further insights into JP:7013 stock, check out TipRanks’ Stock Analysis page.

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