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IHI Corporation Investigates Subsidiary Misconduct
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IHI Corporation Investigates Subsidiary Misconduct

IHI (JP:7013) has released an update.

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IHI Corporation is currently addressing misconduct issues within two of its subsidiaries involving engine test run records and snowblower equipment tests. The investigation includes an interim report to the Ministry and ongoing review by a special committee, with a commitment to rectify the situation with affected customers. The financial implications of these issues are being evaluated and will be disclosed promptly.

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

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