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Tsubaki Nakashima Co., Ltd ( (JP:6464) ) just unveiled an update.
Tsubaki Nakashima Co., Ltd. has announced the implementation of recurrence prevention measures following the discovery of improper conduct in quality inspections at its Koriyama plant. The Special Investigation Committee identified systemic issues, including outdated equipment and inadequate compliance awareness, leading to falsified data in the Linear Business sector. The company is committed to regaining trust by establishing a Quality & Compliance Committee and enhancing its quality assurance and compliance education programs.
More about Tsubaki Nakashima Co., Ltd
Tsubaki Nakashima Co., Ltd. operates in the manufacturing industry and is primarily engaged in the production of ball screws and other components within the Linear Business sector. The company is listed on the Tokyo Stock Exchange and focuses on delivering high-quality products to its customers, with a market focus that includes both domestic and international plants.
YTD Price Performance: -2.54%
Average Trading Volume: 397,886
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen18.67B
Learn more about 6464 stock on TipRanks’ Stock Analysis page.
