NISSHA Ends Relationship with Subsidiary Involved in Misconduct

On the 4th, NISSHA announced that inappropriate accounting treatment had been discovered at the Vietnamese medical device maker it made a subsidiary in May, and transferred all of its shares to end its relationship with the company entirely.

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The story

On the 4th, NISSHA announced new information concerning its acquisition of the Vietnamese medical device maker as a subsidiary in May.

The company reported that inappropriate accounting treatment had been discovered at the subsidiary.

NISSHA transferred all of the shares it held to end the relationship.

At a glance

Announcement dateInformation officially announced on the 4th

Affected countriesVietnamese medical device maker

Making a SubsidiaryMade a subsidiary in May

Nature of the misconductInappropriate accounting treatment discovered

ResponseTransfer of all shares held

RelationshipEnd the relationship

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