MUFG lowered its investment rating on Nichirei, and the company’s earnings forecasts were reportedly cut. Nichirei shares subsequently showed movement. The report was published as DZH’s individual stock information.
A report released at 13:01 on 26 August said that MUFG had downgraded its investment rating on Nichirei <2871> and reported lower earnings forecasts.
The report said that Nichirei’s share price subsequently fell again.