Nissei ASB Machine Co,. Ltd.TSE: 6284

Notice Regarding Recent Media Coverage Concerning Proposed Plant Site in Japan

· Issued by Nissei ASB Machine Co,. Ltd. via TDnet

Filed with TSE · · 2 pages · English

Summary by 6ix AI

Nissei Asb Machine Co,. Ltd. issued a notice addressing recent media coverage regarding its proposed plant site in Japan, clarifying misconceptions about the freezing of the construction plan. The company asserts that the decision to freeze the plan is due to rising construction material costs and labor shortages, not a decline in demand for its products. Nissei Asb Machine continues to experience strong business performance and is expanding production capacity at its Indian plant to meet global demand. The company emphasizes that this decision will not affect its consolidated business performance for the current fiscal year.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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