Nichi-Iko Suffers After Plant Closure

Emphasizes Five-Point Quality Control Plan As Profit Plummets

Japan’s Nichi-Iko has reported operating profit that has plummeted by more than 95% in its latest financial year, as the firm suffered a forced shutdown of once of its Japanese plants and also recognized a substantial impairment linked to its US Sagent business.

Japan Flag Graph Figures Downward Trend Numbers
Japan’s Nichi-Iko has seen its profits nosedive this year • Source: Alamy

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