Nichi-Iko Slashes Profitability Guidance As Supply Issues Drag On

‘Delay In Shipments Has Led To Generic Supply Problems In Japan’

Nichi-Iko has been forced to cut dramatically its core operating profit guidance for its 2022 financial year, as it continues to deal with the fallout of its previously deficient Namerikawa manufacturing facility in the Toyama prefecture.

Toyama City Skyline Japan
Pictured: The Toyama city skyline • Source: Alamy

More from Earnings

More from Business