Nichi-Iko Aims To Regroup As It Enters Turnaround Process
As Japanese Firm Registers Huge Financial Impairments And Fails To Meet Forecasts
Japan’s Nichi-Iko has formally entered a business turnaround alternative dispute resolution process that will see the company outline a business rehabilitation plan involving management restructuring and a fresh profit structure, following financial underperformance in the wake of recent quality issues.
