Nissan's Supplier Payment Cuts Draw Ire of Antitrust Regulator [BNN Bloomberg (Canada)]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
Company Research
Source: BNN Bloomberg
Nissan violated the Subcontract Act by targeting 36 tier-1 suppliers from January 2021 to April last year, according to the commission's findings. The Japanese company, though, said it refunded the amount to suppliers last Jan. 31. “Nissan has been paying less to the suppliers since even before Ghosn's era, but the company is unaware of the timing and that the act was illegal,” said Senior Subcontracts Inspector Yoshifumi Kanno during a press briefing in Tokyo, referring to Nissan's former Chairman Carlos Ghosn. The commission urged Nissan to conduct regular audits and training to prevent future violations, it said. The commission said it plans to spread awareness about the issue among Japan Automobile Manufacturers Association members after discovering similar violations at other automakers. Nissan, in a press release, said it “will strengthen its compliance system.” “Suppliers are often afraid to speak up about such violations for fear their trade contracts may get terminat
Show less
Read more
Impact Snapshot
Event Time:
NSANY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NSANY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NSANY alerts
High impacting NISSAN MOTOR LTD S/ADR news events
Weekly update
A roundup of the hottest topics
NSANY
News
- Nissan Formula E, 2nd Place on the Podium at Tokyo Home Race.PR Web
- Nissan Formula E, 2nd Place on the Podium at Tokyo Home Race. [Yahoo! Finance]Yahoo! Finance
- Infiniti Dials Up The Luxury, Starting With The 2025 Infiniti QX80 [Forbes]Forbes
- (Profile) Wallace State opens new welding facility, announces STEM facility [Yahoo! Finance]Yahoo! Finance
- Nissan (NSANY) to Launch 30 New Models Under The Arc Plan [Yahoo! Finance]Yahoo! Finance