Oiles Corporation Faces Equipment Malfunction at Ashikaga Plant
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Oiles Corporation has reported a malfunction in performance testing equipment at its Ashikaga Plant, which has been non-operational since October 1, 2025. The company is exploring alternative testing methods and assessing the impact on product shipments and financial results, promising to disclose significant developments. Oiles, listed on the Tokyo Stock Exchange, specializes in seismic isolation and vibration control products, with a market cap of Yen68.66B and an average trading volume of 42,749 shares.
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