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Nishikawa Rubber Co Ltd (5161.T)

5161.T on Tokyo Stock Exchange

18 Jan 2018
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¥19 (+0.76%)
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Latest Key Developments (Source: Significant Developments)

Nishikawa Rubber announces change of chairman and president
Friday, 12 May 2017 01:20am EDT 

May 12(Reuters) - Nishikawa Rubber Co Ltd <5161.T>:Says it appoints current president Masahiro Nishikawa as chairman of the board of the company.Says it appoints Yoshitomo Fukuoka as new president.Says effective June 27.  Full Article

Nishikawa Rubber's president to lower stake in co
Friday, 11 Nov 2016 12:06am EST 

Nishikawa Rubber Co Ltd <5161.T> :Says its top shareholder, president Masahiro Nishikawa's stake in co will be lowered to 7.3 percent down from 12.4 percent, effective Nov. 15.  Full Article

NISHIKAWA RUBBER CO LTD - Ex-exec of auto body sealing company pleads guilty to price fixing - Reuters News
Wednesday, 20 Apr 2016 11:48pm EDT 

NISHIKAWA RUBBER CO LTD:The former president of a U.S. joint venture of Nishikawa Rubber Co 5161.T pleaded guilty on Wednesday to fixing the prices of weather stripping and other auto body sealing products and was sentenced to 18 months in prison.- RTRS.The Justice Department said Keiji Kyomoto had been indicted in October 2015 for working with two other people to rig bids for auto body sealing products for cars made in the United States.He also agreed to pay a $20,000 fine. The department did not identify Kyomoto's former employer but he had previously been working for Nishikawa.The FBI said he was president of an unnamed joint venture that manufactured and sold automotive body sealing parts.The Justice Department and antitrust enforcers around the world have had a long-running investigation into price-fixing of auto parts. Thirty-eight companies and 58 executives have been charged as part of the investigation.  Full Article