Tokai Riden (6995) continued to decline drastically. It has been announced that Toyota Motor Corporation has reported a recall to the Ministry of Land, Infrastructure, Transport and Tourism, etc. on the rear seat door handle opening switch for the Prius manufactured by the company. There seems to be a risk that a problem will occur with switches manufactured in the past. The company's estimated cost for this recall seems to be 11 billion yen. It is said that it will be reflected in financial results as operating expenses for the fiscal year ending 24/3. In addition to leading to factors leading to short-term deterioration in business performance, concerns about a decline in reliability are also being raised.
東海理電---大幅続落、プリウス向けスイッチのリコールを嫌気
Tokai Riden --- drastic decline, disgusted with Prius switch recalls
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