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BESTERRA shares plunge on disclosure of fatal crane dismantling accident in Kawasaki◇

Thu Apr 9, 2026 1:48 pm JST Catalyst

BESTERRA <1433> shares fell sharply after the company disclosed on the 9th that an accident had occurred at one of its equipment dismantling construction sites. The incident took place at approximately 4:17 p.m. on the 7th. During the dismantling of an unloader crane ? equipment used to load and unload raw materials such as iron ore and coal from vessels ? at a site in Kawasaki Ward, Kawasaki City, a cylindrical counterweight weighing approximately 400 tons fell roughly 35 meters along with a crushing heavy machine, resulting in three fatalities. One person remains missing and one was injured.

Prior to BESTERRA's disclosure, JFE Steel, a subsidiary of JFE Holdings <5411>, announced on the 8th that an accident had occurred during the dismantling of an unloader crane at its East Japan Works (Keihin district), work that had been commissioned to TOA <1885>. TOA also disclosed the accident on the same day. BESTERRA stated that the impact on its earnings remains unknown at this time, and that it will promptly disclose any material impact on its financial results should one be anticipated. The resulting uncertainty surrounding the earnings outlook appears to be weighing on the stock.

(Note) The "◇" symbol at the end of the title indicates that the article contains multiple stock issues.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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