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May 01, 2024
 

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BAGS

BUSINESS / Companies
Jun 24, 2016
Honda adds 147,900 more vehicles in Malaysia to Takata air bag recall
Honda Motor Co. is recalling a further 147,894 vehicles in Malaysia over potentially defective air bags made by Takata Corp. that have been linked to the deaths of more than a dozen people worldwide.
JAPAN
Jun 21, 2016
Osaka 3-year-old killed by air bag deployment: police
The death of a 3-year-old girl caught up in a traffic accident in Osaka in February appears to have been caused by the vehicle's air bag, police said Tuesday.
Japan Times
BUSINESS / Companies
Jun 3, 2016
Bain, PAG Asia get in line for potential Takata purchase
Bain Capital and PAG Asia Capital are evaluating bids for Takata Corp., joining KKR & Co. among private equity firms with an interest in the Japanese air bag supplier behind a record safety recall, according to people familiar with the matter. Takata's shares surged.
Japan Times
BUSINESS
Jun 2, 2016
Four carmakers still installing defective Takata air bags: U.S. lawmaker
Toyota Motor Corp., Fiat Chrysler Automobiles NV, Volkswagen AG and Mitsubishi Motors Corp. are still selling new vehicles with defective air bags that will eventually need to be recalled, according to a report by a U.S. lawmaker overseeing the agency handling the largest-ever auto safety recall.
BUSINESS / Companies
May 31, 2016
Takata rules out bankruptcy, seeks angel investor: source
Takata Corp. has ruled out using bankruptcy as a way of mitigating liabilities from its record air bag recalls and is instead seeking buyers that could take a controlling stake and carry the company through its current crisis, according to a source with knowledge of the restructuring process.
Japan Times
BUSINESS / Companies
May 28, 2016
Eight carmakers recall 12 million vehicles in U.S. over faulty Takata air bags
Eight automakers are recalling an additional 12 million vehicles in the United States to replace potentially faulty front passenger air bag inflators made by Takata Corp., the U.S. road safety regulator said Friday.
BUSINESS / Companies
May 2, 2016
Takata to log extra ¥20 billion loss over air bag recalls
Takata Corp. said Monday it will book an additional special loss of around ¥20 billion ($188 million) for the year ended March due to costs related to the global recall of its potentially lethal air bag inflators.
BUSINESS
Apr 30, 2016
Vehicles subject to Takata air bag recall may jump to 100 million units globally
More than 100 million vehicles are likely to be subject to global recalls linked to faulty air bags made by Takata Corp., up from the current 60 million units, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Mar 30, 2016
Takata said to put worst-case recall costs at $24 billion
A source familiar with the matter says Takata estimates a callback of its air bag inflators would total about u00a52.7 trillion.
BUSINESS / Companies
Mar 30, 2016
Honda and Takata's stealth air bag fix
In August 2009, after ruptured air bag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters.
BUSINESS / Companies
Mar 3, 2016
Toyota adds 331,200 more vehicles to recalls over Takata air bags
Toyota Motor Corp said Wednesday it is expanding by 331,200 cars worldwide its recall involving potentially defective Takata Corp. air bag parts.
Japan Times
BUSINESS / Companies
Feb 23, 2016
Up to 90 million more Takata air bag inflators may face U.S. recalls
U.S. auto safety regulators are examining whether an additional 70 million to 90 million Takata Corp. air bag inflators should be recalled because they may endanger drivers, according to a source with knowledge of the matter.
Japan Times
BUSINESS
Feb 16, 2016
Japan's Daicel and Britain's BAE target helicopter air bags for U.S. Army
Japanese air bag component maker Daicel Corp. and Britain's biggest defense firm, BAE Systems, are designing an air bag for military helicopters that they hope to sell to the U.S. Army.
Japan Times
BUSINESS / Markets
Feb 8, 2016
Nomura, Mizuho see Takata's distressed debt at bargain price
Takata Corp. may be embroiled in the biggest vehicle recall in U.S. history as its air bags have been linked to 11 deaths, but don't count it out as an investment, say credit analysts at Mizuho Securities Co. and Nomura Holdings Inc. who are recommending investors buy its bonds.
Japan Times
BUSINESS / Companies
Feb 6, 2016
Takata asks automakers to shoulder portion of air bag recall costs
Auto parts maker Takata Corp., which is at the center of a global recall crisis over faulty air bags, has asked Japanese automakers to shoulder a portion of the recall costs, sources familiar with the matter said.
Japan Times
BUSINESS
Jan 26, 2016
Air bag maker Takata to meet with carmakers, gauge willingness for financial aid
Takata Corp., the air bag supplier behind the biggest-ever U.S. consumer safety recall, plans to detail its business outlook to major customers at a meeting this week so as to gauge how receptive they will be to extending financial aid, according to a person familiar with the matter.
Japan Times
BUSINESS
Jan 23, 2016
Takata air bag recalls expand after 10th death reported
Two additional recalls announced Friday cover 5 million cars with Takata Corp. air bag inflators and come after another death was linked to the devices.
BUSINESS / Companies
Dec 4, 2015
Honda not looking to aid Takata amid air bag woes, chief says
Honda Motor Co. is not considering extending support to Takata Corp. hit by massive recalls of its faulty air bags, the president of the Japanese automaker has said.
BUSINESS
Nov 25, 2015
Toyota reissues recall for 1.6 million cars after Nissan air bag injury
Toyota Motor Corp. reissued a recall for 1.6 million cars in Japan over Takata Corp. air bags, after a component that was deemed to be safe ended up injuring a passenger last month in a Nissan Motor Co. vehicle.
BUSINESS
Nov 17, 2015
Nissan reports first Takata air bag injury in Japan
Nissan Motor Co. has found that an air bag made by Takata Corp. ruptured abnormally and injured a passenger in a Nissan vehicle last month, the transport ministry said, announcing the first such case in Japan.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
Man, 28, arrested in Okinawa over burned bodies found in Tochigi
Hikaru Sasaki enters the Metropolitan Police Department's Osaki police station in Tokyo's Shinagawa Ward on Monday after being arrested on suspicion of disposing of two bodies found in Nasu, Tochigi Prefecture, earlier this month.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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