Tag - kobe-steel-ltd

 
 

KOBE STEEL LTD

BUSINESS / Companies
Aug 1, 2018
Kobe Steel's April-June net profit halved after quality data scandal
Kobe Steel Ltd. said Wednesday its group net profit in the April-June quarter fell 49.4 percent from a year earlier to ¥12.66 billion ($113 million) due to the negative impact of a data falsification scandal.
BUSINESS
Jan 11, 2018
METI to increase fine for defying industrial standards to ¥100 million
The industry ministry plans to raise the maximum fine for failing to meet industrial standards to ¥100 million ($894,000), 100 times the current level, in light of the continuing string of product data scandals marring Japanese companies, officials said.
Japan Times
BUSINESS / Companies
Oct 30, 2017
Kobe Steel scraps earnings forecast as data scandal clouds outlook
The embattled steel maker acknowledges it can't predict how the scandal involving falsified product data will affect earnings in coming months.
Japan Times
BUSINESS / Companies
Oct 26, 2017
Kobe Steel loses JIS quality certification for some copper products
A key quality certification for some of Kobe Steel's copper and copper-alloy products has been revoked over the firm's data falsification scandal.
Japan Times
BUSINESS / Companies
Oct 17, 2017
U.S. demands Kobe Steel provide info on manipulated product data
The demand from the U.S. Justice Department comes as company sources said shady practices may have started more than 10 years ago.
Japan Times
BUSINESS / Companies
Oct 13, 2017
Kobe Steel scandal widens to 500 firms
Chairman says all business sections being probed, promises to shoulder clients' costs.
Japan Times
BUSINESS / Companies / ANALYSIS
Oct 13, 2017
Kobe Steel cheating scandal driven by competition to improve metals, especially for automakers
Behind the scandal engulfing Kobe Steel Ltd. over the falsification of data for some of the materials it supplied is a harsh reality for Japanese steel companies: the need to provide higher and higher quality metals to compete.
Japan Times
BUSINESS / Companies
Oct 12, 2017
Further wrongdoing may be found in data falsification probe of Kobe Steel
Kobe Steel Ltd.'s chairman and president said Thursday that further cases of misconduct by the nation's third-largest steel maker may emerge as part of the burgeoning scandal over its falsification of inspection data for iron powder, aluminum and copper, which has already affected automakers and airplane manufacturers.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
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