Business / Corporate Sep 12, 2018

Three Mitsubishi Materials units indicted over data fabrication

Tokyo prosecutors said Wednesday they have indicted three subsidiaries of Mitsubishi Materials Corp. and the former presidents at two of the units over suspected product data fabrication. The subsidiaries — Mitsubishi Cable Industries Ltd., auto-parts manufacturer Diamet Corp. and Mitsubishi Aluminum Co. — allegedly violated ...

Business / Corporate Apr 3, 2018

Mitsubishi Materials exec who oversaw cover-up gets new job

The former president of a Mitsubishi Materials Corp. subsidiary who ordered a cover-up of falsified product-quality data is now working in a new position as a corporate adviser, company officials said Tuesday. Mutsumi Yasutake, the former president of wholly owned unit Diamet Corp., assumed the ...

The top business news stories of 2017

Business Dec 27, 2017

The top business news stories of 2017

The Japan Times newsroom selected these economy and technology stories as the most important of 2017. 1. Morass of data scandals: Kobe Steel Ltd., Mitsubishi Materials Corp. and Toray Industries Inc. were all swept up in data falsification scandals, damaging Japan's reputation for high-quality production. In ...