National / Politics Nov 5, 2018
Mitsubishi Materials near to finalizing compensation fund for wartime forced labor in China
The fund represents the final hurdle in a settlement the company reached with Chinese claimants in June 2016.
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 ...
National Aug 23, 2018
Mitsubishi Materials units raided by prosecutors in product data fabrication probe
Prosecutors raided Mitsubishi Materials Corp. subsidiaries last month for alleged product data fabrication that violated a law preventing unfair competition, sources close to the matter said Thursday. The nonferrous metal giant is among a host of Japanese manufacturers mired in product data tampering scandals, including ...
Business / Corporate Jun 11, 2018
Mitsubishi Materials president to step down over data tampering scandal
Mitsubishi Materials Corp. said Monday its president, Akira Takeuchi, will step down to take responsibility for a slew of product quality falsifications at the nonferrous metal group. Takeuchi, 63, will become chairman without representation rights and will be replaced by Executive Vice President Naoki Ono, ...
Business / Corporate Apr 10, 2018
Ex-Mitsubishi Materials unit head to resign as adviser after one month
The ex-president of a scandal-hit unit of Mitsubishi Materials Corp. will step down as adviser only a month since assuming the post after he resigned from his former job for ordering a data falsification cover-up. Mutsumi Yasutake, the former chief of auto parts manufacturer Diamet ...
Business / Corporate Apr 3, 2018
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 ...
Business / Corporate Mar 28, 2018
by Kazuaki Nagata
According to a final report, Diamet Corp. neglected final product quality tests and modified specification data when they did not meet figures agreed upon with clients.
Business / Corporate Feb 8, 2018
Mitsubishi Materials reports more incidents of product data falsification at subsidiaries
Mitsubishi Materials Corp. said Thursday it has found more examples of product data falsification at three of its subsidiaries, in the latest in a series of data cheating scandals. Mitsubishi Aluminum Co., aluminum product maker Tachibana Metal Co. and automotive and industrial equipment parts maker ...
Business / Corporate Dec 28, 2017
Mitsubishi Materials unit hid misconduct to avoid compensation: report
A former president of a Mitsubishi Materials Corp. subsidiary knew data was being fabricated but kept shipping the products in fear of demands for redress, or bankruptcy.
Business Dec 27, 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 ...
Business | FOCUS Dec 22, 2017
In wake of recent scandals, Japan needs to restore trust of consumers with new corporate mindset
by Akiko Yasuhara
The recent spate of industrial scandals shaking Japan's leading firms underlines the need for top management to develop a whole new attitude toward consumers and manufacturing if companies want to recover public trust and restore the country's image for high-quality production. Revelations of data falsification ...
Business Dec 3, 2017
Abuse of irregular but authorized shipments said behind Japan's manufacturing scandals
Long-term abuse of a customary business practice is spotted in the data-faking scandals tainting Japan’s manufacturing industry.