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July 05, 2025
 

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TAKATA

Japan Times
BUSINESS
Sep 20, 2021
U.S. opens probe into 30 million vehicles over Takata air bag inflators
There have been at least 28 deaths worldwide, including 19 in the United States tied to faulty Takata inflators and more than 400 injuries.
Japan Times
BUSINESS / Companies
Aug 26, 2020
Honda Motor units to pay $85 million to settle U.S. states' probe over Takata air bags
Since 2008, Honda has recalled nearly 13 million U.S. vehicles equipped with Takata inflators, and has replaced more than 16 million inflators.
BUSINESS
Mar 2, 2019
Former Takata employees accused of insider trading
The Securities and Exchange Surveillance Commission has accused nine former employees of Takata Corp. of insider stock trading in connection with the firm's bankruptcy.
Japan Times
BUSINESS
Mar 21, 2018
U.S. senators to press carmakers and regulators on Takata air bag recall as 30 million vehicles yet to be repaired
A U.S. Senate panel on Tuesday will ask automakers and regulators why tens of millions of vehicles with faulty Takata air bag inflators remain on the road years after deaths prompted the largest auto safety recall in history.
Japan Times
BUSINESS / Companies
Mar 14, 2018
Brand recognition for Apple and Google plunges in poll as Amazon stays on top; Takata comes in last
Apple Inc. and Alphabet Inc.'s Google corporate brands dropped in an annual survey while Amazon.com Inc. maintained the top spot for the third consecutive year. Electric carmaker Telsa Inc. rocketed higher after sending a red Roadster into space.
Japan Times
BUSINESS
Feb 14, 2018
13 automakers to provide up to $130 million for Takata's U.S. settlement
A group of 13 automakers will contribute as much as $130 million to compensate those injured by faulty Takata Corp. air bag inflators as part of a deal to resolve the Japanese company's bankruptcy, a U.S. plaintiffs' attorney said.
BUSINESS / Companies
Jan 7, 2018
Takata recalls another 3.3 million air bags under U.S. order
Takata Corp., the parts supplier that filed for bankruptcy after sparking the largest recall in automotive history, called back 3.3 million additional air bags as part of a U.S. order that scheduled repairs for the potentially deadly devices over several years.
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.
BUSINESS / Companies
Nov 9, 2017
Takata creditors seek $30 billion, far more than firm can pay: court filing
Creditors of bankrupt Takata Corp. say the parts maker owes them more than $30 billion after the automotive industry's biggest recall over its faulty air bags — many times more than the company can repay, a court filing seen by Reuters shows.
Japan Times
BUSINESS / FOCUS
Oct 11, 2017
Scandals seen shredding Japan Inc.'s once revered image for quality
Kobe Steel Ltd. raises fresh concern about the integrity of Japanese manufacturers after disclosing it falsified data on aluminum used in products ranging from cars to bullet trains.
Japan Times
BUSINESS
Jul 24, 2017
Australian regulator probes recall of Takata air bag after Sydney man's death
Australia's consumer watchdog said on Monday it was investigating the recall of Takata Corp. vehicle air bags, a day after police said a man's death in a Sydney car crash could be linked to the faulty safety equipment.
Japan Times
BUSINESS / Companies
Jun 27, 2017
Shareholders express anger at Takata management
Air bags made by the firm, which filed for bankruptcy protection on Monday, have reportedly been linked to at least 17 deaths worldwide.
Japan Times
BUSINESS
Jun 27, 2017
Takata's new Chinese owner a big player in auto safety, looks to keep operations intact
Wang Jianfeng has been on an epic acquisition tear over the past decade, assembling a formidable auto parts empire in China with $4 billion in revenue.
Japan Times
BUSINESS / Companies
Jun 26, 2017
After global air bag recall, Takata files for bankruptcy in Japan and U.S.
Air bag maker Takata Corp., facing an estimated u00a51.7 trillion in liabilities, looks to restructure under the sponsorship of a U.S.-based and Chinese-owned company.
Japan Times
BUSINESS / Companies
Jun 25, 2017
Takata bankruptcy filing might put auto industry's biggest recall at risk
The expected bankruptcy of troubled air bag maker Takata Corp. isn't just a crisis for its employees and suppliers — it also throws a wild card into one of the most complicated recalls in automotive history.
BUSINESS
Apr 7, 2017
U.S. judge to name ex-FBI chief Mueller to oversee $1 billion in Takata restitution funds
A federal judge in Detroit said on Thursday he plans to name former FBI director Robert Mueller to oversee nearly $1 billion in Takata Corp. restitution funds as part of a U.S. Justice Department settlement.
BUSINESS / Companies
Feb 5, 2017
Chinese-owned Key Safety emerges as preferred bidder for air bag maker Takata
Key Safety Systems Inc. leads the bidding for Takata Corp., the embattled air bag maker searching for a buyer following the biggest safety recall in automotive history.
BUSINESS
Jan 25, 2017
Takata, carmakers sued by New Mexico over dangerous air bags
Takata Corp. and 15 automakers have been sued by New Mexico's attorney general for failing to protect consumers from exploding air bags.
Japan Times
BUSINESS
Jan 14, 2017
Takata to plead guilty, pay $1 billion U.S. penalty over air bag defects
Takata Corp. on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide.
COMMENTARY / Japan
Oct 17, 2016
Why hasn't the CEO of Takata Corp. been fired?
The longer Shigehisa Takada keeps his job, the more investors will roll eyes at claims Japan is 'open for business.'
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Toyoko Kids: The lonely street children of Tokyo
Many young people who feel neglected at home flock to the Toyoko area to find a community where they can fit in.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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