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April 19, 2024
 

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TAKATA CORP

Japan Times
BUSINESS
May 1, 2018
Takata whistleblower says warning to U.S. authorities over air bag flaws was his 'ethical duty'
In the first time he has spoken to Japanese media, the former engineering manager at Takata Corp. who alerted U.S. authorities to the risks of its air bag inflators said he did so out of a sense of professional and ethical duty.
Japan Times
BUSINESS / Companies
Jul 28, 2017
Fatal Florida crash last week may be linked to faulty Takata air bag inflator, Honda says
Honda Motor Co. said on Thursday that a Takata air bag inflator ruptured in a car crash last week in Florida in what could be the 19th death worldwide linked to faulty air bags recalled as part of the largest automotive safety campaign in history.
Japan Times
BUSINESS / Companies
Jul 17, 2017
Mazda to recall 19,000 vehicles in South Africa due to air bag safety concerns
Mazda Motor Corp. is recalling 19,000 cars in South Africa due to air bag safety concerns as the Japanese carmaker extends a global recall to cover a wider manufacturing period, its local unit said Monday.
Japan Times
BUSINESS / Companies
Jul 17, 2017
In Delaware courtroom, Takata's bankruptcy case to pit automakers against air bag injury victims
The global recall of Takata Corp.'s defective air bags widens, but legal experts said a bigger worry for car companies caught in the fallout is playing out in a U.S. courtroom
Japan Times
COMMENTARY / Japan
Jun 27, 2017
What Japan Inc. should learn from Takata
Now, as Tokyo sorts out the biggest failure in postwar Japanese manufacturing, it's all too possible its political and corporate cultures will learn little from 'Takatagate.'
JAPAN / Crime & Legal
Jun 16, 2017
Takata, Nissan officials referred to prosecutors over 2015 air bag incident
Police referred Takata Corp. and Nissan Motor Co. safety management officials to prosecutors on Friday on suspicion of professional negligence, in relation to a ruptured Takata air bag inflator that caused an injury in a 2015 car accident involving a Nissan vehicle.
Japan Times
BUSINESS / Companies
Jan 19, 2017
Takata bidders said to favor Japan bankruptcy; shares tumble
Bidders for troubled air bag maker Takata Corp. are leaning toward a court-mediated bankruptcy in Japan to shield them from liabilities, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Dec 9, 2016
Troubled Takata to exit posh Roppongi digs, move HQ to cheaper waterfront redevelopment district
Takata Corp. will move its head office from a posh building in an upscale Tokyo district to a redeveloped area to cut costs, as the troubled air-bag maker fights to survive the biggest recall in the auto industry's history.
BUSINESS / Companies
Nov 22, 2016
Takata sale said to progress with Autoliv, Key Safety in lead
Takata Corp. has homed in on bids from Autoliv Inc. and Key Safety Systems Inc. as the air bag maker behind the biggest auto safety recall ever progresses toward a final round of negotiating a sale, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Nov 4, 2016
Source says Takata's U.S. unit is considering filing for bankruptcy
The U.S. unit of Takata Corp. is considering filing for Chapter 11 protection under the federal bankruptcy code, a source close to the matter said Friday, a move apparently aimed at seeking a sponsor to help pay for the cost of the global recall of its air bag inflators that have been linked to at least 15 deaths worldwide.
BUSINESS / Companies
Oct 11, 2016
Takata considers bankruptcy for U.S. unit
Takata Corp. is considering bankruptcy protection for its U.S. unit, among other options, a person with knowledge of the matter said.
Japan Times
BUSINESS / Companies
Sep 20, 2016
Takata lines up bids despite uncosted liabilities
Embattled air bag supplier Takata Corp. is moving forward with an auction of the company as private-equity firms and car parts-makers line up offers.
Japan Times
BUSINESS / Companies
Sep 18, 2016
Embattled air bag maker Takata planning bidder shortlist by next month
Takata Corp., which is looking for a buyer, aims to shortlist two to three candidates by October.
BUSINESS / Companies
Sep 8, 2016
Honda recalls 670,000 vehicles loaded with Takata air bags in Japan
Honda Motor Co. said Thursday it is recalling an additional 668,816 cars in Japan in order to replace passenger-seat air bag inflators manufactured by auto parts maker Takata Corp.
Japan Times
BUSINESS / Companies
May 5, 2016
Takata's survival gets harder due to Malaysian deaths, expanded recall in U.S.
Two deaths in Malaysia are linked to ruptured air bag inflators made by Takata Corp. It is also working to comply with a U.S. order to expand a record recall.
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.
Japan Times
BUSINESS / Companies
Aug 21, 2015
Senators urge Takata to recall all cars with its air bags in U.S.
Two U.S. senators sent a letter Tuesday to embattled parts supplier Takata Corp., pressing the company to voluntarily recall all vehicles in the country installed with its air bags. The move follows a revelation this week that U.S. regulators are investigating an air bag rupture in a newer model car.
Japan Times
BUSINESS
Aug 21, 2015
Toyota to buy 13 million air-bag inflators from Takata rival
Toyota Motor Corp., in a bid to reduce its risk from potentially lethal air-bag inflators supplied by Takata Corp., will buy millions of them from smaller parts-maker Nippon Kayaku Co., people familiar with the matter said.
BUSINESS
Aug 13, 2015
Takata competitors making 68% of air bag inflator replacements
Takata Corp., the company whose faulty air bags are behind a record vehicle-safety recall, is depending on three of its key competitors to produce the majority of millions of replacement parts.
BUSINESS / Companies
Jul 8, 2015
Takata air bag deployed abnormally for first time in Japan: Nissan
Nissan Motor Co. said Wednesday an air bag made by Takata Corp. installed in one of its cars had deployed abnormally while the vehicle was on the road in Japan, the carmaker's first such case in the country.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
Why hasn't Japan moved to prop up the weak yen?
Finance Minister Shunichi Suzuki speaks to reporters in Tokyo on Tuesday.
Snake on a train: Discovery of serpent delays Tokyo-Nagoya shinkansen
A Tokaido shinkansen. It is unclear whether the snake was venomous or how it ended up on the train, and there was no injury or panic among passengers.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

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