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July 12, 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.'
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
Chinese fighters came within 30 meters of Japanese spy aircraft, Tokyo says
A Chinese JH-7 fighter jet makes an near an Air Self-Defense Force YS-11EB surveillance aircraft over the East China Sea this week in this image released Thursday.
Air India crash report to offer peek into last seconds
Members of the Indian Army's engineering arm prepare to remove the wreckage of an Air India aircraft in Ahmedabad on June 14.
What Japanese politics could look like after Upper House election
Prime Minister Shigeru Ishiba, who heads the ruling Liberal Democratic Party (center) waves to attendees as he departs after delivering a campaign speech in Yokohama on Sunday.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.
Once a niche, anime is now mainstream content for Netflix and other streaming services
Though Netflix remains the dominant choice globally for anime viewers, Amazon Prime Video has also invested heavily in anime, steadily adding titles to their catalogue.
NGOs condemn rise in anti-immigrant rhetoric ahead of Upper House vote
Sanseito head Sohei Kamiya holds a board that reads "Japanese First" in Tokyo on July 2. In a joint statement on Tuesday, eight human rights nongovernmental organizations described the far-right party's stance as "hate speech."
Japanese dancers find a home abroad at Houston Ballet
“Giselle” lead Yuriko Kajiya (center), performing with Connor Walsh as Albrecht, is one of six Japanese dancers at Houston Ballet.
From the Abes to the Ohtanis: How siblings shape athletic development
Olympic judoka Uta Abe (second from left) and Hifumi Abe (second from right) with their brother Yuichiro (center) and their parents. “I’m always consciously trying to be a good older brother,” Yuichiro said.

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