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May 08, 2024
 

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TAKATA

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 / 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
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
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 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 / FOCUS
Jun 26, 2017
Takata's future costs still unclear even after bankruptcy
While Takata Corp.'s bankruptcy filing appears to have it on course to someday regain financial stability, questions remain about the turnaround as the company still faces potential additional costs from recalls and litigation.
Japan Times
BUSINESS / Companies
Jun 26, 2017
Takata bankruptcy raises fears of impact on local suppliers, employees
Takata Corp. suppliers and employees expressed concerns on Monday following the embattled company's decision to file for bankruptcy protection amid a global recall of its defective air bag inflators.
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.
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
Jun 16, 2017
End of the road for Takata? Air bag maker may file for bankruptcy next week
Beleaguered air bag maker Takata, buried under liability claims linked to its defective inflators, is about to file for bankruptcy, sources say.
Japan Times
BUSINESS
Jun 15, 2017
Takata, Nissan officials face prosecution over Shizuoka air bag accident
Safety officials at Takata Corp. and Nissan Motor Co. will be referred to prosecutors on suspicion of professional negligence resulting in injury after a recalled air bag inflator in a Nissan vehicle ruptured in a collision in 2015, an investigative source said.
BUSINESS / Companies
May 10, 2017
Recall woes put Takata in red for third straight year
Struggling air bag maker Takata Corp. reported Wednesday a group net loss of ¥79.59 billion ($698.88 million) for the business year that ended March 31 — its third straight year in the red — against a backdrop of recall-related costs.
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
Mar 31, 2017
Toyota and four other automakers recall 1 million more vehicles with Takata air bags
Five carmakers including Toyota Motor Corp. are recalling an additional 1.04 million vehicles in Japan equipped with air bags made by Takata Corp., the transport ministry has said.
Japan Times
BUSINESS
Mar 30, 2017
Toyota, four other makers recall 1 million more cars in Japan with Takata air bags
Five carmakers including Toyota Motor Corp. are recalling an additional 1.04 million vehicles in Japan equipped with air bags made by Takata Corp., the transport ministry said Thursday.
BUSINESS / Companies
Feb 9, 2017
Takata plans to book ¥107.5 billion special loss for April-December period
Takata Corp. said Thursday it plans to book charges of ¥107.5 billion ($958 million) for the period from April to December due to the replacement of faulty air bags and a major U.S. fine.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Japan's labor crunch persists despite slight improvement
Over 300 companies went out of business in fiscal 2023 due to labor shortages, according to Teikoku Databank.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
How a Japanese scientist is turning the climate crisis into music
A screencap of a performance of Hiroto Nagai's “String Quartet No. 1 ‘Polar Energy Budget’” by the PRT Quartet
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
Pentagon reveals drone types for Replicator program to counter China
A U.S. Naval Special Warfare Operator fires a Switchblade 300 loitering munition during training exercises in Fallon, Nevada, last July. The U.S. Defense Department plans to use small drones — known in the Pentagon as “all-domain attritable autonomous systems” — to help counter Chinese military systems and tactics.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.

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