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May 08, 2024
 

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TAKATA

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 / 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
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.
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.
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.'
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.
BUSINESS / Companies
Oct 8, 2016
Takata hires U.S. law firm to help deal with planned sale; bankruptcy is an option
Takata Corp., whose defective air bag inflators triggered the biggest recall in auto industry history, hired law firm Weil Gotshal & Manges LLP to help it weigh options that could include bankruptcy or a sale, according to people with knowledge of the matter.
Japan Times
BUSINESS / Companies
Sep 27, 2016
Takata lifelines scrutinized by carmakers stuck in cost bind
Takata Corp. and some of the world's biggest carmakers face an extensive, expensive to-do list as they try to resolve the worst safety crisis in the auto industry's history.
BUSINESS
Sep 24, 2016
U.S. road safety body says hundreds of recalled Takata air bag parts ruptured in testing
Hundreds of Takata Corp. air bag inflators pulled from cars in the auto industry's biggest-ever recall later ruptured in testing, showing the potential risks to drivers.u2028
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 17, 2016
GM seeks one-year delay in recalling 980,000 Takata air bags, citing lower rupture risk
General Motors Co. is asking U.S. safety regulators to delay by a year the mandatory recall of almost 1 million vehicles with air bags made by Takata Corp., saying the designated models have not been shown to carry the same risk as others linked to deaths and injuries.
Japan Times
BUSINESS
Sep 16, 2016
Fiat Chrysler recalls 1.9 million cars over deadly defect that keeps air bags from deploying
Fiat Chrysler Automobiles NV said on Thursday it is recalling 1.9 million vehicles worldwide for an air bag defect linked to three deaths and five injuries.
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.
BUSINESS
Jul 20, 2016
Takata allegedly gave manipulated air bag test data to Honda
Japanese auto parts maker Takata Corp. manipulated air bag test data that it supplied to Honda Motor Co., sources said, citing a third-party investigation.
BUSINESS / Companies
Jul 6, 2016
Japanese woman drops criminal complaint against Takata over air bag injuries
A woman injured due to the rupture of a Takata Corp. air bag in a collision dropped her criminal complaint against the auto parts maker, as she apparently reached a settlement, investigative sources said Wednesday.
BUSINESS / Companies
Jul 6, 2016
Mazda recalls cars in China after regulator action on Takata air bags
Mazda Motor Corp.'s Chinese joint venture will recall 74,310 of its Mazda2 sedans in China to replace Takata Corp. air bags after an investigation by the country's safety regulator.
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.
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.
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.
Excitement returns to tourist spots in Japan one year on
On May 2, the streets of Arashiyama, a well-known tourist destination in Kyoto, were filled with tourists, including many from abroad, ahead of the four-day weekend.
After blockbuster boxing victory, what next for ‘Monster’ Inoue?
Naoya Inoue celebrates his victory over Luis Nery in their IBF-WBA-WBC-WBO super bantamweight title boxing match at Tokyo Dome on Monday.
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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