Tag - toyo-tire-rubber-co

 
 

TOYO TIRE RUBBER CO

JAPAN / Crime & Legal
Jul 8, 2016
Police quiz staff, ex-executive of Toyo Tire unit over data manipulation
The police questioned several people including employees and a former executive of a Toyo Tire & Rubber Co. subsidiary in connection with the shipment of products using substandard earthquake shock absorber material, investigative sources said Friday.
JAPAN / Crime & Legal
Mar 24, 2016
Police raid Toyo Tire's headquarters, eye criminal charges
Police raided the headquarters of Toyo Tire & Rubber Co., its subsidiary and two other relevant businesses for alleged fraudulent labeling in connection with a data falsification scandal, investigative sources said Thursday.
BUSINESS / Companies
Feb 15, 2016
Toyo Tire profit shaken down over building quake pads scandal
Toyo Tire & Rubber Co. group net profit plummeted 94.6 percent to ¥1.67 billion for 2015 after a massive special loss from its data falsification scandal clobbered profits, the company said Monday.
Japan Times
BUSINESS / Companies
Nov 12, 2015
Scandal-hit Toyo Tire's shareholders approve president's exit, new management
Toyo Tire & Rubber Co. shareholders on Thursday approved the resignation of President Takuji Yamamoto and the appointment of new management to win back public trust after revelations that substandard earthquake shock absorber pads were fitted to buildings.
JAPAN / Crime & Legal
Oct 30, 2015
Toyo Tire reveals 2,880 more tainted rubber products but slashes tally
Scandal-hit Toyo Tire & Rubber Co. said Friday another 2,880 units of its vibration-damping products used in trains are suspect because they were either not tested or based on falsified data.
Japan Times
BUSINESS
Oct 21, 2015
Season of scandal hits Japan with flurry of corporate confessions
Japan, which prides itself on maintaining propriety and order, has suddenly been hit by a spate of corporate scandals.
BUSINESS / Companies
Oct 14, 2015
Toyo Tire says rubber data manipulated; shares plunge
Toyo Tire & Rubber Co. said an internal probe found that it failed to test the quality of some rubber products and data was manipulated in other cases.
Japan Times
BUSINESS / Companies
Jun 23, 2015
Toyo Tire chairman, president to resign over product data falsification
Toyo Tire & Rubber Co.'s chairman of the board and company president will resign to take responsibility for data falsification that led to the installation of defective earthquake shock absorbers in 154 buildings.
JAPAN
Jun 18, 2015
Toyo Tire chairman, president likely to resign over shoddy quake products
Toyo Tire & Rubber Co. Chairman Akira Nobuki and President Takuji Yamamoto are considering resigning following a scandal in which the company installed substandard earthquake shock absorption devices in some buildings, sources said Thursday.
Japan Times
JAPAN
Apr 22, 2015
90 more buildings found using dodgy quake dampers from Toyo Tire
Toyo Tire & Rubber Co. confirmed Tuesday that 90 more buildings have been built with its substandard earthquake shock absorption devices, bringing the total to 145.
JAPAN
Mar 17, 2015
Toyo Tire told to speed up checks of substandard quake-absorbing materials
The infrastructure ministry calls on Toyo Tire & Rubber to report on substandard quake-absorbing building materials sold by a subsidiary.
BUSINESS / Companies
Nov 27, 2013
Toyo Tire will pay $120 million U.S. cartel fine
Toyo Tire & Rubber Co. has agreed to plead guilty and pay a $120 million fine for its role in price-fixing of automobile parts in the United States, the U.S. Justice Department said Tuesday.

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