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August 15, 2024
 

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BAGS

Japan Times
BUSINESS / Companies
Jun 3, 2016
Bain, PAG Asia get in line for potential Takata purchase
Bain Capital and PAG Asia Capital are evaluating bids for Takata Corp., joining KKR & Co. among private equity firms with an interest in the Japanese air bag supplier behind a record safety recall, according to people familiar with the matter. Takata's shares surged.
Japan Times
BUSINESS
Jun 2, 2016
Four carmakers still installing defective Takata air bags: U.S. lawmaker
Toyota Motor Corp., Fiat Chrysler Automobiles NV, Volkswagen AG and Mitsubishi Motors Corp. are still selling new vehicles with defective air bags that will eventually need to be recalled, according to a report by a U.S. lawmaker overseeing the agency handling the largest-ever auto safety recall.
BUSINESS / Companies
May 31, 2016
Takata rules out bankruptcy, seeks angel investor: source
Takata Corp. has ruled out using bankruptcy as a way of mitigating liabilities from its record air bag recalls and is instead seeking buyers that could take a controlling stake and carry the company through its current crisis, according to a source with knowledge of the restructuring process.
Japan Times
BUSINESS / Companies
Mar 30, 2016
Takata said to put worst-case recall costs at $24 billion
A source familiar with the matter says Takata estimates a callback of its air bag inflators would total about u00a52.7 trillion.
BUSINESS / Companies
Mar 30, 2016
Honda and Takata's stealth air bag fix
In August 2009, after ruptured air bag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters.
BUSINESS / Companies
Mar 3, 2016
Toyota adds 331,200 more vehicles to recalls over Takata air bags
Toyota Motor Corp said Wednesday it is expanding by 331,200 cars worldwide its recall involving potentially defective Takata Corp. air bag parts.
Japan Times
BUSINESS / Companies
Feb 23, 2016
Up to 90 million more Takata air bag inflators may face U.S. recalls
U.S. auto safety regulators are examining whether an additional 70 million to 90 million Takata Corp. air bag inflators should be recalled because they may endanger drivers, according to a source with knowledge of the matter.
Japan Times
BUSINESS
Feb 16, 2016
Japan's Daicel and Britain's BAE target helicopter air bags for U.S. Army
Japanese air bag component maker Daicel Corp. and Britain's biggest defense firm, BAE Systems, are designing an air bag for military helicopters that they hope to sell to the U.S. Army.
Japan Times
BUSINESS / Markets
Feb 8, 2016
Nomura, Mizuho see Takata's distressed debt at bargain price
Takata Corp. may be embroiled in the biggest vehicle recall in U.S. history as its air bags have been linked to 11 deaths, but don't count it out as an investment, say credit analysts at Mizuho Securities Co. and Nomura Holdings Inc. who are recommending investors buy its bonds.
Japan Times
BUSINESS
Jan 26, 2016
Air bag maker Takata to meet with carmakers, gauge willingness for financial aid
Takata Corp., the air bag supplier behind the biggest-ever U.S. consumer safety recall, plans to detail its business outlook to major customers at a meeting this week so as to gauge how receptive they will be to extending financial aid, according to a person familiar with the matter.
BUSINESS
Nov 25, 2015
Toyota reissues recall for 1.6 million cars after Nissan air bag injury
Toyota Motor Corp. reissued a recall for 1.6 million cars in Japan over Takata Corp. air bags, after a component that was deemed to be safe ended up injuring a passenger last month in a Nissan Motor Co. vehicle.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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