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November 22, 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.
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.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

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