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July 16, 2024
 

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TAKATA

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.
Japan Times
BUSINESS / Companies
Jun 28, 2016
Takata chief says he'll quit after guiding air bag maker toward recovery
Takata Chairman Shigehisa Takada says he will step down from his post in response to the ongoing global recall of air bag inflators.
BUSINESS / Companies
Jun 24, 2016
Honda adds 147,900 more vehicles in Malaysia to Takata air bag recall
Honda Motor Co. is recalling a further 147,894 vehicles in Malaysia over potentially defective air bags made by Takata Corp. that have been linked to the deaths of more than a dozen people worldwide.
BUSINESS
Jun 4, 2016
Ministry starts visiting homes of Takata air bag users to promote recalls
The transport ministry in April began going to the homes of people who own vehicles equipped with potentially faulty Takata Corp. air bag inflators to accelerate repairs, ministry sources said Saturday.
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
May 28, 2016
Eight carmakers recall 12 million vehicles in U.S. over faulty Takata air bags
Eight automakers are recalling an additional 12 million vehicles in the United States to replace potentially faulty front passenger air bag inflators made by Takata Corp., the U.S. road safety regulator said Friday.
BUSINESS / Companies
May 14, 2016
Honda's net profit drops 32 percent over Takata air bag debacle
Honda Motor Co. said Friday its net profit fell 32.4 percent in the business year ended in March, as costs related to a recall of defective air bag inflators made by Takata Corp. offset solid sales in North America and Asia.
Japan Times
BUSINESS
May 10, 2016
Five million new Takata recalls ordered in Japan
The transport ministry has ordered the nation's automakers to make further recalls of vehicles fitted with Takata Corp. air bag inflators of the kind being replaced in the United States, ministry officials said Tuesday.
Japan Times
BUSINESS / Companies
May 5, 2016
Takata's survival gets harder due to Malaysian deaths, expanded recall in U.S.
Two deaths in Malaysia are linked to ruptured air bag inflators made by Takata Corp. It is also working to comply with a U.S. order to expand a record recall.
BUSINESS / Companies
May 2, 2016
Takata to log extra ¥20 billion loss over air bag recalls
Takata Corp. said Monday it will book an additional special loss of around ¥20 billion ($188 million) for the year ended March due to costs related to the global recall of its potentially lethal air bag inflators.
BUSINESS
Apr 30, 2016
Vehicles subject to Takata air bag recall may jump to 100 million units globally
More than 100 million vehicles are likely to be subject to global recalls linked to faulty air bags made by Takata Corp., up from the current 60 million units, sources close to the matter said Friday.
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.
BUSINESS / Companies
Feb 19, 2016
Mazda, MMC expand Takata-linked recalls by 2 million vehicles
Mazda Motor Corp. and Mitsubishi Motors Corp. added more than 2 million vehicles to worldwide recalls linked to Takata Corp. air bags in response to the latest confirmed death caused by rupturing safety devices.
BUSINESS / Companies
Feb 18, 2016
Takata may consolidate European plant air bag output, cut jobs abroad
Takata Corp. may consolidate its air bag production in Europe and cut jobs overseas under restructuring to recover from a global recall crisis involving its faulty inflators, sources said Wednesday.
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.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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