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Mitsubishi Materials Corp (5711.T)

5711.T on Tokyo Stock Exchange

3,365JPY
20 Apr 2018
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Tue, Feb 13 2018

Mitsubishi Materials cuts earnings forecast due to data cheating scandal

TOKYO Japan's Mitsubishi Materials Corp cut its annual operating profit forecast by 7 percent on Tuesday in the wake of a data cheating scandal, which it said had hurt its metals sales.

Mitsubishi Materials says push for market share led to data falsification

TOKYO Mitsubishi Materials Corp said on Thursday that a push to expand market share had driven a subsidiary to fake product specification, one of several compliance scandals that have come to light this year in a blow to the reputation of Japan Inc. | Video

Mitsubishi Materials says push for market share led to data falsification

TOKYO, Dec 28 Mitsubishi Materials Corp said on Thursday that a push to expand market share had driven a subsidiary to fake product specification, one of several compliance scandals that have come to light this year in a blow to the reputation of Japan Inc.

BRIEF-Mitsubishi Materials to hold news conference on falsified data

* to hold news conference at 0330 GMT on product data falsification Further company coverage: (Reporting by Ritsuko Ando)

Japan's Kansai Electric used possibly falsified Mitsubishi Materials products at reactors

TOKYO Japan's Kansai Electric Power Co said on Wednesday it has used parts in important safety equipment at two of its nuclear plants that were supplied by a unit of Mitsubishi Materials Corp with possibly falsified data.

UPDATE 2-Japan's Kansai Elec used possibly falsified Mitsubishi Materials products at reactors

* No immediate safety concerns, utility tells regulator (Adds detail, response from Mitsubishi Materials)

Mitsubishi Materials finds more products with falsified data

TOKYO Japan's Mitsubishi Materials Corp said it has found more cases of products shipped with possible falsified specifications as it investigates a widening data-fabrication scandal that has affected more than 300 of its customers.

UPDATE 2-Mitsubishi Materials finds more products with falsified data

* Impact of scandal to earnings unclear, company says (Adds details, quote)

Mitsubishi Materials says over 200 customers could be affected by data falsification

(This version of the story corrects company name and Reuters instrument code to Subaru Corp in third paragraph in story published on Nov. 24) | Video

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