Mitsubishi Materials Corp (5711.T)
20 Apr 2018
Tue, Feb 13 2018
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.
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
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.
* to hold news conference at 0330 GMT on product data falsification Further company coverage: (Reporting by Ritsuko Ando)
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.
* No immediate safety concerns, utility tells regulator (Adds detail, response from Mitsubishi Materials)
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.
* Impact of scandal to earnings unclear, company says (Adds details, quote)
(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
CORRECTED-UPDATE 4-Mitsubishi Materials says over 200 customers could be affected by data falsification
* Mitsubishi Materials briefs on units falsifying product data