Kobe Steel Ltd (5406.T)
21 Nov 2017
TOKYO Japan's transport ministry said on Friday it has ordered scandal-hit Kobe Steel Ltd to improve management at one of its plants, as it struggles to restore confidence in its manufacturing following revelations of data falsification.
TOKYO, Nov 17 Japan's transport ministry said on Friday it has ordered scandal-hit Kobe Steel Ltd to improve management at one of its plants, as it struggles to restore confidence in its manufacturing following revelations of data falsification.
TOKYO The Kobe Steel plant at the center of a data-falsification scandal that has shaken supply chains around the world has been stripped of all its industrial quality certifications, the Japanese government said on Wednesday.
* International standard also removed from Hatano plant (Adds Kobe Steel comments and details)
Nov 15 Japan Quality Assurance Organization said:
TOKYO, Nov 15 A unit of Kobe Steel is set to lose all of its Japan Industrial Standards (JIS) certifications at its Hatano plant, including one already revoked last month, the Nikkei reported on Wednesday.
TOKYO Japan's aluminum industry may consider crafting sector-wide quality assurance guidelines if it gets requests from member companies to do so in the wake of the data fabrication scandal that has engulfed Japan's Kobe Steel Ltd, the head of Japan's aluminum industry association said on Monday.
Nov 13 Mizuho Financial Group Inc Chief Executive Yasuhiro Sato said:
TOKYO Kobe Steel Ltd said on Friday a lack of quality controls and a focus on profits was behind the widespread data tampering that has shaken up the supply chains of car and plane makers around the world. | Video
* Will increase automation, beef up quality checks (Adds comment from CEO and other company executives)