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...Hyoe Takata, associate professor at Fukushima University, said: “That’s why universities and other third-party institutions need to continue their analysis and disclose the data after the water’s release...
...Toyota, Nissan, Hitachi and Takata have also incubated them. Jaded investors are inured to cover-ups that go wrong....
...A US company, Joyson Safety Systems, was formed with Takata’s assets and Mr Winkelman’s team negotiated a minimal rollover of Takata’s liabilities....
...On Friday, however, we learnt Tesla is to recall 14,000 Model S cars in China over faulty Takata airbags. No special treatment when it comes to that sort of thing then....
...A rundown of the latest headlines looks like this: Tesla to recall 14,000 Model S cars in China over faulty Takata airbags.Grimes and Azealia Banks Subpoenaed in Elon Musk Tesla Lawsuit.SpaceX Layoffs Include...
...There have also been several high-profile scandals involving Japanese businesses, including at Toshiba, the technology conglomerate, Olympus, the optical equipment maker, and Takata, the car-component manufacturer...
...In the case of Toshiba, it failed to win the assistance of the once-reliable Japan Inc to rescue the company from its financial crisis....
...Japan has had a string of disasters, from Kobe Steel (faked quality certification) to Nissan (unqualified vehicle testers), Takata (exploding airbags) and Toshiba (accounting scandal)....
...The picture of Japan Inc painted by Kobe may be bleak....
...death (Dentsu) — common elements of crisis across Japan Inc have become more obvious....
...It spawned a stampede of questions about the overall reliability of Japan Inc....
...Takata shares are down 43.3 per cent so far this year....
...Only Japanese airbag maker Takata is likely to be allowed to settle in stages, given its estimated $1bn bill. Rolls-Royce shareholders should be grateful that it was able to negotiate such terms....
...In the case of the massive recall of Takata-made airbags, the world’s top carmakers and the airbag manufacturer are debating about how to split the costs to repair the faulty airbags....
...But a deal is unlikely soon as some Japanese carmakers are opposed to handing over control of Takata to foreign owners....
...Shares in Takata and Toshiba halved last year as the former confirmed its products had caused motorist deaths and the latter admitted accounting fraud....
...Still, investor confidence may be low with Toyota bracing for its first profit decline in five years due to the stronger yen and growing costs to recall Takata-made airbags....
...Shares in Takata and Toshiba halved last year....
...Takata has about $750m in cash on its balance sheet, and about the same amount of debt....
...Takata has admitted that, in the event of an accident, the front passenger-side airbag inflators can rupture and spray shrapnel....
...Sales have disappointed in all of its key markets and the group is burdened with rising recall costs to fix Takata-made airbags....
...Two decades of deflation, warns Hajime Takata, chief economist at the Mizuho Research Institute, have left Japanese companies as “herbivores” focused on deleveraging and cost cutting, rather than the expansionary...
...The new leadership is the prime minister’s “dream team”, said Hajime Takata, chief economist at the Mizuho Research Institute, and one of seven advisers summoned by Mr Abe in January to recommend a new path...
...“The problem in Japan is one of sustainability,” says Hajime Takata, a strategist at Mizuho Securities. “The Greek situation is one that needs to be repaired within a month or two....
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