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Kobe Steel"s cheating engulfs more divisions

The crisis at Kobe widens as the Japanese firm admits it has also falsely labelled products from its steel divisions. As David Pollard reports, sources have told Reuters that Boeing is among Kobe clients to have used the falsely certified products......»»

Category: videoSource: reutersOct 13th, 2017

Kobe Steel"s cheating engulfs more divisions; shares resume slide

TOKYO (Reuters) - Crisis-hit Kobe Steel Ltd said on Friday its steel division has also falsely labeled products, the latest in a string of revelations confirming widespread cheating at the firm that has engulfed its global customers......»»

Category: topSource: reutersOct 13th, 2017

As crisis at Kobe Steel deepens, CEO says cheating engulfs 500 firms

TOKYO (Reuters) - The cheating crisis engulfing Kobe Steel Ltd just got bigger......»»

Category: topSource: reutersOct 13th, 2017

Kobe steel blames profit focus, poor quality control for data scandal

No safety issues have so far been identified from the data cheating, which mainly involves falsely certifying the strength and durability of products.....»»

Category: topSource: business-standardNov 10th, 2017

Kobe Steel to announce causes of data cheating, CEO to brief

TOKYO (Reuters) - Kobe Steel Ltd said it would announce on Friday the results of an internal investigation into the causes of a data-cheating scandal that has rocked the Japanese steelmaker and affected hundreds of customers globally......»»

Category: topSource: reutersNov 9th, 2017

Kobe Steel executives to decide whether to resign after external probe: sources

TOKYO (Reuters) - Kobe Steel executives, including President Hiroya Kawasaki, will decide whether to resign to take responsibility for a cheating scandal after receiving a report from independent investigators, sources told Reuters......»»

Category: topSource: reutersNov 5th, 2017

Kobe Steel plant under inspection: transport minister

TOKYO (Reuters) - One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is under inspection, Japan's transport minister said on Tuesday......»»

Category: topSource: reutersOct 23rd, 2017

Kobe Steel plant is under inspection by Japan ministry: Kyodo

TOKYO (Reuters) - One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is being inspected by Japan's transport ministry, Kyodo News reported on Tuesday......»»

Category: topSource: reutersOct 23rd, 2017

Europe aviation agency advises suspending use of Kobe Steel products

PARIS (Reuters) - Europe's aviation regulator has advised aircraft manufacturers to suspend using parts from Kobe Steel until their legitimacy can be proved, following revelations about data cheating at the Japanese company......»»

Category: topSource: reutersOct 18th, 2017

Japan"s Kobe Steel has been selling questionable products to airplane manufacturers, others for more than 10 years

松岡明芳 via Wikimedia Commons TOKYO (Reuters) - When cheating becomes habitual, the consequences could be co.....»»

Category: topSource: businessinsiderOct 17th, 2017

Habitual cheat: Kobe Steel faked product data for more than 10 years - source

TOKYO (Reuters) - When cheating becomes habitual, the consequences could be costly......»»

Category: topSource: reutersOct 17th, 2017

Kobe Steel shares hit near five-year lows as cheating scandal raises financial risks

TOKYO (Reuters) - Just .....»»

Category: topSource: reutersOct 16th, 2017

Kobe Steel shares tumble to near five-year low as cheating crisis deepens

TOKYO (Reuters) - Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese steelmaker ensnared hundreds of firms and left investors fearing for the financial and legal fallout......»»

Category: topSource: reutersOct 15th, 2017

Kobe Steel CEO says data-cheating may have spread beyond Japan as government orders probe

General Motors, Toyota, Boeing and other companies are investigating after Kobe Steel admitted to fabricating data......»»

Category: topSource: foxnewsOct 12th, 2017

Data cheating scandal at Japan"s Kobe Steel sets off safety scare

Japan's third-largest steelmaker is in crisis mode as a ballooning scandal over the quality of its products throws into question the safety of countless products from cars to space rockets. Ryan Brooks reports......»»

Category: videoSource: reutersOct 12th, 2017

Kobe Steel CEO says data-cheating may have spread beyond Japan as government orders probe

TOKYO (Reute.....»»

Category: topSource: reutersOct 12th, 2017

General Motors checking impact of Kobe Steel data cheating

DETROIT/TOKYO (Reuters) - General Motors is checking whether its cars contain falsely certified parts or components sourced from Japan's Kobe Steel.....»»

Category: topSource: reutersOct 11th, 2017

General Motors checking impact of Kobe Steel data cheating: Kyodo

TOKYO (Reuters) - General Motors [GM.N] is checking whether its cars contain falsely certified parts or components sourced from Japan's Kobe Steel , Kyodo News reported on Thursday, the latest major automaker to be dragged into the cheating scandal......»»

Category: topSource: reutersOct 11th, 2017

Kansai Electric, Kyushu Electric delay nuclear plant restarts for Kobe Steel checks

TOKYO (Reuters) - Two Japanese nuclear operators said on Thursday they will delay the restart of nuclear plants to check whether they have received compromised parts from Kobe Steel Ltd , which has admitted to widespread fabrication of data on products......»»

Category: topSource: reutersNov 30th, 2017

Another One: Japan"s "Fake Data" Scandal Hits Mitsubishi Materials

So Kobe Steel was not an isolated incident and faking data on manufacturing quality in Japan is quite common, as other lower profile scandals at Nissan Motor and Takata.....»»

Category: blogSource: zerohedgeNov 24th, 2017

Japan Inc."s prowess tarnished as Mitsubishi admits faked data

Japan’s reputation for manufacturing prowess took another hit as Mitsubishi Materials Corp. admitted it faked data on some products just weeks after a similar scandal engulfed Kobe Steel Ltd......»»

Category: topSource: moneycentralNov 23rd, 2017