Mitsubishi Cable Industries Ltd., a subsidiary of Mitsubishi Materials Corp. (TYO:5711), has found that more customers could be affected by the company’s recently shipped non-conforming seal materials. Over a two-and-a-half-year period spanning from April 1, 2015 to Sept. 30, 2017, the Japanese manufacturer shipped non-conforming seal materials for applications such as packing and gaskets. The failure has been attributed to...
data falsification
Bridgestone: No Problems With Products From Toray Subsidiary Despite Faked Data
Bridgestone Corp. (TYO:5108) has issued a public statement that there are no performance problems with products supplied by Toray Industries Inc. (TYO:3402) subsidiary Toray Hybrid Cord Inc. (THC), which has admitted falsifying inspection data. THC recently announced that quality-related inspection data for tire cords, as well as for cords used in vehicle hoses and belts, had been falsified. The new...
Sumitomo Rubber Issues Statement on Kobe Steel Scandal, Impact on Products
Sumitomo Rubber Industries Ltd. (TYO:5110) has issued an announcement concerning the impact on its products as a result of the falsification of data by Kobe Steel Ltd. (TYO:5406). Sumitomo Rubber said that it does not purchase any parts directly from Kobe Steel, but it has discovered that the steel cord and bead wire used in its tires contain material from...