Japan quake shock absorber maker: products may have been used nationwide

Record ID: 1361131

  • Title: Japan quake shock absorber maker: products may have been used nationwide
  • Date: 19th October 2018
  • Summary: TOKYO, JAPAN (OCTOBER 19, 2018) (REUTERS) ****WARNING CONTAINS FLASH PHOTOGRAPHY*** KYB CORP. SENIOR MANAGING EXECUTIVE OFFICER, KEISUKE SAITO (RIGHT) AND KAYABA SYSTEM MACHINERY CO. PRESIDENT, SHIGEAKI SAITO (LEFT), ENTERING NEWS CONFERENCE ROOM (SOUNDBITE) (Japanese) KYB SENIOR MANAGING DIRECTOR, KEISUKE SAITO, SAYING AND THEN BOWING: "We would like to apologise for this
  • Embargoed: 2nd November 2018 11:26
  • Keywords: KYB Corp earthquake Tokyo 2020 Olympics the Ministry of Land Infrastructure Transport and Tourism data falsification Tokyo governor
  • Location: TOKYO AND YOKOHAMA, JAPAN
  • City: TOKYO AND YOKOHAMA, JAPAN
  • Country: Japan
  • Topics: Company News Markets,Economic Events,Sport
  • Reuters ID: LVA00192QCKED
  • Aspect Ratio: 16:9
  • Story Text: A Japanese maker of earthquake shock absorbers said on Friday (October 19) that at least 70 buildings across the country may have used its products for which quality data was falsified and that nearly 1,000 are suspected of having done so.
    KYB Corp. said this week it had falsified data on the quality of some of its earthquake shock absorbers since at least 2003 in one of the world's most quake-prone nations, the latest in a series of compliance scandals that has shaken confidence in Japan's manufacturing prowess.
    KYB released an initial list of buildings that may have used the products that might not have met safety standards, including government buildings such as the main Ministry of Finance building in Tokyo and several other central government structures.
    Media has reported that other buildings, including Tokyo's main train station as well as a major tourist site, may also have used the products.
    KYB officials, who bowed at the start of a news conference, said they had confirmed that 28 buildings had failed to meet government or customer standards and that nearly 1,000 may have been affected. The list of 70 suspected buildings included the government building housing the transport ministry, where the news conference was being held.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2018. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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