You Gotta Beef Wit Dat?
Posted: Fri Oct 13, 2017 8:21 pm
Kobe Steel may have faked data on metal, engines, tires
Customers have been informed about the issue, which has been resolved, Tokyo-based spokeswoman Eimi Hamano said, declining to provide details. Kobe Steel falsified quality certification data for steel wire used in auto engines and to strengthen tires, the Nikkei newspaper reported Friday.
The company’s disclosures had up until now dealt with aluminum, copper and iron ore products used in everything from cars to computer hard drives to Japan’s iconic bullet trains, although there haven’t been any reports of products being recalled or safety concerns raised.
The deepening scandal "suggests that this is company culture, not just the actions of a few rogue employees," said Alexander Robert Medd, managing director at Bucephalus Research Partnership in Hong Kong. The question to be resolved is "were they trying to save money or just unable to produce the right spec in the right quantities," he said.
Kobe revealed on Sunday that it had fudged data on the strength and durability of metals supplied to as many as 200 customers around the world, including Toyota Motor Corp., General Motors and space rocket-maker Mitsubishi Heavy Industries Ltd.