Japan’s Corporate Image Hit By Falsification Scandal: Poll

www.oann.com | 2/16/2016 | Staff
Omnista (Posted by) Level 3
TOKYO (Reuters) – Almost three-quarters of Japanese firms said the recent data falsification scandal involving KYB Corp, a maker of earthquake shock absorbers, has hurt Japan’s corporate image, a Reuters poll found, although few saw any impact on their businesses.

KYB last month admitted it had falsified data on the quality of some of its quake “dampers” since at least 2003, one of the latest compliance scandals that has shaken confidence in Japan’s manufacturing prowess.

Month - Hitachi - Chemical - Co - Tests

Earlier this month, Hitachi Chemical Co said it found improper tests were conducted on nearly 30 more products, after Kobe Steel Ltd and Toray Industries Inc admitted data falsification or other types of misconduct.

These cases have “badly damaged the value of ‘Made in Japan,'” a manager of a machinery maker wrote in the Reuters Corporate...
(Excerpt) Read more at: www.oann.com
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