Toyo Tire books 30 bil. yen in special loss over substandard devices

Toyo Tire books 30 bil. yen in special loss over substandard devices

Takuji Yamamoto, president of Toyo Tire & Rubber Co., holds a press conference in Osaka on Aug. 10, 2015. The company said the same day it booked a special loss of 30.4 billion yen ($244 million) for the January to June period to cover costs to replace its substandard quake-absorbing devices. (Kyodo) ==Kyodo

  • Product Code
  • ILEA000074985
  • Registered date
  • 2015/8/10 11:55:56
  • Credit
  • Kyodo / Kyodo News Images
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  • 3814 × 2806 pixel
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  • 240 dpi
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  • 804.57(KB)*
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    Toyo Tire sold substandard earthquake shock absorption material

    Toyo Tire sold substandard earthquake shock absorption material

    Toyo Tire & Rubber Co. President Takuji Yamamoto holds a press conference in Osaka on March 13, 2015. Earlier in the day, the infrastructure ministry said Toyo Tire sold rubber that did not meet government requirements for absorbing earthquake shock, withdrawing its certification for the building material. (Kyodo) ==Kyodo