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Husband of victim in Malaysian airbag crash recalls ordeal

Husband of victim in Malaysian airbag crash recalls ordeal

SINGAPORE, Singapore - Welhelmo Rodriguez Caido speaks in an interview on Jan. 8, 2015, about how his wife Law Suk Leh was killed after a metal fragment from a defective Takata Corp. airbag hit her in the neck in a car accident in Borneo, Malaysia, in July 2014. Law died of massive bleeding at a hospital, where their baby daughter was delivered alive but died two days later.

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Ex-U.S. transport secretary urges Japan makers to be more globalized

Ex-U.S. transport secretary urges Japan makers to be more globalized

ANNAPOLIS, United States - Norman Mineta, former U.S. transport secretary and a special counsel at Japan's Takata Corp., speaks in a recent interview with Kyodo News in Annapolis, the United States. Mineta urged Japanese manufacturers to be more globalized so they can better address problems such as the recent recall campaign for Takata's defective automotive air bags.

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Car scrapping factory head shows Takata air bag parts

Car scrapping factory head shows Takata air bag parts

GIFU, Japan - Akihiro Wakayama, head of a factory for car scrapping company "hai-sya dot-com" in Seki, Gifu Prefecture, on Dec. 5, 2014, shows parts of an air bag made by Takata Corp. He said the air bag inflator exploded during the air bag-removal work of a Toyota car on Nov. 6, shattering the windshield.

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Auto parts maker Takata expects bigger loss

Auto parts maker Takata expects bigger loss

TOKYO, Japan - Yoichiro Nomura, chief financial officer of Japanese auto parts maker Takata Corp., briefs reporters on the prospects for the company's earnings results for the current fiscal year in Tokyo on Nov. 6, 2014. Nomura said Takata projects a consolidated net loss of 25 billion yen for the fiscal year as it raised its provision for product warranties following expanding recalls of its defective air bags.

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Takata chief to quit after recovery path found from recall woes

Takata chief to quit after recovery path found from recall woes

Photo taken April 2013 shows Takata Corp. Chairman Shigehisa Takada. The Japanese auto parts maker said on June 28, 2016, the number of deaths believed to have been caused by its ruptured air bag inflators stood at 15, with the number of related injuries exceeding 150 worldwide. (Kyodo) ==Kyodo

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Takata apologizes to shareholders over recall woes

Takata apologizes to shareholders over recall woes

Troubled air bag supplier Takata Corp. holds a shareholders' meeting in Tokyo on June 28, 2016. Takata's management apologized to shareholders and explained how it would deal with the recall crisis. (Kyodo) ==Kyodo

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Honda's FY 2015 profit drops 32% over Takata air bag debacle

Honda's FY 2015 profit drops 32% over Takata air bag debacle

Tetsuo Iwamura, executive vice president of Honda Motor Co., releases the company's earnings report for the business year ended in March 2016 at a press conference in Tokyo on May 13. Honda's net profit fell 32.4 percent as costs related to a recall of defective air bag inflators made by Takata Corp. offset solid sales in North America and Asia. (Kyodo) ==Kyodo

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Takata posts loss again amid global air bag recall

Takata posts loss again amid global air bag recall

Yoichiro Nomura, chief financial officer of Takata Corp., attends a press conference in Tokyo on May 11, 2016, on its fiscal 2015 earnings results. The troubled air bag maker posted a group net loss of 13.08 billion yen ($120.5 million), its second straight year of red ink, but expects to return to profitability in the year to March 2017. (Kyodo) ==Kyodo

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Takata to recall up to 40 mil. more air bag inflators in U.S.

Takata to recall up to 40 mil. more air bag inflators in U.S.

Mark Rosekind, administrator of the U.S. National Highway Traffic Safety Administration, announces in Washington on May 4, 2016, the safety regulator's order for Takata Corp. to recall up to 40 million more air bag inflators for fear of potentially deadly ruptures. The order brought the size of the Japanese auto parts supplier's global inflator recall to over 100 million units. (Kyodo) ==Kyodo

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Takata chief to step down over global air bag recall

Takata chief to step down over global air bag recall

Undated file photo shows Shigehisa Takada, president of Japan's Takata Corp. Takata, 49, is set to quit his post to take responsibility for the global recall of vehicles fitted with the company's air bag inflators, sources close to the matter said on Jan. 28, 2016. (Kyodo) ==Kyodo

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Honda chief dismisses support for troubled Takata amid air bag woes

Honda chief dismisses support for troubled Takata amid air bag woes

Honda Motor Co. President Takahiro Hachigo has an interview with Kyodo News in Tokyo on Dec. 2, 2015. Honda is not considering extending support to Takata Corp. hit by massive recalls of its faulty air bags, he said. (Kyodo) ==Kyodo

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Takata trims net profit outlook for FY 2015 amid air bag fiasco

Takata trims net profit outlook for FY 2015 amid air bag fiasco

Takata Corp. executives attend a press conference in Tokyo on Nov. 6, 2015, to announce earnings results for the six months ended Sept. 30. The company cut its group net profit outlook for fiscal 2015 after being hit by ballooning recall-related costs over its potentially faulty air bag inflators. (Kyodo) ==Kyodo

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U.S. agency fines Takata up to $200 million

U.S. agency fines Takata up to $200 million

Shigehisa Takada (C), president and CEO of Japanese parts supplier Takata Corp., and other company officials bow in apology during a press conference in Tokyo on Nov. 4, 2015. U.S. auto safety regulators announced earlier that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

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U.S. agency fines Takata up to $200 million

U.S. agency fines Takata up to $200 million

Shigehisa Takada, president and CEO of Japanese parts supplier Takata Corp., attends a press conference in Tokyo on Nov. 4, 2015, following the announcement by U.S. auto safety regulators that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

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U.S. agency fines Takata up to $200 million

U.S. agency fines Takata up to $200 million

Shigehisa Takada, president and CEO of Japanese parts supplier Takata Corp., attends a press conference in Tokyo on Nov. 4, 2015, following the announcement by U.S. auto safety regulators that it will fine the company up to $200 million (24.2 billion yen), accelerate the recall process to replace the company's faulty air bag inflators and order it to stop using an unstable chemical linked to the defect. (Kyodo) ==Kyodo

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New Toyoda Gosei head says car airbag checkup system introduced

New Toyoda Gosei head says car airbag checkup system introduced

New President Naoki Miyazaki of Toyota Gosei Co. speaks in an interview with Kyodo News in Nagoya on July 15, 2015. Miyazaki said the company has set up a checkup system to obviate the possible occurrence of faulty airbags in connection with a series of fatal accidents caused by exploding airbag inflators involving products of Japan's Takata Corp. (Kyodo) ==Kyodo

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Takata chief apologizes in 1st appearance since massive recalls

Takata chief apologizes in 1st appearance since massive recalls

Reporters raise their hands to question Shigehisa Takada (C), chairman and chief executive officer of Japan's troubled Takata Corp., during a press conference in Tokyo on June 25, 2015. Takada offered an apology over the company's defective air bags, making his first appearance since the crisis arising from its potentially deadly products deepened in 2014. (Kyodo) ==Kyodo

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Takata chief apologizes in 1st appearance since massive recalls

Takata chief apologizes in 1st appearance since massive recalls

Shigehisa Takada (C), chairman and chief executive officer of Japan's troubled Takata Corp., bows in apology during a press conference in Tokyo on June 25, 2015. Takada offered an apology over the company's defective air bags, making his first appearance since the crisis arising from its potentially deadly products deepened in 2014. (Kyodo) ==Kyodo

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Takata chief apologizes in 1st appearance since massive recalls

Takata chief apologizes in 1st appearance since massive recalls

Shigehisa Takada (C), chairman and chief executive officer of Japan's troubled Takata Corp., and the company's two other top officials attend a press conference in Tokyo on June 25, 2015. Takada offered an apology over the company's defective air bags, making his first appearance since the crisis arising from its potentially deadly products deepened in 2014. (Kyodo) ==Kyodo

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Takata chief apologizes in 1st appearance since massive recalls

Takata chief apologizes in 1st appearance since massive recalls

Shigehisa Takada, chairman and chief executive officer of Japan's troubled Takata Corp., listens to questions from a reporter during a press conference in Tokyo on June 25, 2015. Takada offered an apology over the company's defective air bags, making his first appearance since the crisis arising from its potentially deadly products deepened in 2014. (Kyodo) ==Kyodo

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Takata CEO attends press conference

Takata CEO attends press conference

Automotive parts maker Takata Corp. Chairman and CEO Shigehisa Takada (R) attends a press conference in Tokyo on June 25, 2015, at which he expressed his condolences over deaths linked to faulty air bags produced by the company. (Kyodo) ==Kyodo

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Takata CEO attends press conference

Takata CEO attends press conference

Automotive parts maker Takata Corp. Chairman and CEO Shigehisa Takada (C) bows in apology at a press conference in Tokyo on June 25, 2015, at which he expressed his condolences over deaths linked to faulty air bags produced by the company. (Kyodo) ==Kyodo

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Takata holds general shareholders' meeting

Takata holds general shareholders' meeting

Photo taken in Tokyo on June 25, 2015, shows the venue of the general shareholders' meeting of automotive parts maker Takata Corp. Some shareholders criticized the company over its handling of ruptures of its air bags. (Kyodo) ==Kyodo

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Takata holds general shareholders' meeting

Takata holds general shareholders' meeting

Photo taken in Tokyo on June 25, 2015, shows the venue of the general shareholders' meeting of automotive parts maker Takata Corp. Some shareholders criticized the company over its handling of ruptures of its air bags. (Kyodo) ==Kyodo

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Woman injured by Takata air bag attends press conference

Woman injured by Takata air bag attends press conference

Angelina Sujata (2nd from L), who was injured in an explosion of a Takata Corp. air bag, attends a press conference in Washington on June 2, 2015, seeking quick and appropriate recalls in faulty-product cases. (Kyodo) ==Kyodo

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Japan auto lobby chief voices concern over Takata air bag recalls

Japan auto lobby chief voices concern over Takata air bag recalls

Fumihiko Ike, chairman of the Japan Automobile Manufacturers Association, tells a press conference in Tokyo on May 21, 2015, he feels a strong sense of crisis about the expanding recalls related to Takata Corp. air bag inflators in Japan and the United States. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection amid air bag recall crisis

Takata files for bankruptcy protection amid air bag recall crisis

Takata Corp. Chairman and Chief Executive Officer Shigehisa Takada (L) and other executives bow in apology at a press conference in Tokyo on June 26, 2017, after the auto parts supplier announced it has filed for bankruptcy protection. Battered by a global recall of its defective automotive air bags, Takata's overall debt is estimated at over 1 trillion yen, marking the biggest-ever corporate failure by a Japanese manufacturer. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection amid air bag recall crisis

Takata files for bankruptcy protection amid air bag recall crisis

Takata Corp. Chairman and Chief Executive Officer Shigehisa Takada bows in apology at a press conference in Tokyo on June 26, 2017, after the auto parts supplier announced it has filed for bankruptcy protection. Battered by a global recall of its defective automotive air bags, Takata's overall debt is estimated at over 1 trillion yen, marking the biggest-ever corporate failure by a Japanese manufacturer. (Kyodo) ==Kyodo

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Takata eyes filing for bankruptcy protection soon

Takata eyes filing for bankruptcy protection soon

Photo taken June 16, 2017, shows the building housing the Tokyo headquarters of Japanese air bag maker Takata Corp. The company plans to file for bankruptcy protection, possibly on June 26, to address massive liabilities following a global recall of its air bags, sources close to the matter said June 22. (Kyodo) ==Kyodo

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Husband of victim in Malaysian airbag crash recalls ordeal

Husband of victim in Malaysian airbag crash recalls ordeal

SINGAPORE, Singapore - Welhelmo Rodriguez Caido speaks in an interview on Jan. 8, 2015, about how his wife Law Suk Leh was killed after a metal fragment from a defective Takata Corp. airbag hit her in the neck in a car accident in Borneo, Malaysia, in July 2014. Law died of massive bleeding at a hospital, where their baby daughter was delivered alive but died two days later. (Kyodo)

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Ex-U.S. transport secretary urges Japan makers to be more globalized

Ex-U.S. transport secretary urges Japan makers to be more globalized

ANNAPOLIS, United States - Norman Mineta, former U.S. transport secretary and a special counsel at Japan's Takata Corp., speaks in a recent interview with Kyodo News in Annapolis, the United States. Mineta urged Japanese manufacturers to be more globalized so they can better address problems such as the recent recall campaign for Takata's defective automotive air bags. (Kyodo)

  •  
Car scrapping factory head shows Takata air bag parts

Car scrapping factory head shows Takata air bag parts

GIFU, Japan - Akihiro Wakayama, head of a factory for car scrapping company "hai-sya dot-com" in Seki, Gifu Prefecture, on Dec. 5, 2014, shows parts of an air bag made by Takata Corp. He said the air bag inflator exploded during the air bag-removal work of a Toyota car on Nov. 6, shattering the windshield. (Kyodo)

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Auto parts maker Takata expects bigger loss

Auto parts maker Takata expects bigger loss

TOKYO, Japan - Yoichiro Nomura, chief financial officer of Japanese auto parts maker Takata Corp., briefs reporters on the prospects for the company's earnings results for the current fiscal year in Tokyo on Nov. 6, 2014. Nomura said Takata projects a consolidated net loss of 25 billion yen for the fiscal year as it raised its provision for product warranties following expanding recalls of its defective air bags. (Kyodo)

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Air bag maker Takata holds shareholders meeting

Air bag maker Takata holds shareholders meeting

Shareholders of air bag maker Takata Corp. gather for their general meeting in Tokyo on June 27, 2017, a day after the company announced that it has filed for bankruptcy protection and decided to sell its business to a U.S. rival. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection amid air bag recall crisis

Takata files for bankruptcy protection amid air bag recall crisis

Japanese Minister of Economy, Trade and Industry Hiroshige Seko (C) speaks to reporters in Tokyo on June 26, 2017, in response to Takata Corp.'s filing for bankruptcy protection. Seko said he has instructed ministry officials to set up a "safety net" for small- and mid-sized companies that could be affected by Takata's decision, which marks the biggest-ever corporate failure by a Japanese manufacturer. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection amid air bag recall crisis

Takata files for bankruptcy protection amid air bag recall crisis

Japanese Minister of Economy, Trade and Industry Hiroshige Seko speaks to reporters in Tokyo on June 26, 2017, in response to Takata Corp.'s filing for bankruptcy protection. Seko said he has instructed ministry officials to set up a "safety net" for small- and mid-sized companies that could be affected by Takata's decision, which marks the biggest-ever corporate failure by a Japanese manufacturer. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection amid air bag recall crisis

Takata files for bankruptcy protection amid air bag recall crisis

Japanese Minister of Economy, Trade and Industry Hiroshige Seko speaks to reporters in Tokyo on June 26, 2017, in response to Takata Corp.'s filing for bankruptcy protection. Seko said he has instructed ministry officials to set up a "safety net" for small- and mid-sized companies that could be affected by Takata's decision, which marks the biggest-ever corporate failure by a Japanese manufacturer. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection amid air bag recall crisis

Takata files for bankruptcy protection amid air bag recall crisis

Takata Corp. Chairman and Chief Executive Officer Shigehisa Takada attends a press conference in Tokyo on June 26, 2017, apologizing over the auto parts supplier's filing for bankruptcy protection. Battered by a global recall of its defective automotive air bags, Takata's overall debt is estimated at over 1 trillion yen, marking the biggest-ever corporate failure by a Japanese manufacturer. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection amid air bag recall crisis

Takata files for bankruptcy protection amid air bag recall crisis

Takata Corp. Chairman and Chief Executive Officer Shigehisa Takada attends a press conference in Tokyo on June 26, 2017, apologizing over the auto parts supplier's filing for bankruptcy protection. Battered by a global recall of its defective automotive air bags, Takata's overall debt is estimated at over 1 trillion yen, marking the biggest-ever corporate failure by a Japanese manufacturer. (Kyodo) ==Kyodo

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Takata shares to be delisted on July 27

Takata shares to be delisted on July 27

News of Takata Corp.'s filing for bankruptcy protection is displayed on a financial data board on a street in Tokyo on June 26, 2017. Tokyo Stock Exchange Inc. said shares of the air bag maker will be delisted on July 27 after the filing. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection

Takata files for bankruptcy protection

Photo taken June 26, 2017, shows Takata Corp.'s head office in Tokyo. The air bag maker filed for bankruptcy protection the same day. (Kyodo) ==Kyodo

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Takata files for bankruptcy protection

Takata files for bankruptcy protection

Photo taken in April 2013 shows Takata Corp Chairman Shigehisa Takada. The Japanese air bag maker filed for bankruptcy protection on June 26, 2017. (Kyodo) ==Kyodo

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Takata falls into red for 3rd straight year due to recall

Takata falls into red for 3rd straight year due to recall

Yoichiro Nomura, chief financial officer of Takata Corp., attends a press conference in Tokyo on May 10, 2017. The struggling air bag maker reported a group net loss of 79.59 billion yen ($698.88 million) for the business year ended March 31, its third straight year of red ink, against a backdrop of recall-related costs. (Kyodo) ==Kyodo

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