Japanese corporate security scandals spread manufacturing industry deep mud

Japanese companies have explored a series of security scandals at a time when Japanese manufacturers are struggling to cope with rising cost pressures, implementing stricter standards and intense competition, and have seen the highly respected production sites in the country.

October 24, 2017, Japan Moka, a worker through the corporate logo of Kobe Steel. REUTERS / Minami Funakoshi
The slump in the domestic market, coupled with competition from China and South Korea, has depressed the profits of manufacturing companies, so many factories have cut costs and reduced their employment for employees.

(7270.T) Friday also step on the Nissan Motor (7201.T) follow suit, admit that it did not comply with the correct car inspection procedures.

Earlier this month, Japan's third-largest steelmaker, Kobe Steel (5406.T), said its employees were tampering with product specifications for several years, which led several companies around the world to test their cars, aircraft, trains and electronics The security of the.

 

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