Daily Management Review

Kobe Steel adds 9 more products to the falsification product-list scandal


10/13/2017


The scandal has ripplied through global companies who are now investigating their global supply chain to see how it impacts them.



On Friday, at a news conference in Japan, Kobe Steel’s CEO Hiroya Kawasaki disclosed, the company plans on paying the cost incurred by its customers in relation to the false certification of the data in its products.

The firm has not received any compensation requests, he added.

On Friday, Kobe Steel’s quality certification scandal took a turn for the worst with the firm announcing that it had indulged in “inappropriate actions”, including falsifying data, for nine additional products.
Kobe Steel, Japan’s third largest steelmaker, has supplied its products to nearly 500 companies


References:
reuters.com







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