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Kobe Steel under the gun after firm admits data falsification

Reuters Tuesday, 10 October 2017 ()
TOKYO (Reuters) - Investors looked set bail out of Kobe Steel Ltd on Tuesday, after Japan's third-biggest steelmaker revealed it had fabricated data to show its products met customer specifications in the latest scandal to rock corporate Japan.
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Source: Reuters Studio - < > Embed

News video: Kobe Steel's cheating engulfs more divisions

Kobe Steel's cheating engulfs more divisions 01:35

The crisis at Kobe widens as the Japanese firm admits it has also falsely labelled products from its steel divisions. As David Pollard reports, sources have told Reuters that Boeing is among Kobe clients to have used the falsely certified products.

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