The data fraud scandal exposed Kobe Steel Ltd.'s Kobe Steel Co., Ltd. under the name of Kobe Steel. Japan’s third-largest steel company Kobelco acknowledged for the first time on Thursday that the company’s senior officials were aware of the data fraud incident. An external investigator entrusted by Kobelco investigated the misconduct of the company’s employees and found that senior executives of the copper and aluminum divisions were aware of some of the data fraud activities. The three senior executives “are currently being dismissed from their duties because they are aware of some misconduct,†and Naoto Umehara, executive vice president of Kobelco, said at a press conference on Thursday that the company “will treat the current affairs seriously. Senior officials' knowledge." The copper and aluminum divisions of the three senior executives are the “central belts†of the Kobelco fraud. Executive Executive Directors Takumi Fujii and Nobuaki Isono, and Executive Director Seiji Hirata have all been removed from office. Although they still retain the title of Executive Director, they are no longer responsible for the previous business and are re-assigned as the Assistant Director of the Department of Aluminum and Copper Affairs. Obviously, Akira Kaneko, the executive vice president of Kobelco and head of the aluminum and copper division, had not previously received information on the data fraud from the above three senior executives. According to the Nikkei Asia Review’s report on the 21st, regarding the disciplinary decision of the relevant senior executives including the chairman and the president, Kobelco will wait until the full investigation report of the outside committee of the lawyer is made. The company said that the investigation will be postponed until the end of February next year, two months later than expected. On October 8th this year, Japan’s third-largest steel company Kobelco acknowledged fraud for more than 10 years. The list of affected companies has expanded from the initial 200 to more than 500 in a short span of a week, involving industries spanning automobiles and public transportation. In areas such as aerospace, defense, electronic IT, and energy, Japan's manufacturing industry has plunged its reputation. After the incident, Mr. Umehara stated that the factory “had pressure on the completion of the shipping target†and denied that there were violation instructions from the top of the headquarters. President Kawasaki denied that this was a "corporate culture." Subsequently, several former employees of Kobelco disclosed that the memorandum handed down from within the company details how to implement fraudulent actions and marks the scope of “safety†where products deviate from compliance standards without attracting attention. As the third largest steel company in Japan, Kobelco was established in September 1905 and has been in existence for more than 112 years. At present, many of the company's products have been revoked by the government in Japanese Industrial Standard (JIS) certification. At the same time, Kobelco has also become the subject of investigation by the US Department of Justice. Previously, the U.S. Department of Justice requested Kobelco to provide relevant information on products sold to U.S. customers that do not meet the agreed specifications. The European Aviation Safety Agency (EASA) has also advised companies engaged in the manufacture and maintenance of aircraft to stop buying from Kobelco as much as possible. Yoshitsugu Nishimura, communications manager of Kobelco, said at the press conference that since the company first contacted the U.S. Justice Department through lawyers, the two parties had made multiple contacts, but he refused to provide further details. As of mid-November, a total of 437 of 525 affected customers had confirmed that there was no safety issue in related products, and there were 88 unrecognized product safety. Kobelco has not received any recall request at present. The reputation of Japanese manufacturing industry is being intensively damaged. On November 23rd, Mitsubishi Materials Corporation, a subsidiary of Mitsubishi Group, Japan’s largest company, stated that in two and a half years, its three subsidiaries forged specifications data for customers’ products, involving aerospace, automotive, power, and industrial Other industries. As of the end of November, the number of customers affected has exceeded 300. Five days later, Japanese chemical giant Toray Industries disclosed that 149 cases of fraudulent quality data occurred between April 2008 and July 2016, and 13 non-compliance tire reinforcing materials and other products were supplied to 13 customers. . Virgin Bar,Puff Bar Cigarette,Air Bar Electronic Cigarette,Puff Bar E Cigarette KENNEDE ELECTRONICS MFG CO.,LTD. , https://www.axavape.com
February 05, 2023