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Kobe Steel of Japan was fined 6 million RMB for tampering with quality inspection data.

2024-11-22 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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More than a year after the scandal of tampering with quality inspection data of Kobe Steel was revealed in October 2017, a Japanese court imposed a fine of 100m yen (6 million yuan) on Kobe Steel.

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On October 8, 2017, Kobe Steel officially announced that it had tampered with the strength and other performance data of some aluminum products and supplied them to the outside world, some of which began 10 years ago, and at least dozens of people, including managers, were involved in tampering with the data. is a collective misconduct. The incident involved products supplied to more than 600 companies inside and outside Japan. Kobe Steel systematically tampered with quality inspection certificates, involving Japanese companies such as Toyota, Nissan, Lexus, Subaru, Honda and Nissan.

Kobe Steel's regular profit and loss forecast for the 2018 fiscal year (which ended March 2019), released in February, is a loss of 4 billion yen (compared with a profit of 11.8 billion yen last fiscal year), double the loss forecast in October. In addition to the impact of data tampering, Kobe Steel downgraded its forecast because of a decline in sales of aluminum products used in semiconductor manufacturing equipment as a result of China's economic slowdown.

Japan's Kobe Steel Co., Ltd. was founded in 1905, officially entered the Chinese market in 2010, opened the Sheng Steel Welding equipment Co., Ltd. Kobe Steel is one of Japan's leading steelmakers and Japan's top supplier of aluminum and copper products. In 2007, the company produced 8.07 million tons of steel, ranking 39th in the world.

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