The Daily Manila Shimbun


Kobe Steel scandal may widen as group has over 6,000 partners

October 16, 2017

TOKYO- Kobe Steel Ltd.'s data fraud scandal may ensnare more companies as the group does business with 6,123 companies in Japan, according to a Teikoku Databank Ltd. survey released Monday.

On Friday, Kobe Steel said its falsely certified products are believed to have been shipped to about 500 clients, while the company is continuing an investigation on the matter.

According to the survey, 3,430, or 56 percent, of the group's business partners are small firms whose annual sales are less than one billion yen. Jiji Press