Takata Falls Most in Three Weeks as Honda Says It Won’t Help
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Takata Corp., the maker of air bags that led to millions of vehicle recalls by global carmakers, fell the most in three weeks after Honda Motor Co., its biggest customer, said it wouldn’t provide financial help.
The parts maker dropped 5.4 percent, its biggest decline since Jan. 26, to 1,321 yen as of the close in Tokyo. Japan’s benchmark Topix index gained 0.7 percent.