Takata Posts Quarterly Profit Gain as Air-Bag Recalls Mount

  • Quarterly net income climbs on higher sales in U.S. and Asia
  • Automakers including Honda continue to expand air-bag recalls

Takata recorded 10.5 billion yen in recall-related costs in the nine months through December, the company said. It may recall driver-side air bags in cars made after 2014 depending on investigation results. Current recalls are on vehicles produced up to 2014.

Photographer: Peter Dazeley/Getty Images

Takata Corp., the air-bag supplier at the center of a global consumer safety crisis, reported quarterly profit rose from a year earlier, as it seeks to convince automakers including Honda Motor Co. to continue to support it through expanding recalls.

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