Here's What Kobe Customers Are Saying on Falsified Data Scandal
Bucephalus' Medd Says Kobe Steel Shares May Suffer
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After Kobe Steel Co. said Sunday that it had falsified data related to strength and durability of some aluminum and copper products, customers including Toyota Motor Corp. and Mitsubishi Heavy Industries Ltd. said they are investigating the impact on safety of their products.
While Kobe Steel said the products were delivered to more than 200 companies, it didn’t disclose their names. According to data compiled by Bloomberg, customers that rank among the top 10 include Shinso Corp., Mitsubishi Corp., General Motors Co. and Ford Motor Co., Nissan Motor Co., Honda Motor Co. and Alconix Corp. It isn’t clear yet if all of them received materials linked to falsified data.