Bookmark?Remove? Mitsubishi plans $1.4 billion rescue for plant engineering firm… TOKYO (Reuters) – Japanese trading house Mitsubishi Corp and MUFG Bank plan to rescue plant engineering company Chiyoda Corp with a $1.4 billion lifeline, betting on a turnaround fueled by greater LNG demand, the Nikkei newspaper reported on Monday. Chiyoda, o... More »
Bookmark?Remove? Mitsubishi Materials shares drop after units falsify product data The building that houses the headquarters of Mitsubishi Materials Corp is seen in Tokyo, Japan, November 24, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Mitsubishi Materials Corp (5711.T) saw its stock fall as much as 11 percent on Friday after it said three su... More »
Bookmark?Remove? Mitsubishi Materials shares tumble after saying units falsified product data TOKYO (Reuters) – Shares of Mitsubishi Materials Corp (5711.T) fell as much as 11 percent on Friday after the company said its subsidiaries had falsified product data, the latest in a series of quality assurance scandals involving Japanese manufacturers. Mitsu... More »