Mitsubishi Materials shares fall after fake data scandal - Vigasapuwath 24x7

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Friday, November 24, 2017

Mitsubishi Materials shares fall after fake data scandal

Mitsubishi-logo-5Mitsubishi Materials, a division of one of Japan’s biggest conglomerates, saw shares fall by as much 11% on Friday after admitting to a quality scandal. Mitsubishi Materials said inspection data was falsified on parts used in aircraft, automobiles and industrial machinery, with potentially more than 250 customers affected. The firm said the impact of the […]

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