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| Kobe Steel President Hiroya Kawasaki's resignation is a new blow to the reputation of Japan Inc after similar quality-control scandals hit industrial titans |
The head of
scandal-hit Japanese steelmaker Kobe Steel announced his resignation on Tuesday
after the firm submitted false strength and quality data for products shipped
to hundreds of clients worldwide.
Hiroya Kawasaki's
resignation was a new blow to the reputation of Japan Inc after similar
quality-control scandals hit industrial titans ranging from carmaker Nissan to
Mitsubishi Materials.
Kawasaki
has been in the job since 2013 and is due to step down next month. The firm has
not yet named a successor.
In a
long-awaited report into the scandal, the firm found that staff -- including
executives -- changed inspection data, or made up data, before shipping their
products.
"It
must be said that our company has deep-rooted problems in terms of the
corporate culture ... on top of an (insufficient) compliance regime," the
report said.
"During
the 112 years since our foundation, Kobe Steel has conducted its business by
valuing the trust of customers, clients, shareholders and other stakeholders.
"It is
to our extreme regret that we have lost that trust," added the report.
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