Japan Inc takes further hit as another firm admits to faked data

Tokyo

JAPAN'S reputation for manufacturing prowess took another hit as Mitsubishi Materials Corp admitted that it falsified data on some products just weeks after a similar scandal engulfed Kobe Steel Ltd.

Buyers of Japanese industrial goods from Boeing Co to Airbus SE were once again scrambling to confirm whether safety had been compromised after Mitsubishi Materials said three of its units had faked data on products that may have been delivered to more than 250 customers. Its shares plunged as much as 11 per cent in Tokyo, the most in 18 months.