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July 25, 2026
 

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KOBE STEEL

Overall net profit is expected to go down 42.9% from the previous year to ?200 billion at Nippon Steel, 18.4% to ?75 billion at JFE Holdings and 16.8% to ?100 billion at Kobe Steel.
BUSINESS / Companies
May 13, 2025
Three major Japan steelmakers say they expect profit falls in fiscal 2025
Overall net profit is expected to go down 42.9% from the previous year to ?200 billion at Nippon Steel, 18.4% to ?75 billion at JFE and 16.8% to ?100 billion at Kobe Steel.
BUSINESS
Jun 12, 2023
Major Japanese steelmakers face high bar for decarbonization
Carbon dioxide emissions from the steel industry account for roughly 50% of the total from the domestic industry sector.
Japan Times
BUSINESS
Aug 5, 2019
Highlighting industry¡¯s troubles, Kobe Steel¡¯s shares take huge hit
Kobe Steel Ltd. tumbled as much as 13 percent in Tokyo to hit the lowest level in almost seven years after Japan¡¯s third-biggest steelmaker swung to a first-quarter loss and warned that full-year profit will collapse.
Japan Times
COMMUNITY / Issues / LAW OF THE LAND
Oct 10, 2018
Japan demonstrates how too many rules can ruin governance
Culture of over-regulation helps explain the country¡¯s persistent problem with data falsification.
EDITORIALS
May 11, 2018
Get to the bottom of product data falsification
Corporate Japan¡¯s tarnished image can only be restored by thorough efforts to uncover the cause of the data falsifaction scandals and to ensure that they don¡¯t happen again.
Japan Times
BUSINESS / Companies
Apr 28, 2018
Kobe Steel posts first profit in three years despite data fraud scandal
Kobe Steel Ltd., Japan¡¯s third-biggest steel-maker, on Friday posted its first annual profit in three years, even after admitting to falsifying quality data, a scandal that affected hundreds of customers and hurt the country¡¯s reputation for manufacturing prowess.
Japan Times
BUSINESS / Companies
Mar 16, 2018
Kobe Steel¡¯s new CEO vows to restore damaged trust with program of reforms
Mitsugu Yamaguchi vows to rebuild corporate governance and culture at Japan¡¯s third-largest steel-maker when he starts work on April 1.
Japan Times
BUSINESS / Companies
Mar 6, 2018
Kobe Steel CEO steps down over data fabrication scandal
The move comes as the firm seeks to take responsibility for the brouhaha that dented the nation¡¯s once vaunted reputation for excellence.
BUSINESS
Dec 27, 2017
The top business news stories of 2017
The Japan Times newsroom selected these economy and technology stories as the most important of 2017.
BUSINESS / Companies
Dec 21, 2017
Kobe Steel says senior executives knew about data tampering
Kobe Steel Ltd., at the center of a data-falsification scandal that has shaken Japan¡¯s manufacturing industry, admitted for the first time that executives had been aware of the tampering and reassigned three senior officials.
Japan Times
BUSINESS / Companies / ANALYSIS
Dec 7, 2017
Kobe Steel scandal may open doors for rivals, spurned suitors
The worst product quality scandal in Kobe Steel Ltd.¡¯s 112-year history has reignited speculation it could be broken up for sale or merged with a rival.
BUSINESS
Dec 3, 2017
Abuse of irregular but authorized shipments said behind Japan¡¯s manufacturing scandals
Long-term abuse of a customary business practice is spotted in the data-faking scandals tainting Japan¡¯s manufacturing industry.
51³Ô¹ÏÍø
Nov 16, 2017
Nine reactors in Japan use products manufactured by steel maker that admitted faking quality data
Nine reactors at five nuclear power plants in Japan, including some currently in operation, have used products manufactured by the Kobe Steel Ltd. group which has admitted fabricating product quality data, it has been learned.
Japan Times
BUSINESS / Companies
Nov 5, 2017
Scandal-hit Kobe Steel has ¡®look the other way¡¯ culture, they say in its hometown
A retired Kobe Steel employee says the company¡¯s corporate culture was to look the other way even while you saw what was going on.
EDITORIALS
Nov 3, 2017
What¡¯s behind manufacturers¡¯ compliance lapses?
The government must determine how to prevent the compliance and quality problems that have surfaced at Japanese manufacturers.
Japan Times
BUSINESS / Companies
Oct 28, 2017
Kobe Steel plans to raise ?70 billion with early asset sale
Kobe Steel Ltd. has shown creditors a plan to secure some ?70 billion mainly by selling assets earlier than scheduled, informed sources said.
BUSINESS / Companies
Oct 27, 2017
Nissan has conducted faulty quality checks since 1979: source
Nissan Motor Co. had been conducting its current inspection process for vehicles sold in Japan¡ªdeemed faulty by the government last month ¡ª since at least 1979, according to a person familiar with the situation.
EDITORIALS
Oct 22, 2017
What Kobe Steel¡¯s fake data scandal portends
Global trust in the quality control of Japanese manufacturing has been damaged, maybe for good.
Japan Times
BUSINESS / Companies
Oct 21, 2017
Lack of automation let Kobe Steel manually manipulate inspection certificate process, official says
Some Kobe Steel Ltd. plants lack systems that automatically input product inspection data from measuring devices to produce inspection certificates, it was learned Saturday.
Japan Times
BUSINESS / Companies
Oct 20, 2017
Kobe Steel said employees¡¯ cover-up hampered internal probe on data falsification scandal
Kobe Steel¡¯s data-fabrication scandal deepens after revelations that employees failed to disclose deceptive practices at the troubled metal maker.
Japan weighs regulating Pokemon cards amid trading mania
A Pokemon event is held in Jakarta on July 11
Head of Swiss euthanasia firm dies after collapsing while ascending Mount Fuji
Around 200,000 people typically scale the 3,776 meter Mount Fuji each year.
Indian brothers make manga debut in Japan
Two Indian brothers made their manga debut in Japan with "Kung Fu Kung Fool" ¡ª an action-comedy series that follows the adventures of a notorious thief and a young boy.
Japan scientists identify clusters of protein believed to trigger Alzheimer¡¯s disease
A team of researchers said they found a ¡°seed¡± that accelerates the amyloid beta accumulation process in the brain, naming it ¡°Peak 1 amyloid beta,¡± as seen in a mouse's brain.
A perfect storm: Kaze Fujii fans flock to Fuji Rock
Okayama-born singer-songwriter Kaze Fujii has carved out a distinctive place in Japanese pop since his major-label debut in 2019.
The sci-fi sensibilities of electronic trio Black Boboi
Black Boboi was formed in 2018 when solo artists Julia Shortreed, Utena Kobayashi and Ermhoi came together under Kobayashi¡¯s newly founded label, Bindividual.
A perfect storm: Kaze Fujii fans flock to Fuji Rock
Okayama-born singer-songwriter Kaze Fujii has carved out a distinctive place in Japanese pop since his major-label debut in 2019.
Can Japanese comedy get laughs in English? Yoshimoto Kogyo lets the jokes rip
Wes-P has millions of followers and his viral clips made him recognizable out of Japan.
The 180-day locals: Life on Japan¡¯s digital nomad visa
Christopher Flinn works remotely from Tokyo earlier this month. Japan issued 646 digital nomad visas in 2025, but tourism officials are hoping to increase that figure in the coming years, with Japan's relatively cheap cost of living and the weak yen seen as potential draws for young professionals.
Japan reveals hint of new defense spending target in fiscal blueprint
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.

Podcast

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Longform

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