Mitsubishi Materials: urging market share prompted data falsification


(MENAFN) According to Mitsubishi Materials Corp, a push to expand market share has led a subsidiary to fake product specification.

The Japanese firm has declared last month that its subsidiaries falsified data about products, including parts for aircraft and automobiles.

The company said that a committee inspecting the case had found that Mitsubishi Shindoh, which was late to enter the market for metal products used in device connectors for cars, had taken orders even when they could not meet customers' product specification.

It also indicated a push for approving products to prevent losses, and a lack of awareness about compliance and quality assurance among its staff.

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