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  • Quality issues in Japan?
    Frédéric Bach
    Japanese companies, sometimes collectively known as Japan Inc, have made negative headlines of late. While some may argue there is no such thing as bad publicity, the scandals shine a rather embarrassing light on what seems to be routine practice. Several industrial companies, such as Kobe Steel, have been accused of falsifying test results on their products. Before that, car manufacturers such as Toyota and Honda have had to recall millions of their vehicles. And in a case that is still pending a favourable outcome, industrial giant Toshiba came close to bankruptcy following a string of events that included misreported earnings and the failure of its US nuclear power branch.