Takata Corporation airbag recalls
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Quality First
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Native name
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タカタ株式会社 |
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| Public KK | |
| Traded as | : |
| Industry | Automotive industry |
| Founded | Shiga Prefecture (1933) |
| Founder | Takezo Takada |
| Headquarters | Roppongi, Minato-ku, Tokyo, 106-8488, Japan |
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Area served
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Worldwide |
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Key people
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Shigehisa Takada (Chairman and CEO) |
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| Revenue | (US$ 5.35 billion) (FY 2014) |
| Profit |
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Number of employees
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48,775 (as of March 31, 2015) |
| Website | Official website |
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Footnotes / references |
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JPY -29.5 billion (FY 2014)
Takata Corporation (タカタ株式会社 Takata Kabushiki Gaisha) is an automotive parts company based in Japan. The company has production facilities on four continents, with its European headquarters located in Germany, where it also has nine production facilities. In 2013, a series of deaths and injuries associated with defective Takata airbag inflators had led Takata to initially recall 3.6 million cars equipped with such airbags. Further fatalities caused by the airbags have led the National Highway Traffic Safety Administration (NHTSA) to order an ongoing, nationwide recall of more than 42 million cars, the largest automotive recall in U.S. history. In June 2017, Takata filed for bankruptcy.
Takata was founded in 1933 in Shiga Prefecture, Japan, by Takezo Takada and started to produce lifelines for parachutes, and other textiles. In the early 1950s, the company started to research seat belts. Later they incorporated as "Takata". In the 1960s, Takata started to sell seat-belts and built the world's first crash test plant for testing seat-belts under real world conditions.
In the 1970s, Takata developed child restraint systems. In the 1980s, the company changed its name to "Takata Corporation" and expanded to Korea, the United States, and later to Ireland, to sell seat-belts. In the 1990s, Takata expanded internationally.
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