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Takata - timeline of events
Created by
James Ross
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Updated
10 months ago
Events
1933 Takata Company founded by Takezo Takada
1995: Seatbelt recall announced
1983: Name changed to Takata Corporation
Jan 2017: Three executives charged with wire fraud and conspiracy
2006: Listed on Toyko Stock Exchange
2013: Major recalls announced
2013: Shigehisa Takada becomes CEO
Nov 2008: First airbag related recalls announced (Honda)
1995: Juichiro Takada becomes CEO
July 2017: Delisted from Tokyo Stock Exchange
c. 2000 internal recognition of airbag faults
Feb 2004: Exec admits manipulation of test data
Feb 2017: Guilty plea made for knowingly selling faulty airbags
Jun 2017: File for bankruptcy
2001: Honda reports 3 cases of ruptures to Takata
Jun 2014: NHTSA launch official investigation into Takata airbags
Periods
1984 onward: Diversification of operations across globe including manufacturing centres in the USA, Europe, Asia, North Africa, and South America
Airbag research and manufacture begins in 1976 - first ammonium nitrate-based airbags produced in late 1990s
1960s onward: First two point seat belts produced, world's first testing facility opened, and passive restraint system developed
