TOKYO -- Mitsubishi Electric President and CEO Takeshi Sugiyama said he will resign after revelations that the company used a computer program to fake inspection results for industrial equipment going back as far as the 1980s.
"I am keenly aware of my responsibility for damaging trust," Sugiyama said in a news conference on Friday, describing the cheating uncovered by an internal probe as "systematic wrongdoing." The company will look to choose a replacement this month.
