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Takata will leave behind more than $9 billion in debt.   © Reuters
Business

From air bag king to bankruptcy court: A Q&A on Takata's fall

Global recalls leave 84-year-old company with some $9bn in debt

MITSURU OBE, Nikkei staff writer | Japan

TOKYO -- Japanese air bag maker Takata is expected to file for bankruptcy protection, possibly within this month, following massive global recalls of products linked to deadly accidents.

The company will leave behind more than 1 trillion yen ($9.02 billion) in debt, making it the largest bankruptcy in the nation's postwar history. Here is what you need to know about the manufacturer's rise and fall.

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