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Business

Takata takeover spells opportunity for Key Safety Systems

US company CEO confident of turning around bankrupt air-bag maker

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Key Safety Systems Chief Executive Officer Jason Luo   © Reuters

TOKYO -- U.S. autoparts maker Key Safety Systems plans to expand in Japan after its takeover of bankrupt air-bag manufacturer Takata, said company chief executive Jason Luo on Monday.

"We very much value the footprint Takata has in Japan. We leverage that footprint, continue to invest in that footprint, and look to create further job opportunities," said Luo in an interview with The Nikkei.

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