TOKYO -- Takata, still reeling from a massive air bag scandal, logged a third straight year of red ink in the 12 months through March, the company said Wednesday.
The Tokyo-based manufacturer's net loss swelled to 79.5 billion yen ($695 million) from 13 billion yen in the prior fiscal year. U.S. Department of Justice fines and impairment charges in its air bag business were the major factors.
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
to learn how you can update your cookie settings.