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Japan-Update

Kobe Steel to name machinery head as new president

Company avoids candidates from scandal-ridden mainstay steel business

TOKYO -- Kobe Steel plans to appoint the head of its machinery business, Mitsugu Yamaguchi,  as president to replace Hiroya Kawasaki, who is resigning after quality control failures resulted in subpar metals being provided to hundreds of clients, Nikkei has learned.

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