Mitsubishi Electric Corp may have shipped some 84,600 units of train equipment such as air conditioners without proper product inspection,
Among those were 9,800 air conditioners shipped to East Japan Railway Co. and 9,900 units to both West Japan Railway Co. and Central Japan Railway Co.
The Japanese electronics conglomerate admitted to the inspection failure, which may have spanned over 30 years.
Mitsubishi Electric, which did not provide the number of potentially affected units, claimed that safety has not been compromised and that they have reported the matter to the government.
The company also shipped about 1000 air compressors, used to control brakes and doors on trains, without proper inspection.


Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 



