Takata Corporation

Takata Corporation

Quality First
Native name	タカタ株式会社
Type	Public KK
Traded as	:
Industry	Automotive industry
Founded	Shiga Prefecture (1933; 84 years ago (1933))
Founder	Takezo Takada
Headquarters	Roppongi, Minato-ku, Tokyo, 106-8488, Japan
Area served	Worldwide
Key people	Shigehisa Takada (Chairman and CEO)
Products	Airbag systems Child-restraint systems Electronics Interior trims Seat belts Steering wheels
Revenue	JPY 642.8 billion (FY 2014) (US$ 5.35 billion) (FY 2014)
Profit	JPY -29.5 billion (FY 2014) (US$ -245 million) (FY 2014)
Number of employees	48,775 (as of March 31, 2015)
Website	Official website
Footnotes / references

JPY 642.8 billion (FY 2014)

JPY -29.5 billion (FY 2014)

Takata Corporation (タカタ株式会社, Takata Kabushiki Gaisha^?) is an automotive parts company based in Japan. The company has production facilities on four continents, with its European headquarters located in Germany, where it also has nine production facilities. In 2013, A series of deaths and injuries associated with defective Takata airbags had led Takata to initially recall 3.6 million cars equipped with such airbags. Further fatalities caused by the airbags have led the National Highway Traffic Safety Administration (NHTSA) to order an ongoing, nationwide recall of more than 42 million cars, the largest automotive recall in U.S. history.

Takata was founded in 1933 in Shiga Prefecture, Japan, by Takezo Takada and started to produce lifelines for parachutes, and other textiles. In the early 1950s, the company started to research seat belts. Later they incorporated as "Takata". In the 1960s, Takata started to sell seat-belts and built the world's first crash test plant for testing seat-belts under real world conditions.