Mitsubishi Electric CEO Set to Quit Over Scandal
Mitsubishi Electric’s CEO has announced that he will step down to take responsibility for “three decades of systematic deceit” during which the Japanese firm falsified inspection data for air conditioners and brake compressors used in trains.
The surprise announcement on Thursday by Mitsubishi, whose products range from air conditioners and vacuum cleaners to industrial printers and satellites, further dents Japan’s reputation for high-quality manufacturing, already tarnished by other cases of companies falsifying or covering up test data.
“I am shocked by this,” Takeshi Sugiyama told a news conference in Tokyo, at which he apologised for the falsification and promised to appoint a successor as early as this month once he had helped coordinate the company’s response to the problem.
