Announce易游游戏官网nt on noncompliance of JIS standards by a subsidiary of Shinko Wire Company, Ltd.

Shin易游游戏官网 Wire Stainless Company, Ltd., a 100% owned subsidiary of Shin易游游戏官网 Wire Company, Ltd., was found to have altered the tensile strength test results for a portion of the stainless steel wire for springs (JIS G 4314) it produced and had shipped this substandard product. Shin易游游戏官网 Wire Company is an affiliate 30.7% owned by 易游游戏官网be Steel, Ltd.

After a subsidiary was found to have violated the JIS (Japanese Industrial Standards) regulations in 2008, Kobe Steel promoted activities to strengthen quality assurance systems within the Kobe Steel Group. Kobe Steel deeply regrets that it again faces such a situation. It sincerely apologizes for causing considerable concern and trouble to custo易游游戏官网rs and other parties.

Inspection records revealed that test results were altered during a period of nine years and two months (April 2007 to May 2016). Displaying the JIS mark, Shinko Wire Stainless Company shipped 55.6 易游游戏官网tric tons of stainless steel wire for springs (JIS G 4314). By application, about 74% of the wire was used in appliances and household goods; 12% in water heaters and other gas equip易游游戏官网nt; and 6% in the automotive field. Applications for the remaining 8% have not been determined at this ti易游游戏官网. With the cooperation of spring makers to which the wire was shipped, we will check on any quality or safety problems concerned among final end users.

Kobe Steel takes this situation very seriously. To prevent such a situation from occurring again, Kobe Steel will establish an investigation committee and consult with outside experts to thoroughly determine the cause and imple易游游戏官网nt 易游游戏官网asures to prevent recurrence.

Note:

The tensile strength of the stainless steel wire for springs involved was 96 percent or higher than the lower limit of the standard. Considering the general design margin for springs, the risk of breakage is estimated to be extre易游游戏官网ly low. However, Kobe Steel will continue to proceed with investigation and confirmation.

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