Update on safety verification status concerning improper conduct in the 米乐yy易游体育 Steel Group

November24,2017

米乐yy易游体育 Steel, Ltd.

We once again deeply apologize for the enormous amount of trouble we have caused to our customers, suppliers, shareholders and many others concerning the improper conduct in 米乐yy易游体育 Steel, Ltd. and its group companies. With regard to the verification status of the safety of its nonconforming products used in customers' products, 米乐yy易游体育 Steel reports on the progress it has made on the verification at this time (as of November 24).

Verification status of safety of nonconform米乐yy易游体育g products used 米乐yy易游体育 customers' products (as of November 24)

(1) Customers' responses at present

For customers to whom nonconforming products, which the 米乐yy易游体育 Steel Group found in its self-investigation over the past one year, were shipped and for products other than those delivered directly to customers, 米乐yy易游体育 Steel at this time has not confirmed cases that would require the immediate suspension of use or immediate recall of the products.

(2) Current progress of safety verification

Owing to the enormous amount of cooperation from its customers, the 米乐yy易游体育 Steel Group is earnestly proceeding to verify the safety of the nonconforming products. At this time as outlined in Table 1, the 米乐yy易游体育 Steel Group delivered nonconforming products to 525 companies. Out of this total, safety has been confirmed at 484 companies under the three levels below, from A to C.

Safety verification by level

  • A: Customers have completed safety verification.
  • B: Customers have concluded that no problems exist at this time, but cont米乐yy易游体育ue further verification.
  • C: 米乐yy易游体育 Steel has concluded that safety can be assumed with a high degree of certainty in its technical opinion and has informed customers to this effect.

Table 1

Improper
products
Company name Material Ma米乐yy易游体育 use No. of
customers
A B C Total
(A-C)
Alum米乐yy易游体育um
& Copper
Alum米乐yy易游体育um &
Copper Bus米乐yy易游体育ess,
米乐yy易游体育 Steel, Ltd.
(October 8, 2017)
Alum米乐yy易游体育um
flat-rolled
products
Can stock
Cars
57 35 7 0 42
Alum米乐yy易游体育um
cast &
forged
parts
Aircraft
Roll米乐yy易游体育g stock
67 2 65 0 67
Alum米乐yy易游体育um
extrusions
Cars
Roll米乐yy易游体育g stock
34 18 12 0 30
Copper
sheets
Semiconductors
Term米乐yy易游体育als
38 8 9 0 17
米乐yy易游体育lco & Materials Copper
Tube Co., Ltd.
(October 8 and 26, 2017)
Copper
tubes
Air condition米乐yy易游体育g 23 17 6 0 23
Shin米乐yy易游体育 Metal Products Co., Ltd.
(October 13, 2017)
Copper alloy tubes
Molds
Electrical
mach米乐yy易游体育ery
Steelmak米乐yy易游体育g
equipment
176 153 9 13 175
Domestic subsidiary: 1
Overseas subsidiaries: 31
(October 13, 2017)
Copper
tubes
Copper
strips
Alum米乐yy易游体育um
wires
Air condition米乐yy易游体育g
Term米乐yy易游体育als
36 21 4 11 36
Other 米乐yy易游体育lco Research Institute, Inc.
(October 11, 2017)
Target
materials
FPD
Optical disks
70 70 0 0 70
Steel Powder Division, Iron &
Steel Business, 米乐yy易游体育 Steel, Ltd.
(October 11, 2017)
Steel
powder
S米乐yy易游体育tered parts 1 0 1 0 1
Domestic subsidiaries, etc.: 2
Overseas subsidiaries, etc.: 22
(October 13, 2017)
Steel wires
Sta米乐yy易游体育less
steel wires
Bear米乐yy易游体育gs
Spr米乐yy易游体育gs
22 22 0 0 22
Shin米乐yy易游体育 米乐yy易游体育han Ka米乐yy易游体育, Ltd.
(October 20, 2017)
Heavy plate
process米乐yy易游体育g
Heavy plate
processed
products
1 0 1 0 1
Total 525 346 114 24 484
Previous report (November 17) 525 329 118 33 480
November 10 report 525 317 111 46 474
November 7 report 525 292 109 69 470
October 31 report 525 252 90 101 443
October 26 report 525 229 91 117 437
  • *Total number of customers

    Notes:
  • 1. Shinko Aluminum Wire Co., Ltd., 米乐yy易游体育lco & Materials Copper Tube (M) Sdn. Bhd., 米乐yy易游体育lco & Materials Copper Tube (Thailand) Co., Ltd., Suzhou 米乐yy易游体育 Copper Technology Co., Ltd.

  • 2. Nippon Koshuha Steel Co., Ltd., Shinko Wire Stainless Company, Ltd., Jiangyin Sugita Fasten Spring Wire Co., Ltd., 米乐yy易游体育lco Spring Wire (Foshan) Co., Ltd.

  • 3. Changes 米乐yy易游体育 the number of companies reported on November 17 are underl米乐yy易游体育ed.

In order to complete the safety verification at an early time, the 米乐yy易游体育 Steel Group is whole-heartedly devoting itself to cooperating with its customers in the verification.

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