Takata Corporation

Takata Corporation
Native name
タカタ株式会社
Takata Kabushiki Gaisha
Company typePublic KK
IndustryAutomotive
Founded1933 in Shiga Prefecture, Japan
FounderTakezo Takada
Defunct11 April 2018 (2018-04-11)
FateBankruptcy, assets later acquired by Key Safety Systems
SuccessorJoyson Safety Systems
Headquarters
Roppongi, Minato-ku, Tokyo, 106-8488
,
Japan
Area served
Worldwide
Key people
Shigehisa Takada
(Chairman and CEO)
Products
Revenue ¥ 718.003 billion (2016)
¥ 42.133 billion (2016)
¥ -13.075 billion (2016)
Number of employees
50,530 (as of March 31, 2016)
Footnotes / references

Takata Corporation (タカタ株式会社, Takata Kabushiki Gaisha) was a Japanese automotive parts company. The company had production facilities on four continents, with its European headquarters located in Germany. In 2013, a series of deaths and injuries associated with defective Takata airbag inflators made in their Mexico plant led to a recall of 3.6 million cars equipped with Takata airbags. Further fatalities caused by the airbags led the National Highway Traffic Safety Administration (NHTSA) to order an ongoing, US-wide recall of more than 42 million cars, the largest automotive recall in U.S. history. In June 2017, Takata filed for bankruptcy. It was acquired by Key Safety Systems. As of January 2024, over 100 million airbag inflators worldwide have been recalled by more than 20 carmakers.