IHI Subsidiary Falsifies Data on Engine Performances of Ships and Trains

The Land, Infrastructure, Transport and Tourism Ministry in Chiyoda Ward, Tokyo.
16:28 JST, April 24, 2024
IHI Corp., a major heavy industry company, announced Wednesday that its subsidiary, IHI Power Systems Co., has been falsifying data on the performance of engines used in ships and trains. The company has been presenting falsified fuel consumption efficiency figures to its customers to make the performance seem higher than it actually is.
The Ministry of Land, Infrastructure, Transport and Tourism is investigating the case in detail.
According to the announcement, IHI had falsified data on 4,361 engines for ships, trains, and other vehicles shipped since 2003.
A special investigation committee consisting of outside experts, including lawyers, will be established to determine the cause and compile measures to prevent recurrence.
IHI expresses its deepest apologies for betraying everyone’s trust and causing great inconvenience and concern.
"Business" POPULAR ARTICLE
-
Tariffs to Cause ‘Short-term Bumps,’ Trump Economic Adviser Tells Fox Business
-
Bank of Japan Gov. Ueda Says ‘Uncertainty Is Quite Large’
-
Mixed Feelings as Stockpiled Rice Arrives at Stores; In Spite of Expected Short-Term Price Relief, Worries Arise about Persistent Market Problems
-
Bank of Japan to Keep Eagle Eye on Impact of U.S. Tariffs; Analysts Try to Predict Timing of Next Rate Hike
-
Japan Big Maker Sentiment Worsens: BOJ Tankan
JN ACCESS RANKING