PARENT COMPANY : NGK Insulators, Ltd.
Established in Japan in 1919, NGK Insulators, Ltd. (NGK) has become one of leading worldwide manufacturers of insulators. It has expanded into advanced ceramic products, environmental protection systems, metal products and electronic components. With total assets of approximately $5.1 billion in 2010, the company employs approximately 11,000 people worldwide with annual sales of approximately $2.5 billion.
On May 23, 2018, our parent company NGK Insulators, Ltd. (hereinafter “NGK”) announced that certain tests have not been conducted in accordance with the specifications we agreed with our customers. Our company sincerely apologizes for causing substantial troubles to our customers.
NGK and group companies have taken immediate steps with a goal to ensure that our testing systems conform to industry standards and customer specifications.
A comprehensive review of our business processes is underway at NGK and concerned group companies, designed with a goal to make sure that this issue does not occur again in the future. We will continue to place highest priority to prevent any reoccurrence, and to re-establish the trust and confidence of our customers and stakeholders. Please click here for more details.
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