Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE  >  Korean Air Lines Co Ltd    003490   KR7003490000

My previous session
Most popular
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Factbox - Kobe Steel's affected customers: from computer chips to space ships

share with twitter share with LinkedIn share with facebook
share via e-mail
11/05/2017 | 07:37am CEST

(Reuters) - Kobe Steel Ltd's (>> Kobe Steel, Ltd.) tampering with specifications has led to a scramble among the 525 customers currently affected to check the safety of their cars, planes, trains and other products.

(Reuters) - Kobe Steel Ltd's (>> Kobe Steel, Ltd.) tampering with specifications has led to a scramble among the 525 customers currently affected to check the safety of their cars, planes, trains and other products.

The metals from Kobe Steel whose specifications have been falsified have been used in a dizzying array of products including air conditioners, Blu-ray discs, car doors, computer chips, copper pipes, heat exchangers, gear boxes, nuclear power plant parts, ship engines and space ships.

No safety issues have been reported.

Customers that have received falsely certified parts include:


Toyota Motor Corp (>> Toyota Motor Corp), Nissan Motor Co (>> Nissan Motor Co Ltd), Honda Motor Co (>> Honda Motor Co Ltd), Mazda Motor Corp (>> Mazda Motor Corp), Subaru Corp (>> Subaru Corp), Mitsubishi Motors Corp (>> MITSUBISHI MOTORS CORPORATION) and Daihatsu Motor Co Ltd (>> Honda Motor Co Ltd).


Honda said affected products have been used in its HondaJet, the first aircraft developed by an automaker since World War Two.

Other affected manufacturers include the world's biggest maker of passenger jets Boeing Co (>> Boeing Company (The)), Mitsubishi Heavy Industries Ltd (>> Mitsubishi Heavy Industries Ltd) and IHI Corp (>> IHI Corp).


Railway operators across Japan including Central Japan Railway Company Co (>> Central Japan Railway Company) (JR Tokai), East Japan Railway Co (>> East Japan Railway Company) (JR East), West Japan Railway Co (>> West Japan Railway Company) (JR West), Tokyo Metro Co Ltd and Hankyu Hanshin Holdings Inc (>> Hankyu Hanshin Holdings, Inc.).


Chugoku Electric Power Co Inc (>> Chugoku Electric Power Co Inc), Hokuriku Electric Power Co (>> Hokuriku Electric Power Company), Japan Nuclear Fuel Ltd, Kansai Electric Power Co Inc (>> Kansai Electric Power Co Inc), Kyushu Electric Power Co Inc (>> Kyushu Electric Power Company, Inc.) and Tokyo Electric Power Company Holdings Inc (>> Tokyo Electric Power Company Holding Inc) (Tepco).

Other products using affected metals include:

Air conditioners from Mitsubishi Electric Corp (>> Mitsubishi Electric Corporation).

Aircraft parts and engine components from Kawasaki Heavy Industries Ltd (>> Kawasaki Heavy Industries Ltd).

Blu-ray discs from Panasonic Corp (>> Panasonic Corporation).

Cooling equipment from Toshiba Corp (>> Toshiba Corp).

Defence equipment from makers MHI, IHI, Kawasaki Heavy and Komatsu Ltd (>> Komatsu Ltd).

Gearboxes for aircraft and vacuum pumps from Shimadzu Corp (>> Shimadzu Corporation).

Heat exchangers from Toyota-affiliated parts manufacturer Denso Corp (>> Denso Corp).

Motorcycles from Suzuki Motor Corp (>> Suzuki Motor Corp).

Ship engines from Mitsui Engineering & Shipbuilding Co Ltd (>> Mitsui Engineering & Shipbuilding Co Ltd).

Kobe Steel is integrated into global supply chains, supplying metals to companies including Bosch Ltd (>> Bosch Ltd), Hyundai Motor Co (>> Hyundai Motor Co), Kia Motors Corp (000270.KS), Ford Motor Co (>> Ford Motor Company) and Rolls-Royce Holdings PLC (>> Rolls-Royce).

The steelmaker makes wire rod for engine valve springs found in half the world's cars, aluminium discs for half of the world's hard drives and 40 percent of the engine crankshafts used in large ships.

Kobe Steel is Asia's No.1 manufacturer of semiconductor leadframes, the base material for chips, and one the world's top makers of the large forged casks used to store spent nuclear fuel.

(Reporting by Sam Nussey, Yuka Obayashi, Osamu Tsukimori, Joe White, and Hyunjoo Jin; Editing by Raju Gopalakrishnan)

Stocks treated in this article : Airbus SE, Peugeot, Renault, Boeing Company (The), General Electric Company, Ford Motor Company, Daimler, Rolls-Royce, Tesla, Shimadzu Corporation, Suzuki Motor Corp, Daikin Industries, Ltd., Denso Corp, Tokyo Electric Power Company Holding Inc, Mitsubishi Heavy Industries Ltd, IHI Corp, Mazda Motor Corp, Kansai Electric Power Co Inc, Mitsubishi Electric Corporation, Subaru Corp, MITSUBISHI MOTORS CORPORATION, East Japan Railway Company, Mitsui Engineering & Shipbuilding Co Ltd, Komatsu Ltd, Kyushu Electric Power Company, Inc., Chugoku Electric Power Co Inc, Yamaha Motor Co., Ltd., Hokuriku Electric Power Company, Yokohama Rubber Co Ltd, Hyundai Motor Co, Honda Motor Co Ltd, Fujitsu Ltd, Kawasaki Heavy Industries Ltd, Kobe Steel, Ltd., Panasonic Corporation, NEC Corp, Nissan Motor Co Ltd, Toyota Motor Corp, Central Japan Railway Company, West Japan Railway Company, Korean Air Lines Co Ltd, Toshiba Corp, Hankyu Hanshin Holdings, Inc., General Motors Corporation, Bosch Ltd, Valeo
Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 0.15% 107.72 Real-time Quote.29.78%
BOEING COMPANY (THE) 0.12% 346.4 Delayed Quote.17.32%
BOSCH 0.13% 18825 End-of-day quote.-6.27%
CENTRAL JAPAN RAILWAY COMPANY 0.38% 22470 End-of-day quote.9.37%
CHUGOKU ELECTRIC POWER CO INC 0.70% 1439 End-of-day quote.17.95%
DAIKIN INDUSTRIES, LTD. 1.32% 13475 End-of-day quote.-0.55%
DAIMLER -0.67% 54.92 Delayed Quote.-22.43%
DENSO CORP -0.84% 5295 End-of-day quote.-22.98%
EAST JAPAN RAILWAY COMPANY -0.05% 10110 End-of-day quote.-9.41%
FORD MOTOR COMPANY 0.42% 9.55 Delayed Quote.-23.54%
FUJITSU LTD 0.47% 775 End-of-day quote.-5.00%
GENERAL ELECTRIC COMPANY 0.00% 12.3 Delayed Quote.-29.51%
GENERAL MOTORS CORPORATION 0.25% 36.38 Delayed Quote.-11.25%
HANKYU HANSHIN HOLDINGS INC -0.87% 4010 End-of-day quote.-12.45%
HOKURIKU ELECTRIC POWER COMPANY -0.26% 1158 End-of-day quote.27.11%
HONDA MOTOR CO LTD 0.64% 3313 End-of-day quote.-15.59%
HYUNDAI MOTOR CO --End-of-day quote.
IHI CORP 0.67% 3755 End-of-day quote.-2.21%
KANSAI ELECTRIC POWER CO INC -1.12% 1550 End-of-day quote.10.71%
KAWASAKI HEAVY INDUSTRIES LTD 1.31% 3095 End-of-day quote.-23.11%
KOBE STEEL, LTD. 2.60% 946 End-of-day quote.-10.25%
KOMATSU LTD 0.57% 3016 End-of-day quote.-27.33%
KOREAN AIR LINES CO LTD --End-of-day quote.
KYUSHU ELECTRIC POWER COMPANY, INC. -0.16% 1263 End-of-day quote.5.43%
MAZDA MOTOR CORP 0.19% 1287 End-of-day quote.-15.88%
MITSUBISHI ELECTRIC CORPORATION 1.23% 1480 End-of-day quote.-22.63%
MITSUBISHI HEAVY INDUSTRIES LTD 0.99% 4180 End-of-day quote.-2.04%
MITSUBISHI MOTORS CORPORATION 1.52% 802 End-of-day quote.-2.79%
MITSUI E&S HOLDINGS CO LTD 1.06% 1719 End-of-day quote.0.47%
NEC CORP -0.61% 2951 End-of-day quote.-5.11%
NISSAN MOTOR CO LTD -0.19% 1038 End-of-day quote.-8.14%
PANASONIC CORPORATION 0.59% 1369 End-of-day quote.-18.27%
PEUGEOT 0.25% 24.41 Real-time Quote.43.97%
RENAULT 1.42% 72.2 Real-time Quote.-13.96%
ROLLS-ROYCE 0.84% 1023.5 Delayed Quote.20.84%
SHIMADZU CORPORATION 0.65% 3095 End-of-day quote.18.86%
SUBARU CORP 1.12% 3343 End-of-day quote.-7.45%
SUZUKI MOTOR CORP -1.31% 7507 End-of-day quote.13.74%
TESLA -8.93% 305.5 Delayed Quote.-1.88%
TOKYO ELECTRIC POWER COMPANY HOLDING INC 1.12% 540 End-of-day quote.19.73%
TOSHIBA CORP 0.00% 328 End-of-day quote.1.23%
TOYOTA MOTOR CORP 0.41% 6803 End-of-day quote.-6.81%
VALEO 0.10% 39.27 Real-time Quote.-36.94%
WEST JAPAN RAILWAY COMPANY 0.39% 7537 End-of-day quote.-9.61%
YAMAHA MOTOR CO., LTD. 1.63% 2810 End-of-day quote.-24.66%
YOKOHAMA RUBBER CO LTD -0.30% 2350 End-of-day quote.-15.35%
share with twitter share with LinkedIn share with facebook
share via e-mail
08/17Jin Air's licence intact after 'nut rage' sister's scandal; shares soar
07/13KOREAN AIR LINES : Court of Appeals vacates South Korean tourist`s prison senten..
07/06KOREAN AIR LINES : South Korean Airlines Face Operational and Familial Headwinds
06/13KOREAN AIR LINES : Wife of Korean Air boss grilled on hiring maids without visas..
05/31REPORT : S. Korean prosecutors raid Korean Air headquarters
05/15Taiwan seeks 'correction' after Air Canada lists Taipei as part of China
05/11KOREAN AIR LINES : LG Group investigated over tax evasion allegations
05/10Korean Air chairman steps down as CEO of budget affiliate Jin Air
05/09South Korea's Jin Air shares slide on concerns of licence cancellation
05/09South Korea's Jin Air shares slide on concerns of license cancellation
More news
Financials (KRW)
Sales 2018 12 976 B
EBIT 2018 868 B
Net income 2018 333 B
Debt 2018 12 824 B
Yield 2018 0,90%
P/E ratio 2018 18,35
P/E ratio 2019 6,44
EV / Sales 2018 1,19x
EV / Sales 2019 1,11x
Capitalization 2 646 B
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 39 808  KRW
Spread / Average Target 43%
EPS Revisions
Yang-Ho Cho Chairman & Co-Chief Executive Officer
Won-Tae Cho President, Co-Chief Executive Officer & Director
Gi-Hong Woo Co-Chief Executive Officer & Director
Eun-Yong Ha Executive Director & Head-Finance
Jae-Il Kim Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
DELTA AIR LINES-0.63%37 857
AIR CHINA LTD.-42.45%13 904