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Acquires PETRI AG, a major German steering wheel manufacturer, and establishes TAKATA-PETRI AG.
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Establishes Takata (Shanghai) Safety Systems Co., Ltd. in China and begins manufacture and sale of seat belts, airbags and steering wheels. Begins full-scale production of steering wheels at TAKATA-PETRI Romania S.R.L. in Romania.
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Establishes Takata (Shanghai) Automotive Component Co., Ltd. and begins manufacturing airbags and steering wheels.
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Begins production of seat belts at TAKATA-PETRI Romania S.R.L. in Romania. Begins production of airbags at TAKATA-PETRI Sibiu S.R.L. in Romania.
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Begins mass production of the world’s first TWIN BAG, an advanced type of airbag. Establishes Takata (Changxing) Safety Systems Co., Ltd. as inflator base in China.
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Listed in the first section of the Tokyo Stock Exchange.
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