Japan's Takata still tallying costs of air bag recall

Japanese auto parts maker Takata Corp (7312.T) could face a $500 million charge and a net loss this year - its second in three years - as a widening recall of air bag inflators begins to raise worries despite its deep pockets. At least two deaths are alleged to have been caused by faulty air bags. The world's second-biggest auto safety parts maker faced questions from shareholders about potential losses and recall-related costs as well as its sluggish share performance at the shareholders' meeting, which came just days after the latest recall of 5.2 million vehicles. "We shareholders have been proud of Takata and how its Japanese technology has been protecting people globally, so it was shocking to learn that people have died," said Shinji Sakagami, 45, a high school teacher who owns 300 Takata shares.

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