Kobe Steel out of Japan was doing similar back in 2017. In one week their stock dropped 41%. Compared to immediately before the scandal, it's down 75% in that t

Kobe Steel out of Japan was doing similar back in 2017. In one week their stock dropped 41%. Compared to immediately before the scandal, it's down 75% in that time. I'm unsure if the drop is due to their scandal and poor management, something specific to Japan/Japanese steel, or if that's a larger issue in the steel market. Nippon also saw a ~55% drop on the same time period.