Hino Motors Ltd.'s shares fell sharply in Tokyo on Friday afternoon following a report that the truck maker had submitted inappropriate emissions data to the Japanese government.
Japan's public broadcaster NHK reported Friday morning that Hino, a unit of Toyota Motor Corp., submitted inappropriate data to receive certificates for production, and that some of its engines may not have met the standards required by law.
A Hino spokeswoman said a news conference is scheduled at 0700 GMT, or 4 p.m. Japan Standard Time, Friday. She declined to comment on the report.
Hino shares were recently down 17% at Y868 after falling as much as 24% earlier.
Japanese auto stocks were broadly lower as uncertainty persists over the war in Ukraine and its effect on the global economy.
Toyota Motor shares were down 3.7%, Nissan Motor Co. shares were 5.4% lower and Honda Motor Co. shares were down 4.6%.
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