Ford Adds Global Safety Systems Leader Takata Corporation to Its Exclusive Aligned Business Framework (ABF)

Takata Celebrates Designation as a "Win-Win" for both Companies, and for the State of Michigan

AUBURN HILLS, Mich., May 11, 2010; Takata Corporation announced it has been chosen by Ford Motor Company to be one of 13 new suppliers added to their Aligned Business Framework (ABF) for closer collaboration and a long-term relationship. Takata's global leadership in developing vehicle safety systems provides Ford a partner capable of assisting the company as it increases global common sourcing under the ONE Ford transformation plan while continuing to provide the company the vehicle safety systems of today and tomorrow as cost-effectively and expeditiously as possible.

"We are extremely proud to be included by Ford as part of its ABF supplier structure for the future, and believe our commitments to safety innovations, quality and the highest level of customer service make this a natural fit for both companies," said Robert Fisher, executive vice president of Takata's North American operations (TK Holdings Inc.), headquartered in Auburn Hills, Michigan. "Our stellar relationship with Ford goes back a long way, and with both companies headquartered here in southeast Michigan, it gives us added synergies and strengthens our partnership for the automotive industry of tomorrow, including many benefits to the state of Michigan," Fisher added. "We see both companies and the state all working even more closely together in the years ahead to keep this region the world capital of the automotive industry."

About Takata and TK Holdings Inc.

TK Holdings Inc., with more than 400 employees located in Auburn Hills, Michigan, is a subsidiary of Takata Corporation, the largest producer of seat belts in the world. Takata's global operations manufacture more than 70 million seat belt assemblies annually. Its technology features a strong emphasis on safety restraint systems and related components, safety electronics, interior trim and related products. Takata's worldwide sales are $4.3 billion annually. The company operates 46 manufacturing locations in 16 countries; 14 research and development locations on five continents. It employs over 30,000 people globally; 18,000 in North America.