Takata plunges after record US fine, Honda dumping

Takata shares plunged a fifth Wednesday after top client Honda dumped it as an airbag parts supplier and US regulators slapped it with a record fine, in the latest blow to the crisis-hit firm. The Tokyo-listed stock fell as much as 19.8 percent to 1,100 yen ($9) in early afternoon trade as investors reacted to news that US authorities announced up to $200 million in penalties and Honda said it will stop using Takata airbag inflators linked to at least eight deaths and scores of injuries globally