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Takata dives nearly 21% on bankruptcy restructuring fears

Last week, Takata agreed to plead guilty to fraud and pay $1 billion to settle the faulty airbag scandal with US regulators, but that was not likely to be the end of its liabilities over the affair

Takata shares plunged for a second session on Friday, tumbling nearly 21 percent on fears of a drawn out bankruptcy restructuring for the airbag maker at the centre of the biggest-ever auto safety recall. The embattled stock fell by its daily limit to close at 567 yen, on the heels of Thursday's 17 percent dive. The shares have lost nearly half their value this week.