The logo of Takata Corp is seen on its display at a showroom for vehicles in Tokyo, Japan, February 9, 2017. REUTERS/Toru Hanai

TOKYO (Reuters) - Trading in shares of Japanese air bag maker Takata Corp will be temporarily suspended on Friday, following media reports that the company is preparing to file for bankruptcy, said Japan Exchange Group, which operates Tokyo Stock Exchange.

Sources told Reuters the firm may file for bankruptcy as early as next week.