Sumitomo Riko Continues Collaborative Efforts for Health With Itoshima City, Kyushu University May. 24, 2019. - A three-party agreement between Sumitomo Riko Co. Ltd. (TYO:5191), Itoshima City and Kyushu University has entered into its second term, which is set to span fiscal 2019–2021. Carried out at Itoshima City Hall, Itoshima, Fukuoka Prefecture, these joint efforts seek to build up a comprehensive regional care system while also making strides more broadly in the areas of health, medical […]
Toyo Tires Records 3.8% Drop in Sales for Q1 of 2019 May. 23, 2019. - Toyo Tire Corp. (TYO:5105) recently posted its results for the first quarter of calendar 2019, showing overall sales of 90.14 billion yen ($817.75 million) for the period. This marks a decrease of 3.8 percent from the same quarter last year. The company’s operating profit for the quarter was similarly down 4 percent year-on-year to 10.17 billion yen, with ordinary profit […]
Sumitomo Riko Continues Collaborative Efforts for Health With Itoshima City, Kyushu University May. 24, 2019. - A three-party agreement between Sumitomo Riko Co. Ltd. (TYO:5191), Itoshima City and Kyushu University has entered into its second term, which is set to span fiscal 2019–2021. Carried out at Itoshima City Hall, Itoshima, Fukuoka Prefecture, these joint efforts seek to build up a comprehensive regional care system while also making strides more broadly in the areas of health, medical […]
Toyoda Gosei Investing in Optical Design Experts Imuzak for Vehicle Module Development May. 21, 2019. - Toyoda Gosei Co. Ltd. (TYO:7282) is looking to accelerate its development of vehicle interior and exterior modules for the coming age of automated driving, investing in Imuzak Inc., a firm with strengths in optical design and evaluation. The outlay of 50 million yen ($450,000) is the first to be implemented by the new Corporate Venture Capital Department, established up by […]
Toyo Tires Records 3.8% Drop in Sales for Q1 of 2019 May. 23, 2019. - Toyo Tire Corp. (TYO:5105) recently posted its results for the first quarter of calendar 2019, showing overall sales of 90.14 billion yen ($817.75 million) for the period. This marks a decrease of 3.8 percent from the same quarter last year. The company’s operating profit for the quarter was similarly down 4 percent year-on-year to 10.17 billion yen, with ordinary profit […]
Continental’s EcoContact 6 Performance Tires Adopted as OE for Mercedes-Benz C-Class May. 17, 2019. - Continental Tire Japan Co. Ltd. recently announced that its EcoContact 6 tires, a series of high-performance eco-friendly tires launched in March, have been adopted as OE for the new-model Mercedes-Benz C-Class. Specifically, the front tires for the new C-Class will be 225/45R18 95Y XL EcoContact 6 MO tires, with the rear tires to be 245/40R18 97Y XL EcoContact 6 MO […]Nitta Achieves Year-on-Year Increase to Belt, Rubber Product Sales for 2018 May. 16, 2019. - Nitta Corp. (TYO:5186) recently posted its results for fiscal 2018, revealing a total of 89.17 billion yen in annual sales – up by 22.2 percent year-on-year. On the profit side of the equation, the company made 5.66 billion yen in operating income, up 16.4 percent year-on-year; 11.47 billion yen in ordinary income, down 0.3 percent; and 8.97 billion yen in […]
Buss Begins Full-Scale Japanese Sales of New Continuous Kneader Equipment May. 15, 2019. - Buss Japan Ltd., the Japanese subsidiary of Swiss-based specialist kneader manufacturer Buss AG, has launched full-scale domestic sales for Compeo, a new series of continuous kneaders. Built upon the technologies that Buss has built up over its history in the kneader industry, the Compeo series allows for a single unit of equipment to cater to various applications and a wide […]Mitsui Chemicals Mobility Segment Sees Double-Digit Sales Increase for Fiscal 2018 May. 20, 2019. - Mitsui Chemicals Inc. (TYO:4183) recently released its business results for fiscal 2018. The company’s overall sales for the period totaled 1.48 trillion yen ($13.47 billion), up 11.6 percent year-on-year. Operating profit was 93.43 billion yen, down 9.7 percent year-on-year; ordinary profit was 102.97 billion yen, down 6.6 percent; and net profit was 76.12 billion yen, up 6.3 percent. Mitsui Chemicals’ […]
Zeon Achieves Growth to S-SBR Sales, Expects to Hit Capacity in 2020 May. 14, 2019. - Zeon Corp. (TYO:4205) is seeing strong sales growth with its business for solution-polymerized styrene–butadiene rubber (S-SBR), recording year-on-year growth of 9 percent to its sales here for fiscal 2018. Going forward, the expectation is that this same level of growth will continue – and if it does, the company will likely have both its production and its sales of S-SBR […]
Shin-Etsu Polymer Posts Increased Sales, Profits for Fiscal 2018 May. 7, 2019. - Shin-Etsu Polymer Co. Ltd. (TYO:7970) has posted year-on-year increases to both sales and profits as part of its results for fiscal 2018. The company recorded sales of 85.46 billion yen ($770.76 million) for the year, up by 7.7 percent; operating profit of 8.15 billion yen, up by 13.1 percent; ordinary profit of 8.03 billion yen, up by 10.3 percent; and […]
Interview: Toyoda Gosei President Highlights Plans for Lighter, Quieter EVs Feb. 15, 2018. - Sitting down for a recent interview with Japan Rubber Weekly, Toyoda Gosei Co. Ltd. (TYO:7282) President Naoki Miyazaki said that the automotive industry is entering a massive, once-in-a-century turning point. Such a shake-up to business is an opportunity for growth, he said. Miyazaki spoke on the impact of electrification and Toyoda Gosei’s strategy to deal with it, saying that although […]
Toyo Tire Develops Drive Simulator for Virtual Tire Performance, Safety Education Apr. 17, 2019. - Toyo Tire Corp. (TYO:5105) has developed a driving simulator with realistic steering, accelerator and brake controls for tire performance safety education events. Control software developed by Toyo Tires will enable drivers to virtually experience how tire wear can change braking distance under rainy conditions or cause hydroplaning, as well as how differences in inflation pressure can alter operational stability. It […]
Toyoda Gosei Develops Lightweight Resin Turbo Duct for Vehicles Apr. 3, 2019. - Toyoda Gosei Co. Ltd. (TYO:7282) has developed a lightweight resin turbo duct for automobiles. The use of resin for the turbo duct, which conducts air to the engine, makes it possible for the newly developed product to improve vehicle environmental performance. It is installed in new HiAce vans launched outside of Japan by Toyota Motor Corp. (TYO:7203) in February. A […]Toyo Tires Records 3.8% Drop in Sales for Q1 of 2019 May. 23, 2019. - Toyo Tire Corp. (TYO:5105) recently posted its results for the first quarter of calendar 2019, showing overall sales of 90.14 billion yen ($817.75 million) for the period. This marks a decrease of 3.8 percent from the same quarter last year. The company’s operating profit for the quarter was similarly down 4 percent year-on-year to 10.17 billion yen, with ordinary profit […]
Sagami Rubber Industries Records 5.9% Sales Increase for Fiscal 2018 May. 22, 2019. - Sagami Rubber Industries Co. Ltd. (TYO:5194) recently posted its business results for fiscal 2018. The company recorded sales of 6.26 billion yen ($56.62 million), up 5.9 percent year-on-year; operating profit of 1.12 billion yen, down 24.1 percent; ordinary profit of 916 million yen, down 48.3 percent; and net profit of 553 million yen, down 57.7 percent. By segment, Sagami Rubber […]
