Japanese rubber industry news
Toyoda Gosei Selected for GaN Power Semiconductor Development as Part of CO2 Reduction Project May. 24, 2022. - Toyota Group company Toyoda Gosei Co. Ltd. (TYO:7282) has been selected alongside Panasonic Corp. (TYO:6752), Nagoya University and Osaka University to develop next-gen gallium nitride (GaN) power semiconductors as part of a Japanese government project. Run under the Ministry of the Environment (MoE), these efforts will form the “FY2022 Project for Acceleration of Social Implementation and Dissemination of Components (GaN) […]
Bridgestone Announces Sweeping Sales, Profits Increases in January–March Results May. 23, 2022. - Bridgestone Corp. (TYO:5108) has announced its business results (IFRS) for the January–March, which include sales revenue of 891.01 billion yen ($6.96 billion), up 22.5 percent year-on-year; adjusted operating profit of 101.1 billion yen, up 19.2 percent; and net profit, including that for discontinued operations, of 53.84 billion yen, down 81.1 percent. Net profit was significantly lower due to a one-time […]
Toyoda Gosei Selected for GaN Power Semiconductor Development as Part of CO2 Reduction Project May. 24, 2022. - Toyota Group company Toyoda Gosei Co. Ltd. (TYO:7282) has been selected alongside Panasonic Corp. (TYO:6752), Nagoya University and Osaka University to develop next-gen gallium nitride (GaN) power semiconductors as part of a Japanese government project. Run under the Ministry of the Environment (MoE), these efforts will form the “FY2022 Project for Acceleration of Social Implementation and Dissemination of Components (GaN) […]
Toyoda Gosei Selected for GaN Power Semiconductor Development as Part of CO2 Reduction Project May. 20, 2022. - Toyota Group company Toyoda Gosei Co. Ltd. (TYO:7282) has been selected alongside Panasonic Corp. (TYO:6752), Nagoya University and Osaka University to develop next-gen gallium nitride (GaN) power semiconductors as part of a Japanese government project. Run under the Ministry of the Environment (MoE), these efforts will form the “FY2022 Project for Acceleration of Social Implementation and Dissemination of Components (GaN) […]
Bridgestone Announces Sweeping Sales, Profits Increases in January–March Results May. 23, 2022. - Bridgestone Corp. (TYO:5108) has announced its business results (IFRS) for the January–March, which include sales revenue of 891.01 billion yen ($6.96 billion), up 22.5 percent year-on-year; adjusted operating profit of 101.1 billion yen, up 19.2 percent; and net profit, including that for discontinued operations, of 53.84 billion yen, down 81.1 percent. Net profit was significantly lower due to a one-time […]
Toyota, Subaru Select Sumitomo Rubber Tire as OE for New BEVs May. 19, 2022. - Sumitomo Rubber Industries Ltd. (TYO:5110) has started supplying its Dunlop SP Sport Maxx 060 as an OE tire for the bZ4X, the latest model battery electric vehicle (BEV) from Toyota Motor Corp. (TYO:7203) that is launching this May. The same tire has also been selected as OE for the Solterra, another new BEV unveiled by Subaru Corp. (TYO:7270) last November. […]
Toyoda Gosei to Expand Seto Plant, Boosting Production for Automotive Interior and Exterior Products May. 13, 2022. - Toyoda Gosei Co. Ltd. (TYO:7282) has announced plans to expand its Seto Plant, which manufactures products for automotive interiors and exteriors in Seto, Aichi. By expanding this plant – which is located near the company’s main customer in Japan – it will be possible to install new facilities, allowing in turn for more efficient manufacturing and improved competitiveness. The land […]
Toyoda Gosei to Expand Seto Plant, Boosting Production for Automotive Interior and Exterior Products May. 6, 2022. - Toyoda Gosei Co. Ltd. (TYO:7282) has announced plans to expand its Seto Plant, which manufactures products for automotive interiors and exteriors in Seto, Aichi. By expanding this plant – which is located near the company’s main customer in Japan – it will be possible to install new facilities, allowing in turn for more efficient manufacturing and improved competitiveness. The land […]
Tokai Carbon Posts 94.7% Profit Growth for First Quarter of Calendar 2022 May. 18, 2022. - Japanese carbon black giant Tokai Carbon Co. Ltd. (TYO:5301) has posted strong results for the first quarter of calendar 2022. This includes sales revenue of 69.51 billion yen, up 28.8 percent year-on-year; operating income of 7.94 billion yen, up 94.7 percent; ordinary income of 8.41 billion yen, up by 110.2 percent; and net income of 4.04 billion yen, up by […]
Shin-Etsu Polymer Keeps Pace in 2021 With Silicone Rubber Sales May. 12, 2022. - Shin-Etsu Polymer Co. Ltd. (TYO:7970) recently reported its business results for fiscal 2021. This included net sales of 92.64 billion yen ($710 million), up 20.5 percent year-on-year; operating income of 9.73 billion yen, up 34.8 percent; ordinary income of 10.13 billion yen, up 44.3 percent; and net profit of 6.31 billion yen, up 39 percent. Among the silicone rubber molding […]
Toyoda Gosei President Toru Koyama Discusses Plans to Pursue Carbon Neutrality, Support Rise of EVs Feb. 1, 2022. - Toru Koyama, president of Toyoda Gosei Co. Ltd. (TYO:7282), gave some insight recently into the company’s plans for 2022, which will center around improving corporate value and striving to meet the targets of the company’s medium-term plan. Giving his predictions for fiscal 2022, Koyama said that given Omicron and numerous other uncertainties, he believes it may still be another year […]
Sumitomo Riko President Shines Light on Plans to Get Results From Structural Reform Starting 2023 Jan. 12, 2022. - Sumitomo Riko Co. Ltd. (TYO:5191) President Kazushi Shimizu recently spoke about current efforts being made by the company, highlighting here the good progress being made on the structural reform it has been pursuing of late. And with this in mind, plans going forward are to achieve growth for both auto parts and general industrial products, he said. Shimizu noted here […]