Japanese rubber industry news
Bridgestone COO Akihiro Eto Comments on Downward Revision to Full-Year Forecast Aug. 20, 2019. - Bridgestone Corp. (TYO:5108) recently revealed that it has made a downward revision to its projected full-year results for calendar 2019. Compared to the company’s initial forecast for the year, this new forecast sees projected sales down by 70 billion yen ($656.74 million). Projected operating income, meanwhile, is down by 35 billion yen from the earlier forecast, projected ordinary income is […]
BASF Opens New Creation Center in Yokohama Aug. 19, 2019. - BASF SE recently announced that it has opened a Creation Center in Japan, establishing this as part of its existing Yokohama Innovation Center (YIC). The new center will serve to take customer concepts and ideas and turn these into more concrete solutions. Set to focus on the likes of resin- and urethane-based materials, the new Creation Center will provide resources […]
JRW Survey: Japanese Rubber Industry Cites Increasing Sense of Market Opacity for 2019 Aug. 2, 2019. - Conducting a survey over early- to mid-July, Japan Rubber Weekly asked 158 Japanese manufacturers of rubber and resin products about their business outlooks, earnings forecasts and more. The responses coming back from 107 companies indicated a deepening sense of market opacity. In addition to rising uncertainty around international situations such as the U.S.–China trade war, several domestic factors – including […]
Yokohama Rubber, AIST, ADMAT Develop System for High-Yield Butadiene Production from Bioethanol Aug. 1, 2019. - Yokohama Rubber Co. Ltd. (TYO:5101) has carried out joint R&D efforts with two academic partners to develop a catalyst system with the world’s highest productivity for creating butadiene from bioethanol. The company has then also been successful at using this butadiene in the synthesis of butadiene rubber. For its research here, Yokohama Rubber worked with the National Institute of Advanced […]
Bridgestone COO Akihiro Eto Comments on Downward Revision to Full-Year Forecast Aug. 20, 2019. - Bridgestone Corp. (TYO:5108) recently revealed that it has made a downward revision to its projected full-year results for calendar 2019. Compared to the company’s initial forecast for the year, this new forecast sees projected sales down by 70 billion yen ($656.74 million). Projected operating income, meanwhile, is down by 35 billion yen from the earlier forecast, projected ordinary income is […]
Sumitomo Rubber Speeds up Development Efforts Based on Smart Tyre Concept Aug. 16, 2019. - Sumitomo Rubber Industries Ltd. (TYO:5110) is looking to accelerate the development of safe, eco-friendly products under its Smart Tyre Concept, pushing forward with this as part of a broader effort toward technological innovation. President Satoru Yamamoto said that Sumitomo Rubber in 2020 will look to embody Performance Sustaining Technology – one of five tenets under the Smart Tyre Concept – […]
Toyoda Gosei Posts Rising Domestic Sales for Q1 on Back of Increased Automotive Production Aug. 6, 2019. - Toyoda Gosei Co. Ltd. (TYO:7282) recently posted results showing increased sales revenue but decreased profits for the first quarter of fiscal 2019. The auto parts manufacturer’s sales revenue for the quarter came to 209.36 billion yen ($1.97 billion) – rising by 1.9 percent year-on-year – while operating profit was down 24 percent to 7.87 billion yen and net profit was […]
Tsubakimoto Chain Establishes New Plant to Produce Tensioners for Automotive Timing Chain Systems Jul. 25, 2019. - Tsubakimoto Chain Co. (TYO:6371) recently announced that it has completed construction of a new tensioner plant on the premises of its Saitama Plant in Hanno, Saitama Prefecture. Plans are to begin full-scale operations this December. The new plant will be tasked with manufacturing tensioners, which are used in timing chain systems for automotive engines. Its larger space will facilitate the […]
BASF Opens New Creation Center in Yokohama Aug. 19, 2019. - BASF SE recently announced that it has opened a Creation Center in Japan, establishing this as part of its existing Yokohama Innovation Center (YIC). The new center will serve to take customer concepts and ideas and turn these into more concrete solutions. Set to focus on the likes of resin- and urethane-based materials, the new Creation Center will provide resources […]
Zeon Sees Sluggish Q1 Sales for Automotive, Industrial Products Aug. 13, 2019. - Zeon Corp. (TYO:4205) recently revealed its business results for the first quarter of fiscal 2019, showing downward trends to financial indicators. The company’s overall sales came to 82.42 billion yen ($781.76 million) for the quarter, down 1.5 percent year-on-year. Meanwhile, its operating income was down 1.6 percent to 8.33 billion yen, with ordinary income down 10.3 percent to 8.64 billion […]
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 […]

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