Japanese rubber industry news
Bridgestone Set to Consolidate Domestic Plants for Advanced Chemical Products Nov. 29, 2021. - Bridgestone Corp. (TYO:5108) has announced that group company Bridgestone Diversified Chemical Products Co. Ltd. (BDCP) will be consolidating its plants for advanced chemical products. The move will see BDCP’s nine production bases consolidated down to six. As for the employees of the three plants to be closed, Bridgestone believes that they are highly skilled and experienced, passionate about their jobs […]
Toyoda Gosei Launches Colored Tote Bags and Other Products Made of Airbag Fabric Nov. 26, 2021. - Toyoda Gosei Co. Ltd. (TYO:7282) has launched a range of eco-friendly bag products made from airbag fabric, including colored tote bags and colored pen cases. This comes as Toyoda Gosei looks to reduce the environmental impact of its production activities – from material procurement through to disposal – as part of its broader push to achieve SDGs. The company has […]
Companies Look to Expand SUV Tire Lineups as Sales Battle Begins for Studless Winter Tires Nov. 25, 2021. - The competition over studless winter tire sales has gotten properly under way for another year. Even as they acknowledge the market’s unpredictability amid the continued pandemic, each tire manufacturer here is aiming to boost sales by expanding their SUV-related product lineups, as well as by making the most of the lessons they learned from pursuing sales in the midst of […]
Bridgestone Ranked Gold in Pride Index of LGBTQ-Inclusive Workplaces Nov. 22, 2021. - Bridgestone Corp. (TYO:5108) has been awarded the top Gold rating for the fourth consecutive year in the Pride Index, which ranks companies on their inclusiveness toward LGBTQ employees and other sexual minorities. The Pride Index was established by work with Pride, a voluntary organization that aims to create LGBTQ-friendly workplaces in Japan across corporate and organizational boundaries. Having established a […]
Companies Look to Expand SUV Tire Lineups as Sales Battle Begins for Studless Winter Tires Nov. 25, 2021. - The competition over studless winter tire sales has gotten properly under way for another year. Even as they acknowledge the market’s unpredictability amid the continued pandemic, each tire manufacturer here is aiming to boost sales by expanding their SUV-related product lineups, as well as by making the most of the lessons they learned from pursuing sales in the midst of […]
Toyo Tires Posts Improved Performance for Q3 on Back of Strong Tire Sales Nov. 24, 2021. - Toyo Tire Corp. (TYO:5105) has released its business results for the third quarter of calendar 2021, showing 283.81 billion yen ($2.46 billion) in sales revenue, up 14.6 percent year-on-year, and 39.66 billion yen in operating income, up 79.9 percent. Going into detail on what has driven this change in operating income, Toyo Tires revealed that upward factors included 19.7 billion […]
Bridgestone Set to Consolidate Domestic Plants for Advanced Chemical Products Nov. 29, 2021. - Bridgestone Corp. (TYO:5108) has announced that group company Bridgestone Diversified Chemical Products Co. Ltd. (BDCP) will be consolidating its plants for advanced chemical products. The move will see BDCP’s nine production bases consolidated down to six. As for the employees of the three plants to be closed, Bridgestone believes that they are highly skilled and experienced, passionate about their jobs […]
Toyoda Gosei Launches Colored Tote Bags and Other Products Made of Airbag Fabric Nov. 26, 2021. - Toyoda Gosei Co. Ltd. (TYO:7282) has launched a range of eco-friendly bag products made from airbag fabric, including colored tote bags and colored pen cases. This comes as Toyoda Gosei looks to reduce the environmental impact of its production activities – from material procurement through to disposal – as part of its broader push to achieve SDGs. The company has […]
Asahi Kasei Records Major YoY Increases in First-Half Performance on Back of Material Segment Nov. 17, 2021. - Asahi Kasei Corp. (TYO:3407) has posted its business results for the first half of fiscal 2021, revealing a 19.4 percent year-on-year increase in sales – reaching 1.18 trillion yen ($10.27 billion) – and a 47.4 percent increase in operating income, 113.14 billion yen. Ordinary income too was up, marking a 53.9 percent increase to 119.23 billion yen; as was net […]
NOK Seeks Agreement Regarding Price Hike for Seal Products Nov. 16, 2021. - NOK Corp. (TYO:7240) is advancing negotiations with its customers to seek agreement on a price hike for its seal products. This would include the company’s oil seals, O-rings, gaskets and more. A leading Japanese manufacturer of seal products, NOK announced back on Sept. 6 that it would be increasing prices on its seal products by up to 20 percent starting […]
Interview: Toyoda Gosei President Toru Koyama Discusses Efforts to Balance New Initiatives With Existing Businesses Apr. 23, 2021. - Inaugurated as president of Toyoda Gosei Co. Ltd. (TYO:7282) last June, Toru Koyama stepped into the role amid a raft of major changes in the business environment – including COVID-19 as well as the accelerating trend in automotive electrification. Speaking recently with Japan Rubber Weekly, Koyama said for fiscal 2021 that he aims to see the company land a proper […]
Zeon President Kimiaki Tanaka Sees Promising Market for Specialty Elastomers Jan. 15, 2021. - Speaking recently about the future of his company’s business for elastomer materials, Zeon Corp. (TYO:4205) President Kimiaki Tanaka said COVID-19 has made it clear that there is strong global demand for specialty elastomers. This can also be interpreted, he said, to mean that elastomers without specialized characteristics will have to be offered at a low price if they are to […]