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 […]
Yokohama Rubber Donates 40 Tires to Mie Prefecture for Use on Vaccine Transport Vehicles Jun. 18, 2021. - Yokohama Rubber Co. Ltd.’s (TYO:5101) Mie Plant has donated 40 tires for vaccine transport vehicles to Mie Prefecture, providing these on June 1. This comes as part of the plant’s efforts to help out the local community and support medical countermeasures against COVID-19. The donated tires have been fitted to official vehicles used for transporting COVID-19 vaccines to hospitals, health […]Bando Chemical Offers Employees Paid Leave for COVID-19 Vaccination Jun. 10, 2021. - Bando Chemical Industries Ltd. (TYO:5195) is bringing in special paid leave days for its employees to get vaccinated against COVID-19. By providing this paid leave, the transportation and conveyor belts manufacturer aims to reduce health risks from COVID-19 and help prevent its spread. However, the company will only recommend vaccination rather than require it, leaving it up to each individual […]
Asahi Kasei Develops System for Calculating Carbon Footprint of Synthetic Rubber, Elastomer Products May. 17, 2022. - Asahi Kasei Corp. (TYO:3407) has developed a proprietary system for calculating the carbon footprint of products (CFP) in its synthetic rubber and elastomer lineups. The system is based in part on the group-wide management infrastructure that Asahi Kasei calls its Data Exploration and Exchange Pipeline (DEEP). Using this new system, Asahi Kasei has managed to visualize CFP for a range […]
Bridgestone Joins LanzaTech to Develop Recycling Technology for End-of-Life Tires Apr. 27, 2022. - Bridgestone Corp. (TYO:5108) group company Bridgestone Americas Inc. announced earlier this month that it has formed an exclusive partnership with LanzaTech NZ Inc., which has proprietary technology for turning CO2 into energy and chemicals. The companies intend to work together on developing innovative technology for the recycling of end-of-life tires. Headquartered in Illinois, LanzaTech captures carbon from waste and uses […]
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 […]
Tokai Carbon Sees January–September Sales Revenue Rise 28% Year-on-Year Nov. 8, 2021. - Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) has posted its business results for the first three quarters of fiscal 2021, revealing 185.1 billion yen ($1.63 billion) in sales revenue, up 28 percent year-on-year, and 17.67 billion yen in operating income, up 137.9 percent. Looking at individual segments, the company’s carbon black business generated 72.26 billion yen in sales revenue, […]
