Japanese rubber industry news
Japan Sees Rubber Product Shipment Value Rise 0.5% in First Half Aug. 23, 2019. - Japan’s shipments of rubber products came to a total value of more than 1.15 trillion yen ($10.79 billion) for the first half of calendar 2019, marking a 0.5 percent increase over the same half last year. This is based on calculations from the Ministry of Economy, Trade and Industry (METI) regarding production and shipment figures for rubber products. Looking at […]
JSR Plans New Investment Subsidiary to Speed up Business Creation Around Digital Technologies Aug. 22, 2019. - JSR Corp. (TYO:4185) has announced that it intends to establish a new investment subsidiary on Oct. 1. Named JSR Active Innovation Fund LLC, the new company will invest on a global scale into startups focused on digital technologies. The aim is to then use these technologies to further accelerate the creation of new businesses. Investment activities will start with an […]
Japan Sees Rubber Product Shipment Value Rise 0.5% in First Half Aug. 23, 2019. - Japan’s shipments of rubber products came to a total value of more than 1.15 trillion yen ($10.79 billion) for the first half of calendar 2019, marking a 0.5 percent increase over the same half last year. This is based on calculations from the Ministry of Economy, Trade and Industry (METI) regarding production and shipment figures for rubber products. Looking at […]
JSR Plans New Investment Subsidiary to Speed up Business Creation Around Digital Technologies Aug. 22, 2019. - JSR Corp. (TYO:4185) has announced that it intends to establish a new investment subsidiary on Oct. 1. Named JSR Active Innovation Fund LLC, the new company will invest on a global scale into startups focused on digital technologies. The aim is to then use these technologies to further accelerate the creation of new businesses. Investment activities will start with an […]
Yokohama Rubber Sticks to Initial Forecast for 2019 Following Release of First-Half Results Aug. 21, 2019. - Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for the first half of calendar 2019. Based on these results, the company has stated that it will abide by its initial forecast for the full year, which points to sales revenue of 660 billion yen ($6.2 billion), operating profit of 57.5 billion yen and a net profit of 46 […]
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 […]
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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