Achilles Reports 12% Sales Growth in First Half Nov. 25, 2022. - Achilles reported financial results for the first half (April – September) of the fiscal year ending March 31, 2023, with net sales of 40.8 billion yen ($292.85 million), up 12.0 percent year-on-year; an operating loss of 102 million yen (a profit of 608 million yen in the previous year); ordinary income of 489 million yen, down 42.8 percent; and net […]
Sumitomo Rubber President Participates in the Association of Male Leaders to Accelerate the Advancement of Shining Women Nov. 24, 2022. - Sumitomo Rubber President Satoru Yamamoto participated in the Association of Male Leaders to Accelerate the Advancement of Shining Women (Secretariat: Cabinet Office). While deepening his network with male leaders from various industries across Japan, he will accelerate the company’s efforts to promote gender equality and women’s activities. The Men’s Leaders’ Group is a gathering of corporate executives and others to […]
Sumitomo Rubber President Participates in the Association of Male Leaders to Accelerate the Advancement of Shining Women Nov. 24, 2022. - Sumitomo Rubber President Satoru Yamamoto participated in the Association of Male Leaders to Accelerate the Advancement of Shining Women (Secretariat: Cabinet Office). While deepening his network with male leaders from various industries across Japan, he will accelerate the company’s efforts to promote gender equality and women’s activities. The Men’s Leaders’ Group is a gathering of corporate executives and others to […]
Sumitomo Rubber Receives Gold Award in Pride Index 2022 for LGBTQ+ Initiatives Nov. 24, 2022. - Sumitomo Rubber has received the Gold award in the Pride Index 2022, an evaluation index for LGBTQ+ and other sexual minority initiatives at companies and organizations. In order to embody “Our Philosophy,” the company has positioned diversity and inclusion (D&I) as a priority management issue. It has implemented a number of measures to realize a workplace where diverse attributes and […]
Japan Michelin Tire Signs Exclusive Supplier Contract for JAL’s New Aircraft Nov. 18, 2022. - Michelin Japan has been selected as the exclusive tire supplier for five years for the new Airbus A350-1000 airliner to be introduced by Japan Airlines (JAL) from fiscal 2023. This is the first time that Michelin has signed a contract as the exclusive tire supplier to JAL. All A350-1000 aircraft, which are JAL’s mainstay international aircraft, will be equipped with […]
Bridgestone and Toppan Forms Jointly Develop Next-Generation RFID Tags for Tires Nov. 7, 2022. - Bridgestone and Toppan Forms have begun joint development of mounting technology for the early practical application of next-generation RFID tags for tires, for which basic studies have been conducted earlier. The joint initiative aims to develop next-generation RFID tags that can communicate accurately from a greater distance and establish technologies for mounting on tires by combining Bridgestone’s tire development and […]Achilles Reports 12% Sales Growth in First Half Nov. 25, 2022. - Achilles reported financial results for the first half (April – September) of the fiscal year ending March 31, 2023, with net sales of 40.8 billion yen ($292.85 million), up 12.0 percent year-on-year; an operating loss of 102 million yen (a profit of 608 million yen in the previous year); ordinary income of 489 million yen, down 42.8 percent; and net […]
Sumitomo Riko to Increase Automotive Anti-Vibration Rubber Production in Mexico Nov. 14, 2022. - Sumitomo Riko will increase the production capacity of the O’Donnell Plant of S-Riko de Querétaro (SRK-QRO, headquartered in Querétaro, Mexico), a group company that manufactures and sells automotive anti-vibration rubber and other products in Mexico. By expanding the plant building from the current 12,000 square meters to 22,000 square meters, SRK-QRO’s production capacity of automotive anti-vibration rubber will be increased […]Asahi Kasei Begins Sales of Sustainable SSBR and BR Nov. 18, 2022. - Asahi Kasei has begun in November selling solution-polymerized styrene-butadiene rubber (SSBR) and butadiene rubber (BR) using the mass balance method. In October, the company’s Synthetic Rubber Division obtained ISCC PLUS certification. Asahi Kasei Synthetic Rubber Singapore has already obtained this certification, and together with the synthetic rubber plant at the Kawasaki Plant, the company has decided to sell its products […]
Mitsui Chemicals Receives New ISCC PLUS Certifications Nov. 17, 2022. - sMitsui Chemicals has recently acquired for new ISCC PLUS certifications, an international certification system for sustainable products. This is part of the company’s move to continue acquiring such certifications with the aim to expand social implementation of biomass products based on the mass balance method. Products for which ISCC PLUS certification will be newly available: Product: Ammonia, Product name: Ammonia, Main applications: […]
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 […]
Mitsui Chemicals Opens Digital Science Lab Nov. 22, 2022. - Mitsui Chemicals will open in its Sodegaura Center a new research building – named the Digital Science Lab – to accelerate R&D digital transformation (DX) based on digital science that integrates computational science, data science and high-performance computing. The investment will be approximately 5 billion yen ($35.35 million), with construction scheduled to begin in June 2023 and slated to be […]
Koyo Sealing Techno Develops Oil Seal for BEV Driveshaft Connections Nov. 4, 2022. - Koyo Sealing Techno, a JTEKT Group company, has developed the “JTEKT Ultra Compact Seal” (JUCS), a differential side seal with a shortened width that – in anticipation of the future expansion of the BEV electric vehicle market – contributes to the downsizing of eAxle. The company targets annual sales of approximately 500 million yen ($3.4 million). The differential side seal […]
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 […]
Industry Trends: Signs of Recovery in Automotive Rubber Parts Performance Nov. 15, 2022. - Are we on the way toward a full-fledged recovery in demand? As rubber and plastic product manufacturers continue to announce their first half (April-September) earnings results for the fiscal year ending March 31, 2023, a recovery trend becomes visible in the automobile industry, the main source of demand. With the global economic outlook uncertain, it remains to be seen whether […]
Dow Chemical Japan to Raise Prices of Polyurethane Raw Materials Nov. 11, 2022. - Dow Chemical Japan announced on November 9 that it will raise the prices of raw materials for polyurethane starting from deliveries on December 1. The products subject to the price increase and the range of the price increase 20 percent or more from the current price for polyols (North American and European origin) and polyurethane system products (for the automotive […]
