Report: Impact of the Shanghai Lockdown on Japanese Rubber Industry Jul. 4, 2022. - The lockdown implemented in Shanghai, China’s largest economic city, had a significant impact on the lives of citizens and supply chains. The impact on the supply chain was particularly large, and the future situation is uncertain. Although the number of infected people has been decreasing due to the Chinese government’s Zero Corona Policy, some are concerned that the lockdown may […]
Yokohama Rubber Plans September Launch for the 905W, a New Truck & Bus Tire for Icy & Snowy Roads Jul. 1, 2022. - Yokohama Rubber Co. Ltd. (TYO:5101) is planning a September domestic launch for the 905W, a truck and bus tire made with a focus on ice and snow performance. Set to be offered through Yokohama tire distributors across Japan, the new tire will come in a total of 12 sizes, ranging from 295/80R22.5 to 225/90R17.5. As a next-gen studless winter tire […]
Report: Impact of the Shanghai Lockdown on Japanese Rubber Industry Jul. 4, 2022. - The lockdown implemented in Shanghai, China’s largest economic city, had a significant impact on the lives of citizens and supply chains. The impact on the supply chain was particularly large, and the future situation is uncertain. Although the number of infected people has been decreasing due to the Chinese government’s Zero Corona Policy, some are concerned that the lockdown may […]
Tokyo Zairyo Posts 47.11B Yen Sales Revenue in Wake of Increased Synthetic Rubber Sales Jun. 29, 2022. - Tokyo Zairyo Co. Ltd., a raw materials trading firm under the Zeon Group, has posted its business results for fiscal 2021 – revealing sales revenue of 47.11 billion yen, ordinary profit of 2.46 billion yen and net profit of just under 1.7 billion yen. With the company having applied changes including a new revenue recognition standard from the start of […]
Yokohama Rubber Plans September Launch for the 905W, a New Truck & Bus Tire for Icy & Snowy Roads Jul. 1, 2022. - Yokohama Rubber Co. Ltd. (TYO:5101) is planning a September domestic launch for the 905W, a truck and bus tire made with a focus on ice and snow performance. Set to be offered through Yokohama tire distributors across Japan, the new tire will come in a total of 12 sizes, ranging from 295/80R22.5 to 225/90R17.5. As a next-gen studless winter tire […]
Bridgestone Plans Domestic Price Hike for Aftermarket Tires Starting September Jun. 27, 2022. - Bridgestone Corp. (TYO:5108) announced on June 24 that it will be raising its manufacturer’s selling prices for domestic aftermarket tires as of Sept. 1. The change is set to apply to Japanese sales of aftermarket summer and winter tires, as well as tubes and flaps. Prices will rise by 3–8 percent depending on the specific product. In commenting on this […]
Nitta Breaks Ground on New Production Building for Namd CNT–CF Compounding Jun. 21, 2022. - Nitta Corp. (TYO:5186) recently held a ceremony to mark the start of construction for an eighth building at its Nara Plant. Construction of the new building is set to be finished by the end of March 2023 for a total cost of 650 million yen ($4.81 million), with operations then beginning in June. The building will be used for production […]
Mitsuboshi Belting Reports Double-Digit FY2021 Sales Growth Jun. 2, 2022. - Mitsuboshi Belting Ltd. (TYO:5192) has reported increases to both sales and profits for the fiscal year through March 2022. Sales increased 15.4 percent from the previous year to 74.87 billion yen ($580 million), while operating income increased 53.8 percent to 7.64 billion yen. The company noted that business began to recover gradually during the second half of fiscal 2020, with […]
Kraton to Raise Japanese Prices on SEBS and SEPS Polymers Jun. 28, 2022. - The Japanese arm of Kraton Corp. announced on June 21 that it will be raising prices on its Kraton G SEBS and SEPS offerings, both types of hydrogenated styrenic block copolymer. Set to come into effect on July 15, the price hike will see prices here rise by 45 yen ($0.33) per kilogram. Commenting on the move, Kraton noted a […]
Zeon to Raise Synthetic Rubber, Latex Prices Jun. 20, 2022. - Zeon Corp. (TYO:4205) plans to raise its prices for synthetic rubber and synthetic latex beginning with July 1 deliveries. The price of ESBR synthetic rubber is to be increased by 20 yen ($0.15) per kilogram; BR, by 35 yen; NBR and PB, each by 50 yen; and ECO, by 90 yen. The CM price will be revised in accordance with […]
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 […]
Sumitomo Riko Wins Aichi Invention Award With Finesulight Jun. 30, 2022. - Sumitomo Riko Co. Ltd. (TYO:5191) has seen Finesulight, a thin heat-insulating material, win the 2022 Aichi Invention Award issued by the Aichi Institute of Invention. Finesulight sees silica aerogel, a heat-insulating filler with pores small enough that even air is unable to move significantly, turned into paint form. The material is then coated onto base materials such as nonwovens or […]
Inoac Develops Plant-Based Polyolefin Foam Jun. 8, 2022. - Inoac Corp. has succeeded in the domestic development of PE-Lite AB-100F, a plant-based polyolefin foam with a biomass content of at least 25 percent. The new foam was developed in response to a range of social issues, including marine pollution by microplastics, the drying up of petroleum and fossil resources, and issues relating to waste disposal. By using a raw […]
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, […]
