Rubber Industry Forecast ’16 (Part 3)—One-Third of Traders Expect Stagnation

Trading Companies Part 1—A recent survey of trading companies in Japan conducted by Japan Rubber Weekly found that about 70 percent of respondents saw tough times ahead in 2016. The survey of 330 trading companies in Japan received 203 responses (62 percent response rate). Trading companies play a crucial role in Japan’s distribution.

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Rubber Industry Forecast ’16 (Part 2)—50% of Manufacturers Expect Higher Sales

Manufacturers Part 2—Under 1 percent of respondents answered that they expect "double-digit growth" for "forecast (planned) 2016 net sales," while roughly half the companies, or 48 percent, forecast "single-digit growth." A total of only 14 percent of respondents forecast either "single-digit" or "double-digit" declines in revenues.

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Rubber Industry Forecast ’16 (Part 1)—Manufacturers Expect Stable or Better Performance

Manufacturers Part 1—A recent survey conducted by Japan Rubber Weekly found that over half of respondents, or 54 percent, expect the rubber industry's performance to remain "stable" in 2016, while 23 percent believe it will be "somewhat better" or "better." Meanwhile, 21 percent responded that it will be "somewhat worse" or "worse."

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Brisk Auto Parts Business in China—Hokusay Rubber

New Year’s Top Interview—Increases in sales of automotive components in China have kept sales up at Hokusay Rubber Industry Co. Ltd., company President Shinichi Yoneya said in a recent interview with Japan Rubber Weekly.

A manufacturer of industrial rubber products in Japan’s Hokuriku area, Hokusay boasts strong business performance in the areas of automotive weather strip and construction gasket products.

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Doubling Size of Technical Center—Yasufuku Rubber

New Year’s Top Interview—Although his company has no immediate plans to open new bases, it is in the midst of aggressively expanding existing facilities, said Tadaaki Yasufuku, president of Yasufuku Rubber Industries Co. Ltd., speaking about what’s in store for the company in a recent interview with Japan Rubber Weekly.

With a total of eight bases in the six countries of Japan, the U.S., Indonesia, Vietnam, Brazil and Thailand, Yasufuku Rubber makes rubber components for automobiles and recreational vehicles including motorcycles, ATVs and jet skis.

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Step Up Production, Sales and Development—Kuraray

New Year’s Top Interview—In an interview with Japan Rubber Weekly, President Shinichi Yasue of Kuraray Plastics Co. Ltd. (TYO:3405) said that re-organizing the company into divisions has fostered a greater sense of togetherness in each of the units with regard to manufacturing, sales and development. He aspires for the rubber and plastics maker to achieve higher revenues and profits in 2016 through this new tripartite organization.

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