In May 2016, Yokohama Rubber Co. Ltd. (TYO:5101) established the Yokohama Magokoro Fund, which allows employees to contribute to charitable organizations. Employees who wish to donate become members of the fund. Every month, 100 yen is deducted from their salary and accumulated in the fund. This money is then provided as financial assistance to NPOs and NGOs working to address...
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Sumitomo Rubber Industries Ltd. (TYO:5110) is once again participating in the Light-Down Campaign, an initiative led by the Ministry of the Environment to reduce carbon dioxide (CO2) emissions. On June 21, Sumitomo Rubber switched off its outdoor lights between 8 pm and 10 pm at its 478 affiliated facilities across Japan, including its headquarters in Kobe City, group companies, factories...
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Both export and import value for rubber products declined year-on-year for the month of April, according to records collated by the Japan Rubber Manufacturers Association. Sourced from Trade Statistics of Japan, the records show that the value of exported rubber products for April was 76.59 billion yen ($760 million), which makes for a year-on-year decline of 10.8 percent. It was...
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Both production volume and shipment value of rubber hoses was down year on year for the month of April, according to records collated by the Japan Rubber Hose Manufacturers Association. Based on statistics from Japan’s Ministry of Economy, Trade and Industry, the records reveal that production volume of hoses for April was 2,700 tons in terms of new-rubber volume, which...
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Sumitomo Riko Co. Ltd. (TYO:5191) has opened a new training facility at its main automotive hose production center in Matsusaka, Mie Prefecture. Known as “Matsusaka Shikokan,” the training facility was established in order to improve the skills of the personnel who will support future growth for Sumitomo Riko. It includes an “F Lab” for implementation of the “F-Ken” foreman-training program,...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently provided 775 saplings for the Kakegawa Shiosai Tree-planting Festival, held on June 11 in the city of Kakegawa, Shizuoka Prefecture. Fifty-eight employees of the company also volunteered their time to help out. This is the second year in a row that Yokohama Rubber has offered saplings as a form of reforestation assistance to prevent...
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