Nishikawa Rubber Agrees to Settle in US Antitrust Probe

Nishikawa Rubber Co. Ltd. (TYO:5161) announced on July 20 that it has agreed to plead guilty and pay $130 million in fines for infringement of U.S. antitrust law through the company’s sales of automotive sealing parts. Nishikawa Rubber had fully cooperated with the U.S. Department of Justice in its investigation into the company’s automobile sealing products, and has decided to...

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Bridgestone Sports Announces Upcoming Release of New Golf Gear

Bridgestone Sports Co. Ltd., a subsidiary of Bridgestone Corp. (TYO:5108), is launching a new series of Tour B products under the Bridgestone Golf brand that are designed for athletic golfers. Bridgestone Sports launched the Bridgestone Golf Tour B330 golf ball series in March, followed by the Bridgestone Golf Tour B V10 golf ball series in April. Tour B clubs are...

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Yokohama Rubber Nagano Plant Receives Commendation at Health and Safety Awards

Yokohama Rubber Co. Ltd. (TYO:5101) announced on July 11 that the general manager of its Nagano Plant, Hiroshi Minagawa, had received the 2016 Nagano Labour Bureau Director’s Health and Safety Honorable Mention Award from the Nagano Labour Bureau at the Nagano Prefecture Industrial Health and Safety Awards. As well as receiving recognition for Japan Industrial Safety & Health Association-approved occupational...

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Denka Establishes New Department to Handle Automotive R&D Themes

Chemicals manufacturer Denka Co. Ltd. (TYO:4061) has set up an “Automotive Materials & Solutions Department” under the company’s Electronics & Innovative Products Division. The department will collectively handle new research and development themes undertaken at the request of business units within the Denka Group, with a focus on next-generation automobiles and automotive parts. Denka boasts a solid track record in serving...

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Experimental Monitoring System for Dementia Patients Uses Achilles’ Anti-Wandering Shoes

Three Japanese companies have come up with a novel idea for treating dementia patients in their home country, which is rapidly aging. Achilles Corp. (TYO:5142) has partnered with Tsukui Corp. (TYO:2398), which runs an elderly nursing care business, and Kato-Denki Inc., a company involved in planning and selling security devices for automobiles and general use. The trio will commence a...

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Rubber Goods Exports Decline 18% for May, Down 10th Consecutive Month

The month of May brought a 10th consecutive month of decline for the export value of rubber products, while import value rose for the first time in half a year, 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 May was 63.07...

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