Yokohama Rubber President Comments on Sales Growth

Yokohama Rubber Co. Ltd. (TYO:5101) President Masataka Yamaishi has said that his company’s tire business saw robust sales of new vehicle tires for 2017, with China in particular far exceeding last year’s record. Speaking at a year-end press conference, Yamaishi noted year-on-year increases to both sales volume and revenue for retail tires, where the company’s domestic focus was on high-value-added...

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New Walking Trainer to Utilize Bridgestone’s Rubber Pneumatic Artificial Muscles

Bridgestone Corp. (TYO:5108) recently announced that it has joined with Tokyo Medical and Dental University Professor Kenji Kawashima to develop a walking training machine aimed at helping improve the health of senior citizens. Looking toward commercialization, the company plans to begin verification testing for the machine in 2018. The walking training machine under development uses rubber pneumatic artificial muscles developed...

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Osaka Soda to Raise Epichlorohydrin Rubber Prices in January 2018

Osaka Soda Co. Ltd. (TYO:4046) will raise the price of its Epichlomer line of epichlorohydrin rubber by 35 yen ($0.31) per kilogram for shipments beginning Jan. 10, 2018. The company said that it has tried cost-cutting to deal with rising raw material prices. However, tighter epichlorohydrin supplies relative to demand, coupled with increasing prices for monomers and other primary ingredients,...

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Toyo Tires and Nitto to Feature at Tokyo Auto Salon 2018

Toyo Tire & Rubber Co. Ltd. (TYO: 5105) will set up booths for its Toyo Tires and Nitto brands at Tokyo Auto Salon 2018, which is to be held at Makuhari Messe from Jan. 12, 2018. The Toyo Tires booth will showcase the brand’s worldview of supporting a true driving experience in an immersive and dynamic space. The booth will present...

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Transmission Belt Demand up for General Industrial Products, Flat for Auto Products

The Japan Belting Manufacturers Association is forecasting 11,817 tons of demand for domestically produced transmission belt products during 2017, virtually unchanged from the previous year. While automotive-related demand has somewhat declined, demand has been strong for general industrial belting. Growth was driven by applications for semiconductors, injection molding machinery, machine tools and industrial robots. Transmission belt production from January through...

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Sumitomo Riko Aims to Bolster Overseas Production of Non-Automotive Products

Sumitomo Riko Co. Ltd. (TYO:5191) is gearing up to grow its business for general industrial products in non-automotive sectors. These plans include starting overseas production of water-developable flexographic printing plates and increasing the company’s overseas production bases for anti-vibration rubber for use in railcars. Sumitomo Riko will establish a production base for water developable flexographic printing plates in Turin, Italy,...

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