Okamoto Industries Inc. (TYO:5122) President Yoshiyuki Okamoto believes that his company this year will likely be able to maintain the business performance that it saw with automotive products in 2017. Sitting down for an interview recently with Japan Rubber Weekly, Okamoto said that he expects these products to keep up sales levels, particularly in the U.S. and China, though he...
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Japan Rubber Weekly conducted a survey among the country’s rubber and resin product manufacturers midway through December 2017, looking to get their respective takes on the current climate of the rubber industry. Of the 169 companies that received the survey, 119 responded, making for a 70.4 percent response rate. When asked how sales will pan out for fiscal 2017, 44.2...
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Toyo Tire & Rubber Co. Ltd. (TYO:5105) and Kyoto-based electric vehicle (EV) maker GLM Co. Ltd. have agreed to collaborate in developing a suspension module for EVs. The two partners aim to develop an active air suspension system that adapts to road conditions to alleviate shaking and vibration, with a commercial product to come sometime during 2020. GLM will provide...
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Zeon Corp. (TYO:4205) President Kimiaki Tanaka recently spoke with Japan Rubber Weekly about how the accelerating trend toward electric vehicles (EVs) will impact his company. Tanaka said that specialty rubber, which is used in parts around automotive engines and is central to the company’s earnings, will be used less and less as the industry continues its march toward EVs. Zeon...
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JSR Corp. (TYO:4185) President Mitsunobu Koshiba is hoping to see stable earnings for his company’s elastomer business. But to achieve this, he recently told Japan Rubber Weekly, JSR will need to take its marketing efforts for the sector onto the global stage. Koshiba said that his company’s elastomer business still has its sales largely directed at the Japanese domestic tire...
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The Japanese market is witnessing a decline in demand for automotive belts, says Hajime Kakiuchi, president of major automotive belts and parts manufacturer Mitsuboshi Belting Ltd. (TYO:5192). Sitting down recently for an interview with Japan Rubber Weekly, Kakiuchi said that the drop-off comes as a consequence of not only the shift to electric vehicles (EVs) but also with the expanded...
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