Tigers Polymer Corp. (TYO:4231) President Kentaro Watanabe recently sat down with Japan Rubber Weekly to talk about his company’s overseas operations for 2017 and where he expects to see things go here moving forward. Sales for the industrial rubber and resin products manufacturer are generally in good shape across the Americas, Southeast Asia and China, Watanabe said, particularly in China....
Mitsui Chemicals Posts Record Profits for April–December Period
Mitsui Chemicals Inc. (TYO:4183) has posted record-high net, ordinary and operating profit figures for the combined first three quarters of fiscal 2017 (April–December). Sales for the period totaled 959.83 billion yen ($8.78 billion), up 10.3 percent from the same period in the previous year. Operating profit was 75.74 billion yen, up 5.7 percent year-on-year; ordinary profit was 78.85 billion yen,...
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Zeon Sees 22% Sales Increase in Elastomer Business for First Three Quarters
Zeon Corp. (TYO:4205) has posted 146 billion yen ($1.33 billion) in sales for its elastomer materials business over the first three quarters of fiscal 2017, marking a year-on-year increase of 22 percent. The sales figures included a 29 percent increase in rubber, totaling 104.1 billion yen; a 14 percent in increase in latex, reaching 14.5 billion yen; and a 6...
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Toyoda Gosei to Launch New Steering Wheel for Accident Prevention
Toyoda Gosei Co. Ltd. (TYO:7282) will begin sales of an aftermarket steering wheel that activates an alert upon detecting that the driver has taken his or her eyes off the road or started to fall asleep. The product was developed to prevent semi-trailer truck accidents, which can often lead to more damage than passenger vehicle accidents, and will be sold...
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Yokohama Rubber Launches Indoor On-Ice Test Facility in Hokkaido
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has established an indoor facility for testing the on-ice performance of winter tires at the company’s Tire Test Center of Hokkaido (TTCH) in Asahikawa. By establishing the new test facility, Yokohama Rubber is looking to further improve the performance of its winter tires. The new facility began operations on Jan. 5,...
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CEOs of 11 Tire Makers Meet in US to Discuss Environment, Health, ELTs
CEOs from major Japanese tire manufacturers such as Bridgestone Corp. (TYO:5108), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105), along with their counterparts from Europe, the U.S. and South Korea, gathered in California on Nov. 17, 2017 for a seventh meeting of global tire industry CEOs. In total, the event was attended by leaders from...
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