Yokohama Tire Renews Sponsorship Contract With Los Angeles Angels

Yokohama Tire Corp. (YTC), a U.S. subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101), has renewed its contractual partnership with Major League Baseball team the Los Angeles Angels for 2018–2020. Based on the agreement, the Yokohama logo will be displayed at the team’s home ballpark, Angel Stadium of Anaheim. The move comes as a bid to increase Yokohama Rubber’s brand awareness...

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Yokohama Rubber Targets Sales Growth for Highly Abrasion-Resistant Conveyor Belts

Yokohama Rubber Co. Ltd. (TYO:5101) is working to expand sales of Tuftex α, a material that excels when used to make conveyor belts for reclaimers, which move bulk amounts of resources like iron ore and coal from stockpiles. Tuftex α conveyor belts feature the world’s highest level of abrasion resistance, which has earned them a strong reputation at reclaimer job...

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Toyo Tires Launches Website for New Airless Concept Tire

Toyo Tire & Rubber Co. Ltd. (TYO:5105) launched a special website on April 3 to showcase the technology of its near-future airless concept tire, the Noair. By making fundamental changes to the structure of its past prototypes, Toyo Tires has drastically improved the Noair’s performance in several metrics, including durability, exterior noise levels and fuel efficiency. The company has successfully...

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Bridgestone Answers Range of Questions at General Shareholders Meeting

Bridgestone Corp.’s (TYO:5108) general shareholders meeting on March 23 was attended by 299 shareholders and ended in one hour and 40 minutes. The meeting saw 11 shareholders put forth a total of 17 questions to the board, with these including queries as to where things stand concerning female promotion into managerial positions and what efforts are being made to revise...

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Half of Japan’s Rubber Manufacturers Miss New Graduate Hiring Target

A recent Japan Rubber Weekly survey has found that, between the 23 major rubber and synthetic rubber manufacturers who responded, a total of 1,096 new graduates have been hired in the Japanese rubber industry for spring 2018. This figure is down by 21 graduates, or 1.9 percent, from the 1,117 new graduates hired by the respondents last spring. However, 10...

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Sumitomo Rubber Answers Shareholder Questions on Business Performance and Plans

Sumitomo Rubber Industries Ltd. (TYO:5110) held a general shareholders meeting on March 29, with the company fielding questions from shareholders on three main topics: sales strategy in regions where the Dunlop brand is struggling, the impact of the recent strong yen, and responses to the trend toward electric vehicles (EVs). A Sumitomo Rubber representative noted that in Europe, the U.S.,...

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