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First-Half Rubber Belt Production Down 2% Year-on-Year

on August 9, 2018 in Industry, Market Background

Japan’s total production of rubber belts for January–June declined 2 percent year-on-year to 13,169 tons, according to a set of rubber and resin belt statistics recently released by the Japan Belting Manufacturers Association. Factors behind this included a fall in domestic demand for conveyor belts and flat demand, both domestically and in exports, for transmission belts. Looking specifically at rubber...

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China Issues Preliminary Ruling on NBR Anti-Dumping Duty: Zeon Faces 30%, JSR 18.1%

on August 6, 2018 in Industry

China has issued a preliminary ruling on an anti-dumping duty targeting nitrile rubber (NBR) imports from Japan and South Korea. This follows the country’s Ministry of Commerce having announced this duty on July 16. Under the new anti-dumping duty, Japan’s Zeon Corp. (TYO:4205) is required to pay a deposit of 30 percent on its NBR exports to China, with this...

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Food Industry: A Very Appealing Market for Belt Manufacturers

on August 1, 2018 in Industry

Belt manufacturers are strengthening their marketing efforts in the food industry. A look at sales performance among buyers of resin conveyor belts indicates that food-related companies are the largest customer category, accounting for more than 30 percent of demand. Given the stability of demand expected in this market, manufacturers across the board are focusing their efforts on new product offerings...

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JATMA Releases Midyear Update to 2018 Tire Demand Forecast

on July 27, 2018 in Industry, Tires

The Japan Automobile Tyre Manufacturers Association (JATMA) has revised its forecast of tire demand for the business year through next March. Total domestic demand in the updated forecast – covering four-wheel vehicles, two-wheel vehicles and non-four-wheel specialty vehicles – was upwardly revised by 75,000 tires. But with higher figures having been confirmed for 2017 since the previous forecast, this still...

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Zeon Subsidiary Tokyo Zairyo Sees Profit Rise for Ninth Straight Year

on July 9, 2018 in Industry, Materials

Tokyo Zairyo Co. Ltd., a Zeon Corp. (TYO:4205) subsidiary focused on the trading of raw materials, has shown strong financial results for the fiscal year ending March 2018. Fiscal 2017 saw the company generate 93.28 billion yen ($844.28 million) in sales, up 7 percent year-on-year; 1.99 billion yen in ordinary profit, up 2.6 percent; and 1.54 billion yen in net...

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Japan’s Footwear Market Sees Supply Rise for First Time in Four Years

on July 5, 2018 in Industry

Japan’s market for footwear saw its overall supply rise by 1.7 percent year-on-year for 2017, reaching a total of 704.06 million pairs of shoes for the year. This represents the first increase to the figure in four years, as well as the country’s first time in three years to break through the 700 million mark. Total domestic production – including...

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