The Japan Automobile Tyre Manufacturers Association (JATMA) has revamped its membership system, introducing a new associate membership system as of April 1, 2016. On the same date, two companies — Nihon Michelin Tire Co. Ltd. and Nippon Goodyear Ltd. — were registered as associate members. The establishment of this new membership system reflects the fact that tires are a global...
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The settlement results for labor force wages and annual bonuses have started to come out from the “spring offensive” negotiations in Japan. The Japanese Rubber Workers Union Confederation is comprised of 58 member unions. Forty-eight of those put forth wage demands to the companies of the unions’ respective labor forces, from which 20 unions have reached conclusions. Regarding annual bonuses, 45...
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Japan’s rubber machinery manufacturers are increasingly cashing in on demand for maintenance and modifications to raise efficiency and add advanced features rather than new orders. This has come amid decreasing capital spending on production facilities, triggered by shrinking domestic manufacturing of automotive rubber parts and general industrial rubber products as a result of a decline in domestic production of automobiles...
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In January 2016, the shipment value of rubber products in Japan fell by 6 percent to 160 billion yen ($1.41 billion), the seventh consecutive month of year-on-year decreases, according to Japan’s Ministry of Economy, Trade and Industry (METI). Automobile tire production was down 67 percent to 10.72 million tires, the 14th consecutive month of year-on-year decreases. Meanwhile, the value of...
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Japan’s import volume of natural rubber for January 2016 increased by 1 percent year-on-year to more than 58,000 tons, rising for the first time in five months, according to the Rubber Trade Association of Japan. However, the import value plunged by 18 percent to 9.26 billion yen ($81.7 million), declining for the fifth month in a row. The average import...
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Employers in the rubber industry are increasingly expanding business operations and beefing up production by increasing their workforces, according to a spring 2016 hiring status survey of 31 major rubber industry companies. The survey by Japan Rubber Weekly also indicated that the number of firms increasing the number of new hires this year compared to the previous year has grown...
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