The Japan Construction Equipment Manufacturers Association (CEMA) recently announced its forecast for construction machinery demand in fiscal 2023 (April 2023-March 2024), with shipments expected to reach a record 3.05 trillion yen ($23.14 billion), up 341.5 billion yen from the previous forecast announced in August 2022. This would be the first time for the value of shipments to exceed 3 trillion...
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Bridgestone will join as title sponsor the FIA (Federation Internationale de l’Automobile) “ecoRally Cup,” a rally competition to determine the most efficient use of electricity by vehicles. The new event will be called the “Bridgestone FIA ecoRally Cup” and Bridgestone and the FIA will support the ecoRally Cup through a multi-year partnership agreement. The Bridgestone FIA ecoRally Cup will respond...
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The Japan Automobile Tyre Manufacturers Association (JATMA) has recently confirmed that the project for restoring Kama City to its original state through the removal of waste tires has been completed. JATMA decided on January 7, 2022 to grant support funds of 17.1 million yen ($128,000) to the city, receiving a letter of appreciation for its support. The association removed 250.14...
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The Japanese Rubber Workers Union Confederation (JRC), an organization of labor unions in rubber companies, has submitted its demands for the improvement of living standards for the spring season of 2023. As of March 8, 50 unions had submitted their demands, according to a survey conducted by JRC. According to the survey, 39 unions submitted an average wage increase (weighted...
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Yokohama Rubber said it will sign a partnership agreement with swimmer Rikako Ikee to work with the company. At the announcement held on March 6, President Masataka Yamaishi said, “Our company has entered into a partnership agreement with Rikako Ikee effective April 1. I believe that many people in Japan were encouraged by the way she never gave up and...
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According to the Feb. 14 report on rubber product production and shipments published by the Ministry of Economy, Trade and Industry (METI), the total value of rubber product shipments in 2022 (January-December) was 2.3 trillion yen ($22.72 billion), up 5.1% from the previous year, marking the second consecutive year of year-on-year growth. By product category, the value of rubber products...
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