Industry

Toyo Tires to Sponsor 2022 Sanriku Fireworks Festival

Toyo Tire Corp. (TYO:5105) is set to sponsor the 2022 Sanriku Fireworks Festival, which will be held in Rikuzentakata, Iwate, on April 29 and October 8. The Sanriku Fireworks Festival is an event that was started by volunteers from the Sanriku Coast – an area hit hard by the Tohoku earthquake and tsunami of 2011 – in the hope of...

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Zeon Transitions Four Production Sites to Getting 100% of Energy From Renewables

Zeon Corp. (TYO:4205) recently announced that it has had four of its domestic production bases – the Takaoka Plant, Himi Futagami Plant, Tsuruga Plant and Tokuyama Plant – switch their energy procurement over to 100 percent renewable energy as of April 1. Further, the company has agreed to the purchase of carbon-neutral LNG at its Takaoka Plant, as well as...

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Special Report: Prices Rise on Flood of Rubber-Related Products & Raw Materials

With raw material prices, logistics expenses, utility costs and more continuing to surge, companies are going about hiking prices on a range of rubber-related products and raw materials. Various price rises reported by Japan Rubber Weekly from January through early April – as well as the subsequent increases in all sorts of costs – are impacting not only broader society...

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Toyoda Gosei to Establish New Plant in South China for Airbags and More

Toyota Group company Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it will establish a new plant in Guangdong, China, to bolster its production of airbags and steering wheels, which are major products for the manufacturer. The new plant will be established as a branch plant of subsidiary Toyoda Gosei (Foshan) Auto Parts Co. Ltd. With investment set to total...

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Bridgestone Included in Major ESG Investment Index for Fourth Year Straight

Bridgestone Corp. (TYO:5108) recently announced that it has been selected for inclusion in the FTSE4Good Index Series for the fourth consecutive year. A widely recognized ESG investment index, the FTSE4Good Index Series was developed by FTSE Russell, a major global index provider that operates as part of the London Stock Exchange Group. The index sees large-scale companies around the world...

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Sumitomo Rubber Employees to Donate 14.7M Yen Across 56 Organizations

Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that the Sumitomo Rubber CSR Fund, which is funded by employee volunteers, will donate a total of 14.7 million yen ($120,465) across 56 organizations this year. The Sumitomo Rubber CSR Fund provides support to NPOs and volunteer organizations working on the likes of environmental conservation, disaster support, traffic safety and local issues, with...

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