Market Background

Rubber Belt Production Down 10% for January–June

According to statistics recently collated by the Japan Belting Manufacturers Association, production volume of rubber belts for January–June 2016 has fallen 10 percent year on year, down at 13,201 tons. Shipment value was similarly down, with close to a double-digit fall for an estimated 32 billion yen ($314.015 million). This was influenced by lowered demand domestically and overseas for conveyor...

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Seiji Ozawa Conducts Lanxess-sponsored Classical Music Concert in Tokyo

The Ozawa International Chamber Music Academy Okushiga (OICMA), directed by Seiji Ozawa and established with a founding grant and ongoing sponsorship from Lanxess KK, performed a concert on Aug. 1 at Hakuju Hall in Tokyo’s Shibuya-ku Ward. Established in 2011, OICMA’s mission is to train numerous stringed instrument performing artists by developing the talents of especially gifted young musicians from...

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JRW Survey: Human Resources, Globalization Top Business Challenges for Rubber Manufacturers

In a recent Japan Rubber Weekly survey, a majority of management executives from 171 manufacturers of tires, industrial rubber and resin products expressed pessimism about the economic recovery (read related article here). Asked specifically about what business problems were cause for concern, executives primarily pointed to (1) rapid exchange-rate movements, coming on 55.5 percent of the responses; (2) economic trends,...

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JRW Survey: Majority of Rubber Manufacturers Pessimistic About Economic Recovery

In a recent survey conducted over the first half of July, Japan Rubber Weekly (JRW) spoke to management executives from 171 manufacturers of tires, industrial rubber and resin products about their respective business conditions and financial outlooks. JRW received responses from 121 companies, 70 percent of those surveyed. Asked about the current market state of their respective industries compared to...

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JATMA Mid-year Review: Automobile Tire Demand to Decrease Slightly in 2016

Demand for automobile tires in Japan is expected to decrease for a second consecutive year, according to the mid-year review of domestic tire demand for 2016 published by the Japan Automobile Tire Manufacturers Association (JATMA) on July 21. The review places gross demand for tires including those for special and two-wheeled vehicles at 117.366 million units, a decline of 1.837...

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JATMA Posts “Tyre Industry of Japan 2016” on Official Website

The Japan Automobile Tyre Manufacturers Association (JATMA) has published the 2016 edition of “Tyre Industry of Japan.” It is available for free download as a PDF file on JATMA’s official website in English here. In addition to containing multiple reference data – including figures, tables and graphs – the document features an overview of JATMA, its member organizations, a brief history...

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