In December 2022, Japan Rubber Weekly conducted a survey of the rubber and plastic products manufacturing industry regarding business conditions and outlook in fiscal 2023. According to the survey results, business confidence is on a recovery trend and is expected to remain so in the future. Although sales are increasing due to demand recovery, ordinary income is not growing as...
Toyo Tires has been selected as a “good business to partner with” as part of the second Car–Society Partnership Awards, which are run annually by the Automobile Business Association of Japan. The company was chosen following an evaluation of its project to convey gratitude to everyone involved in truck logistics, as well as its commercialization of the M937 studless winter...
The Japan Rubber Manufacturers Association (JRMA) has released its estimate for new rubber consumption in 2022 and its forecast for 2023. According to the report, in 2022, both Japanese domestic shipments and exports of mainstay automotive tires exceeded the previous year’s levels on a unit basis, but on a rubber volume basis, they were slightly below the previous year’s levels....
Toyoda Gosei, a member of the Toyota Group, and Asics, a major sports equipment manufacturer, have launched a line of sustainable sneakers using scrap materials from airbag fabrics, which will be available from Jan. 26 at Asics’s online store and other retailers. Toyoda Gosei has been transforming difficult-to-recycle scraps of airbag fabric and genuine leather handlebars into bags, pen cases,...
Kuraray said on Jan. 16 that it will on Feb. 1 raise the price of its Genestar heat-resistant polyamide resin for shipments in Japan and overseas. The range of the price increase is as follows: Filler-reinforced grades: 60 yen per kilogram for Japanese domestic shipments, $0.50 per kilogram for overseas shipments Glass fiber-reinforced halogen flame-resistant grades: 150 yen per kilogram...
Bridgestone announced on Jan. 20 that it will raise the manufacturer ex-shipment prices of tires for Japanese commercial use of summer tires and winter tires on April 1 and July 1, respectively. This will be the third price increase for Japanese after-market tires since 2022. The price increases will apply to commercial summer and winter tires, tubes, and flaps. The...
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