Bridgestone has signed an agreement to transfer its group company, Mexico Carbon Manufacturing (MXCB) — a manufacturer and seller of carbon black — to Cabot Corporation. The move is part of Bridgestone’s ongoing initiatives to accelerate the establishment of a foundation for “growth with quality.” In its premium tire business, the company is pursuing enhanced productivity and creativity across the...
Zeon announced its financial results for the first quarter (April–June 2025) of the fiscal year ending March 31, 2026. The company recorded sales of 103.08 billion yen ($701.14 million), a 2.8% decrease compared to the same period last year. Despite the decline in revenue, operating profit rose significantly by 34.2% to 12.13 billion yen. Ordinary profit stood at 11.97 billion...
Sumitomo Riko released its financial results for the first quarter (April–June 2025) of the fiscal year ending March 31, 2026. The company recorded sales of 154.78 billion yen ($1.05 billion), a 1.8% decline compared to the same period last year. However, operating profit rose by 14.5% to 9.71 billion yen, while net profit declined slightly by 2.7% to 5.76 billion...
Toyoda Gosei announced its financial results for the first quarter (April to June 2025) of the fiscal year ending March 31, 2026. Although revenue declined, the company achieved higher operating profit due to factors such as increased sales volume and improvements in cost efficiency. Consolidated revenue for the quarter was 260.42 billion yen ($1.77 billion), a 1.5% decrease compared to...
Sumitomo Rubber has announced the adoption of circular carbon black in some of its racing tires, marking a significant step in the company’s circular economy initiative known as Towanowa. This marks the company’s first application of resource-circulated carbon black in tire production. The new racing tires were used in the GT300 class of the 2025 Autobacs Super GT Round 4...
Yokohama Rubber has announced that it has acquired an additional 22.98% stake in Shandong Yokohama Rubber Industrial Products, a consolidated subsidiary engaged in the production and sales of conveyor belts in China. With this acquisition, combined with the 77.02% stake it already held, the company has made Shandong Yokohama a wholly owned subsidiary. The transaction was completed on July 18....
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