Asahi Kasei posted sales of 670.44 billion yen ($5.02 billion) in the first quarter from April to June of the fiscal year ending March 2023, up 14.9 percent year-on-year. Operating profit was 49.36 billion yen, down 18.4 percent, ordinary profit stood at 51.53 billion yen, down 20.9 percent, and net profit was 29.83 billion yen, down 35.7 percent. Environmental Solutions,...
News
Kumho Tire Japan Raises Tire Prices in All Categories
Kumho Tire Japan will raise wholesale tire prices in all categories. The price increase will be implemented from September 1 for winter tires and from October 1 for summer and all-season tires with an average increase of 5 percent, depending on the product and size. The company said that in addition to soaring raw material prices, production and transportation costs...
Mitsui Chemicals Launches Services for Distributed Solar Power Generation Businesses
Chemicals company Mitsui Chemicals this month launches technical due diligence services aimed mainly at distributed solar power generation companies that are operating or planning to operate at multiple solar power generation sites. The company has started its solar power generation diagnostic business in 2014. The new service is part of an online diagnostic service it has been developing since August...
Mitsuboshi Belting Accelerates Efforts to Become Carbon Neutral by 2050
Automobile transmission belt manufacturer Mitsuboshi Belting has switched the energy used at its Kobe Works and Shikoku Plant to alternative sources that can contribute to reducing carbon emissions. The move follows the installation of solar systems on the roofs of the Kobe Works’ Central Plant’s third and fourth buildings in November 2021 and is part of the company’s efforts to...
Yokohama Rubber’s Alliance Tires Selected as OE for Agricultural Machinery
Yokohama Rubber has started supplying its Alliance Agri Star II tires as OE for the YT3R tractor series from Yanmar Agribusiness. Supply began this June, with the tires set for use in the YT330R, YT333R, YT338R and YT345R models specifically. The deal will see four tire sizes fitted to these tractors: 280/70R16 112D, 280/70R18 114D, 380/70R24 125D and 380/80R28 127D....
Bridgestone Supports Displaced Ukrainian Students
Bridgestone supports the efforts of Japan University of Economics to accept displaced students and international students from Ukraine, and has decided to provide internships and plant tours for those accepted by the university. The internship period will run from August 29 to September 9 and from January 26 to March 20, for a total of 14 students. In addition, the...
