The Japan Automobile Tyre Manufacturers Association (JATMA) has established a voluntary industry standard for the testing and labeling of low-noise tires. Part of JATMA’s efforts to promote the use of tires that minimize external noise, the labeling system for the new operational standard for test methods and labeling methods for low exterior noise tires is set to begin operation in...
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New Bando Conveyor Belt Offers High Detachability, Slideability
Bando Chemical has launched sales of a non-adhesive belt for food product use that it has named Mr. Silky Coat, a new addition to its Sunline Belt lineup of light-duty conveyor belts. The use of the hybrid material in which the belt surface is impregnated with silicone-modified polyurethane gives the belt a surface for transporting materials that is high in...
Sumitomo Rubber’s Tire Business Posts 17% Sales Gain for January–March
The first quarter of calendar 2022 saw Sumitomo Rubber Industries Ltd. (TYO:5110) post IFRS-based results that included 250.51 billion yen ($1.96 billion) in sales revenue, marking a 17.2 percent year-on-year increase. The tire business contributed to that amount with 210.87 billion yen of sales revenue, up 16.9 percent, as well as a 20.5 percent year-on-year increase in operating profit to...
Denka Posts 8.6% Year-on-Year Sales Increase for FY2021 as Demand for Chloroprene Rubber Recovers
Denka Co. Ltd. (TYO:4061) has posted sales revenue of 384.85 billion yen ($3.02 billion) for fiscal 2021, up 8.6 percent year-on-year; an operating income of 40.12 billion yen, up 15.5 percent; ordinary income of 36.47 billion yen, up 13.5 percent; and net income of 2.01 billion yen, up 14.2 percent. Each of these figures mark new record highs for the...
Toyoda Gosei Selected for GaN Power Semiconductor Development as Part of CO2 Reduction Project
Toyota Group company Toyoda Gosei Co. Ltd. (TYO:7282) has been selected alongside Panasonic Corp. (TYO:6752), Nagoya University and Osaka University to develop next-gen gallium nitride (GaN) power semiconductors as part of a Japanese government project. Run under the Ministry of the Environment (MoE), these efforts will form the “FY2022 Project for Acceleration of Social Implementation and Dissemination of Components (GaN)...
Bridgestone Announces Sweeping Sales, Profits Increases in January–March Results
Bridgestone Corp. (TYO:5108) has announced its business results (IFRS) for the January–March, which include sales revenue of 891.01 billion yen ($6.96 billion), up 22.5 percent year-on-year; adjusted operating profit of 101.1 billion yen, up 19.2 percent; and net profit, including that for discontinued operations, of 53.84 billion yen, down 81.1 percent. Net profit was significantly lower due to a one-time...
