Tokai Carbon Co. Ltd. (TYO:5301) has posted its full-year business results for 2021, revealing a significant improvement from the previous year. Company-wide sales reached 258.87 billion yen ($2.24 billion), up 28.4 percent year-on-year; operating income was 24.65 billion yen, up 213.6 percent; ordinary income was 24.77 billion yen, up 295.5 percent; and net income was 16.11 billion yen, up from...
Nippon Goodyear KK has announced the domestic launch of two new Goodyear tires: the Eagle F1 Supersport, an ultrahigh-performance tire, and the EfficientGrip Performance 2, a high-performance comfort tire. Sales of the Eagle F1 SuperSport are set to begin on March 1, with the tire being offered in a total of 20 sizes ranging 18–21 inches. The EfficientGrip Performance 2...
Sumitomo Riko Co. Ltd. (TYO:5191) has posted its financial results for the first three quarters of fiscal 2021, revealing sales of 321.5 billion yen ($2.79 million), up by 13.3 percent year-on-year; 1.12 billion yen of business profit, up by 66.4 percent; and a net loss of 4.64 billion yen, improved from a loss of 7.26 billion yen in the same...
Bridgestone Corp. (TYO:5108) is looking to increase its Japanese production capacity for premium passenger car tires. Plans here will see the company carry out improvements at four of its passenger car tire plants: namely, those in Tochigi, Hikone, Hofu and Tosu. Total investment here is slated to come to around 8.2 billion yen ($71.1 million), with construction beginning in the...
Rubber manufacturer Asahi Rubber Inc. has worked with a partner to develop silicone rubber with cup-stacked carbon nanotubes (CSCNTs) dispersed throughout, creating a material that combines high conductivity with optimal hardness. Following a long period of demonstration testing, the new material is set to be used in auto parts that remain usable even under harsh outdoor conditions, and will start...
Sumitomo Rubber Industries Ltd. (TYO:5110) has announced plans to roll out the Dunlop SP LT22 starting March 1. A new all-season tire offering significantly improved all-round wet performance for light trucks and buses, the SP LT22 will be available in a total of 20 sizes, allowing it to be fitted to a wide range of vehicles. The new tire promises...
