Shin-Etsu Polymer Co. Ltd. (TYO:7970) has released its business results for the third quarter of fiscal 2021, revealing sales of 68.89 billion yen ($600.44 million), up 23.5 percent year-on-year; an operating profit of 7.46 billion yen, up 59.9 percent; an ordinary profit of 7.71 billion yen, up 61.1 percent; and a net profit of 5.65 billion yen, up 62.4 percent....
Toru Koyama, president of Toyoda Gosei Co. Ltd. (TYO:7282), gave some insight recently into the company’s plans for 2022, which will center around improving corporate value and striving to meet the targets of the company’s medium-term plan. Giving his predictions for fiscal 2022, Koyama said that given Omicron and numerous other uncertainties, he believes it may still be another year...
Goodyear Tire & Rubber Co. has utilized innovative technology to develop a tire made 70 percent from sustainable raw materials. The company’s efforts here have seen it employ 13 sustainable materials across nine different tire components. One component targeted here was carbon black, which is included in tires to reinforce compounds and extend tire life span. Conventionally, this has been...
Goodyear Tire & Rubber Co. has developed and begun testing airless tire technology for use in autonomous robotic vehicles created by Starship Technologies Inc. A venture company funded by Goodyear Ventures, Starship Technologies is focused on development and network management for autonomous robotic vehicles to be used in the likes of home deliveries and food delivery. With this latest effort,...
Nihon Michelin Tire Co. Ltd. intends to start offering two new sports touring tires – the Michelin Road 6 and Michelin Road 6 GT – in Japan from Feb. 16. The tires will come in seven front sizes and 11 rear sizes, making for a total of 18 sizes available. These products are the latest in the Michelin Road series,...
Tosoh Corp. (TYO:4042) has formulated a new policy aimed at achieving carbon neutrality. The policy here looks to reduce greenhouse gas emissions from the entire Tosoh Group, and follows the Japanese government’s recent moves to declare carbon neutrality for 2050 and revise the country’s 2030 emissions reduction target. Under this new policy, Tosoh has laid out a strategy to reduce...
