Transmission belt manufacturer Mitsuboshi Belting Ltd. (TYO:5192) has finished constructing a new building for the twisting of tensile cords at its Shiga Plant in Takashima, Shiga. Coming in at an investment of 900 million yen ($7.91 million), the new building has a total floor area of 2,327 square meters and is slated to begin operations this April. The investment here...
Yokohama Rubber Co. Ltd. (TYO:5101) is set to revise its manufacturer’s selling prices for domestic aftermarket tires. The change will apply to all tire categories in the Japanese aftermarket sector – including summer, winter and all-season tires – as well as to tubes and flaps. Summer tires, all-season tires, tubes and flaps will see the adjustment made on April 1,...
Sumitomo Riko Co. Ltd. (TYO:5191) President Kazushi Shimizu recently spoke about current efforts being made by the company, highlighting here the good progress being made on the structural reform it has been pursuing of late. And with this in mind, plans going forward are to achieve growth for both auto parts and general industrial products, he said. Shimizu noted here...
Zeon Corp. (TYO:4205) President Kimiaki Tanaka recently expressed very high hopes for fiscal 2022 as a year for the company to take its next step forward. Beyond just business expansion, the company intends to use the year to pursue efforts such as the formulation of a master plan for reaching carbon neutrality by 2050. Giving his broad outlook for Zeon...
Ikuji Ikeda, president of the Japan Rubber Manufacturers Association (JRMA) and chairman of Sumitomo Rubber Industries Ltd. (TYO:5110), spoke recently about just what the JRMA has been up to of late. For one, he noted how a centerpiece of the association’s activities last year was getting the manufacture of rubber products added as an occupation type under Japan’s Technical Intern...
Toyo Tire Corp. (TYO:5105) recently donated $50,000 to areas of the southern and midwestern U.S. stricken by massive tornadoes. Administered through the Warren County Public Schools Disaster Relief Fund for Families, the donation is aimed at offering sympathy to the victims and helping with recovery and reconstruction efforts for the affected areas. A spokesperson for Toyo Tires offered prayerful wishes...
