Ube Industries Ltd. (TYO:4208) has decided to build a new plant to manufacture Upilex polyimide film at its Ube Chemical Factory in Yamaguchi Prefecture. This comes as the film faces growing demand for use in the circuit boards of OLED smartphone displays and LCD TVs. Scheduled to begin trial operation in October 2024, the new facility will be equipped with...
Sumitomo Riko Co. Ltd. (TYO:5191) has seen its Monilife vital data monitoring equipment picked up for use in 9H Sleep Fitscan, a sleep analysis service offered by Tokyo-based capsule hotel operator Nine Hours Inc. The service launched in early December at a capsule hotel operated by Nine Hours in Tokyo. Monilife takes the form of a piezoelectric sensor based on...
Speaking at a press conference on Dec. 13, Sumitomo Rubber Industries Ltd. (TYO:5110) President Satoru Yamamoto looked back on the past year and gave some insight into the company’s strategy going forward. With its tire business, the past year saw Sumitomo Rubber decide on multiple investments in an effort to respond to strong demand around the world. In February 2021,...
Toyoda Gosei Co. Ltd. (TYO:7282) has held a wheelchair repair workshop at the Iwate Prefectural Miyako Commercial and Technical High School. This comes as part of the company’s broader initiative to support restoration efforts in East Japan following the Great East Japan Earthquake. Toyoda Gosei’s Wheelchair Doctors, a group of company employees acting as volunteers, have been providing this workshop...
Toyo Tire Corp. (TYO:5105) President Takashi Shimizu spoke recently about his company’s plans for 2022. On top of boosting productivity at its leading plant in the U.S., Shimizu said here that Toyo Tires intends to make effective use of its Malaysian base – a global hub for the company – while keeping a close eye on the circumstances and logistics...
Bridgestone Corp. (TYO:5108) recently announced that Turkish affiliate Brisa Bridgestone Sabanci Tyre Manufacturing and Trading Inc. has formed an agreement to acquire an 88.89 percent stake in Arvento Mobile Systems, a digital fleet solutions provider that offers fleet management services to customers in the likes of Turkey and the Middle East. The base price for this acquisition has been set...
