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Yokohama Rubber Plans Domestic Price Hike on All Aftermarket Tires Starting April

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,...

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Sumitomo Riko President Shines Light on Plans to Get Results From Structural Reform Starting 2023

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...

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Zeon President Kimiaki Tanaka Sees 2022 as Year to Take Next Step Forward

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...

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JRMA President Discusses Recent Activities; Plans to Standardize High-Pressure Hoses for Hydrogen Stations

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...

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TOYO TIRE Donates $50,000 Toward Recovery in Tornado-Stricken US Region

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...

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Ube Industries Plans New Plant to Produce Polyimide Film for LCD TVs and Smartphones

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...

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