D-Mec Ltd., a wholly owned subsidiary of JSR Corp. (TYO:4185), recently announced that it has launched sales of the Daram 3, an inexpensive rapid-prototyping 3D printer able to create the sort of high-fidelity objects characteristic to the rapid prototyping approach. In designing the Daram 3, D-Mec has looked to maintain the benefits provided by high-performance rapid prototyping while also carrying...
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Bridgestone Moves to Expand EV Charging Infrastructure in Europe
Bridgestone Corp. (TYO:5108) recently announced that subsidiary Bridgestone EMIA has formed a long-term partnership with electric vehicle (EV) charging solutions company EVBox Group and its partner TSG Group. The companies will work to expand Europe’s EV charging infrastructure by utilizing the Bridgestone Group’s retail and service network. Established in 2010, EVBox is a leading provider of EV charging solutions, with...
Bridgestone Tops Ordinary Profit Ranking in Japan’s Rubber Sector
Japan Rubber Weekly has conducted a study into the fiscal 2020 business results of 135 rubber-related manufacturing companies in Japan, allowing it to then rank these companies by their ordinary profit. Under the ranking, the top 96 companies had a combined ordinary profit of 274.19 billion yen ($2.51 billion) for fiscal 2020, while those 97th and below were not included...
Japan’s Top 50 Rubber-Related Companies Hit Hard by COVID-19 in FY2020, Study Reveals
Japan Rubber Weekly has carried out a study into the fiscal 2020 business results of rubber-related companies across Japan. This revealed that the combined sales revenue of the top 50 companies came to just under 3.41 trillion yen ($31.12 billion), down 14.3 percent year-on-year, while the top 10 companies totaled just over 2.6 trillion yen, down 15.2 percent. The spread...
NOK Plans Price Hike on Seal Products Starting October
NOK Corp. (TYO:7240) recently announced that it has decided to raise prices on products sold via domestic distributors to the likes of the general industrial machinery industry. The price revision here is set to apply to oil seals, O-rings and other such seal products listed in NOK’s catalog, albeit with a number of exceptions. Set to come into effect starting...
Bridgestone Completes Azuga Acquisition
Bridgestone Corp. (TYO:5108) has completed its acquisition of Azuga Holdings Inc., a U.S.-based provider of fleet management solutions. The tire manufacturer has already received regulatory approval and carried out the relevant proceedings for this deal. Azuga has been valued here at $391 million, with adjustments then being made based on its working capital and the like to get the total...