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Yokohama Rubber Consolidates Nagano Production Facilities

Yokohama Rubber Co. Ltd. recently held a groundbreaking ceremony for new buildings at its Nagano Toyooka Plant (Nagano Prefecture) as the company consolidates its Nagano production facilities with the aim of strengthening its hoses and couplings business. Construction is set for completion in November 2016, after which equipment will be moved from the current Nagano Takamori Plant to Toyooka. Consolidation...

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Bridgestone to Acquire Pep Boys

Bridgestone Retail Operations LLC (BSRO), a wholly owned subsidiary of Bridgestone Corp., will acquire The Pep Boys – Manny, Moe & Jack, one of America’s leading automotive aftermarket chains, in an all-cash transaction, purchasing all outstanding shares at approximately $835 million in aggregate equity value. Bridgestone’s biggest acquisition to date was the $2.6 billion purchase in 1988 of The Firestone...

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JAMA: Automobile Production Drops in September

Japan’s domestic automobile production dropped in September according to the Japan Automobile Manufacturers’ Association (JAMA). The number of cars (4-wheelers) produced was approximately 830,000, down 3 percent over September 2014 and marking the 15th consecutive month that the figure had fallen year-on-year. The number of all vehicle types produced fell year-on-year. Passenger car production was just over 700,000 units, down 2...

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20151109 Toyoda Gosei Alerm Wheel-600x580

Toyoda Gosei Develops Steering Wheel With Warning Function

Toyoda Gosei Co. Ltd. has developed a steering wheel with a warning function that vibrates to alert drivers. The steering wheel contains a vibrating unit with a small motor that rotates an off-center weight to vibrate the steering wheel grip and thus warn the driver. The steering wheel detects when the car is accidentally drifting out of its lane and...

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Nihon Michelin Names Perriniaux President

Nihon Michelin Tire Co. Ltd. has announced that Paul Perriniaux, executive operating officer, will take over as president from Bernard Delmas, who will assume the title of chairman. Perriniaux joined Nihon Michelin in 1995 in truck and bus marketing. He was regional manager of Michelin Tyre PLC (U.K.) in 2001 and IT project manager at the France head office from...

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Tokai Carbon’s Operating Income Up 44% Despite Lower Sales

Major Japanese carbon black manufacturer Tokai Carbon Co. Ltd. recorded sales of approximately 80.5 billion yen ($653.4 million) in the first three quarters of 2015 (January-September), down 5 percent over the same period of the previous year. Operating income was up 44 percent to 3.5 billion yen ($28.4 million) and recurring profit was up 37 percent to 3.6 billion yen...

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