Bridgestone Corp. (TYO:5108) has announced its intent to withdraw from the conveyor belt business, with plans to completely end its operations here by the end of 2024 after gradually ramping down production and sales. Discussions are moving forward based on the idea that workers in this business will continue to be employed under the Bridgestone Group. The chemical and industrial...
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Zeon’s Elastomer Business Posts Year-on-Year Surge in Operating Income
Zeon Corp. (TYO:4205) has posted its financial results for the first half of fiscal 2021, revealing a sizable recovery from the same period last year. Results here included 179.08 billion yen ($1.57 billion) in sales revenue, up 30.3 percent year-on-year; 24.95 billion yen in operating income, up 151.7 percent; 26.58 billion yen in ordinary income, up 143 percent; and 18.39...
Toyoda Gosei Posts Increased Sales, Profits for First Half Following Recovery From COVID-19
Toyoda Gosei Co. Ltd. (TYO:7282) has revealed a promising set of business results for the first half of fiscal 2021. Sales revenue here came to 387.36 billion yen ($3.4 billion), up 25.2 percent year-on-year; operating profit to 12.99 billion yen, up 187.8 percent; and net profit to 9.03 billion yen, up 162.6 percent. For Japan specifically, the figures were 195.17...
Shin-Etsu Chemical to Raise PVC Prices From November 21
Shin-Etsu Chemical Co. Ltd. (TYO:4063) announced on Oct. 26 that it intends to revise its domestic selling price for polyvinyl chloride (PVC). Prices here are slated to rise by at least 40 yen ($0.35) per kilogram beginning with product supplied on Nov. 21. Explaining its decision here, Shin-Etsu Chemical noted that while it has already implemented two price hikes for...
Toyoda Gosei Develops New Airbag to Protect Pedestrians
Toyoda Gosei Co. Ltd. (TYO:7282) has developed what has been dubbed a “pedestrian protection airbag,” which serves to protect the head of any pedestrian hit by a fitted vehicle. This marks the company’s first entry into the field of airbags aimed at protecting pedestrians and other vulnerable road users. The highest mortality rate among Japanese traffic accidents is seen in...
Bridgestone Wins Good Design Award for Corporate Font
Bridgestone Corp. (TYO:5108) recently announced its inclusion among this year’s Good Design Award winners for a corporate font created by the auto and truck parts manufacturer. Developed to express the brand identity of this multinational company, Bridgestone Type is a proprietary font that incorporates this identity into Bridgestone design elements. Offering readability, versatility and beauty, the font has been incorporated...
