Inaugurated as president of Toyoda Gosei Co. Ltd. (TYO:7282) last June, Toru Koyama stepped into the role amid a raft of major changes in the business environment – including COVID-19 as well as the accelerating trend in automotive electrification. Speaking recently with Japan Rubber Weekly, Koyama said for fiscal 2021 that he aims to see the company land a proper...
Sales revenue from Bridgestone Corp.’s (TYO:5108) domestic conveyor belt business fell slightly year-on-year for the first half of calendar 2020, the company has revealed. While conveyor belt sales to the iron and steel industry were largely unchanged from the previous year, those to more general users were down due to customers putting plans on hold amid COVID-19, causing the business’s...
Toyoda Gosei Co. Ltd. (TYO:7282) is exhibiting at Auto Shanghai 2021, which is being held over April 19–28. With its booth at the Chinese motor show, Toyoda Gosei is displaying a range of auto parts. This includes those that contribute to safety and peace of mind, as well as those for use in electric vehicles (EVs) and other such electrified...
Lanxess KK, the Japanese arm of German chemicals manufacturer Lanxess AG, held an online press conference on April 9 in which President Taiga Harigai presented the firm’s activity plans for fiscal 2021. Based on these plans, Lanxess aims to focus its efforts on three fields in particular: consumer protection, new mobility and additives. More broadly, Harigai noted that the company...
Ethylene propylene diene monomer (EPDM) rubber is seeing a rise in its overseas market prices. The increase here has been driven by a wide range of factors, including supply–demand tightness, U.S.–China tensions, the recent U.S. cold snap and the global shortage of shipping containers. The U.S., for its part, is not only facing a tight supply–demand balance for domestic EPDM...
Bridgestone Retail Japan Co. Ltd. has launched Mobox in the Japanese market. Launched on April 1, the passenger car tire subscription service is now available at 353 Cockpit and Taiyakan locations throughout the country. The Mobox service provides customers with tires and maintenance for a monthly fee. Customers can choose between two plans – Standard and Light – with a...
