Looking to help achieve Level 4 autonomous driving, Sumitomo Rubber Industries Ltd. (TYO:5110) has built an integrated system that handles everything from obtaining tire pressure data through to facilitating maintenance for detected issues. The company recently subjected this system to proof-of-concept testing on public roads in Gifu, Gifu Prefecture, on Nov. 12. This system comes as part of a joint...
Tokai Carbon Co. Ltd.’s (TYO:5301) carbon black business is on the rebound after bottoming out during the April–June quarter, says President Hajime Nagasaka. Speaking at a financial results briefing on Nov. 5, Nagasaka said that demand is recovering particularly in the U.S. and Thai markets, adding that the company’s U.S. production bases have utilization rates up in the 90–95 percent...
Sumitomo Rubber Industries Ltd. (TYO:5110) has received an award for research that used Japan’s K supercomputer to carry out a large-scale molecular dynamics simulation of tire rubber. This award was one of a number given out for effective use of the country’s High Performance Computing Infrastructure (HPCI). Awarded on Oct 30, the winners were announced at “The Seventh Project Report...
Chemicals manufacturer Osaka Soda Co. Ltd. (TYO:4046) recently reported its business results for the April–September quarter of fiscal 2020, showing a decline in both sales and profits. The company posted sales of 45.18 billion yen ($434.46 million), down 14.8 percent year-on-year. Meanwhile, operating income was 3.5 billion yen, down 29.4 percent; ordinary income was 3.7 billion yen, down 28.7 percent;...
Asahi Kasei Corp. (TYO:3407) has raised the prices for its Tuftec and S.O.E. hydrogenated styrenic thermoplastic elastomer products to 25 yen ($0.24) or more per kilo, starting with November 16 shipments. The chemicals manufacturer said that the price hike is due to manufacturing cost increases far beyond the range it can cover through its own cost-cutting efforts, being necessary then...
Bridgestone Corp. (TYO:5108) has announced its business results forecast for the full fiscal year through December 2020, including an adjustment for anticipated decline in demand during the October–December fourth quarter due to a second wave of the COVID-19 pandemic. The forecast calls for total sales revenue of 2.89 trillion yen ($28 billion), a 7 percent increase from the previous forecast...
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