Japan’s market for footwear saw its overall supply rise by 1.7 percent year-on-year for 2017, reaching a total of 704.06 million pairs of shoes for the year. This represents the first increase to the figure in four years, as well as the country’s first time in three years to break through the 700 million mark. Total domestic production – including...
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Nitta Corp. (TYO:5186) plans to launch sales in September for a new series of heat-resistant pressure sensor sheets. The company sees these sheets as being used in measurement systems for surface pressure distribution. Made using a proprietary manufacturing method, the new sheets are able to function in high-temperature environments of up to 200 degrees Celsius. The series will be available...
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Sumitomo Riko Co. Ltd. (TYO:5191) and Nagoya University recently entered into the second year of a collaborative research agreement under the Ministry of Economy, Trade and Industry (METI). Formed last April, the agreement targets joint research into heat management for organic materials. Looking to accelerate the deployment of heat management measures in materials technology, this comprehensive agreement targets four annual...
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Bridgestone Corp. (TYO:5108) on June 26 held a press conference to announce its plans for digital solutions and smart factories as part of an effort toward digital transformation. In the area of digital solutions, the Japanese tire manufacturer intends to not only sell tires but also use digitalization to make the value being offered more visible, said Yukio Saegusa, VP...
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Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) announced on June 26 that it has concluded an agreement to acquire all shares in U.S.-based carbon black manufacturer Sid Richardson Carbon Ltd. (SRC) and its affiliates SRCG Ltd. and New SRCG Genpar LLC. Tokai Carbon is set to pay a total of 34.1 billion yen ($308.74 million) for the acquisition, which...
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Asahi Kasei Corp. (TYO:3407) is planning an increase to production capacity for its solution-polymerized styrene–butadiene rubber (S-SBR) business, which has continued to achieve a high level of sales. The company’s facilities here are currently operating at full capacity. Moving forward, Asahi Kasei projects that sales under the business will continue growing steadily for fiscal 2018. As S-SBR is now used...
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