According to rubber production and shipment figures released by the Japanese Ministry of Economy, Trade and Industry (METI), the shipment value of rubber goods for January 2017 was 157.8 billion yen ($1.42 billion). The figure shows a year-on-year decrease of 1.4 percent and a negative turnaround following an increase in December 2016. The production volume of automotive tires was down...
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Both publicly listed and private rubber manufacturers in Japan held ceremonies on April 3 to welcome their new employees. Japan Rubber Weekly conducted a survey of major rubber companies and related businesses regarding the current landscape for the recruitment of new hires out of high school, undergraduate school and graduate school in the spring of 2017. According to responses from...
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Pirelli Japan Co. Ltd. has announced that it will increase the prices of its Pirelli and Metzeler-branded tires on June 1. Summer tires for passenger vehicles and SUVs will be increased in price by an average of 6 percent, and motorcycle tire prices will be increased by 6.5 percent. This will be followed by a 6-percent increase to passenger vehicle...
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Sumitomo Riko Co. Ltd. (TYO:5191) has released a new image as part of its latest promotional campaign. The image makes use of Japanese-language wordplay, employing a slogan that emphasizes the importance of technology in building a futuristic world. The slogan also conflates part of the company’s name with a term for intelligence. The body of the advertisement looks at the...
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Rubber manufacturer Bando Chemical Industries Ltd. (TYO:5195) experienced turbulent sales in fiscal 2016. After early months showed a year-on-year downturn, the company recovered in the latter half of the year, most notably in the January–March period. But in an industry moving toward electric vehicles, how does Bando Chemical plan to respond to concerns around declining automotive belt sales? Japan Rubber...
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Yokohama Rubber Co. Ltd. (TYO:5101) is launching a new high-pressure hose which meets the requirements of SAE standards and European Standards (EN). Marketed as Versatran, the new hose is part of the company’s strategy to strengthen overseas sales of high-pressure hoses, especially for challenging applications that require high-quality spiral hoses delivering exceptional performance and durability. In the global high-pressure hose...
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