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Nitta CEO Discusses Policy Areas Behind Mid–Long-term Business Plan

In a recent interview with Japan Rubber Weekly, Nitta Corp. (TYO:5186) President Motonobu Nitta expressed the company’s intent to continue working toward the goals set for the second year of Phase 2 in its mid–long-term business plan, “V2020.” On top of analyzing the company’s sales figures and performance breakdown, he discussed the state of its foreign subsidiaries and explained its...

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Production of Passenger Car Tires Down 1.5% in July

Production of automobile tires and tire tubes dropped 2.4 percent year-on-year in July, to a total of 91,442 tons, according to the Japan Automobile Tyre Manufacturers Association (JATMA). Production volume has fallen year-on-year for 20 straight months, but the number of units produced rose 0.3% year-on-year in July. Year-on-year production fell for all tire types other than industrial vehicle tires....

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Nitta Remains on Track to Achieve Its Mid–Long-term Business Plan, says CEO

Sitting down for an interview recently, Nitta Corp. (TYO:5186) President Motonobu Nitta told Japan Rubber Weekly that the company’s sales and profit figures have mostly developed as planned. Nitta furthermore said that forecasts for the full business year remain unchanged for the major belt, hose and tube manufacturer. On general conditions for the first quarter of fiscal 2016, Nitta said...

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Nihon System Kaihatsu Releases New Version of Mixture Design Support System (MDSS)

Nihon System Kaihatsu Co. Ltd. has released Version 4.2 of Mixture Design Support System (MDSS). The software enables the user to centrally manage and share data on raw materials, processes, operations and assessments. This latest version includes a new feature for managing chemical substances (i.e. ingredients), along with a raw materials reminder feature. The program’s database generation capabilities and centralized...

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JSR Develops Materials for 3D-Printed, Lightweight Artificial Legs

Synthetic rubber and chemicals manufacturer JSR Corp. (TYO:4185) has developed a 3D-printed prosthetic leg in a joint project with All Nippon Airways Co. Ltd. (ANA) and prosthesis manufacturer SHC Design Inc. The company intends to support efforts to commercialize the tool. Current prosthetic legs are typically made from metal and cost a pricey 300,000 to 400,000 yen ($2,953 to $3,937)....

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Rubber Hose Production Down 3.4% in First Half, Falls Below 17,000 Tons

According to figures compiled by the Japan Rubber Hose Manufacturers Association, production of rubber hoses for the first half of 2016 (January-June) fell 3.4 percent over the previous year to 16,968 tons, calculated according to the volume of new rubber produced. The value of rubber hoses shipped over the same period was down 2.6 percent year-on-year to 66.063 billion yen...

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