Mitsuboshi Belting reported increased sales in its power transmission belt business for the fiscal year ending March 2025, driven by strong domestic and international performance. In Japan, demand in the automotive aftermarket—especially for replacement belts for trucks—was robust, while the industrial machinery sector saw growth due to increased production among manufacturers of injection molding machines and robots. Internationally, the automotive...
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CITEXPO 2025 to Be Held in Shanghai This September
The 20th edition of the China International Tire Expo (CITEXPO 2025), the largest tire trade show in the Asia-Pacific region, will take place from September 3 to 5, 2025, at the Shanghai World Expo Exhibition & Convention Center in Pudong, Shanghai. The event is organized by Reliable International Exhibition Services. CITEXPO is a leading B2B exhibition focused primarily on automotive...
Bridgestone to Transfer 66.6% Stake in Bridgestone Logistics to SBS Holdings
Bridgestone has signed an agreement to transfer 66.6% of the shares of its wholly owned subsidiary, Bridgestone Logistics, to SBS Holdings, a leading logistics group in Japan. The move is part of Bridgestone’s ongoing efforts to strengthen its global business structure and accelerate the foundation for growth with enhanced quality. In Japan, the company is pushing forward with business restructuring...
Totaku Industries to Change Name to Nagase RooTAC on November 1
Totaku Industries, a manufacturer and distributor of flexible hoses and pipes based in Osaka, will change its name to Nagase RooTAC effective November 1. Despite the rebranding, the company’s headquarters address, phone number, product names, business operations, and existing brands—such as Totaku—will remain unchanged. The decision to rename the company is part of a broader initiative to strengthen synergies within...
Denka Earns A-Rank in Fluorocarbon Measures Rating for Fourth Consecutive Year
Denka has achieved the highest A-rank rating for the fourth consecutive year in the Japan Refrigerant and Environment Conservation Organization’s (JRECO) 4th Fluorocarbon Measures Rating, which evaluates efforts toward compliance with the Fluorocarbon Emissions Control Law. The rating assesses publicly available information on fluorocarbon measures from 1,641 companies listed on the Tokyo Stock Exchange Prime Market. JRECO independently evaluates companies’...
Yokohama Rubber Secures Mizuho Eco Finance Financing Contract
Yokohama Rubber has signed a financing contract with Mizuho Bank for its Mizuho Eco Finance environmental evaluation loan product. Mizuho Eco Finance is designed to support corporate efforts toward a decarbonized society, offered by Mizuho Bank as an environmental evaluation financing product. Based on an environmental evaluation model developed by Mizuho Research & Technologies, companies are scored on their climate...