Sumitomo Rubber has developed Tire Aerodynamics Simulation, a simulation technology for the tire development process. In addition to reducing rolling resistance of tires, it is extremely important to reduce aerodynamic drag around tires in order to improve fuel efficiency (electric power consumption) of EVs. By visualizing the airflow near the tires of a moving vehicle through a proprietary simulation that...
Ube posted results for the nine months (April-December) of the fiscal year ending March 31, 2024. Sales were 332.95 billion yen ($2.23 billion), down 9.6% year-on-year; operating income 12.31 billion yen, down 5.2%; ordinary income 23.18 billion yen, compared with a loss of 4.53 billion yen in the same period a year earlier; and net income of 19.95 billion yen,...
Mitsui Chemicals results for the first nine months (April-December) of the fiscal year ending March 2024 showed revenue of 1,274.53 billion yen ($8.54 billion), down 10.8% year-on-year; core operating profit of 72.38 billion yen, down 34.4%; and net income of 37.26 billion yen, down 42.6%. Among segments, Mobility posted sales revenue of 398.36 billion yen, up 1.9%, and core operating...
Tosoh reported net sales of 747.89 billion yen ($5.01 billion), down 5.9% year-on-year, for the first nine months (April-December) of the fiscal year ending March 2024. Operating income stood at 59.55 billion yen, up 1.1%, ordinary income at 68.67 billion yen, down 5.0%, and net income at 41.37 billion yen, down 10.7%. By segment, the petrochemical business posted sales of...
Zeon posted sales of 283.81 billion yen ($1.9 billion), down 3.5% year-on-year, in the first nine months (April-December 2023) of the fiscal year ending March 2024. It further achieved operating income of 15.99 billion yen, down 42.6%, ordinary income of 19.91 billion yen, down 35.9%, and net income of 20.91 billion yen, up 14.4%. In the elastomer materials business segment,...
Japan Rubber Weekly sat down with President Hiroyuki Soga of Nichirin, a manufacturer of automotive hoses and piping. Soga, who assumed the position of president in April 2023, was posted to the United States at the age of 26 and has since then worked overseas for a total of 26 years. He has also served as president of overseas subsidiaries...
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