Bridgestone has partnered with Cebu Pacific Air, one of the Philippines’ largest airlines, to launch a new solution aimed at improving the efficiency of aircraft tire inventory management. The service, which began in April, utilizes Bridgestone’s proprietary tire tracking system easytrack, combining two-dimensional (2D) codes and a smartphone application. This marks the first time Bridgestone has officially implemented the service...
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Sumitomo Rubber Posts Lower Sales and Profit in First Half
Sumitomo Rubber posted a decline in both sales and profit for the first half of the fiscal year ending December 31, 2025, but said its shift toward a more premium product mix continued to make progress. For the January–June period, revenue under IFRS came to 572.19 billion yen ($3.88 billion), down 2.5% from a year earlier. Business profit dropped 33.1%...
Tosoh to Raise Chloroprene Rubber Prices from September
Tosoh announced that it will raise the price of its chloroprene rubber product Skyprene (sulfur-modified grade) effective with shipments on or after September 19. The increase will be at least 120 yen ($0.81) per kilogram for domestic customers and at least $800 per metric ton for exports. Tosoh said that while it has implemented cost-reduction measures, labor savings, and logistics...
Bridgestone to Transfer Mexican Carbon Black Business to Cabot
Bridgestone has signed an agreement to transfer its group company, Mexico Carbon Manufacturing (MXCB) — a manufacturer and seller of carbon black — to Cabot Corporation. The move is part of Bridgestone’s ongoing initiatives to accelerate the establishment of a foundation for “growth with quality.” In its premium tire business, the company is pursuing enhanced productivity and creativity across the...
Zeon Reports Higher Profit in Elastomer Materials Business: First Quarter Results
Zeon announced its financial results for the first quarter (April–June 2025) of the fiscal year ending March 31, 2026. The company recorded sales of 103.08 billion yen ($701.14 million), a 2.8% decrease compared to the same period last year. Despite the decline in revenue, operating profit rose significantly by 34.2% to 12.13 billion yen. Ordinary profit stood at 11.97 billion...
Operating Profit Up on Lower Revenue in First Quarter: Sumitomo Riko
Sumitomo Riko released its financial results for the first quarter (April–June 2025) of the fiscal year ending March 31, 2026. The company recorded sales of 154.78 billion yen ($1.05 billion), a 1.8% decline compared to the same period last year. However, operating profit rose by 14.5% to 9.71 billion yen, while net profit declined slightly by 2.7% to 5.76 billion...