Toyoda Gosei announced its financial results for the first quarter (April to June 2025) of the fiscal year ending March 31, 2026. Although revenue declined, the company achieved higher operating profit due to factors such as increased sales volume and improvements in cost efficiency. Consolidated revenue for the quarter was 260.42 billion yen ($1.77 billion), a 1.5% decrease compared to...
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Sumitomo Rubber Introduces Circular Carbon Black in Racing Tires
Sumitomo Rubber has announced the adoption of circular carbon black in some of its racing tires, marking a significant step in the company’s circular economy initiative known as Towanowa. This marks the company’s first application of resource-circulated carbon black in tire production. The new racing tires were used in the GT300 class of the 2025 Autobacs Super GT Round 4...
Yokohama Rubber Acquires Full Ownership of Chinese Conveyor Belt JV
Yokohama Rubber has announced that it has acquired an additional 22.98% stake in Shandong Yokohama Rubber Industrial Products, a consolidated subsidiary engaged in the production and sales of conveyor belts in China. With this acquisition, combined with the 77.02% stake it already held, the company has made Shandong Yokohama a wholly owned subsidiary. The transaction was completed on July 18....
JATMA Releases Mid-Year Revision of 2025 Tire Demand Forecast
The Japan Automobile Tyre Manufacturers Association (JATMA) has announced a mid-year revision of its 2025 Japanese domestic tire demand forecast. According to the updated outlook, total demand for original equipment (OE) tires is now projected at 36.83 million units, representing a 1% increase year-on-year. Replacement tire demand has been revised to 63.647 million units, reflecting a slight decrease of 1%,...
Nitta Expands Sales of Food-Grade Resin Conveyor Belts
Nitta’s resin belt sales for the fiscal year ended March 31, 2025, increased in the high single digits year-on-year, with food-grade products seeing similar revenue growth. The high-performance, all-in-one Wexu and Mexu series belts drove strong sales. The Wexu series, offering resistance to sodium hypochlorite solution, physical shrinkage prevention, heat resistance, antibacterial and antifungal properties, oil resistance, low noise, fray...
Zeon Develops Hydrophilic Polymer for Winter Tires
Zeon has developed Nipol BR1300, a hydrophilic polymer for winter tires, and began commercial production in May at its Tokuyama Plant in Shunan City, Yamaguchi Prefecture. Developed with a polybutadiene rubber backbone, this polymer enhances the affinity of tire rubber materials with water to an unprecedented level....