Yokohama Rubber Co. Ltd. (TYO:5101) will raise its wholesale prices for tires in the domestic market from April 1. Products to see price hikes are tires, tubes and flaps sold in Japan. Summer passenger tires and summer and winter van tires will see a price hike of 6 percent. Meanwhile a 7-percent price hike will be imposed on summer and...
Tires
Bridgestone Earns Highest Ranking in Supplier Engagement Rating
Bridgestone Corp. (TYO:5108) has been recognized as a global leader for managing climate change across its supply chain. The tire manufacturer has received the highest “A” rating from CDP and awarded a position on the organization’s supplier engagement leaderboard. The U.K.-based international nongovernment organization CDP uses its supplier engagement rating to assess the efforts of companies in lowering climate-related risks...

Nippon Goodyear President Looks to Break Open All-Season Tire Market
Nippon Goodyear Ltd. is seeking again this period to get active in developing an all-season tire market in Japan. Speaking at the company’s 2017 strategy announcement and new products briefing session on Feb. 16, President Yujiro Kanehara deemed the company’s first-year effort at this in 2016 as modest. Now for the 2017 period, Nippon Goodyear is looking to launch an...
Kuraray’s Liquid Farnesene Rubber Used in Car Tires for First Time
Kuraray Co. Ltd. (TYO:3405) said that Sumitomo Rubber Industries Ltd. (TYO:5110) has adopted liquid farnesene rubber (LFR) as a performance enhancing additive in the production of its latest winter tire, the Winter Maxx 02. This is the first time that LFR is used in car tires. LFR is a liquid rubber developed by Kuraray using farnesene, a new biologically derived...
Tire Production in Japan Falls 3.6% for 2016
Production volume of automobile tires in Japan fell 3.6 percent year-on-year in 2016, dropping to 1.019801 million tons, according to the Japan Automobile Tyre Manufacturers Association (JATMA). It marks a fifth consecutive year of decline for automobile tire production. While 2016 production volume as a whole was marked with a negative record, coming on account of 21 consecutive months of...

Bridgestone Receives RobecoSAM Sustainability Award
Bridgestone Corp. (TYO:5108) has received a Silver Class Sustainability Award 2017 from RobecoSAM. This is the first time Bridgestone has received this honor. This sustainability award is presented annually by RobecoSAM, an investment specialist focused exclusively on sustainability investing, a form of investment entailing judgments based on evaluations of a company’s environmental, social and other sustainability initiatives in addition to...