Yokohama Rubber Co. Ltd. (TYO:5101) has announced that it intends to invest in additional production capacity at its Visakhapatnam Plant, which is currently under construction in India. This comes with the aim of further increasing the production capacity of Yokohama Off-Highway Tires (YOHT), a company division of subsidiaries engaged in the production and sale of off-highway tires (OHTs) for the...
Tires
Sumitomo Rubber Posts Record-High Sales Revenue for First Half
Sumitomo Rubber Industries Ltd. (TYO:5110) has revealed its business results for January–June 2021, with the company here recording a new high for half-year sales revenue. Sales revenue for the period came to 440.08 billion yen ($4.02 billion), up 29.4 percent year-on-year; business profit was 30.09 billion yen, up from negative 2.31 billion yen in the first half of last year;...
Yokohama Rubber Develops New and Improved Studless Winter Tire for Trucks, Buses
Yokohama Rubber Co. Ltd. (TYO:5101) has announced a domestic launch for the 904W, a new studless winter tire for trucks and buses. Set to be made available this September from Yokohama tire distributors across Japan, the new tire will be offered in a total of 14 sizes, ranging from 295/80R22.5 to 215/70R17.5. Designed for overall performance, the 904W not only...
Sumitomo Rubber Reveals Instances of Inappropriate Quality Control for Tires, Marine Dock Fenders
Sumitomo Rubber Industries Ltd. (TYO:5110) has revealed findings of inappropriate quality control practices at two locations: namely, marine dock fender testing at its Kakogawa Factory in Hyogo Prefecture, Japan, and tire production at subsidiary Sumitomo Rubber South Africa (Pty) Ltd. Working immediately to verify the safety of both fenders and tires upon this discovery, Sumitomo Rubber has found there to...
Bridgestone Readies Domestic Production Base Shakeup for Diversified Products Business
Bridgestone Corp. (TYO:5108) has announced plans to restructure production activities at its Iwata Plant, one of several Diversified Products plants the company has in Japan. Coming as part of the global expense and cost structure review established under Bridgestone’s 2021–2023 medium-term management plan, this initiative will see production of precision components for office equipment relocated from the Iwata Plant to...
Sumitomo Rubber to Launch All-Season Tires With Improved Wear Resistance for Taxis
Sumitomo Rubber Industries Ltd. (TYO:5110) is planning a Sept. 1 launch of the All Season Maxx AS1 for Taxi. As part of the All Season Maxx series of tires, which can also navigate snowy roads, this new offering promises improvements in wear resistance with a design specifically for taxis. The All Season Maxx AS1 for Taxi comes in two sizes:...
