Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has finished constructing new facilities for truck and bus (TB) tire production at its Brazil Factory, with operations here having launched on March 1. The move comes in an effort to provide more stable supply of TB tires in the Brazilian market while also avoiding risks posed by foreign exchange rates....
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Bridgestone Corp. (TYO:5108) held its latest general meeting of shareholders on March 22, answering a number of questions posed to company representatives. With 395 people in attendance, the meeting lasted for 1 hour and 44 minutes. During the meeting, a total of 13 questions came from 13 shareholders. These covered topics such as the business impact of Brexit and of...
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Toyo Tire Corp. (TYO:5105) recently announced that it has gotten on board with the UN’s Sustainable Development Goals (SDGs), drafting up a plan for how the company aims to implement these SDGs throughout its group’s business by 2030. The company has also signed the United Nations Global Compact (UNGC) to help bring about an inclusive society. Toyo Tires has already...
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Yokohama Rubber Co. Ltd.’s (TYO:5101) Yokohama Magokoro Fund, a charity initiative funded by voluntary employee donations, has contributed funding to support ChildFund Japan. As a special nonprofit organization (NPO), ChildFund Japan runs initiatives such as a sponsorship program that sees sponsors exchange letters with children in need while helping to support their growth. To bolster the donation, Yokohama Rubber has...
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Nihon Michelin Tire Co. Ltd. has detailed a number of solutions that it can provide to help with environmental issues. Holding a March 12 media seminar on this at the first day of the New Environmental Exposition 2019, Michelin Japan VP Takaaki Takahashi said that his company is setting out with a long-term strategy aimed at significantly cutting down on...
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Trading company Marubeni Corp. (TYO:8002) recently announced that it has established Marubeni Rubber RUS LLC (MRR), a new Russian sales subsidiary that is set to handle large tires for mining trucks as well as a range of other rubber materials for the mining industry. Abundant in natural resources, Russia is seeing a high level of activity aimed at mine development....
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