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Sumitomo Rubber’s Vibration Control Damper Chosen for Seismic Retrofitting of Kumamoto Castle

on June 1, 2018 in Products

Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that its vibration control damper will be used by Obayashi Corp. (TYO:1802) for the seismic retrofitting of Kumamoto Castle’s keep. The viscoelastic damper absorbs tremors by instantly converting seismic energy to heat, and uses high-damping rubber developed based on the advanced technology Sumitomo Rubber has accumulated for racing tires. The rubber has also...

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Bando Chemical Targets 120B Yen Sales for 2022 in New Five-Year Business Plan

on May 30, 2018 in Products

Bando Chemical Industries Ltd. (TYO:5195) has put together an outline of its new medium-term business plan, “Breakthroughs for the Future 2nd Stage.” Slated to run for five years and end in fiscal 2022, the plan targets expansion both for Bando Chemical’s existing operations – which are focused on belt products – and for its new business areas, specifically with regard...

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Sumitomo Riko Targets 1 Trillion Yen in Sales for 100th Anniversary in 2029

on May 29, 2018 in Products

Sumitomo Riko Co. Ltd. (TYO:5191) announced on May 24 that it is switching to a new medium-term management plan, titled 2022 Sumitomo Riko Group Vision (2022V). With recent years seeing factors such as a major transformation in the automotive industry and the rise of protectionism in Western nations, the new plan comes as a fundamental shift to the approach outlined...

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Keeper Looks to Expand Sales of Self-Lubricating Rubber

on May 28, 2018 in Products

Keeper Co. Ltd., a manufacturer of industrial rubber products including oil seals for cars, trains and ships, is focusing on increasing the sales of its Lub-Rubber line of self-lubricating rubber. Lub-Rubber possesses self-lubricating properties via the precipitation of a wax component. It is possible to make Lub-Rubber products based on ethylene propylene diene monomer (EPDM) rubber, nitrile rubber (NBR), acrylic...

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Nitta Unveils New Phase for Management Plan, Targets 100B Yen in Sales for 2020

on May 24, 2018 in Market Background, Products

Nitta Corp. (TYO:5186) President Motonobu Nitta has revealed Phase 3 of his company’s V2020 medium- to long-term management plan. Starting in fiscal 2018, Phase 3 is set to cover a three-year span ending in fiscal 2020. By this point, the plan aims to achieve annual sales of 100 billion yen ($913 million), up from 72.9 billion yen in fiscal 2017,...

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Bando Chemical Sets Sights on Winning Top Share for Belt Business in Asia

on May 18, 2018 in Products

Bando Chemical Industries Ltd. (TYO:5195), a manufacturer of automotive rubber components and belts, is focusing on Asia as part of its current medium- to long-term management plan, which it has been following since fiscal 2013. With one of this plan’s guidelines targeting the “evolution of global market strategy,” the company has set Asia as a high-priority region, and aims for...

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