Sumitomo Riko Co. Ltd. (TYO:5191) is establishing a new sales head office in Germany, as the company drives forward with its efforts to grow sales overseas. Set to be launched on Feb. 2, the new office will serve as the company’s second global automotive sales headquarters. With this move, Sumitomo Riko’s original sales head office will serve as the first...
Toyoda Gosei Co. Ltd. (TYO:7282) operates four plants in Mexico and is in the process of shifting production from plants in Canada and the U.S. to Mexico as part of the North American Free Trade Agreement (NAFTA) framework, particularly in relation to weatherstrip products. The company is moving forward with investments in a Mexico subsidiary to increase the production capacity...
Sumitomo Rubber Industries Ltd. (TYO:5110) has obtained for ISO14001:2015, the latest version of environmental management system ISO14001, for 31 sites worldwide. The certification accounts for the company’s headquarters in Kobe, Japan, its factories both domestically and abroad, and its affiliated companies. Sumitomo Rubber received this new certification on Dec. 5, 2016. ISO14001 was created by the International Organization for Standardization...
Okamoto Industries Inc. (TYO:5122) President Yoshiyuki Okamoto recently granted an interview with Japan Rubber Weekly to describe the company’s plans for the near-future. Okamoto said the company has plans to upgrade and redesign factories over the coming three years. Okamoto Industries will be aggressive in capital spending to streamline operations at plants in Japan, an effort that president Okamoto characterized...
Speaking with Japan Rubber Weekly in an interview, Nitta Corp. (TYO:5186) President Motonobu Nitta said that regarding overseas development in 2017, the company has completed the facility at its U.S. plant and is now installing equipment. Operations are expected to start in July. In Thailand, the focus will be on Nitta Moore hose and tube products, where local production of...
Speaking with Japan Rubber Weekly in an interview, Mitsuboshi Belting Ltd. (TYO:5192) President Hajime Kakiuchi said that he sees the number of hybrid vehicles and electric cars increasing in Japan going forward. Because there are demands in the automotive sector to reduce vehicle weight in light of improving fuel efficiency, Mitsuboshi Belting will step up its efforts to develop resin...
