With Masataka Yamaishi set to step into the role of president and representative member of the board of Yokohama Rubber Co. Ltd. (TYO:5101) on March 30, both Yamaishi and current president Hikomitsu Noji discussed the change at a press conference. It is a turning point of a year, said Noji, as 2017 marks the final year of the company’s 12-year...
ATG
Japanese Rubber Companies Accelerate Overseas Expansion With Acquisitions
In January 2015, Sumitomo Rubber Industries Ltd. (TYO:5110) acquired Lonstroff Holding AG. This is the parent company of Swiss firm Lonstroff AG, a manufacturer of rubber products used in the medical field. By ensuring it has a European base for manufacturing and selling such rubber products, Sumitomo Rubber will focus on Europe as it further develops its global presence in...
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