auto parts

Mitsui Chemicals Posts Record Profits for April–December Period

Mitsui Chemicals Inc. (TYO:4183) has posted record-high net, ordinary and operating profit figures for the combined first three quarters of fiscal 2017 (April–December). Sales for the period totaled 959.83 billion yen ($8.78 billion), up 10.3 percent from the same period in the previous year. Operating profit was 75.74 billion yen, up 5.7 percent year-on-year; ordinary profit was 78.85 billion yen,...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe Free Trial

Continue Reading

Toyoda Gosei to Launch New Steering Wheel for Accident Prevention

Toyoda Gosei Co. Ltd. (TYO:7282) will begin sales of an aftermarket steering wheel that activates an alert upon detecting that the driver has taken his or her eyes off the road or started to fall asleep. The product was developed to prevent semi-trailer truck accidents, which can often lead to more damage than passenger vehicle accidents, and will be sold...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe Free Trial

Continue Reading

Toyoda Gosei Plastic Roof Panel to be Used in Toyota FC Bus

Toyoda Gosei Co. Ltd. (TYO:7282) has announced that a large plastic roof panel developed by the company will be adopted by Toyota Motor Corp. (TYO:7203) for use in a fuel cell (FC) bus scheduled for launch this year. Toyota will produce more than 100 of these buses, primarily for the Tokyo 2020 Olympic and Paralympic games. Plastic car bodies, despite...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe Free Trial

Continue Reading

Okamoto Industries President Forecasts Continued Demand for Automotive Products

Okamoto Industries Inc. (TYO:5122) President Yoshiyuki Okamoto believes that his company this year will likely be able to maintain the business performance that it saw with automotive products in 2017. Sitting down for an interview recently with Japan Rubber Weekly, Okamoto said that he expects these products to keep up sales levels, particularly in the U.S. and China, though he...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe Free Trial

Continue Reading

Rubber Seal Maker TPR Set to Acquire Nobukawa

TPR Co. Ltd. (TYO:6463), a producer of piston rings, cylinder liners and other key components for internal combustion engines, recently announced that it will acquire carbon masterbatch maker Nobukawa Co. Ltd. as a wholly owned subsidiary on Dec. 13. The move is part of an overall plan by TPR to diversify its operations by moving into the manufacturing and marketing...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe Free Trial

Continue Reading

Mitsui Chemicals Set to Acquire TPS Business From Asahi Kasei

Mitsui Chemicals Inc. (TYO:4183) has announced that it will acquire the Sunvieo thermoplastic styrene elastomer (TPS) business currently held by Asahi Kasei Corp. (TYO:3407) on Oct. 1. The acquisition price has not been disclosed. With the acquisition, Mitsui Chemicals will be better situated to answer wide-ranging needs in various sectors, such as auto parts and consumer products. Mitsui Chemicals currently...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe Free Trial

Continue Reading

Send this to a friend