Nichirin Co. Ltd. (TYO:5184), a manufacturer specializing in automotive hoses, has set up a production technology center within the company’s Himeji Factory. In a recent interview with Japan Rubber Weekly, Nichirin President Ryuichi Maeda said that the company will use the center to tackle innovative manufacturing and develop new production methods. In addition, he said, Nichirin will focus on bolstering...
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Sumitomo Riko Co. Ltd. (TYO:5191) President Tetsu Matsui says that he feels a sense of crisis at the need for his company to adapt to the trend toward electric vehicles (EVs), which is moving faster than expected. As EVs become more prevalent, he said, there will be a reduction in use of anti-vibration rubber and hose products for internal combustion...
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Nichirin Co. Ltd. (TYO:5184) decided in a recent board meeting to invest around $40 million in the establishment of a subsidiary in China for the manufacturing and sales of automotive parts. The subsidiary, tentatively named Jiangsu Nichirin Automobile Accessories, will be located in Changshu, Jiangsu Province. Products will include hoses for cars and motorcycles. Nichirin already has auto parts operations...
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Sales of hose assemblies fell 3 percent year-on-year to 60.985 billion yen ($53.48 million) for January–December 2016, according to the Japan Hose Coupling Association (JHCA). It marks a regression to the negative after a 5-percent year-on-year increase in 2015. By category, the distribution ratio of industrial rubber hoses was at 67.7 percent; automotive rubber hoses, 15.2 percent; and plastic hoses,...
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Both production volume and shipment value of rubber hoses were slightly down year-on-year for 2016, according to records collated by the Japan Rubber Hose Manufacturers Association. Based on statistics from Japan’s Ministry of Economy, Trade and Industry (METI), the records reveal that production volume of hoses for 2016 was 34,621 tons in terms of new-rubber volume, which represents a year-on-year...
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