With the four large Japanese tire makers closing their fiscal years by end of December, the latter half of March has in succession seen Bridgestone Corp. (TYO:5108), Sumitomo Rubber Industries Ltd. (TYO:5110), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105) holding their annual shareholders meetings. Talking at Bridgestone’s meeting on March 24, Kazuhisa Nishigai, the...
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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...
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In 2016, Wanli Tire Co. Ltd. was the first Chinese tire maker to participate in D1 Grand Prix, known to be the top drift competion in the world, and also the first to win a series championship. This helped the company to during the year enter and establish a foothold in the Japanese market. In November 2016, Wanly has become...
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Sitting down recently for an interview, Bando Chemical Industries Ltd. (TYO:5195) President Mitsutaka Yoshii offered his assessment on where the company stands today, as well as how it is looking to improve itself moving forward. The company, Yoshii said, has to work in 2017 on accelerating its measures for dealing with the exchange rate and other fluctuating outside circumstances. He...
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Production of automobiles using timing belt-in-oil systems from Gates Unitta Asia Co. is now underway in China. As the company started supplying timing the systems only from beginning of this year, volumes are not that large yet, said Vice President Shuji Miyamoto of Gates Unitta Asia. However, from next year onward the company expects sales volumes of automobiles with timing belt-in-oil...
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Tigers Polymer Corp. (TYO:4231), a major manufacturer of automotive rubber components and plastic hoses for home appliances and civil engineering, is expecting in its April 2016 – May 2017 net sales to see a recovery in demand for automotive parts in the Chinese market. Speaking recently in an interview with Japan Rubber Weekly, President Kentaro Watanabe said that he anticipates...
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