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Review of the Japanese Rubber Industry in 2023

The year 2023 was a year in which the rubber industry was greatly affected by the surrounding environment. The easing of semiconductor shortages led to a recovery in automobile production, the main source of demand, but higher raw material prices, electricity and other utility costs, logistics costs, labor costs, and various other costs affected business performance. The rubber industry in...

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Rubber Union Demands 2% Wage Hike

The Japanese Rubber Workers Union Confederation has finalized its official spring 2016 policy to improve the living standards of its membership. The committee approved demands focusing on wages, lump-sum payments, measures to combat excessive work and other issues. With regard to improving wages, the union decided to demand a raise of around 2 percent.

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