The total value of hose assembly sales during 2015 was 62.562 billion yen, 5 percent less than the previous year, representing a turn to negative territory after an annual increase in 2014, according to the Japan Hose Coupling Association (JHCA). For December alone, overall sales were down more than 10 percent from December of the previous year.
Rubber consumption will see its first annual increase in five years, according to a forecast by the Japan Rubber Manufacturers Association (JRMA). The combined total consumption volume of natural and synthetic rubber in 2016 is expected to amount to 1.3414 million tons, up 0.8 percent from the previous year. See a breakdown of the figures by major product category below.
Sumitomo Riko Co. Ltd. has concluded an exclusive distributor agreement with Hydroscand AB, a Swedish seller of high-pressure hoses based in Stockholm. The move will enable Sumitomo Riko to expand sales of high-pressure hoses in 43 countries in Europe and elsewhere. This marks the company's first full entry into the industrial hose business's European market.
Nitta Corp. has launched sales of Linemate LB70, a new series of ultra-flexible resin hose products with applications in hydraulic piping for machine tools and machining work. The new hoses are 15-25 percent more flexible than existing products and also have a major weight advantage.
New Year's Top Interview—Marugo Rubber Industries Ltd., a manufacturer of anti-vibration rubber and rubber hoses for Mitsubishi, Suzuki, Isuzu, Hino and Daihatsu automobiles and motorcycles, is embarking on a new mid-term business plan in 2016, said President Tatsuo Fujiki in an interview with Japan Rubber Weekly. He said that his focus is on energizing the company to succeed over the next 100 years.
New Year’s Top Interview: Nichirin President Ryuichi Maeda He wants to approach his work with passion in 2016, said Nichirin Co. Ltd. (TYO:5184) President Ryuichi Maeda during an interview with Japan Rubber Weekly. The head of the high-performance rubber hoses manufacturer for automobiles and motorcycles said he wants to encourage his employees to act with what he describes as a...