industry forecast

New Year’s Interview: JRMA President Ikuji Ikeda Discusses Priorities for 2019 – Part 1

Ikuji Ikeda, president and CEO at Sumitomo Rubber Industries Ltd. (TYO:5110), was inaugurated last May as the 15th president of the Japan Rubber Manufacturers Association (JRMA). Japan Rubber Weekly recently sat down with Ikeda to hear his thoughts on the association and the industry heading into 2019. Defining his role with the JRMA, Ikeda said that he sees his job...

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Bridgestone CEO Comments on Recent Troubles in Japanese Manufacturing

Bridgestone Corp. (TYO:5108) CEO Masaaki Tsuya recently offered comments regarding the series of problems this year that some say has shaken confidence in Japanese manufacturing. Speaking at a year-end press conference, Tsuya said that he does not believe that confidence in Japanese manufacturing has been undermined. He maintained that the earnestness and strong work ethic of Japanese people has not...

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Japanese Glove Sales Remain Strong as Focus on Work Safety Grows

Japan’s domestic sales volumes of glove products remained firm in 2016, up slightly from the year before, according to a report by the Japan Glove Manufacturers Association. Domestic sales of household gloves totaled 91.84 million pairs during 2016, up 0.2 percent from the previous year, while sales for surgical gloves increased 1.5 percent to 79.02 million pairs. Ultra-thin disposable gloves...

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JATMA Study Upwardly Revises Forecast for 2017 Tire Demand in Japan

The Japan Automobile Tyre Manufacturers Association (JATMA) has revised its forecast of tire demand for the business year through next March, reflecting anticipated annual domestic demand for close to 118.83 million tires, an upward revision of 626,000 tires from the initial forecast. The upward revision adds a full percentage point to the expected year-on-year increase in fiscal 2017 annual domestic...

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Rubber Industry Forecast ’16 (Part 2)—50% of Manufacturers Expect Higher Sales

Manufacturers Part 2—Under 1 percent of respondents answered that they expect "double-digit growth" for "forecast (planned) 2016 net sales," while roughly half the companies, or 48 percent, forecast "single-digit growth." A total of only 14 percent of respondents forecast either "single-digit" or "double-digit" declines in revenues.

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Rubber Industry Forecast ’16 (Part 1)—Manufacturers Expect Stable or Better Performance

Manufacturers Part 1—A recent survey conducted by Japan Rubber Weekly found that over half of respondents, or 54 percent, expect the rubber industry's performance to remain "stable" in 2016, while 23 percent believe it will be "somewhat better" or "better." Meanwhile, 21 percent responded that it will be "somewhat worse" or "worse."

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