Industrial rubber products, whose prices have been raised in recent years against a backdrop of soaring raw material prices, are facing the need for further price increases. Utility costs such as electricity and gas remain high, and distribution costs are also rising. In addition, labor costs must be further raised to secure human resources, and the weak yen, which is...
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This article follows part 1 in a series of 2 on a Japan Rubber Industry survey conducted in July of the rubber and plastic product manufacturing industry regarding business conditions and outlook conducted. In the “Fiscal 2022 Earnings Forecast (Plan),” sales continue to recover, but the outlook for ordinary income is divided. The largest share of companies expect “single-digit increase”...
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In July, Japan Rubber Industry conducted a survey of the rubber and plastic product manufacturing industry regarding business conditions and outlook. According to the survey results, fiscal 2021 performance has recovered significantly from the previous year’s impact of the coronavirus pandemic, but many companies have not yet reached pre-pandemic levels. Business confidence is also stalling at the moment, and the...
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Japan Rubber Weekly recently carried out a survey on business conditions, earnings projections and other such topics in the rubber and polymer product manufacturing industry, conducting this over mid to late December. Answers from 100 respondents were then analyzed to get a picture of how things are going in this field. On the topic of earnings projections for fiscal 2021,...
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Japan Rubber Weekly recently sent a survey regarding current economic conditions to 156 domestic manufacturers of rubber and plastic products. Responses were received from 102 of these companies, helping to quantify expectations for the industry’s economic outlook. In an earlier survey conducted this January, the major concern was sluggish performance in demand industries on account of the U.S.–China trade war,...
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Japan Rubber Weekly recently conducted a survey asking Japan’s major rubber companies and their affiliates about their spring recruitment efforts for 2020. Among the 27 companies that responded, 1,524 new graduates were employed in this year’s spring recruitment intake – down by just seven new hires when compared to last year’s total of 1,531. Eleven of the 27 companies hired...
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