nichirin

Nichirin Prepares for Auto Industry’s Shift to Electric Vehicles

Nichirin Co. Ltd. (TYO:5184), a manufacturer specializing in automotive hoses, has set up a production technology center within the company’s Himeji Factory. In a recent interview with Japan Rubber Weekly, Nichirin President Ryuichi Maeda said that the company will use the center to tackle innovative manufacturing and develop new production methods. In addition, he said, Nichirin will focus on bolstering...

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Nichirin Achieves Two-Digit Increase to Income, Profit for Q2

Nichirin Co. Ltd. (TYO:5184), a large manufacturer of automotive rubber parts, recently released its business results for the second quarter of the fiscal year ending December 2017. The company posted sales of 29.01 billion yen ($265.64 million), up 15.9 percent over the same period last year; an operating profit of 4.39 billion yen, up 22.5 percent; and an ordinary profit...

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Nichirin to Establish Manufacturing and Sales Base in China for Automotive Hoses

Nichirin Co. Ltd. (TYO:5184) decided in a recent board meeting to invest around $40 million in the establishment of a subsidiary in China for the manufacturing and sales of automotive parts. The subsidiary, tentatively named Jiangsu Nichirin Automobile Accessories, will be located in Changshu, Jiangsu Province. Products will include hoses for cars and motorcycles. Nichirin already has auto parts operations...

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Amid Limelight on China, Japanese Rubber Industry Quietly Continues Expansion Into Europe

The period since the 1960s has seen a spurt of overseas expansion from Japanese companies involved in the rubber industry. This expansion has followed through from moving into Korea and Southeast Asia, centering on Taiwan, in the 1970s to North America in the 1980s and, since 2000, through into China and the ASEAN region. Recently, momentum has been gaining also...

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Japan Rubber Workers Union Confederation Negotiates 1,010 Yen Pay Scale Increase

The settlement results for labor force wages and annual bonuses have started to come out from the “spring offensive” negotiations in Japan. The Japanese Rubber Workers Union Confederation is comprised of 58 member unions. Forty-eight of those put forth wage demands to the companies of the unions’ respective labor forces, from which 20 unions have reached conclusions. Regarding annual bonuses, 45...

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Global Integration an Ongoing Project—Nichirin

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...

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