Member unions of the Japanese Rubber Workers Union Confederation (JRC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Looking specifically at the per-company wage demands for 35-year-old workers in the tire industry, unions are demanding a 5,600 yen ($52.70) increase from Bridgestone Corp. (TYO:5108), a 5,500 yen...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently started delivering the Dunlop Enasave EC300+, an environmentally friendly tire, to Nissan Motor Co. Ltd. (TYO:7201) for use in the automaker’s updated Nissan Serena e-Power, which is slated for a Japanese launch this March. The Enasave EC300+ has been developed with optimization of the new Serena e-Power’s performance in mind. Aside from its high...
Sumitomo Rubber Industries Ltd. (TYO:5110) is set to release the Sportmax Roadsport2, a new sport radial tire for motorcycles, on March 1. The company aims to sell 10,000 of the tires for the first year. On top of the line’s existing sports performance in metrics such as grip, long life and handling, the new tire is designed to add further...
Sumitomo Rubber Industries Ltd. (TYO:5110) plans to surpass its sales goals for 2018, said President and CEO Ikuji Ikeda in a recent interview with Japan Rubber Weekly. The company, he said, is looking to turn around its business ahead of 2020, the company’s Vision 2020 target year. Ikeda said that the automotive industry, to which Sumitomo Rubber is deeply connected,...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has obtained the highest rating under the Development Bank of Japan Inc.’s (DBJ) Environmentally Rated Loan Program. The program uses a screening system developed by the DBJ to evaluate companies on their environmental management. Companies with excellent environmental ratings are selected to receive special loan conditions based on their rating. Sumitomo...
Sumitomo Rubber Industries Ltd. (TYO:5110), a company certified under the Ministry of the Environment’s Eco-First Program, recently announced that it has submitted its updated Eco-First Commitments to the Minister of the Environment. The Eco-First Program is an initiative in which companies pledge their own efforts to protect the environment, including measures against global warming, to the Minister of the Environment....
