tire

Production Volume of Automobile Tire Tubes Down 17 Straight Months

The production volume of automobile tire tubes for April was 87,005 tons, a year-on-year decline of 6.3 percent. It marks the 17th consecutive month of production decline, according to data compiled by the Japan Automobile Tyre Manufacturers Association (JATMA). Four of six tire tube classifications saw year-on-year declines in production volume: trucks and buses, 9.1 percent; small trucks, 9.7 percent;...

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Japanese Tire Companies Boost Production Capacity in North America

Japanese tire companies are reaping higher profits in the North American market with the help of a livelier U.S. economy. That help is coming in the form of strong sales of large vehicles in the U.S. that is creating major demand for large tires fitted onto pickup trucks and SUVs. Bridgestone Corp. (TYO:5108) has responded to this demand by announcing...

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Yokohama Rubber to Expand Overseas Fuel-Efficient Tire Business

Hikomitsu Noji, president of Yokohama Rubber Co. Ltd. (TYO:5101), recently spoke with the Japan Rubber Weekly about the direction of the tire and non-tire businesses under the company’s current medium-term management plan. Noji said his company will concentrate on leveraging its advanced technological prowess based on three pillars: (1) focus on the global OE market; (2) achieve a stronger presence...

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Yokohama Rubber to Increase Production of Passenger Car Tires

Yokohama Rubber Co. Ltd. (TYO:5101) is increasing production of high-performance passenger car tires (18-plus inches in diameter) at its Shinshiro Plant, Aichi Prefecture. The company will commence construction on a new line this May and, with a launch planned for June 2017, is in position to have full production possible by April 2018. With an investment of 3.7 billion yen ($32.76...

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Sumitomo Rubber CEO Ikuji Ikeda (archive photo)

Sumitomo Rubber to Advance Global Strategy and Production—CEO Ikeda

Ikuji Ikeda, president and CEO of Sumitomo Rubber Industries Ltd. (TYO:5110), said in a recent interview with the Japan Rubber Weekly that he expects major progress in his company’s global strategy. The dissolution of the alliance agreement with The Goodyear Tire & Rubber Company of the U.S. will free Sumitomo Rubber of constraints in the North American and European markets...

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Rubber Machinery Systems Maker Suzuka Engineering Reaches Financing Agreement

Suzuka Engineering Co. Ltd. (Headquarters: Yokkaichi City, Mie Prefecture) reached a financing agreement last November with Hyakugo Bank Ltd. (TYO:8368) on the basis of an intellectual property business assessment report. Serving a wide spectrum of the rubber industry, Suzuka Engineering independently develops and designs rubber manufacturing processes and, most notably, industrial machinery instruments and systems for kneading operations. On the...

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