Toyoda Gosei Co. Ltd. (TYO:7282), Toyota Group’s sole manufacturer of rubber and plastic polymeric parts for automobiles, posted a year-on-year decline in sales volume for the first quarter, falling 5.1 percent to drop to 178.02 billion yen ($1.76 billion). Pretax profit likewise fell, dropping 5.4 percent for a mark of 7.352 billion yen. Toyoda Gosei’s revenue hits came on account...
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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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Toyoda Gosei Co. Ltd. (TYO:7282) developed a retrofittable alert system that detects dangerous driving behaviors such as taking eyes off the road and nodding off at the wheel in order to help prevent accidents involving its trucks it sold. The system, which consists of a replacement handle equipped with a camera and a smartphone installed with a dedicated application, sends...
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The efforts of business activities to date are beginning to come to fruition for Toyoda Gosei Co. Ltd. (TYO:7282), Toyota Motor Group’s sole manufacturer of rubber and resin automotive components. Speaking of his ambition in a recent interview, President Naoki Miyazaki said that 2016 is a year in which Toyoda Gosei is looking to make full-scale developments. However, Miyazaki said,...
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