Toyoda Gosei Co. Ltd. (TYO:7282) has developed a new driver-side airbag with an innovative structure able to more safely protect the occupant. The airbag is fitted in the new Honda Civic, which launched in the U.S. market this June. In order to better protect the driver from angled head-on collisions, the new product makes use of an innovative structure. A...
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Toyoda Gosei Co. Ltd. (TYO:7282) has switched over to getting all of its energy from renewables at three locations across Japan, making the shift here at its World Headquarters, its Inabe Plant and its Miyoshi Distribution Center. Toyoda Gosei has already been cutting down on its overall energy use via a number of energy-saving initiatives. This has seen the company...
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Toyoda Gosei Co. Ltd. (TYO:7282) recently announced its development of Smart Insoles, a new type of shoe insole that incorporates the company’s e-Rubber sensors to obtain data on foot pressure as the wearer moves. The company has now also started shipping samples of these insoles to a golf school operated by Mizuno Corp (TYO:8022). A next-gen rubber that moves when...
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Toyoda Gosei Co. Ltd. (TYO:7282) posted IFRS-based 721.5 billion yen ($6.61 billion) in sales revenue for the fiscal year ending March 2021, marking an 11.2 percent drop from the previous fiscal year. Operating income was 36.48 billion yen, up 103.9 percent annually, while net profit was 35.21 billion yen, up 213.6 percent. While sales increased as major customers in China...
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Toyoda Gosei Co. Ltd. (TYO:7282) has reported its business results for fiscal 2020 and announced its projections for fiscal 2021. The company’s results for last fiscal year saw sales revenue fall 11.2 percent year-on-year to 721.5 billion yen ($6.61 billion), while operating profit rose 103.9 percent to 36.48 billion yen and net profit rose 213.6 percent to 35.21 billion yen....
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Toyoda Gosei UK Ltd. (TGUK), a local subsidiary of Toyoda Gosei Co. Ltd. (TYO:7282), is planning to end its production operations. The company is currently looking to consult with employees regarding the proposed closure. With automakers continuing to scale back or close their production in the U.K., TGUK has determined that it cannot expect to achieve growth going forward. This...
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