Sumitomo Rubber Posts Record Revenues and Business Profit: 9M Results Nov. 21, 2024. - Sumitomo Rubber reported its results for the nine months (January-September) of the fiscal year ending December 31, 2024, with sales revenue of 874.94 billion yen ($5.64 billion), up 2.8% year-on-year; business profit of 61.51 billion yen, up 46.6%; and net income of 4.05 billion yen, down 85.1%. Sales revenue and business profit reached record highs for the same period. Net […]
Yokohama Rubber to Close Off-Highway Tire Plant in Israel Nov. 20, 2024. - Yokohama Rubber has decided to close the plant of Alliance Tire, its subsidiary in Israel that produces and sells off-highway tires (OHT), including tires for agricultural machinery, at the end of December. The plant is one of more than 30 production bases that Yokohama Rubber operates globally and has been in operation for more than 70 years. It has 474 […]
Influx of Low-priced Asian Tires Affects North American Market: Report Nov. 18, 2024. - Bridgestone, Sumitomo Rubber, Yokohama Rubber and Toyo Tires have released their nine months (January-September) financial results for fiscal 2024. While some companies achieved record-high performance in the same period, partly due to the effect of yen depreciation, the North American market, which is in a sense a dollar box for Japanese, European, and U.S. tire makers, was affected by the […]
ISO/TC45 to Respond to Environmental Challenges Nov. 11, 2024. - The establishment of a subcommittee on the environment in ISO/TC45 is gaining momentum. The Working Group 16 (Environmental Aspects) has been dealing with environmental issues for a long time. However, with the rubber industry actively working to achieve material recycling on a global scale, the working group is scheduled to be upgraded one level higher to subcommittee. Originally, ISO/TC45 is […]
Yokohama Rubber to Close Off-Highway Tire Plant in Israel Nov. 20, 2024. - Yokohama Rubber has decided to close the plant of Alliance Tire, its subsidiary in Israel that produces and sells off-highway tires (OHT), including tires for agricultural machinery, at the end of December. The plant is one of more than 30 production bases that Yokohama Rubber operates globally and has been in operation for more than 70 years. It has 474 […]
Bridgestone to Increase Production Capacity at Indian Plants Nov. 19, 2024. - Bridgestone India will increase the production capacity of premium passenger car tires at its Pune and Indore plants. The investment will be around $85 million and will begin in phases starting at the beginning of 2025. The Pune plant will increase its annual production capacity by approximately 1.1 million tires by 2029, and the Indore plant will invest in quality […]
NOK Posts Increasing Sales and Profits in First Half Nov. 15, 2024. - NOK announced that for the first half (April-September) of the fiscal year ending March 31, 2025, net sales were 393.67 billion yen ($2.56 billion), up 11.1% year-on-year, operating income was 19.08 billion yen, up 292.4%, ordinary income was 21.12 billion yen, up 28.8%, and net income was 13.60 billion yen, up 11.7%. “Both sales and operating income were higher than […]
Nitta Says Sales Stable in First Half, Maintains Forecast Nov. 14, 2024. - Nitta announced a 1.3% year-on-year increase in net sales to 44.36 billion yen ($288.40 million), a 1.5% increase in operating income to 2.56 billion yen, a 16.5% increase in ordinary income to 7.25 billion yen, and a 16.3% increase in net income to 5.83 billion yen for the first half (April-September) of the fiscal year ending March 31, 2025. Sales […]
Sumitomo Rubber Posts Record Revenues and Business Profit: 9M Results Nov. 21, 2024. - Sumitomo Rubber reported its results for the nine months (January-September) of the fiscal year ending December 31, 2024, with sales revenue of 874.94 billion yen ($5.64 billion), up 2.8% year-on-year; business profit of 61.51 billion yen, up 46.6%; and net income of 4.05 billion yen, down 85.1%. Sales revenue and business profit reached record highs for the same period. Net […]
Tosoh Posts First Half Results, Chloroprene Rubber Sales Up Nov. 13, 2024. - Tosoh reported for the first half (April-September) of the fiscal year ending March 31, 2025, net sales of 527.62 billion yen ($3.43 billion), up 8.6% year-on-year; operating income of 47.39 billion yen, up 47.6%; ordinary income of 45.11 billion yen, up 1.6%; and net income of 24.94 billion yen, down 6.6%. Among the segments, the petrochemical business posted sales of […]
Interview With Bando Chemical President Tomio Ueno Sep. 3, 2024. - Bando Chemical is pursuing its medium-term business plan under the three guiding principles of Value Creation, Smart Manufacturing Creation, and Evolution of Organizational Capabilities for the Future. With co-creation as its keyword, the company is working to create new value and steadily achieving results in the fields of electronic materials, medical equipment, and healthcare equipment. Japan Rubber Weekly sat down […]
Interview With Yokohama Rubber President and COO Shinji Seimiya Aug. 21, 2024. - Japan Rubber Weekly recently sat down with Shinji Seimiya, president and COO of Yokohama Rubber, to talk about the company’s latest developments. Semiya is in charge of tire design and development, as well as manufacturing, quality, and and overseeing technology and production on a global scale. Under the new mid-term management plan Yokohama Transformation 2026 (YX2026), which started this year, […]Nagoya University and Aisin Chemical Develop Next-gen Structural Adhesive Oct. 1, 2024. - A research group led by the Graduate School of Engineering at Nagoya University has developed a next-generation structural adhesive with superior impact strength and peel strength through joint research with Aisin Chemical. The newly developed adhesive, when used in automobiles and other vehicles, will greatly contribute to vehicle weight reduction, improved driving stability, improved fuel efficiency, and reduced emissions. The […]
Toyoda Iron Works Launches Sheet-shaped Cushioning Material Aug. 30, 2024. - Toyoda Iron Works has succeeded in developing Toyototsu, a sheet-shaped cushioning material that has already been widely used in automobile armrests, consoles, instrument panels, and other parts. The company has recently succeeded in extrusion molding, instead of the conventional injection molding process, using the proprietary technology of Osaka-based Katsuron, and has begun developing applications not only for automobiles but also […]
Nitta Posts Financial Results, Sees Opportunity in Semiconductor-related Business May. 24, 2024. - Nitta announced net sales of 88.61 billion yen ($565.29 million), up 0.7% year-on-year; operating income of 4.42 billion yen, down 11.4%; ordinary income of 12,01 billion yen, down 6.9%; and net income of 9.68 billion yen, down 9.2%, for the fiscal year ending March 31, 2024. “Sales were decent, but profits fell sharply due to a slower-than-expected decline in the […]
Special Report: Signs of Recovery in Demand for Rubber Sheets Apr. 26, 2024. - Signs of recovery have emerged in demand for fluorine rubber sheets, which had been in a slump. With the elimination of the oversupply of semiconductors, there has been movement in the production of semiconductor manufacturing equipment, which had been undergoing production adjustments, and this has led to an upturn in current demand. Demand for silicone rubber sheets is also increasing […]
