Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has formed a basic business alliance agreement with TripodWorks Co. Ltd. and Sysgration Ltd., looking through this to create a new solutions system for tire management. Not content to stop simply at conventional tire sales, Sumitomo Rubber is aiming through this agreement to create a solutions system that makes use of...
Japanese rubber sheet manufacturers are showing largely positive business results for fiscal 2018. In addition to rubber sheets performing well in the automotive sector and the infrastructure and construction sector – which serve as the two primary sources of demand for such sheets – a healthy economy has led to activity in a wide range of other sectors too, causing...
A three-party agreement between Sumitomo Riko Co. Ltd. (TYO:5191), Itoshima City and Kyushu University has entered into its second term, which is set to span fiscal 2019–2021. Carried out at Itoshima City Hall, Itoshima, Fukuoka Prefecture, these joint efforts seek to build up a comprehensive regional care system while also making strides more broadly in the areas of health, medical...
Toyoda Gosei Co. Ltd. (TYO:7282) is looking to accelerate its development of vehicle interior and exterior modules for the coming age of automated driving, investing in Imuzak Inc., a firm with strengths in optical design and evaluation. The outlay of 50 million yen ($450,000) is the first to be implemented by the new Corporate Venture Capital Department, established up by...
Zeon Corp. (TYO:4205) is seeing strong sales growth with its business for solution-polymerized styrene–butadiene rubber (S-SBR), recording year-on-year growth of 9 percent to its sales here for fiscal 2018. Going forward, the expectation is that this same level of growth will continue – and if it does, the company will likely have both its production and its sales of S-SBR...
The Japanese Rubber Workers’ Union Confederation has released the results of its 2019 spring labor initiative aimed at securing higher wages and bonuses for workers at major rubber companies. As part of this, the organization announced that 56 of its 58 member unions submitted wage requests, of which 49 have reached a settlement with the relevant companies. Meanwhile, 49 unions...
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