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Bridgestone Recognized for Promoting D&I

on March 14, 2024 in Industry

Bridgestone has been recognized by the Japan Women’s Innovative Network (J-Win), an organization established to support the promotion and establishment of diversity management in the corporate sector. The company has been awarded the “Basic Achievement Runner-Up Award” in the basic category of the “2024 J-Win Diversity Awards,” which are given to leading companies that promote diversity and inclusion (DE&I). Bridgestone...

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Bridgestone and NTT Accelerate Joint Research

on March 8, 2024 in Industry

NTT and Bridgestone have selected “Digital Twin,” “Sustainability,” and “Environmental and People-Friendly Urban Development through Tires” as joint creation themes that use the technological strengths of both companies, and began their efforts on February 29. The joint experiments will be promoted for each theme, with the aim of creating new technology and value by sequentially starting social implementation in the...

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Synthetic Rubber Production Down 16% in 2023

on March 7, 2024 in Industry, Materials

Synthetic rubber production for 2023 totaled 1,158,183 tons, down 16.0% from the previous year, according to a report by the Synthetic Rubber Industry Association. Production of general-purpose rubber, mainly used for tires, fell sharply, with SBR down 10.9% and BR down 15.5%. The Japan Automobile Tire Manufacturers Association (JATMA) reported a 3.4% decline in tire production for the same year....

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Report: Japanese Rubber Companies Face Challenging Economic Conditions Abroad

on March 6, 2024 in Industry

The U.S. and China are not only the two largest economies in the world, but also the world’s number one and number two consumers of new rubber. The economic situation in the two countries has had a significant impact on the performance of Japanese rubber companies. In China, in addition to economic stagnation, Japanese automakers are struggling with sales. In...

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Japanese Tire Majors Line up Record Profits

on March 5, 2024 in Industry, Tires

The four major Japanese tire makers posted record-high performance figures for the fiscal year ending December 31, 2023, citing the favorable external environment and the strong tailwind of lower ocean freight and raw material prices and a weaker yen as main reasons for the boosted earnings. The combined increase in the three business profit categories (adjusted operating income for Bridgestone...

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Construction Equipment Demand Forecast for FY2023 and FY2024

on March 1, 2024 in Industry

The Japan Construction Equipment Manufacturers Association (CEMA) held a press conference in Tokyo on February 21 to announce its construction machinery demand forecasts for fiscal 2023 (April 2023 – March 2024) and fiscal 2024 (April 2024 – March 2025). The forecasts were compiled based on a questionnaire survey conducted in January of this year among 62 regular members of the...

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