Bridgestone will join as title sponsor the FIA (Federation Internationale de l’Automobile) “ecoRally Cup,” a rally competition to determine the most efficient use of electricity by vehicles. The new event will be called the “Bridgestone FIA ecoRally Cup” and Bridgestone and the FIA will support the ecoRally Cup through a multi-year partnership agreement. The Bridgestone FIA ecoRally Cup will respond...
Industry
JATMA Supports End-of-Life Tire Removal Project in Kuma City
The Japan Automobile Tyre Manufacturers Association (JATMA) has recently confirmed that the project for restoring Kama City to its original state through the removal of waste tires has been completed. JATMA decided on January 7, 2022 to grant support funds of 17.1 million yen ($128,000) to the city, receiving a letter of appreciation for its support. The association removed 250.14...
Japan’s Rubber Unions Submit Demands, See Wage Improvements Progressing
The Japanese Rubber Workers Union Confederation (JRC), an organization of labor unions in rubber companies, has submitted its demands for the improvement of living standards for the spring season of 2023. As of March 8, 50 unions had submitted their demands, according to a survey conducted by JRC. According to the survey, 39 unions submitted an average wage increase (weighted...
Yokohama Rubber Signs Partnership Agreement With Swimmer Rikako Ikee
Yokohama Rubber said it will sign a partnership agreement with swimmer Rikako Ikee to work with the company. At the announcement held on March 6, President Masataka Yamaishi said, “Our company has entered into a partnership agreement with Rikako Ikee effective April 1. I believe that many people in Japan were encouraged by the way she never gave up and...
METI Report: Shipment Value of Rubber Products up 5.1% in 2022
According to the Feb. 14 report on rubber product production and shipments published by the Ministry of Economy, Trade and Industry (METI), the total value of rubber product shipments in 2022 (January-December) was 2.3 trillion yen ($22.72 billion), up 5.1% from the previous year, marking the second consecutive year of year-on-year growth. By product category, the value of rubber products...
Japan’s Four Major Tire Companies Release 2022 Financial Results
The four main tire manufacturers based in Japan have now all announced their results for calendar 2022. With sales volume on the rise, a weak yen, and a spate of price hikes made in response to surging raw material costs and other costs, all four of these companies saw their revenue increase for the year. However, they were split with...