In July, the Yokohama Magokoro (Sincere Heart) Fund, a social contribution fund by Yokohama Rubber employees, donated to support the activities of Child Fund Japan, which conducts a sponsorship program to watch children grow up while exchanging letters. Yokohama Rubber matched the donation as a matching gift, bringing the total amount of support to 384,000 yen ($2,800). This is the...
Industry
JATMA Revises 2022 Japanese Tire Demand Forecast Downward – Part 1
The Japan Automobile Tire Manufacturers Association (JATMA) recently released its 2022 Mid-Year Review of Japanese Automotive Tire Demand. According to the review, the 2022 forecast is expected to be 3 percent up for new vehicle tires when compared to the previous year, flat for after-market vehicle tires, 1 percent up for special vehicle tires and flat for motorcycle tires. The...
Bridgestone’s Innovation Center Achieves LEED GOLD certification
Bridgestone’s innovation center B-Innovation, located in the Bridgestone Innovation Park in Tokyo, has received the GOLD certification under the LEED (Leadership in Energy and Environmental Design) environmental performance evaluation system. This is the fifth time the company group has acquired this certification globally and the first time in Japan. The LEED certification is a system for evaluating the environmental performance...
Bridgestone Invests in Startup Company Developing Software for Autonomous Driving
Bridgestone has invested in Tier IV, a Nagoya-based startup company that develops software for autonomous driving. Tier IV leads the development of Autoware, the world’s first open-source software for autonomous driving. The company also provides various partners with the solutions necessary for the development and operation of self-driving vehicles. Autoware has all of the features needed for designing autonomous driving,...
Bridgestone to Donate $1M to UN Road Safety Fund
Bridgestone will donate over the next four years a total of $1 million to the United Nations Road Safety Fund (UNRSF). The company aims to contribute to global road safety activities as road traffic crashes claim 1.35 million lives worldwide each year and are the leading cause of death among young people. More than 90 percent of these occur in...
Toyoda Gosei to Bolster Supply by Investing Into Chinese Auto Parts Manufacturer
Toyoda Gosei is aiming to strengthen its supply network for interior and exterior auto parts in central China. Plans here are set to see the company invest in Wuhan Binyu Auto Part by leveraging Toyoda Gosei (China) Investment, a consolidated subsidiary for the Chinese market. Wuhan Binyu is part of the Yibin Group, which supplies interior and exterior auto parts...