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Sumitomo Riko to Invest in US If NAFTA Collapses: CEO Nishimura

on January 30, 2017 in Interviews, Materials

Sumitomo Riko Co. Ltd. (TYO:5191) will need to boost production in the U.S. if renegotiation of the North American Free Trade Agreement (NAFTA) following President Trump’s inauguration results in high tariffs, said Chairman and CEO Yoshiaki Nishimura. Speaking at a recent media gathering, Nishimura stated that the company will monitor developments involving NAFTA, tailoring investment and employment plans accordingly and...

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Okamoto to Upgrade Factories in Japan, Expand Condom Business in Asia: President

on January 25, 2017 in Interviews, Products

Okamoto Industries Inc. (TYO:5122) President Yoshiyuki Okamoto recently granted an interview with Japan Rubber Weekly to describe the company’s plans for the near-future. Okamoto said the company has plans to upgrade and redesign factories over the coming three years. Okamoto Industries will be aggressive in capital spending to streamline operations at plants in Japan, an effort that president Okamoto characterized...

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Nitta President Talks Overseas Business, Strategies to Cope With High Growth Rates

on January 25, 2017 in Interviews, Products

Speaking with Japan Rubber Weekly in an interview, Nitta Corp. (TYO:5186) President Motonobu Nitta said that regarding overseas development in 2017, the company has completed the facility at its U.S. plant and is now installing equipment. Operations are expected to start in July. In Thailand, the focus will be on Nitta Moore hose and tube products, where local production of...

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Looking Beyond Rubber, Mitsuboshi Belting Sees Future in Resin Auto Parts: President Kakiuchi

on January 20, 2017 in Interviews, Products

Speaking with Japan Rubber Weekly in an interview, Mitsuboshi Belting Ltd. (TYO:5192) President Hajime Kakiuchi said that he sees the number of hybrid vehicles and electric cars increasing in Japan going forward. Because there are demands in the automotive sector to reduce vehicle weight in light of improving fuel efficiency, Mitsuboshi Belting will step up its efforts to develop resin...

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Bando President Talks Current State of Business, Eyes Productivity Increases

on January 20, 2017 in Interviews, Products

Sitting down recently for an interview, Bando Chemical Industries Ltd. (TYO:5195) President Mitsutaka Yoshii offered his assessment on where the company stands today, as well as how it is looking to improve itself moving forward. The company, Yoshii said, has to work in 2017 on accelerating its measures for dealing with the exchange rate and other fluctuating outside circumstances. He...

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Zeon President Tanaka Talks S-SBR, Prospects Moving Forward

on January 17, 2017 in Interviews, Materials

Zeon Corp. (TYO:4205) needs to quickly find and master new solution styrene butadiene rubber (S-SBR) technology in order to develop a distinctive position, says President Kimiaki Tanaka. Sitting down recently for an interview, Tanaka said that with Zeon and Sumitomo Chemical Co. Ltd. (TYO:4005) having agreed to merge their S-SBR operations under a new joint venture, we will see a...

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