With an ordinary income of 226.91 billion yen ($2.205 billion) in fiscal 2015, Bridgestone Corp. (TYO:5108) held the top spot among 165 major Japanese rubber manufacturers, found a survey published in the September issue of Japan Rubber and Elastomers, a monthly sister publication of Japan Rubber Weekly. For Bridgestone, this marked a 0.4 percent year-on-year decline. The number two, Toyo...
Total sales for 165 major Japanese rubber manufacturers stood at 4.303 trillion yen ($42.069 billion) in fiscal 2015, according to a survey of non-consolidated business results published in the September issue of Japan Rubber and Elastomers, a monthly sister publication of Japan Rubber Weekly. Total sales for the 159 companies with comparable sales in fiscal 2014 were 4.267 trillion yen,...
During a recent interview granted to Japan Rubber Weekly, Tetsu Matsui, president and COO of Sumitomo Riko Co. Ltd. (TYO:5191), shared his thoughts about the company’s overseas operations and strategies for getting new business, especially its plans to gain new customers by establishing and utilizing the Advanced Automotive Systems R&D Center, a new facility intended to boost profitability. Matsui said...
Tetsu Matsui, president and COO of Sumitomo Riko Co. Ltd. (TYO:5191), said in a recent interview with Japan Rubber Weekly that although net sales fell due to currency exchange losses caused by a higher yen and despite a cloudier picture that falling business confidence paints for future profits, the company’s performance has been largely as planned. Matsui said that Sumitomo...
In a recent Japan Rubber Weekly survey, a majority of management executives from 171 manufacturers of tires, industrial rubber and resin products expressed pessimism about the economic recovery (read related article here). Asked specifically about what business problems were cause for concern, executives primarily pointed to (1) rapid exchange-rate movements, coming on 55.5 percent of the responses; (2) economic trends,...
In a recent survey conducted over the first half of July, Japan Rubber Weekly (JRW) spoke to management executives from 171 manufacturers of tires, industrial rubber and resin products about their respective business conditions and financial outlooks. JRW received responses from 121 companies, 70 percent of those surveyed. Asked about the current market state of their respective industries compared to...
