Sitting down for a recent interview with Japan Rubber Weekly, Toyoda Gosei Co. Ltd. (TYO:7282) President Naoki Miyazaki said that the automotive industry is entering a massive, once-in-a-century turning point. Such a shake-up to business is an opportunity for growth, he said. Miyazaki spoke on the impact of electrification and Toyoda Gosei’s strategy to deal with it, saying that although...
Tigers Polymer Corp. (TYO:4231) President Kentaro Watanabe recently sat down with Japan Rubber Weekly to talk about his company’s overseas operations for 2017 and where he expects to see things go here moving forward. Sales for the industrial rubber and resin products manufacturer are generally in good shape across the Americas, Southeast Asia and China, Watanabe said, particularly in China....
Okamoto Industries Inc. (TYO:5122) President Yoshiyuki Okamoto believes that his company this year will likely be able to maintain the business performance that it saw with automotive products in 2017. Sitting down for an interview recently with Japan Rubber Weekly, Okamoto said that he expects these products to keep up sales levels, particularly in the U.S. and China, though he...
Zeon Corp. (TYO:4205) President Kimiaki Tanaka recently spoke with Japan Rubber Weekly about how the accelerating trend toward electric vehicles (EVs) will impact his company. Tanaka said that specialty rubber, which is used in parts around automotive engines and is central to the company’s earnings, will be used less and less as the industry continues its march toward EVs. Zeon...
JSR Corp. (TYO:4185) President Mitsunobu Koshiba is hoping to see stable earnings for his company’s elastomer business. But to achieve this, he recently told Japan Rubber Weekly, JSR will need to take its marketing efforts for the sector onto the global stage. Koshiba said that his company’s elastomer business still has its sales largely directed at the Japanese domestic tire...
The Japanese market is witnessing a decline in demand for automotive belts, says Hajime Kakiuchi, president of major automotive belts and parts manufacturer Mitsuboshi Belting Ltd. (TYO:5192). Sitting down recently for an interview with Japan Rubber Weekly, Kakiuchi said that the drop-off comes as a consequence of not only the shift to electric vehicles (EVs) but also with the expanded...
