Togawa Rubber plans to revise the prices of its L-100 ethylene-propylene rubber (EPT) sheet with a hardness of 65° for shipments on July 1, and its BL-100 natural black rubber sheet with a hardness of 65° for shipments on October 1. The company said that the price revision is due to the following reasons: “For L-100, it has become difficult...
While Bridgestone aims to expand tire sales in its tire business in Europe this fiscal year, the company is rushing to address the impact and outlook of EUDR-compliant natural rubber procurement costs by promoting activities to realize a sustainable supply chain based on its Global Sustainable Procurement Policy. Products using natural rubber, such as natural rubber and tires, are subject...
Kohshin Retread, a wholly owned subsidiary of Kohshin Rubber that manufactures and sells retread tires, held a ceremony on June 6 to mark the completion of its new headquarters and plant in the Watari Chuo Industrial Park, which will begin operations on June 10. The new headquarters and plant consist of an office building, a factory, a workshop and a...
Fukoku, a manufacturer of automotive rubber products, presented on May 22 its new medium-term management plan, which started this fiscal year and will end in fiscal 2027. In addition to the two business strategies of “strengthening existing businesses” and “expanding growth and new businesses,” the new medium-term plan aims to maximize profitability by reforming the management base with a focus...
Nishikawa Rubber, a Hiroshima-based manufacturer of sealing products and industrial rubber products, has formulated its “2030 Global Medium- to Long-Term Management Plan.” The company aims to achieve sales of 130 billion yen ($833.75 million) or more, operating income of 13 billion yen or more, operating margin of 10% or more, ROE of 9% or more, and ROIC of 8% or...
Mitsuboshi Belting, a manufacturer of industrial rubber products and rubber belts, announced at a financial result briefing on May 20 the outline of its new ’24 Mid-Term Management Plan, which will run through fiscal 2026. The company’s ideal state for fiscal 2030 is to “establish a strong corporate structure that is resilient to change,” and it has set numerical targets...
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