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...
Responding to increased global demand, Mitsui Chemicals Inc. (TYO:4183) will increase annual production capacity of its Milastomer thermoplastic elastomer by 5,000 tons. The company will invest almost 1 billion yen ($10 million) in expanding production facilities of its wholly-owned subsidiary Sun Alloys Co. Ltd., adding one production line of 5,000 annual tons. Construction will start in February 2017 and is planned...
Demand for automobile tires in Japan is expected to decrease for a second consecutive year, according to the mid-year review of domestic tire demand for 2016 published by the Japan Automobile Tire Manufacturers Association (JATMA) on July 21. The review places gross demand for tires including those for special and two-wheeled vehicles at 117.366 million units, a decline of 1.837...
The Japan Automobile Tyre Manufacturers Association (JATMA) has published the 2016 edition of “Tyre Industry of Japan.” It is available for free download as a PDF file on JATMA’s official website in English here. In addition to containing multiple reference data – including figures, tables and graphs – the document features an overview of JATMA, its member organizations, a brief history...
Combined rubber hose production (new rubber) for May was 2,446 tons, a 6.6 percent decrease over previous years, while shipping revenue for the month dropped 2.6 percent to 9.8 billion yen ($96 million), according to records collated by the Japan Rubber Hose Manufacturers Association based on statistics from the Ministry of Economy, Trade and Industry (METI). Both production and shipping...
Asics Corp. (TYO:7936) has opened Asics Store Shanghai Huai Hai Road, a new directly managed retail outlet in the city center of Shanghai, China. Positioned as a flagship store in the Chinese domestic market, the retail outlet is located on the same Huai Hai Road that, as a prime commercial area in Shanghai, is already home to the flagship stores...
