Chinese tire manufacturers, even the ones that make the best product, have experienced flat year-on-year growth for passenger vehicle tires, while year-on-year performance is down 30 percent for truck and bus tires. Even so, local tire makers say this situation is good for their companies. Things are said to be even worse for off-road (OR) tires for construction vehicles. This...
China’s rubber industry is seeking to shift its focus from growing larger to being stronger. The new direction was unveiled at the China Rubber Conference 2016, organized by the China Rubber Industry Association, between March 22 and 25. China is aiming to strengthen its rubber industry due to declining demand, surging labor costs and dim prospects for a rapid recovery...
Message to New Employees Takashi Shimizu, president of Toyo Tire and Rubber Co. Ltd. (TYO:5105), recently addressed the company’s new employees in a speech where he told them to take basic work principles on board. Shimizu told the new recruits that, since becoming president, he has been saying that employees should have a sense of crisis in the sense that...
Message to New Employees At the recently held entrance ceremony of Yokohama Rubber Co. Ltd. (TYO:5101), President Hikomitsu Noji stressed three key points in his speech to new employees. First, he told the recruits to have a dream or a goal of what kind of person they would like to become. Noji told them to always imagine themselves five or...
Message to New Employees In Japan, graduates traditionally start their corporate careers by joining new employers on April 1 of each year. At the recently held entrance ceremony of Sumitomo Rubber Industries Ltd. (TYO:5110), President & CEO Ikuji Ikeda spoke to the company’s new employees, saying that he would like them to keep four things in mind. First, he asked...
Message to New Employees April is a period in Japan that sees recent graduates ushered into the workforce. With this, tire companies’ upper management have encouraged their new recruits by way of communicating their corporate identities. One such company to do this is Bridgestone Corp. (TYO:5108), which recently held an initiation ceremony that saw CEO Masaaki Tsuya lay out what...
