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Think Globally – Toyo Tires President Shimizu

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...

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Always Be Open and Responsive – Yokohama Rubber President Noji

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...

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Nurture Relationships with Colleagues and Managers – Sumitomo Rubber President Ikeda

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...

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Communication is Essential – Bridgestone CEO Tsuya

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...

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Kinugawa Rubber Writes Off Some of Kinugawa Mexico Debt

Kinugawa Rubber Industrial Co. Ltd. (TYO:5196) has written off some of the debt held by consolidated subsidiary Kinugawa Mexico SA De Cv. Writing off this debt is intended to free Kinugawa Mexico of excessive liabilities and fortify its financial footing. The debts forgiven, including accounts receivable, amounts to $13 million. This move means Kinugawa Rubber Industrial has booked approximately 1.47...

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Bridgestone Questioned About Surplus Capital Usage

Bridgestone Corp. (TYO:5108) has held its general shareholders’ meeting, attended by 630 stakeholders, who asked Bridgestone leadership about a variety of topics. Those topics included the company’s use of surplus capital, the outlook for fiscal 2016, corporate governance as a firm with a nominating board and other committees, business results for fiscal 2015, the company’s Contact Area Information Sensing (CAIS)...

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