Shin-Etsu Polymer posted sales of 104.38 billion yen ($668.25 million), down 3.6% year-on-year, operating income of 11.05 billion yen, down 13.3%, ordinary income of 11.53 billion yen, down 11.2%, and net income of 8.67 billion yen, up 1.7% for the fiscal year ended March 2024. In the precision molded products segment, sales declined 4.8% to 47.61 billion yen, and operating...
Seal, a brand that upcycles discarded tires, began on April 16 limited-quantity pre-order sales of the Sneaker 501 Vibram Sole, Japan’s only high-performance sneakers made from discarded tire tubes. The product is made from discarded tire tubes from large trucks, which are not crushed or processed in any other special way, but are reused as a part of the upper...
Toa Industrial Rubber in February introduced a next-generation manufacturing management system, Smart@Scale, and recently began full-scale operations. In addition to various custom-made belt products such as conveyor, flat, cotton, and special belts that precisely meet customer needs, the company manufactures and sells various industrial rubber products for water supply, civil engineering, and anti-vibration applications. In the manufacturing process of these...
A high-pressure hydrogen tank produced by Toyoda Gosei has been adopted for use in Japan’s first passenger ship to be powered by hydrogen energy. The hydrogen tank is based on the hydrogen storage technology developed by Toyoda Gosei and Toyota Motor Corporation for the Mirai fuel cell vehicle, and is a large type that is being installed mainly in trucks...
Bridgestone will strengthen its hydraulic and industrial hose solutions and mobile van solutions business in North America. To this end, the company’s subsidiary Bridgestone HosePower acquired end of last year Cline Hose & Hydraulics, a mobile solutions service for hoses in the United States. The mobile solution service for hydraulic and industrial hoses means that when a hose is damaged...
According to statistics compiled by the Japan Belting Industry Association, Japanese conveyor belt production in 2023 was 9,073 tons, down 5% from the previous year, marking the second consecutive year of decline and the second year in a row that production has fallen below 10,000 tons. Japanese domestic demand was boosted by an increase in automobile production due to the...
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