Tigers Polymer, a manufacturer of rubber parts for home appliances and automobiles, will establish a subsidiary in Rayong Province, Thailand. The subsidiary, tentatively named Tigerflex (Thailand), will be a wholly owned holding company and will manufacture rubber and resin products for home appliances and automobiles. It is scheduled to be established in October this year and to start operations in...
Toyoda Gosei announced its mid- to long-term management plan, the 2030 Business Plan. Under the new medium-term plan, the company aims by 2030 for sales revenue of 1.2 trillion yen ($8.23 billion), operating profit of 100 billion yen, an operating profit margin of 8%, and ROE of 10%. President Katsumi Saito said that the biggest challenge for future growth is...
Yokohama Rubber has added V-shaped solid fenders for port moorings to its product lineup, in addition to pneumatic fenders that it has sold for many years. The company will continue to expand its lineup of solid fenders in stages, aiming to become a comprehensive manufacturer of fenders. The new product is a basic model that is widely used in ports...
Showa Glove has released No.8810 Nitrile New Fit 100-pack as a new addition to its lineup of nitrile gloves for single-use. These gloves are approximately 2.5 mils (0.06 mm) thick, soft, and easy to work with, allowing users to make use of the bare hand feeling. With the release of this product, the Nitrist series lineup now includes a total...
Asahi Kasei recently decided to terminate operations and liquidate Asahi Kasei Cord, which produces general-purpose tire cord and chafer, among others. Production is scheduled to end at the end of March 2024, and the plant will be closed at the end of March 2025. In principle, approximately 70 employees will be reassigned within the Asahi Kasei group. The decision was...
Oil seal manufacturer NOK has on June 28 integrated the Environmental Management Office, the ESG Promotion Office, and the Safety and Health Promotion Department of the Operations Division and reorganized them into the Sustainability Promotion Office. NOK established “Our Purpose” and “Our Values” in May, and in the same month formulated the “Medium-Term Management Plan” and “NOK Group Sustainability Basic...
