Toyoda Gosei Co. Ltd. (TYO:7282) plans to bring out eco bags made of waste material from fabric used in company-manufactured airbags. The eco bags will be available November 21-23 and December 19-20 at the Mozo Wonder City shopping mall in Nagoya, Aichi Prefecture, as well as at recyclers listed by Toyota Motor Corp. (TYO:7203) as cosponsors. The bags will also...
Products
Henkel Japan Targets Full-Scale Launch of New Packaging Adhesive
Henkel Japan Ltd. has started a full-scale rollout this month of Technomelt Supra Cool, a series of hot-melt adhesives that can be applied at low temperature and are intended for use with packaging. First made available last year, the series is targeted primarily toward use in the assembly of cardboard cases, small boxes and so on. Technomelt Supra Cool has...
Sumitomo Riko to Establish Second Vietnamese Base for Automotive Hose Production
Sumitomo Riko Co. Ltd. (TYO:5191) is planning to open a new production and sales subsidiary for automotive hoses in Vietnam. This will be the company’s second Vietnamese base for the manufacture of automotive hoses. Set to be named SumiRiko Vietnam Co. Ltd., the new subsidiary will be capitalized at 113.1 billion Vietnamese dong ($4.85 million) and wholly owned by Sumitomo...
Sumitomo Riko to Establish Second Vietnamese Base for Automotive Hose Production
Sumitomo Riko Co. Ltd. (TYO:5191) is planning to open a new production and sales subsidiary for automotive hoses in Vietnam. This will be the company’s second Vietnamese base for the manufacture of automotive hoses. Set to be named SumiRiko Vietnam Co. Ltd., the new subsidiary will be capitalized at 113.1 billion Vietnamese dong ($4.85 million) and wholly owned by Sumitomo...
Interview: Gates Unitta Asia VP Shuji Miyamoto Sees Recovery in Q3 of Calendar Year
After taking a hit from COVID-19, Gates Unitta Asia Co. (GUA) now sees signs of recovery as it heads into the third quarter of the calendar year. Japan Rubber Weekly recently sat down with Shuji Miyamoto, who serves as VP at the auto parts supplier, to get some insight into the company’s business results, overseas performance and management strategies. Miyamoto...
Achilles Posts 17.8% Decline in Q1 Sales Revenue
Achilles Corp. (TYO:5142) recently released its business results for the April–June quarter of fiscal 2020, revealing declining sales and a mixed bag of profit metrics. The company posted quarterly sales revenue of just under 15.84 billion yen ($148.17 million), down by 17.8 percent year-on-year; an operating loss of 92 million yen, down from an operating profit of 236 million yen;...