Nichirin Co. Ltd. (TYO:5184) recently announced that it intends to stop production and sales of automotive air conditioning units and brake hoses at U.K.-based subsidiary Nichirin U.K. Ltd. (NUK). At present, around 40 percent of such shipments from this plant go out to the U.K. and Turkish assembly plants of Honda Motor Co. Ltd. (TYO:7267), making Honda the most significant...
Toyoda Gosei Co. Ltd. (TYO:7282) recently posted results showing increased sales revenue but decreased profits for the first quarter of fiscal 2019. The auto parts manufacturer’s sales revenue for the quarter came to 209.36 billion yen ($1.97 billion) – rising by 1.9 percent year-on-year – while operating profit was down 24 percent to 7.87 billion yen and net profit was...
Tsubakimoto Chain Co. (TYO:6371) recently announced that it has completed construction of a new tensioner plant on the premises of its Saitama Plant in Hanno, Saitama Prefecture. Plans are to begin full-scale operations this December. The new plant will be tasked with manufacturing tensioners, which are used in timing chain systems for automotive engines. Its larger space will facilitate the...
Toyoda Gosei Co. Ltd.’s (TYO:7282) manufacturing subsidiary in Vietnam, Toyoda Gosei Haiphong Co. Ltd. (TGHP), has started operations at its Thai Binh Plant. At the new plant’s opening ceremony held in Vietnam on July 3, Toyoda Gosei President Naoki Miyazaki said that he is pleased with the start of operations at the Thai Binh Plant, the company’s second manufacturing base...
Toyoda Gosei Co. Ltd. (TYO:7282) recently exhibited at Automotive Engineering Exposition 2019 Nagoya, using the July 17–19 event to showcase modules with features for safety and comfort as well as attractive designs. The modules exhibited by Toyoda Gosei contain resin parts that make up core company technology, including steering wheels and front grills augmented with sensors and other electronic components....
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that DecoTurf, a tennis hard court series sold and installed by subsidiary Sports Surface Co. Ltd., has been adopted for use at the Ariake Tennis Forest Park in Koto, Tokyo. DecoTurf installation began on May 20 at the park’s center court, the Ariake Coliseum. This marks the second project to install DecoTurf surfaces...
