Yokohama Rubber MB Japan, an industrial rubber products subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101), will release the EU-One Oneda-F hardening accelerator for urethane waterproofing film as a new addition to the Criterion series of products. When used at a temperature of 20 degrees Celsius, the EU-One Oneda-F hardening accelerator hardens urethane waterproofing film in five hours. This allows the...
Toyoda Gosei Co. Ltd. (TYO:7282) is aiming to achieve over 1 trillion yen ($9.14 billion) in sales revenue, an operating profit margin of eight percent and a return on equity (ROE) of 10 percent in a new business plan for fiscal 2025. To this end, the company intends to develop products and commercialize new technologies in response to the spread...
Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that its vibration control damper will be used by Obayashi Corp. (TYO:1802) for the seismic retrofitting of Kumamoto Castle’s keep. The viscoelastic damper absorbs tremors by instantly converting seismic energy to heat, and uses high-damping rubber developed based on the advanced technology Sumitomo Rubber has accumulated for racing tires. The rubber has also...
Bando Chemical Industries Ltd. (TYO:5195) has put together an outline of its new medium-term business plan, “Breakthroughs for the Future 2nd Stage.” Slated to run for five years and end in fiscal 2022, the plan targets expansion both for Bando Chemical’s existing operations – which are focused on belt products – and for its new business areas, specifically with regard...
Sumitomo Riko Co. Ltd. (TYO:5191) announced on May 24 that it is switching to a new medium-term management plan, titled 2022 Sumitomo Riko Group Vision (2022V). With recent years seeing factors such as a major transformation in the automotive industry and the rise of protectionism in Western nations, the new plan comes as a fundamental shift to the approach outlined...
Keeper Co. Ltd., a manufacturer of industrial rubber products including oil seals for cars, trains and ships, is focusing on increasing the sales of its Lub-Rubber line of self-lubricating rubber. Lub-Rubber possesses self-lubricating properties via the precipitation of a wax component. It is possible to make Lub-Rubber products based on ethylene propylene diene monomer (EPDM) rubber, nitrile rubber (NBR), acrylic...
