Nitta Corp. (TYO:5186) held a factory completion ceremony on Feb. 20 at Nitta Corporation (Thailand) Ltd. (NCT), the company’s Thai hose and tube production base. The ceremony was attended by over 80 people, including Thai government officials and customers. Nitta President Motonobu Nitta gave opening remarks, saying that the company is looking to contribute to Thailand’s development, as well as...
Products
Asics CEO Discusses Global Performance, Changes in Response to Changing Markets
Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in...
Talking Strategy, Toyoda Gosei President Says Raising Profitability Priority
As Toyoda Gosei Co. Ltd. (TYO:7282) moves forward with 2017, the company finds itself encompassed by an environment of accelerating change, says President Naoki Miyazaki. Continuing on from the first installment of a two-part exclusive interview with Japan Rubber Weekly, Miyazaki discussed what such changes mean for the company and how it plans to proceed. For Miyazaki, the nature of...
Toyoda Gosei President Talks Moves to Bolster Production in Mexico, India
Toyoda Gosei Co. Ltd. (TYO:7282) wants to get back to the fundamentals of manufacturing, says President Naoki Miyazaki. Sitting down recently for an exclusive interview with Japan Rubber Weekly, Miyazaki said that getting back to these basics will serve to achieve continued growth and get out on top of global competition in what is expected to be a tough business...
Kyoto University Proves Strength of Sumitomo Rubber’s Miraie Seismic Damper System
Since Sumitomo Rubber Industries Ltd. (TYO:5110) launched its Miraie residential-purposed seismic damper units in March 2012, they have gone on to be installed in 18,000 buildings through the end of last year. After earning high praise in the 2016 Kumamoto earthquakes, effectiveness has now also been proven by conducting a full-scale seismic test on Jan. 27 at Kyoto University’s Disaster Prevention...
Habasit Broadens Timing Belt Lineup, Eyes Expanded Sales
Resin belt manufacturer Habasit Nippon Co. Ltd. is focusing its efforts on expanding its range and sales of timing belt products. The company is sequentially rolling out its December 2016 addition of wide timing belts, and is bolstering its technical support in such areas as attachments and design programs. Improving on a maximum width of 150 millimeters in its T10...