New Year’s Top Interview: Bando Chemical President Mitsutaka Yoshii Mitsutaka Yoshii, president of Bando Chemical Industries Ltd. (TYO:5195), said in an interview with Japan Rubber Weekly that his firm’s research and development efforts have yielded the seeds of growth into new markets. He added that this year’s work will include the cultivation of business operations based on the resulting new...
New Year’s Top Interview: Sumitomo Riko President Tetsu Matsui In an interview with Japan Rubber Weekly, Sumitomo Riko Co. Ltd. (TYO:5191) President Tetsu Matsui talked about his background as well as his and the company’s present situation. He said he assumed his post in June 2015 after spending seven years in North America. Since Matsui’s previous work experience was in...
Sumitomo Riko Co. Ltd. (TYO:5191) held a ceremony in Thailand to mark the opening of SumiRiko Chemical and Plastic Products (Thailand) Ltd. (SRK-CP). A subsidiary of Sumitomo Riko in Rayong Province, SRK-CP manufactures and sells precision parts for office equipment. Tetsu Matsui, Sumitomo Riko president and COO, said at the ceremony, which took place in early November, that he hopes...
For fiscal 2015 as a whole, many Japanese auto parts manufacturers anticipate a turn for the worse. This is particularly true overseas, where besides deceleration in China and elsewhere in Asia, and a sluggish South American economy, output is down at European car companies. The Brazilian economy began shifting down last year, and it will likely continue to do so...
There is growing cause for concern over the outlook for Japanese manufacturers of rubber auto parts. The Chinese economy is now in a clear slowdown, while uncertainty lingers over developing economies in Southeast Asia and South America. Manufacturers have increased overseas sales over the past few years. This growth has primarily been in China and elsewhere in Asia, as well...
Asahi Rubber Inc., a manufacturer of automotive and medical rubber products, is planning capital investments worth approximately 543 million yen ($4.42 million) during the fiscal year ending in March 2016. The investments will inject 250 million yen ($2.03 million) into automotive, 95 million yen ($773,000) into medicine, 132 million yen ($1.07 million) into life sciences and 110 million yen ($895,000)...
