With the four large Japanese tire makers closing their fiscal years by end of December, the latter half of March has in succession seen Bridgestone Corp. (TYO:5108), Sumitomo Rubber Industries Ltd. (TYO:5110), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105) holding their annual shareholders meetings. Talking at Bridgestone’s meeting on March 24, Kazuhisa Nishigai, the...
Pirelli Japan Co. Ltd. has announced that it will increase the prices of its Pirelli and Metzeler-branded tires on June 1. Summer tires for passenger vehicles and SUVs will be increased in price by an average of 6 percent, and motorcycle tire prices will be increased by 6.5 percent. This will be followed by a 6-percent increase to passenger vehicle...
Bridgestone Corp. (TYO:5108) has recently implemented a new corporate social responsibility (CSR) system, Our Way to Serve. The company will develop its global business with Our Way to Serve as a principle for all its employees to follow in practice. Our Way to Serve was developed in order to aim higher, based on the company’s corporate philosophy of serving society...
Yokohama Rubber Co. Ltd. (TYO:5101) will support motor sports events again in fiscal 2017. The company says that as in previous years, it will be an enthusiastic supporter of racing teams competing in events across all motor sports categories and in countries around the world. By supporting motor sports, Yokohama Rubber aims at contributing to global growth of its tire...
Nihon Michelin Tire Co. Ltd. will release Michelin Guide Miyagi 2017 Special Edition, covering the entire Miyagi Prefecture, on July 14 at major bookstores across Japan. Prior to the sale, the company will make the guide available on official membership website Club Michelin. Past releases of Michelin guides in Japan include Michelin Guide Tokyo 2008, published in 2007, and Michelin...
Following the January establishment of joint venture Nexen Tire Japan Inc., partners Nexen Tire Corp. and Toyota Tsusho Corp. (TYO:8015) are eager for their new JV to make a full-scale entry into the Japanese market. The company hopes to hit a landmark of 1 million annual unit sales by 2022, acknowledging the target is ambitious but believing it possible to...
