The settlement results for labor force wages and annual bonuses have started to come out from the “spring offensive” negotiations in Japan. The Japanese Rubber Workers Union Confederation is comprised of 58 member unions. Forty-eight of those put forth wage demands to the companies of the unions’ respective labor forces, from which 20 unions have reached conclusions. Regarding annual bonuses, 45...
The Japanese Rubber Workers Union Confederation (JRWUC) has largely completed its spring labor offensive, and unions have submitted wage demands at most large rubber manufacturers. According to the JRWUC, 45 out of 58 unions have submitted their wage demands, and despite discrepancies between sectors such as tires, automobile parts, and industrial goods, wage increase demands are trending downward from the...
Major Japanese belt manufacturer Bando Chemical has developed an optimal seal blade for sliding parts in machine tools using a special polyurethane. The blade has improved coolant resistance, durability under fast wiping and wear resistance. The development is based on technology the company has built up over many years related to polyurethane cleaning blades for office automation equipment.
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...
Bando Chemical Industries Ltd., a major Japanese belt manufacturer, is making strides in increasing sales in overseas markets. Growing sales in China, Asia and new markets is one of the strategies in the company’s mid-term business plan. Bando Chemical has improved sales of replacement belts for scooters in India and Vietnam during the fiscal year ending March 31, 2016. In...
Bando USA, the U.S. subsidiary of Bando Chemical Industries Ltd., has established Bando Belting Mexico in Mexico City to market V-belts and timing belts and boost sales in the country’s repair market. Mexico’s automobile industry is seeing a rapid increase in output of cars for the North American and Latin American markets. Bando USA’s new sales company looks to ride...
