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...
Bridgestone Corp. (TYO:5108) and synthetic rubber manufacturer JSR Corp. (TYO:4185) have been selected as winners of the 2015 Nadeshiko Meigara award, which recognizes companies that excel in providing women with career opportunities. The prize program is organized by Japan’s Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange. In the Nadeshiko Meigara selection process, the review panel...
Despite forecasts indicating slow demand for construction machinery both in Japan and overseas and market conditions that have become more difficult since last year, Bridgestone Corp. (TYO:5108), which has introduced an in-house company system, is rolling out a plan to include its high-pressure hose business in its in-house global mining and agricultural machinery solutions company. Under this arrangement, the in-house...
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...
Bridgestone Corp. (TYO:5108) has received the Environmental Award presented by Honda Motor Co. Ltd. (TYO:7267) to honor select suppliers. It is the first time that Bridgestone has received the award. The Environment Award is one of five categories including Product Quality under which Honda confers honors to express gratitude to suppliers that excel. Bridgestone received the award in the Environment...
Bridgestone Corp. (TYO:5108) has introduced a newly developed pre-forming method that improves productivity of the manufacturing process for seismic isolation rubber. The new method is in use at the company’s Yokohama Plant where it manufactures seismic isolation rubber. In the pre-forming method, the interior rubber is injection-compression molded (ICM) to eliminate the rolling and punching processes. The use of robots...
