Yokohama Rubber Co. Ltd. (TYO:5101) is pressing forward with efforts to roll out its hydraulic rubber hoses in the overseas market after having previously focused on business growth here in Japan – marketing OE products to Japanese-owned companies and replacement products to the domestic market. For OE, this strategy will include a considerable focus on China, the world’s largest market...
china
Japanese Companies in China See Significant Variation in Their Recovery From Coronavirus
Japanese companies with Chinese bases in the rubber sector look like they will still need some more time to get these bases back to where they were before COVID-19. A survey carried out by Japan Rubber Weekly provided some details here. China is starting to work toward economic recovery, making moves such as lifting the urban lockdown on virus epicenter...
Companies Struggle to Predict How Novel Coronavirus Will Impact Rubber Industry With Uncertainties Hovering Over Western Markets
Around two months have now passed since the novel coronavirus came to be widely reported on in the global media. But unlike in China, where some aspects relating to the virus outbreak are starting to calm down, the world more broadly is seeing the virus continue to spread. Against this backdrop, one player in the field noted concern around how...
Bridgestone Wins Chinese Patent Case for Truck and Bus Tire Tread Pattern
Bridgestone Corp. (TYO:5108) announced on Feb. 28 that it has won a patent rights infringement lawsuit against Chinese tire manufacturer Fangxing Rubber Co. Ltd. in the Shanghai High People’s Court. Bridgestone first filed the lawsuit with the Shanghai Intellectual Property Court in September 2017, claiming that Fangxing had infringed on its patent rights by manufacturing and selling tires with a...
Coronavirus Outbreak Raises Major Concerns Over Supply of Raw Materials From China
With the spread of the novel coronavirus showing no signs of letting up, companies in the rubber sector are seeing increasingly serious effects on business. Problems are piling up with regard to securing employees, carrying out logistics, operating supply chains and more. Issues on the production side of business have spread to regions outside of China, including Japan. And with...
Coronavirus Outbreak Poses Major Issue for Chinese Plant Operations of Japanese Rubber Companies
The novel coronavirus outbreak in Wuhan, Hubei Province, China, is having a major impact on society. This is especially true in China itself, though there is also the possibility that the virus will spread further overseas going forward. Looking then to get a better idea of how all this will impact business, Japan Rubber Weekly collected information from a number...