Industrial rubber sheet and diaphragm manufacturer Irumagawa Rubber Co. Ltd. launched a new three-year medium-term business plan on April 1. Named NexT 2019, the plan defines what Irumagawa Rubber hopes to be in 2025, says company President Yuki Shimizu, and compiles initiatives to be executed by fiscal 2019 in order to reach that goal. With two missions, sales growth and...
Zeon Corp. (TYO:4205) recently announced SZ-20 Phase III, a new medium-term management plan covering the four fiscal years from 2017 to 2020. The plan sets a target for consolidated net sales of at least 500 billion yen ($4.47 billion) in fiscal 2020. Zeon expects that two businesses, elastomers and advanced functional materials, will each account for 250 billion yen of...
President Yoichiro Watanabe of Asahi Rubber Inc. (TYO:5162) recently went into detail on the company’s 12th three-year medium-term management plan, termed the V-2 Plan. The rubber product manufacturer, which works with automotive electronics, biotechnology and environmental products, aims to achieve 7–8 billion yen ($62.84–71.72 million) in consolidated sales and an 8-percent consolidated operating profit margin by the end of fiscal...
Nishiyama Corp. last May celebrated its 100th anniversary, and with the appointment of Managing Director Masaaki Nishiyama as the new president from this April, the company has launched a new organization system. In a recent interview with Japan Rubber Weekly, Nishiyama said his aim is for the company to become one that is loved by customers and brings happiness to...
