Bridgestone Corp. (TYO:5108) is set to raise its manufacturer’s selling prices for domestic sales of a number of industrial products, including hydraulic hoses and rubber crawlers. The changes will come into effect on April 1. Specifically, Bridgestone has announced an average 12 percent price hike on hydraulic hoses, including rubber hoses, plastic hoses, polyamide tubes and their protective materials; an...
price hike
Bridgestone Plans April Price Hike for Domestic Aftermarket Tires
Bridgestone Corp. (TYO:5108) is set to raise its manufacturer’s selling prices on aftermarket tires, tubes and flaps sold in Japan. Set to come into effect on April 1, the change will see prices rise by 7 percent on summer and winter tires for passenger cars and vans; 7 percent on summer and winter tires for light trucks and buses; 8...
Yokohama Rubber Plans Domestic Price Hike on All Aftermarket Tires Starting April
Yokohama Rubber Co. Ltd. (TYO:5101) is set to revise its manufacturer’s selling prices for domestic aftermarket tires. The change will apply to all tire categories in the Japanese aftermarket sector – including summer, winter and all-season tires – as well as to tubes and flaps. Summer tires, all-season tires, tubes and flaps will see the adjustment made on April 1,...
Pirelli Japan to Raise Prices on Aftermarket Tires Next February
Pirelli Japan KK announced plans on Dec. 7 to revise its shipping prices for domestic aftermarket tires starting Feb. 1 of next year. The change is set to apply to summer tires for passenger cars and SUVs, as well as to motorcycle tires and scooter tires from both the Pirelli and Metzeler brands. The average price hike across all product...
NOK Seeks Agreement Regarding Price Hike for Seal Products
NOK Corp. (TYO:7240) is advancing negotiations with its customers to seek agreement on a price hike for its seal products. This would include the company’s oil seals, O-rings, gaskets and more. A leading Japanese manufacturer of seal products, NOK announced back on Sept. 6 that it would be increasing prices on its seal products by up to 20 percent starting...
Mitsui Chemicals to Hike Prices of All Mitsui EPT Products Starting December
Mitsui Chemicals Inc. (TYO:4183) is set to increase its prices for Mitsui EPT, the company’s brand of ethylene propylene diene monomer (EPDM). The change will apply to all Mitsui EPT products supplied from Dec. 1 onward, with prices rising by at least 40 yen ($0.35) per kilogram. Explaining the decision, Mitsui Chemicals started by noting that market conditions for EPDM...