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Toyoda Gosei Becomes First Domestic Manufacturer With Sustainability-Linked Loan

on January 10, 2020 in Industry

Toyoda Gosei Co. Ltd. (TYO:7282) has contracted with MUFG Bank Ltd. for a sustainability-linked loan, making it Japan’s first domestic manufacturing company to take out this type of loan. Sustainability-linked loans are financial products that offer advantages such as preferential interest rates to incentivize the achievement of sustainability goals. They are also characterized by having less restrictions on use of...

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Toyoda Gosei Set to Exhibit e-Rubber at CES 2020

on January 7, 2020 in Products

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it plans to exhibit its e-Rubber material at CES 2020, a four-day trade show in Las Vegas, Nevada. This will be the company’s first appearance at CES, which for 2020 is slated to be held over Jan. 7–10. CES 2020 is set to see a focus on augmented reality (AR), which is...

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Toyoda Gosei Highlights Employee Innovation at Global Group Conference

on December 13, 2019 in Materials

Toyoda Gosei Co. Ltd. (TYO:7282) recently held the 2019 Global Small Group Activity Conference, an event for highlighting excellent examples of company employees coming up with improvements in the workplace. Held at Sun Court East – a company training facility in Aichi Prefecture, Japan – the event saw approximately 210 attendees. This included Toyoda Gosei executives, as well as representatives...

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Toyoda Gosei Looks to Double Production Capacity at Chinese Weatherstrip Plant

on November 22, 2019 in Products

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it is looking to double production capacity for automotive rubber weatherstrips at Hubei Toyoda Gosei Zheng Ao Rubber & Plastics Sealing Science and Technology Co. Ltd. (TG Zheng Ao), an affiliate located in Hubei Province, China. By May 2021, Toyoda Gosei aims to have extended its floor space at the location and...

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Toyoda Gosei Posts Rising Domestic Sales for Q1 on Back of Increased Automotive Production

on August 6, 2019 in Products

Toyoda Gosei Co. Ltd. (TYO:7282) recently posted results showing increased sales revenue but decreased profits for the first quarter of fiscal 2019. The auto parts manufacturer’s sales revenue for the quarter came to 209.36 billion yen ($1.97 billion) – rising by 1.9 percent year-on-year – while operating profit was down 24 percent to 7.87 billion yen and net profit was...

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Toyoda Gosei Airbag Component Plant in Vietnam Starts Operations

on July 24, 2019 in Products

Toyoda Gosei Co. Ltd.’s (TYO:7282) manufacturing subsidiary in Vietnam, Toyoda Gosei Haiphong Co. Ltd. (TGHP), has started operations at its Thai Binh Plant. At the new plant’s opening ceremony held in Vietnam on July 3, Toyoda Gosei President Naoki Miyazaki said that he is pleased with the start of operations at the Thai Binh Plant, the company’s second manufacturing base...

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