As Toyoda Gosei Co. Ltd. (TYO:7282) moves forward with 2017, the company finds itself encompassed by an environment of accelerating change, says President Naoki Miyazaki. Continuing on from the first installment of a two-part exclusive interview with Japan Rubber Weekly, Miyazaki discussed what such changes mean for the company and how it plans to proceed. For Miyazaki, the nature of...
Toyoda Gosei Co. Ltd. (TYO:7282) wants to get back to the fundamentals of manufacturing, says President Naoki Miyazaki. Sitting down recently for an exclusive interview with Japan Rubber Weekly, Miyazaki said that getting back to these basics will serve to achieve continued growth and get out on top of global competition in what is expected to be a tough business...
Toyoda Gosei Co. Ltd. (TYO:7282) operates four plants in Mexico and is in the process of shifting production from plants in Canada and the U.S. to Mexico as part of the North American Free Trade Agreement (NAFTA) framework, particularly in relation to weatherstrip products. The company is moving forward with investments in a Mexico subsidiary to increase the production capacity...
Toyoda Gosei Co. Ltd. (TYO:7282) has developed material technology for rubber that easily regains its shape even after applications of force over long periods of time at high temperatures. The new technology holds promise for thinner, lighter and longer lasting sealing parts to be used in battery units of the next generation of vehicles – including electric cars (EV), plug-in...
Toyoda Gosei Co. Ltd. (TYO:7282), Toyota Group’s sole manufacturer of rubber and plastic polymeric parts for automobiles, posted a year-on-year decline in sales volume for the first quarter, falling 5.1 percent to drop to 178.02 billion yen ($1.76 billion). Pretax profit likewise fell, dropping 5.4 percent for a mark of 7.352 billion yen. Toyoda Gosei’s revenue hits came on account...
The period since the 1960s has seen a spurt of overseas expansion from Japanese companies involved in the rubber industry. This expansion has followed through from moving into Korea and Southeast Asia, centering on Taiwan, in the 1970s to North America in the 1980s and, since 2000, through into China and the ASEAN region. Recently, momentum has been gaining also...
