Toyoda Gosei Co. Ltd. (TYO:7282) has launched a range of eco-friendly bag products made from airbag fabric, including colored tote bags and colored pen cases. This comes as Toyoda Gosei looks to reduce the environmental impact of its production activities – from material procurement through to disposal – as part of its broader push to achieve SDGs. The company has...
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Toyoda Gosei Posts Increased Sales, Profits for First Half Following Recovery From COVID-19
Toyoda Gosei Co. Ltd. (TYO:7282) has revealed a promising set of business results for the first half of fiscal 2021. Sales revenue here came to 387.36 billion yen ($3.4 billion), up 25.2 percent year-on-year; operating profit to 12.99 billion yen, up 187.8 percent; and net profit to 9.03 billion yen, up 162.6 percent. For Japan specifically, the figures were 195.17...
Toyoda Gosei Develops New Airbag to Protect Pedestrians
Toyoda Gosei Co. Ltd. (TYO:7282) has developed what has been dubbed a “pedestrian protection airbag,” which serves to protect the head of any pedestrian hit by a fitted vehicle. This marks the company’s first entry into the field of airbags aimed at protecting pedestrians and other vulnerable road users. The highest mortality rate among Japanese traffic accidents is seen in...
Toyoda Gosei to Support Synthetic Ice Skating Rink in Nagoya
Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it will provide support to an ice skating rink to be opened at Oasis21, a major multipurpose hub in the eastern Nagoya district of Sakae. The rink is scheduled to open on Dec. 4 and run for 100 days through to March 13 of next year. First set up in Japan’s Tokai...
Toyoda Gosei Invests in Thermoelectric Power Startup
Toyoda Gosei Co. Ltd. (TYO:7282) recently announced its investment last month in E-ThermoGentek Co. Ltd., a startup with proprietary technology for thermoelectric power generation. With the aim of achieving carbon neutrality by 2050, Toyoda Gosei is striving to adopt the latest energy-saving equipment and machinery, as well as ramp up its use of renewable energy. And as part of this,...
Toyoda Gosei Develops New Cutoff Valve to Help Reduce Fuel Tank Weight
Toyoda Gosei Co. Ltd. (TYO:7282) has developed a cutoff valve with a novel structure as a means of helping reduce the weight of automobiles. This valve is already being used as part of the new Toyoda Land Cruiser in certain regions, including the Middle East. Cutoff valves are plastic components used in fuel tanks, where they serve to prevent elevation...