Yokohama Rubber Co. Ltd. (TYO:5101) has announced that its Mie Plant and Shinshiro Plant received “Business Location in Harmony with Nature” certification last month from the Association for Business Innovation in harmony with Nature and Community (ABINC), highlighting these locations as plants that pay heed to biodiversity. This now makes for five Yokohama Rubber plants that have received this certification,...
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Yokohama Rubber Plans Increase to Conveyor Belt Production Capacity
Yokohama Rubber Co. Ltd. (TYO:5101) is looking to increase production capacity for conveyor belts at its Hiratsuka Factory in Kanagawa. This comes as part of a broader effort to bolster the company’s business for industrial materials. Plans are to conduct the expansion here in stages, with the first stage amounting to an investment of around 1.6 billion yen ($13.22 million)....
Yokohama Rubber’s Hiratsuka Factory Receives Energy Management Award From METI Bureau
Yokohama Rubber Co. Ltd. (TYO:5101) has seen its Hiratsuka Factory receive an annual award made to recognize business operators that display excellent energy management. The award here was given on Feb. 3 by the Kanto Bureau of Economy, Trade and Industry, which is part of Japan’s Ministry of Economy, Trade and Industry (METI). It is the first time that the...
Yokohama Rubber Declares Support of TCFD Recommendations
Yokohama Rubber Co. Ltd. (TYO:5101) has announced that it declared its support last month of recommendations from the Task Force on Climate-related Financial Disclosures (TCFD). In supporting the TCFD recommendations, the Yokohama Rubber Group will proactively disclose information about its efforts to address climate change. The group sees these efforts as being a high-priority initiative within its broader push to...
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,...
Yokohama Rubber to Establish Tire Sales JV in Malaysia
Yokohama Rubber Co. Ltd. (TYO:5101) has announced that it is set to establish Yokohama Tyre Sales Malaysia Sdn. Bhd. as a Malaysian JV for tire sales on Jan. 1, 2022. The JV will be formed with YHI International Ltd. (YHI) – the exclusive distributor of Yokohama tires in Southeast Asia – and its subsidiary YHI (Malaysia) Sdn. Bhd. (YHIM), which...