Member unions of the Japanese Rubber Workers Union Confederation (JRC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Looking specifically at the per-company wage demands for 35-year-old workers in the tire industry, unions are demanding a 5,600 yen ($52.70) increase from Bridgestone Corp. (TYO:5108), a 5,500 yen...
Yokohama Rubber Co. Ltd. (TYO:5101) is stepping up efforts to expand sales of its ibar series of resin hoses for high-pressure hydrogen dispensing. The ibar series was co-developed with Iwatani Industrial Gases Corp. to allow hydrogen dispensing for fuel cell vehicles, which are expected to rise in popularity moving forward. With a hybrid structure combining fiber and steel wires, products...
Yokohama Rubber Co. Ltd. (TYO:5101) is set to launch its new 710R all-season truck and bus tire in Japan this March. Company president Masataka Yamaishi has described the new tire as being the first large-sized truck and bus tire to be domestically launched by Yokohama Rubber in the last 10 years. Offering dramatic improvements to wear resistance and uneven wear...
Yokohama Rubber Co. Ltd. (TYO:5101) is targeting sales of 700 billion yen ($6.56 billion), an operating profit of 70 billion yen and a return on equity of 10 percent under international financial reporting standards (IFRS) for its new medium-term management plan. Named “Grand Design 2020,” the plan is set to run through to 2020. Company president Masataka Yamaishi said that...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has established an indoor facility for testing the on-ice performance of winter tires at the company’s Tire Test Center of Hokkaido (TTCH) in Asahikawa. By establishing the new test facility, Yokohama Rubber is looking to further improve the performance of its winter tires. The new facility began operations on Jan. 5,...
CEOs from major Japanese tire manufacturers such as Bridgestone Corp. (TYO:5108), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105), along with their counterparts from Europe, the U.S. and South Korea, gathered in California on Nov. 17, 2017 for a seventh meeting of global tire industry CEOs. In total, the event was attended by leaders from...
