Japan Rubber Weekly recently had the opportunity to talk with Japan Rubber Manufacturers Association (JRMA) Chairman Tadanobu Nagumo about the outlook for the Japanese rubber industry. Nagumo, who is also chairman and CEO of Yokohama Rubber Co. Ltd. (TYO:5101), said that as M&A activities progress globally, disparities between companies are becoming increasingly clear. Furthermore, the more innovation is progressing, the...
yokohama rubber
Yokohama Rubber to Buy Industrial Tire Maker Aichi Tire
Yokohama Rubber Co. Ltd. (TYO:5101) said today that it has reached an agreement with shareholders of industrial machinery tire manufacturer Aichi Tire Industry Co. Ltd. to acquire all of the company’s shares at an undisclosed amount. Yokohama expects the acquisition to strengthen its position in that product sector and plans to complete the acquisition by March 2017. Products of Komaki,...
Yokohama Rubber’s Philippine Subsidiary Celebrates 20th Anniversary of Founding
Yokohama Tire Philippines Inc. (YTPI), a passenger car tire manufacturing and sales subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101), held a ceremony on Nov. 26 at the Quest Hotel in the Clark Special Economic Zone (CSEZ) where YTPI is located. This event was held to commemorate the 20th anniversary of the company’s founding. Around 230 guests attended the ceremony. Attendees...
Winter Tire Demand Holds Firm for 2016
Demand for commercial winter tires in Japan is expected to be largely the same as that seen in 2015, according to the mid-year review of domestic tire demand for 2016 published by the Japan Automobile Tyre Manufacturers Association (JATMA) in July. The review projects a 100 percent year-on-year equivalent on four-wheel vehicle tires, at approximately 23.2 million units. Of these,...
Yokohama Rubber to Stay Sole Tire Supplier for All-Japan F3 Championship Until 2019
Yokohama Rubber Co. Ltd. (TYO:5101) has extended its agreement to supply Advan racing tires as the sole control tire for the All-Japan Formula 3 Championship Series through 2019. The company will then be the sole tire supplier to the championship series for nine straight years, starting from 2011. The control tires will again be the Advan A005 for use on...
Yokohama Rubber Receives HPCI Excellent Achievement Research Project Award
Yokohama Rubber Co. Ltd.’s (TYO:5101) has been awarded for its research on highly accurate fluid analysis and data mining for next-generation silent tire development, conducted in cooperation with the Institute of Space and Astronautical Science (ISAS), a research arm of the Japan Aerospace Exploration Agency (JAXA). The company was named a recipient of an Excellent achievement research project award for...