Japan Archives - Page 53 of 57 - Tyrepress

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Van den Ban Rejuvenates Flamingo

Van den Ban has upgraded the summer tyres from its Flamingo programme by replacing the 2000 Sport and 2001 Performance patterns with three new alternatives, CD1000, CD2000 and CD3000.

The company has made a further move towards establishing greater manufacturing links with Europe, as once again a European manufacturer has produced the new tread designs. Van Den Ban explains that its latest move in adopting a new manufacturing supplier has been “established to create the initial foundation for further improved, high quality tyres offering impressive technological benefits.”

Together its VDB 2010 pattern, which is produced in Japan, and the now complete Flamingo range represent what the company describes as “a popular stable of modern tyres which offers something for all sectors of the market.” VDB can now offer a range that caters for severe winter conditions right through to the highly competitive high performance sector.

25th August 2004/by Tyrepress Editors

Batteries for All Applications

The Delphi Corporation is one of the world’s leading technology companies, with substantial business in the automotive and transportation industries as well as other high-technology sectors, such as telecommunications and computers. Its world headquarters are at Troy, Michigan and the corporation has regional headquarters in Paris, Tokyo and Sao Paulo. The global workforce numbers 188,000 and Delphi operates 53 customer service centres and 32 technical centres, has 167 manufacturing facilities and 42 joint ventures. Sales in 2002 were $27.4 billion (£14.8 billion)

By any standards, Delphi is a big company, so it is not surprising that its involvement in the battery business is on a large scale, with manufacturing carried out at eleven factories worldwide and a product range that covers 98 per cent of the vehicle parc. Delphi is active in both the aftermarket and in original equipment sales, where it supplies many leading manufacturers in Europe, the USA and Japan – a recent success was the winning of a contract to supply batteries worth $22 million for the Renault Megane II, Scenic II and Clio.

In Europe, battery production is at a factory in Sarreguemines, France. The plant was built in 1980 and covers 35,000 square metres on 18 hectares of land. It is certified QS 9000 and VDA (quality), OHSAS 18001 (safety) and ISO 14001 and EMAS II (environment) and production this year will top 5.4 million batteries. Worldwide, Delphi produces more than 30 million batteries.

25th August 2004/by Tyrepress Editors

Bridgestone First Half Results Confirm Four Pence Dividend

Bridgestone Corporation has announced its first half results showing increased sales figures almost across the board.

10th August 2004/by Tyrepress Editors

Carbon Black Businesses Discuss Joint Venture

Mitsubishi Chemical Corporation and Tokai Carbon Co., Ltd. are discussing the details of a possible joint venture.

22nd July 2004/by Tyrepress Editors

Bridgestone Resumes Rubber Rolling Ahead of Schedule

Bridgestone has resumed rubber-rolling operations at its Tochigi refining facility two months ahead of schedule. Production was suspended after the building was destroyed by fire in September 2003.

9th July 2004/by Tyrepress Editors

Bridgestone Profit to Rise

Bridgestone Corporation is set to make a nine per cent gain in net profit to $891.6 million (£490.3 million) by the end of this fiscal year, according to a Japanese newspaper report.

2nd July 2004/by Tyrepress Editors

BMW Equips New 6 Series with Bridgestone Runflat Tires in Japan

Bridgestone Corporation announced that it has begun supplying Potenza RE050 runflat tires to BMW for factory installation on 6 Series models sold in Japan.

13th May 2004/by Tyrepress Editors

Minekazu Fujimura named Chairman, CEO and President of BSEU

As from April 2004, Minekazu Fujimura has taken up the position of Chairman, Chief Executive Officer (CEO) and President of Bridgestone Europe (BSEU).

13th May 2004/by Tyrepress Editors

Toyo and Michelin Conclude A Licensing Agreement for PAX

Toyo and Michelin signed a licensing agreement, under which Michelin will license its PAX System technology to Toyo. With the new agreement, Toyo obtains rights to produce and market run-flat systems for passenger cars and light trucks based on PAX System, both for auto makers and the replacement tire market in Japan.

6th May 2004/by Tyrepress Editors

ALPS Develops Batteryless TPMS

Japan-based ALPS Electric has completed development of a batteryless tyre pressure monitoring system and plans to commence mass production this year. The system has been developed in collaboration with the world’s leading tyre and valve manufacturers and will be on display at the ALPS Show, to be held at the New Takanawa Prince Hotel in Tokyo for three days, beginning 26th May.

23rd April 2004/by Tyrepress Editors

Keegan joins SRI board

Robert J. Keegan, chairman and chief executive officer of The Goodyear Tire & Rubber Company, has been elected to the board of directors of Sumitomo Rubber Industries Ltd. in Kobe, Japan. Goodyear and Sumitomo Rubber Industries have six joint venture businesses in North America, Europe and Japan. In addition, each company holds common stock in the other.

1st April 2004/by Tyrepress Editors

Bridgestone Corporation Reports Sales and Earnings for Fiscal 2003

The group recorded a 96 per cent increase in net income in 2003, to ¥88.7 billion (0.8 billion US dollars), on a 2 per cent increase in net sales, to 21.5 billion US dollars. Operating income was basically unchanged, at 1.7 billion US dollars, and ordinary income rose 13 per cent 1.6 billion US dollars. Net return on shareholders’ equity was 10.5 per cent, compared with 5.6 per cent in the previous year. Contrasting geographical trends characterized the operating environment. In Japan, economic recovery was weak. In the latter half of the year the weakening of the dollar affected Japanese exports adversely. Escalating costs for natural rubber and other raw materials undercut profitability in all principal markets throughout the year. Sales of tyres increased 2 per cent to 17.2 billion US dollars. However, operating income in the tyre segment declined 4 per cent to 1.4 billion US dollars. Sales in Europe rose 20 per cent to 2.7 billion US dollars, and operating income climbed 87 per cent to 0.14 billion US dollars, reflecting success in focusing sales on high-value products and the results of a financial restructuring in the previous year.

23rd February 2004/by Tyrepress Editors

Bridgestone expects special profit

Bridgestone Corp. said yesterday it expects a group special profit of around 60.0 billion yen (445 million euro) related to plans to return 65.0 billion yen in pension assets to the government in 2005. The Japanese tyre maker said that on a parent basis it expects a special profit of around 60.0 billion yen. Since the move is planned for 2005, the size of the special profit it will book may change, the company said. Many companies in Japan have opted to return the state-financed portion of employee pension plans they managed on behalf of the government.

23rd January 2004/by Tyrepress Editors

Yokohama Rubber Announces Consolidated Semiannual Results

The Yokohama Rubber Co., Ltd., announced its consolidated results for the first half of fiscal 2004. The high value of the yen and sluggishness in the market for replacement tyres in Japan led to an overall decline in Yokohama’s tyre sales, but sales of hydraulic hoses and golf products increased. Sales of the tyre group amounted to 960.3 million Euro, a 0.8 per cent slide, and operating income decreased 27.5 per cent, to 15.1 million Euro. Demand in the Japanese market fell considerably, as both unit- and value-based sales of replacement tyres contracted. Sales of tyres on an original equipment basis were basically unchanged. Reflecting the current operating environment and these results, in fiscal 2004 Yokohama forecasts consolidated net sales of 3.02 billion Euro, a 0.1 per cent decrease, and net income of 75.6 million Euro, a 1.4 per cent decrease.

10th December 2003/by Tyrepress Editors

Yokohama plans tyre plant in Thailand

Yokohama is set to invest 5.5 billion Yen (US$ 50.8 million) to build a new factory in Thailand, producing steel radials for trucks and buses. The new factory – Yokohama’s second for CV tyres outside Japan (the first is in the USA) – will initially produce 300,000 tyres annually, with this figure doubling to 600,000 units by 2007. The tyres will be marketed world-wide.

5th December 2003/by Tyrepress Editors