Sumitomo Rubber Industries (SRI) and its research partners have developed a technology for measuring the structure and chemical state of matter at a nanoscale level and have employed this to visualise the sulphur compounds within lithium-sulphur batteries in greater detail than ever before. SRI anticipates not only improving the performance of lithium-sulphur batteries – the technology may also lead to better-performing tyres.
Sumitomo Rubber Industries (SRI) intends to raise production capacities at a number of its facilities around the world, but at the same time will remove some products from its portfolio in order to address rising costs. It will also aim for more “flexible” production allocation in response to changes in the business environment.
Yokohama Rubber hopes to speed up its tyre development process by implementing new rubber compounding technology that draws upon the power of artificial intelligence (AI). It is turning to a process that utilises AI-based compound generation technology to achieve user-set target property values.
Bridgestone sales revenues shot up 24.9 per cent to 1,886 billion yen (£11.632 billion; 13.764 billion euros) in the first half of 2022. However, Bridgestone’s continuing operations figures also show that operating profit dropped 1.4 per cent to 173 billion yen, resulting in 117 billion yen of profit attributable to owners (down 10.5 per cent compared with the same period in 2022). As a result, Bridgestone revised up its full-year revenue forecasts, but revised down its comparable full-year earnings per share estimates by 10 per cent from 397.58 yen per share to 357.93 yen per share.
Toyo Tire Corporation achieved a 20 per cent year-on-year increase in net sales in the first half of 2022, with the total rising to 223,667 million yen (£1.373 billion; 1.626 billion euros). At the same time, operating income came in at 25,972 million yen (£160 million; 189 million euros) in the first half of 2022. Both figures outperformed the companies first-half 2022 forecasts.
Bridgestone Corporation is investing to increase production capacity for motorcycle tyres at its Nasu plant in Japan, its sole motorcycle tyre production facility worldwide. The tyre maker will invest approximately 1.7 billion yen (£10.4 million) to gradually expand output potential from 2026, with capacity rising by approximately 90,000 units.
Bridgestone is investing in Tier IV, a Japanese start-up engaged in the development of open-source software for autonomous driving. The investment is part of a funding round that also includes additional support from existing investors Yamaha Motor and Sompo Holdings. Tier IV will use these funds together with a grant to launch its $300 million Green Autonomous Driving project.
Following the successful takeover of Hella by Faurecia, the two companies made their first joint appearance at an automotive trade fair under the new, overarching umbrella brand Forvia. Hella and Faurecia, with around 150,000 employees, form the seventh-largest automotive supplier worldwide and one of the global market leaders in high-growth technology fields. At this year’s Automotive Engineering Exposition, which took place in Yokohama, Japan, from 25 to 27 May 2022 and is one of the leading industry trade fairs in the Asian region, they presented technologies for a safe, sustainable, advanced and customised mobility as part of a joint stand concept. The approximately 100 square metre stand was designed in the stylistic colours blue and white, which characterise the new brand identity of the Forvia umbrella brand. In total, around 1,000 customers, business partners and other guests visited the Forvia stand.
Japanese tyre maker Sumitomo Rubber Industries, Ltd. (SRI) says its collaboration in a research project has resulted in a technique that may improve natural rubber yields and even enable natural rubber biosynthesis within a laboratory.
The Yokohama Rubber Co., Ltd. has been selected as a constituent stock in the FTSE Blossom Japan Sector Relative Index, an equity index designed to reflect the performance of Japanese companies that demonstrate strong environmental, social and governance (ESG) practices.
Bridgestone
Toyo
Tokumeigakarinoaoshima - CC
Hella
