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  • Bridgestone Supplies Tires for Audi’s First EV Feb. 21, 2019
    Bridgestone Corp. (TYO:5108) recently announced that it is supplying six different tires ranging 19–21 inches for the E-Tron SUV, a new electric vehicle (EV) that launched this January under the Audi Group. Hitting the market as Audi’s first EV, the E-Tron utilizes two electric motors to make for major improvements to both acceleration and noise […]
  • Showa Denko Posts Major Increase to Sales and Income, Strong Propylene Results Feb. 20, 2019
    Showa Denko KK (TYO:4004) recently revealed that it achieved an increase to both sales revenue and income for calendar 2018. The company posted sales of 992.14 billion yen ($8.97 billion) for the year, up by 27.1 percent over figures from 2017. Meanwhile, operating income was up 131.6 percent year-on-year to reach just over 180 billion […]
  • Kuraray Posts Drop in Profits for 2018 Despite Significant Increase to Sales Feb. 19, 2019
    Kuraray Co. Ltd. (TYO:3405) recently posted its full-year results for 2018, showing a significant increase to sales but a decrease in all profit metrics. While the company’s sales rose by 16.3 percent year-on-year to reach almost 603 billion yen ($5.45 billion), its operating profit fell 13.8 percent to 65.79 billion yen, with ordinary profit down […]
  • Tokai Carbon Positions Carbon Black Business as Revenue Base in New Medium-Term Plan Feb. 18, 2019
    Tokai Carbon Co. Ltd. (TYO:5301) has positioned its carbon black business as a major base of revenue within T-2021, a new medium-term management plan set to run from 2019 to 2021. Under this plan, Tokai Carbon’s carbon black business is projected to generate 124 billion yen for 2021, up from a 115.3 billion projection for […]
  • Yokohama Rubber Sees Sales Increase But Profit Decline for 2018 Feb. 15, 2019
    Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for calendar 2018, showing a slight increase to overall sales but a drop in most profit metrics. Across the company’s various divisions, sales rose 0.6 percent year-on-year to reach 650.24 billion yen ($5.89 billion). Business profit was then up 1.7 percent to 59.26 billion yen, […]
  • Nitta Develops New Robotic Hand Able to Grip Wider Range of Foods Feb. 14, 2019
    Nitta Corp. (TYO:5186) is set to begin accepting orders this March for its new SOFTmatics robotic hand. In developing the SOFTmatics, the major industrial rubber products manufacturer looked to bring about a new robotic hand that is able to directly grip foods of unusual shape and other such characteristics – a task that has proven […]
  • Toyoda Gosei Holds Opening Ceremony at New Indian Plant for Automotive Safety Products Feb. 13, 2019
    Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), a subsidiary based in India, held an opening ceremony on Feb. 4 for its new Gujarat Plant. The Gujarat Plant began operations last October, manufacturing products for automotive safety systems – such as airbags and steering wheels – as well […]
  • Osaka Soda Posts Increased Sales, Profits Following Strong Performance With Rubber Products Feb. 12, 2019
    Osaka Soda Co. Ltd. (TYO:4046) has posted a significant increase to its sales and profits for the cumulative first three quarters of fiscal 2018. Year-on-year, Osaka Soda’s sales rose by 9.9 percent to reach 81.85 billion yen ($741.23 million) over the nine-month period. In profits, meanwhile, the company’s operating profit rose 36 percent to 7.65 […]

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EU-Japan FTA - Abe, Tusk, Juncker EU and Japan Sign Breakthrough Free Trade Agreement- In a boost for global free trade, Japanese Prime Minister Shinzo Abe and EU Presidents Jean-Claude Juncker and Donald Tusk yesterday signed the Japan-EU Economic Partnership Agreement (EPA) to lay the ground work for the creation of an open trade zone covering over 600 million people. Also known as JEFTA, the deal has been long in the making, but was […]
Ministry of Economy, Trade and Industry (METI) METI Releases White Paper on International Economy and Trade 2018- The global economy is facing significant shifts, according to the 2018 White Paper on International Economy and Trade released recently by the Ministry of Economy, Trade and Industry (METI). These shifts include movements against the free trade system under the WTO, advancement of digital transformation including expanding digital trade, and the rise of China and other emerging and developing economies. […]
EU Data Protection GDPR bits and bytes GDPR: A Curse or a New Milestone in Data Protection Regulation?- Data has become a valuable resource and currency over the past years. Methods of data processing, profiling and automated decision making are improving constantly, enhancing business processes and customer relations. From the perspective of the EU, it was just about time to update the old 1995 Data Protection Directive to protect its citizens against data and privacy breaches. Adopting the […]
Odaiba Illumination Japan’s Casino Gambling Bill Gets Green Light- Japan is on the verge of joining the global casino community thanks to a bill that is set to be passed by the Diet. The parties involved have reached an agreement over the structure of the bill which will see local residents charged an entrance fee of 6,000 yen to use casinos while visitors from overseas will have free access. […]
Ministry of Economy, Trade and Industry (METI) Path to Power: New METI Report on Corporate Law and International Competitiveness- The Ministry of Economy, Trade and Industry (METI) said it has released a report on Corporate Law and International Competitiveness, covering ideal approaches to legal functions in Japanese companies. It is the result of work by the Study Group for Development of Ideal Approaches to Legal Functions in Japanese Companies for Enhancement of International Competitiveness, which aims at discussing policy […]
JAXA Tanegashima Space Center JAXA and JAMA Work Together on AI Systems for Self-Driving Cars- The Japan Aerospace Exploration Agency (JAXA) said that it started collaboration with the Japan Automobile Manufacturers Association (JAMA) on quality assurance of AI platforms designed to drive autonomous automobiles. In working with Japan’s car industry, JAXA aims to obtain the knowledge necessary to develop safe AI software onboard spacecraft. Through developing spacecraft and other pursuits, JAXA has acquired and built […]
Global digital business EU-Japan Trade Deal Lacks Digital Ambition- When the EU signed a free trade agreement with South Korea in 2010, it guaranteed protection against liability for Internet platforms – a key ingredient to maintaining Internet freedom. When the EU signed a free trade agreement with Japan last year, the guarantee against liability for Internet platforms was missing. Guarantees also were gone on the freedom of data flows […]
Society 5.0 Japan How Society 5.0 Will Change Japan- The Japanese vision of Society 5.0 promotes the Super Smart Society, in which Information Technology and Artificial Intelligence will change a plethora of things. Much that is now performed by humans will then be carried out by computers. Sweeping changes in business and production will make jobs obsolete and create new ones at the same time. Society 5.0 will change […]
Japan Automotive Daily Ceases Publication- We are very sorry to inform you that JapanAutomotiveDaily.com, the English online edition of Nikkan Jidosha Shimbun, is ceasing publication today. While the website will remain online for some time afterward, no further articles will be published after Friday, June 29, 2018. We would like to again express our deepest thanks to our readers for their patronage. In accordance with […]

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