Japan Industry News

Japan Industry News at IEC 2017

Japan Industry News

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JapanAutomotiveDaily.com – The English-language news site of Japan’s only daily newspaper for the automotive industry (subscription)

 

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  • Suzuki to Bolster Used Car Business in India Aug. 17, 2017
    Suzuki Motor Corp. (TYO:7269) is taking steps to bolster the company’s used car business in India. In addition to revamping its certified pre-owned vehicle system from this month, Suzuki will add 150 new outlets dedicated to selling certified pre-owned vehicles by March 2018. India is seeing growing demand for used cars along with rising new […]
  • NGK Spark Plug Develops New SOFC Stacks for Commercial and Industrial Use Aug. 17, 2017
    NGK Spark Plug Co. Ltd. (TYO:5334) recently announced that it has developed new flat-plate solid oxide fuel cells (SOFCs) for commercial and industrial use. Through the addition of SOFCs that support a higher output than those for home use and allows for more potential applications, the company hopes to further expand its fuel cell stack […]
  • Japan’s Four Tire Giants Upwardly Revise Full-Year Forecasts Aug. 17, 2017
    Bridgestone Corp. (TYO:5108), Sumitomo Rubber Industries Ltd. (TYO:5110), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105) have each released their mid-term business results for 2017. Strong tire demand at home and abroad brought Japan’s four tire manufacturers steady revenue growth over the January–June period, but profits were squeezed by an […]
  • Toyota, Denso Join With Other Companies to Establish Consortium for Connected Cars Aug. 16, 2017
    Toyota Motor Corp. (TYO:7203), Denso Corp. (TYO:6902) and several other companies announced on Aug. 10 plans to establish the Automotive Edge Computing Consortium, a business association to support connected car services. The consortium will focus on enabling the computation and transmission of big data between vehicles and the cloud. Members aim to have a partial […]
  • UD Trucks Unveils New Kuzer Light-Duty Truck for Indonesian Market Aug. 16, 2017
    UD Trucks Corp. revealed its new line of Kuzer light-duty trucks on Oct. 10 at the opening day of the Gaikindo Indonesia International Auto Show (GIIAS). The Kuzer is slated to be launched in the Indonesian market, where only UD Trucks’ Quester line of heavy-duty trucks is available at present. Deciding it necessary to expand […]
  • Honda to Offer New Aftermarket Parts for 20-Year-Old Beat Aug. 16, 2017
    Honda Motor Co. Ltd. (TYO:7267) has announced that it will begin selling aftermarket parts for the Beat, a kei-class two-seat convertible sold from 1991 to 1996. Initial sales will include five parts: front and rear wheels, driver’s seat belt, license plate light and heater motor. The company will release an additional 75 parts sequentially starting […]
  • NPA Deliberates on Secondary Tasks During Autonomous Driving Aug. 15, 2017
    Japan’s National Police Agency (NPA) has initiated deliberations on autonomous driving, covering such topics as recognition of non-driving tasks during autonomous driving. By the end of the current fiscal year, the NPA hopes to establish some direction for policy. The Japanese government has a goal of making Level 3 autonomous driving feasible by 2020. At […]
  • Mazda Brings Forward CX-5 Production Increase on Back of Heavy Orders Aug. 15, 2017
    Mazda Motor Corp. (TYO:7261) will begin additional production of the CX-5 in October of this year at the company’s plant in Hofu, Yamaguchi Prefecture. The production increase comes a month earlier than initially planned. With a strong flow of orders for the new CX-5 model leading to tight supply, the company aims to use the […]
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JapanChemicalDaily.com – The only news site dedicated to Japan’s chemical and allied industries in English language (subscription)

 

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  • Sumitomo Chemical Eyes Indonesia for New Polypropylene Compound Factory Aug. 17, 2017
    Sumitomo Chemical Co. Ltd. (TYO:4005) is looking to expand its overseas bases for polypropylene (PP) compounds used in automotive parts and other applications. With its new plant in India coming online last September, the company is now considering the construction of a facilities in Indonesia. Demand for the material has been favorable, as more automakers […]
  • Okayama University Venture Pioneers Technology for Mass Production of Graphene Oxide Aug. 17, 2017
    Okayama University venture business Nisina Materials Co. Ltd. recently announced that it is seeking to enable the mass production of graphene oxide. As part of this initiative, the company will enter into negotiations with several large chemical companies in Japan. Nisina Materials aims to use its self-developed technology, which ensures reproducible and safe mass production […]
  • Tight Helium Supply Sees Prices Boom With No End in Sight Aug. 17, 2017
    The international market for helium appears set to continue on an upward trend for some time to come. Serving as an indicator of market prices, the U.S. Bureau of Land Management’s (BLM) FY 2018 Crude Helium Auction last month marked a new record high in year-on-year increases – understood to be driven by low remaining […]
  • Sumitomo Bakelite Considering Investment in US Medical Equipment Ventures Aug. 16, 2017
    Sumitomo Bakelite Co. Ltd. (TYO:4203) is actively considering investments in advanced medical equipment ventures based in the U.S., and has dispatched expert representatives to Silicon Valley to search for promising ventures. Over a three-year period ending in fiscal 2018, the company is aiming to invest 35 billion to 40 billion yen ($320.53 million – $366.32 […]
  • Mitsubishi Tanabe Pharma to Use Petrochemical Manufacturing Techniques for Continuous Drug Production Aug. 16, 2017
    Mitsubishi Tanabe Pharma Corp. (TYO:4508), a member of the Mitsubishi Chemical Holdings Group, hopes to make the continuous production of pharmaceuticals a practical endeavor. There are few cases of continuous production working properly in the pharmaceutical industry, but the method is in widespread use in petrochemicals. Mitsubishi Tanabe will apply manufacturing techniques developed in the […]
  • Kaneka President Discusses New Company Structure, Growth Investment – Part 2 Aug. 16, 2017
    Pursuing increases in both scale and profit, Kaneka Corp. (TYO:4118) is targeting sales of 1 trillion yen ($9.098 billion) for fiscal 2020. The chemical manufacturer’s ambition comes on the back of a major restructuring this past April. President Mamoru Kadokura sat down recently with The Chemical Daily to talk about how he sees this tying […]
  • Kuraray to Increase US Production of Poval Water-Soluble PVA Film Aug. 15, 2017
    Kuraray Co. Ltd. (TYO:3405) is gearing up to bolster U.S. production of its Poval water-soluble polyvinyl alcohol (PVA) film. The Japanese chemical manufacturer has earmarked roughly 4 billion yen ($36.63 million) to expand an existing plant in Indiana, with plans to bring new operations online in the first half of 2018. The company made its […]
  • Kaneka President Discusses New Company Structure, Growth Investment – Part 1 Aug. 15, 2017
    Kaneka Corp. (TYO:4118) is pursuing increases in both scale and profit, targeting sales of 1 trillion yen ($9.098 billion) for fiscal 2020. The chemical manufacturer plans to use growth investments of up to 300 billion yen, and also search out large M&A opportunities. With his company having taken the bold course of action to undergo […]
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JapanRubberWeekly.com – The only news site dedicated to Japan’s tire and rubber industries in English language (subscription)

 

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  • Fujikura Rubber to Acquire Land for New Plant in China Aug. 17, 2017
    Fujikura Rubber Ltd. (TYO:5121) reached the decision on Aug. 10 to acquire land for constructing a new factory in Zhejiang Province, China. To be used for consolidated subsidiary Anji Fujikura Rubber Ltd. The project will cost an estimated 132 million yen ($1.2 million). Anji Fujikura Rubber constructed and began operating its second plant in December […]
  • Bando Chemical Strengthens Existing Initiatives as First Part of Business Plan Draws to a Close Aug. 16, 2017
    Bando Chemical Industries Ltd. (TYO:5195) has been working to bolster existing businesses while creating new ones as part of Breakthroughs for the Future, the company’s medium- to long-term business plan. The plan was embarked upon in fiscal 2013, and its first stage – or “BF-1” – concludes this year. According to Bando Chemical’s president, Mitsutaka […]
  • Company Spotlight: Molten Polymix and Its Rubber Refining Operations Aug. 15, 2017
    Molten Corp. is involved in a wide array of businesses. They include sports equipment, such as competition grade balls for basketball, volleyball and soccer, as well as auto parts, medical equipment, assistive technology, hydrophilic supplies and industrial-grade materials. One entity within the company group is Molten Polymix KK. This firm handles all of Molten’s domestic […]
  • Kyowa’s Transparent Rubber Bands Reach 100-Year Milestone Aug. 14, 2017
    Osaka-based manufacturer Kyowa Ltd. is this year celebrating the 100-year anniversary of its transparent rubber band, developed by company founder Hirozo Nishijima. After formulating the bands in 1917, Nishijima went on to start Kyowa in 1923, aiming to manufacture and sell bicycle tire tubes and rubber bands. In early 20th-century Japan, banknotes were often held […]
  • Sakura Rubber Sees Double-Digit Sales Increase for First Quarter Aug. 10, 2017
    Sakura Rubber Co. Ltd. (TYO:5189) recently released its financial results for the first quarter of the fiscal year ending March 2018. Company sales rose 11.5 percent year-on-year to 1.95 billion yen ($17.69 million), while operating profit decreased 62.1 percent to 20 million yen. Ordinary profit dipped 1.1 percent to 49 million yen, and quarterly net […]
  • Bridgestone to Expand Indian Plant Production With $300M Investment Aug. 10, 2017
    Bridgestone Corp.’s (TYO:5108) group company in India, Bridgestone India Pvt. Ltd., has announced that it will shore up production capacity at its Pune and Indore plants for passenger car radial tires. Bridgestone India will invest $304.3 million in a phased manner over the next five years. The investment is expected to increase the combined daily […]
  • Mitsufuku Industry’s Compound Business for Specialty Rubber Shows Strong Profit Growth Aug. 9, 2017
    Carbon masterbatch (CMB) manufacturer Mitsufuku Industry Co. Ltd. has seen its profit grow steadily, despite unchanging sales. Mitsufuku Industry’s fluororubber business has shown a solid performance on the back of annually growing demand for fluororubber triggered by downsizing of engines and other trends. The company is focusing on launching its fourth factory in Fukushima Prefecture […]
  • Nippon Valqua Industries’ Q1 Sales and Profit Rise on High-Tech Sector’s Robust Demand Aug. 9, 2017
    Sealing material manufacturer Nippon Valqua Industries Ltd. (TYO:7995) has reported that sales rose 13.4 percent year-on-year to 11.77 billion yen ($106.7 million) and operating profit surged 74 percent to 1.51 billion yen for the first quarter ended June 30, 2017 of the fiscal year ending March 31, 2018. Ordinary profit was 1.54 billion yen, up […]

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Japan’s Political System

Japan is a large and firmly established democracy in form of a constitutional monarchy in Asia. Learn more

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Japan’s Automotive Industry

Japan is one of the most important auto-making countries in the world. Brands like Toyota, Honda or Suzuki are household names worldwide. Learn more

Tokyo Skyline With Tokyo Tower

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Japan’s Rubber Industry

Tires, cars, or buildings: Modern life is unthinkable without rubber. And Japan boasts one of the most developed rubber industries worldwide. Learn more

Entrance Japan Industry Federation in Marunouchi Tokyo

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Japan’s Chemical Industry

People often do not realize that almost everything they touch in daily life originates in the chemical industry. The Japanese chemical industry is the third largest in the world. And it is the second largest manufacturing industry in Japan. Learn more

Japanese Machinery Industry - Yurakucho Station

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Japan’s Machinery Industry

Japan has one of the most important industrial machinery industries in the world. It is home to a broad range of famous brands, globally renowned for their history and high quality. Learn more

Japanese Industry Newspapers

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Japan’s Newspaper Structure

Most people in the West are familiar with 3-tiered newspaper structures. Japan’s 5-tier system is more differentiated. Learn more

Old Japanese House Japan Moves Quickly Toward Energy-Efficient Buildings - By Hiroyuki Arie, General Manager, Business Stream Systems at TÜV Rheinland Japan   Fire, typhoon and earthquake resistance of buildings has long been of paramount importance in Japan. This is partly because for a long period of time, the majority of structures were lightly made of wood. If a house caught fire in the Edo period (1603–1868), firefighters often chose […]
Tokyo Buildings JETRO Releases Global Trade and Investment Report 2017 - Japan’s trade balance last year marked its first surplus in six years, according to the recently released Global Trade and Investment Report 2017 by the Japan External Trade Organization (JETRO). At the same time, the country’s outward FDI stood at record highs, while inward FDI from Asia to Japan continued to grow. Global trade declines 3.1%, downturn for two straight […]

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Subsidies for SMEs Japanese Government Earmarks 46B Yen in Subsidies for SMEs - The Japanese Cabinet is setting aside 46 billion yen ($416 million) in planned subsidies for SMEs, small enterprises or other entities in fiscal 2017, according to the Ministry of Economy, Trade and Industry (METI). The subsidies are part of the government’s Small Business Innovation Research (SBIR) program and geared toward business activities based on R&D results. Subsidies for SMEs The […]
Monozukuri - Japanese Craftsman Japan Ramps up Business Succession Support Amid Aging Owners - Small and Medium Enterprises form the backbone of Japan’s economy. They employ the majority of people and account for a large share of the country’s economic power. Yet as the aging population of business owners increases, hundreds of thousands of SMEs in Japan are about to face the time when they must hand over their businesses to the next generation. […]
EU-Japan Summit July 7 A Trade Deal for the 21st Century - On the eve of the G20 summit in Hamburg, the European Union and Japan reached a political understanding about a new comprehensive free trade agreement. During the EU-Japan Summit, Shinzo Abe, Japan’s prime minister, hailed the agreement as “the birth of the world’s largest, free, industrialized economic zone.” EU officials proclaimed it “the most important bilateral trade agreement ever concluded […]
Japanese Overseas Subsidiaries Increase Sales for 4th Quarter in a Row - Total sales of Japanese overseas subsidiaries have increased 7.9 percent from January to March 2017, according to a recent survey published by the Ministry of Economy, Trade and Industry (METI). This marks the fourth consecutive quarter of increasing sales. Sales by Region Sales in Asia grew 8.8 percent during the quarter, also showing growth for the fourth quarter in a […]
3D MapAutonomous Driving 3D Map Japan Automotive Daily to Host Auto Technology Executive Briefing in Tokyo - The Nikkan Jidosha Shimbun (Japan Automotive Daily) together with IHS Markit will host an automotive technology executive briefing to discuss the role of digital transformation that is shaping the auto industry today. The conference will take place on July 27 in Tokyo and is open to the public for registration. Converged Digital Landscape of Autonomous Mobility Digitalization has the potential […]
Japanese Manager Japan Patent Office Opens Public Services Center in Osaka - The Japan Patent Office (JPO) will open the INPIT-KANSAI center of intellectual property public services on July 31. The new office is located in Osaka’s Grand Front Osaka Building and aims to support the business growth of firms in the Kansai region, including SMEs and startups. It is part of the Japanese government’s push to foster local economies. The new […]

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Jochen LegewieJochen Legewie is Managing Director of the Tokyo office of strategic communications consultancy CNC. Gain insights into Japan from a macro perspective through his highly readable and relevant blog.

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