Suminoe Textile’s company name to change to SUMINOE on December 2 Suminoe Textile Co., Ltd. (Suminoe Textile) will change its company name to “SUMINOE Co., Ltd.” effective December 2. It will be the first time for the company to change its name since its establishment as a corporation in 1913. Under its mid- and long-term business plans for the period ending in 2027, the company aims to expand non-textile businesses such as synthetic leathe...

News  Updated at: 2024/11/29

hey will begin full-scale preparations on a plan to supply next-generation automotive cylindrical automotive lithium-ion batteries and establishment of a new lithium ion battery plant. As part of this collaboration, Panasonic Energy will produce and supply cylindrical lithium-ion batteries from its Suminoe Plant in Osaka from fiscal 2027, and from a new jointly established lithium-ion battery plant in Oizumi, Gunma Prefecture from fiscal 2028 for...

News  Updated at: 2024/09/10

ic vehicle (EV) models that Mazda will launch from 2027 onwards. Mazda will introduce EV models in 2027 based on its first dedicated EV platform. As part of this collaboration, Panasonic Energy aims to increase its production capacity and supply cylindrical lithium-ion batteries manufactured at its Suminoe Plant and Kaizuka Plant in Osaka from 2027 onwards. Panasonic Energy plans to achieve a Japanese domestic production capacity of 10GWh annuall...

News  Updated at: 2024/09/10

Suminoe Textile to expand non-fiber businesses Suminoe Textile Co., Ltd. (Suminoe Textile) announced its targets from 2025 set in its mid- and long-term business plans for the period ending in May 2027 (FY 2027). The company will strengthen its global production and sales systems, and expand non-fiber businesses such as synthetic leather. Suminoe Textile aims to increase sales to JPY 109 billion (a 5.3% increase from FY 2024), and operating profi...

News  Updated at: 2024/07/17

eries, revealed its plans to shift from the "North America-focused" strategy to a "Japan and North America dual-region focused" strategy. In response to a slowdown in sales of electric vehicles (EV) in the U.S., Panasonic Energy will diversify risks. It will strengthen the business structure at its Suminoe Factory (Suminoe Ward, Osaka City) since it is expected to receive new orders from Mazda Motor Corporation and Subaru Corporation in Japan. Pa...

News  Updated at: 2024/06/07

Suminoe Textile to change company name to SUMINOE Suminoe Textile Co., Ltd. (Suminoe Textile) has announced that it will change its company name to “SUMINOE Co., Ltd.” effective December 2. The change will be officially determined after obtaining approval at the company's annual shareholders' meeting to be held on August 29, 2024. It will be the first time for the company to change its name since its establishment as a corporation in 1913. In...

News  Updated at: 2024/06/05

Suminoe Textile to invest additional JPY 600 million to boost Mexico plant capacity On January 30, Suminoe Textile Co., Ltd. (Suminoe Textile) announced that it will boost the capacity of its plant in Guanajuato, Mexico, at which it produces automotive floor carpets. The company will install a new production line with an investment of JPY 600 million to enable monthly production capacity of 500,000 to 600,000 square meters for a major North Ameri...

News  Updated at: 2024/01/31

Suminoe inaugurates new plant with USD 19 million investment in Guanajuato, Mexico Suminoe inaugurated its third plant with an investment of USD 19 million in the Tecno Industrial Castro del Rio Park in Irapuato, Gto. The company is dedicated to the manufacture of floor mats, carpets, and synthetic leather for OEMs such as Honda, Nissan, and Mazda. The plant is expected to begin operations during the first quarter of 2024 and generate 150 new job...

News  Updated at: 2023/12/15

Osaka Mobility Show 2023 to be held at INTEX Osaka from December 8 through 11 The 12th Osaka Motor Show “Osaka Mobility Show 2023”, one of the largest motor events in western Japan, will be held at INTEX Osaka (Suminoe Ward, Osaka City) from December 8 through 11 under the auspices of the Osaka Motor Show Executive Committee. A total of 32 automobile and motorcycle brands in and outside Japan will exhibit their models (as of August 31). The m...

News  Updated at: 2023/09/04

Suminoe Textile’s sales in synthetic leather business grow by 30% Suminoe Textile Co., Ltd. (Suminoe Textile)’s sales in the automotive synthetic leather business, which it positions as a pillar of its operations, have been increasing. The trend toward carbon neutrality (reduction of greenhouse gas emissions to virtually zero) and replacement of raw materials of animal origin in the industry is contributing to the increase in sales. Suminoe T...

News  Updated at: 2023/08/01

Suminoe Textile acquires site for synthetic leather production in Mexico Suminoe Textile Co., Ltd. announced that its Mexican subsidiary has acquired a site to establish a new synthetic leather production line for automotive interior material. The subsidiary will construct a new plant building for manufacturing and warehousing. The total capital investment will be about JPY 3 billion. Construction of the new building will be completed in November...

News  Updated at: 2023/01/20

Suminoe Textile to promote sheet materials decarbonization; developing materials with a higher recycling ratio Suminoe Textile Co., Ltd. (Suminoe Textile) will officially expand its carbon neutrality in its business activities. It plans to develop and commercialize automotive seats materials that use a higher percentage of recycled materials such as used PET bottles. The purpose is to reduce the amount of fossil resources used and reduce carbon d...

News  Updated at: 2022/08/25

Suminoe Textile to sign business tie-up with French maker Tesca On June 17, Suminoe Textile Co., Ltd. (Suminoe) announced that it has agreed to enter into a business alliance with the French Tesca Group in the auto fabric business to strengthen the auto interior business. They will support each other in the development, production and sales of auto fabrics, expand the product lineup while keeping costs down, and work together to expand the busine...

News  Updated at: 2022/06/21

Panasonic to establish new production line in Suminoe for Tesla’s cylindrical in-vehicle battery "4680" On May 10, Panasonic Corporation (Panasonic) announced that it would set up a production line for prototypes of the cylindrical in-vehicle battery "4680" that is being developed for Tesla in the United States as early as this fiscal year. Managing Executive Officer and CFO, Hirokazu Umeda revealed that the new production line will be establis...

News  Updated at: 2021/05/12

Suminoe Textile's US subsidiary to acquire Bondtex Suminoe Textile of America Corporation (STA), a fully owned subsidiary of Suminoe Textile Co., Ltd., will acquire all shares in Bondtex, Inc. to make it a fully owned subsidiary of STA on June 1, 2015. Bontex has been engaged in urethane lamination for automotive interior materials as well as production and sales of fabrics for medical use, since its establishment in the U.S. in 1986. STA has bee...

News  Updated at: 2015/05/26

Suminoe Textile turns Indonesian JV into consolidated subsidiary Suminoe Textile Co., Ltd. turned its joint venture (JV), PT.Sinar Suminoe Indonesia (SSI), into a consolidated subsidiary on February 27, 2015. SSI has been engaged in automotive interior fitting business in Indonesia. Suminoe Textile positions SSI as its key base in the Southeast Asian region, and intends to further strengthen its overseas operations with the consolidated subsidiar...

News  Updated at: 2015/03/24

Suminoe Textile to expand production operations in Mexico Suminoe Textile Co., Ltd. announced that it will expand the production operations of its group company in Mexico that produces automotive textiles. The Mexican unit, Suminoe Textile de Mexico, S.A. de C.V. (STM), will move to a new location that is three times larger than its existing plant in order to meet expected growth in demand. The Mexican plant will introduce a new line to produce n...

News  Updated at: 2015/03/10

will be produced at Panasonic's Automotive and Industrial Systems Company (AIS). AIS will boost its production capacity by investing an extra JPY 18 billion in addition to its JPY 13 billion expansion project, which was decided by March 2013. Plans include increasing the production capacity at the Suminoe Plant in Osaka by transferring manufacturing lines from the Wakayama Plant, and resuming production at the Kaizuka Plant in Osaka, which is su...

News  Updated at: 2013/11/06

Suminoe Textile to enter Mexican market to enhance production overseas Suminoe Textile Co., Ltd. will enhance its global production system for automotive interior materials. The company will enter the Mexican market where Japanese automakers are building new manufacturing plants. An affiliated company will be established in Mexico by Suminoe Textile's subsidiary, Suminoe Textile of America Corporation, which produces automotive interior materials...

News  Updated at: 2013/09/17

Suminoe Textile planning to increase share of overseas sales to 22% by 2015 Suminoe Textile Co., Ltd. released its new mid-term business plan “Global Evolution 2015” covering three years from June 2012 through May 2015. The plan calls for an increase in share of overseas sales in its total sales from the current 14 percent to 22 percent in the term ending May 2015 through expansion of overseas operations focused on automotive interior materia...

News  Updated at: 2012/07/26