o., Ltd., a major slide bearing manufacturer, to local OEMs increased by more than 20% year-over-year. Daido Metal’s engine bearings have been adopted for the OEMs’ plug-in hybrid vehicles (PHVs), and the parts supplier has successfully cultivated new customers such as motorcycle manufacturers. Kinugawa Rubber Industrial Co., Ltd. started business with BYD Co. Ltd. and Chery Automobile around three years ago. As electric vehicles (EVs) are re...

News  Updated at: 2025/01/22

Kinugawa Rubber plans to increase ratio of electrified and autonomous vehicle parts sales to 20% by 2035 Kinugawa Rubber Industrial Co., Ltd. (Inage-Ku, Chiba Prefecture) will raise the ratio of its sales from electrified and autonomous vehicle parts from the current few percent to 20% of its total sales by 2035. The company also aims to increase the sales from about JPY 70 billion to JPY 100 billion. It will promote its main rubber and syntheti...

News  Updated at: 2024/06/19

Kinugawa Rubber Industrial to absorb subsidiary Kinugawa Rubber Industrial Co., Ltd. (Kinugawa Rubber) announced that it will implement a merger with its wholly-owned subsidiary Kinu Tec Co., Ltd. (Kinu Tec). Kinu Tec engages in the design, manufacturing, sales and maintenance of dies, jigs, production equipment and their parts. This merger, expected to be effective on April 1, 2020, will be an absorption-type merger in which Kinugawa Rubber will...

News  Updated at: 2020/02/12

Kinugawa Rubber Industrial to absorb subsidiary Teito Rubber Industrial Kinugawa Rubber Industrial Co., Ltd. (Kinugawa Rubber) announced that it will implement a merger with its wholly-owned subsidiary Teito Rubber Industrial Co.,Ltd. This merger, scheduled to be effective on April 1, 2020, will be an absorption-type merger in which Kinugawa Rubber will be the surviving company. With this merger, Kinugawa Rubber will establish a structure for qui...

News  Updated at: 2020/02/12

ed a new manufacturing plant in Irapuato, Mexico, dedicated to the production of carbon masterbatch.The company, a subsidiary of JSR Corporation, invested USD 17 million and opened 70 job positions to start operations with a production capacity of 7,000 tons per year.Elastomix’s customers include Kinugawa Mexico, Kurashiki Kako Mexicana, Molten Automotive of Mexico, Nishikawa Gomu and Toyoda Gosei.Carbon masterbatch is a compounded rubber used ...

News  Updated at: 2018/06/06

Toyoda Gosei to hold 100% stake in Tianjin Star Light Rubber and Plastic Toyoda Gosei Co., Ltd. (Toyoda Gosei) announced that it will make its Chinese automotive rubber parts joint venture, Tianjin Star Light Rubber and Plastic Co., Ltd., a wholly owned subsidiary in April. The company will acquire shares in the JV from Kinugawa Rubber Industrial Co., Ltd. (Kinugawa Rubber) and its Chinese holding company, Starlight Rubber & Plastic Development L...

News  Updated at: 2018/04/02

Kinugawa Rubber Industrial delisted from Tokyo Stock Exchange As of October 21, 2016, upon the completion of the sale of the shares, Kinugawa Rubber Industrial was delisted pursuant to the criteria for delisting set out by the Tokyo Stock Exchange, Inc. On September 12, 2016, the board of directors of Kinugawa Rubber Industrial Co., Ltd. approved the demand of its special controlling shareholder, VG Holdings One Co., Ltd. for sale of all shares i...

News  Updated at: 2016/10/20

Kinugawa Rubber to be delisted from Tokyo Stock Exchange Kinugawa Rubber Industrial Co., Ltd. announced that it is slated to be delisted from the Tokyo Stock Exchange on October 21, 2016, because VG Holdings One Co., Ltd., a subsidiary of Development Bank of Japan Inc., has acquired 92.41% of voting shares in Kinugawa Rubber through a tender offer. VG Holdings announced the tender offer in March 2016. The tender offer period ran from July 19 to A...

News  Updated at: 2016/09/12

Kinugawa Rubber to boost sales in Americas to JPY 25 billion by 2020 Kinugawa Rubber Industrial Co., Ltd. will boost its sales in the Americas to more than JPY 25 billion by 2020, which will match its current level of sales in Asia. The company is focusing its efforts on expanding sales of its mainstay seal parts as well as hoses and other automotive parts to Japanese, European and U.S. OEMs. By doing so, the company aims to increase its sales i...

News  Updated at: 2015/09/08

Kinugawa Rubber to triple sales in China by FY 2015 Kinugawa Rubber Industrial Co., Ltd. will triple its sales in China in the fiscal year ending March 2016 (FY2015) over FY 2012 level. The company is expecting an increase in local demand from Japanese, U.S., and European automakers which are expanding production in China and will increase local production of auto body seals mainly. The company will establish a satellite plant in Dalian, Liaoning...

News  Updated at: 2014/04/24

Kinugawa Rubber wins first order from Mazda for auto body seals on Axela Kinugawa Rubber Industrial Co., Ltd. has won its first order from Mazda Motor Corporation for auto body seals on the all-new Mazda Axela. The supplier will start delivering the parts to Mazda's plant in Mexico, which will start production of the Axela in January 2014. Kinugawa Rubber was able to become Mazda’s supplier in Mexico due to its solid production basis in the cou...

News  Updated at: 2013/12/20

irst six months, some part suppliers have revised their full-year sales outlook for FY 2013 upward. These companies include three Honda affiliates (Keihin Corporation, H-One Co., Ltd. and F-Tech Inc.) and five Nissan affiliates (Calsonic Kansei Corporation, Unipres Corporation, Yorozu Corporation, Kinugawa Rubber Industrial Co., Ltd. and Piolax, Inc.). There are some concerns for an anticipated slowdown in demand in Thailand in the latter half o...

News  Updated at: 2013/11/19

Kinugawa Rubber to localize production of hoses in emerging markets Kinugawa Rubber Industrial Co., Ltd. is going to expand production of automotive hoses outside Japan, starting in the second half of FY2013. Plans are to double its production capacity in China, while establishing new production lines in Thailand, Mexico and India. Although the company has been stepping up sealing production overseas, its Fuzhou Plant in China has been the only f...

News  Updated at: 2013/01/17

Kinugawa to increase percentage of plastic products to 70% by 2015 Kinugawa Rubber Industrial Co., Ltd. announced that by 2015, 70% of its current rubber-based product range such as covers and boots will be made of plastics. The company is accelerating its move to replace rubber materials with plastics in order to respond to the automotive industry's need to build lighter vehicles. Its mainstay products, automotive seals, are already being change...

News  Updated at: 2012/12/17

Kinugawa Rubber to produce anti-vibration rubber in Kyushu to compete with low cost imports from China and Korea Kinugawa Rubber Industrial Co., Ltd. is beginning to produce anti-vibration rubber at its plant in Kyushu, western Japan, in fiscal 2012. This is a step toward localizing production of anti-vibration rubber that is now being transported from the Kanto area to cope with a growing tendency for its customers to shift their production to t...

News  Updated at: 2012/06/06

Kinugawa Rubber Industrial to manufacture body seal parts in Russia in FY 2013 Kinugawa Rubber Industrial Co., Ltd. will establish facilities to supply in Russia in FY 2013. As Japanese OEMs, including its major customer Nissan, plan to expand production in Russia, the company will set up operations there to manufacture and supply body seal parts and other products to them. Details such as forms of production and business are yet to be discussed....

News  Updated at: 2012/06/04

Kinugawa Rubber to quintuple capacity at plant in Mexico Kinugawa Rubber industrial Co., Ltd. will substantially expand its production facilities in Mexico by as early as the end of 2013 to around 5 times as large as the current level. In a bid to respond to a surge in production volume in Mexico by its leading customer Nissan, Kinugawa will not only increase capacity at its existing plant, but also construct a new plant. In Mexico, Honda and Maz...

News  Updated at: 2012/03/22

Kinugawa Rubber to begin supply of body sealing parts to VW in German market Kinugawa Rubber Industrial Co., Ltd. landed a deal with Volkswagen to supply body sealing parts for cars sold in the German domestic market. Delivery of the products will commence in 2012. While Kinugawa Rubber already has a business relationship with VW in North America, this is the first transaction in Germany entered due to an acclaimed quality and cost competitivenes...

News  Updated at: 2012/01/26

Kinugawa Rubber wins orders for body sealing parts for next Honda Fit produced in ASEAN Kinugawa Rubber Industrial Co., Ltd. was awarded a new contract from Honda for vehicle body sealing parts for the next generation “Fit” known as “Jazz” overseas. Door sealing parts will be supplied for the local production model in the ASEAN region. Kinugawa has so far had no major business transactions with Honda either in Japan or abroad. Kinugawa is...

News  Updated at: 2012/01/17

Kinugawa Rubber targeting sales of over 100 billion yen in 2015 Kinugawa Rubber Industrial Co., Ltd. is aiming to generate over 100 billion yen in sales and over 12 billion yen in operating profit in 2015. On top of expansion in sales in emerging markets like China and ASEAN economies, Kinugawa will make inroads into new markets, including India, Indonesia and Russia. It will not only continue efforts to increase sales of body sealing parts, but ...

News  Updated at: 2011/11/28