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Showa Rubber started manufacturing large-scale made-to-order lining


2009.06.26 | Showa Holdings
Showa Rubber Co., Ltd., a member company of Asia Partnership Fund (APF) Group, announced that it started manufacturing large-scale made-to-order lining.

Rubber business of Showa Rubber can be divided mainly into rubber lining, industrial rubber product, food and medical rubber product, and manufacturing and sales of soft tennis balls. Among them, lining has the largest share in revenue. Due to the longest history, the division also has accumulated a large reserve of technique; it is acknowledged as a leader in the field.

According to the already announced "2009-2011 medium-term management plan", Showa Rubber is to place high-potential employees in this division and increase its staff. The made-to-order manufacturing area was established to grow both domestically and internationally in the future.

This area exceeds 5% of the annual budget of lining group. The revenue is expected to start in second quarter. This is already factored into the pre-announcement performance forecast. Therefore the impact on performance will be minimal. The start of the made-to-order manufacturing did not alter the performance forecast.

In the middle of severe economic conditions, the management and all employees will continue to work hard in unification.

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