Mitsuboshi Belting Reports Flat Sales, Moves Forward With Value-Added Products

Mitsuboshi Belting Ltd. (TYO:5192) has reported 56.48 billion yen ($504 million) in sales for its belt business for the fiscal year ending March 2017, down 1.7 percent from a year prior. The company forecasts no domestic sales growth for its belt business for the current fiscal year. A decline of domestic farms and agricultural equipment retailers has led to shrinking…

Please subscribe to read the full story.Subscribe
Already a member? Log in here

, ,