Nishikawa Rubber Sales up 21.5% in First Quarter

Automotive rubber parts maker Nishikawa Rubber reported first quarter (April-June) net sales of 27.39 billion yen ($187.90 million), up 21.5% year-on-year, operating income of 731 million yen (compared to a loss of 379 million yen in the same period last year), ordinary income of 1.74 billion yen, up 286.2%, and net income of 1.33 billion yen, up 426.9%. The company…