Fukoku Reports First Half Results, Net Income Up 47%

Fukoku, a leading manufacturer of automotive rubber parts, posted sales of 44.59 billion yen ($289.88 million), up 3.8% year-on-year, operating income of 2.06 billion yen, up 94.5%, ordinary income of 2.22 billion yen, up 59.8%, and net income of 1.54 billion yen, up 47.2% in the first half (April to September) of the fiscal year ending March 31, 2025. “Net…