Revenues and Profits Up at Nippon Zeon, Down at JSR

In the first quarter results of Japan’s two major synthetic rubber companies, JSR Corp. and Zeon Corp., (fiscal year ending March 2016), elastomers saw lower revenues and profits at JSR, but higher revenues and profits at Zeon. In particular, JSR’s quarterly operating profits were at their lowest level since the 2008 financial crisis. The earnings differentials were caused by factors…