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Sumitomo Rubber Profits Up on Structural Reforms: 9M Results

on November 20, 2025 in Tires

Sumitomo Rubber announced its IFRS-based consolidated results for the first nine months of the fiscal year ending December 2025 (January–September). Revenue came to 861.61 billion yen ($5.56 billion), down 1.5% year-on-year, while business profit decreased 21.1% to 48.51 billion yen. Net profit, however, rose sharply to 26.01 billion yen, an increase of 542.3%. Although business profit declined, both operating profit...

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NOK Signs Management Integration Agreement with Eagle Industry

on November 19, 2025 in Industry

NOK Corporation and Eagle Industry announced on November 10 that their respective boards of directors had approved a management integration agreement through a joint share transfer. Under the plan, the two companies will establish a joint holding company, NOK Group, on October 1, 2026, which will become the wholly owning parent company of both firms. The integration is subject to...

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Bridgestone Stable in Challenging Environment: 9M Results

on November 19, 2025 in Tires

Bridgestone announced its IFRS-based results for the nine months of the fiscal year ending December 2025 (January–September). Revenue amounted to 3.23 trillion yen ($19.37 billion), down 1.1% from the same period last year, while adjusted operating profit rose 4.3% to 368.37 billion yen. Net profit decreased 19.5% to 203.54 billion yen. Excluding foreign exchange effects, the company posted higher revenue...

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Market Report: Resin Hose Demand on Uptrend

on November 18, 2025 in Industry

There are emerging signs of recovery in the previously stagnant demand for resin hoses. As automobile production remains stable, the flow of goods has gradually resumed, and demand for hoses used in machinery and equipment at production sites has started to pick up, albeit modestly. In addition, demand for semiconductor manufacturing equipment, an area that was expected to grow significantly...

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Togawa Industry Sales Stable in First Half, Markets Remain Challenging

on November 17, 2025 in Products

For the first half (April–September) of the fiscal year ending March 31, 2026, Togawa Industry, a manufacturer of rubber and resin hoses, posted a 3% year-on-year increase in sales. The company said that, although revenue rose slightly, the gain was largely due to the price revisions implemented this spring. In terms of volume, sales for automotive production equipment, semiconductor manufacturing...

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Tiger Polymer Sees Steady Hose Business in First Half

on November 14, 2025 in Products

For the first half (April–September) of the fiscal year ending March 31, 2026, Tiger Polymer’s hose business recorded a slight year-on-year increase in sales. The company said that while revenue increased slightly, the number of units sold actually declined due to the impact of price revisions implemented at the beginning of the year. Sales of hoses for home appliances dropped...

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