Nitta Corp. (TYO:5186) has posted record-high sales and profits for the first half (April–September) of the fiscal year ending March 2018. This reflects strong domestic and overseas business results for the company’s mainstay belt and hose business operations, as well as for its air conditioning and device-related products. Total sales for the half were 36.48 billion yen ($319.79 million), up...
Sumitomo Rubber Industries Ltd.’s (TYO:5110) group company Dunlop Sports Co. Ltd. (TYO:7825) has released consolidated financial results showing an increase in both revenue and profit for the combined first three quarters (January–September) of the fiscal year ending December 2017. For this period, the company reported 55.76 billion yen ($488.91 million) in sales, up 1.8 percent from the same period a...
Nitta Corp. (TYO:5186) has reported a surge in revenue and profit for the first half of the fiscal year ending March 31, 2018. Sales rose to 36.48 billion yen ($319.79 million), up 14 percent from the same period last year, and net profit jumped 25.5 percent to 4.88 billion yen. Meanwhile, operating profit was up 15.2 percent at 2.87 billion...
JSR Corp. (TYO:4185) posted sales of 203.54 billion yen ($1.78 billion) in sales for the April–September first fiscal half, up 11.7 percent from the year-earlier period, and operating profit of 23.37 billion yen, up 56.3 percent on the year. Net profit was reported up 53.6 percent on the year to 17.97 billion yen. The report, conforming to International Financial Reporting...
Nitto Kako Co., Ltd. (TYO:5104) recently released its business results for the first half (April–September) of the fiscal year ending March 2018. The company posted sales of 3.87 billion yen ($34.05 million), down 4.9 percent over the same period last year; an operating profit of 158 million yen, down 7.8 percent; an ordinary profit of 155 million yen, down 6.1...
Japanese demand for retreaded tires has slowed in recent years, despite steady growth until 2014 driven by environmental and economic factors. Japan Rubber Weekly recently sat down for an interview with Tatsuo Gomi, chairman of the Japan Retreaders Association (JRA), to ask about several issues facing the industry. The JRA chairman started by saying he wants to properly push the...
