Mitsuboshi Belting Ltd. (TYO:5192) recently posted its business results for the first half of fiscal 2019, revealing increased sales and decreased profits. The company’s sales rose 1.2 percent year-on-year to 37.2 billion yen ($340.04 million), with operating profit down 6.8 percent to 4.4 billion yen, ordinary profit down 17.6 percent to 4.33 billion yen and net profit down 13.2 percent...
Zeon Corp. (TYO:4205) recently posted its business results for the first half of fiscal 2019, showing sales from the company’s elastomer business as falling 8.3 percent year-on-year to 91.92 billion yen ($842.35 million). Meanwhile, operating income from Zeon’s elastomer business fell 37.5 percent for the first half, declining 3.6 billion yen year-on-year to end at to 5.97 billion yen. Negative...
Tokai Carbon Co. Ltd. (TYO:5301) recently posted its business results for the first three quarters of calendar 2019, showing sales growth of 27.8 percent year-on-year to reach 198.62 billion yen ($1.76 billion). Operating profit fell 1.5 percent to 49.42 billion yen, while ordinary profit fell 3.9 percent to 48.99 billion yen and net profit fell 47.2 percent to 31.05 billion...
Ube Industries Ltd. (TYO:4208) recently released its business results for the first half of fiscal 2019, posting year-on-year decreases in sales and most profit metrics. The company achieved 335.06 billion yen ($3.08 billion) in sales for the half, down 3.8 percent from the same period last year; 16.76 billion yen in operating profit, up 11.4 percent year-on-year; 16.64 billion yen...
Japan’s shipments of rubber products this July came to a total value of roughly 211.04 billion yen ($1.97 billion), rising by 6.4 percent over the same month last year, according to figures put together by the Ministry of Economy, Trade and Industry (METI). Looking at individual product types, automotive tires up made 53 percent of the total here, and saw...
Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for the first half of calendar 2019. Based on these results, the company has stated that it will abide by its initial forecast for the full year, which points to sales revenue of 660 billion yen ($6.2 billion), operating profit of 57.5 billion yen and a net profit of 46...
