Sumitomo Rubber reported its results for the nine months (January-September) of the fiscal year ending December 31, 2024, with sales revenue of 874.94 billion yen ($5.64 billion), up 2.8% year-on-year; business profit of 61.51 billion yen, up 46.6%; and net income of 4.05 billion yen, down 85.1%. Sales revenue and business profit reached record highs for the same period. Net...
Tosoh reported for the first half (April-September) of the fiscal year ending March 31, 2025, net sales of 527.62 billion yen ($3.43 billion), up 8.6% year-on-year; operating income of 47.39 billion yen, up 47.6%; ordinary income of 45.11 billion yen, up 1.6%; and net income of 24.94 billion yen, down 6.6%. Among the segments, the petrochemical business posted sales of...
Ube announced its business results for the first half (April-September) of the fiscal year ending March 2025, with net sales of 243.04 billion yen ($1.58 billion), up 11.4% year-on-year; operating income of 6.05 billion yen, up 15.9%; ordinary income of 1,90 billion yen, down 83.2%; and net income of 318 million yen, down 96.5%. Sales in the Resins & Plastics...
Asahi Kasei reported that its sales for the first half (April-September) of the fiscal year ending March 2025 totaled 1.49 trillion yen ($9.68 billion), up 10.7% year-on-year; operating income was 108.92 billion yen, up 94.9%; ordinary income was 103.71 billion yen, up 99.2%; and net income was 60.25 billion yen, up 95.3%. The environmental solutions business in the materials segment,...
Zeon reported a 15.0% year-on-year increase in net sales to 213.35 billion yen ($1.38 billion), a 77.6% rise in operating income to 16.80 billion yen, a 42.6% increase in ordinary income to 18.59 billion yen, and an 18.7% rise in net income to 12.30 billion yen in the first half (April-September) of the fiscal year ending March 2025. In the...
Toyoda Gosei has doubled the production capacity of the recycling process at its Morimachi Plant in Shizuoka Prefecture in order to accelerate resource recycling of rubber used in automobiles. In the automotive industry, while recycling of resources such as steel and plastics is progressing, rubber products are difficult to recycle and most of them are incinerated. The company has been...
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