Materials

Shin-Etsu Polymer Posts Sales Drop for FY2019 Despite Silicone Rubber Molding Products Finding Solid Foothold

Shin-Etsu Polymer Co. Ltd. (TYO:7970) has revealed decreased sales and a mixed bag of profit metrics in its business results for fiscal 2019. The chemical manufacturer posted sales revenue of 80.25 billion yen ($746.98 million), down by 6.1 percent year-on-year; operating profit of 7.76 billion yen, down by 4.9 percent; ordinary profit of slightly less than 8.1 billion yen, up...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Mitsui Chemicals Sees Sales Revenue Drop for FY2019

Mitsui Chemicals Inc. (TYO:4183) recently posted its business results for fiscal 2020 to reveal sales of just under 1.34 trillion yen ($12.52 billion), down 9.7 percent year-on-year. The company’s overall operating income totaled a little below 71.64 billion yen, down by 23.3 percent, with ordinary income down 36.4 percent to slightly under 65.52 billion yen and net income down 50.1...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Toyoda Gosei Sees Operating Profit Halve for FY2019 Due to Coronavirus

Toyoda Gosei Co. Ltd. (TYO:7282) recently posted its business results for fiscal 2019, revealing year-on-year decreases in a number of performance metrics. This included sales revenue of 812.94 billion yen ($7.6 billion), down 3.3 percent year-on-year; operating profit of 17.89 billion yen, down 51 percent; and net profit of 11.23 billion yen, down 51.8 percent. In Japan specifically, Toyoda Gosei’s...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

JSR Sees Sales Revenue Decline 4.7% for FY2019

JSR Corp. (TYO:4185) recently posted its business results for fiscal 2019, revealing sales revenue of 471.97 billion yen ($4.4 billion) – down 4.7 percent year-on-year. The company’s operating profit for the year came to 32.88 billion yen, down 27.3 percent, while its net profit totaled 22.64 billion yen, down 27.4 percent. In the Elastomers segment specifically, JSR generated 178.79 billion...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Tokai Carbon Raises All Carbon Black Prices by 6 Yen Per Kilogram

Tokai Carbon Co. Ltd. (TYO:5301) has raised prices by 6 yen per kilogram for all carbon black products, implementing this for all shipments to be delivered from May 1 onward. In explaining the price increase, the major carbon black manufacturer says that, due to the International Maritime Organization (IMO) tightening its restrictions on the permitted sulfur content of bunker fuel,...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Inoac Posts Increased Revenue, Profit in Auto Parts Business for 2019

Inoac Corp. recently posted its business results for calendar 2019, revealing a year-on-year increase to sales revenue but decrease to profits for the company as a whole. Sales revenue for the major manufacturer of rubber and polyurethane foam came to 189.47 billion yen ($1.76 billion), up by 3.9 percent year-on-year. Operating profit ended at 3.87 billion yen, down by 8.1...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading