Kuriyama Holdings reported a 9.9% year-on-year increase in net sales to 40.33 billion yen ($286.62 million), a 22.9% increase in operating income to 2.78 billion yen, a 21.5% increase in ordinary income to 3.11 billion yen, and a 17.5% increase in net income to 2,11 billion yen in its consolidated interim (January-June) results for fiscal 2024. Both sales and profits...
Materials
Kuraray Posts Record Sales and Profits in First Half: Financial Results
Kuraray posted for the first half of the current fiscal year net sales of 411.22 billion yen ($2.81 billion), up 7.9%; operating income of 45.46 billion yen, up 11.0%; ordinary income of 44.02 billion yen, up 14.2%; and net income of 30.45 billion yen, up 39.4%. The company achieved record-high sales and profits for the first half of the fiscal...
Tokai Carbon Posts First Half Results, Profits Down Substantially
Tokai Carbon reported for the first half of the current fiscal year a 4.2% year-on-year decline in net sales to 170.92 billion yen ($1.17 billion), a 61.2% drop in operating income to 8.43 billion yen, a 56.4% decline in ordinary income to 10.52 billion yen, and a 77.0% drop in net income to 3.66 billion yen. The carbon black business,...
Valqua Sees Declining Sales, Income in Sealing Business: First Quarter Results
Valqua’s results for the first quarter of the fiscal year ending March 31, 2025, showed sales of 61.74 billion yen ($419.94 million), down 0.7% year-on-year; operating income of 7.10 billion yen, down 20.0%; ordinary income of 7.40 billion yen, down 18.1%; and net income of 4.91 billion yen, down 27.2%. By segment, the sealing products business posted sales of 37.16...
Asahi Kasei Reports Increased Volume in Synthetic Rubber and Elastomer Business
Asahi Kasei reported a 13% year-on-year increase in sales to 736 billion yen ($5.01 billion), a 129% increase in operating income to 49.87 billion yen, a 151% increase in ordinary income to 53.72 billion yen, and a 256% increase in net income to 34.1 billion yen for the first quarter (April-June) of the fiscal year ending March 31, 2025. The...
Report: Denka Expects Moderate CR Recovery, Expands Evolmer Into Tire Bladders
Denka’s chloroprene rubber (CR) business experienced weak sales in the previous fiscal year (April 2023-March 2024). “The poor sales trend of the first half continued into the second half of the fiscal year,” the company said. Initially, it had expected a recovery in the second half of the year, but there was no boost in terms of volume, and both...