Zeon Corp. (TYO:4205) Chairman Naozumi Furukawa was decorated with an Order of the Rising Sun at this spring’s conferment ceremony. Commenting on the decoration, the 72-year-old Furukawa said that he was honored and humbled to receive the award and that he accepts it thanks to the continued support of those from other industries and from within his own group. He...
Major synthetic rubber company JSR Corp. (TYO:4185) has released its business results for fiscal 2016. Sales were up for the company 1 percent year-on-year, rising to 390,599,000,000 yen ($3.34 billion); operating profit was down 5.9 percent at 32.37 billion yen; ordinary income rose 7.8 percent to 36,264,000,000 yen; and net profit, up 25 percent, increased to 30,078,000,000 yen. The company’s...
Major raw material supplier Kato Sansho Co. Ltd. has been enjoying strong international sales of late, achieving 50 billion yen ($444.6 million) in annual sales for the first time in three years. The company has seen growth in its sales of materials for automotive parts, with automakers themselves riding a robust market. Additionally, the company has been getting increased sales...
Bando Chemical Industries Ltd. (TYO:5195) held its annual distributor meeting in Kobe on April 21. The company’s fifth to date, the meeting had an attendance of 89 members from across Japan. In addition to welcoming representatives from the company’s 60 key distributors, the event had in attendance 17 members from Bando Chemical, including President Mitsutaka Yoshii and other executives. Also...
Daiki Rubber Industry Co. Ltd., Japan’s first manufacturer of rubber lining, has been an industry leader since the company’s establishment in 1930. President Chisei Murayama recently set aside some time for an interview with Japan Rubbery Weekly to talk about the rubber lining industry’s current performance, internationalization and more. Discussing Daiki Rubber’s performance within the rubber lining market, Murayama said...
Zeon Corp. (TYO:4205) recently announced SZ-20 Phase III, a new medium-term management plan covering the four fiscal years from 2017 to 2020. The plan sets a target for consolidated net sales of at least 500 billion yen ($4.47 billion) in fiscal 2020. Zeon expects that two businesses, elastomers and advanced functional materials, will each account for 250 billion yen of...
