Bando Chemical announced that for the first half (April to September) of the fiscal year ending March 31, 2025, sales revenue was 58.10 billion yen ($377.63 million), up 7.7% year-on-year; core operating income was 4.12 billion yen, up 9.3%; and net income was 3.30 billion yen, down 10.2%. “Sales and operating income increased, but net income decreased due to a...
Yokohama Rubber, the University of Tsukuba, and the Japan Science and Technology Agency (JST) have developed a new image processing method to clearly visualize the internal nanoscale structure of rubber materials. Conventional electron microscope images are noisy and obscure the outline of the interior of rubber, but the new method clearly captures the network structure of reticular molecules and quantifies...
Resonac Holdings announced for the first nine months (January-September) of the current fiscal year net sales of 1.028 trillion yen ($6.65 bilion), up 9.0% year-on-year, operating income of 58.89 billion yen (4.39 billion yen loss in the same period of the previous year), ordinary income of 46.5 billion yen (7.15 billion yen loss in the same period of the previous...
Bando Chemical has signed a strategic partnership agreement with Canadian based Inmotive in two-speed transmissions for electric two-wheelers and three-wheelers. Inmotive’s vision is to accelerate the global evolution of affordable zero-emission mobility and play a key role in mitigating climate change. The company is a start-up company developing the two-speed transmission Ingear, which is expected to extend cruising range through...
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...
Yokohama Rubber has decided to close the plant of Alliance Tire, its subsidiary in Israel that produces and sells off-highway tires (OHT), including tires for agricultural machinery, at the end of December. The plant is one of more than 30 production bases that Yokohama Rubber operates globally and has been in operation for more than 70 years. It has 474...
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