Sagami Rubber Industries’ performance for the fiscal year ended March 31, 2025 (April 2024 to March 2025) recorded net sales of 5.69 billion yen ($39.55 million), a 6.9% decrease from the previous year, an operating loss of 33 million yen (compared to an operating profit of 436 million yen in the prior year), an ordinary profit of 522 million yen,...
Sumitomo Rubber has been awarded the 37th Rubber Society of Japan Award for its Active Tread Technology, a groundbreaking material innovation that allows tire performance to adapt to changing road conditions. The Rubber Society of Japan Award is presented to society members who have made distinguished contributions to the advancement of science, technology, or industry in the field of rubber...
Mitsui Chemicals announced on May 19 that it will raise the price of Admer by 25 yen ($0.17) per kilogram for deliveries starting July 1. The company stated that the price hike is due to significant increases in costs for certain raw materials, labor, logistics, and equipment maintenance. “Despite efforts to reduce costs, the situation has exceeded our ability to...
Yokohama Rubber has acquired fixed assets, including land, buildings, and production facilities, in Romania through its subsidiary Yokohama TWS Romania. The move aims to enhance the company’s production capacity for off-highway tires (OHT), including tires for agricultural machinery, in Europe. The acquired land spans approximately 200,000 square meters, with the acquisition cost amounting to $35 million. This acquisition follows Yokohama...
Bando Chemical reported sales revenue of 115.59 billion yen ($797.70 million), up 6.8% year-on-year, core operating profit of 7.74 billion yen, up 2.1%, and net profit of 1.50 billion yen, down 75.8%, for the fiscal year ended March 31, 2025. Factors affecting core operating profit included profit increases from higher gross profit due to sales growth of 1.36 billion yen...
Nitta performance for the fiscal year ended March 31, 2025, recorded sales of 90.28 billion yen ($622.29 million), up 1.9% year-on-year, operating profit of 5.16 billion yen, up 16.6%, ordinary profit of 14.60 billion yen, up 21.6%, and net profit of 12.13 billion yen, up 23.1%. Sales grew despite continued weakness in automotive and construction machinery sectors, driven by a...
Signup today for free.
You will receive a weekly or daily roundup on what has been published and will be up to date on special offers.
Please make sure to select your preferred sending frequency!
Note: We save your entered data to send the newsletter. You can always easily unsubscribe. More information on data handling: Privacy Policy.
Close window
