Japan’s carbon black masterbatch industry is experiencing a downturn. The expected rise in demand starting in July 2015 had not materialized as of November. Accordingly, the Japan Polymer Mixing Manufacturers Association (JPMA; comprising 24 companies) has lowered its forecast for 2015 to between 110,000 and 115,000 tons, about the same as 2014, or less. The year the JPMA was established,...
Dow Chemical Japan Ltd. (President: Peter Jennings) held “Dow Japan Innovation Day Tokyo” on November 19 to showcase its latest technologies and business activities in Japan. The large turnout of 320 visitors included customers, partner companies and industry representatives. The importance that Dow places on the Japanese market was shown by the presence of about 50 personnel from parent The...
The 25 listed rubber companies (including the two synthetic rubber manufacturers JSR Corp. and Zeon Corp.) have reported their earnings for the first six months (April-September) of fiscal 2015. Twenty of the 25 companies reported higher revenues, while 21 increased operating profits, 19 had higher ordinary income, and 20 increased net income. Seventeen increased both revenues and profits (sales, ordinary...
Major Japanese oil seal maker NOK Corp.‘s performance in the first half (April-September) of 2015 achieved large increases in revenues and profits, with net sales increasing 22 percent year-on-year to 383.6 billion yen ($3.13 billion); operating profit rising 15 percent to 29.3 billion yen ($239.37 million); ordinary income increasing 11 percent to 34.3 billion yen ($280.23 million); and quarterly net...
Nissan affiliate Kinugawa Rubber Industrial Co. Ltd. enjoyed increased revenue and profit in the first half of fiscal 2015 (April–September). While revenue was down slightly in Japan due to lower output at Nissan Motor Co. Ltd. and a fall in orders for construction machinery products, earnings were up in the Americas and Asia. Factors contributing to higher profits included more...
Sumitomo Riko Co. Ltd. has established its Global Headquarters in JP Tower Nagoya in the city of Nagoya (Aichi Prefecture, Japan). Opening in January 2016, it will provide integrated management of the group’s worldwide operations. With strengthened global head office functions now situated in a major metropolis, Sumitomo Riko aims for reformed employee awareness and the ability to procure and...
