Denka announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025). Consolidated net sales came in at 94.07 billion yen ($640.58 million), down 1.2% year-on-year. Operating profit declined 51.2% to 2.30 billion yen, and ordinary profit fell 53.7% to 1.67 billion yen. Net profit, however, surged 122.2% to 5.00 billion yen, largely...
Tigers Polymer announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025). Consolidated net sales rose 3.6% year-on-year to 12.32 billion yen ($83.89 million). Operating profit surged 29.4% to 916 million yen, while ordinary profit fell 13.2% to 995 million yen. Net profit edged up 0.8% to 733 million yen. By segment,...
Bridgestone and ispace, a space startup engaged in lunar resource development, have signed a basic agreement to pursue the commercialization of tires for small and medium-sized lunar rovers. Under the agreement, the two companies will collaborate to enhance the performance of ispace’s small and medium-sized lunar rover prototypes by equipping them with elastic lunar rover tires developed by Bridgestone. These...
Bridgestone has partnered with Cebu Pacific Air, one of the Philippines’ largest airlines, to launch a new solution aimed at improving the efficiency of aircraft tire inventory management. The service, which began in April, utilizes Bridgestone’s proprietary tire tracking system easytrack, combining two-dimensional (2D) codes and a smartphone application. This marks the first time Bridgestone has officially implemented the service...
Sumitomo Rubber posted a decline in both sales and profit for the first half of the fiscal year ending December 31, 2025, but said its shift toward a more premium product mix continued to make progress. For the January–June period, revenue under IFRS came to 572.19 billion yen ($3.88 billion), down 2.5% from a year earlier. Business profit dropped 33.1%...
Tosoh announced that it will raise the price of its chloroprene rubber product Skyprene (sulfur-modified grade) effective with shipments on or after September 19. The increase will be at least 120 yen ($0.81) per kilogram for domestic customers and at least $800 per metric ton for exports. Tosoh said that while it has implemented cost-reduction measures, labor savings, and logistics...
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