Fukoku Co. Ltd., a manufacturer of automobile rubber parts, enjoyed a 6.5 percent advance in consolidated net sales year-on-year for the first six months (April–September) of fiscal 2015, Executive Vice President Akira Inohara said. This result, aided by increased earnings at Fukoku subsidiaries in all regions, continues on last year’s solid showing. Net sales were 22.8 billion yen ($185.36 million)...
Conveyor and transmission belt manufacturer Nitta Corporation is also known for developing signature products in the mechatronics field. The latest of these is the company’s newly announced Omega type M automatic tool changer. Nitta offers an extensive automatic tool changer lineup and has to date shipped a cumulative total of more than 200,000 units to customers in 28 countries. The...
Bando Chemical Industries Ltd., a major Japanese belt manufacturer, is making strides in increasing sales in overseas markets. Growing sales in China, Asia and new markets is one of the strategies in the company’s mid-term business plan. Bando Chemical has improved sales of replacement belts for scooters in India and Vietnam during the fiscal year ending March 31, 2016. In...
Asics Corporation has announced the release of MetaRun next-generation running shoes designed for long-distance runners. Asics and its Asics Institute of Sports Science spent three years in development to create the company’s best running shoes ever. MetaRun incorporates four patented and five new technologies to achieve the light weight, stability, fit and cushioning that are crucial to running long distances...
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. is stepping up its global strategy in industrial hoses. The company’s high-pressure hoses performed strongly in the Japanese market up to July but have softened since September. Sales of products for custom designed vehicles and dump trucks were also strong, but the previously robust machine tool business fell on lower exports. Sales in the repair market...
