Sakura Rubber’s fiscal 2023 results showed sales of 13.35 billion yen ($85.19 million), up 24.9% year-on-year; operating income of 1.14 billion yen, up 166.9%; ordinary income of 1.11 billion yen, up 170.4%; and net income of 733 million yen, up 133.5%. Among segments, the firefighting and disaster prevention business posted sales of 8.72 billion yen, up 28.8%, and operating profit...
Tigers Polymer’s results for the fiscal year ending March 31, 2024, showed sales of 47.86 billion yen ($304.97 million), up 5.7% year-on-year; operating income of 3.19 billion yen, up 192.9%; ordinary income of 4.29 billion yen, up 129.2%; and net income of 3.02 billion yen, up 269.9%. By segment, sales in Japan increased 1.8% to 21.93 billion yen, and operating...
Nitta announced net sales of 88.61 billion yen ($565.29 million), up 0.7% year-on-year; operating income of 4.42 billion yen, down 11.4%; ordinary income of 12,01 billion yen, down 6.9%; and net income of 9.68 billion yen, down 9.2%, for the fiscal year ending March 31, 2024. “Sales were decent, but profits fell sharply due to a slower-than-expected decline in the...
Yokohama Rubber has in April added cellular fenders and cone fenders to its solid fender product lineup for use in port moorings. Following the release of the basic model V-type solid fender in July 2023, the two higher-performance products complete a lineup that meets a wide range of user needs. Going forward, the company plans to further expand its market...
Shin-Etsu Polymer posted sales of 104.38 billion yen ($668.25 million), down 3.6% year-on-year, operating income of 11.05 billion yen, down 13.3%, ordinary income of 11.53 billion yen, down 11.2%, and net income of 8.67 billion yen, up 1.7% for the fiscal year ended March 2024. In the precision molded products segment, sales declined 4.8% to 47.61 billion yen, and operating...
Seal, a brand that upcycles discarded tires, began on April 16 limited-quantity pre-order sales of the Sneaker 501 Vibram Sole, Japan’s only high-performance sneakers made from discarded tire tubes. The product is made from discarded tire tubes from large trucks, which are not crushed or processed in any other special way, but are reused as a part of the upper...
