In the first half (April-September) of the fiscal year ending March 31, 2024, Togawa Rubber’s rubber sheet business posted a slight increase in sales over the same period last year. However, the business stalled in the summer, possibly due to the impact of price revisions implemented in June, and sales in August and September were lower than in the same...
Products
Sumitomo Riko to Streamline Factories at Komaki Plant
Sumitomo Riko has begun renovation of its Komaki Plant to achieve the 2029 Sumitomo Riko Group Management Vision (2029V). As the first phase of this project, a groundbreaking ceremony for a new chemical engineering plant was held on November 28. In 2021, the company has dismantled the former company housing and gymnasium in the northern part of the Komaki Plant...
Fukoku’s Sales up 10% in First Half
Automotive rubber parts maker Fukoku posted sales of 42.95 billion yen ($291.76 million), up 10.2% year-on-year, operating profit of 1.06 billion yen, up 29.6%, recurring profit of 1.39 billion yen, down 23.2%, and net profit of 1.047 billion yen, down 28.7% in the first half (April-September) of the fiscal year ending March 2024). Sales were affected by the economic slowdown...
Mitsuboshi Belting Posts Increasing Sales of Mainstay Automotive Belts in First Half
Mitsuboshi Belting’s results for the first half (April-September 2023) of the fiscal year ending March 2024 showed an increase in sales of its mainstay automotive belts, but a decline in sales and profits from general industrial and OA equipment use. With the company raising product prices in 2021 and 2022, it said that this led to a buildup of market...
Fuji Latex Sales Down 7% in First Half, New Condom Material Performs Well
In the second half of the fiscal year ending March 2024 (April-September 2023), Fuji Latex posted sales of 3.86 billion yen ($25.63 million), down 7.3% year-on-year; operating profit of 247 million yen, down 33.7%; ordinary profit of 239 million yen, down 35.2%; and net profit of 173 million yen, down 32.6%. Net income was 173 million yen, down 32.6%. By...

Seal Launches World’s First Luxury Glove Made From Discarded Tires and Genuine Leather
Mondo Design, a manufacturer and seller of bags and accessories, will begin selling under its Seal brand a limited quantity of Glove For Touch, the world’s first luxury glove combining discarded tire tubes and genuine leather. Seal is a brand of products made from upcycled discarded tires. The product is a glove that combines ease of use and strength, made...