The blanket division of Japan’s largest rubber roll manufacturer Kinyosha performed well in overseas markets in fiscal 2021 ending March 2022. And although demand in Japan for newspaper printing remained flat, that for offset – sheet-fed and commercial web offset – recovered. The company raised prices of all its products in the second half of the fiscal 2021, as cost...
Japan’s largest rubber roll manufacturer Kinyosha reported year-on-year increases in both sales and profit for fiscal 2021 ending March 31, 2022. Although demand fell due to the impact of the coronavirus pandemic, it recovered by March 2022 as the impact slowly subsided. In particular, blankets geared for overseas, rolls for films, rolls for OA equipment, and iron core-related products contributed...
Nitta Corp. (TYO:5186) recently held a ceremony to mark the start of construction for an eighth building at its Nara Plant. Construction of the new building is set to be finished by the end of March 2023 for a total cost of 650 million yen ($4.81 million), with operations then beginning in June. The building will be used for production...
Mitsuboshi Belting Ltd. (TYO:5192) has reported increases to both sales and profits for the fiscal year through March 2022. Sales increased 15.4 percent from the previous year to 74.87 billion yen ($580 million), while operating income increased 53.8 percent to 7.64 billion yen. The company noted that business began to recover gradually during the second half of fiscal 2020, with...
Bando Chemical has launched sales of a non-adhesive belt for food product use that it has named Mr. Silky Coat, a new addition to its Sunline Belt lineup of light-duty conveyor belts. The use of the hybrid material in which the belt surface is impregnated with silicone-modified polyurethane gives the belt a surface for transporting materials that is high in...
Toyoda Gosei Co. Ltd. (TYO:7282) has announced plans to expand its Seto Plant, which manufactures products for automotive interiors and exteriors in Seto, Aichi. By expanding this plant – which is located near the company’s main customer in Japan – it will be possible to install new facilities, allowing in turn for more efficient manufacturing and improved competitiveness. The land...
