Synthetic rubber manufacturer JSR Corp. (TYO:4185) recently announced that its U.S. subsidiary JSR Micro Inc. has started construction on a new plant in the state of Oregon, looking through this to bolster its production capacity for cutting-edge semiconductor cleaning agents. Total investment in the project is expected to come to around $100 million, with operations slated to start up in...
Products
Bridgestone Supplies Seismic Isolation Bearings for 2020 Olympics Venues
Bridgestone Corp. (TYO:5108) recently announced that it has supplied a range of seismic isolation bearings to two venues currently being constructed for the upcoming 2020 Olympic and Paralympic Games in Tokyo. As part of the project, Bridgestone has provided eight natural rubber bearings for use in the Tokyo Aquatics Centre, which is set to be used for swimming and diving...
Okamoto Launches New Condom Aimed at Improving STD Prevention, Rate of Condom Use
Okamoto Industries Inc. (TYO:5122) recently announced that it has launched a new condom in the Japanese market. Named the VivaGel condom, the product is aimed at preventing the transmission of STDs and encouraging more people to make use of condoms. The new product is the first in the Japanese market to make use of VivaGel coating in its lubricant. Developed...
Mitsuboshi Belting Targets R&D, Increased Production in Largest Ever Plan for Capital Investment
Mitsuboshi Belting Ltd. (TYO:5192) is setting aside approximately 5.7 billion yen ($52.64 million) for capital investments in fiscal 2019, marking a 74 percent increase over fiscal 2018 to make for the company’s largest ever year of such investments. This will go toward updating and expanding the company’s production facilities, both in Japan and abroad; enriching test research facilities; and reconstructing...
Bando Chemical Sets Sights on Expansion in Medical Equipment Business
Belt manufacturer Bando Chemical Industries Ltd. (TYO:5195) is focusing on growing its business for medical and health care equipment – a sector where demand is expected to grow going forward. As part of this approach, the company recently spent 10.55 billion yen ($96.48 million) on acquiring Aimedic MMT Co. Ltd., which handles production, sales and afterservice for plastic surgery equipment....
Nitta Achieves Year-on-Year Increase to Belt, Rubber Product Sales for 2018
Nitta Corp. (TYO:5186) recently posted its results for fiscal 2018, revealing a total of 89.17 billion yen in annual sales – up by 22.2 percent year-on-year. On the profit side of the equation, the company made 5.66 billion yen in operating income, up 16.4 percent year-on-year; 11.47 billion yen in ordinary income, down 0.3 percent; and 8.97 billion yen in...