Nitta Corp. (TYO:5186) recently announced that its Mexican subsidiary, Nitta Moore Mexico S. de R.L. de C.V. (NMM), held a ceremony on Feb. 19 to mark the end of construction for the third phase of a plant expansion project. The ceremony was attended by a number of San Luis Potosi state and city officials, including business council executive Gabriela Rivera...
Products
Nitta Develops New Robotic Hand Able to Grip Wider Range of Foods
Nitta Corp. (TYO:5186) is set to begin accepting orders this March for its new SOFTmatics robotic hand. In developing the SOFTmatics, the major industrial rubber products manufacturer looked to bring about a new robotic hand that is able to directly grip foods of unusual shape and other such characteristics – a task that has proven difficult for conventional robotic hands....
Sumitomo Riko Posts Record Sales, Falling Profits for Q1–Q3
Sumitomo Riko Co. Ltd. (TYO:5191) recently posted record-high sales in cumulative results for the first three quarters of fiscal 2018. This comes despite profits falling under all metrics. Sales for the nine-month period came to 350.43 billion yen ($3.19 billion), up 2.8 percent year-on-year. Meanwhile, business profit – calculated by subtracting cost of sales, sales expenses and general administrative expenses...
Gates Unitta Asia Pushes Product Applications in EV-Related Equipment
Gates Unitta Asia Co. forecasts its domestic sales for general-purpose industrial belts for December 2018 will increase by around 5 percent year-on-year. In addition to the strong sales of its mainstay products for semiconductor manufacturing equipment, machine tools and industrial robots, demand for new electric vehicle (EV)-related applications also expanded. Sales for products used in food and packaging manufacturing equipment...
Fujikura Rubber Acquires ISO Certification for Medical Device Quality Management Systems
Major industrial rubber manufacturer Fujikura Rubber Ltd. (TYO:5121) recently obtained ISO 13485:2016 certification, the international standard for quality management systems of medical devices. In contrast to the ISO 9001:2015 standard, ISO 13485:2016 comes chiefly aimed at medical device manufacturers. It seeks conformity with regulatory requirements these devices, adding in risk management, cleanliness, pollution control and other such requirements specific to...
Bando Chemical Reports Rising Sales, Profits on Back of Strong Auto Parts Business
Bando Chemical Industries Ltd. (TYO:5195) has reported a year-on-year increase to both sales and profits for the first half of fiscal 2018. Sales for the half increased 5.3 percent over the same period last year to reach 48.2 billion yen, with operating profit up 23.4 percent to 3.81 billion yen, ordinary profit up 34.2 percent to 4.55 billion yen and...