Nitta Corp. (TYO:5186) has reported rising sales and profits for the first quarter of fiscal 2018. This puts the company on a solid start to achieving its medium-term management plan goal of generating 100 billion yen ($899.62 million) in sales for fiscal 2020. Sales for the quarter came out to 21.63 billion yen, growing 19.2 percent year-over-year. Operating profit increased...
Okamoto Industries Inc. (TYO:5122) has seen its sales for the first quarter of fiscal 2018 rise 6.2 percent year-on-year to 22.47 billion yen ($203.93 million), according to a recent release of business results for the period. These results also show the company’s operating profit for the quarter as having risen 2.1 percent to 2.89 billion yen, while ordinary profit was...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has developed a new series of car air conditioning hoses that offer compatibility with HFO-1234yf. A next-generation refrigerant, HFO-1234yf is finding increasing use in automotive air conditioning, especially by North American automakers. The new hose series includes both high-pressure and low-pressure products, and has already been adopted for use in the...
Toyoda Gosei Co. Ltd. (TYO:7282), a member of the Toyota Group, has opened a new base for Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. (TGMIN). The base is intended to handle engineering and sales matters, and is located in Gurgaon, near Delhi. Employees at the location have been tasked with developing, designing and selling a range of products –...
Sumitomo Riko Co. Ltd. (TYO:5191) is set to exhibit Refleshine, a highly transparent film for shielding and insulating windows, for the first time at an event in China. The company will be bringing this material to the Shanghai International Green Architecture and Construction Materials Expo 2018, which opens on July 18. A transparent, nano-hybrid, multilayered film, Refleshine can be applied...
Inoac Corp.’s Thermax series of polyisocyanurate (PIR) boards is showing strong performance in the long-standing market for energy conservation via thermal insulation. This comes against the background of an industry constantly pursuing increased performance, with thermal insulation materials for construction held in particularly high regard due to their ability to unite both economical and environmental friendliness. Thermax offers high insulation...
