Nitta Corp. (TYO:5186) President Motonobu Nitta has revealed Phase 3 of his company’s V2020 medium- to long-term management plan. Starting in fiscal 2018, Phase 3 is set to cover a three-year span ending in fiscal 2020. By this point, the plan aims to achieve annual sales of 100 billion yen ($913 million), up from 72.9 billion yen in fiscal 2017,...
Bando Chemical Industries Ltd. (TYO:5195), a manufacturer of automotive rubber components and belts, is focusing on Asia as part of its current medium- to long-term management plan, which it has been following since fiscal 2013. With one of this plan’s guidelines targeting the “evolution of global market strategy,” the company has set Asia as a high-priority region, and aims for...
NOK Corp. (TYO:7240) President Kiyoshi Doi recently commented on the solid performance of his company’s seal business for the fiscal year ended March 31, 2018. Orders have been higher than expected, he said, leaving the company operating at full capacity – and so, he continued, NOK will make major investments this fiscal year to expand its facilities. Doi explained that...
Zeon Corp. (TYO:4205) is planning to enhance the drying capabilities of its Kawasaki Plant, where the company produces a special vulcanized hydrogenated nitrile rubber (HNBR) sold under its Zetpol brand. This improvement to the plant’s drying capacity will allow Zeon more flexibility in manufacturing both dry and latex versions of its special-grade Zetpol products, and will also boost production efficiency....
Yoshino Rubber Industrial Co. Ltd., an Osaka-based manufacturer of conveyor belts and conveyor belt systems, is seeing strong sales for its ultrawide rubber sheets. Launched in 2015, the sheeting is manufactured by a partner firm in Taiwan and can be made with a width of up to 12 meters through the use of integral molding. It is available in thicknesses...
Yokohama Industrial Products Japan Co. Ltd., a sales subsidiary for the non-tire operations of Yokohama Rubber Co. Ltd. (TYO:5101), is striving to further improve its contributions to its parent company, which last year welcomed its 100th anniversary. Hiroyuki Hosoda, president of Yokohama Industrial Products Japan, has said that he is satisfied with his company’s numerical results for 2017. But with...
