Sagami Rubber Industries Co. Ltd. (TYO:5194) is making good sales on its polyurethane condoms despite being priced twice as high as their latex counterparts. The polyurethane product features superior thinness and strength, reassuring consumers and contributing to expanded sales. Approximately 70 percent of Sagami Rubber’s sales are from condoms. Ultra-thin polyurethane condoms (0.01mm thick) have been selling especially well ever...
Products
Bando Plans to Strengthen Position in Asian Market for Power Transmission Belts
Bando Chemical Industries Ltd. (TYO:5195), a major manufacturer of power transmission belts and conveyor belts, is looking to increase its sales of power transmission belts in the Chinese market and the Asian market overall. The company plans to increase its sales in the Chinese market through the end of the 2016 fiscal year to 11.8 billion yen ($107.6 million) from...
Mitsuboshi Belting Operating Income Up 7% on Strong Overseas Sales
In FY 2015, Mitsuboshi Belting Ltd. (TYO:5192) posted operating income of 7.6 billion yen ($69.45 million), a 7 percent increase over the year prior and the highest the company has ever achieved. Year-on-year net sales were up no more than 1 percent at approximately 67.1 billion yen. Net sales of belts in Japan were around 26.5 billion yen, down 3...
Nitta Aiming for Record-high Sales
Belt, hose and tube manufacturer Nitta Corp. (TYO:5186) expects to post 64.5 billion yen ($586.6 million) in sales for the business year through March of next year. The forecast exceeds the current record high of 64.2 billion yen in sales for the year from April 2007 through March 2008. Profits, however, are forecast to decline. In addition to the effects...
Yokohama Rubber to Launch New Sport Tires in Pursuit of Spirited Performance
Yokohama Rubber Co. Ltd. (TYO:5101) will release the Advan Fleva V701, a new product under the company’s global flagship Advan series, in Japan starting in August. The new tire will be sold in 24 sizes, with more to be added in the future. Built upon Advan Sports V105, the Advan Fleva V701 is a sport tire that offers steering stability...
Goodyear Tires Adopted on Peugeot Compact SUVs
Goodyear Tire & Rubber Co.’s Vector 4Seasons all-season tire has obtained official technical approval from Peugeot for use on the automotive manufacturer’s 2008 Cross City, a compact SUV that has been available at certified Peugeot dealers in Japan since March 7, 2016. Developed in Europe, the all-season tire boasts exceptional snow traction that allows vehicles to run on highways in...