The domestic revenue for the conveyor belt business of Yokohama Rubber Co. Ltd. (TYO:5101) moved almost sideways last year from the prior year. Meanwhile, the global sales for the segment fell, pushed down by a decline in global commodity prices. Although the segment’s domestic sales volume slightly increased, the profit was squeezed by price competition. While the demand for steelmakers,...
Mitsutaka Yoshii, president of Kobe-based Bando Chemical Industries Ltd. (TYO:5195), presided over a ceremony on April 14 to commemorate the 110th anniversary of the business’s foundation, where he and around 200 people including executives, managers and other employees were in attendance for the special occasion. The ceremony was broadcast live to 23 locations in nine countries. Yoshii kicked off the...
Katsura Roller Mfg. Co. Ltd.’s winding roller, e-Core, has earned the award of “Gold Ecotech,” which is given to Osaka-developed products that are judged as being advanced environmental technology. The e-Core is a product that provides new features to the roller core, which is necessary for rolling plastic film, sheets and metal foil for industrial, printing and packing purposes. By...
Kinugawa Rubber Industrial Co. Ltd. (TYO:5196) has written off some of the debt held by consolidated subsidiary Kinugawa Mexico SA De Cv. Writing off this debt is intended to free Kinugawa Mexico of excessive liabilities and fortify its financial footing. The debts forgiven, including accounts receivable, amounts to $13 million. This move means Kinugawa Rubber Industrial has booked approximately 1.47...
Yokohama Industrial Products Italy S.r.l., a subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101) that manufactures and sells marine hoses, will begin boosting production and increasing sales of its Seaflex brand of marine hoses in the first half of the fiscal year that began on April 1, 2016. The hoses, which are used for the maritime transport of crude oil and...
Komatsubara, a Japanese manufacturer of equipment and machinery for producing rubber products, has plans to increase sales of its Floating Vibro Washer (FV Washer), a washing system for automatically cleaning and unclogging soiled metal mesh conveyor belts. The FV Washer is highly suitable for use in food production processes, where complete hygiene control is an absolute requirement. And the company...
