Mitsuboshi Belting’s results for the first half (April-September 2023) of the fiscal year ending March 2024 showed an increase in sales of its mainstay automotive belts, but a decline in sales and profits from general industrial and OA equipment use. With the company raising product prices in 2021 and 2022, it said that this led to a buildup of market...
In the second half of the fiscal year ending March 2024 (April-September 2023), Fuji Latex posted sales of 3.86 billion yen ($25.63 million), down 7.3% year-on-year; operating profit of 247 million yen, down 33.7%; ordinary profit of 239 million yen, down 35.2%; and net profit of 173 million yen, down 32.6%. Net income was 173 million yen, down 32.6%. By...
Mondo Design, a manufacturer and seller of bags and accessories, will begin selling under its Seal brand a limited quantity of Glove For Touch, the world’s first luxury glove combining discarded tire tubes and genuine leather. Seal is a brand of products made from upcycled discarded tires. The product is a glove that combines ease of use and strength, made...
Sumitomo Riko’s heat shielding film is widely being adopted for in-vehicle use in Malaysia. The film is installed on front and front side glass and has been used in approximately 100,000 vehicles, including in police vehicles. The company plans to strengthen its sales expansion activities in Southeast Asia and India. The film was developed in collaboration with Ecotint, a Malaysian...
Towa Corporation has launched the Magnex 538, a work glove that employs NanoFinish, a new anti-slip technology that took the company about 10 years to develop. NanoFinish is a rubber material with numerous small holes, each of which acts like a suction cup and provides a high level of gripping power. Compared to the company’s conventional MicroFinish anti-slip technology, the...
NOK has released the industry’s first biomass type Postcone rubber pole (line-of-sight marker/lane separation marker) that utilizes plant-derived biomass material polymer. The new product uses 39% plant-derived polymer for the pipe portion of the body, which has the same characteristics as the polyurethane elastomer used in conventional products, while reducing CO2 emissions in the manufacturing process of the raw material...
