Fuji Latex on June 7 held an online financial results briefing for the fiscal year ending March 31, 2024. For the period, net sales were 7.51 billion yen ($47.57 million), down 7.1% year-on-year; operating income was 439 million yen, down 42.2%; ordinary income was 382 million yen, down 47.7%; and net income was 289 million yen, down 44.0%. Sales fell...
Products
Shinto Scientific Launches Explosion-Proof Three-One Motor Agitator Series
Shinto Scientific, a manufacturer of rubber and scientific instruments operating under the Heidon brand, has added the Ex Series to its Three-One Motor Series of high-performance agitators. This series is Three-One Motor’s first motor-driven explosion-proof agitator. It uses a completely new explosion-proof enclosure design, so even if an explosion should occur inside, it will not be damaged and will not...
Togawa Rubber to Launch New EPT Sheet From July
Togawa Rubber has developed a new ethylene-propylene terpolymer rubber (EPT) sheet with a hardness (Type A durometer) of 70 degrees and will begin selling it as a standard stock item on July 1. The company’s EPT rubber sheet has excellent weather resistance, chemical resistance, acid resistance, heat resistance, and cold resistance. They are used in a wide range of applications,...
Togawa Rubber to Hike Prices for EPT Sheets and Some Natural Black Rubber Sheets
Togawa Rubber plans to revise the prices of its L-100 ethylene-propylene rubber (EPT) sheet with a hardness of 65° for shipments on July 1, and its BL-100 natural black rubber sheet with a hardness of 65° for shipments on October 1. The company said that the price revision is due to the following reasons: “For L-100, it has become difficult...
Fukoku Launches New Medium-Term Management Plan
Fukoku, a manufacturer of automotive rubber products, presented on May 22 its new medium-term management plan, which started this fiscal year and will end in fiscal 2027. In addition to the two business strategies of “strengthening existing businesses” and “expanding growth and new businesses,” the new medium-term plan aims to maximize profitability by reforming the management base with a focus...
Mitsuboshi Belting Announces New Mid-Term Management Plan
Mitsuboshi Belting, a manufacturer of industrial rubber products and rubber belts, announced at a financial result briefing on May 20 the outline of its new ’24 Mid-Term Management Plan, which will run through fiscal 2026. The company’s ideal state for fiscal 2030 is to “establish a strong corporate structure that is resilient to change,” and it has set numerical targets...