Rubber products maker Achilles posted sales of 38.18 billion yen ($258.94 million) in the first half of the fiscal year ending March 2024 (April-September 2023), down 6.4% year-on-year. The company posted an operating loss came of 519 million yen (vs. a loss of 102 million yen in the same period last year), an ordinary loss of 45 million yen (vs....
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Achilles Reports 12% Sales Growth in First Half
Achilles reported financial results for the first half (April – September) of the fiscal year ending March 31, 2023, with net sales of 40.8 billion yen ($292.85 million), up 12.0 percent year-on-year; an operating loss of 102 million yen (a profit of 608 million yen in the previous year); ordinary income of 489 million yen, down 42.8 percent; and net...
Achilles Backs Athlete’s Push to Break Guinness World Record in Rope Skipping
Shoe manufacturer Achilles is supporting Akitoshi Moriguchi in his push to break a Guinness World Record for rope skipping. Moriguchi, a professional rope skipper, is aiming to be the first in the world to achieve eight revolutions in a single skip. And to support this endeavor, Achilles is providing him with its Hyper Jumper shoes, which utilize Acrofoam – a...
Toyota Takes on Conductive Surface Material From Achilles to Aid in Stable Vehicle Behavior
Achilles Corp. (TYO:5142) recently announced that a conductive surface material it offers has been picked up by Toyota Motor Corp. (TYO:7203) for use in a special-edition Toyota Corolla launched last November. By incorporating the conductive surface material into the driver’s seat, static electricity built up in the driver and their surroundings can be dispersed throughout their entire body, reducing electric...
Achilles Posts 17.8% Decline in Q1 Sales Revenue
Achilles Corp. (TYO:5142) recently released its business results for the April–June quarter of fiscal 2020, revealing declining sales and a mixed bag of profit metrics. The company posted quarterly sales revenue of just under 15.84 billion yen ($148.17 million), down by 17.8 percent year-on-year; an operating loss of 92 million yen, down from an operating profit of 236 million yen;...
Achilles Launches Eco-Friendly Soft PVC Sheet Made With Biomass Materials
Achilles Corp. (TYO:5142) has developed what it is calling AM-01, an eco-friendly, soft polyvinyl chloride (PVC) sheet made using biomass as part of its raw materials. The sheet has been certified with the Biomass Mark from the Japan Organics Recycling Association (JORA), and Achilles has used the material to launch sales of the world’s first biomass-based desk mat. This new...