President Yoichiro Watanabe of Asahi Rubber Inc. (TYO:5162) recently went into detail on the company’s 12th three-year medium-term management plan, termed the V-2 Plan. The rubber product manufacturer, which works with automotive electronics, biotechnology and environmental products, aims to achieve 7–8 billion yen ($62.84–71.72 million) in consolidated sales and an 8-percent consolidated operating profit margin by the end of fiscal...
Asa Color LED
Total Shipments of Asahi Rubber’s Asa Color LED Reach 1 Billion Pieces
The total shipments of Asahi Rubber Inc.’s (TYO:5162) Asa Color LED light emitting diodes reached 1 billion pieces in November. Asa Color LED offers more than 10,000 colors of homogenous light to illuminate in-vehicle devices by applying phosphor impregnated silicone rubber caps onto blue light emitting diodes. Therefore, the product is in high demand for automotive interior and special illumination...
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