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Asahi Rubber Outlines Medium-Term Sales Targets, Proprietary Tech Plans

on April 10, 2017 in Products

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...

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Total Shipments of Asahi Rubber’s Asa Color LED Reach 1 Billion Pieces

on November 29, 2016 in Products

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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Japanese Rubber Companies Heavily Revise Earnings Projections

on November 17, 2016 in Industry

As companies are releasing their second-quarter earnings for the business year ending on March 31, 2017, some stand out for their revisions to projected full-year earnings. Cost-cutting boosted profits for some, while the higher yen hurt others. The following companies announced upward revisions to profit for the period: Achilles Corp. (TYO:5142), Okamoto Industries Inc. (TYO:5122), Mitsuboshi Belting Ltd. (TYO:5192), Tigers...

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Asahi Rubber to Boost LED Production

on December 3, 2015 in Industry, Products

Asahi Rubber Inc., a manufacturer of automotive and medical rubber products, is planning capital investments worth approximately 543 million yen ($4.42 million) during the fiscal year ending in March 2016. The investments will inject 250 million yen ($2.03 million) into automotive, 95 million yen ($773,000) into medicine, 132 million yen ($1.07 million) into life sciences and 110 million yen ($895,000)...

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