Bando Chemical’s first half (April-September) results (IFRS) showed revenue of 52.2 billion yen ($378.70 million), up 13.1 percent year-on-year; and core operating profit of 3.65 billion yen, down 16.6 percent. Sales of products remained strong despite the lingering impact of the coronavirus pandemic. Sales also increased due to the weaker yen. On the other hand, the cost of sales ratio...
Bando Chemical Industries Ltd. has released its business results for fiscal 2021, revealing growth in both revenue and income. The company’s sales revenue reached 93.74 billion yen, up 15.2 percent year-on-year; and its core operating income came to 5.88 billion yen, up 19.1 percent. Taking a deeper look at the results, Bando Chemical’s auto parts business saw its sales revenue...
Bando Chemical has launched sales of a non-adhesive belt for food product use that it has named Mr. Silky Coat, a new addition to its Sunline Belt lineup of light-duty conveyor belts. The use of the hybrid material in which the belt surface is impregnated with silicone-modified polyurethane gives the belt a surface for transporting materials that is high in...
Bando Chemical Industries Ltd. (TYO:5195) launched sales last month for B4S, a health care device in the form of a swallowing monitor that utilizes the company’s proprietary C-Stretch stretchable strain sensor. The new product is able to easily perceive throat movement: the B4S device is pressed against the throat, with its embedded C-Stretch stretchable strain sensor then perceiving throat movement...
Bando Chemical Industries Ltd. (TYO:5195) is moving this year to close and liquidate Bando (Shanghai) Industry Equipment Element Co. Ltd., a group company that carries out conveyor belt production and related production for the Chinese market. However, Bando Chemical still sees the Chinese conveyor belt sector as offering a promising market going forward. The company will therefore look to have...
Bando Chemical Industries Ltd. (TYO:5195) is bringing in special paid leave days for its employees to get vaccinated against COVID-19. By providing this paid leave, the transportation and conveyor belts manufacturer aims to reduce health risks from COVID-19 and help prevent its spread. However, the company will only recommend vaccination rather than require it, leaving it up to each individual...
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