Bando Chemical Industries Ltd. (TYO:5195) subsidiary BL Autotec Ltd. has launched the FlexR-25 as a new product under its BL Quick-Change series of tool changers. The FlexR-25 can be used for a wide range of applications, including the assembly, deburring, grinding, machine tool handling and cleaning processes. Making use of the ball-lock-based attachment and detachment mechanism inherent to the broader...
Bando Chemical Industries Ltd. (TYO:5195) and Tosoh Corp. (TYO:4042) have been selected to receive backing for a joint project of theirs from the New Energy and Industrial Technology Development Organization (NEDO). This comes as part of a NEDO initiative to develop cellulose nanofiber (CNF)-related technology capable of helping to achieve a carbon-recycling society. Set to run over fiscal 2020–2024, the...
Bando Chemical Industries Ltd. (TYO:5195) recently posted its business results for the first fiscal quarter, with President Mitsutaka Yoshii noting that both sales and profits fell year-on-year. The company has been hit by the effects of factors such as the U.S.–China trade war and a sluggish Asian market, yet Yoshii said that he expects to see a recovery in the...
Belt manufacturer Bando Chemical Industries Ltd. (TYO:5195) is focusing on growing its business for medical and health care equipment – a sector where demand is expected to grow going forward. As part of this approach, the company recently spent 10.55 billion yen ($96.48 million) on acquiring Aimedic MMT Co. Ltd., which handles production, sales and afterservice for plastic surgery equipment....
Bando Chemical Industries Ltd. (TYO:5195) announced on April 5 that it signed a share purchase agreement to acquire all shares of Aimedic MMT Co. Ltd., a manufacturer, seller and provider of after-sale services for orthopedic medical devices. Acquired from a fund managed by the Polaris Capital Group Co. Ltd. for around 10.55 billion yen ($94.23 million), Aimedic MMT will become...
Bando Chemical Industries Ltd. (TYO:5195) recently received a chairman’s award from the Energy Conservation Center, Japan (ECCJ), as part of the 2018 Energy Conservation Grand Prize awards. The company won this off the back of its Hyper Flat Drive (HFD) System, a flat belt drive system that was rated strongly for enabling a high level of energy conservation. This marks...
