Many rubber and plastics companies exhibited at Fooma Japan, the four-day international food machinery and technology exhibition held at Tokyo Big Sight from June 7 to 10. The companies actively promoted their wares to food product users. Belt manufacturers were especially fired up as they set up their booths with contraptions that attracted attendees’ attention. According to statistics released by...
Light-duty resin conveyor belts are trending well at present in terms of both production and shipment, due to robust sales in Japan’s food industry. Offering the largest demand among all sectors for such belts, the food industry provides stability now and prospectively moving forward in this regard. As such, it is drawing the attention of belt manufacturers across the board,...
In FY 2015, Mitsuboshi Belting Ltd. (TYO:5192) posted operating income of 7.6 billion yen ($69.45 million), a 7 percent increase over the year prior and the highest the company has ever achieved. Year-on-year net sales were up no more than 1 percent at approximately 67.1 billion yen. Net sales of belts in Japan were around 26.5 billion yen, down 3...
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