Mitsui Chemicals Inc. (TYO:4183) President and CEO Tsutomu Tannowa recently announced that the company set new record-high operating, ordinary and net profits in the first half (April–September) of the fiscal year ending March 31, 2018. Over the period, the company generated 620.9 billion yen ($5.49 billion) in sales, 48.2 billion yen in operating profit, 49.9 billion yen in ordinary profit...
Bridgestone Corp. (TYO:5108) Chairman and CEO Masaaki Tsuya has announced the tire manufacturer’s Mid-Term Management Plan (MTP) for 2017, with medium-term numerical targets largely unchanged from the MTP issued the previous year. The 2017 plan reiterates the 2016 MTP’s medium-term goals of a return on assets (ROA) of 6 percent, an operating profit rate of 10 percent, and a return...
Bando Chemical Industries Ltd. (TYO:5195) has been working to bolster existing businesses while creating new ones as part of Breakthroughs for the Future, the company’s medium- to long-term business plan. The plan was embarked upon in fiscal 2013, and its first stage – or “BF-1” – concludes this year. According to Bando Chemical’s president, Mitsutaka Yoshii, the company has made...
