Tokai Carbon reported a 3.8% year-on-year decline in sales to 350.12 billion yen ($2.34 billion), a 49.9% drop in operating income to 19.39 billion yen, a 45.7% drop in ordinary income to 22.58 billion yen, and a net loss of 56.73 billion yen for the fiscal year ended December 31, 2024. The net loss followed a net income of 25.47...
financial results
Nitta Publishes 9M Results, Sees Higher Profits on Strong Semiconductor Business
Nitta announced net sales of 66.85 billion yen ($438.74 million), up 0.3% year-on-year; operating income of 4.12 billion yen, up 7.5%; ordinary income of 11.09 billion yen, up 19.5%; and net income of 9.42 billion yen, up 23.4%, for the first nine months of the fiscal year ending March 31, 2025 By segment, the belt and rubber products business posted...
Kawaguchi Chemical Reports Rubber Chemicals Sales Up 9%
Kawaguchi Chemical, a manufacturer of rubber chemicals and other chemical products, reported a 3.6% year-on-year increase in net sales to 8.92 billion yen ($57.32 million), a 6.8% rise in operating income to 378 million yen, a 13.3% rise in ordinary income to 390 million yen, and a 31.6% rise in net income to 336 million yen in the fiscal year...
Okamoto Sales Up 7% in First Half
Okamoto posted sales of 54.49 billion yen ($362.81 million), up 6.9% year-on-year, operating income of 4.92 billion yen, up 3.2%, ordinary income of 5.02 billion yen, down 16.5%, and net income of 2.98 billion yen, down 34.9% in the first half (April to September) of the fiscal year ending March 31, 2025. Sales and operating income increased due to strong...
Mitsuboshi Belting Posts Record Highs for Sales, Net Income in First Half
Mitsuboshi Belting posted sales of 45.45 billion yen ($295.59 million), up 8.1% year-on-year, operating income of 4.55 billion yen, up 9.9%, ordinary income of 4.29 billion yen, down 23.6%, and net income of 6.09 billion yen, up 69.5% for the first half (April to September) of the fiscal year ending March 31, 2025. Sales and net income reached record highs...
Fukoku Reports First Half Results, Net Income Up 47%
Fukoku, a leading manufacturer of automotive rubber parts, posted sales of 44.59 billion yen ($289.88 million), up 3.8% year-on-year, operating income of 2.06 billion yen, up 94.5%, ordinary income of 2.22 billion yen, up 59.8%, and net income of 1.54 billion yen, up 47.2% in the first half (April to September) of the fiscal year ending March 31, 2025. “Net...