Sumitomo Rubber posted second quarter (January-June) results for fiscal 2024, showing revenue of 587.04 billion yen ($4.03 billion), up 4.6% year-on-year; operating profit of 42.29 billion yen, up 147.6%; and net income of 38.73 billion yen, up 372.5%. Sales revenue, operating profit, and net income were all record highs for the same period. By business segment, the tire business posted...
financial results
Valqua Sees Declining Sales, Income in Sealing Business: First Quarter Results
Valqua’s results for the first quarter of the fiscal year ending March 31, 2025, showed sales of 61.74 billion yen ($419.94 million), down 0.7% year-on-year; operating income of 7.10 billion yen, down 20.0%; ordinary income of 7.40 billion yen, down 18.1%; and net income of 4.91 billion yen, down 27.2%. By segment, the sealing products business posted sales of 37.16...
Fuji Latex Posts First Quarter Results, Net Income up 14%
For the first quarter of the fiscal year ending March 31, 2025 (April-June 2024), Fuji Latex posted sales of 1.81 billion yen ($12.30 milion), down 3.1% year-on-year; operating income of 94 million yen, down 4.9%; ordinary income of 102 million yen, up 19.0%; and net income of 71 million yen, up 13.5%. By segment, the medical equipment business posted sales...
Okamoto Sees Gloves and Other Household Goods Sales and Income Decline: Q1 Results
Okamoto reported a 3.4% year-on-year rise in sales to 26.07 billion yen ($177.21 million), a 10.7% rise in operating income to 2.54 billion yen, a 9.7% rise in ordinary income to 3.59 billion yen, and a 19.3% decline in net income to 2.21 billion yen for the first quarter of the fiscal year ending March 31, 2025. By segment, sales...
NOK’s Posts First Quarter Results, Sales up 15%
NOK’s first quarter results (April-June 2024) for the fiscal year ending March 31, 2025 were as follows: Net sales of 188.17 billion yen ($1.28 billion), up 14.8% year-on-year; operating income of 5.65 billion yen (vs. a loss of 1.23 billion yen in the same period of the previous year); ordinary income of 12.04 billion yen, up 86.8%; and net income...
Asahi Kasei Reports Increased Volume in Synthetic Rubber and Elastomer Business
Asahi Kasei reported a 13% year-on-year increase in sales to 736 billion yen ($5.01 billion), a 129% increase in operating income to 49.87 billion yen, a 151% increase in ordinary income to 53.72 billion yen, and a 256% increase in net income to 34.1 billion yen for the first quarter (April-June) of the fiscal year ending March 31, 2025. The...