Tokai Carbon reported for the first half of the current fiscal year a 4.2% year-on-year decline in net sales to 170.92 billion yen ($1.17 billion), a 61.2% drop in operating income to 8.43 billion yen, a 56.4% decline in ordinary income to 10.52 billion yen, and a 77.0% drop in net income to 3.66 billion yen. The carbon black business,...
The four Japanese tire makers have released their first half (January-June) results for the fiscal year ending December 31, 2024. Bridgestone, Sumitomo Rubber, Yokohama Rubber and Toyo Tires all posted record-high sales and profits for the period. Although tire sales volume was slightly struggling, the external environment, including raw material prices, yen depreciation, and lower ocean freight rates, in addition...
Nitta posted sales of 21.63 billion yen ($148.14 million), down 0.4% year-on-year, operating profit of 1.16 billion yen, down 9.2%, ordinary profit of 3.60 billion yen, up 18.7%, and net profit of 3.02 billion yen, down 20.5% in the first quarter (April-June 2024) of the fiscal year ending March 2025. By segment, the belt and rubber products business posted sales...
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...
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...
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...
