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...
financial results
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...
Tokyo Zairyo Posts FY2023 Results, Ordinary Income Down 3%
Tokyo Zairyo’s business results for the fiscal year ended March 31, 2024, showed sales of 51.85 billion yen ($322.24 million), down 4.1% from the previous year; ordinary income of 2.49 billion yen, down 3.2%; and net income of 1.80 billion yen, down 5.4%. In an environment of global recession concerns, geopolitical risks, and a shift to electrification in the automotive...
Fujikura Composites Announces Financial Results, Expects Profits to Increase Next Fiscal Year
On June 14, Fujikura Composites held an online financial results meeting for the fiscal year ending March 31, 2024. For the period, net sales were down 7.1% year-on-year to 37.79 billion yen ($234.86 million), operating income was down 18.2% to 3.62 billion yen, ordinary income was down 24.2% to 3.90 billion yen, and net income was down 17.6% to 3.25...
Fujikura Composites Sees Sales, Profits Decline in FY2023: Results
Fujikura Composites posted a 7.1% year-on-year decline in net sales to 37.79 billion yen ($241.18 million), an 18.2% decline in operating income to 3.62 billion yen, a 24.2% decline in ordinary income to 3.9 billion yen, and a 17.6% decline in net income to 3.25 billion yen for the fiscal year ended March 31, 2024. By segment, the industrial supplies...