NOK reported a 5.7% year-on-year increase in net sales to 750.50 billion yen ($4.47 billion), a 49.0% increase in operating income to 22.91 billion yen, a 51.7% increase in ordinary income to 40.29 billion yen, and a 137.2% increase in net income to 31.60 billion yen for the fiscal year ending March 31, 2024. “Although the company did not reach...
financial results
Sakura Rubber Sales up 25% in FY2023
Sakura Rubber’s fiscal 2023 results showed sales of 13.35 billion yen ($85.19 million), up 24.9% year-on-year; operating income of 1.14 billion yen, up 166.9%; ordinary income of 1.11 billion yen, up 170.4%; and net income of 733 million yen, up 133.5%. Among segments, the firefighting and disaster prevention business posted sales of 8.72 billion yen, up 28.8%, and operating profit...
Nishikawa Rubber Reports Annual Results, Sales up 20%
Nishikawa Rubber reported a 20.1% year-on-year increase in net sales to 117.9 billion yen ($751 million), a 791.3% increase in operating income to 6.85 billion yen, a 301.1% increase in ordinary income to 9.15 billion yen, and a 176.9% increase in net income to 5.84 billion yen for the fiscal year ended March 31, 2024. By segment, sales in Japan...
Tiger Polymer Posts Fiscal 2023 Results
Tigers Polymer’s results for the fiscal year ending March 31, 2024, showed sales of 47.86 billion yen ($304.97 million), up 5.7% year-on-year; operating income of 3.19 billion yen, up 192.9%; ordinary income of 4.29 billion yen, up 129.2%; and net income of 3.02 billion yen, up 269.9%. By segment, sales in Japan increased 1.8% to 21.93 billion yen, and operating...
Nitta Posts Financial Results, Sees Opportunity in Semiconductor-related Business
Nitta announced net sales of 88.61 billion yen ($565.29 million), up 0.7% year-on-year; operating income of 4.42 billion yen, down 11.4%; ordinary income of 12,01 billion yen, down 6.9%; and net income of 9.68 billion yen, down 9.2%, for the fiscal year ending March 31, 2024. “Sales were decent, but profits fell sharply due to a slower-than-expected decline in the...
Synthetic Rubber Sales and Profit Rise on Higher Shipments: Zeon FY 2023 Results
Zeon reported net sales of 382.28 billion yen ($2.42 billion), down 1.6% year-on-year, operating income of 20.50 billion yen, down 24.6%, ordinary income of 26.91 billion yen, down 14.3%, and net income of 31.10 billion yen, up 194.3% for the year ended March 2024. In the elastomer materials business segment, sales declined 3.1% to 215.29 billion yen, and operating profit...