financial results

NOK Significantly Increases Net Income in FY2023

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...

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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...

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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...

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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...

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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...

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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...

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