Mitsuboshi Belting’s results for the first half (April-September 2023) of the fiscal year ending March 2024 showed an increase in sales of its mainstay automotive belts, but a decline in sales and profits from general industrial and OA equipment use. With the company raising product prices in 2021 and 2022, it said that this led to a buildup of market...
Rubber products maker Achilles posted sales of 38.18 billion yen ($258.94 million) in the first half of the fiscal year ending March 2024 (April-September 2023), down 6.4% year-on-year. The company posted an operating loss came of 519 million yen (vs. a loss of 102 million yen in the same period last year), an ordinary loss of 45 million yen (vs....
In the second half of the fiscal year ending March 2024 (April-September 2023), Fuji Latex posted sales of 3.86 billion yen ($25.63 million), down 7.3% year-on-year; operating profit of 247 million yen, down 33.7%; ordinary profit of 239 million yen, down 35.2%; and net profit of 173 million yen, down 32.6%. Net income was 173 million yen, down 32.6%. By...
Shin-Etsu Polymer reported net sales of 53.45 billion yen ($353.19 million), up 1.7% year-on-year, operating income of 5.88 billion yen, down 11.4%, ordinary income of 6.4 billion yen, down 13.3%, and net income of 4.61 billion yen, down 8.3% for the first half (April-September) of the fiscal year ending March 2024. The company said that while shipments of automotive input...
Zeon Corporation has posted a 6.1% year-on-year decline in sales to 185.44 billion yen ($1.23 billion), a 53.1% drop in operating income to 9.46 billion yen, a 46.6% decline in ordinary income to 13.03 billion yen, and a 40.5% drop in net income to 10.35 billion yen in the first half (April-September) of the fiscal year ending March 2024. In...
Sumitomo Riko’s first half (April-September 2023) results (IFRS) showed net sales of 297.88 billion yen ($1.98 billion), up 16.5% year-on-year; operating income of 12.78 billion yen, compared with a loss of 894 million yen in the same period of the previous year; and net income of 5.83 billion yen, compared with a loss of 4.79 billion yen. By business segment,...
Signup today for free.
You will receive a weekly or daily roundup on what has been published and will be up to date on special offers.
Please make sure to select your preferred sending frequency!
Note: We save your entered data to send the newsletter. You can always easily unsubscribe. More information on data handling: Privacy Policy.
Close window
