Tosoh reported net sales of 747.89 billion yen ($5.01 billion), down 5.9% year-on-year, for the first nine months (April-December) of the fiscal year ending March 2024. Operating income stood at 59.55 billion yen, up 1.1%, ordinary income at 68.67 billion yen, down 5.0%, and net income at 41.37 billion yen, down 10.7%. By segment, the petrochemical business posted sales of...
financial results
Zeon Posts 9M Results, SSBR and Specialty Rubbers Steady on Stable New Car Production
Zeon posted sales of 283.81 billion yen ($1.9 billion), down 3.5% year-on-year, in the first nine months (April-December 2023) of the fiscal year ending March 2024. It further achieved operating income of 15.99 billion yen, down 42.6%, ordinary income of 19.91 billion yen, down 35.9%, and net income of 20.91 billion yen, up 14.4%. In the elastomer materials business segment,...
Fukoku’s Sales up 10% in First Half
Automotive rubber parts maker Fukoku posted sales of 42.95 billion yen ($291.76 million), up 10.2% year-on-year, operating profit of 1.06 billion yen, up 29.6%, recurring profit of 1.39 billion yen, down 23.2%, and net profit of 1.047 billion yen, down 28.7% in the first half (April-September) of the fiscal year ending March 2024). Sales were affected by the economic slowdown...
Mitsuboshi Belting Posts Increasing Sales of Mainstay Automotive Belts in First Half
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...
Achilles Posts First Half Results, Sales Down 6%
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....
Fuji Latex Sales Down 7% in First Half, New Condom Material Performs Well
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...