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 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...
Fujikura Composites, a manufacturer of industrial rubber products and carbon shafts for golf, decided on August 30 to form a business alliance with Singapore-based Fu Yu Corporation. The date of the agreement is September 1. Fu Yu manufactures high-precision plastic injection molded products and molds, metal injection and metal punching, as well as post-processing of molded products and supply chain...
Fujikura Composites said that its printing materials (blankets) business posted year-on-year sales and profit growth in the first half (April-December) of the fiscal year ending March 31, 2023. The Japanese domestic market was sluggish, but the weak yen helped drive strong exports, which drove performance. Another positive factor was the penetration of price increases implemented in the previous fiscal year....
Fujikura Composites Inc. (TYO:5121), formerly known as Fujikura Rubber Ltd., is set to launch its Aqua Charge series of small magnesium–air batteries for residential use on May 29. These have been designed as a smaller version of the company’s existing WattSatt series of magnesium–air batteries for emergency power storage. WattSatt products have been receiving positive feedback from companies and government...
