The general performance of listed rubber companies has been compiled for fiscal 2019, during which the impact of the novel coronavirus pandemic began to become apparent. Among chemical companies, the elastomer business experienced lower revenue and earnings at synthetic rubber manufacturers JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205). This was attributable to a global slump among buyers in automobile and...
JSR Corp. (TYO:4185) recently announced that it has formed a comprehensive collaboration with the Department of Physics at the University of Tokyo’s Graduate School of Science. Joint research here started up on April 1. The first initiative under the tie-up is to establish a collaborative research base for bringing together physics and chemistry. Named the “JSR–UTokyo Collaboration Hub, CURIE,” this...
JSR Corp. (TYO:4185) recently posted its business results for fiscal 2019, revealing sales revenue of 471.97 billion yen ($4.4 billion) – down 4.7 percent year-on-year. The company’s operating profit for the year came to 32.88 billion yen, down 27.3 percent, while its net profit totaled 22.64 billion yen, down 27.4 percent. In the Elastomers segment specifically, JSR generated 178.79 billion...
Efforts in Japan to prevent the spread of novel coronavirus infection are moving forward at a rapid pace. On Feb. 25, Japan’s central government issued its basic policy on novel coronavirus countermeasures, with large-scale events postponed or canceled the following day. JRW has compiled the following report on concurrent efforts being undertaken in rubber-related industries. Many companies have instituted staggered...
JSR Corp. (TYO:4185) is facing a number of questions regarding the future of its elastomers business as the company finds success with new business ventures. Nobuo Kawahashi, who was inaugurated last June as president and COO of JSR, recently took some time out of his schedule to talk with Japan Rubber Weekly about the performance and direction of this elastomers...
JSR Corp. (TYO:4185) announced on Nov. 11 that it has started construction of the JSR Bioscience and Informatics R&D Center (JSR BIRD). Located within King Skyfront – an international R&D hub in Tonomachi, Kawasaki, Kanagawa Prefecture – this new research institute is scheduled to open in July 2021 with a total floor space of 6,440 square meters. Through this project,...
