kenji morita

Fujikura Composites Announces Financial Results, Expects Profits to Increase Next Fiscal Year

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...

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Fujikura Rubber Considers New Overseas Manufacturing Base

Fujikura Rubber Ltd. (TYO:5121) is considering investing in what would be the company’s fifth manufacturing base, President Kenji Morita has revealed. The industrial rubber goods manufacturer presently has a range of manufacturing and distribution bases across four countries, with three in Japan, two in China, one in the U.S. and one in Vietnam. The new base would be built with...

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