Kuriyama Holdings reported a 9.9% year-on-year increase in net sales to 40.33 billion yen ($286.62 million), a 22.9% increase in operating income to 2.78 billion yen, a 21.5% increase in ordinary income to 3.11 billion yen, and a 17.5% increase in net income to 2,11 billion yen in its consolidated interim (January-June) results for fiscal 2024. Both sales and profits...
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Kuriyama Eyes Continued Strong Performance Across Asia, North America for 2018
Major industrial rubber manufacturer and marketer Kuriyama Holdings Corp. (TYO:3355) is getting strong business performance out of its operations across Asia and North America. Sales for fiscal 2017 have been going steady in Asia for Kuriyama’s urea SCR sensors and module tanks, which comply with emission regulations in the region on construction and agricultural machinery. In China, the company has...
Amid Limelight on China, Japanese Rubber Industry Quietly Continues Expansion Into Europe
The period since the 1960s has seen a spurt of overseas expansion from Japanese companies involved in the rubber industry. This expansion has followed through from moving into Korea and Southeast Asia, centering on Taiwan, in the 1970s to North America in the 1980s and, since 2000, through into China and the ASEAN region. Recently, momentum has been gaining also...