Japan Rubber Weekly recently sat down for an interview with Hideki Ogawa, president of Nishikawa Rubber, to discuss the year ahead. “In 2025, we will continue to take on any challenge with elastic ideas,” Ogawa said. Also actively promoting the use of AI and automation, the company is on track to develop new products and technologies that are expected to...
Nishikawa Rubber, a Hiroshima-based manufacturer of sealing products and industrial rubber products, has formulated its “2030 Global Medium- to Long-Term Management Plan.” The company aims to achieve sales of 130 billion yen ($833.75 million) or more, operating income of 13 billion yen or more, operating margin of 10% or more, ROE of 9% or more, and ROIC of 8% or...
Nishikawa Rubber reported a 20.1% year-on-year increase in net sales to 117.9 billion yen ($751 million), a 791.3% increase in operating income to 6.85 billion yen, a 301.1% increase in ordinary income to 9.15 billion yen, and a 176.9% increase in net income to 5.84 billion yen for the fiscal year ended March 31, 2024. By segment, sales in Japan...
Automotive rubber parts maker Nishikawa Rubber reported first quarter (April-June) net sales of 27.39 billion yen ($187.90 million), up 21.5% year-on-year, operating income of 731 million yen (compared to a loss of 379 million yen in the same period last year), ordinary income of 1.74 billion yen, up 286.2%, and net income of 1.33 billion yen, up 426.9%. The company...
Are we on the way toward a full-fledged recovery in demand? As rubber and plastic product manufacturers continue to announce their first half (April-September) earnings results for the fiscal year ending March 31, 2023, a recovery trend becomes visible in the automobile industry, the main source of demand. With the global economic outlook uncertain, it remains to be seen whether...
The novel coronavirus outbreak in Wuhan, Hubei Province, China, is having a major impact on society. This is especially true in China itself, though there is also the possibility that the virus will spread further overseas going forward. Looking then to get a better idea of how all this will impact business, Japan Rubber Weekly collected information from a number...
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