Bridgestone Corp. (TYO:5108) has seen its overseas sales of conveyor belts generate increased revenue year-on-year for the first half of calendar 2018. And a major factor here has been strong demand from the mining sector in the Americas. Both North and South America showed particularly strong demand for copper ore and iron ore mining over the period, while figures in...
sales
Zeon’s Elastomer Business Sees Rising Sales, Falling Profits for First Quarter
Zeon Corp. (TYO:4205) has released its results for the first quarter of fiscal 2018, showing its sales for the period as having risen 1.1 percent year-on-year to reach 83.67 billion yen ($754.26 million). Meanwhile, the company’s operating profit was down 13 percent to 8.46 billion yen, while its ordinary profit fell 10.6 percent to 9.66 billion yen and its net...
JSR Posts Major Sales Increase for First Quarter on Back of Strong Elastomer Demand
Synthetic rubber manufacturer JSR Corp. (TYO:4185) has posted sales of 122.26 billion yen ($1.1 billion) for the first quarter of fiscal 2018, up 20.9 percent from the same quarter last year. Meanwhile, the company’s operating profit was down 9.6 percent year-on-year to 11.48 billion yen, with its net profit falling 5.4 percent to 8.94 billion yen. Sales at JSR’s elastomers...
Fujikura Rubber Expects to See Slight Drop-off Following Stellar Run
Fujikura Rubber Ltd. (TYO:5121) has been getting strong performance out of its sales divisions for industrial products, control equipment and golf club carbon shafts. The company saw increased revenue for the fifth consecutive year in fiscal 2017 – as well as increased profit for three consecutive years. Automotive-related exports have grown in countries including China and Vietnam, with particular growth...
Shin-Etsu Polymer Reports Growth to Sales, Profits for Fiscal 2017
Shin-Etsu Polymer Co. Ltd. (TYO:7970), a processing manufacturer of polyvinyl chloride (PVC) and silicone rubber products, has reported 79.34 billion yen ($722.47 million) in sales for fiscal 2017, up 7.3 percent from a year prior. In other metrics, the year saw Shin-Etsu Polymer generate 7.21 billion yen in operating profit, up 30.7 percent; 7.27 billion yen in ordinary profit, up...
JSR’s Elastomer Division Sees 6.5% Year-on-Year Increase in Sales
JSR Corp. (TYO:4185) recently released its financial results for fiscal 2017, with these showing that sales from the company’s elastomer division went up 6.5 percent year-on-year to 197.37 billion yen ($1.81 billion). Operating profit from the division was at 14.87 billion yen, up 69 percent, while sales volume was at 677,731 tons, down 3 percent. In response to rising butadiene...