Tigers Polymer

Japanese Rubber Companies Heavily Revise Earnings Projections

As companies are releasing their second-quarter earnings for the business year ending on March 31, 2017, some stand out for their revisions to projected full-year earnings. Cost-cutting boosted profits for some, while the higher yen hurt others. The following companies announced upward revisions to profit for the period: Achilles Corp. (TYO:5142), Okamoto Industries Inc. (TYO:5122), Mitsuboshi Belting Ltd. (TYO:5192), Tigers...

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Tigers Polymer Records Increased Sales Overseas on Automotive Parts in Q1

Tigers Polymer Corp. (TYO:4231), a manufacturer of automotive intake system parts and synthetic resin hoses, recorded an increase in sales volume as well as in operating and pretax profits for the first quarter of fiscal 2016. Quarterly net profit, however, was slightly down after factoring in the nonrecurring expense of losses from the sale of fixed assets. Breaking down the...

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Chinese Auto Parts Market Expected to Bounce Back – Tigers Polymer President Watanabe

Tigers Polymer Corp. (TYO:4231), a major manufacturer of automotive rubber components and plastic hoses for home appliances and civil engineering, is expecting in its April 2016 – May 2017 net sales to see a recovery in demand for automotive parts in the Chinese market. Speaking recently in an interview with Japan Rubber Weekly, President Kentaro Watanabe said that he anticipates...

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