Driven by factors such as the U.S.–China trade war, China’s economic slowdown is becoming clearer as of late. And these trade tensions, as well as the related sense of deceleration in domestic Chinese conditions, are now having a visible impact on trade figures. Business conditions for electrical and electronic parts saw a negative trend through to the end of last...
The Japan Belting Manufacturers Association is forecasting 11,817 tons of demand for domestically produced transmission belt products during 2017, virtually unchanged from the previous year. While automotive-related demand has somewhat declined, demand has been strong for general industrial belting. Growth was driven by applications for semiconductors, injection molding machinery, machine tools and industrial robots. Transmission belt production from January through...
The Japan Belting Manufacturers Association recently offered a proposal regarding how to measure conveyor belt running resistance to an international conference on ISO/TC41 held in London from Sept. 19 to Sept. 22. Doshisha University Professor Toru Fujii presented the proposal, which is to be voted by committee members. Another member from the Japanese association also held a presentation, which proposed...
Mitsuboshi Belting Ltd. (TYO:5192) has reported 56.48 billion yen ($504 million) in sales for its belt business for the fiscal year ending March 2017, down 1.7 percent from a year prior. The company forecasts no domestic sales growth for its belt business for the current fiscal year. A decline of domestic farms and agricultural equipment retailers has led to shrinking...
Production volume for rubber belts in April was down 4 percent year on year, marking eight straight months of such decreases. Meanwhile, year-on-year exports for that month were up by 3 percent, although a cooling domestic market led to a 6 percent decline in Japan. Figures for each belt category released by the Japan Belting Manufacturers Association indicate that production...
Mitsuboshi Belting Ltd. (TYO:5192) is riding strong sales of its E-Power and other energy-efficient V-belts, particularly for air-conditioning applications in factories and commercial buildings. The company’s synchronous belts for injection molding machines are also selling well. Expanding sales of high-torque belts are contributing to healthy business. Looking at the general industrial transmission belt market in Japan for the foreseeable future,...
