Zeon Corp. (TYO:4205) recently announced that it its subsidiary Optes Inc. has begun full-scale operations at a new production line for retardation film used in LCD televisions. The line is part of Optes’ Himi Plant in Hokuriku. The new production line is Zeon’s sixth for retardation film, and is able to produce 24 million square meters of the material per...
Zeon Corp. (TYO:4205) Chairman Naozumi Furukawa was decorated with an Order of the Rising Sun at this spring’s conferment ceremony. Commenting on the decoration, the 72-year-old Furukawa said that he was honored and humbled to receive the award and that he accepts it thanks to the continued support of those from other industries and from within his own group. He...
Zeon Corp. (TYO:4205) has announced its consolidated net sales declined by 4 percent year-on-year to 295.6 billion yen ($2.8 billion), and its net income decreased by 5 percent to 18 billion yen for the fiscal year ending March 2016. Price drops in export thermoplastic elastomers and rubbers, led by general-purpose rubbers, negatively affected the earnings for the period. Meanwhile, consolidated...
