Sagami Rubber Boasts Strong Sales of 0.01mm PU Condoms

Sagami Rubber Industries Co. Ltd. (TYO:5194) is making good sales on its polyurethane condoms despite being priced twice as high as their latex counterparts. The polyurethane product features superior thinness and strength, reassuring consumers and contributing to expanded sales. Approximately 70 percent of Sagami Rubber’s sales are from condoms. Ultra-thin polyurethane condoms (0.01mm thick) have been selling especially well ever...

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Bando Plans to Strengthen Position in Asian Market for Power Transmission Belts

Bando Chemical Industries Ltd. (TYO:5195), a major manufacturer of power transmission belts and conveyor belts, is looking to increase its sales of power transmission belts in the Chinese market and the Asian market overall. The company plans to increase its sales in the Chinese market through the end of the 2016 fiscal year to 11.8 billion yen ($107.6 million) from...

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Elastomix’s Overseas Strategy in the Rubber Refining Industry – Thailand, Indonesia

JSR Corp. (TYO:4185) affiliate Elastomix (Thailand) Co. Ltd., Thailand’s largest domestic rubber manufacturer and refiner, is increasing capacity at its Thai production facilities. Although domestic demand in Thailand is in an overall downtrend similar to that of China, the firm is managing to consistently attract new orders and other business. In addition, PT. Elastomix Indonesia has been running its domestic...

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Elastomix’s Overseas Strategy in the Rubber Refining Industry – China

Elastomix Co. Ltd., the largest manufacturer and refiner of rubber in Japan and majority-owned by JSR Corp. (TYO:4185), predicts there will be few reasons for demand in Japan to increase in the future. As such, the company plans to aggressively cater to demand overseas through its subsidiaries in China, Thailand and Indonesia. Elastomix’s subsidiary in Foshan, China, added a Banbury...

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Shin-Etsu Polymer Achieves Three Straight Years of Sales And Profit Growth

Shin-Etsu Polymer Co. Ltd. (TYO:7970) has posted 75 billion yen (US $6.87 billion) of sales for the year through the end of March 2016, which represented modest year-on-year growth of 5 percent. However, operating income was 4.1 billion yen – an 84 percent increase over the prior fiscal year. This represents three consecutive years of sales and profit growth in...

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Mitsuboshi Belting Operating Income Up 7% on Strong Overseas Sales

In FY 2015, Mitsuboshi Belting Ltd. (TYO:5192) posted operating income of 7.6 billion yen ($69.45 million), a 7 percent increase over the year prior and the highest the company has ever achieved. Year-on-year net sales were up no more than 1 percent at approximately 67.1 billion yen. Net sales of belts in Japan were around 26.5 billion yen, down 3...

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