Ube Industries Announces Results for Fiscal 2016, Butadiene Rubber Profit Down Despite Strong Sales

Ube Industries Ltd. (TYO:4208) has released its business results for the fiscal year ending March 2017. The company saw sales of 616.56 billion yen ($5.44 billion), a year-on-year decrease of 3.9 percent; operating profit was down at 34.96 billion yen, a 15.6-percent decline; ordinary income dropped to 33.35 billion yen, a 15.8-percent decline; and net profits rose to 24.19 billion...

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NOK Seal Business Performs Well Amid Otherwise Declining Sales, Profits

NOK Corp. (TYO:7240), a major manufacturer of oil seals, posted sales of around 713,138,000,000 yen ($6.29 billion) for the fiscal year ending March 2017, representing a year-on-year decline of 4.4 percent. Meanwhile, operating profit was down 17.6 percent year-on-year to 39,776,000,000 yen, ordinary income dropped 14.9 percent to 45.79 billion yen, and net income for the year fell 9.1 percent...

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Nippon System Kaihatsu Releases Latest Version of Rubber Mixing System

Nippon System Kaihatsu Co. Ltd. has released Version 4.3 of its Mixture Design Support System (MDSS), which assists in mixing raw materials for rubber. MDSS is a software that enables consolidated management and sharing of data categorized under material, process, operation flow and evaluation. By adding information to a database and centralizing its management, the software allows users to quickly...

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Michelin’s Pilot Sport 4 S Tire Scores High in Japanese Grading System

Michelin recently received high marks in Japan for the Pilot Sport 4 S, one of the company’s performance tires. Under Japan’s tire grading system, the tire received an “A” for rolling resistance and an “a” (in some areas a “B-a”) for wet grip performance. Although not specialized for fuel-efficiency, the Pilot Sport 4 S gained notice due to its support...

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Dunlop Sports to Shift Golf Ball Sales Focus to Overseas Markets

As the number of people playing golf is on a downward trend globally, the golf market is expected to continue experiencing harsh conditions for some time. Looking at the Japanese market, sales prices dropped due to intensified competition resulting from a market contraction that took place leading up through 2014 and 2015. However, sales prices stopped declining in 2016 and...

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Carbon Black Shipments up 6% for March on Strong Tire Sector Demand

Shipment volume of carbon black rose 6.1 percent year-on-year to 52,479 tons in March, the third straight month of positive growth, according to records compiled by the Japanese Carbon Black Association. Total shipment for rubber use rose 6.8 percent year-on-year, up for the third straight month, at 49,270 tons. Although shipments for tire use were up 11 percent, shipments for...

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