Toyoda Gosei Co. Ltd. (TYO:7282), Toyota Group’s only manufacturer of high-polymer automobile components made from rubber and plastic, has released its business results for the fiscal year ending March 2017. The company saw sales of 755.61 billion yen ($6.63 billion), a year-on-year decrease of 3.4 percent; operating profit was down at 40,675,000,000 yen, a 5-percent decline; ordinary income dropped to...
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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...
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Industrial rubber sheet and diaphragm manufacturer Irumagawa Rubber Co. Ltd. launched a new three-year medium-term business plan on April 1. Named NexT 2019, the plan defines what Irumagawa Rubber hopes to be in 2025, says company President Yuki Shimizu, and compiles initiatives to be executed by fiscal 2019 in order to reach that goal. With two missions, sales growth and...
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Major synthetic rubber company JSR Corp. (TYO:4185) has released its business results for fiscal 2016. Sales were up for the company 1 percent year-on-year, rising to 390,599,000,000 yen ($3.34 billion); operating profit was down 5.9 percent at 32.37 billion yen; ordinary income rose 7.8 percent to 36,264,000,000 yen; and net profit, up 25 percent, increased to 30,078,000,000 yen. The company’s...
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Major raw material supplier Kato Sansho Co. Ltd. has been enjoying strong international sales of late, achieving 50 billion yen ($444.6 million) in annual sales for the first time in three years. The company has seen growth in its sales of materials for automotive parts, with automakers themselves riding a robust market. Additionally, the company has been getting increased sales...
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Bando Chemical Industries Ltd. (TYO:5195) held its annual distributor meeting in Kobe on April 21. The company’s fifth to date, the meeting had an attendance of 89 members from across Japan. In addition to welcoming representatives from the company’s 60 key distributors, the event had in attendance 17 members from Bando Chemical, including President Mitsutaka Yoshii and other executives. Also...
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