Bridgestone Displays Winners of Children’s Eco-Art Contest at Corporate Museum

Bridgestone Corp. (TYO:5108)’s corporate museum, Bridgestone Today, is displaying the winners of the 14th Bridgestone Children’s Eco-Art Contest. The art will be displayed at the museum’s ground floor event space from June 30 to the end of September. Bridgestone Today is located in Kodaira, Tokyo. Bridgestone has been holding this contest every year since 2003 with the hope that children’s...

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Mitsuboshi Belting Reports Flat Sales, Moves Forward With Value-Added Products

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...

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Toyoda Gosei to Produce More Plastic Fuel Filler Pipes in Japan and US

Toyoda Gosei Co. Ltd. (TYO:7282) will boost production capacity of plastic fuel filler pipes in Japan and the U.S. to meet growing demand for lightweight products. The company will spend a total of 2 billion yen ($18.12 million) on the effort, with around 600 million yen going to its Heiwacho Plant in Inazawa, Aichi Prefecture, and the other 1.4 billion...

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Tokai Carbon to Raise Fine-Carbon Product Prices by 15%

Tokai Carbon Co. Ltd. (TYO:5301) has announced an increase of 15 percent over its current sales prices for fine-carbon, special-graphite products beginning with deliveries on July 1. The company explained that the price hike stems from a sharp decline in the special-graphite market caused by drastic changes in the balance of supply and demand. This situation has hurt profitability. Tokai...

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Gates Unitta Asia Generates Strong Sales in Several Sectors

Gates Unitta Asia Co. has been seeing strong sales figures in a number of sectors, including the domestic market for general-purpose industrial belts. In addition to the positive performance of its mainstay products related to semiconductor production equipment, solid sales of products for liquid crystal displays (LCDs) also are driving overall revenue. A representative from Gates Unitta Asia says that...

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Bando Chemical Looks to Expand in High-Value-Added Products After Favorable Overseas Sales

Overseas sales for Bando Chemical Industries Ltd. (TYO:5195) increased for the fiscal year ending in March 2017, mainly in Thailand and China. In contrast, the company saw a decline in Japanese domestic sales for industrial belts, which resulted from an industrial-equipment production decline accompanying sluggish capital investment in the country. Overseas sales were affected by declining capital investment in the...

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