Asahi Rubber Reports Record Sales and Profits for Fiscal 2016

Asahi Rubber Inc. (TYO:5162) has released its business results for the fiscal year ending March 2017. Orders were strong for the company’s main products such as Asa Color LED, RFID and rubber used for tags, medical equipment and table tennis rackets. Profitability also increased due to cost cutting and higher factory productivity, with record highs on a consolidated basis reported…

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