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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