Sumitomo Riko Recognizes Outstanding Chinese Distributors at Kyoshokai Event

Sumitomo Riko Co. Ltd. (TYO:5191) held its second “Kyoshokai” event on Nov. 1 at the company’s branch in Ayabe, Kyoto. The company used the event to outline business objectives and recognize the efforts of outstanding Chinese distributors. Established in 2016, Kyoshokai is a distributors conference for Sumiriko Industrial Products (Shanghai) Co. Ltd., a Shanghai-based industrial hose sales subsidiary of Sumitomo...

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Dunlop Sports’ Strong Global Sales Push up Revenue and Profit

Sumitomo Rubber Industries Ltd.’s (TYO:5110) group company Dunlop Sports Co. Ltd. (TYO:7825) has released consolidated financial results showing an increase in both revenue and profit for the combined first three quarters (January–September) of the fiscal year ending December 2017. For this period, the company reported 55.76 billion yen ($488.91 million) in sales, up 1.8 percent from the same period a...

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Conveyor Belt Production in Recovery

The conveyor belt business is recovering thanks to a turnaround in domestic demand for conveyor production and a 40 percent jump in exports to Australia. Meanwhile, soaring raw material costs are hurting the industry’s bottom line. Production volume figures for January through August compiled by the Japan Belting Manufacturers Association show that output has recovered on a year-on-year basis to...

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Bridgestone’s Foamed Rubber Technology Driving Force Behind Blizzak Studless Tires

Bridgestone Corp.’s (TYO:5108) Blizzak studless tires have for the 16th consecutive year been the most popular tire choice for passenger cars in five major cities within the Hokkaido and Northern Tohoku regions, which see heavy snowfall. The tires possess overwhelming market strength in these cities, where they are installed on approximately half of all passenger cars. At the core of...

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K. Brasch Demonstrates REP Rubber Injection Molding Machine for Small Parts

K. Brasch & Co. Ltd., the Japanese agent for French-based REP International, recently began exhibiting a demonstration model of REP’s Microject rubber injection molding machine. The machine, which is designed for molding small parts, was installed at K. Brasch’s Oshiage Office in Sumida Ward, Tokyo. In addition to demonstrating the Microject at its office, K. Brasch exhibited the machine at...

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Nitta’s Revenue and Profit Jump in First Half on Strong Semiconductor Products Demand

Nitta Corp. (TYO:5186) has reported a surge in revenue and profit for the first half of the fiscal year ending March 31, 2018. Sales rose to 36.48 billion yen ($319.79 million), up 14 percent from the same period last year, and net profit jumped 25.5 percent to 4.88 billion yen. Meanwhile, operating profit was up 15.2 percent at 2.87 billion...

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