Sealing Giant NOK Announces 47.9B Yen Investment to Increase Production

NOK Corp. (TYO:7240) President Kiyoshi Doi recently commented on the solid performance of his company’s seal business for the fiscal year ended March 31, 2018. Orders have been higher than expected, he said, leaving the company operating at full capacity – and so, he continued, NOK will make major investments this fiscal year to expand its facilities. Doi explained that...

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Denka Targets January 2019 Launch for New High-Performance Elastomer

Chemical manufacturer Denka Co. Ltd. (TYO:4061) has developed a new elastomer called Evolmer that it plans to release in January 2019. Evolmer will become the third product in Denka’s lineup of functional elastomers, following the company’s currently available chloroprene rubber and special acrylic elastomer products. Denka has developed Evolmer by taking the elastomer technology it has built up over the...

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Bridgestone Reforms Working Conditions to Boost Efficiency, Productivity

Bridgestone Corp. (TYO:5108) is promoting reforms to working conditions to help change the way each individual employee performs their work, and to raise professional awareness, eagerness and creativity. The goal here is to strengthen competitiveness while boosting both corporate and customer value. In the autumn of 2016, Bridgestone reached agreement with labor unions to shorten the working hours of non-shift...

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Shin-Etsu Polymer Reports Growth to Sales, Profits for Fiscal 2017

Shin-Etsu Polymer Co. Ltd. (TYO:7970), a processing manufacturer of polyvinyl chloride (PVC) and silicone rubber products, has reported 79.34 billion yen ($722.47 million) in sales for fiscal 2017, up 7.3 percent from a year prior. In other metrics, the year saw Shin-Etsu Polymer generate 7.21 billion yen in operating profit, up 30.7 percent; 7.27 billion yen in ordinary profit, up...

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Zeon Sets New Records With Business Results for Fiscal 2017

Synthetic rubber giant Zeon Corp. (TYO:4205) recently released its business results for fiscal 2017, with highlights including the company topping its previous record figures for sales, operating profit and ordinary profit. Sales for the year ended at 332.68 billion yen ($3.04 billion), up 15.7 percent year-on-year. Meanwhile, operating profit totaled 38.88 billion yen, up 26.4 percent; ordinary profit came in...

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Yokohama Rubber President Lays Out Plans for Focus on Motorsport Events

Yokohama Rubber Co. Ltd. (TYO:5101) President Masataka Yamaishi has laid out plans to continue his company’s active focus on motorsport events this year, which marks the beginning of the company’s new medium-term management plan, “Grand Design 2020.” Yamaishi revealed his plans as part of an April 22 press conference at the Suzuka Circuit in Suzuka, Mie Prefecture, where the first...

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