Tokyo Materials Posts Business Results, Synthetic Rubber Sales up 22%

Zeon group company Tokyo Materials reported net sales of 54.09 billion yen ($376 million), up 14.8% year-on-year, ordinary income of 2.57 billion yen, up 4.5%, and net income of 1.89 billion yen, up 11.6% for the fiscal year ended March 31, 2023. In the same period, although there were signs of movement toward normalization of economic activities due to progress…

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