Report: Rubber Industry Posts Higher Sales and Operating Profits in Fiscal 2024, Showing Solid Performance

The 19 listed rubber-related companies reported solid results for the fiscal year ended March 31, 2025, with net sales and operating income up from the previous year, and net income almost unchanged. Belts performed well, especially overseas, and many auto parts companies, which had experienced sluggish growth in automobile production, were able to increase profits by shifting prices and implementing…

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