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Sumitomo Rubber Develops Sustainable Office Equipment Rubber Rollers

on June 5, 2025 in Industry

Sumitomo Rubber and Sumitomo Osaka Cement have successfully developed rubber rollers for office automation (OA) equipment using CO2-recycled artificial limestone. The product incorporates a synthetic rubber compound that replaces conventional limestone with CO2-recycled artificial limestone, produced by mineralizing CO2 into calcium sources from waste materials. This marks the first joint effort by Sumitomo Rubber Industries and Sumitomo Osaka Cement to...

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Fukoku Achieves Record-High Sales: FY Results

on June 4, 2025 in Industry

Fukoku’s financial results for the fiscal year ended March 31, 2025, reported sales revenue of 89.66 billion yen ($627.53 million), up 0.9% year-on-year, operating profit of 4.72 billion yen, up 29.4%, ordinary profit of 4.57 billion yen, up 11.6%, and net profit of 2.93 billion yen, down 3.9%. “Sales revenue grew despite sluggish automotive production, driven by strong sales in...

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Mitsuboshi Belting’s FY Results: Record-High Sales and Net Profit for Third Consecutive Year

on June 3, 2025 in Industry

Mitsuboshi Belting’s financial results for the fiscal year ended March 31, 2025, reported sales revenue of 90.51 billion yen ($632.90 million), up 7.7% year-on-year, operating profit of 8.93 billion yen, up 15.1%, ordinary profit of 9.15 billion yen, down 4.7%, and net profit of 9.06 billion yen, up 27.6%. Sales revenue reached a record high, while net profit marked a...

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Shanghai Natural Rubber Futures Listed on Osaka Exchange: Yen-Based, Cash-Settled for Price Hedging

on June 2, 2025 in Industry

On May 26, natural rubber traded on the Shanghai Futures Exchange was listed on the Osaka Exchange, with a listing ceremony held in the atrium of the Osaka Securities Exchange building. Five global rubber futures exchanges exist: the Osaka Exchange (RSS3, TSR20), Shanghai Futures Exchange (RSS3, synthetic rubber), Shanghai International Energy Exchange (TSR20), Thailand Futures Exchange (RSS3, RSS3D), and Singapore...

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Bando Chemical Reports Strong Auto Parts Business: FY Results

on May 23, 2025 in Industry

Bando Chemical reported sales revenue of 115.59 billion yen ($797.70 million), up 6.8% year-on-year, core operating profit of 7.74 billion yen, up 2.1%, and net profit of 1.50 billion yen, down 75.8%, for the fiscal year ended March 31, 2025. Factors affecting core operating profit included profit increases from higher gross profit due to sales growth of 1.36 billion yen...

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Nitta Posts Record-High Sales, Profits: FY Results

on May 22, 2025 in Industry

Nitta performance for the fiscal year ended March 31, 2025, recorded sales of 90.28 billion yen ($622.29 million), up 1.9% year-on-year, operating profit of 5.16 billion yen, up 16.6%, ordinary profit of 14.60 billion yen, up 21.6%, and net profit of 12.13 billion yen, up 23.1%. Sales grew despite continued weakness in automotive and construction machinery sectors, driven by a...

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