Market Background

Asahi Kasei Records Major YoY Increases in First-Half Performance on Back of Material Segment

Asahi Kasei Corp. (TYO:3407) has posted its business results for the first half of fiscal 2021, revealing a 19.4 percent year-on-year increase in sales – reaching 1.18 trillion yen ($10.27 billion) – and a 47.4 percent increase in operating income, 113.14 billion yen. Ordinary income too was up, marking a 53.9 percent increase to 119.23 billion yen; as was net...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Tokai Carbon Sees January–September Sales Revenue Rise 28% Year-on-Year

Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) has posted its business results for the first three quarters of fiscal 2021, revealing 185.1 billion yen ($1.63 billion) in sales revenue, up 28 percent year-on-year, and 17.67 billion yen in operating income, up 137.9 percent. Looking at individual segments, the company’s carbon black business generated 72.26 billion yen in sales revenue,...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Zeon’s Elastomer Business Posts Year-on-Year Surge in Operating Income

Zeon Corp. (TYO:4205) has posted its financial results for the first half of fiscal 2021, revealing a sizable recovery from the same period last year. Results here included 179.08 billion yen ($1.57 billion) in sales revenue, up 30.3 percent year-on-year; 24.95 billion yen in operating income, up 151.7 percent; 26.58 billion yen in ordinary income, up 143 percent; and 18.39...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Toyoda Gosei Posts Increased Sales, Profits for First Half Following Recovery From COVID-19

Toyoda Gosei Co. Ltd. (TYO:7282) has revealed a promising set of business results for the first half of fiscal 2021. Sales revenue here came to 387.36 billion yen ($3.4 billion), up 25.2 percent year-on-year; operating profit to 12.99 billion yen, up 187.8 percent; and net profit to 9.03 billion yen, up 162.6 percent. For Japan specifically, the figures were 195.17...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Zeon Posts Sales Decline for Elastomer Business in FY2020 Results

Zeon Corp. (TYO:4205) has posted its business results for fiscal 2020, revealing sales revenue of 301.96 billion yen ($2.77 billion), down 6.2 percent year on year, and an operating income of 33.41 billion yen, up 28 percent. Speaking at the results briefing, company director Kazuyoshi Matsuura said that with customer industries having made a recovery in recent months, the January–April...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Toyoda Gosei Projects Revenue Growth for 2021 Following Mixed Bag of Results for 2020

Toyoda Gosei Co. Ltd. (TYO:7282) has reported its business results for fiscal 2020 and announced its projections for fiscal 2021. The company’s results for last fiscal year saw sales revenue fall 11.2 percent year-on-year to 721.5 billion yen ($6.61 billion), while operating profit rose 103.9 percent to 36.48 billion yen and net profit rose 213.6 percent to 35.21 billion yen....

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading