Japan’s largest rubber roll manufacturer Kinyosha reported year-on-year increases in both sales and profit for fiscal 2021 ending March 31, 2022. Although demand fell due to the impact of the coronavirus pandemic, it recovered by March 2022 as the impact slowly subsided. In particular, blankets geared for overseas, rolls for films, rolls for OA equipment, and iron core-related products contributed...
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While demand for automotive-related products has declined, demand for civil engineering and construction has remained strong. Steady progress in civil engineering and other construction work, which began to move in the second half of 2021, has led to demand for upper-level building-related projects. Demand was concentrated in the fourth quarter (January-March 2022), as construction work started moving quickly, especially in...
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Shipment volume of rubber sheets (plates) is declining. According to statistics compiled by the Japan Rubber Industry Association, shipments from January to May 2022 totaled 6,908 tons, down 7.3 percent from the same period last year. In 2021, the market recovered from the decline caused by the coronavirus pandemic and remained generally firm throughout the year. However, the recovery trend...
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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...
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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,...
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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...
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