Shin-Etsu Chemical Co. Ltd. (TYO:4063) is set to raise prices both in Japan and abroad for all silicone products handled by the company’s silicone division. Most prices here will rise by between 10 and 20 percent, although some will increase by even more. The new prices will apply to products shipping from October onward. Shin-Etsu Chemical previously announced price revisions...
Denka Co. Ltd. (TYO:4061) has revealed its business results for the first quarter of fiscal 2021, marking a recovery from the same period last year. The company ended the quarter with a sales revenue of 86.73 billion yen ($789.69 million), up 13.8 percent year-on-year; operating profit of 7.75 billion yen, up 76 percent; ordinary profit of 7.52 billion yen, up...
Sumitomo Riko Co. Ltd. (TYO:5191) has posted its business results for the first quarter of fiscal 2021. The company’s sales revenue came to 109.79 billion yen ($1 billion), up 67.9 percent year-on-year; business profit came to 2.71 billion yen, up from an 8.04 billion yen loss; and net profit came to 1.73 billion yen, up from a 7.38 billion yen...
Toyoda Gosei Co. Ltd. (TYO:7282) has posted its business results for April–June, revealing a significant improvement from the same quarter last year. The company’s sales revenue was up 82.6 percent year-on-year to 203.12 billion yen ($1.86 billion); operating profit, meanwhile, improved from a loss of 9.81 billion yen to a profit of 11.26 billion yen, with net profit similarly up...
Toyoda Gosei Co. Ltd. (TYO:7282) has switched over to getting all of its energy from renewables at three locations across Japan, making the shift here at its World Headquarters, its Inabe Plant and its Miyoshi Distribution Center. Toyoda Gosei has already been cutting down on its overall energy use via a number of energy-saving initiatives. This has seen the company...
Shin-Etsu Chemical Co. Ltd. (TYO:4063) is looking to invest a total of 20 billion yen ($181.1 million) into its silicone business to cut down on CO2 emissions. Half of this total will go toward improving manufacturing processes, while the other half will be used as capital investments to bolster production capacity for eco-friendly products. For its efforts on the manufacturing...
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